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Cryptozeal
@Cryptozeal
I'm a senior crypto journalist, eager to absorb every new technical development and disseminate information to my readers.
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How Decaf Wallet is simplifying cross-border payments in LATAM
Decaf, the Florida-based digital ledger technology platform for secure and transparent payment, recently launched Decaf Pay, a web version of its wallet which enables cross-border payments. Since launching, Decaf Pay has seen enormous growth in the LATAM region, with a 400% increase in July of 2023 alone and within 7 figures of USDC volume. The company expects these figures to grow into billions in the near future. But why is LATAM seeing such rapid growth in crypto adoption and how is Decaf a m
Deloitte and Nexxiot ally to create blockchain infra for digitizing logistics supply chain
Deloitte and Nexxiot, a TradeTech digitizing supply chain assets leveraging advanced technology, have partnered to elevate the logistics industry through KYX. With the objective to revolutionize global trade compliance and operational efficiency in the logistics supply chain, KYX amalgamates Know Your Client (KYC) and Know Your Cargo. This project will use KYC / KYB credentials built on KILT for the logistics industry.
The announcement was made at Polkadot Pulse 1.0 during the presentation KYX:
The announcement was made at Polkadot Pulse 1.0 during the presentation KYX:
Blockchained India launches second edition of Back the Buidlers aiming to support over 2000 startups
Blockchained India has rolled out the launch of the second edition of their flagship event - Back the Buidlers 2.0. This global community of Web3 builders has designed the initiative to empower builders in advancing their ventures and in line with their objective to add $1 trillion in value to the Web3 ecosystem by supporting over 2000 startups. They will be providing with vital support, mentorship, and connections with grant managers, investors, and key stakeholders from the known ecosystems.
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Algorand enters into strategic partnerships with T-Hub, NASSCOM, and TiE Bangalore
AlgoBharat, India-focused initiative of Algorand Foundation, made a number of high-profile announcements made at Algorand Impact Summit, a two-day event that convenes business leaders, policymakers, NGOs, and developers to discuss how blockchain can help solve challenges that the world comes across.
The partnerships indicate Algorand’s vision of delivering greater access to markets, capital and financial services by unraveling the power of blockchain technology. It could especially help underser
The partnerships indicate Algorand’s vision of delivering greater access to markets, capital and financial services by unraveling the power of blockchain technology. It could especially help underser
AlgoBharat to hold a summit to discuss India's future
AlgoBharat will be holding the Algorand Impact Summit in New Delhi, hosting policy officials, investors, founders, NGO heads, and business leaders. The list of participants include Dr. R. S. Sharma (former civil servant with 3 decades of experience in digital governance and innovation), Staci Warden (global policy leader and CEO, Algorand Foundation), Chetna Gala Sinha (Indian social entrepreneur and CEO, Mann Deshi Women’s Cooperative Bank), Jayson Berryhill (Co-Founder, Wholechain), Benedetto
AI Finds Crypto Patterns in Real Time
An easy-to-use tool that scans thousands of cryptocurrencies in minutes
From AI-powered chatbots like ChatGPT and Bard to AI-enabled drug discovery processes, AI has changed the business landscape tremendously and nothing is going to be the same again. One study by research firm McKinsey shows generative AI could enable automation of up to 70 percent of business activities across almost all occupations, between now and 2030, adding trillions of dollars in value to the global economy.”
The world
From AI-powered chatbots like ChatGPT and Bard to AI-enabled drug discovery processes, AI has changed the business landscape tremendously and nothing is going to be the same again. One study by research firm McKinsey shows generative AI could enable automation of up to 70 percent of business activities across almost all occupations, between now and 2030, adding trillions of dollars in value to the global economy.”
The world
The Grok token has dropped to $78 million after reaching a market capitalization of $160 million just eight days after its launch, demonstrating significant volatility. Rapid price increase of 13,000% over the past week notwithstanding, GROK-USD has limited utility, which could translate into a price crash.
#Grok #GrokToken #GrokTokenSurge #GROKTokenNews
#Grok #GrokToken #GrokTokenSurge #GROKTokenNews
Though $SOL , native token of Solana, is down 11.3% in just 2 days, it holds a robust position with strong derivatives markets and on-chain metrics.
Previously, $SOL had clocked a remarkable 58.6% surge in just five days, reaching a $64 high on Nov. 11
Despite the fall, it maintains a seven-day gain of 35%.
#SOL #SolanaInsights #SOLAnalysis
Previously, $SOL had clocked a remarkable 58.6% surge in just five days, reaching a $64 high on Nov. 11
Despite the fall, it maintains a seven-day gain of 35%.
#SOL #SolanaInsights #SOLAnalysis
Transaction fees on Bitcoin has gone up the highest in approx. 6 months thanks to surge in the popularity of Bitcoin Ordinals.
Average BTC fee is nearing $6.
#Ordinals. #ORDISurge #btctoday
Average BTC fee is nearing $6.
#Ordinals. #ORDISurge #btctoday
Someone asked me if Solana is a good investment. Currently trading around 90% below its peak price of $260, it has good potential to grow later, thanks to superfast transactions. I think it is a good buy right now.
#SolanaInsights $SOL $Solana
#SolanaInsights $SOL $Solana
Bitcoin Ordinals trading has surged with the transaction volume of Bitcoin-based assets on Ordinals reaching the highest levels since May, with about $14.7 million worth of assets traded.
