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IDEA Price   

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IDEA

Ideaology  

#IDEA

IDEA Price:
$0.00153
Volume:
$71.6 K
All Time High:
$0.88
Market Cap:
$765.1 K


Circulating Supply:
500,000,000
Exchanges:
2+
Total Supply:
500,000,000
Markets:
2+
Max Supply:
500,000,000
Pairs:
4



  IDEA PRICE


The price of #IDEA today is $0.00153 USD.

The lowest IDEA price for this period was $0, the highest was $0.00153, and the current live price for one IDEA coin is $0.00153021.

The all-time high IDEA coin price was $0.88.

Use our custom price calculator to see the hypothetical price of IDEA with market cap of BTC or other crypto coins.


  IDEA OVERVIEW


The code for Ideaology crypto currency is #IDEA.

Ideaology is 3.4 years old.


  IDEA MARKET CAP


The current market capitalization for Ideaology is $765,103.

Ideaology is ranking downwards to #2675 out of all coins, by market cap (and other factors).


  IDEA VOLUME


There is a modest daily trading volume on #IDEA.

Today's 24-hour trading volume across all exchanges for Ideaology is $71,621.


  IDEA SUPPLY


The circulating supply of IDEA is 500,000,000 coins, which is 100% of the maximum coin supply.


  IDEA BLOCKCHAIN


IDEA is a token on the Ethereum blockchain.


  IDEA EXCHANGES


IDEA has limited pairings with other cryptocurrencies, but has at least 4 pairings and is listed on at least 2 crypto exchanges.

View #IDEA trading pairs and crypto exchanges that currently support #IDEA purchase.


  IDEA RESOURCES


Websiteideaology.io
Whitepaperglobal-uploads.webflow.com/5eaabc1f881f9827599091f...
Twitterideaologyio
Mediumideaologyio


  IDEA DEVELOPER NEWS



A Heartfelt Chat with Our Ideaology Family (KuCoin)

Hey There, Ideaology Community & IDEA Holders! Our experts recently had a heartfelt chat with the Ideaology community, where we shared the latest updates on our products and explored the exciting partnership between Ideaology and KuCoin. We are thrilled to have you all join us for this session as we discuss the future of blockchain innovation and the opportunities that lie ahead. — Opening Words - Co-Founder (Hammad): Good evening and welcome, everyone! We are delighted to have you here today. I know you are all eager to learn more about Ideaology, the platform that empowers blockchain innovation through the development of blockchain-based applications. Our native token, IDEA, plays a crucial role in fueling our platform and providing various benefits and opportunities for our users and investors. Before we dive into the Q&A session and share our roadmap with you, let me give you a brief introduction to who we are and what we do. Now, let’s get started and explore what we have achieved and what we are currently working on! — Pre-Collected Questions - — Q. What is Ideaology? - A. Hammad: Ideaology is a blockchain platform that brings together entrepreneurs, developers, investors, and freelancers to collaborate and realize their ideas. It offers a decentralized space for individuals and businesses to work on projects and create value together. — Q: Can you explain the reasons behind transitio...




Good News For Ideaology Family- IDEA Token will swap through Polygon Network is Possible Now

Are you ready to revolutionize your token development experience? Look no further than the Polygon network. With its efficient and cost-effective services, Polygon is changing the game in the blockchain world. And with the emergence of IDEA Token, the possibilities are endless. Imagine seamless swapping and low gas fees becoming a reality for IDEA Token holders. That’s the power of Polygon Token Development. With this innovative platform, you can engage in a whole new level of token development that is both beneficial and exciting. So, if you’re ready to take your token development to the next level, it’s time to explore the opportunities that Polygon network and IDEA Token have to offer. Don’t miss out on the chance to be a part of this game-changing revolution. — What is Polygon Token Development? - Polygon Token Development refers to creating and deploying custom tokens on the Polygon network. This network, known initially as Matic, was designed to enhance transaction speeds and reduce costs on blockchain networks. Leveraging Open Zeppelin's templates, businesses and developers can effortlessly create tokens on the Polygon network, enjoying benefits such as Ethereum compatibility, security, scalability, and ease of coding. The Polygon Token Development Company offers tailored token development services for businesses globally, ensuring efficient and secure token creation on various blockchain platforms, i...




Everything You Need to Know about Ideaology’s NFT Voting Platform

As we all know that staking cryptocurrencies can give you good returns. But what if you could also make money by staking your non-fungible tokens (NFTs)? That’s possible now! NFTs have created new ways for investors to earn more income. In the past, only billionaires could make passive income from high-interest rates on savings accounts. But now, banks don’t pay much interest on your money, and sometimes they even take fees from your savings! That’s why people are looking for other ways to make income. People want to have a say in Ideaology’s decisions, so they are voting with their IDEA tokens. This is a good way to influence the project. In this blog, we’ll tell you all about IDEA voting and Ideaology’s voting platform! — What is a Voting Platform? - A voting platform is an online tool that allows people to share their views and vote on different proposals or choices. It acts as a democratic way for stakeholders to influence the direction and decision-making processes of an organization. Ideaology’s Voting Platform aims to engage its community and investors in forming the platform’s future. — How Ideaology’s Voting Platform Works - — Proposal Presentation - Ideaology communicates its plans and alternatives to the community, explaining potential strategic moves. These proposals are clear-cut, ensuring participants have a complete understanding of each option. — Rewards - Ideaology...




