Author: CryptoHoppers

Platinium Group, the leading ticket provider for Formula 1, is revolutionizing the world of sports events by integrating blockchain technology. In a groundbreaking move, they have partnered with Elemint, a renowned blockchain infrastructure corporation, and Bary, a leading Web3 firm, to introduce a new era of ticketing at the Monaco Grand Prix, held from May 26 to May 28. The highlight of this innovative ticketing system is the issuance of non-fungible token (NFT) race tickets. The Monaco Grand Prix is widely recognized as one of the most prestigious and significant automobile races globally, and it has been an annual event…

Politicians in the United States will likely strike a deal and raise the government’s $31.4 trillion debt ceiling for two more years. Amid this debate, the price of Bitcoin is firm but lower, tracking below the psychological $30,000 level as bulls recover after posting sharp losses mid-this week. The Debt Ceiling Debate There are reports that there will be more discretionary spending on the military and veterans with the reduction of other sectors. Moreover, there are unconfirmed reports that the Biden administration will likely not fund the Internal Revenue Service (IRS) to boost collection, as laid out earlier. Instead, the immediate focus…

Daily transactions on Polygon plunged by 81.38% from its peak this year. The activity on Polygon zkEVM increased after co-founder dropped hints of a potential Airdrop. Polygon’s [MATIC] network traffic declined considerably after showing great promise in the first quarter of 2023. On-chain analytics firm IntoTheBlock highlighted that the number of transactions on the Ethereum [ETH] sidechain has plunged a massive 81.38% from its peak this year. Despite its impressive growth during the ’21 bullrun, Polygon has experienced a decline in transactions. The number of daily txs currently sits at around 2000. This represents a significant 81.38% decrease from its…

The Risks and Benefits of Crypto Services Accessing Crypto Keys: A Closer Look at Ledger’s Approach In a recent update, the CEO and CTO of Ledger, a leading hardware wallet provider, announced the postponement of a controversial firmware update. Alongside this announcement, they outlined their plans to open source Ledger Recover, publish a whitepaper, and make the service auditable. Additionally, Ledger intends to gradually open source most of its operating system (OS). This blog post delves into the risks associated with crypto services having access to crypto keys, while also highlighting the pros and cons of Ledger’s approach. The Importance…

Red Swan CRE takes an immense amount of pleasure in coming out with its official announcement regarding the deliverance of its token studio on Hedera. Incidentally, Red Swan CRE is basically a commercial real estate organization having $5 billion in Assets Under management (AUM). The token studio on Hedera is for the purpose of Real World Asset (RWA) tokenization. We’re excited to announce that @RedSwanCRE, the commercial real estate company with $5 billion in Assets Under Management (AUM), is launching its token studio on @Hedera for Real-World Asset (RWA) tokenization ???? pic.twitter.com/ezP8519u4L — HBAR Foundation (@HBAR_foundation) May 23, 2023 As…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.dYdX is down -6.00% today against the US DollarDYDX/BTC decreased by -2.73% todayDYDX/ETH decreased by -3.15% todaydYdX is currently trading 11.38% below our prediction on May 29, 2023dYdX dropped -19.41% in the last month and is up 0.73% since 1 year agodYdX price$ 2.01dYdX prediction $ 2.27 (12.88%)Sentiment…

Dash, the open-source, proof-of-work blockchain, is down following a recent hard fork failure. The flaw is preventing the network from generating blocks, effectively preventing users from securely transferring value or making payments. Dash Blockchain Is Down As of May 23, the Dash blockchain explorer shows that the last block of transactions was confirmed roughly 28 hours ago. The network halt coincides with a failed upgrade on May 22 which would have seen the platform’s code updated to v19.0.0. Dash Block Generation: Blockchain Explorer The bug in the failed hard fork relates to how the consensus algorithm in v19.0.0 was supposed to…

“Real-Time Metaverses: A Possibility Within a Decade?” The future of technology is often portrayed as a seamless blend of reality and digital spaces, a world where virtual reality (VR), augmented reality (AR), and AI technologies come together to form real-time metaverses. With the rapid evolution of technology, especially in graphics processing units (GPUs) used in machine learning, could we see this become a reality within the next decade? In recent years, the speed and performance of GPUs have been improving at a remarkable rate. Research shows that the performance of all GPUs doubles approximately every 2.46 years, while GPUs used…

The report says that macro drivers favor MicroStrategy shares in terms of the de-dollarization of the world economy. The German investment bank Berenberg said that investors seeking exposure to cryptocurrencies are better served if they buy the shares of MicroStrategy than those of Coinbase. A Monday report revealed to the media said that macro factors associated with the shares of MicroStrategy Inc (NASDAQ: MSTR) give investors a higher possibility of being in profit than if they went for the shares of Coinbase Global Inc (NASDAQ: COIN). Highlighting its preference for MSTR, the Berenberg report outlined the reasons why investors should…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The International Organization of Securities Commissions (IOSCO) has proposed the first-ever global approach for regulating the crypto asset and digital markets. This game-changing development aims to fortify consumer protection and uphold market integrity across the expansive and evolving crypto landscape. In a paradigm shift for crypto finance, IOSCO has proposed a groundbreaking regulatory framework for the crypto asset and digital markets.  International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cryptoasset and digital markets, drawing on lessons from last year’s collapse of…