Cryptocurrency

For a successful launch, Ryan Barney, an investor at Pantera Capital, recommends founders “focus on the whales/VIPs” or emphasize selling to an exclusive, affluent clientele as opposed to trying to scale at the very start. In addition, Barney raised the example of the successful Blur airdrop and how a well-designed, marketed airdrop focused on optimizing user engagement within a protocol can boost traction.Continue Reading on Coin Telegraph More

The Spring Development Bank is named after the Spring Revolution, the opposition movement led by Myanmar’s exiled National Unity Government (NUG) against the ruling State Administration Council (SAC) — a military junta that seized control of the country in February 2021.Continue Reading on Coin Telegraph More

This feature offers an additional service for users hoping to enhance their experience within the ecosystem.By locking up their bitcoin or BRC-20 tokens, users receive BRC20-S tokens as rewards. The BRC20-S standard extends the prevalent bitcoin token standard, representing OKX’s approach in the digital currency sphere.Moreover, DeFi developers and projects have the opportunity to harness the BRC20-S protocol. They can establish staking pools and distribute BRC20-S tokens to the holders of bitcoin and BRC-20 tokens.OKX has also announced plans to unveil a marketplace dedicated to BRC20-S tokens. This platform could provide users with another interaction layer with these digital assets.This article was originally published on Crypto.news More

On July 19, People’s Bank of China governor Yi Gang told a conference in Singapore that its central bank digital currency transacted 1.8 trillion yuan as of the end of June.Continue Reading on Coin Telegraph More

In prepared testimony for a July 19 hearing of the Subcommittee on Financial Services and General Government with the U.S. Senate Appropriations Committee, Gensler said he supported the Biden administration’s request allocating more than $2.4 billion to the SEC for the 2024 fiscal year. The SEC chair cited the “Wild West of the crypto markets” that was “rife with noncompliance” as part of the reasons behind the budgetary request.Continue Reading on Coin Telegraph More

The BOK-Wire+ fast payment system will be upgraded to real-time gross settlement (RTGS) and has adopted the ISO 20022 standard, which is expected to be implemented in 2028, the report said. The bank will also increase oversight of “Big Tech” payment services and build up its capabilities to respond to “IT operational risk.”Continue Reading on Coin Telegraph More

There could be reason to believe that in the near term, the price of Bitcoin will tend to trade sideways or to the downside. This thesis can be based on three factors, with two of them involving technical analysis and the third involving fundamentals.Continue Reading on Coin Telegraph More

XR includes the blending of digital and physical settings to produce engaging experiences. The metaverse, on the other hand, is a virtual universe or interconnected network of virtual and augmented realities. It transcends the limitations of XR technology and spans a vast digital space where users can engage with a range of virtual communities and experiences.Continue Reading on Coin Telegraph More