DeCenter – Blockchain and Bitcoin

2022-01-10 13:55:06 Neobank N26 is planning to launch a crypto trading business this year. Open / Comment

2022-01-10 10:50:02 Now new users can get 5-50 USDT on Bybit, Just need you to join the group Bybit Global Communication (EN) to follow up the steps complete registration :) ONLY will take 5 mins, see more details in the group to get USDT!

Bybit： Established in March 2018, Bybit is one of the fastest-growing cryptocurrency exchanges, with more than 3 million registered users. Come and join us!! Open / Comment

2022-01-10 08:02:01 Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs?

Within months after its launch in April 2021, Bored Ape Yacht Club (BAYC) has become one of the main reasons Wall Street should take the emerging nonfungible token (NFT) market seriously, thanks to its recent sales turnover of over $1 billion.

For the uninitiated, BAYC is a collection of 10,000 cartoons of anthropomorphic apes with stylish clothes and disreputable expressions. Each ape is practically an image file that should be worthless in a sane world. Nonetheless, they have been managing to fetch astonishing sums, sometimes from some of the world's most renowned celebrities.

For instance, Jimmy Fallon, a popular American TV host, bought the image of a Bored Ape that wore a striped T-shirt and heart-shaped shades for almost $220,000 in November last year. And very recently, Academy Award-winning rapper Eminem paid nearly $462,000 for an ape that somewhat resembled him.

Meanwhile, one of the rarest Bored Apes, which had a gold fur trait, fetched $3.4 million in an online auction held by Sotheby's in October, breaking the record of another rare ape with laser eyes, which was sold to the Sandbox for $2.9 million a month before.

As stated, BAYC's net sales recently crossed the $1-billion-mark, almost 10% of what Apple earned in 2021. Meanwhile, the NFT sector, on the whole, processed sales worth $41 billion, which came to be almost equal to the global art sales in the year, data from Chainalysis showed

Matt Hougan, the chief investment officer of Bitwise Asset Management, admitted that many of their clients had been looking for exposure in the NFT space without needing to crisscross through its daunting technology.

In response, Bitwise launched a dedicated fund last mont, which tracks its own Bitwise Blue-Chip NFT Collections Index — a basket of the ten largest NFT collections weighted by market capitalization — and buys and holds artworks from BAYC, CryptoPunks, and other NFT projects.

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2022-01-10 02:46:29 PayPal reportedly confirms plans to explore the launch of a stablecoin

American fintech giant PayPal Holdings has reportedly confirmed its intent to launch its own stablecoin named PayPal Coin. The development of an in-house stablecoin was first discovered in the source code of Paypal’s iPhone app by developer Steve Moser.

Confirming the evidence found on the PayPal app, Jose Fernandez da Ponte, PayPal’s senior vice president of crypto and digital currencies, told Bloomberg News: “We are exploring a stablecoin; if and when we seek to move forward, we will of course, work closely with relevant regulators.”

Moser’s finding uncovered that PayPal is in the works of building PayPal Coin, which will be backed by the United States dollar. However, a PayPal spokesperson clarified that the source codes of the iPhone application were developed in a recent hackathon.

While PayPal’s digital asset is in the making, the name, logo and features of the in-house token are subject to change prior to launch. Supporting the ongoing development, PayPal has previously launched new features that allow users to buy, hold and pay with digital coins.

In addition to launching its own stablecoin, PayPal has also taken proactive measures to spread crypto-related services in jurisdictions out of the United States.

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2022-01-09 12:50:01 Now new users can get 5-50 USDT on Bybit, Just need you to join the group Bybit Global Communication (EN) to follow up the steps complete registration :) ONLY will take 5 mins, see more details in the group to get USDT!

Bybit： Established in March 2018, Bybit is one of the fastest-growing cryptocurrency exchanges, with more than 3 million registered users. Come and join us!! Open / Comment

2022-01-09 09:10:01 Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%

On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in fuel prices. As a result, the country's presiding cabinet resigned, but not before the state-owned Kazakhtelecom shut down the nation's internet, causing network activity to plunge to 2% of daily heights.

The move dealt a severe blow to Bitcoin mining activity in the country. As per data compiled by YCharts.com, the Bitcoin network's overall hash rate declined 13.4% in the hours after the shutdown from about 205,000 petahash per second (PH/s) to 177,330 PH/s. The country accounts for 18% of the Bitcoin network's hash activity.

Just days prior, the Kazakh government removed price caps on liquefied petroleum gas used for car fuel to align with market conditions, which doubled its price overnight, sparking violent protests. At the time of publication, the internet remains inaccessible in Kazakhstan. If extended, the consequences could be severe as internet services aside, the Data Center Industry & Blockchain Association of Kazakhstan expects the country to generate $1.5 billion from legal cryptocurrency mining (and another $1.5 billion in illicit) activities over the next five years.

The country's low energy prices have attracted both domestic and foreign entities to set up shop for Bitcoin mining. According to Global Petrol Prices, electricity in Kazakhstan costs on average just $0.055 per kWh for businesses, a fraction of the $0.12 per kWh paid by U.S. businesses.

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2022-01-08 21:59:01 PayPal Says It Is 'Exploring a Stablecoin' After Dev Discovers It in Code

For years, cryptocurrency has been hailed as a technology that would supplant centralized payment services because it could make transactions cheaper and cut out the financial intermediary.

But more and more, those legacy services are looking to incorporate crypto into their toolkits.

Today, PayPal confirmed that it is working on its own stablecoin after a developer discovered language about a "PayPal Coin" within its iPhone app. Bloomberg was the first to report the news.

PayPal told Bloomberg the code was part of a hackathon and wouldn't necessarily be representative of the final version.

"We are exploring a stablecoin," Senior VP of Crypto and Digital Currencies Jose Fernandez da Ponte told Bloomberg. "If and when we seek to move forward, we will of course, work closely with relevant regulators."

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2022-01-05 10:50:05 Join our group Bybit Global Activities to get 10 USDT !

See more details in the group! complete registration ONLY will just take 5 mins to get USDT

Bybit：Established in March 2018, Bybit is one of the fastest growing cryptocurrency exchanges, with more than 3 million registered users.

Welcome to join!!

Referral Roll — Invite Friends & Team Up for 1 BTC, 22,000 USDT in Prizes & More Open / Comment

2022-01-01 08:50:09 Join our group Bybit Global Activities to get 10 USDT !

See more details in the group! complete registration ONLY will just take 5 mins to get USDT

Bybit：Established in March 2018, Bybit is one of the fastest growing cryptocurrency exchanges, with more than 3 million registered users. Welcome to join us!!

Referral Roll — Invite Friends & Team Up for 1 BTC, 22,000 USDT in Prizes & More Open / Comment

2021-12-31 16:05:01 We’re having two events for new users only for our group members!

1. Join our group and open Bybit home page (*must go with the link: https://cutt.ly/fUvBL54 ) Complete the registration ,open the link How to get the rewards(10$) on Bybit? (new users only)
( https://forms.gle/PCsz2RBA4JKMHAop8/ ) to write down your informations on have the chance to get $10 USDT

2.After the registration, if you finish the trade through ByFi, and open How to get the rewards when you finished the trade through ByFi?(new users only) ( https://forms.gle/fBDfMAkgyN8YbzRk7 ) to write down your informations to get $ 30-50 USDT
*The minimum transaction amount should exceed 100USDT, must go with the link: https://cutt.ly/qUvBXSU )

The reward of this event will not be automatically sent to your account, you need submit the document to write down your information, after we checked, the reward will be given within two working days.thank you Open / Comment