Decentralization | Crypto Profit Bot

A decentralized app store might lead crypto toward more centralization

July 17, 2021

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The estimated windfall Apple got from its App Store in 2020 is $67 billion. That’s up from $50 billion in 2019, a 28% increase. Even as the company has lowered its commissions for smaller developers, the App Store remains a major component of Apple’s bottom-line profits. And it’s not just Apple taking a cut of […]

Ether already ‘flippening’ Bitcoin, says Celsius CEO

July 6, 2021

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Celsius Network CEO Alex Mashinsky suggested that Ether has already started “flippening” Bitcoin in U.S. dollar terms. 220 Total views 1 Total shares Bitcoin (BTC), the largest cryptocurrency by market capitalization, has already started losing its market dominance to Ether (ETH), according to Celsius Network CEO Alex Mashinsky. In a Monday interview with Kitco News, […]

Cryptocurrency and the rise of the user-generated brand

July 3, 2021

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In the whirl of excitement and debate over where cryptocurrencies are going and whether they are legitimate, sustainable and prudent investments, there is an overshadowed conversation of interest to those in marketing: Are Bitcoin (BTC), Ether (ETH), Cardano’s ADA, Litecoin (LTC), XRP, Dogecoin (DOGE), etc., crypto brands? And, if so, how are those brands created, […]

Former LA Dodgers owner earmarks $100M for blockchain-based social media

June 21, 2021

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The use of blockchain could discourage bad behavior because people would be tied to their posts forever, Frank McCourt said. 554 Total views 4 Total shares Frank McCourt, a billionaire real estate mogul and former owner of the Los Angeles Dodgers, is backing a new effort for a decentralized social media project based on blockchain […]

How the NFT market leveraged blockchain tech for explosive growth

June 13, 2021

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It’s fun to talk about nonfungible tokens, or NFTs, because they are the perfect example of how the impact of blockchain technology in people’s lives goes way beyond the financial market. As we could see in hundreds of headlines in the past few months, they have gripped the world’s attention because they are a new […]

Crypto is the next step toward a cashless society

June 13, 2021

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From QR code payments to mobile banking apps, consumers worldwide are increasingly reliant on digital payment solutions, especially as mobile technology becomes more ubiquitous. Government-led efforts in driving cashless economies have been a key factor, with countries such as Singapore or the Philippines seeing their central banks driving the adoption of contactless payments during the […]

DeFi will bring global revolution to the traditional finance space

June 13, 2021

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Decentralized finance came to life with the inception of Ethereum in 2013. However, it truly hit the ground running in 2016–2017 with the backing of Ethereum developers and some entrepreneurs and experts in the financial investment sphere. To get our facts right and clear all misconceptions, DeFi encapsulates a variety of financial applications in cryptocurrency […]

Understanding the systemic shift from digitization to tokenization of financial services

May 30, 2021

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The financial industry has seen a rise in demand for exposure to digital — and crypto — assets in all asset classes. This has led to interest, demand and investment from institutional finance, ranging from digital asset custody to digital asset trading desks, regulatory and compliance frameworks, and audit and risk models. It is fair […]

HaloDAO stablecoin marketplace raises $3.5M in seed investments

May 21, 2021

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The investment round was led by Parataxis Capital, with additional participation from QCP Soteria, Genesis Block Ventures, Spartan Group, NGC, CMS Holdings, LedgerPrime, Genblock, Petrock Capital and others. 5204 Total views 9 Total shares HaloDAO, a decentralized marketplace for stablecoins, has raised $3.5 million in seed investments, setting the stage for the creation of an […]

Swiss Sygnum Bank to offer custody for Internet Computer token

May 18, 2021

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Major Swiss crypto bank Sygnum is planning to launch options trading for the ICP token at a later date. 11935 Total views 37 Total shares Switzerland-based cryptocurrency bank Sygnum is launching custody and banking services for Internet Computer (ICP) utility tokens. Sygnum announced on Tuesday that ICP holders will be able to deposit their tokens with […]

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Category: Decentralization