3 reasons why Keep3rV1 (KP3R) price hit a new all-time high this month

Keep3rV1 (KP3R) was one of the few altcoins that emerged unscathed from this week’s bearish turn in the crypto market. While many digital assets plunged into the red following the lead of Bitcoin (BTC), which recoiled after recording a new all-time high last week, KP3R added 31.60% against the dollar and 44.17% against BTC between Nov. 12 and Nov. 19. Let’s investigate what drove the splendid performance and what factors made the altcoin stand out in the face of the from the bleak dynamics of the wider market? Founder’s magic…

Electric Coin Company Announces Wallet for Zcash

Key Takeaways Today, the inventor of Zcash, Electric Coin Company, announced it would bring its own wallet to Zcash. Electric Coin Company will also focus on helping move Zcash from PoW to PoS and enhancing cross-chain interoperability. These moves reflect ambitions to make Zcash highly prominent in Web3. Share this article Today, the Electric Coin Company (ECC), which invented Zcash ($ZEC), a privacy coin, has announced that it will be releasing an ECC wallet. It will also improve the interoperability of the Zcash protocol and further move its consensus model…

3 signs that show crypto mass adoption is underway

The march toward blockchain and cryptocurrency mass adoption has made significant strides in 2021 as the growth of decentralized finance (DeFi) and nonfungible tokens (NFT) thrust crypto into the mainstream media spotlight on a daily basis. From the rise of meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) to the breakout popularity of the play-to-earn gaming model and popular protocols like Axie Infinity, 2021 has been about showing the world the income-generating opportunities that exist within the cryptocurrency ecosystem. And it’s not just engagement from the average Joe…

White paper introducing Jack Dorsey’s decentralized Bitcoin exchange published on Friday

Jack Dorsey, co-founder, and CEO of both Square and Twitter, released a white paper Friday detailing plans for Square’s decentralized Bitcoin (BTC) exchange tbDEX. Unlike most decentralized exchanges, or DEXs, tbDEX will not utilize a trustless model, and therefore will not feature its own governance token. Instead, it is a message protocol designed to facilitate trust relationships without relying on a federation to control access. The tbDEX also intends to include many features that make it far less decentralized than a DEX in the truest sense of the word. For…

Square Releases White Paper Detailing Protocol for a Decentralized Bitcoin Exchange

Payments giant Square released a white paper on Friday detailing a new decentralized protocol for exchanging digital and other assets known as tbDEX. “The tbDEX protocol facilitates decentralized networks of exchange between assets by providing a framework for establishing social trust, utilizing decentralized identity (DID) and verifiable credentials (VCs) to establish the provenance of identity in the real world,” the firm wrote in the paper’s abstract. In a post introducing the protocol, a TBD developer wrote that “the tbDEX protocol aims to create ubiquitous and accessible on-ramps and off-ramps that…

Market Wrap: Bitcoin Underperforms Altcoins as Sell-Off Pauses

Bitcoin held steady around $57,000 on Friday after a near-10% decline over the past week. The cryptocurrency is roughly flat over the past 24 hours, compared with a 5% rise in ether and an 8% rise in Solana’s SOL token over the same period. “Market sentiment seems short-term bearish/sideways – people are shorting BTC in the perpetual futures market,” Ki Young Ju, CEO of CryptoQuant, wrote in a blog post on Friday. Analysts pointed to rising leverage as a possible sign of froth in the crypto market, which forced some…

Kraken to delist Monero for UK customers by the end of November

In an email quoted by Reddit users, Kraken, the world’s eighth-largest cryptocurrency exchange by trading volume, announced it would be delisting privacy coin Monero (XMR) in compliance with regulations in the United Kingdom. The platform will cease all XMR trading activities, set XMR wallets to withdraw-only, and force-liquidate any existing XMR margin positions after Nov. 26. Through advanced cryptography, privacy coins like Monero obscure participants’ public wallet addresses and payment amounts when their transactions appear on the blockchain, making it improbable, in the context of current technology, for forensic entities…

Metaverse and blockchain gaming altcoins rally while Bitcoin looks for support

Bitcoin’s (BTC) recent foray back below $56,000 sparked a wide-ranging sell-off across the cryptocurrency ecosystem and talks of the price hitting $100,000 by the end of the year quickly morphed into concerns about an impending bear market that could thrust prices into the doldrums for a year or longer.  While there appeared to be absolute carnage in the markets judging by peoples’ reaction to the BTC pullback, not all tokens were negatively impacted and gaming tokens focused on the emerging Metaverse have managed to stay in the green. Data from Cointelegraph…

After Being Foiled by a Billionaire, ConstitutionDAO Faces Lingering Questions

As the dust settles on one of the most ambitious crypto experiments in recent memory, a host of questions remain unanswered – starting with the fate of over $49 million in donations. On Thursday night, auction house Sotheby’s played host to an unusual bidder: ConstitutionDAO, an ad-hoc group of over 17,000 donors who pitched in to collectively buy a rare print of the Constitution of the United States. While the bidding ended at $43.2 million – below the $49.5 million the decentralized autonomous organization (DAO) raised – the predicted cost…

New Money and Contemporary Capitalism With Brett King and Patrick Murck

With the advent of cryptocurrency and related technologies, and with the failure of the existing banking-centric monetary architecture to address inequities and avoid financial crises, the one thing people tend to agree on is that our system of money needs an overhaul, specifically an upgrade to meet the needs of the digital economy. This episode is sponsored by Quantstamp and Nexo.io. But what form should it take? And who gets to decide? This week, “Money Reimagined” co-hosts Michael Casey and Sheila Warren talk to two guests who’ve thought as much…