|All Time High:
|The price of #SOLVE today is $0.021 USD.
The lowest SOLVE price for this period was $0, the highest was $0.021, and the current live price for one SOLVE coin is $0.02125.
The all-time high SOLVE coin price was $0.61.
Use our custom price calculator to see the hypothetical price of SOLVE with market cap of ETH or other crypto coins.
|The code for SOLVE crypto currency is also #SOLVE.
SOLVE is 5.1 years old.
|The current market capitalization for SOLVE is $14,767,362.
SOLVE is ranked #594 out of all coins, by market cap (and other factors).
|The trading volume is medium today for #SOLVE.
Today's 24-hour trading volume across all exchanges for SOLVE is $192,858.
|The circulating supply of SOLVE is 695,000,000 coins, which is 70% of the maximum coin supply.
More SOLVE (#SOLVE) News
|Jordan Peterson Sparks Debate On How Bitcoin Can Solve Major Banking Pro...
The flagship cryptocurrency, Bitcoin, was created with the goal of disrupting the traditional financial system. In support of this, Best-selling Author and Clinical Psychologist Jordan Peterson has suggested that customers should abandon the banking system and probably adopt Bitcoin.
Jordan Peterson Says Bitcoin Over Banks
Peterson was making this suggestion in response to a news report that Macquarie Bank, Australia’s fifth largest bank, was planning to transition to a digital-only banking system by November 2024. In line with this, the bank will begin phasing out cash, cheque, and phone payment services as part of its offerings.
The psychologist quoted the report and stated, “Maybe it's time to scrap Banks,” and further quizzed, “Could Bitcoin fix this?”
Maybe it's time to scrap
Bitcoin fix this? https://t.co/j6wldXMv7P
— Dr Jordan B Peterson (@jordanbpeterson) September 14, 2023
For one, Macquarie Bank’s decision has been widely criticized as it potentially excludes certain customer groups. Furthermore, this move also highlights one of the problems that cryptocurrencies like Bitcoin aim to solve by giving customers more control over their money.
It is believed that these financial institutions shouldn’t be able to have so much control over people’s finances and decide how they spend their money as these banks could easily implement policies that do not favor or cause difficulties to certa...
|Ridiculous: An Offer of Only $500 to Solve a $5 Million Hack
A security outfit led by ethical hackers who specialize in security audits claimed to be offered a $500 bounty by DxSale Network, a decentralized token launchpad, after informing the platform of a breach that could cost it over $5 million.
The reward is one of the lowest ever offered to a white hat hacker.
$500 Reward for Saving $5 million
Decurity, in a recent blog post, revealed that one of its researchers on June 28, 2023, discovered a bug in an unverified smart contract on the Binance smart chain (BSC) belonging to DxSale and was offered a reward of $500 for their efforts.
According to the firm, investigations exposed a contract logic that was not secure enough to prevent hackers from draining funds locked in the contract during an initial decentralized offering (IDO).
Based on calculations, a total of 21,600 WBNB (wrapped BNB) tokens in the pools worth around $5.2 million at the time of the report could have been stolen if hackers noticed the vulnerability. Meanwhile, the security firm stated:
'Note that this figure reflects the losses that could be inflicted by an exploit that targets a single instance of the locking contract. However, Dx has more locking contracts on BSC and other chains.'
Alleged Poor Response From DxSale
Decurity claimed to contact DxSale after confirming the bug but said they first encountered friction from the project's team, which was initially unresponsive, and later claimed to be aware of the problem. According to the blog post, the team state...
|Edogawa Ward in Tokyo to Use Metaverse Tech to Solve 'Hikikomori' Proble...
Edogawa Ward in Tokyo plans to use metaverse tech to help social recluses, also known as 'hikikomori,' begin to integrate with society again. The ward will organize a series of hybrid (virtual and in-person) meetings this year with the objective of reuniting people with social reclusion problems and helping them in their reintegration process.
