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๐Paypal Joins The Crypto Bandwagon!
๐Paypal Joins The Crypto Bandwagon!
What are you up to, Geckos? Bitcoin (BTC) has briefly hit $13,000 for the first time since 2019 before dropping back below the mark. The cause for the sudden rise in price is probably due to the news that PayPal is introducing Bitcoin purchasing options. Bitcoin hit $12,000 on October 21 and inched close to $13,200 before correcting back to about $12,860. In today's news, PayPal joins the fray, Akon has a new partnership, and Harvest Finance enjoys a doubling season. Read on! | | |
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| | | It'd be nice to practice trading crypto before jumping into the real thing. Oh, wait โ that's exactly what you can do on eToro! Creating an account will give you immediate access to a $100k virtual portfolio. Analyze the market and follow top traders in our vast social community of crypto knowledge โ all before spending a single dollar. Discover the crypto trading platform trusted by millions. Download the app today. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. | | Is PayPal Doing It Right? PayPal will be introducing a new feature for buying and selling Bitcoin, Bitcoin Cash (BHC), Ethereum (ETH), and Litecoin (LTC). It will be available on both the app and website. While some believe this is a decisive moment for Bitcoin adoption, others are pointing out the missing pieces such as private keys and the ability to transfer crypto into other accounts on or off PayPal. The move from PayPal has gotten feedback from Blockstream CEO Adam Back, Kraken's Dan Held, Casa CTO Jameson Lopp, and SatoshiLabs. (Editor's Note: In this editor's opinion, having crypto exposed to the masses would definitely do good things for the space.) DeCrypt | | Akon is Ready to Roll Rapper and crypto entrepreneur Akon has announced a partnership with the social money platform, Roll. His partnership will provide support to the African influencers who create their own cryptocurrencies on the platform. New creators can also choose to donate part of their token supply to help develop and launch Akon's business ventures in Senegal, Kenya, and Ghana. DeCrypt | | It Was A Good Harvest Harvest Finance (FARM), a decentralized platform for users to automatically 'farm' assets has doubled in total value locked. The total value locked surged by 110% from $334.41 million last week to $704.1 million this week. According to the Harvest team, the gain in value is partly due to vault migration where users move funds from existing pools to newly created ones as a way to maximize returns. CoinDesk | | | Polkadot is kicking off the Hello World! By Polkadot competition on Gitcoin, offering DOT and KSM for completing up to 23 challenges ranging from beginner to advanced. Categories and Prizes In total, there are 23 different challenges over four categories: 7 Beginner, 3 Intermediate, 4 Advanced and 9 Ecosystem. Ecosystem challenges include our friends at Acala, Moonbeam, Phala, and Plasm. All challenges will come with extensive resources to guide you along the way. All the challenges have been capped at maximum 50 submissions, so move quickly to be in the first 50 valid submissions to get your payout. Prizes per challenge are as follows: We also have an extra prize for the first 50 people that manage to complete 18 or more challenges: 150 DOT!
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| Distributed Denial of Service (DDoS) AttackA common cyber-attack tactic where a perpetrator diverts large amounts of traffic towards a particular network or service in an effort to disrupt normal services. Large amounts of incoming data overloads particular services' network, which causes legitimate requests to bounce or timeout. Services that are not protected against distributed denial of service (DDoS) attacks will typically become unusable during the attack period. Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here | | | | | Today, communities serve platforms. Tomorrow, platforms will serve communities. We're searching for tools and platforms that will serve creators as they look to bring and grow their communities on the open web. Seed Club Hackathon is a two-week hackathon for developers to build these tools for creators and their tokenized communities on Ethereum. Register now! | |
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