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2024-05-01

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Last week, real-world asset project Backed issued a tokenized security product on Base which tracks a short-term iShares U.S. treasury bond ETF.9 factors to consider when choosing a blockchain consensus mechanism Bitcoin price failed to gain pace above the $27,800 resistance. BTC reacted to the downside amid rising Israel-Hamas tensions. There were more than 1200 deaths reported already by Israel. Buy cryptocurrency with credit cardThere have been multiple initiatives aimed at decentralizing pools power, with various companies collaborating to allocate time, resources, and capital to the development of StratumV2 as one such effort, deriving from Matt Corallo’s Betterhash proposal. But while switching costs are low, a world in which drivechains require multiple, constant adjudications where the sub-miners in the pool choose to vote differently from the pool operators decision would significantly increase operational complexity. Bitcoin maximalist Max Keiser has commented on the recent closure of the DeFi platform ThorSwap, which was initiated after the FTX hacker made an attempt to convert the stolen ETH through it.

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If the prediction proves true, then Bitcoin could return to $20,000 or drop to the current cycle minimum of $15,000. Image Source: PixabayA rapidly growing decentralized Twitter competitor, Nostr, is collaborating with Zebedee to design a new social media. This move would enable interoperability between Zebedee's ZBD app and Nostr apps. Zebedee is a New Jersey-based video game payment platform with over one million Bitcoin wallets, supported by a $46.5 million VC fund. Nostr protocol’s innovation allows users to send each other small tips tagged zaps (tiny fragments of bitcoin) instead of the traditional social media content “likes.”Introducing Zebedee’s Nostr-powered Innovative Decentralized Social App The latest partnership allowed Zebedee to move its ZBD application to Nostr, enabling users to seamlessly move from the app to other apps available on Nostr. The new development introduces a different concept from the conventional social media nitty-gritty. Unlike the conventional social media networks that control user identities, ZBD integration with the open-source Nostr protocol underscores decentralization. It could also increase ZBD app adoption since it potentially allows 18 million registered Nostr users to join the app.In a statement, Andre Neves, CTO and co-founder of Zebedee, said: "The ZBD app is now a Nostr client with full capabilities.”According to reports, Twitter’s estimated value has reduced since Elon Musk acquired it for $44 billion in October 2022. As a Twitter competitor, Nostr's ability to allow users to send Bitcoin from one social app to another, including their identities and followers, gives it a competitive edge. As such, Nostra could be at the center of attraction for unsatisfied Twitter users. "Zaps are inherently part of the social experience here. So individuals can support their content creators," added Neves. “It's no longer just an influencer's game. You can support and receive support from anyone, anywhere, because this is the Nostr protocol. It works across other apps as well as Zebedee,” he saidZBD App Already Gaining Traction Zebedee started in 2019 as a platform that helps video game developers pay small amounts of Bitcoin to their users. The firm has 70 employees with 220 developers who build apps that support Bitcoin transactions using the Lightning Network.Among the early ZBD users are music streaming service provider Wavlake, Podcasting platform Fountain, and soon-to-launch music streaming app, Gesso. Notably, Gesso will allow its followers to earn Bitcoin by listening to music and podcasts. The new ZBD social app is already gaining traction among top industry players, including Fumb Games. Paul West, CEO of Fumb Games, a UK-based gaming company with 100,000 Discord followers, commented on the development. West said building with ZBD will pay off since his company can take any followers he gets on the app to competitors in the future. It is worth noting that Fumb Games partnered with Zebedee in April 2022 to add real Bitcoin rewards to its Bitcoin Miner game.Fitness App Sweat Economy to Decide Fate of 2.5 Billion Abandoned Tokens How many Bitcoins are left?But those big-name legends have an easier path to post-career prominence and continued success. There are thousands more players who find themselves on the other side of a pro football career without a plum gig, who may need the assistance of the organization—and it believes that NFTs can help those players benefit from their legacy. Specifically, margin trading increases trading results by giving more capital to traders. This is why margin trading is mostly applicable to low-volatile markets and is practiced in forex, stock, and commodity markets too.

Historical data from Santiment shows how Ethereum’s price sank by 14% barely a week after the foundation made a significant outflow on May 6. This process aims to consolidate liquidity, reduce slippage and ultimately offer better trading prices to users. As a result, the following liquidity pools will be removed effective 17-10-2023 07:00: How to get a crypto license in Dubai, UAE?Unity’s board is actively searching for a permanent replacement to fill Riccitiello’s positions. Riccitiello became a Unity board member a decade ago back in 2013 and became its CEO in 2014. He previously served as CEO, COO, and president of prominent video game publisher Electronic Arts. All of which is to say, Web3 builders are listening to both regulators and end users and developing more nuanced solutions that cater to both ends of the spectrum. There is no doubt that the industry as a whole currently does not live up to the expectations of either side.

A conservative approach may dissuade innovative fintech firms from entering the Hong Kong market. This could impede the city's capacity to be at the cutting edge of blockchain and cryptocurrency innovation. *This is not investment advice.Why the Israel-Gaza War Makes Bitcoin a Good Bet Exegy's Metro Platform Expands with Deribit Crypto Options Exchange IntegrationRenowned decentralized finance (DeFi) company Ankr sat down with Crypto Daily to give us a breakdown of its revolutionary Liquid Staking feature and to discuss retaking on the EigenLayer. Finality provides a high level of security and trust in the system, which makes sure that once a transaction is confirmed, it cannot be changed or reversed. By verifying that the transaction is legitimate and logged on the blockchain, finality prevents the issue of double spending, which is where the same digital asset can be used more than once.

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