How to Effectively Manage a Team of Freelancers in Web3 Business?

It is true that Web3 will continue to grow and with that growth, new chances will present themselves. As it grows the more popular it becomes. Especially as a freelancer, you’ve likely heard the word Web3 thrown around a lot. Part of building a profitable freelance career is understanding new technologies as they apply to your area of expertise. Web3 is sweeping all industries and it will not be so long before it touches you too. You can build an effective career by working hard. But the question is, how to effectively manage a team? In this article we are going to dive into the world of Web3 and how you can manage a team of Web3 in your freelance career. — The difference between managing freelancers vs. in-house employees - There are two options for a small business owner when it comes to hiring staff. Either they hire a freelancer or a full-time employee. Both have their benefits and drawbacks. These are the differences between managing freelancers vs in-house employees. — Tips to help manage your team of freelancers - Hiring a freelance team provides benefits in several ways for both the business and the freelancer’s team. Reducing expenses and it saves time are the benefits of working with a freelancer team. Here we will discuss some tips to make sure you are managing your team effectively. — Nurture your relationships with freelancers - You’ll want to make sure your freelancer feels comfortable as ...




WorkAsPro Payment Token Options & Why IDEA is Preferable?

WorkAsPro, like many other online platforms, offers several payment options for its users, including; BNB, DAI, USDT, MATIC, IDEA, BUSD, IDEA can be a preferable option for some users for their volatility and subject to price fluctuations. As such, it’s important for users to carefully consider the risks and benefits of using cryptocurrencies for payment, and to do research and stay up-to-date on the latest news and trends in the cryptocurrency market. Using IDEA Tokens for payment methods can be a way to offer more options, reduce costs, access new markets, and provide more stability and security for its users. — Token Available for Buy or Sell Services (Options) WorkAsPro - It is important to note that payment options may vary depending on the user’s location and currency and that fees may apply for certain payment methods. Users should carefully review WorkAsPro payment policies and fees before making or receiving payment for services. USDT is widely used by cryptocurrency traders and investors as a way to move funds quickly and securely between different exchanges and platforms. It is also used by some freelancing platforms, such as WorkAsPro, as a payment option for freelancers who want to receive payment in cryptocurrency. This means that each USDT token is supposed to represent one US dollar in value, and is backed by reserves of US dollars held in reserve by the issuer. IDEA Token is a cryptocurrency that ...




A Candid Discussion with Our Ideaology Community

IDEA Candid Discussion with Our Ideaology Community - Hey There, Ideaology Community & IDEA Holders! Here’s the recap if you, unfortunately, missed our Telegram chit-chat and Twitter Spaces. Our mavericks discussed the recently launched products or are on their way to launch. No harsh feelings if you missed our QAs sessions on Telegram and Twitter; we’ll tell you what the questions were and how our mavericks answered them here! — Participants. — Our 4 Mavericks took part in those sessions and cleared questions in the audience’s minds about IDEA: Chief Dreamer 🌟 (Founder & CEO) Captain Sparkle ✨(Co-founder) Debugging Duckling 🐥 (Tech Lead) PR Pixie 🧚‍♀️ (Marketing Manager) PR Pixie 🧚‍♀️ was the host of the session! — Opening Words - Chief Dreamer 🌟: Good evening, everyone! Thanks to everyone that you guys joined. So, I’m assuming that most of you know us, “Ideaology” and, of course, the IDEA token. Let me introduce it to those who don’t know who we are, what we do, and what IDEA is. Ideaology is a platform that promotes blockchain by developing blockchain-based applications. IDEA is a token for this platform that uses in different applications and for crypto investment, of course! Okay, I think that’s enough introduction. Let’s move forward to our Question & Answers session, for which we all are here. I’m excited to share our roadmap with you...




What Is Play to Earn and How Can You Cash Out?

