The price of One-inch (1INCH) has shown some great strength in recent times against tether (USDT) as the price gears up for a rally to the $1.3 mark. Bitcoin’s (BTC) price has shown a little strength bouncing off from key support, leading to most crypto assets popping out from their shell, with the price of One-inch (1INCH), not an exception. (Data from Binance) One-inch (1INCH) Price Analysis On The Weekly Chart The price of 1INCH has recently shown a measure of strength, bouncing off from a low of $0.5 to…
Day: September 2, 2022
Gaming makes up over half of blockchain industry usage, DappRadar
New data from DappRadar suggests that gaming remains a vital organ to the blockchain industry. According to the report, the gaming sector accounts for approximately 50.51% of industry usage month-over-month (MoM), as per August numbers. While overall the numbers are a good indicator for the sector, it is a decrease from the previous month. Last month the gaming sector made up approximately 57.30% of industry usage (MoM). The data from DappRadar comes from the daily Unique Active Wallets (UAW). According to the surveyor, there are around 847,230 gaming-related UAW active…
How Coinbase Protects Users From Risky Assets | by Coinbase | Sep, 2022
By Dan Kim — Vice President, Ecosystem and Listings Tl;dr: Coinbase reviews thousands of crypto tokens; around 90% never get considered for listing as they do not meet our strict requirements for protection against scams like “pump-and-dumps” and “rug pulls.” Our proprietary threat detection software has identified and blocked over 700 tokens with malicious software that can harm Coinbase users. We also conduct in-depth research on project teams to ensure they don’t have a record of engaging in questionable business practices. In order to get the next 100 million people…
MiCA coming in hot in October, NFTs not in focus: EU regulators
Members of the Germany-based Bundesblock, otherwise known as the German Blockchain Association, updated the community on the upcoming Markets in Crypto-Assets (MiCA) regulations in a virtual panel held on Thursday, Sep. 1. According to the panel, the final legal text for the long-awaited regulations is set to be released in the upcoming 4-6 weeks. However, nonfungible tokens (NFTs) and stablecoins are still not covered, while crypto asset service providers (CASPs) are discussed in scope. @bundesblock panel discussion of #MiCAR with @DrStefanBerger, @SchildtMoritz, @paddi_hansen, moderated by Alireza Siadat. Key take aways: final…
Former Binance Labs Head Bill Qian Joins Cypher Capital as Chairman
Dubai-based cryptocurrency investment firm Cypher Capital has hired former Binance Labs head, Bill Qian, as its chairman, according to a report from The Information. Cypher Capital is a UAE-based venture capital firm that primarily focuses on investing in Token, blockchain and digital asset-related projects. Qian will oversee the management and operations of Cypher Capital as chairman. Bill Qian said: “Cypher Capital is primarily focused on investing in cryptocurrencies, which are popular among founders of blockchain startups because they give investors ownership of the technology without diluting the founder’s equity. There…