Coinolly : Crypto News & Updation - Page 17 of 81

Bybit Takes the Lead in Strengthening Regulation with Groundbreaking Cyprus License

26Jun

By No Comments

Crypto

Bybit Takes the Lead in Strengthening Regulation with Groundbreaking Cyprus License

Bybit Takes the Lead in Strengthening Regulation with Groundbreaking Cyprus License Bybit has just got the CySEC license, which will enable it to offer crypto custody services online. Key Points Bybit has been granted a license to provide cryptocurrency exchange and custody services. This license will enable Bybit to resume offering its services in Canada after having to leave due to strict regulations. Bybit has also been facing several regulatory challenges. Bybit, a crypto exchange, has been granted a fresh license by the Cyprus Securities and Exchange Commission (CySEC), enabling it to function as a cryptocurrency exchange and offer custody services. &...

Green Cryptocurrency and Energy Grid Optimization: Balancing Demand and Supply

24Jun

By Alonzo CollinsNo Comments

Crypto, Cryptocurrency

Green Cryptocurrency and Energy Grid Optimization: Balancing Demand and Supply

Introduction Welcome to this informative article on Green Cryptocurrency and Energy Grid Optimization: Balancing Demand and Supply. In today's world, the intersection of green technologies and cryptocurrencies is gaining significant attention. As we strive to build a sustainable future, it is crucial to explore innovative solutions that can optimize energy grids while promoting environmentally friendly practices. This article will delve into the concept of green cryptocurrency, its potential impact on energy grid optimization, and how we can strike a balance between demand and supply. So let's dive in and explore this exciting realm! What is Green Cryptocurrency? Green cryptocurrency refers to digital currencies that operate on energy-efficient and environmentally friendly block...

How Bitcoin Short-Term Holders Rake in 82% of Profits on Exchanges?

23Jun

By No Comments

Crypto

How Bitcoin Short-Term Holders Rake in 82% of Profits on Exchanges?

How Bitcoin Short-Term Holders Rake in 82% of Profits on Exchanges? Glassnode’s data reveals that a majority of the profits sent to exchanges, specifically 82%, come from short-term Bitcoin holders. Highlighting Points Short-term Bitcoin holders contribute 82% of the total profits sent to exchanges, according to Glassnode’s data. Long-term holders only account for 17.5% of the total realized profit, significantly lower than short-term holders. The surge in Bitcoin prices has prompted investors to send $62.8 million in profits to exchanges. Bitcoin prices have been on the rise, pushing past the $30,000 mark and bringing relief to investors who had been waiting...

How a Russian Citizen Allegedly Funded Ukrainian Forces in the Shadows?

22Jun

By No Comments

Crypto

How a Russian Citizen Allegedly Funded Ukrainian Forces in the Shadows?

How a Russian Citizen Allegedly Funded Ukrainian Forces in the Shadows? Russian citizen found guilty and arrested for providing financial assistance to the Ukraine military force. Highlighting Points Russia citizens arrested for transferring crypto funds to the Ukraine military force. All the crypto funds that he transferred were his own personal funds. Millions of dollars in cryptocurrencies like bitcoin are being directed towards the Ukrainian army through donations. A resident of Russia’s Far Eastern Khabarovsk Region has been detained by the Federal Security Service on suspicion of funding Ukrainian forces through cryptocurrency transfers. The news was r...

Overcoming Currency Conversion Issues with Cryptocurrency in Cross-Border Payments

22Jun

By Alonzo CollinsNo Comments

Crypto

Overcoming Currency Conversion Issues with Cryptocurrency in Cross-Border Payments

Introduction Cross-border payments often involve complex currency conversion processes, which can lead to inefficiencies, delays, and additional costs. However, with the emergence of cryptocurrencies, there is a promising solution to overcome these currency conversion issues. In this article, we will explore how cryptocurrencies are revolutionizing cross-border payments by providing a seamless and cost-effective alternative for currency conversion. Understanding Currency Conversion in Cross-Border Payments Currency conversion is the process of exchanging one currency for another to facilitate international transactions. In cross-border payments, this conversion occurs when funds need to be transferred from one country to another, requiring the sender's currency to be converted into the ...

