Archiwa tagu: Alternative

BTC Fear & Greed Index Enters Extreme Fear Zone

A common similarity between the more traditional markets and that of crypto is that of the ‘extreme fear’ which seems to show itself every now and then. Most recently, this level of fear has been exhibited by numerous investors regarding Bitcoin (BTC)’s…

The post BTC Fear & Greed Index Enters Extreme Fear Zone appeared first on CryptocyNews.com.

Chinese Miners Pivot to Alternative Currencies to Keep Operating

chineseThe Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. Lesser-known tokens and proof-of-stake-based systems are now in the sights of these miners as ways to continue their work away from […]

French Central Bank Conducts Fifth Experiment on Tunisia CBDC

The French central bank, Banque de France (BOF), recently carried out its fifth experiment on the Central Bank of Tunisia (CBT)’s central bank digital currency (CBDC). According to a statement from BOF, the latest experiment is part of the banks’ joint effort to create conditions that are “conducive to a better inclusion of the Tunisian […]

The Craze For CBDCs Is Becoming Alarming For Crypto Users: Here Is Why

For a long time now, various central banks all over the world have been working towards establishing central bank digital currencies, or CBDCs, for their respective countries. The main reason behind such an initiative by so many global participants is the rapid rise of the cryptocurrency industry. Many governments and financial institutions feel as if …

The post The Craze For CBDCs Is Becoming Alarming For Crypto Users: Here Is Why appeared first on Tokenhell.

Rangers Protocol launches Ethereum Virtual Machine-compatible testnet

The project is branding its testnet as useful to “new developers without blockchain background knowledge.”

The Rangers Protocol has opened its testnet to users aiming to provide an Ethereum Virtual Machine-compatible solution that supports cross-chain contract interoperability.

In a Friday announcement, the Rangers Protocol said it had successfully migrated its first Dapp to the testnet which went live on July 19. The project migrated an Ethereum-based lending protocol, BlueStone, to the testnet, a move the protocol described as “smooth and developer-friendly” given Rangers’ Ethereum Virtual Machine, or EVM, compatibility.

Though there are seemingly alternative solutions utilizing blockchain technology friendly to Solidity developers, Rangers Protocol is branding its testnet as useful to “new developers without blockchain background knowledge.” Individuals interested in building using the protocol will reportedly have an easier time creating nonfungible tokens, or NFTs, as well as gaming applications in a permissionless environment.

Rangers Protocol co-founder Mary Ma announced in June that it would be launching its testnet in July following $3.7 million seed and private equity funding rounds. Ma claimed the protocol would have decentralized apps on its network, and include a cross-chain protocol, NFT protocol, and EVM compatible system. The project is reportedly the work of three years of development.

Crypto.com also recently launched its chain testnet allowing projects built on EVM-compatible chains to transfer over to its ecosystem. The open source testnet, Cronos, runs on a proof-of-authority consensus algorithm and is powered by proof-of-stake chain Ethermint.

Related: Asia-based Rangers Protocol valued at $63M following private equity round

Originally branded as the Rocket Protocol, Rangers is a China-based crypto company with an estimated valuation of $63 million. Venture funds backing the project include Pantera Capital, Huobi Ventures Blockchain Fund, Framework Ventures, Alameda Research, AU21 Capital, Hashkey Capital, SevenX Ventures, SNZ, Spark Digital Capital, and others.

XRP Prepares for a Takeoff towards $1 – Price Prediction

Briefly – – XRP took advantage of market positivity to recoil from the $0.52 support, clearing its way towards $0.6. – A break over the month-long declining trend-line revives the effort by bulls to take the altcoin to $1. Price Update Ripples XRP looks to gain some ground after the sell-off earlier on the week. …

The post XRP Prepares for a Takeoff towards $1 – Price Prediction appeared first on Tokenhell.

Tokenize your digital assets with white label NFT marketplace

NFTs are emerging alternative new class assets that are highly trending in the decentralized platform for their unique features. With a high trading volume carried out in the NFT platform every day, it entitles unique ownership to the holder. Recently, an artwork was sold for $391.8 within 10 seconds of going live. In today’s world, […]

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