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THE PAKISTANI CRYPTO SCENE

THE PAKISTANI CRYPTO SCENE

26/07/2021 - 08:22:06

While the global craze surrounding crypto assets seems to have taken a break amid the bearish spell (to put it mildly), it wasn’t long ago these currencies were churning out unbelievable returns. In fact, Bitcoin doubled to over $58,000 by April 10 from its early January values, making it one of the most impressive bull runs. Of course, it was still no match for the “25 din me paisa double” Lakshmi Chit Fund, but not too bad either, right? But like Raju, Sham and Babu Bhaiyya, the fortunes of many investors turned sour as the selling started.

MAZON SET TO ACCEPT BITCOINS, DEVELOP CRYPTO STRATEGY

MAZON SET TO ACCEPT BITCOINS, DEVELOP CRYPTO STRATEGY

26/07/2021 - 08:20:12

While there are big companies that do accept cryptocurrencies as payments, Amazon is not one of them, perhaps because of its unpredictable volatility. Yet the company is about to change its attitude towards cryptocurrencies and even plans to develop a special cryptocurrency and blockchain strategy.

BITCOIN TOPS $39,000 FOR THE FIRST TIME IN NEARLY 6 WEEKS, ADDING $114 BILLION TO THE CRYPTO MARKET

BITCOIN TOPS $39,000 FOR THE FIRST TIME IN NEARLY 6 WEEKS, ADDING $114 BILLION TO THE CRYPTO MARKET

26/07/2021 - 08:17:48

Bitcoin surged Sunday evening topping $39,000 for the first time since mid-June as sentiment turned bullish following a recent sell-off. The cryptocurrency was trading at around $38,059.84 at 11:05 p.m. ET, according to CoinDesk data, up nearly 11% from the same time 24-hours prior. Bitcoin had previously hit a 24-hour high of $39,544.29, the highest level since June 16.

WHAT IS A BLOCKCHAIN GAME? HOW WELL DO YOU KNOW ABOUT IT?

25/07/2021 - 17:36:14

Let’s crack some basic definitions of blockchain game

13% OF AMERICANS TRADED CRYPTO IN THE PAST YEAR, SURVEY FINDS

13% OF AMERICANS TRADED CRYPTO IN THE PAST YEAR, SURVEY FINDS

24/07/2021 - 07:24:25

More than 1 in 10 Americans invested in cryptocurrency over the past year, according to a survey published by the University of Chicago, a sign of the popularity of digital currencies like bitcoin and ethereum.

AMAZON INTEREST IN CRYPTO INCREASING WITH NEW JOB POSTING

AMAZON INTEREST IN CRYPTO INCREASING WITH NEW JOB POSTING

24/07/2021 - 07:21:48

A recent job posting by Amazon seeking a digital currency and blockchain expert for its payments team means the company could be moving closer to allowing users to pay for their purchases with bitcoin and other cryptocurrencies. The Amazon job posting seeks an “experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap.” The new hire will join Amazon’s payments acceptance and experience team.

THIS DEFI PLATFORM ALLOWS NFTS TO BE USED AS COLLATERAL FOR LOANS

THIS DEFI PLATFORM ALLOWS NFTS TO BE USED AS COLLATERAL FOR LOANS

24/07/2021 - 07:20:07

This DeFi platform is planning to accept NFTs as collateral — allowing borrowers to unlock liquidity from their crypto collectibles. A DeFi platform has launched a lending and borrowing network that allows nonfungible tokens to be used as collateral. ETNA Network says it is developing a suite of products that are designed to work in an interconnected manner — creating a tangible use case for NFTs in the process.

A GUIDE TO BLOCKCHAIN AND GAMING

A GUIDE TO BLOCKCHAIN AND GAMING

23/07/2021 - 08:13:21

Even if you do not own any tokens, you’ve probably heard of Bitcoin, cryptocurrency, blockchain, and other crypto-related terms. And if you are a gamer, you’ve probably seen that the blockchain is starting to revolutionise the gaming industry, with new opportunities like decentralised exchanges, fast, secure, transparent transactions, and NFTs.

ETHEREUM PRICE RISES AFTER ELON MUSK CONFIRMS HE OWNS THE CRYPTOCURRENCY

ETHEREUM PRICE RISES AFTER ELON MUSK CONFIRMS HE OWNS THE CRYPTOCURRENCY

23/07/2021 - 08:10:39

The price of ethereum rose Wednesday afternoon after Tesla and SpaceX CEO Elon Musk said he owns the cryptocurrency at The B Word conference, an event hosted by the Crypto Council for Innovation. Ethereum, which was already rallying on the day, touched its high of the session after Musk’s mention. It was last up more than 12% and near the highs of the day.

JACK DORSEY HOPES BITCOIN WILL HELP BRING ABOUT WORD PEACE

JACK DORSEY HOPES BITCOIN WILL HELP BRING ABOUT WORD PEACE

23/07/2021 - 08:08:41

Square CEO Jack Dorsey has high hopes for digital assets and aspiring currency bitcoin. “My hope is that it creates world peace or helps create world peace,” Dorsey said during a “The B Word” webinar on Wednesday.