How to Earn Extra Income at Home with Cloud Mining

20Jun

By Alphonso Bernier1678 Comments

Crypto

How to Earn Extra Income at Home with Cloud Mining

Crypto cloud mining has now become an essential part of the cryptocurrency ecosystem. It allows anyone with an internet connection and a small investment to participate in the mining process and earn passive income in return. While there are a number of cloud mining platforms in existence today, the majority of them suffer from one issue or another. One platform that aims to change the way people access cloud mining, regardless of technical expertise or expensive hardware is Fancy Crypto. Introducing Fancy Crypto – The World Leading Hash rate Provider As a pioneering cloud mining company, Fancy Crypto has already carved out a reputation as being a trustworthy hash rate provider for over 360,000 users all over the world. It wants to provide access to large-scale industrial data centre...

Case Studies and Success Stories of Blockchain Implementation in Global Commerce

20Jun

By Alonzo CollinsNo Comments

Blockchain

Case Studies and Success Stories of Blockchain Implementation in Global Commerce

Blockchain technology has gained significant attention for its potential to transform various industries, including global commerce. With its inherent characteristics of transparency, security, and decentralization, blockchain offers unique solutions to the challenges faced in the global business landscape. In this article, we present compelling case studies and success stories that showcase the successful implementation of blockchain in global commerce. These real-world examples demonstrate how blockchain is revolutionizing supply chains, improving transparency, enhancing efficiency, and fostering trust among trading partners. Introduction Blockchain technology has emerged as a game-changer in global commerce, offering innovative solutions to long-standing challenges. Through decentrali...

Arbitrage Opportunities in Cryptocurrency Trading

9Jun

By Alonzo CollinsNo Comments

Cryptocurrency

Arbitrage Opportunities in Cryptocurrency Trading

Arbitrage, in the context of cryptocurrency trading, refers to the practice of buying a cryptocurrency on one exchange at a lower price and selling it on another exchange at a higher price, thereby profiting from the price difference. This strategy exploits temporary market inefficiencies and discrepancies in pricing, allowing traders to make a profit without taking on significant market risk. Arbitrage opportunities can arise due to variations in supply and demand, regional differences, trading volume, and exchange-specific factors. Types of Arbitrage in Cryptocurrency Trading Exchange Arbitrage Exchange arbitrage involves exploiting price differences between different cryptocurrency exchanges. Traders can take advantage of variations in buying and selling prices across exchanges, buyi...

Decentralized Governance: Empowering DeFi Potential

6Jun

By Alonzo CollinsNo Comments

DEFI

Decentralized Governance: Empowering DeFi Potential

In the rapidly evolving landscape of the financial world, decentralized finance (DeFi) has emerged as a revolutionary concept. DeFi refers to the use of blockchain technology and smart contracts to build financial applications that eliminate intermediaries and provide greater financial inclusivity. However, the true potential of DeFi can only be realized through effective decentralized governance. This article delves into the importance of decentralized governance in empowering the potential of DeFi. Decentralized Governance Principles of Decentralized Governance Decentralized governance revolves around the idea of community-driven decision-making. It enables participants within a network to have a say in the direction, development, and decision-making processes of a DeFi project. Some ...

DEGA Revolutionizes Fundraising with their Gamified Multichain Initial Stakepool Offering

5Jun

By Alphonso Bernier1987 Comments

Press Release

DEGA Revolutionizes Fundraising with their Gamified Multichain Initial Stakepool Offering

In a unique partnership with MELD, Cornucopias, and soon-to-be-revealed major players in the blockchain industry, DEGA has announced their Gamified Multichain Initial Stakepool Offering (ISPO). Traditionally a Cardano-based fundraising technology, DEGA has extended this unique, reduced risk method for fundraising to Ethereum, Polkadot, and Polygon. DEGA will first deploy multichain ISPO technology to fund their own operations, then offer ISPOs as a fundraising method for those building games and metaverse projects on their infrastructure. DEGA is launching its multichain ISPO on MONDAY, JUNE 19th. During the DEGA ISPO, participants will be able to stake ADA, ETH, DOT, or MATIC and be rewarded in DEGA’s token, a deflationary utility token. One core use case for the DEGA token ...