Author: CryptoHoppers
Journalist Posted: September 11, 2023 BNB still has a substantially higher number of daily transactions than Bitcoin. However, BTC dominated BNB last week on the social front. BNB Chain [BNB] has managed to hold its second spot on the list of cryptos by daily active addresses for quite some time. However, the picture might change soon as Bitcoin’s [BTC] stats were closing in to those of BNB’s at a quick pace. In fact, if the latest data is to be considered, BTC might have already overtaken BNB in that metric. Was it a result of a drop in BNB’s network…
6 Questions for Quantstamp’s Kei Oda
Kei Oda is the head of Japan and the Asia-Pacific region for Quantstamp, a Web3 security firm that audits smart contracts and develops blockchain security solutions. Kei spent 16 years trading bonds at Goldman Sachs before stumbling into cryptocurrencies out of boredom. He tells Magazine he was induced by the ability to trade Bitcoin and other assets around the clock. He has since fallen down the rabbit hole, even finding a job in the industry. 1. How did you get involved in crypto? So, I was actually a bond trader for 16 years before joining crypto. You know, we used…
After a brief rally fueled by a favorable court ruling, XRP’s price roller coaster continues, with CryptoSea founder Daan de Rover predicting a “gigantic move.” De Rover, who goes by CryptoRover on YouTube, indicated on X — formerly Twitter — that he expects a significant spike in price for XRP. XRP price analysis XRP, the digital asset of Ripple Labs, saw its price skyrocket on July 13 by over 80% after a significant courtroom victory over the U.S. Securities and Exchange Commission (SEC). The court ruled that XRP sales on public cryptocurrency exchanges were not offers of securities under the…
Onchain Summer: A Grand Celebration of the Launch of Base | NFT CULTURE | NFT News | Web3 Culture
Onchain Summer, a month-long festivity organized by Base, the L2 venture incubated by Coinbase, culminated last week, leaving an indelible mark in the realm of onchain technology. Celebrating the exhilarating launch of Base Mainnet, Onchain Summer manifested the immense community zeal, bringing together over 50 pioneering companies, prodigious artists, and innovative creators. From August 9 to August 31, a unique mint unveiled daily, underscoring the might of onchain technology. Onchain Summer by the Numbers: An astounding 700K mints over the course of 23 days. Participation from 268K distinct wallets. The big hitters in partner collections included Coca-Cola (80K), Iskra (71K),…
Rollbit coin price prediction 2023-2032 Rollbit price prediction 2023 – Up to $0.11 Rollbit price prediction 2026 – Up to $0.36 Rollbit price prediction 2029 – Up to $1.18 Rollbit price prediction 2032 – Up to $3.78 Rollbit has quickly become one of the most popular crypto casinos and trading platforms. Launched in 2019, Rollbit offers a wide range of gaming, sports betting, futures trading, and NFT options for users. With no KYC requirements and support for numerous cryptocurrencies, Rollbit provides an easy entry into the world of crypto gaming and trading. How much is Rollbit worth? The live Rollbit…
Top Stories This Week Binance crypto exchange saw 10 key execs leave in 2023. Here’s the list A key talking point in the crypto community has been the ongoing exodus of executives from Binance amid growing regulatory troubles. Binance has seen the departure of 10 key executives from various departments in the first nine months of 2023. The latest to join the list is Helen Hai, executive vice president of Binance, who announced her resignation from her post on Sept. 6. On the same day, Gleb Kostarev, vice president of Eastern Europe, Turkey, the Commonwealth of Independent States, Australia and…
The decision by the FASB to allow fair-value accounting for digital assets is a huge step forward for companies like MicroStrategy. Software developer MicroStrategy Inc (NASDAQ: MSTR) is set to report its Bitcoin (BTC) holdings quarterly without recognizing impairment losses in case of crypto price declines during the reporting period. This development comes as a result of the Financial Accounting Standards Board (FASB) approving new guidelines. Berenberg, a respected investment bank, has brought attention to this development as reported by Coindesk, suggesting that it could be a game-changer for MicroStrategy and other companies with substantial BTC holdings. Microstrategy’s Impairment Dilemma…
Big Bank Enters the Crypto Game: JPMorgan Launches Blockchain-Based Deposit Token
The Bitcoin price has a long history of responding to changes in the banking industry. A recent development on September 8th suggests that JPMorgan, a prominent financial institution, is preparing to make a significant impact on digital finance. According to a recent Bloomberg report, the bank is on the verge of completing a groundbreaking blockchain-based deposit token, pending approval from U.S. regulators.Finally Blockchain in Banking: A New Start!In contrast to stablecoins issued by non-bank entities, JPMorgan’s new token will be introduced by a traditional depository institution. This token will complement JPM Coin, which is currently limited to transactions within the…
GEN/GEN: Generative Generations – A Chronological Digital Art Journey | NFT CULTURE | NFT News | Web3 Culture
Gazelli Art House, London has unveiled its next major attraction: GEN/GEN: Generative Generations. This group exhibition traces the evolution of digital art across six decades. Featuring an illustrious lineup including Loren Bednar, Darien Brito, Sougwen Chung, and more, the event is a deep dive into the ever-evolving world of generative art. This monumental event is co-curated in tandem with tech collaborators, Verisart, and unfolds across Gazelli Art House’s three-floor Mayfair gallery. Notably, the house has consistently championed digital art, and this showcase further integrates that dedication with the gallery’s rich history. As a special highlight, on September 26th, a collaborative…
The transaction fees paid to use the Bitcoin network increased by double digits. This has been due to a spike in daily inscriptions on the network. Bitcoin’s [BTC] network fees climbed by 38% in the last week, reaching an average of $0.000086 per transaction, data tracked by IntoThe Block revealed. Bitcoin network fees climbed by 38% this week as Ordinals inscriptions reached their second highest daily amount pic.twitter.com/rjQ7aYLNSU — IntoTheBlock (@intotheblock) September 8, 2023 How much are 1,10,100 BTCs worth today? The jump in network fees has been attributed to a resurgence in the activity of Ordinals Inscriptions. Data from…