Bitcoin News

Award-Winning Projects of the $1,000,000 KCC Unicorn Contest

[ad_1] Advertisment Singapore, May 28, 2022——KCC (KuCoin Community Chain) announces that the KCC Unicorn Contest has ended with 14 projects winning an incentive prize pool around $1,000,000, including KCC prize and additional rewards provided by jury. The Unicorn Contest is KCC’s first on-chain incentive event in 2022, which is the initial stage of KCC’s $5,000,000 Ecosystem Accelerator Program. It aims to discover and support KCC’s elite projects from multiple streams
Bitcoin News

Blockchain Economy Istanbul Makes Grand Impact with the Top Names

[ad_1] Advertisment The World’s Top Blockchain Event To Have On Your Radar is approaching! After 2 years of Covid-19 pandemic, Blockchain Economy Summit is again back in Istanbul on July 27-28, 2022 in one of Istanbul’s most prominent and renowned venues: Hilton Istanbul Bomonti Hotel. The summit’s 2-nd Turkey edition was the last major blockchain conference held in Turkey before pandemic, and now Summit’s 4-th edition will be the first
Bitcoin News

NFT Crowdfunding & Fractionalization Protocol Confti Launched

[ad_1] Advertisment May 24, 2022– Marks the official launch of Confti, the NFT crowdfunding and fractionalization protocol. On Confti, users can start crowdfunding Parties to buy scarce and valuable NFTs together, get NFT Parts, and have partial ownership rights like price governance or dividends. The platform supports division (fractionalization) of users’ NFTs into tradeable ERC-20 or ERC-1155 tokens. The protocol allows any individual or organization to buy or auction NFTs
Bitcoin News

Crypto.com Pay now available for Shopify merchants

[ad_1] Advertisment On its way to mass adoption, crypto exchange from Asia’s Lion City Crypto.com is leaving no stone unturned. As of now, the in-house crypto payment service is to be available for Shopify merchants. The Singapore-based crypto exchange announced in a blog post that Shopify merchants can now integrate its in-house payment service, Crypto.com Pay, into their online store. This will allow all participating merchants to accept payments in
Bitcoin News

Terra (LUNA): Legal team leaves the company

[ad_1] Advertisment The Terra debacle could also have legal consequences for company leader Do Kwon. Kwon can no longer expect any support from Terraform’s legal team, which is resigning. Three leaders on the legal team at Terraform Labs, the blockchain developer behind Terra (LUNA), are stepping down from their posts. A look at their LinkedIn profiles shows this. The background is likely to be the ongoing chaos surrounding the Terra
Bitcoin News

Terra community opposes a hard fork of the blockchain

[ad_1] Advertisment Terra co-founder Do Kwon wants to push the reset button for the blockchain with a hard fork. However, a veto against the rescue plan is emerging among the majority. With 92 percent voting against, a clear majority of the Terra community is emerging against Do Kwon’s plan.The Terra co-founder had put a rescue plan for the ecosystem to a vote on May 16.The “Revival Plan 2” envisions a
Bitcoin News

Why China is still a bitcoin mining power

[ad_1] Advertisment Actually, mining in China has been illegal for a year. But the Middle Kingdom still accounts for a large part of the global Bitcoin hashrate. Why is that? The mining ban in China almost a year ago marked a turning point for the crypto space. Suddenly, the mining of cryptocurrencies such as Bitcoin or Ethereum was illegal and mining operations were, so to speak, outlawed. The restrictive course
Bitcoin News

EU leaders disagree on crypto space regulation

[ad_1] Advertisment While the Bitcoin market was on a downward slide, discussions about crypto rules continued. There are newsworthy reports from Germany, India and the EU. EU leaders debate crypto rules The struggle for the European crypto regulatory framework MiCA (Markets in Crypto Assets) continues. Two months ago, the EU Parliament presented a draft that is now being debated in a trilogue with the Council and the Commission. The parliamentary
Bitcoin News

How to explain Bitcoin so that even your grandma understands it

[ad_1] Advertisment You’re the absolute bitcoin boss, but you have a hard time explaining cryptocurrencies to your friends and family? Here’s a version that even your grandmother will understand. The Bitcoin price is currently in a downward spiral. Nevertheless, many people are probably asking themselves whether it is worth buying in at a low price. After all, the classic stock jargon also says “buy low, sell high”. However, investing in
Bitcoin News

Don’t Read Too Much Into the Crypto Fear and Greed Index

[ad_1] Reading Time: 2 minutes The Crypto Fear and Greed Index has become a commonly referenced tool in the crypto world The index can indicate when sentiment is strongly in one direction, indicating a reversal Some traders are now using it as a sign that a reversal is imminent The Crypto Fear and Greed Index has become one of the many barometers of market direction that traders and investors look