Play-to-earn games are business models that are built on the Blockchain and include internal models that provide tokens to players for completing specific tasks. Gamers can collect crypto as they play, earning in-game non-fungible tokens that show different characters and items. Players can earn several hundred dollars a month by playing these games, and sometimes much more, as some sought-after NFTs can sell for dollars. Gamers can choose to keep these tokens using a cryptocurrency exchange. When they play to earn money, they can withdraw through their local currencies or hold on to the Blockchain in the form of other currencies such as Ethereum and Bitcoin. — What are play-to-earn games? - The term play-to-earn money tells you a good indication of these games and it means to play and earn. A gamer can earn money by playing games. These games have been around since 2017, at that time crypto kitties took off, but have emerged form as one of the standout use cases for Blockchain in the last few years. Play-to-earn games enable users to generate a steady stream of crypto income from these games. Their mechanism may vary, but rewards are usually earned by staking and generating tradable NFT items. Mainly in Blockchain games users depend on the random probability to earn profits. These are the business models and economies where users can work for income. — How do play-to-earn games work? - With the help of a mixtu...




What Are Crypto Tokens, and How Do They Work (IDEA)

In a world where digital currencies reign supreme, crypto tokens have emerged as a unique and increasingly popular asset. But what exactly are crypto tokens, and how do they work? In this article, we’ll dive into cryptocurrency tokens, exploring their definition, types, and of course, our favorite IDEA token, so you can better understand this fascinating and ever-evolving aspect of the cryptocurrency landscape. — What Are Crypto Tokens? - A crypto token is a digital representation of an asset or interest that is tokenized on an existing cryptocurrency’s blockchain. While crypto tokens and cryptocurrencies share many similarities, cryptocurrencies are primarily designed to function as a medium of exchange, a means of payment, and a measure and store of value. There are many different types of tokens in the crypto space, including utility tokens, security tokens, and governance tokens, each with its unique characteristics and use cases. Some tokens are tied to specific blockchain platforms, while others can be used across multiple platforms. Investing in tokens like IDEA Tokens can be a way to gain exposure to a particular project or industry. Still, conducting thorough research and due diligence is essential before making any investment decisions. As with any investment, risks are involved, and it’s crucial to understand the potential benefits and drawbacks before committing to any funds. — History of Crypt...




A Beginner’s Guide to Buy Virtual Land in Manialands

Those who want to diversify their holdings into the virtual world must buy NFT real estate in Manialands. When it comes to virtual land ownership platforms, no one does it better than Manialands, which is why so many gamers, artists, and would-be entrepreneurs use it. The value of real estate in the metaverse may be one day rival that of real estate in the real world. When you purchase land, you are actually purchasing a unique NFT that cannot be replicated. The value of real estate in the metaverse may be one day rival that of real estate in the real world. When you purchase land, you are actually purchasing a unique NFT that cannot be replicated. Keep reading to learn everything you need to know about the Ethereum-based metaverse and Manialands before buying a plot of land there. — What Does Virtual Landscape Mean? - As an investment, real estate has no equal. Virtual real estate is a form of intangible land found in online games and simulations. Similar to how physical land is sold in parcels, users can acquire virtual land by spending the currency of the platform on which it resides. Several virtual worlds now allow for the purchase of the virtual property. Manialands is becoming the best place to buy virtual land. — How Does NFT Real Estate Work? - Virtual NFT real estate is similar to physicalz real estate. On the other hand, investing in physical real estate is a more time-consuming and involved process....




Invest in the Future of Blockchain with IDEA Token’s Products and WorkAsPro Platform, Now Live

Ideaology is a blockchain development company that is leading the charge in creating a decentralized ecosystem of products powered by their very own cryptocurrency, IDEA. Their suite of products includes WorkAsPro, Manialand, and play-to-earn games, all of which are set to revolutionize their respective industries. — Introducing IDEA Token - IDEA token is the native cryptocurrency that powers Ideaology’s ecosystem of products. By utilizing IDEA, users can access Ideaology’s suite of products while also participating in community-driven decision-making through Ideaology’s DAO (Decentralized Autonomous Organization). With a limited supply of 500 million coins, IDEA is a valuable asset for investors and users alike. — WorkAsPro: The Future of Freelancing - WorkAsPro is a blockchain-based freelancing platform created by Ideaology. The platform provides a secure and transparent environment for freelancers to showcase their skills and find new job opportunities. With blockchain technology, WorkAsPro ensures timely payments and a seamless experience for freelancers and employers. One of the key benefits of WorkAsPro is the use of smart contracts. These contracts ensure that all parties involved in a project fulfill their obligations and that payment is automatically released once the work is completed to the satisfaction of the employer. This reduces the risk of disputes and ensures all users a fair and transparen...




  IDEA NEWS


Gary Gensler Has No Idea What Security Is According to This Pro-Ripple (...

