Crypto News Dec 28, 2021

  1.  Why Ethereum is popular 

The revolutionary approach presented by the Ethereum network puts it ahead of the pack among other digital currencies. Being both a store of value and smart contracts capability, Ethereum has not only attracted developers hoping to leverage on the open-source platform to build dApps but also leverage ether, the token value to generate profit. Unlike bitcoin that aims at securing online transactions and acting as a store of value, Ethereum’s blockchain network offers an open-source platform that developers can build dApps. Other features that have unlocked Ethereum’s technological solutions include decentralized and currency-like features.

Coinswitch wants to be a one-stop shop for all things investment, according to Ashish Singhal, the company’s chief executive. “We will help our users on their investment journey with crypto as the basis of the company. Our young users’ needs will evolve over time, and they will diversify their investments as long as crypto remains a high-risk, high-reward asset class, “Singhal said. India’s largest cryptocurrency unicorn, Coinswitch Kuber, will diversify into a wealth tech startup that deals in Indian and US stocks, mutual funds, fixed deposits and bonds in a bid to offer its over 15 million users multiple investment avenues, its founder told ET.

Social Security benefits equal a percentage of your inflation-adjusted average wages over 35 years. But not all wages count. Each year, the Social Security Administration sets a wage cap or wage base limit. In order for your monthly Social Security payments to add up to $50,328 in 2022, you would need a monthly payment equaling $4,194. That just so happens to be the maximum benefit the Social Security Administration will send out next year. So even if you earned the largest average wage you could get, you’d also need to max out these credits to boost your Social Security checks to the absolute maximum of $4,194 per month, or $50,328 per year.

One way to celebrate the last year that saw the explosion of the collectible token market is offered by Metalink by releasing its NFT Wrapped that allows anyone who owns a Non-Fungible Token to view their year in review. Essentially, the custom feature allows users to reflect on their experiences, connect with other NFT owners and generate an NFT that summarizes their year to share even more widely. Users can directly copy and share a culminating image of their NFT Wrapped, starting new conversations with other users like Cozomo Medici, Ryan Sean Adams, and Chamath Palihapitiya, who will share their generated images.

Web 2.0 is largely based on the idea of ​​the ” Web as a Platform ” and preferably focuses on user-created content uploaded to social networking services, blogs, and wikis, among other services. . Web 2.0 is generally considered to have started around 2004, and continues to this day. The term “Web 3”, or even “Web 3.0”, was created in 2014 by Gavin Wood, co-founder of Ethereum. It wasn’t until 2021 that the idea for We 3.0 gained popularity. Particular interest increased towards the end of 2021, largely due to interest from cryptocurrency enthusiasts and investments from high-profile technologists and companies.

Media coverage of SHIB increased by nearly 16,000%, according to GlobalData data . Rumors that SHIB was listed on Robinhood triggered a surge in social media news. Also, traders supported the listing of meme coins on the exchange. Robinhood’s SHIB petition also received close to 500,000 signatures. Shiba Inu (SHIB) ranks as the top token in 2021’s social media rankings. It is also becoming one of the most dominant meme coin projects of the platforms. Robinhood’s SHIB petition also received close to 500,000 signatures. In contrast, meme coins maintain a bullish pattern that sees the price reach the ATH level. 

Opera via an official blog post announced a strategic partnership with Polygon to integrate with the Ethereum scaling solution. According to the announcement, the new partnership with Polygon (formerly MATIC) will onboard millions of users to Web3. As a result of the integration, Opera users will gain access to over 3,000 decentralized apps on the Polygon network. The blockchain network with currently has more than 80 million users will also be able to transact with $MATIC. Furthermore, Opera’s inbuilt crypto wallet that already supports Ethereum Web3 API, will ensure seamless interaction with Polygon Dapps.

Verlux is on a mission to create a Marketplace That Aims to Disrupt the Conventional NFT System with the aid of its Cross-Chain swap protocol, where NFTs existing on other blockchains can be swapped to the Cardano blockchain while retaining the authenticity of its data and utilizing the low transaction cost of the Cardano blockchain. Verlux is a decentralized Cross-Chain NFT Platform built on the Cardano blockchain that allows users perform an efficient and seamless swap of NFTs from other Blockchains to the Cardano Blockchain. The aim of this innovation is for NFTs to become a cost effective ecosystem and utilize the low transaction cost, fast transaction and security of the Cardano ecosystem in doing so.

Earlier this month, Musk posted a meme that shows a psychiatrist asking his client if he’s hallucinating or imagining NFTs. The world’s richest man also joked about NFTs “jpeging the dollar.” Instead of shooting the upstart Apes, players are supposed to take photographs in order to kill them and earn crazy amounts of money. Tesla CEO Elon Musk has called attention to a new non-fungible token mode in popular first-person shooter DOOM II. As Niche Gamer reports, the mode replaces all enemies in the game with pictures of NFTs from the Bored Ape Yacht Club collection, which recently surpassed CryptoPunks by floor price.

  1.  Now you can know with sounds if the price of bitcoin goes down or up 

Crypto Juke Box is a page that makes high-pitched piano sounds when the price of bitcoin rises. The tool was created to listen to the fluctuation of the value without having to look at the screen. The application allows investors of bitcoin and other cryptocurrencies to track their price with sounds without looking at a screen. This is because it outputs high or low piano tones if the value is going up or down. In this way, it is possible to verify its volatility while carrying out other activities. Exclusively with CriptoNoticias, Aspyn Palatnick, its founder, revealed to us that the idea of ​​Crypto Juke Box came up to provide a solution to his personal life.