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2022-05-28 17:39:02 Stellar Foundation Joins Effort To Create Digital Currency Pilot Project in Brazil

The Stellar Development Foundation (SDF) is partnering with a leading crypto exchange as part of a wide-ranging test program seeking to expand Brazil’s blockchain industry.In a new press release, Stellar says it was selected along with the Mercado Bitcoin exchange as one of nine participants in the Challenge Real Digital project.

The project was created by the Central Bank of Brazil’s Financial and Technological Innovations Laboratory (LIFT) to explore possible use cases of a central bank digital currency (CBDC).Mercado Bitcoin says it chose to work with Stellar due to SDF’s past experience with CBDCs and stablecoins, as well as the Stellar network’s “unique combination of speed, efficiency, security, and compliance.”“We are in a consortium of companies that have the structure and ambition to build robust solutions for the financial market through blockchain

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2022-05-27 16:40:05 Stripe resumes BTC payments four years after suspending the service

Online payment processing company Stripe has re-introduced Bitcoin (BTC) payments through a partnership with crypto start-up OpenNode, which leverages the Lightning Network.

This partnership will allow Stripe’s customers to accept BTC payments through a new app. This app will let users convert incoming payments and any amount of their account balance into BTC.Notably, this service will be part of Stripe’s public beta of a new app marketplace. These products are scheduled to hit the market in the next few weeks. Through the OpenNode partnership, Stripe’s clients will get access to fast and cheap BTC payments via the Lightning Network.

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2022-05-26 17:00:14 FileCoin Foundation and Lockheed Martin Sets Course to Build IPFS Nodes in Space

The FileCoin Foundation has partnered with Lockheed Martin Space to create blockchain nodes in space. According to a recent tweet, FileCoin is looking forward to developing the blockchain infrastructure in space via IFPS.

The corporations are collaborating to launch the Interplanetary File System into orbit as a vital piece of digital technology that will change how information is accessible in the current economic system.According to the FileCoin foundation, good space communications infrastructure directly translates to the prosperity of the space economy. Therefore, the partnership is the next step in developing infrastructural facilities that will revolutionize how people will obtain and transmit information in Space.

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2022-05-25 18:05:02 Coinbase offers ‘thousands of tokens’ in expanded swap service

Coinbase has added BNB Chain and Avalanche to its list of supported networks for the Coinbase Wallet, which will give traders far greater access to tokens that are not listed on the Coinbase exchange.America’s largest crypto exchange Coinbase has added the BNB Chain, formerly Binance Smart Chain, and Avalanche to the Coinbase Wallet’s list of supported networks where users can swap and store cryptocurrencies.

The Tuesday blog post from the exchange boasts that the added functionality will provide access to “thousands of tokens,” which constitute a “greater variety than most traditional centralized exchanges can offer.”The added functionality to BNB Chain and Avalanche brings the total supported networks up to four, including Ethereum and Polygon. Users of the wallet who wish to trade on-chain can use Coinbase’s own in-app decentralized exchange (DEX) on four networks.

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2022-05-24 11:25:05 Crypto market flashes green as Bitcoin reclaims $30,000

After a period of a bearish trend engulfing the entire cryptocurrency market, things are finally starting to move in a more positive direction, with some crypto asset gainers standing out more than others.Indeed, the flagship digital asset Bitcoin (BTC) now trades at $30,437, having gained 1.56% over the previous 24 hours and 2.45% compared to seven days before, according to the data acquired from CoinMarketCap on May 23.

Its second contender in terms of market capitalization – Ethereum (ETH) – has also recorded gains as well, rising 2.39% on the day and 2.39% over the week.The total crypto market cap is moving in the positive direction as well, currently standing at $1.303 trillion – a 1.48% increase in 24 hours and a 2.92% rise over the previous week from $1.266 trillion.Meanwhile, the top three gainers among the top 100 coins by market capitalization have been Neo (NEO), eCash (XEC).

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2022-05-23 22:35:45 Waves (WAVES) Up 6.01% Monday

Waves (WAVES) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has gained 6.01% to $6.23.The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. WAVES's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

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2022-05-23 22:35:43 Helium founder: Nova Labs supports a decentralized internet

We spoke to the Chief Operating Officer of Nova Labs about the Helium network, its issues and what's next for decentralized internet networking.We recently caught up with Helium Chief Operating Officer Frank Mong to talk about the future of decentralized internet networking.Nova Labs, formerly Helium Inc, recently received $200 million in funding at a $1.2 billion valuation.

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2022-05-23 20:41:02 Bitcoin, Ether, Cardano, Solana Bull Rally In Second Half Of 2022 Is ‘Unquestionable’, Says Crypto Exec

The prices of cryptocurrencies have left investors scratching their heads on whether the worst of the storm has passed or prices could plunge even deeper. One crypto executive thinks that a strong recovery in the second half of the year is in play.

Jack McDonald, the CEO of PolySign told CNBC that he thinks that the worst could be behind the crypto markets and investors can expect a strong recovery in the coming months. He noted that the falling prices of Bitcoin, Ethereum, Cardano, Solana, and other cryptocurrencies are because they are seen as “risk-on, risk-off assets” with an increasing correlation with the broader markets.

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2022-05-22 12:42:03 Litecoin (LTC) Activates MimbleWimble’s Privacy Enhancements

After years of working on the MimbleWimble (MWEB) implementation for Litecoin (LTC), MWEB has officially been activated. The information has been released and published by the Litecoin Foundation on their official website on May 20th.MimbleWimble will allow Litecoin users to send and receive LTC without sharing private information with third parties.

The Litecoin network has been upgraded to implement the MibleWimble upgrade as a soft fork. This was an initiative that started thanks to Charlie Lee, Litecoin’s founder, in 2019. At that time, he claimed that fungibility was the only property of sound money that was missing from both Bitcoin (BTC) and Litecoin.

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2022-05-21 16:11:02 Coinbase Outlines Cost-Cutting Measures, Employee Grants Amid Weak Results and Crypto Rout

U.S. cryptocurrency exchange Coinbase Global (COIN) is pausing new hiring for two weeks and slashing cloud spending on Amazon Web Services, along with other cost-cutting measures following its recent weaker-than-expected earnings report and the overall crypto market rout.

Coinbase also told employees it will give them more stock grants to offset half the difference between ones made earlier this year and Coinbase’s closing share price last Friday, according to The Information’s report.One of the emails discussed plans to reduce spending on cloud services such as Amazon Web Services and Datadog, and also cutting gas fees on internal wallet transfers, according to the Information.

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