Edogawa Ward to Leverage the Metaverse in Hikikomori Reintegration Processes
Edogawa Ward, located in Tokyo, announced that it will offer a series of metaverse meetings as part of the reintegration process for social recluses in the area. The meetings will be held in hybrid form, with social recluses having the opportunity of attending in person or online, allowing a safe haven for meeting and talking about their common problems.
There will be six of these events in 2023, organized by the Kazoku Hikikomori Japan nonprofit, with a capacity for up to 80 participants, 50 in the metaverse platform, and 30 in the designated venue. The meetings will be held in a metaverse space designed by Kazoku Hikikomori, with remote users being able to shield their identities using avatars if desired.
About this initiative, a ward officer explained:
We want to offer a place where they would think 'I want to be there with the others.'
The Hikikomori Issue
The social exclusion (or hikikomori) problem in Japan is a condition that affects some individuals, who seclude themselves from society and decline to have any interaction with others. This c...
|Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboa...
Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by Mubadala Capital and Korelya Capital, with Balderton Capital and Cogito Capital participation. The company explained that these funds would allow it to improve its app further and keep hiring talent.
Ramp Raises $70 Million in Series B Funding Round
Ramp, a company that specializes in providing fiat to crypto and crypto to fiat flows for different Web3 applications, announced it had raised $70 million in its latest funding round on Nov. 9. The funding round, which was co-led by Mubadala Capital and Korelya Capital, with participation from Balderton Capital and Cogito Capital, will allow the company to keep growing even with the current conditions of the market.
According to a press release, these funds will facilitate the operation of the company in the future, giving it the possibility to 'invest further into our product line, add local fiat currencies and payment methods, expand into new territories, and continue to hire the best talent in the market.' This round takes the number of funds raised by the company in the last 12 months to more than $120 million.
With this capital injection, two new executives will also join the company's board: Mubadala Capital’s Frederic Lardieg is now a director, and Paul Degueuse, partner at Korelya Capital, as an observer.
While other companies in the crypto market have faced...
|Celestia Raises $55 Million to Solve Blockchain Modularity Challenge
Celestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital, Protocol Labs, Figment, Maven 11, and Spartan Group, among others.
Celestia Raises $55 Million to Make Blockchain Deployment Easy
Celestia, a project that aims to tackle the problem of blockchain deployment complexity, has announced it raised $55 million as part of combined Series A and Series B funding rounds. The company announced that the funding round was co-led by Bain Capital Crypto and Polychain Capital, with the participation of Placeholder, Galaxy, Delphi Digital, Blockchain Capital, NFX, Protocol Labs, Figment, Maven 11, Spartan Group, FTX Ventures, and Jump Crypto, among others.
The combined funding round was oversubscribed four times, and according to reports, gives Celestia a valuation of $1 billion.
The funds will supposedly allow Celestia to continue building its modular network to allow anyone to deploy their own blockchain in an easy way. According to the company, current-gen blockchains are very difficult to deploy and manage, due to their monolithic design. Celestia's architecture adds a series of layers that offer more decentralization and flexibility.
Mustafa Al-Bassam, co-founder of Celestia, believes this kind of architecture might be the future of blockcha...
|As Crypto Storage is Still a Major Problem, Can NFT integration Solve th...
Now a trillion-dollar market, the crypto ecosystem has withered some of the toughest conditions within its period of existence. However, like any other technological innovation, it is not short of native challenges. This ‘lucrative’ market faces a myriad of shortcomings, including criticisms from regulators and long-standing financial institutions. But the most significant hurdles are currently attributed to the underlying infrastructures.
In a recent interview during the Paris Blockchain Week, Binance CEO Changpeng Zhao identified crypto custody as one of the hardest challenges that remains unsolved. According to CZ, the inaccessible and complex nature of crypto wallets is undoubtedly hindering mass adoption in the digital asset space. He was also keen to highlight that this one of problems he would prioritize given an opportunity,
“If I had no financial pressure, I would want to solve the most difficult problem that is blocking adoption. That would be the problem I would try to solve.”
