Dash’s Break to #4 Crypto Position Explained By Its Cashing In On Bitcoin’s Consumer Problems
Dash price’ meteoric rise seems to have attracted more investor interest as well as a significant spike in user numbers and business partnerships. At the time of publishing, according to Coinmarketcap, it was the fourth most valuable cryptocurrency, with the market capitalization of over $200 mln, passing Litecoin with its $190 mln market cap. Dash has struck a partnership with BlockPay, a leading cryptocurrency PoS solutions, which made Dash accessible for use by hundreds of merchants in over 36 countries. The arrangement will add Dash to the list of several other leading cryptocurrencies....
Related News
Researchers from National University of Singapore will soon release a tool that will help ethereum users determine whether the smart contracts they've coded are valid or not. Developed in the wake of the massive hack of the first large-scale smart contract – The DAO – in June, the researchers described the tool as an attempt to curb future problems that could lead consumer funds to be lost. Called Oyente, the program has been reportedly used to successfully pinpoint bugs in thousands of smart contracts, including the one that led to the failure of The DAO. National University of Singapore....
In mid-May, the co-founder of Ethereum, Vitalik Buterin, donated $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Close to three months later, the CCRF organizers say they have been having issues cashing out the SHIB tokens and so far, only $20 million has been paid out. It’s Not Easy Cashing Out SHIB Tokens Roughly two months ago, Vitalik Buterin decided to donate $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Following the donation, CCRF thanked Buterin for his donation of 50,693,552,078,053....
Despite past claims, Dash insists that it's no more private than Bitcoin A recent tweet from Dash’s official Twitter account has invited criticism that the cryptocurrency, which once advertised its privacy features, is wilting in the face of possible regulatory scrutiny. On Jan. 1, the US-based Bittrex exchange announced in a tweet that it would be delisting Monero, Zcash, and Dash:#Bittrex Customers: The $XMR, $ZEC, and $DASH markets will be removed on Friday, January 15th at 23:00 UTC. Details: https://t.co/8qAdjuwryJ— Bittrex (@BittrexExchange) January 1, 2021 The delistings follow a....
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before the UST de-pegging incident. Kwon, however, has been keeping tabs on Fatman’s accusations and he claims the allegations are “categorically false.” LUNA 2.0 Token Drops 54% in Value During the Last 2 Weeks The LUNA 2.0 rebirth token has been extremely lackluster in terms of market performance during the past two weeks.....
Are investors piling into Dash in anticipation of the mainnet launch of Dash Platform, expected in 2022? Cointelegraph Research conducted a first-of-its-kind survey querying over 2,000 global crypto funds and certificates to gain an insight into their investment allocations during 2021. The survey was conducted via email between March 2021 and December 2021. The 200 funds that responded collectively managed approximately $1.2 billion in cryptocurrency and blockchain investments.Interestingly, the study found that 20 surveyed asset allocators already have exposure to Dash in their....