Day: May 26, 2021

Apple seeks to hire ‘alternative payments’ manager with crypto experience

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Global software giant Apple Inc. is recruiting for a new business development manager specializing in alternative payments, signaling that the iPhone maker was gravitating towards digital assets.  The new job post for “Business Development Manager – Alternative Payments” was posted to Apple’s careers website on Tuesday. The new hire will be responsible for leading alternative payment partnerships and defining new commercialization streams. Apple is seeking a business professional with more than ten years of experience, including a five-year track record “with alternative payment providers, such as digital wallets, BNPL, Fast…

Bitcoin Bear Market Comes Down To Pivotal June Close

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Bitcoin price is still below $40,000, after just weeks ago trading at over $64,000 per coin. The selloff shocked market participants of all sizes, prompting fears that the bull market is now over and a bear phase is next. A trader who predicted this recent collapse months in advance using high timeframe technical analysis, now fears that a bear market could follow. But it all comes down to the pivotal June monthly close. Here’s why. Bitcoin At Risk Of Bear Market If Bulls Can’t Close June At New Highs When…

3 convincing signs the Bitcoin bears have stopped selling

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The price of Bitcoin surged higher on May 26, breaching the $40,000 level for the first time in five days as traders brushed aside concerns about China’s crypto ban and the United States’ crypto tax proposal. The benchmark cryptocurrency reached an intraday high of $40,855 before turning lower owing to profit-taking sentiment. In the meantime, analysts such as Cheds and Korous AK expect BTC/USD to hit $42,000 in the short term but advised caution on extended upside positions unless the spot market confirms a clear bullish breakout. Cheds, particularly, showed a…

Polygon Releases SDK Eyeing “Multi-Chain Future”

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Key Takeaways The Polygon team has launched its long-awaited software development kit (SDK). The Polygon SDK will enable developers to deploy their own EVM-compatible blockchains on the network. The launch pushes forward Polygon’s vision of creating a multi-chain ecosystem for Ethereum. Share this article Polygon, a scaling and infrastructure development on Ethereum, has launched the first version of its highly-anticipated Polygon software development kit (SDK). Polygon SDK Goes Live Polygon has released its software development kit (SDK). The SDK is a set of pluggable modules for developers to quickly deploy…

Enjin Airdrops 50,000 NFTs via Social Media QR Adverts

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Key Takeaways Enjin placed QR codes on social media ads allowing users to download a free NFT. All 50,000 NFTs were claimed within 48 hours, attracting 38,000 new Enijn Wallet users. The campaign highlights the disruptive potential of NFTs in the marketing industry. Share this article Enjin placed QR codes in social media advertisements to distribute 50,000 tokenized digital art pieces.  Enjin Rewards Social Media Users  Enjin organized a social media campaign to airdrop 50,000 NFTs over the weekend.  The team behind the NFT ecosystem took out a series of…

Polygon debuts SDK for building Ethereum-compatible chains

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Polygon has announced the launch of its SDK stack that will allow developers to easily deploy their own Ethereum-connected blockchains. SDKs, or software development kits, are single installation packages containing tools necessary for seamless app creation. According to an announcement on Wednesday, the Polygon SDK contains several plug-and-play modules with custom-made solutions for parameters like consensus and synchronization. Apart from consensus and synchronization, the Polygon SDK also contains other modules like TxPool, JSON RPC and gRPC. As part of the announcement, Polygon revealed that its SDK was designed to mirror…

Museum of Crypto Art to launch MOCA token, plans acquisition spree

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According to some estimates, coronavirus-related strains may soon force upwards of one in every eight physical museums to permanently close — but despite the struggles, one Metaverse-native museum is raising funds to transition to a community-governed model.  The Museum of Crypto Art announced today the launch of the MOCA token, a Polygon-based governance and utility asset. The token will be used to vote on pieces added to the museum’s Genesis Collection as well as future exhibits, allow for community curation of museum assets, and establishment a runway for the museum…

Women-led events may encourage long-term female participation in blockchain

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The tech industry is notorious for its male-dominated culture, and unfortunately, the blockchain space may still be exhibiting this, at least for the time being.  Although female cryptocurrency investors are on the rise, men still make up the majority of job positions within the blockchain sector. This could be due to a number of reasons, such as a lack of funding for female-led blockchain companies or the ever-present gender wage gap in tech. According to recent data collected by AI-driven marketplace Hired, female candidates for tech jobs received wages that…

China to socially blacklist Bitcoin miners in Inner Mongolia region

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China has ramped up efforts to quash cryptocurrency mining in its Inner Mongolia region by introducing new penalties for those caught engaging in the illegal activity. Officials unveiled new draft rules which would see harsher punishments applied to those caught mining Bitcoin (BTC) and other cryptocurrencies, as per a report by the South China Morning Post. These would include placing offenders on a social credit blacklist, which would stop them from getting loans, or even using the transportation system. The new rules make particular mention of data centres, industrial parks,…

UK ad organization bans crypto exchange’s ‘time to buy’ Bitcoin advert

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A major advertising industry organization in the United Kingdom has ruled on an ad campaign telling people “it’s time to buy” Bitcoin (BTC). The Advertising Standards Authority, a self-regulating ad organization, officially halted an advertising campaign by cryptocurrency exchange Luno for being misleading and irresponsible. “The ads must not appear again in the form complained about,” the ASA said Wednesday, noting that ads like this should mention that Bitcoin investment is highly risky due to its extremely volatile nature. Shown across the London Underground network and on London buses this…