The Bitcoin-based token $ORDI price has surged 124% over the past day to $13.21, more than doubling its initial price on Binance’s platform of $5.91.
#ordinals #ORDI. #BitcoinRevival
The Bitcoin-based token $ORDI price has surged 124% over the past day to $13.21, more than doubling its initial price on Binance’s platform of $5.91.
#ordinals #ORDI. #BitcoinRevival
A US lawmaker has proposed to slash SEC chair Gary Gensler’s salary to $1.
Currently, Gensler earns upwards of $300,000 per year for his duties as head of the SEC.
Rep. Tim Burchett has proposed drastic changes in The Financial Services and General Government bill to cut funding to the SEC and other government agencies.
It is a broad piece of legislation that aims to significantly reduce government spending across the sectors.
#CryptoVigilance #SECChairSalary #usa
Currently, Gensler earns upwards of $300,000 per year for his duties as head of the SEC.
Rep. Tim Burchett has proposed drastic changes in The Financial Services and General Government bill to cut funding to the SEC and other government agencies.
It is a broad piece of legislation that aims to significantly reduce government spending across the sectors.
#CryptoVigilance #SECChairSalary #usa
DZ Bank, the third largest German bank, will roll out crypto custody for institutional investors.
The bank believes that in the coming years, a big chunk of capital market business will be processed via distributed ledger technology (DLT)-based infrastructures.
It views DLT as a complementary technology to the established infrastructures supporting capital market processes.
Despite the strict regulatory regime in Germany, banks have been gradually adopting crypto.
#cryptocustody #CryptoCurrents
The bank believes that in the coming years, a big chunk of capital market business will be processed via distributed ledger technology (DLT)-based infrastructures.
It views DLT as a complementary technology to the established infrastructures supporting capital market processes.
Despite the strict regulatory regime in Germany, banks have been gradually adopting crypto.
#cryptocustody #CryptoCurrents
Elon Musk has rolled out AI chatbot ‘Grok’ saying it can outperform ChatGPT.
The chatbot costs $16 per month on X Premium Plus. For now, the offer is available to a limited number of users in the US.
#ElonMuskTalks #chatbot #AIPlatform
The chatbot costs $16 per month on X Premium Plus. For now, the offer is available to a limited number of users in the US.
#ElonMuskTalks #chatbot #AIPlatform
Elon Musk has ridiculed NFTs inadvertently highlighting the case for Bitcoin Ordinals, also called Bitcoin NFTs.
The NFT does not even exist on the blockchain, it’s just a URL to the JPEG.
Musk argued that Jpeg should at least be encoded in the blockchain. If the company housing the image goes out of business, you don’t have the image anymore.
Musk’s comments summed up the use case for Bitcoin Ordinals.
#cryptonews #ordinals #NFTSurge
The NFT does not even exist on the blockchain, it’s just a URL to the JPEG.
Musk argued that Jpeg should at least be encoded in the blockchain. If the company housing the image goes out of business, you don’t have the image anymore.
Musk’s comments summed up the use case for Bitcoin Ordinals.
#cryptonews #ordinals #NFTSurge
Oyster Protocol founder will have to serve a 4 year jail term for tax evasion.
Amir Bruno Elmaani, the 31-year-old founder of the now-defunct project, had admitted in April to secretly minting and selling Pearl tokens while not paying income tax on his profits.
His tax evasion caused the exchequer loss of $5.5M.
#cryptonewstoday #CryptoTaxEvasion
Amir Bruno Elmaani, the 31-year-old founder of the now-defunct project, had admitted in April to secretly minting and selling Pearl tokens while not paying income tax on his profits.
His tax evasion caused the exchequer loss of $5.5M.
#cryptonewstoday #CryptoTaxEvasion
Do you know that investing in MSMEs brings in some unique advantages?
● High profitability potential
● Strong performance indicators
● Quicker breakeven periods
● Stable revenue streams
● Resilience in downturns
● Lower financial risk
DeSME has hooked into these reasons to choose MSMEs as a preferred destination for investments and return impressive profits to its token holders.
#crypto2023 #cryptonews #CryptoTalks
● High profitability potential
● Strong performance indicators
● Quicker breakeven periods
● Stable revenue streams
● Resilience in downturns
● Lower financial risk
DeSME has hooked into these reasons to choose MSMEs as a preferred destination for investments and return impressive profits to its token holders.
#crypto2023 #cryptonews #CryptoTalks
Ever thought about using crypto to fund MSMEs (Micro, Small and Medium enterprises)?
Is there a way to share profits and empower small businesses that mainstream financing generally overlooks?
DeSME has rolled out a model that funds MSMEs via crypto. The equity investment approach is designed to bring attractive returns for investors.
Selection criteria aims to minimize risk and maximize gains from real-world ventures.
#cryptonews #cryptocurrency #CryptoTalks #crypto2023
Is there a way to share profits and empower small businesses that mainstream financing generally overlooks?
DeSME has rolled out a model that funds MSMEs via crypto. The equity investment approach is designed to bring attractive returns for investors.
Selection criteria aims to minimize risk and maximize gains from real-world ventures.
#cryptonews #cryptocurrency #CryptoTalks #crypto2023