    John E Deaton - a US attorney who represents thousands of Ripple investors in the lawsuit against the US Securities and Exchange Commission (SEC) - launched another bashing manifest towards the agency's Chairman - Gary Gensler. The latter has been criticized for his negative approach to the cryptocurrency industry, with some arguing that the Commission's stance could push talent outside the States. Gensler Must Go Deaton took it to X (Twitter) to claim that the Chairman of the SEC has 'no clue' what security is. The agency he is in charge of filed a lawsuit against Ripple in December 2020, accusing the blockchain enterprise of raising funds years ago by selling XRP tokens as unregistered security offerings to retail investors. However, a court decision from mid-July determined that the sales did not constitute an offer of investment contracts. Apart from striking the SEC's ambition to win the case, the ruling positively affected XRP's price, which skyrocketed by over 70%. Deaton also added that Gensler 'completely ignores the fact that the US securities laws do not apply to the purchase of an asset for non-investment use cases,' urging him to vacate his position. A few days ago, the attorney argued that the regulator could use all its options to postpone the final outcome of the lawsuit but does not see how it could prevail. 'Should an early appeal be granted, it will take another year and a half to two years for the US Court of Appeals for the ... read More



Stronghold's Idea to Burn Tires to Mine Bitcoin Triggers Uproar in the U...

    One of the leading cryptocurrency mining companies - Stronghold Digital Mining - is reportedly planning to use tire-derived fuel (made of shredded vehicle tires) in its operations in the state of Pennsylvania.  Burning such items is a toxic process that contaminates the nearby air, water, and soil. As such, it is no surprise that some locals and green activists are firmly against it. Mining BTC Via Such a Method is 'Really Unacceptable' According to a coverage by The Guardian, Stronghold seeks to burn tires and employ the generated energy into mining bitcoin: a controversial move due to its anti-green nature. While the miner claims it will repurpose waste, others have argued that such a process causes pollution and is highly dangerous for people's health. Burning tires releases toxic chemicals into the atmosphere that can be linked to cancer, lung diseases, or birth defects.  Stronghold spokesperson - Naomi Harrington - told the media outlet that substances like tire fuel 'are especially needed when the quality of the coal refuse is low in energy content.' She also revealed that Stronghold has already obtained a permit to test the use of tire-derived power and now aims to secure authorization to use 78,000 tons of it. One controversial fact is that the US Environmental Protection Agency has previously described burning vehicle tires as a preferable method to landfilling them.  However, residents of Carbon County, Pennsylvania (where Stronghold ho... read More



Economist Lord Jim O'Neill Calls BRICS Currency Idea 'Ridiculous'—...

    Lord Jim O’Neill, the British economist credited with coining the acronym BRIC, calls the creation of a common BRICS currency “ridiculous,” emphasizing that the BRICS nations have 'never achieved anything since they first started meeting.” He added: 'It’s a good job for the West that China and India never agree on anything, because if they did the dominance of the dollar would be a lot more vulnerable.'Lord Jim O'Neill Slams Common BRICS Currency Idea British economist Lord Jim O'Neill shared his view on the proposed single BRICS currency in an interview with the Financial Times this week. The BRICS leaders are set to meet at the economic bloc’s 15th summit on Aug. 22-24 in Johannesburg. South Africa is the host of the BRICS summit this year. However, there are mixed reports on whether the creation of a common BRICS currency will be discussed at the summit. O’Neill, a former Goldman Sachs economist, coined the acronym BRIC over 20 years ago to describe the economic potential of Brazil, Russia, India, and China. South Africa joined the group a few years later, and the acronym was changed to BRICS. O’Neill is now a senior adviser at U.K. think tank Chatham House. The economist asserted that the BRICS nations had “never achieved anything since they first started meeting” eight years after he created the phrase in a 2001 research note. He believes that a common currency for the BRICS economic bloc would be unfeasible, st... read More



Is It A Good Idea To Buy Curve Now? Here's What This Founder Thinks

    In the wake of a massive exploit, the price of the Curve (CRV) token has declined drastically, recording double-digit losses in the last day. This has led to what some would call an opportunity to buy cheap coins and Matrixport and Bitdeer founder Jihan Wu is one of the believers. A Good Time To Buy Curve (CRV)? Jihan Wu recently tweeted that he bought the CRV dip. According to Wu, he remains a strong believer in the token because of its future applications. Wu’s tweet comes at a time when Decentralized Finance (DeFi) platform Curve DAO’s native token CRV has been down by more than 12% in the last 24 hours. This dip came following an exploit in some of Curve’s stablecoin pools.  The exploit on the protocol reportedly occurred due to a bug in the Vyper programming language, which is used to power part of the DEX’s ecosystem.  Despite this occurrence, Wu believes that this is a good time to invest in the CRV tokens as these tokens will play a significant role in the coming RWA (Real World Assets) wave in reference to the tokenization of physical assets. “In the coming RWA wave, $crv is one of the most important infrastructures. I have BTFD. NFA,” the founder said in the tweet. Without a doubt, the tokenized industry is growing and boasts immense potential. Last year, a World Economic Forum survey projected the tokenized assets industry to account for almost 10% of the global GDP by 2027.  The tokenization of real-world assets ... read More



