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Daily Crypto News- Facebook’s Crypto Wallet Is Ready for the Market

Facebook’s Crypto Wallet Is Ready for the Market

Facebook has been working on crypto for years. Now, it’s getting ready to release its stable coin wallet, Novi. Facebook Diem co-creator David Marcus announced today that Novi, Facebook’s crypto wallet, “is ready to come to market.” Novi (originally Calibra) finds itself limping into a very different cryptocurrency market than the one that existed two years ago.

Chainlink’s DeFi Price Oracles Now Live on Fantom Mainnet

A Chainlink(LINK) integration allows Fantom developers to gain access to a wide variety of new DeFi instruments. Price oracles are decentralized systems that help decentralized finance (DeFi) platforms to receive real-world data such as prices of various cryptocurrencies. 

1inch Exchange Expands Support to Optimisms ETH Layer-2 Scaling Solution

1inch(1INCH) will join UniSwap(UNI) in becoming the second decentralized finance app to move to Optimism on Ethereum. The decision was confirmed by 1inch spokesperson Sergey Maslennikov on August 17th via Coindesk.  The move comes in an effort to enhance the user experience by lowering gas fees and increasing transactions per second.

Ethereum Holds on Stable Support While Sell Signals Pop Up

Ethereum(ETH) seems bound for a correction after gaining nearly 1,560 points in market value. Ethereum sits on top of stable support following an 87% rally. However, a particular technical indicator recently presented a sell signal. A spike in downward pressure could see ETH drop toward $2,500.

Bitcoin And Crypto Adoption Soars 880% In 2021

5 Things to Consider Before Investing in Cryptocurrency

5 Things to Consider Before Investing in Cryptocurrency There is no question that cryptocurrencies have established a new investing sector. With the value of digital currencies such as Bitcoin over ...
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Tax on Cryptocurrency In India – Complete Guide 2022

Wondering how taxation on crypto works in India? How much do you have to pay tax on cryptocurrency in India? How 1% TDS is levied on crypto? Don’t worry we ...
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New Cryptocurrency Bill Advances to Senate in Brazil

A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if ...
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USDC Sees Native Launch on Avalanche

USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge ...
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Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ...
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