The Loophole in Crypto Custody
Anyone who has interacted with crypto long enough understands there is a thin line when it comes to storing the newly found wealth. Stakeholders have in the past lost huge sums of money as result of wallet breaches or forgetting one’s seed phrase. As it stands, 20% of the BTC in supply cannot be accessed due to lost private keys.
Is this efficient for an ecosystem touted as the future of finance? While Rome wasn’t built in a d...
|Bitcoin of America Is Working to Solve the Gender Problem in the Crypto ...
The leading virtual currency exchange, Bitcoin of America, announced its return to BTC 2022 in Miami. The company made headline last year for promoting females in a male dominant industry. Once again, Bitcoin of America made a splash at BTC 2022 with its all-female team. Bitcoin of America sent some of their top women executives to the conference. Bitcoin of America has its shown support for making the cryptocurrency inclusive to women and getting more females into the industry.
Bitcoin of America's female team also spoke with the Miami Mayor about ways they can make a change. Mayor Francis Suarez welcomed the all-women team from Bitcoin of America.
Bitcoin of America is known as the leading operator in the cryptocurrency industry to provide fast and hassle-free transactions to their customers while offering top of the line customer support. The company currently operates 2500 Bitcoin ATM locations across the United States and is constantly expands.
The Bitcoin of America team passed around hats and t-shirts with the company's logo and 'women in crypto' embroidery. Bitcoin of America has been known to send their female executive team to attend conferences, expos, and more. They also revealed that most of their top tier positions are held by women. Bitcoin of America's Chief Operating Officer, Operations Manager, Director of Marketing, and Director of Business Development are all run by powerful females.
Bitcoin of America also sent their all-female team in 2021. Alice Gorodet...
|Bitcoin of America Is Working to Solve the Gender Problem in the Cryptoc...
The cryptocurrency industry has a big gender problem when it comes to female involvement. Bitcoin of America (BOA), a popular virtual currency exchange, is looking to solve this major issue. BOA has been very open about their female involvement at conferences, expos, and even within their own company. Bitcoin of America revealed that most of their top tier positions are filled by Women. Their Chief Operating officer, Operations Manager, Director of Marketing, Director of Agent Locations, and Director of Business Development are all run by powerful females.
Bitcoin of America sent their all-female team to the largest Bitcoin conference in the world, Bitcoin 2021 Miami. BOA's female team is hoping to encourage other women to join the industry. Alice Gorodetsky, Director of Business Development, shared her thoughts on the industry. Gorodetsky explained, 'Male presence is huge in the technology sector and in the crypto space. I am excited to be part of an inclusive company like Bitcoin of America who encourages women to succeed in a male dominant industry.'
Bitcoin of America is currently hiring and looking to expand their female team. They are looking to promote women within the cryptocurrency industry and help give them a voice. Jenna Polinsky, Director of Marketing, spoke out about her experiences working in a male dominant industry. Polinsky mentioned, 'I am lucky to be part of a team that values everyone's opinions. I have had a positive experience working for Bitcoin of Ame...
|Elon Musk, Mark Cuban Discuss Using Dogecoin to Solve Twitter Spam Probl...
Shark Tank star Mark Cuban has come up with a way to solve Twitter's spam problem using the meme cryptocurrency dogecoin (DOGE). Tesla and Spacex CEO Elon Musk agrees that it is 'not a bad idea.' Twitter recently accepted Musk's buyout offer.Elon Musk Optimistic About Mark Cuban's Dogecoin Idea
Tesla CEO Elon Musk has been discussing on Twitter how to solve the platform's spam bot problem. He has promised to solve the spam problem 'or die trying.' Twitter agreed to sell the company to Musk for about $44 billion last week.
One suggestion came from American billionaire entrepreneur Mark Cuban. He is a star in the business reality television series Shark Tank and the owner of the NBA team Dallas Mavericks.
In a tweet early Sunday morning, Cuban suggested that everyone puts up one dogecoin (DOGE) for unlimited posts on Twitter. If anyone flags a post as spam and a human confirms that it is, that person gets the spammer's DOGE. He further explained that spammers have to post 100 times more dogecoin. However, if the post is not spam, the flagger loses his dogecoin.