FTT Explodes 35% on FTX Revival Idea

    The price of FTT - the native token of the once-leading cryptocurrency exchange - has surged by over 35% for the past 24 hours following the announced reboot bidding process. The coin has been on a massive downtrend since the marketplace's demise in November. According to a recent report, John Ray - the current CEO and Chief Restructuring Officer of FTX and its affiliated debtors - said the company has moved ahead with its plan to reboot. Specifically, the former crypto giant 'has begun the process of soliciting interested parties to the reboot of the FTX.com exchange,' he explained. The potential restart of the platform could be financed by investors, with blockchain lending company Figure assumingly being one of the interested entities. FTT reacted positively to the rumors, spiking by over 35% on a daily basis. As of the moment of writing these lines, it trades at a two-month high of approximately $1.70, whereas a few hours ago, it reached $1.83 (per CoinGecko data). FTT Price, Source: CoinGecko CEO Ray has supported the plan of reviving FTX ever since he replaced Sam Bankman-Fried at the helm. The idea received support from well-known names in the finance world, including Tribe Capital which considered leading a $250 million fundraising campaign. A court filing from last month where Ray outlined that the reorganization would include a bidding process intensified the rumors. The new boss has criticized the former management team, saying they have comingled custom... read More



Democratic Senators Push Against Meta's Idea of Bringing the Metaverse t...

    Meta, the social network company, is getting some pushback on its plan to market and bring Horizon Worlds, its flagship metaverse app, to teens. Democratic senators Ed Markey and Richard Blumenthal directed a letter to the company to halt these actions, citing concerns about the interactions that teens could have in Meta's virtual worlds.Meta Sees Opposition to Metaverse Adoption Plans for Teens Two Democratic senators have written a letter asking Meta to stop its recently reported plan of opening its metaverse world to teens. Ed Markey and Richard Blumenthal, Democrat senators from Massachusetts and Connecticut, criticize the idea of opening Horizon Worlds, Meta's flagship metaverse app, to teens 13 years and up, citing diverse factors that might endanger them through the interactions available in this virtual world. The letter differentiates between standard virtual reality experiences and Horizon Worlds, explaining that 'the cumulative set of immersive virtual reality experiences a teenager would confront on the socially-driven Horizon Worlds are distinct from their use of a virtual reality headset to, for example, play a specific single-player game. Inviting young teens into this environment, therefore, poses serious risks.' Markey and Blumenthal call for halting the plan to protect the health of these young users and their privacy in the metaverse, calling out the company for its previous mistakes involving this demographic. Meta's Teen Adoption Push The Wall Street Jou... read More



The Company Behind the BAYC Rides the Idea of a Newly Inscribed Existing...

    [PRESS RELEASE - Berlin, March 3 - 2023] The Fold12 project has just announced the release of its Bitcoin blockchain NFT collection, which runs on the Ordinals protocol; meanwhile, Yuga Labs, the company behind the Bored Ape Yacht Club, after being caught stealing their logo, BAYC decided to borrow the idea of an existing NFT collection from the fold12 project. Fold12 launched its first auction on the Bitcoin blockchain and via the Ordinals protocol this week: the auction-like mechanics offers a 300-piece NFT collection, which is also the first auction on the Bitcoin blockchain. The NFTs are arranged in the form of a 12×12 grid, representing the data structuring of the Bitcoin blockchain. Compressed by the webp algorithm, it allows to achieve a 10x compression resulting in lower commissions when storing an image on the Bitcoin network. Each NFT incorporates both the 3D elements and hand-drawn components. On the right-hand bottom of the NFT users can identify the number of the Fold12 NFT, with the project’s logo displayed on the bottom left. The collection is fully hosted on the Bitcoin network and has got the confirmation of their NFT release priority against the YL both on the Bitcoin network and in the Ordinals protocol registry, with the first mints already inscribed. In order to participate in the auction the users need to create their wallet and deposit it with Bitcoin, which unlocks the NFT bidding mechanics. The auction for each image lasts for 20 minutes an... read More



Makerdao Co-Founder Proposes $14 Million Fund to Combat Climate Change; ...

    Cryptocurrency advocates have been discussing a proposal by the founder of Makerdao, Rune Christensen, to fund a Scientific Sustainability Fund. An idea that aims to combat climate change and misinformation about energy solutions. Christensen is asking for 20,000 MKR tokens to move forward with the idea. The draft of the Maker Constitution was criticized on social media, with one person comparing Christensen's idea to the Effective Altruism movement, which is backed by the controversial FTX co-founder Sam Bankman-Fried.Makerdao Co-Founder's Climate Change Initiative Meets Mixed Reactions A recent Makerdao Maker Improvement Proposal (MIP) by co-founder Rune Christensen proposes using 20,000 makerdao (MKR) tokens to fund a Scientific Sustainability Fund. According to Christensen, 'Scientific Sustainability is a core principle of the Maker Constitution that recognizes the unique critical relationship between financial infrastructure and the global environmental risks of climate change,' This statement was made in a post on the Makerdao forum. Christensen is a staunch climate change activist that wants the fund to combat 'misinformation about energy solutions that have proven, real life track records of achieving scalable decarbonization.' At the time of writing, 20,000 makerdao (MKR) tokens is roughly around $14 million using today's exchange rates. Although Christensen believes the science of climate change is settled, there are still those who deny its existence and many peop... read More



