Ultra and Elrond collaborate to boost the use of NFTs in DeFi

25. December 2020 / admin / 0 Comments

The Ultra (UOS) video game distribution platform collaborates with the Elrond blockchain (EGLD). Together, the two projects will collaborate to lay the foundations for decentralized finance (DeFi) use cases based on non-fungible tokens (NFTs).

Ultra (UOS) partners with Elrond blockchain (EGLD)

A press release published on Medium today tells us that the Ultra platform (UOS) is collaborating with the Elrond blockchain (EGLD). With decentralized finance (DeFi) having really exploded this year and a similar trend being formed for non-fungible tokens (NFTs), the two projects aim to bring these two sectors together.

Together, Ultra and Bitcoin Trader wish to forge the foundations for the integration of NFTs in the world of DeFi . To achieve this, the emphasis will be on interoperability between the two ecosystems. Initially, the Elrond eGold will be accepted as a means of payment on the Ultra platform .

From the other point of view, all the NFTs coming from the Ultra network can be integrated into the DeFi protocols hosted on Elrond . For example, protocols could use NFTs as collateral for contracting loans. More specific, stablecoins backed by NFTs could be issued in this way.

“With Ultra, we are merging engaging experiences with blockchain enhancement capabilities enabling the next generation of wealth creators to express themselves in new and impactful ways,” said Beniamin Mincu, CEO of Elrond.

In recent months, the craze around NFTs has grown strongly , especially with regard to the digitization of works of art. Based on this principle, Elrond and Ultra will work together so that NFTs can find a place in the world of DeFi:

“All the games published on Ultra are tokenized assets that have tangible intrinsic value. We believe DeFi will bring new use cases to these NFTs such as secured microloans that will ultimately benefit Ultra players. Partnering with Elrond is our first step towards this goal, ”added David Hanson, co-CEO of Ultra.

The deployment of the Ultra platform begins

Ultra is now accumulating many top-tier partnerships, including with AMD, Ubisoft, Atari, The Sandbox, the Litecoin Foundation, Cudo and now Elrond. Now, the community is patiently waiting to be able to access the platform and discover all of Ultra’s functionalities related to blockchain and NFTs.

In addition, for two weeks now, the Ultra platform has opened its doors to a handful of preselected users . The platform will be deployed in 3 waves, during which many events will be organized by the team.

To increase your chances of accessing the Ultra platform before other users, you can register on a list as a player or game developer.

Crypto-utbyte jätte Coinbase antyder att börsnoteras som bitcoin prisstegringar.

19. December 2020 / admin / 0 Comments

Eftersom priset på bitcoin stiger till all-time highs har den mest framstående kryptovalutautbytet Coinbase signaliserat sin avsikt att bli offentlig.

Den amerikanska kryptobörsjätten Coinbase lämnade nyligen ett utkast till registrering hos Securities Exchange Commission som bekräftade ryktet planerar att offentliggöras med en börsintroduktion som analytiker uppskattar kan vara värt så mycket som 28 miljarder dollar. Coinbase meddelade att det lämnade in ett utkast till registreringsdeklaration till SEC, vilket banade väg för planer för ett eventuellt börsintroduktion. Meddelandet kommer när intresset för bitcoin och andra kryptovalutor har ökat till nya toppar under koronaviruspandemin.

Coinbases värde förväntas uppgå till cirka 28 miljarder dollar

Forskaren vid Messari Crypto, Mira Christanto, har tagit ett djupdyk i några av kryptobörsens affärs- och handelssiffror och kommit fram till en potentiell värdering på 28 miljarder dollar. Mirar Christanio uppgav , ”efter Coinbases IPO-meddelande värderar vi företaget till 28 miljarder dollar. Coinbase är ett av de mest framträdande börserna med 1 miljard dollar per dag i 20 december. ” Forskaren tillade att modellen som används för att härleda värderingen delade företagets affärssegment med handelsavgifter, depåavgifter, betalkort och andra kriterier. Handelsvolymen kommer främst från institutionella kunder, tillade hon, men det genomsnittliga innehavet per kund är $ 703.