At the time of writing, Cuban's tweet has been liked more than 9K times. Dogecoin co-creator Billy Markus said, 'I like this.' Musk replied, 'Not a bad idea.'
Many dogecoin supporters think that Cuban's suggestion is a good idea, noting that it is very bullish for DOGE. However, some people are skeptical about its viability, with some questioning the requirement to start paying for what is currently a free service and ...
|Hashstack Finance Launches Open Protocol On The Testnet To Solve One of ...
The decentralized finance industry needs a severe shakeup where its current borrowing requirements are concerned. Forcing users to put up more collateral than they seek to borrow is not feasible in the long term. Hashstack solves this issue by bringing undercollateralized loans to decentralized finance.
Unlocking The Full Potential of DeFi Lending
The concept of decentralized lending and borrowing provides a necessary alternative financial approach. Millions of people have little or no access to traditional financial products and services. The underbanked and unbanked population will be the primary beneficiaries of decentralized finance, but only if the requirements are manageable.
In the current lending and borrowing landscape, those requirements make little sense. More specifically, users looking to borrow funds need to put up 150% of the borrowed amount - or more - as collateral. That seems strange, as one traditionally puts up a maximum of 50% of what they want to borrow as collateral when dealing with banks. Moreover, the requirement to have more money than you want to borrow does not appeal to unbanked or underbanked individuals.
S&P Global put out a study in 2021 depicting how DeFi lending can disrupt traditional systems. However, they also identified certain constraints that have to be addressed. One of the main concerns is the collateral requirements, which hold back the potentially massive growth of lending volumes. Additionally, most current DeFi borrowing involves...
|DeFiChain: Addressing Issues That Fintech Can't Solve in Tradition...
In a world where money is power, power is centralized in the hands of those who control money. Dependent on them, the people of the world are devoid of the opportunities while also being unable to do anything about their purchasing power fading away.
If individuals are to determine their own financial futures – and thus their lives – power must be decentralized and returned to them.
Failures of Fintech and Traditional Finance
In a panic to uphold their economies, world governments printed tens of trillions of dollars during the COVID-19 pandemic, consequently diluting the buying power of citizens globally. Now, inflation is on the rise – over 7% in the United States, upwards of 5%in India, and so forth. World governments have made it very clear that they can print as much money as they like, regardless of the cost.
Fintech does as much to reduce access to financial services as it does to increase it. Inhumane automated systems determine insurance rates, big players on Wall Street are in control of the markets, financial institutions harvest people’s activities for their data, and governments take a piece of every dollar that citizens earn before they’re even paid.
But that’s only for those lucky enough to have access to financial services in the first place. While bank accounts and loans are common in Western countries, many people have no financial access at all. To the unbanked, college loans, home ownership, insurance coverage, investing...
|What Fintech Can't Solve in Traditional Finance
In a world where money is power, power is centralized in the hands of those who control money. Dependent on them, the people of the world suffer, slowly watching their financial opportunities vanish. If individuals are to determine their own financial futures – and thus their lives – power must be decentralized and returned to them.
Failures of Fintech and Traditional Finance
In a panic to uphold their economies, world governments printed tens of trillions of dollars during the COVID-19 pandemic, consequently diluting the buying power of citizens globally. Now, inflation is on the rise – 6.8% in the United States, 4.48% in India, and 3.8% in the UK. World governments have made it very clear that they can print as much money as they like, regardless of the cost. People are tired of their fates being dependent on the state’s policies – money printing, bank bailouts, trade wars, and business subsidies – policies that rob them of financial opportunities.
Fintech does as much to reduce access to financial services as it does to increase it. Inhumane automated systems determine insurance rates, big players on Wall Street manipulate the markets, financial institutions harvest people for their data, and governments take a piece of every dollar that citizens earn before they’re even paid.
But that’s only for those lucky enough to have access to financial services in the first place. While bank accounts and loans are common in Western cou...