Sri Lanka Dismisses Tim Draper's Idea to Combat Corruption With Bitcoin

    Nandalal Weerasinghe - Governor of the Central Bank of Sri Lanka - rejected Tim Draper's idea to eliminate corruption in the country by embracing bitcoin. The banker argued that adopting the primary cryptocurrency could worsen the economic situation of the nation. Dismissing the Bitcoin Concept The American venture capital investor recently visited Sri Lanka to shoot an episode of his TV show 'Meet the Drapers.' He also held discussions with the President of the country - Ranil Wickremesinghe - and the Governor of the central bank - Nandalal Weerasinghe - regarding the financial crisis reigning in the region and the possible solutions that could ease the turbulence. Draper claimed that Sri Lanka has emerged as a 'corruption capital' and suggested shifting towards bitcoin to get on the right track: 'Have you seen Sri Lanka in the news? It's known as the corruption capital. A country known for corruption will be able to keep perfect records with the adoption of Bitcoin.' Tim Draper. Source: TechCrunch Weerasinghe, though, was not open towards the idea, claiming 'the adoption of 100% bitcoin won't be a Sri Lanka reality ever.'  The Governor believes technologies different from the leading digital asset could successfully distribute monetary services and boost financial inclusion in the country.  'We don't want to make the crisis worse by introducing Bitcoin,' he concluded. The economic condition of Sri Lanka is quite concerning, with inflation surging above 54%. T... read More



Dogecoin Price Falls, Is It A Wise Idea To Short?

    The Dogecoin price has remained motionless over the past several weeks. In recent times, due to constant lateral trading, DOGE lost the $0.072 support line. Over the past 24 hours, the coin has dipped nearly 3% on its chart. The meme coin has only moved 0.7% in the last week. As Bitcoin started to act wobbly on its chart, many altcoins that had made gains started to retrace on their respective charts. Technical indicators, however, suggest that the asset might register gains over the next trading session. The coin has registered a fall in demand on the chart, but that is not supposed to last for long. Although DOGE had pierced through several support lines, the coin could soon make up for the loss. The crucial resistance mark for Dogecoin stood at $0.078. Buying pressure has to return to the market for Dogecoin price to target a move above $0.078 and attempt to trade near $0.080. Touching the $0.080 mark will invalidate the bearish thesis for a significant period of time. The market capitalization of Dogecoin did not indicate that bears were crawling back into the market. Dogecoin Price Analysis: One-Day Chart DOGE was selling at $0.070 at press time. The coin was secured on top of its $0.066 support line, but a fall from the $0.066 level will ensure that the bears are completely back. Overhead resistance for the coin stood at $0.072 and then at $0.078. As far as the indicators are concerned, the Dogecoin price shall not have too much difficulty moving above the $0.072 leve... read More



Bitcoin Turns 14: Genesis Day and Satoshi's Idea of Monetary Sovereignty

    The streak of bankruptcies and price declines has dampened glimmers of positive progress. But Bitcoin just turned 14 today. January 3 is known as Bitcoin Genesis Day for the first block of BTC ever mined by Satoshi way back in 2009, which paved the way for the cryptocurrency as we know it today. The first block on the network hosts a single transaction - the 50 BTC block reward - sent to the pseudonymous creator(s) for mining it. The BTC mining rewards are yet to be touched. Since the creation of Satoshi's revolutionary monetary system and its intrinsic currency, a lot has changed. 'Chancellor on the Brink of Second Bailout for Banks' The Genesis block essentially reflects Satoshi's rejection of the centralized infrastructures of the current fiat system. The developer, instead, believed in decentralized pillars that were cryptographically secured in a mathematically verifiable digital system. Clearly, the old system was failing, shaking people's faith in banks. Building a new one without all of the controls and perils meant that coincided with the climactic unraveling of the global economy was a major milestone. Satoshi did not stop there. Before mysteriously disappearing, they covertly coded into the genesis block with an 'Easter Egg.' 'The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.' The above text is a headline for an article in the edition of The [London] Times about the British government's failure to stimulate the economy after the 2007-08 financi... read More



