Category Archive : News

Top ten smart contract platforms by staking market cap as of … – Finbold – Finance in Bold

Top ten smart contract platforms by staking market cap as of …  Finbold – Finance in Bold

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Rivalry Between Dogecoin and Shiba Inu Escalates as Big Eyes Coin Surpass $21M in Presale | Bitcoinist.com – Bitcoinist

Rivalry Between Dogecoin and Shiba Inu Escalates as Big Eyes Coin Surpass $21M in Presale | Bitcoinist.com  Bitcoinist
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Police bust Belarusian man in Phuket for allegedly stealing cash … – Thaiger

Police bust Belarusian man in Phuket for allegedly stealing cash …  Thaiger
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Mastercard NFT Product Lead Quits, Says He Felt Neglected – Coinspeaker

Mastercard NFT Product Lead Quits, Says He Felt Neglected  Coinspeaker

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Crypto Wallet Market is Experience an Immense Growth in Near … – Digital Journal

Crypto Wallet Market is Experience an Immense Growth in Near …  Digital Journal
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eBay Opens Multiple NFT Roles amid Its Expansion into Web3 Space

With the current open NFT-related roles, it is clear that eBay will further explore the Web3 space.

While tech companies are struggling and laying off employees to cut spending, e-commerce giant eBay Inc is hiring. Recently, eBay has opened a list of positions for roles related to the non-fungible token (NFT) technology and Web3 space. The initiative reflects eBay’s focus on KnownOrigin.io, an Ethereum-powered digital art marketplace acquired by eBay back in June 2022.

Among the roles are Crypto Counsel, Tech Lead, Content Designer, Marketing Campaign Executive, Artist Liaison Manager, Senior Product Designer, Senior Engineer, and Head of Community.

Commenting on the openings, eBay said:

“KnownOrigin.io is an early Web3 pioneer, an NFT marketplace empowering a new generation of digital artists to express themselves, find an audience and earn a living from their passion. And they’re looking for like-minded enthusiasts to join them in their venture!”

Read more at www.coinspeaker.com

Egyptian Lawmakers Hail Parliament’s Endorsement of Pact to Join BRICS Bank – Economics Bitcoin News

Egyptian lawmakers recently hailed the parliament’s endorsement of a pact that allows the country to join the New Development Bank, a report has said. According to the report, the lawmakers believe joining this BRICS-backed institution will help Egypt reduce its demand for dollars and enable it to preserve its forex reserves.

Joining BRICS

Following the Egyptian parliament’s recent endorsement of an agreement that paves the way for the country to join the New Development Bank, lawmaker Mohamed Abdel-Hamid, reportedly said the move helps reduce demand for U.S. dollars. Set up by Brazil, Russia, India, China and South Africa or BRICS nation states, the New Development Bank seeks to support “public or private projects through loans, guarantees, equity participation and other financial instruments.”

In addition to helping Egypt preserve its foreign currency reserves, Abdel-Hamid, who is the deputy chairman of the parliament’s economic committee, said joining the institution enables the country to get the bank’s support in areas such as health, infrastructure and telecommunications.

“Egypt’s joining of the BRICS group’s New Development Bank will also relieve the state budget of the pressure of finding U.S. dollars to meet the country’s imports as members of the bank can use their national currencies in exchange for trade,” the lawmaker reportedly said.

According to an Economic Times report, Egypt, which recently secured a bailout package from the International Monetary Fund (IMF), has become the third country to express interest in joining the group of five leading emerging economies known as BRICS.

Diminishing the Dollar’s Dominance

Meanwhile, Abdel-Hamid’s sentiments about Egypt’s prospects once it joins BRICS were also echoed by another lawmaker Mervat Mattar. In her remarks following the endorsement of the pact, Mattar characterized BRICS as an institution that will help also diminish the dollar’s domination.

“The BRICS group is an important forum that can steer the course of the international economy away from American domination and the U.S. dollar,” Mattar reportedly said.

To support her argument, Mattar reportedly pointed to the war in Ukraine and the impact of this on Egypt’s import bill.

Meanwhile, another lawmaker, Ahmed El-Awadi, head of parliament’s defense and national security committee, said the move will create new markets for Egypt’s agricultural and industrial products.

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Why did Bitcoin price go down today? BTC traders brace for $23K retest – Cointelegraph

Why did Bitcoin price go down today? BTC traders brace for $23K retest  Cointelegraph

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Ray Dalio says Bitcoin is not the answer, the community responds

While billionaire Ray Dalio believes that fiat is in jeopardy, he also thinks that neither Bitcoin (BTC) nor stablecoins are the answer. In response, crypto community members took to Twitter to express their opinion on the topic. 

In a recent interview on CNBC’s Squawk, Dalio shared his takes on Bitcoin being a potential solution to the problems with fiat currency. The billionaire argued that it would not be effective as a store holder of wealth and a medium of exchange. Dalio also highlighted that stablecoins are also a replica of state-backed currencies and would also not be an effective form of money.

Bitcoiners were quick to respond to the interview, commenting that what Dalio has described as what money should be is already in Bitcoin. A community member tweeted:

A community member’s thoughts on the topic. Source: Twitter

In addition, a Twitter user cited various inherent features of Bitcoin and pointed out that it’s the solution Dalio is looking for. According to the community member, Bitcoin’s censorship resistance, neutrality, openness, limited supply and freedom from control make it the answer to the monetary problem that Dalio described. 

Meanwhile, another Bitcoin…

Read more at cointelegraph.com

BlockJoy Secures $11M From Gradient Ventures, Draper Dragon to Launch Decentralized Blockchain Operations

[PRESS RELEASE – Boston, MA, 2nd February 2023]

Helium co-founder and early founding team member launch a whitelabel blockchain nodes-as-a-service startup to reduce operating costs by up to 80 percent for enterprises running nodes for Staking and APIs as a service.

BlockJoy is building the Web3 version of AWS on decentralized infrastructure, while still providing a cloud-like experience.

The company’s patented technology offers customers a straightforward point-and-click user interface (UI) to run blockchains on any infrastructure.

BlockJoy, the company providing a whitelabel blockchain nodes-as-a-service for node hosting enterprises, today announced the successful close of nearly $11 million in combined Seed + Series A funding from Gradient Ventures, Draper Dragon, Dragon Roark, Active Capital, Borderless HNT, and Renegade Ventures, among others. The funding will be used to support the launch of BlockVisor, the company’s patented node management software, which is now open for beta sign-ups. BlockJoy enables customers to deploy and run decentralized blockchain nodes on any infrastructure while maintaining a cloud-like experience at up to 80 percent cost reduction from traditional cloud providers.

Created to combat the lack of decentralized infrastructure suitable for blockchains, BlockJoy provides a node management solution that is two to three times less expensive than traditional cloud providers. Enterprises can deploy and manage blockchains, nodes, validators and ETLs (extract, transform, load) with a click of a button, anywhere in the world.

BlockJoy began as a staking service side project for CEO Chris Bruce and CTO Sean Carey’s friends and families. However, the venture quickly took off once the founders began leveraging their platform to run nodes for businesses. Prior to founding BlockJoy, Bruce was on the founding team of four venture-backed companies with two exits, including Lumeo, Diversion, Sproutling (acquired by Mattel),…

Read more at cryptopotato.com

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