Profile picture of Godfrey Mwirigi

Godfrey Mwirigi

google-news

rating : 4.5

view : 12.5K

posts : 549

rating : 4.5

view : 12.5K

posts : 549

google-news

latest posts

Magnus Carlsen wins 2022 FTX Crypto Cup
Magnus Carlsen wins 2022 FTX Crypto Cup

Magnus Carlsen triumphed in the FTX Crypto Cup. The tournament was sponsored by FTX, a startup exchange. FTX offers a variety of tokenized fiat currencies. Although GM Magnus Carlsen lost his final match in a tiebreak to GM Praggnanandhaa R., he still won the FTX Crypto Cup on Sunday. As a result of this finish, GM Praggnanandhaa secured second place while GM Alireza Firouzja took third. This tournament was sponsored by FTX, an up-and-coming cryptocurrency derivatives exchange. FTX offers a variety of tokenized fiat currencies, including USDT (a stablecoin pegged to the US dollar), BTC (Bitcoin), and ETH (Ethereum). In

2 mins read
Unlocking the Full Potential for Blockchain Technology

Blockchain.com makes it easy for everyone to use blockchain technology. Platforms like BitPay allow users to pay for goods and services with cryptocurrency. When blockchain is more user-friendly it is essential to unlock its full potential. We can unlock the full potential of blockchain technology when we make it easier to access and easier to use. This may be the main reason why Blockchain.com was developed. It is a digital asset platform that makes it easy to access and use blockchain technology. With this platform, users can buy, sell, and store digital assets such as Bitcoin, Ethereum, and Litecoin. In

2 mins read
UK-Inflation-Anticipated-to-Reach-18
UK Inflation Anticipated to Reach 18.6%

The UK’s inflation might rise to 18.6%, which would be a 50-year high. The surge in July was mostly caused by rising food costs The office of the prime minister is proposing household supporting policies. According to the most recent Citigroup prediction, the UK’s inflation might reach a near 50-year high of 18.6% early next year as a result of skyrocketing wholesale gas costs, writes Andrew Michael. Individuals have gone ahead to give out their views suggesting it could be the same reason as to why they haven`t seen any bull run lately. It however now makes sense to them

2 mins read
Lido-Finance-represents-the-largest-LSD-provider
Lido Finance represents the largest LSD provider

Staking Ethereum Initial requirements maybe be an issue when staking ETH. The LDO token can be traded on exchanges. When you want to stake ETH, one of the issues an individual may face is the initial requirements. You don’t have to buy any mining rigs (unlike with Proof-of-Work Bitcoin), but you do need a minimum of 32 ETH to start getting rewards. With the current ETH price around $2,000, that equals $64,000 – which might be out of reach for some investors. Lido Finance bridges the gap for users by allowing them to combine their ETH. Individual investors may stake

2 mins read
PayPal-Joins-the-TRUST-Network-at-Coinbase
PayPal Joins the TRUST Network at Coinbase

Crypto firms take action on the rules regarding the transportation of digital assets. Other exchanges have also collaborated with the TRUST network. PayPal launched cryptocurrency trading in October 2020. With the addition of the crypto-oriented digital payments behemoth Paypal to the Travel Rule Universal Solution Technology (TRUST) network, a number of well-known crypto companies have taken steps to abide by the travel regulations for digital assets. PayPal will endeavor to improve adherence to the so-called Travel Rule, which the Bank Secrecy Act mandates of US financial institutions, together with the rest of the TRUST network. When consumers make transactions totaling

2 mins read
How-18000-ETH-Exited-BendDAO-in-48-Hours
How 18000 ETH Exited BendDAO in 48 Hours

There is just 12.5 wETH in the contract. Several floor prices for NFT also decreased. BendDAO provides customers with access to a peer-to-peer lending platform. Many NFT’s floor prices fell as a result of the current NFT market downturn. As a result of the low health factor loans, several NFTs on BendDAO entered the danger zone. The potential liquidation of millions of Bored Apes and other NFTs, in turn, caused market-wide panic last week. The bulk of NFTs have defaulted on loans as of the time of writing, and no bids have been made on them. Due to BendDAO’s requirements,

