September 14, 2021 - Page 2 of 3 - Smart Wealth Investments

iME Lists on AscendEX

September 14, 2021 SmartWealth

PRESS RELEASE. AscendEX is thrilled to announce the listing of the iMe token (LIME) under the pair USDT/LIME on Sept. 14 at 1 p.m. UTC. iMe is an innovative, Telegram-based messaging platform with extended functionality and DeFi capabilities. iMe is the only project to introduce DeFi functionality on a messaging platform. iMe has integrated Artificial Intelligence, “Topics,” an alternative to Telegram folders, built-in Google Translations, a functional Cloud with Albums, and many other unique developments on its platform. Similar to the functions offered by Telegram, iMe users can send messages,…

As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise

September 14, 2021 SmartWealth

Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped in value, the TVL across defi has continued to rise, climbing more than 5% to $185.32 billion. Defi TVL Across All Chains Rises by More Than 5% Over 9 Days Decentralized finance (defi) has attracted billions of dollars and at the time of writing, the…

Report: Bitcoin Adoption In Africa Grows 1,200% In One Year

September 14, 2021 coinmaker

The continent is the third-fastest growing bitcoin economy globally, powered by retail users seeking to save and transfer money. Bitcoin adoption in Africa has skyrocketed over the past year, growing over 1,200%, according to a report by Chainalysis. The increased activity in the region has been fueled by retail investors, who resort to bitcoin every day for savings, remittances, and peer-to-peer (P2P) trading. Artur Schaback, COO and co-founder of P2P exchange Paxful, told Chainalysis that his platform had seen stark growth in African countries, notably 57% in Nigeria and over…

Paxful Integrates The Bitcoin Lightning Network

September 14, 2021 coinmaker

The peer-to-peer bitcoin trading platform will now enable its over seven million users to cheaply and quickly transact BTC. Peer-to-peer bitcoin exchange Paxful announced that its platform has fully integrated the Lightning Network, Bitcoin’s second-layer scaling solution. The firm, one of the leading peer-to-peer trading platforms worldwide, will now allow its more than seven million users to transact bitcoin across the globe more quickly and cheaply. “Bitcoin is hands down the best financial option for the people who really drive economies forward,” said Ray Youssef, Paxful’s co-founder and CEO, in…

Solana Block Production Stalls for Hours, SOL Holders Unable to Transact, Validators Deploy a Fix

September 14, 2021 SmartWealth

According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is still down after a technical glitch. Solana’s Network Stalls In recent times, solana (SOL) joined the top ten crypto assets by market valuation and today, SOL’s market cap position is the seventh-largest. At the time of writing, SOL has been exchanging hands for $159 per unit and is down 2.8% during the last week. @phantom I’m locked out of my…

Dogecoin’s Four-Legged Fall — DOGE Slides to 9th Market Cap Position Dropping 18% Last Month

September 14, 2021 SmartWealth

The infamous dogecoin was one of the first meme-based digital currencies and it’s safe to say that the coin inspired a myriad of meme-focused or joke tokens meant to be used for fun. However, while dogecoin has had a phenomenal 2021 rising 8,515% in 12 months, during the last month dogecoin prices have stagnated a great deal. At one time, dogecoin held the fourth largest market capitalization but today, the original meme-coin’s overall market valuation has slid to the ninth position. Dogecoin Slips to the Ninth Largest Market Position After…

Billionaire Howard Marks: Bitcoin Has Advantages Relative To Gold

September 14, 2021 coinmaker

The Oaktree Capital’s chairman said that different than in 2017, he now understands the arguments in favor of Bitcoin. In a recent episode of the “We Study Billionaires” podcast, Oaktree’s Howard Marks shared his thoughts on Bitcoin, which have drastically changed since he was outspokenly negative about it in 2017. The billionaire investor said that he can now understand many arguments in favor of Bitcoin, including its similarities and advantages compared to gold. “There’s a big argument that [bitcoin is] digital gold, that it has some of the qualities of…

El Salvador’s Chivo Wallet Saw 500,000 Registrations In One Week

September 14, 2021 coinmaker

The state-owned bitcoin dollar account has over half a million users, 200 ATMs in El Salvador, 50 ATMs in the U.S. The President of El Salvador, Nayib Bukele, has shared updated information on the state-owned bitcoin and dollar wallet Chivo on Twitter, as well as some news regarding the country’s work towards facilitating BTC usage and exchange. Bukele disclosed that there are 200 Chivo bitcoin ATMs up and running in the country and 50 machines installed in the U.S., which allow users to top up their app balance with zero…

Human Rights Foundation To Gift 3.75 Bitcoin In Latest Round Of Developer Grants

September 14, 2021 coinmaker

The Human Rights Foundation is gifting almost 4 BTC to developers in the Bitcoin ecosystem to work on exciting and important projects. Today, the Human Rights Foundation announced its most recent round of Bitcoin Development Fund grants, per a press release sent to Bitcoin Magazine. The money is being gifted to 10 developers who will work on improving privacy tools, strengthening developer education in emerging markets, making bitcoin onboarding a better experience for new users, and continued Bitcoin Core development. This round of developer funds totals 3.75 BTC (375 million…

Walmart Investigates How Fake Press Release of Its Partnership With Litecoin Got Posted

September 14, 2021 SmartWealth

Following the fake news of its partnership with Litecoin, Walmart Inc. says it is looking into how the fraudulent press release was issued. The Litecoin Foundation and Charlie Lee are also investigating the matter. In addition, Globenewswire says it will also work with authorities “to request – and facilitate – a full investigation, including into any criminal activity associated with this matter.” Walmart Responds to Fake News of Its Partnership With Litecoin The retail giant issued a press release in response to the fake news of its partnership with Litecoin…