The Grand WAHED PitchFest – Pitch Your Idea and Win 25,000 USDT

    PRESS RELEASE. WAHED is delighted to announce the Grand WAHED Pitchfest, an opportunity for entrepreneurs and innovators to secure funding for their next world-changing idea. Founders are invited to present their ideas to the WAHED Team, and the most innovative idea stands to win 25,000 USDT in a funding grant. With the cryptocurrency market being rocked by the collapse of FTX, the WAHED Team wants to go back to basics and keep incentivising innovation in Web 3.0. Bull markets come and go, but the desire to drive value independent of this price action deserves to be rewarded. Builders, entrepreneurs and the world’s brightest minds are coming together to deliver on the lofty promises of Web 3.0. WAHED is bringing together an expansive community of philanthropists, donors and investors who can make this vision a reality. WAHED is focused on working with start-ups and businesses that embrace sustainability. Ideas that stand to bring social and environmental value while generating profits deserve guidance and strategic assistance. If you believe that your idea has what it takes to bring about real-world change, become a part of the Grand WAHED Pitchfest by following the link below. About WAHED WAHED is a next-generation investment platform and ecosystem powered by WAHED Coin. By embracing blockchain technology, WAHED aims to improve transparency in investment and philanthropic initiatives. Thanks to the global nature of blockchains and cryptocurrency, anyone can get invo... read More



Idea of Tech-Driven Regulatory Framework Under G20 Receives Mixed Reacti...

    A day after Indian Finance Minister Nirmala Sitharaman spoke about her plans to work towards a tech-driven regulatory framework for cryptocurrencies under the aegis of G20, industry leaders offered mixed reactions to her statements.     Sitharaman spoke about crypto regulations to reporters on the sidelines of the fall meetings at IMF, World Bank, and G20 Finance Ministers and Central Bank Governor (FMCBG) in Washington last week, media reports said.  Positive but Contradictory  India Blockchain Forum's Co-founder Sharat Chandra said Sitharaman's statement that technology should not suffer to uphold regulation has 'sent a positive message to builders and entrepreneurs in the crypto-tech space. It's a significant development for the digital asset and fintech industry,' India's Outlook reported.  Singapore-based Wen 3 venture capital firm Reflexical Pte's founder Ajeet Khurana said the Indian finance minister's stance of supporting the technology but not the underlying economics is contradictory.  “Even if it is a tech-driven regulatory framework, sooner or later, all governments will have to take an unequivocal stance on digital assets,” - Khurana explained.  Web3 analytics firm GoSats' CEO Mohammed Roshan noted that tech-driven crypto regulation looks to be a close possibility now.  “With the crypto industry and its stakeholders desperate in search of clarity in terms of regulations, an overarching tech-driven leg... read More



Why Investing In Terra Classic (LUNC) May Be A Bad Idea

    The value of Terra Classic (LUNC) had plunged to below zero following the largest crash ever seen in the crypto space. The cryptocurrency had refused to ‘die’ and has instead found favor among crypto investors who are trying to make a quick buck from the highly volatile cryptocurrency. However, even with multiple pumps, investing in LUNC may not be as good an investment as some users expect due to a number of factors. Uncertainty In Terra Camp After the crash of the Terra network that caused users to lose billions of dollars, Terra founder Do Kwon and others had gone on to make another token which was airdropped to holders. But even this new cryptocurrency is having a tough go of it. Most of the issues have arisen with the case against Terra founder Do Kwon and other associates. The hunt for the founder had escalated after South Korean authorities had issued an arrest warrant for him. Even though Kwon had taken to the social media platform Twitter to ‘plead’ his case and say that he was not on the run from authorities, the South Korean authorities had countered his claim that they had been unable to reach Kwon. Singaporean police had further confirmed that the Terra founder was no longer in the country, where he had moved earlier in the year. Then on Monday, September 26th, it was confirmed that the International Polic (Interpol) had issued a red notice for the founder. This red notice means that wherever Kwon is, Interpol will charge local law enfor... read More



Bitcoin Interest-Bearing Accounts Were Conceived Over 10 Years Ago, but ...

    While decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters, Bitcoinica eventually went bust after a series of hacks that saw roughly 62,101 bitcoin stolen from the exchange, and interest-bearing crypto accounts did not return until eight years later.Bitcoin Interest-Bearing Accounts Were Introduced by Bitcoinica in 2012 These days, interest-bearing accounts and yield-gathering defi protocols are all the rage in the world of cryptocurrency, but most people don't know that the idea was introduced more than a decade ago. In mid-February 2012, the now-defunct bitcoin exchange, Bitcoinica, developed an idea that allowed bitcoin deposits on the exchange to gather interest. The idea was announced by the 18-year-old Zhou Tong, a bitcoin enthusiast who founded the exchange the year before. Bitcoinica saw 3,724.12 BTC, worth $71.56 million today, traded during the trading platform's first 24 hours of operation. By September 2011, Bitcoinica was the second-largest bitcoin trading platform by volume behind Mt Gox. 'We are glad to announce that we have started the public test run of our interest system,' the Bitcoinica founder wrote on February 13, 2012. 'We are the first website to offer interest for Bitcoin deposits. This post is intended to explain how t... read More



V2B Labs Judges the Eventful Blockchain Business Idea Pitch Day Alongsid...