Bitcoin fortsätter att slå rekordhöga toppar

Priset på bitcoin är på topparna efter det att den ledande kryptovalutan steg över $ 20 000-barriären på onsdag för första gången i sin historia. I skrivande stund byter bitcoin händer till strax över 23 000 dollar. Det finns flera faktorer som hjälpte bitcoin att öka till nya heltidshöjder. Institutionellt intresse för bitcoin har ökat sitt år som en säkring mot traditionella tillgångar.

MicroStrategy, Bitwise och Grayscale ökar alla när det gäller investeringar, tillgångar under förvaltning och aktiekurser för sina fonder när Bitcoin nådde en rekordhöjd denna vecka.

Analytiker som kalte Crypto Pullback sier at disse Altcoins vil øke hardest når markedet finner en bunn

16. December 2020 / admin / 0 Comments

En populær kryptotrader og analytiker sier at tre altcoins vil brøle tilbake til livet etter at Bitcoin når bunnen.

Analytikeren, kjent i bransjen som Flood, forteller sine 87.000 Twitter-følgere at han er optimistisk med hensyn til BTC, men er fortsatt forsiktig med den kortsiktige veien fremover, vel vitende om at mange store investorer allerede har plassert sine spill og kommet inn i markedet.

“Her er nivåene jeg ser på. Hvis $ 17.400 går i stykker, tror jeg vi fortsatt er bullish, men krypingen av deriv v spot så vel som større spillere som har kjøpt allerede gjør meg feil på siden av forsiktighet på disse nivåene.

Jeg vil unngå å bli hakket opp før vi bryter $ 20 000

Flood forutsa nøyaktig det bredere kryptomarkedets nåværende retracement 4. desember, før Bitcoin begynte å flytte til et nylig lavt nivå på $ 17.638.

Ser fremover, sier analytikeren at han forventer at tre altcoins vil øke når markedet kommer tilbake.

Flood sier at handelsmenn bør holde seg til det grunnleggende når de vurderer markedet

Han advarer mot å bli for fanget i komplekse tekniske handler, spesielt i den flyktige og historiedrevne verdenen av kryptovaluta.

“Hver gang jeg kjeder meg og prøver å lage søte, veldig kompliserte handler i henhold til modeller som en 20 år gammel fysikkgrad utarbeidet for meg, er det når jeg pleier å fakkle mest penger. Markeder, spesielt krypto, er veldig narrative og har en tendens til å utvikle seg hardt eller ikke i det hele tatt. ”

Equilibrium’s Polkadot native stablecoin to be integrated with Moonbeam

14. December 2020 / admin / 0 Comments

Polkadot’s two parachutes will communicate to create a unified DeFi environment.

The DeFi Equilibrium Cross-Chain Loan (EQ) protocol is ready to bring its stable USD-linked currency to Moonbeam, a project of Polkadot (DOT) building a blockchain similar to Ethereum.

DeFi projects that are based in Moonbeam will be able to use Equilibrium’s stable currency as if it were native to the blockchain. This includes decentralised exchanges, single-purpose lending protocols and other basic components of DeFi.

This project wants to recreate Ethereum in Polkadot
Moonbeam can be described as the “Ethereum on Polkadot” project. It uses the same intelligent contract environment seen in Ethereum, features an Ethereum virtual machine and uses the same convention for accounts and wallets. As a result, Moonbeam supports Solidity’s intelligent contracts and allows developers and users to transfer their projects and wallets with minimal changes.

At the same time, Moonbeam is a parachute, Polkadot’s equivalent of a shard. This allows other parachute chains to connect to Moonbeam with minimum effort, thanks to the communication between parachute chains enabled by Polkadot’s broadcast chain, essentially its equivalent to the Ethereum 2.0 beacon chain.

Polkadot launched a test network for the communication protocols between shards
Equilibrium will use this connection to bring your token into the Ethereum-enabled environment. The expectation is that Ethereum-based DeFi protocols will bring your projects to Moonbeam, thus directly connecting Equilibrium to the broader DeFi ecosystem. One such possible integration is SushiSwap, which is exploring the possibility of creating a sister protocol in Moonbeam. Alex Melikhov, CEO of Equilibrium, told Cointelegraph about the integration:

“We believe that there is significant value in showing collaboration between specialist parachutes where the sum can be greater than the parts for both parties.
EOS-based DeFi project set up in Polkadot
Equilibrium is a money market protocol between chains, which allows guarantee deposits to create a stable, decentralised currency, similar to MakerDAO. Although originally based on EOS, Equilibrium moved the core of its protocol to Polkadot in the summer of 2020. In addition to making use of Polkadot’s interoperability functions, Equilibrium places great emphasis on its bailsmen settlement mechanism. Unlike other similar protocols, settlements are managed by a permanent class of liquidity providers that receive a share of the platform’s revenues. This provides a baseline of rewards regardless of the amount of debt settled, which simply becomes an additional source of revenue.

