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    1. Business News
    2. Authors
    3. fe digital currency

    FE Digital Currency

    Cointelegraph is a digital media resource covering news on blockchain technology, cryptocurrency assets, and financial technology trends
    What does Bitcoin’s six month lows mean for altcoins

    As stated by Cointelegraph, altcoins have rallied considerably in the last few months after facing competition from Terra LUNA

    By FE Digital Currency
    August 10, 2022 16:58 IST
    To reward active users who contribute high-quality content to the network, Reddit introduced blockchain-based Community Points coins in 2020.
    Reddit is forging ahead with blockchain adoption push with FTX partnership

    Users can spend their earned Community Points in a variety of ways, including buying premium memberships, and giving them as…

    By FE Digital Currency
    August 10, 2022 16:53 IST
    Users can earn dYdX tokens on their trading activities on a DEX through paid fees and open interest
    What is dYdX and its trading options

    As stated by Cointelegraph, dYdX protocol was built over by Ethereum smart contracts and Stark rollups powered by Starkware

    By FE Digital Currency
    August 10, 2022 16:08 IST
    White-collar work is made possible in an intimate office setting by XR, which celebrates dynamic collaboration in the metaverse.
    How will conversational AI influence the metaverse?

    In a metaverse, an AI concierge is a personified machine that makes personalised recommendations depending on the preferences of the…

    By FE Digital Currency
    August 10, 2022 15:15 IST
    Cryptocurrencies and DAOs are considered interrelated
    What are the benefits of DAOs in communities

    According to Cointelegraph, sharing economies are considered an early example of DAOs

    By FE Digital Currency
    Updated: August 10, 2022 15:23 IST
    Nuri collaborated with the bank and its cryptocurrency subsidiary Solaris Digital Assets to outsource banking and custody licences for cryptocurrencies.
    500K user German crypto bank ‘Nuri’ files for bankruptcy

    Notably, a collaboration with Solarisbank AG prevents the company from managing customers’ fiat and cryptocurrency funds directly

    By FE Digital Currency
    August 10, 2022 14:33 IST
    According to the shareholder letter dated August 9th, net revenue for Q2 was $803 million, down from $1.17 billion in Q1 and $2.03 billion in Q2 2021.
    Coinbase posts a Q2 loss of $1.10 billion due to falling exchange assets

    From $256 billion in Q1 to barely $96 billion in Q2, the exchange’s worth of cryptocurrency assets decreased.

    By FE Digital Currency
    August 10, 2022 13:41 IST
    The government's determination to prosecute all those engaged in the BitMEX case serves as a warning to the whole crypto industry.
    Another BitMEX executive pleads guilty to violating Bank Secrecy Act

    Authorities previously pursued BitMEX in 2020, bringing criminal and civil complaints against the company for enabling cryptocurrency trading by Americans.

    By FE Digital Currency
    August 10, 2022 13:03 IST
    The Central Bank of Iran (CBI) and the Ministry of Industries, Mining, and Trade have approved this development, according to local media sources.
    Iran pays for $10M import order with crypto, aims to achieve “widespread” status by Q4

    Iran is finalising plans to allow a large-scale adoption of cryptocurrencies for international settlement.

    By FE Digital Currency
    August 10, 2022 12:31 IST
    What is the GameFi ecosystem

    According to Cointelegraph, in a decentralised GameFi system, gamers are able to engage with creators having the ability to develop…

    By FE Digital Currency
    August 10, 2022 11:31 IST
    As stated by Sudhir Sethi, founder and chairperson, Chiratae Ventures, Indian fintech market contributes to the largest share of unicorns in India
    Indian fintech market is expected to be one trillion dollars in AUM and $200 billion in revenue by 2030: Report

    The report also highlights that ‘Buy Now, Pay Later’ has become mainstream and is on a growth trajectory

    By FE Digital Currency
    August 9, 2022 20:13 IST
    Fitmint, started in January 2022, is a move-to-earn fitness platform with in-built NFT gaming, Web3.0 and social finance elements
    Fitmint unveils its NFT sneaker feature for users

    According to the startup, it aims to allow users gain 24 energy points per day against the limited 16 energy…

    By FE Digital Currency
    Updated: August 10, 2022 14:50 IST
    Due to EthBridge’s inputs and outputs being publicly verifiable, Ethereum can identify and verify any off-chain activities
    What are the implications of Arbitrum ecosystem

    According to Cointelegraph, Arbitrum intends to lower network congestion and transaction costs by removing work and data storage from Ethereum’s…

    By FE Digital Currency
    August 9, 2022 17:38 IST
    The company noted that they can offer consumers who discovered Bitcoin alternative paths like stablecoins.
    Bitcoin.com to introduce Bitcoiners to decentralised finance

    The company intends to reward individuals who top up and for their usage with the debit card.

    By FE Digital Currency
    August 9, 2022 15:27 IST
    Tezos India has launched a new vertical Web3.0-based Tezos India arts and culture (TIAC).
    Tezos India launches vertical to empower art, culture communities using Web3.0 technologies

    IAC also plans to conduct artist fellowship programmes with selected artists from the onboarding phase to help develop bigger projects…

    By FE Digital Currency
    Updated: August 9, 2022 15:48 IST
    The venture program is a result of our belief that India can be the launchpad for population-scale Web3.0 projects, Ashish Singhal, co-founder and CEO, CoinSwitch, said
    CoinSwitch launches its Web3.0 Discovery Fund to incubate early-stage startups

    According to the company, the fund will provide access to investor partners such as Tiger Global, Ribbit Capital, Coinbase Ventures,…

    By FE Digital Currency
    August 9, 2022 13:48 IST
    Average virtual land prices have fallen by more than 80%.
    Metaverse land prices’ collapse sparks debate on viability of virtual worlds

    The data used to build the information came from WeMeta and was taken from the platforms Sandbox, Decentraland

    By FE Digital Currency
    August 9, 2022 13:05 IST
    FreeFire creators have signed licensing agreements with STAN for the latter to be able to provide trump card and digital collectibles services.
    Esports fan engagement startup STAN collaborates with FreeFire creators

    The creators have a collective follower and subscriber base of over 8 crores on social media platforms such as YouTube…

    By FE Digital Currency
    August 9, 2022 12:47 IST
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