Celery cBridge launches xAsset V2 for omnidirectional cross-chain transfers on bridged tokens »CryptoNinjas

Celer, a blockchain interoperability protocol that provides user experience with one-click access to tokens, DeFi, GameFi, NFTs, management and more across multiple chains, announced today that a new version (V2) of xAsset has been released on cBridge. Tokens bridged in V2 can be transferred not only between one source chain and one of several supported destination chains, but can now move freely between any two supported chains without preconditions for pre-forged liquidity or any liquidity routing. The cBridge xAsset model is used to bridge a token from its source chain to a new chain in which the token does not

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Tesla CEO Elon Musk has “super bad feeling” about US economy – Biden responds – Bitcoin news

Tesla and Spacex CEO Elon Musk says he has a “super bad feeling” about the US economy. President Joe Biden responded with a list of big investments from large corporations and wished Men luck on their trip to the moon. Elon Musk’s bad feeling about the American economy Tesla CEO Elon Musk said he had a “super bad feeling” about the US economy in an e-mail to directors seen by Reuters. An email titled “pause all employment around the world” was sent two days after Musk told staff to return to work or leave. He also said he needs to

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Daily Pump & Dump June 2, 2022. Crypto Market Report: BTC, ETH, ICP

Daily Pump & Dump is a cryptocurrency update for the day of the week that gives you a concise overview of price movements related to Bitcoin, Ethereum and other trending altcoins. Today’s summary: Bitcoin is testing $ 30,000 again after rejection. Why is Ethereum lagging behind the rest of the cryptocurrency? ICP posts insane intraday meeting. Bitcoin is testing $ 30,000 again, can a key level be maintained? The price of bitcoin was severely rejected due to the resistance at $ 32,000, which returned the cryptocurrency to re-testing support at $ 30,000. The fall took BTCUSD to the middle every

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Proofi by LTO Network brings its KYC solution to DeFi and blockchains via Chainlink »CryptoNinjas

Dutch blockchain LTO networkannounced today that Proofi by LTO Network will make its identity data available to the multi-chain DeFi ecosystem through Chainlink, a leading blockchain oracle solution. Chainlink is an integral part of this process, as it will help make identity verifications on the LTO network available to the wider blockchain ecosystem. By enabling seamless KYC / AML identity verification for DeFi users, Proofi aims to make it easier for protocols and private companies to access new customers. Ultimately, this will allow DeFi projects to remain compliant with state regulations without the need to store user data on their

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Robert Kiyosaki from rich father, poor father, warns of stock and bond collapse – depression is coming, civil unrest – Bitcoin news

Well-known author of the best-selling book Rich Dad, Poor Father, Robert Kiyosaki, predicted that depression and civil unrest were coming. He also warned of the collapse of the stock and bond markets. Robert Kiyosaki on market crash, depression and civil unrest The author of Rich Dad, Poor Father, Robert Kiyosaki, has issued several warnings about the U.S. economy. Rich Dad, Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for more than six years. More than 32 million copies of the book have been sold in over

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The negative mood deepens in the crypto, because the recovery may not last

The negative mood in the crypto market has been on the rise in recent months. This comes after a market crash that led to the fall of the best coins such as Bitcoin and Ethereum to a one-year low. This has resulted in some of the lowest readings the Fear and Greed Index has published lately and this seems to be just beginning as the negative mood has now reached its annual low. Crypto market in extreme fear As with any declining market, investor sentiment has deteriorated. Indicators show that the market is now in extreme fear, which means that

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Tether’s USDt now lives on the Polygon network »CryptoNinjas

Tether, the company that manages it Stablecoin platform with blockchain enabledannounced that it has now launched the Tether token (USDt) on Polygon (formerly MATIC), a platform for scaling and developing the Ethereum blockchain. The addition of Tether to the Polygon ecosystem represents a milestone as it offers a new stable money option for more than 8,000 teams building on the Polygon. Tether mitigates the potential adverse effects associated with market instability by providing a stable currency for investors to generate returns and move online and offline. The polygon is a layer-2 scaling solution which runs on top of the Ethereum

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We are approaching a recession, but it is ‘actually a good thing’ – The Economics of Bitcoin News

Tesla CEO Elon Musk believes that the American economy is approaching recession, but he explained why it is “actually a good thing”. Musk estimated that the upcoming recession would last 12 to 18 months. Elon Musk discusses the American recession Tesla and Spacex CEO Elon Musk shared his thoughts on the U.S. economy and the upcoming recession in a series of tweets on Thursday. Asked if he was “approaching a recession”, he replied: “Yes”. However, Musk remarked, “this is actually a good thing.” The head of Tesla explained that “he has been pouring money on fools for too long”, emphasizing

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Cryptocurrency mining chipmaker Nvidia reports significant post-fall profits

U.S. chip development company Nvidia is witnessing a drop in shares due to falling CMP (Cryptocurrency Mining Process) sales. The company said its 52% drop in the first quarter of OAM and Others was due to lower CMP sales. Nvidia stated this, as explained in submission On Wednesday. In 2021, Nvidia recorded $ 24 million in returns from its CMP sources; this also recorded a discouraging decline of 77% over the previous year. Last January, the corporation introduced the CMP product to discourage cryptocurrency miners from storing existing mining devices like Ethereum’s famous GeForce RTX 3080 Ti. Related Reading |

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The crypto derivative platform BitCoke raised $ 20 million led by Huobi »CryptoNinjas

On May 12, BitCoke, a crypto spot and derivatives exchange, confirmed that it had successfully raised $ 20 million in a strategic private round in early 2022. The funds will be primarily used by the centralized stock exchange to design and develop key features that connect CEX with the decentralized stock exchange (DEX) characteristics. According to the official BitCoke blog, a financing agreement was reached with a group of investors led by the Huobi Exchange, and included others such as RedLine DAO, Krypital, LD Capital, AKG, VRM, Mint, WeBlock, 7 Clock, HTR, NFTGO , LTP, Scorpio, Eureka, Hotbit, JL Capital,

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