    [PRESS RELEASE - Please Read Disclaimer] V2B Labs had an amazing time being part of Ideathon Pitch Day, a blockchain event organized by the Algorand in Tokyo on last May 14, 2022. On May 14, 2022, Algorand successfully organized the Blockchain Business Idea Pitch, joined by well-known Japan Accelerator mentors, overseas Algorithm founders and VCs, all specializing in cryptocurrency and blockchain technology. V2B Labs was proud to participate in the event as judges. This was a once-in-a-lifetime opportunity for V2B Labs to dive deeper into the Japanese blockchain market at the Business Idea Pitch Day. Japan is a notable leader in blockchain in Asia and the world recently being called, “the golden mine for blockchain adoption”. Its embrace of blockchain technology is admirable for countries that intend to foster crypto adoption. This Idea Pitch Day was joined by some of the most promising and popular blockchain firms in Japan such as: ABS?????, CurveGrid, IncubateFund, EXDmusic ??????, etc, which created a great networking opportunity as V2B labs sought to spread its brand presence to the blockchain global community. The event exceeded expectations with the participation of up to 10 blockchain startup projects focusing on the biggest blockchain trends such as the Metaverse, NFTs, GameFi, Protocols, etc. A highlight of the Pitch Day is the level of competitive ideas presented by the teams which was empahsized by their inclination to blockchain as a mondatory technolo... read More



Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sancti...

    The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions. Employing Bitcoin to Evade Sanctions Not Possible, Central Bank of Russia Says Bank of Russia considers it impossible to use cryptocurrencies to circumvent financial restrictions imposed over the military conflict in Ukraine. That's according to a statement by the central bank's First Deputy Governor Ksenia Yudaeva, issued in a reply to a proposal by a member of the State Duma, the lower house of Russian parliament. Anton Gorelkin, a lawmaker from the ruling United Russia party, had suggested that Russian companies and individual entrepreneurs should be allowed to make payments in digital currencies, including for settlements with foreign partners. He thinks the establishment of a Russian national crypto infrastructure in response to the sanctions introduced by the West is inevitable. Central bank officials are convinced, however, that transfers of large amounts of money in cryptocurrency by Russian businesses would not be feasible. Quoted by the RIA Novosti news agency, Yudaeva pointed out that regulatory authorities in the EU, U.S., U.K., Japan, and Singapore have started to implement preventive measures. Digital asset platforms such as crypto exchanges are also adopting restrictions amounting to denial of access... read More



Idea to Use Digital Ruble as Reserve Currency Circulated in Sanctioned R...

    A call to make the digital ruble a reserve currency has been issued in the State Duma, the lower house of Russia's parliament. Meanwhile, concerns have been raised in the West that the new incarnation of the Russian fiat may be employed to evade sanctions that have been isolating the country. Digital Ruble to Serve as Reserve Currency, Lawmaker Suggests In the face of mounting Western penalties, officials in Moscow have been mulling over ways to circumvent restrictions that have already limited Russia's access to its foreign reserves and the global financial market. Sergei Mironov, who leads the opposition 'A Just Russia' faction in the Duma, urged the federal government, the central bank, and the operational headquarters on countering sanctions to introduce the digital ruble, Russian media and Forklog reported. The high-ranking parliamentarian has been quoted as saying that the goal of the initiative is to issue the central bank digital currency (CBDC) for specific purposes like financing of housing and other construction projects, as well as development of production and transportation infrastructure. 'The digital ruble should become a full-fledged investment and reserve currency for Russia,' Mironov elaborated. The deputy believes the CBDC will provide the Russian economy with needed funding without boosting inflation. The digital rubles cannot be deposited abroad or used for non-intended purposes, he added. Western allies fear Russia may use cryptocurrencies, including t... read More



Diem's Downfall: From an Ambitious Single Global Digital Currency ...

    Throughout its relatively brief history, Facebook's digital asset project Diem (known initially as Libra) managed to capture the attention of the cryptocurrency community and, perhaps more importantly, global regulators. Over the years, it changed its concept, mission, and core idea several times, while watchdogs claimed it works against financial sovereignty and monetary stability. Additionally, there were worries concerning the lack of privacy, given Facebook's history. Despite the various transitions, which the project went through to remain relevant, the group behind Diem ultimately had to sell its intellectual property and technology assets to the American financial institution – Silvergate Bank. Thus, Zuckerberg's idea to launch a single global digital currency failed rather painfully. The Birth of Libra It all started in June 2019 when Morgan Beller, David Marcus, and Kevin Weil created Libra – a digital asset project backed by Facebook. Initially, it was intended to issue a stablecoin as the team behind it raised hopes it could grow to become a global payment method. The initiative was met with mixed feelings from the crypto community. Being backed by arguably the largest social media company attracted significant attention but not always in a positive way. While there were some that believed in the project, the majority doubted if such an ambitious idea will ever see the light of day. Nevertheless, many companies from the traditional financial space initi... read More



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