The launch will take place after Polkadot’s early parachute auctions, which are expected to take place in early 2021. Melikhov said his plans depend on both Moonbeam and Equilibrium receiving parachute slots, which is not a certainty. However, he believes there is enough space for all the major projects currently being built in Polkadot to receive a parachute.

Translated with www.DeepL.com/Translator (free version)

How to succeed in the cryptocurrency revolution? Here is Serum, the antidote that frees trading!

10. December 2020 / admin / 0 Comments

The cryptocurrency market is all the rage. Beyond the original ideals, often overlooked in the name of efficiency and profit, it is difficult to always find how to reconcile crypto-monetary passion and strong convictions linked to decentralization. However, if centralized exchanges still occupy a preponderant place in the ecosystem, some projects want to combine efficiency, user experience and the values ​​of the original cryptosphere. Today, I present to you Serum, the Bitcoin Up who wants to change the game!

This promotional item is brought to you in collaboration with Serum.

When trading wants to break free

You know them, even if you haven’t yet dared to venture there : decentralized exchanges ( DEXs ) are showing staggering growth in this year 2020 … yet, they are still far from being able to compete with the heavyweights in the sector, such as Binance and Coinbase. It must be said that their potential adoption is slowed down in particular by their often convoluted operation , the difficulties of handling encountered by users, or theirlack of functionality – compared to the ease of use that characterizes benchmark platforms.

But what if I told you that it could well be that a real challenger has finally made his entry into the big leagues ? Determined to do battle and take the victory , here is Serum !

A team led by the best, for a successful bet

And Serum does not come out of nowhere: it is indeed a shock team led by the thinking head of FTX who took the bet to launch the project. The unspeakable Sam Bankman-Fried is therefore in the game, he who has already succeeded in making FTX one of the benchmarks in the sector , while the exchange was still a relative unknown to the battalion in December 2019 when Binance came there. take a substantial stake.

But the boss of FTX is naturally not alone on board : he surrounded himself with a team made up of the finest triggers of blockchain and cryptocurrencies, but also and above all employees with recognized expertise well beyond. of this emerging sphere: the project is for example developed by Anatoly Yakovenko , who dragged his gaiters to the historic DropBox ; or by Jeff Levy , a little genius who cut his teeth at the giant Google !

And the result is simply stunning !

The Solana blockchain, the foundation of a crypto-centric future?

Based on a Proof of Stake architecture , the Solana blockchain makes it possible to combine both the non-custodial aspect dear to the greatest crypto experts and the security desired and usually offered by only centralized exchanges .

It is out of the question to compromise with the ideals of decentralization , on the pretext of better performance ! No, with Solana you want the best of both worlds, and you get it ! But how ?

Thanks to a cutting-edge infrastructure that introduces a new paradigm in cryptocurrency: Proof-of-History. Thus, there is no longer any need to be limited by the usual blocks of historical blockchains – in size or in validation time – , since it is indeed each of the transactions that will be very specifically time-stamped automatically during its transmission , to be entered in a second time in the large time clock of the Solana blockchain . What interest ? Well at the same time that of offeringalmost instant confirmations (a capacity of 60,000 transactions per second is announced!), but also at simply laughable costs ! Realize, with Solana, it is possible to validate a million transactions on the fly , for the modest sum of $ 20 paid to network validators.

Serum is therefore the possibility for anyone to deploy their own fully decentralized exchange , built on the revolution that is Solana . Obviously, the goal is also to be able to interact with all the other DEX Serums launched by other crypto-explorers, but also with the largest renowned exchanges that are partners of the project. And all the power of Serum project does not stop there: in fact, Solana offers features very advanced but highly accessible and automated , allowing interoperability total between the different blockchains of the ecosystem. But what for, you will tell me? Well, quite simply allow you to interact with all the most famous cryptocurrencies , but without being subject to the risks of congestion of their original networks and at their sometimes delusional costs !