2 mins read
BTC-and-ETH-See-Higher-Levels-of-Short-Trade
BTC and ETH See Higher Levels of Short Trade

The last day has seen the large cryptocurrency pairs fall. The market has however rebounded a bit. ETH price looks for equilibrium searching for direction in a possible sideways patch. The last day has seen the large cryptocurrency pairs fall in value, causing a bit of panic in the market. This comes after Bitcoin(BTC) and Ethereum(ETH) fell below $20.9k which was last seen in mid-July. However, the market has rebounded a bit and cryptocurrencies are seeing higher levels of short trades coming in as people fear such drops as earlier seen in June when the price of bitcoin jumped about

2 mins read
Refugee Binance Card is Now Applicable For All Ages

Cardholders can now use the Binance Card to send cryptocurrency. This card could aid millions of refugees as well as authorized citizens. The card is not a commercial product. Since the start of the Russia-Ukraine war, Binance has been a vocal supporter of Ukraine. A few days after Vladimir Putin initiated his “unique military operation,” Binance donated $10 million to assist with the humanitarian situation in the area. UNICEF, UNRWA, and other groups received donations from this contribution. Following the crisis situation, the Leading Crypto Exchange Binance launched a “Binance Refugee Crypto Card” for displaced Ukrainians. This card is issued

2 mins read
BUSD-is-now-the-6th-largest-crypto-by-market-value
BUSD is now the 6th largest crypto by market value

Binance USD(BUSD) is gathering steam as of late. BUSD is now the sixth largest cryptocurrency by market value. It’s feasible that XRP could reclaim its throne once more. Binance USD(BUSD) is recently gaining momentum as it goes further up the top 10 list of largest cryptos by market value. XRP, on the other hand, tumbled down the list after losing more than 8% of its value in just a span of 24 hours. BUSD is 100%, reserves-backed by both fiat cash in dedicated, insured omnibus accounts at U.S. banks1 and/or repurchase agreements and money-market funds invested in U.S Treasury bills.

2 mins read
Canadian-Exchanges-Increase-Buy-Limit-to-$30k
Canadian Exchanges Increase Buy Limit to $30k

Canada imposes a new buy cap of 30k for her users. The new regulation also applies to “restricted coins,” which are cryptocurrencies other than BTC, ETH, LTC, and BCH. Ontario has just adopted new crypto-specific regulations. According to reports, to enhance consumer safety, Newton, Bitbuy, and other Canadian cryptocurrency exchanges declared they would impose a new net buy cap of 30,000 CAD for users in Ontario. Other cryptocurrencies outside BTC, ETH, LTC, and BCH and “restricted coins” are also subject to the new rule. This happened after Toronto-based cryptocurrency exchange Newton filed to register with the Ontario Securities Commission (OSC)

2 mins read
Ether-derivatives-trading-is-surging
Ethereum Name Creation Doubles to 2 Million in 4-Months

Name Creation Doubles In Four Months to 2 Million. The domain names may be bought and traded on NFT exchanges. Statistics show that 122,327 names were registered in June. As the project experienced the biggest monthly income increase in July, the number of Ethereum Name Service (ENS) domains soared. The astounding two million registration mark has now been broken. The Ethereum Name Service also referred to as ENS, describes itself as a web3-compatible, decentralized protocol that connects intricate, artificially created alphanumeric strings to human-friendly names. The Ethereum blockchain powers the not-for-profit naming system, where ENS domain names are protected by

1 min read
Mashinsky-Takes-Over-Celsius-Trade-Amid-Bankruptcy
Mashinsky Takes Over Celsius Trade Amid Bankruptcy

Mashinsky personally directed individual trades. Celsius was given the bargain to get out of the lost trade. For nearly a month, the cryptocurrency market continued to move sideways. Before a forthcoming US Federal Reserve meeting in January, Celsius Network CEO Alex Mashinsky assembled his investment team and informed them that he would be taking over the crypto lender’s trading strategy. The former telecoms entrepreneur claimed that because prices of well-known cryptocurrencies like bitcoin and ether had dropped from all-time highs, Celsius needed to take precautions against additional drops. He was confident that a hawkish decision would cause a drop in

2 mins read