Popular US cryptocurrency exchange Coinbase has announced that it is establishing a business presence in India. The company is now looking for hiring in India. This is striking as there is significant uncertainty in the country about a possible ban on cryptocurrencies.
The crypto company announced this in a blog post. It became clear that Coinbase intends to house a number of IT services in India, including engineering, software development, and customer support. The company reports that the country offers a vast pool of high-level technical talent, making this a logical choice.
Coinbase Says:
India has long been known as a center for technical and technological innovation. We look forward to finding that world-class talent to help the Coinbase group develop new ways for our customers to interact with the crypto economy.
Although this will have to fill new vacancies, there does not seem to be any vacancies uploaded by Coinbase that are specific to India.
In addition to expanding into India, Coinbase is now also looking for additional staff in Canada, the Philippines, Ireland, Singapore, Japan, and the United Kingdom (UK). Coinbase seeks to expand the geographic diversity of its workforce significantly.
Surprisingly, Coinbase is now taking this step, as there is a great deal of uncertainty about India’s cryptocurrency industry. As there is already a bill for a possible crypto ban. That, if approved, would ensure that residents of India cannot own or mine crypto. Trading cryptocurrencies could also be penalized.
The question is whether a complete crypto ban will take place or not. The Minister of Finance of India has recently announced that the crypto industry is currently not at risk. Therefore, it is expected that the Indian government will come up with a regulatory framework that will limit some matters, and there will not be a complete ban.
Regulation in favor of national digital currency?
Crypto regulations may be designed to give priority to a national digital currency. For short, the Reserve Bank of India, or RBI, may issue Central Bank Digital Currency (CBDC).
Meanwhile, Coinbase is moving into stock exchange listing, with limited trading of Coinbase stock in private markets suggesting the company could be valued at more than $100 billion (USD).
This article is about Pundi X, Its coin NPXS with comprehensive details.
What is Pundi X?
Pundi X is a project in cryptocurrency world that focuses on payments with crypto. The project’s mission is to make buying and selling of cryptocurrency as easy as buying a bottle of water.
The project aims to make it possible for anyone to purchase crypto quickly and ensure that people everywhere can pay with crypto through the XPOS of Pundi X.
Pundi X team hopes that their XPOS technology would one day provide essential banking services to Africa, Latin America, and Asia that are underdeveloped.
Pundi X has delivered smart point-of-sale devices to hundreds of retailers so that they can effortlessly collect payments from consumers in their retail stores. User pay in the shape of NPXS token that is a primary token of Pundi X.
That is a great idea and will work perfectly well if Pundi X can minimize transaction costs and provide smart point-of-sale devices to thousands of retailers free of charge, to enhance Pundi X network and usage.
Pundi X’s concept is excellent, and their main target is undeveloped countries where 69 percent of the population do not use banks. If Pundi X can attract such a vast population by providing easy-to-use technology, they can go massive.
NPXS Coin
NPXS is based on the Ethereum blockchain and is ERC 20 token. NPXS coin has a circulation supply of 236,519,288,706.
NPXS is an ERC20 token so that it can be stored on any ERC20 wallet like Trust wallet, atomic wallet, Metamask, Ledger, Trezor, etc
Pundi X all-time high price is $0.01446299. This ATH NPXS price was achieved in May 2018. The all-time low price of the NPXS coin is $0.00007686 (March 2020). The daily trading volume of NPXS coin is $44,525,059.
NPXS is traded on the different crypto exchanges, including Binance. Others are Bithumb, Upbit, and Digifinex.
Pundi X ICO Review
Pundi X ICO was very successful in 2017. They were able to raise 34 million dollars by selling 35,000,000,000 NPXS coins (PXS at the time of ICO).
In the Pundi X ICO, the team retained 15,650,100 NPXS coins. 1,590,000 NPXS coins were distributed among the early investors. For marketing and Development purposes, 200,000,000 coins are set apart. For bounty programs on social media, another 3% was set aside.
The total hard cap for Pundix ICO was $35 million, Where 1 NPXS coin (PXS at the ICO) ico price was $2.1. Pundi X ico minimum purchase limit was 0.1 ETH, but there was no maximum limit.
How Pundi X Work?
As mentioned, Pundi X is working on an easy way for consumers and retailers to use crypto. They do this utilizing the XPOS device known as the point of sale device (POS). This is a kind of wireless ATM.
The device has two screens, one for the retailer and one for the consumer. The retailer can indicate how much must be paid, and the consumer can then pay this with his XPASS card that transfers the NXPS coin from the consumer to the retailer, and the transaction is successful in seconds.
It is possible to buy/sell more than just NXPS coins through the XPOS system. Thanks to the X wallet that the project developed in a mobile wallet, you can store multiple crypto coins such as Bitcoin, Ethereum, or Binance coin.
The project is ambitious. The project intends to have at least 100,000 XPOS devices released into the world by February 2021. This means that you can purchase products with NXPS coin in 100,000 stores. This is a considerable amount, and if they succeed, it is expected to work out well for the Pundi X price.
On October 10, 2018, Pundi X announced the XPhone, the first blockchain phone. The idea behind this phone is the integration of blockchain and crypto. Using the XPhone, blockchain is getting closer to the consumer in everyday life.
The phone runs on the latest version of the Pundi X blockchain called FunctionX. Because the phone can be put in “blockchain mode,” it is possible to use the phone as a Node on Pundi X’s network.
In addition to the connection with XPOS, the phone’s operating system is based on Android 9.0. This makes it not only suitable as a blockchain phone, but it is also possible for developers to develop standard android applications for the phone.
Pundi X Wallet
Pundi X team has made X wallet for all Pundi X users to smoothly perform offline and online transactions. It is a blockchain wallet for everyone.
Users of X wallet can access many services from different decentralized apps (Dapps). Users can buy and sell multiple digital assets via XPOS in X wallet. In Telegram, without any fees, Users can send and receive digital assets.
Pundi X wallet also allows you to pair your X wallet with your XPASS so that you can comfortably handle your digital assets and transfer them between different XPASS cards. ALL X wallet users can send and receive digital funds between them without any fees.
Pundi X wallet also provides private wallet features. Users of Pundi X wallet take control of their assets with non-custodial options. These private wallets include a Samsung wallet for blockchain, Pundi X savings powered by MEW, and support MEW connect. Binance wallet for blockchain.
Binance is not just an exchange for trading cryptocurrency. They provide hundreds of other options so that their users can benefit from cryptocurrencies. The popular options of Binance are Binance savings, where Binance users can earn interest by staking their crypto. Binance launchpad where users can participate in initial exchange offering (IEO).
On the Binance exchange, you can buy Pundi X against USDT and ETH. AT the time of writing, Binance does not have NPXS/BTC pair.
If you are interested in buying Pundi X against South Korean WON (NPSX/KRW), then the best place is UPBIT, which is also one of the best crypto exchanges.
Bithumb exchange has a sound reputation in the cryptocurrency market. Here you can buy Pundi X against KRW.
To buy NPXS on a decentralized exchange, the best option is Uniswap, where you can buy NPXS against ETH. (NPXS/ETH).
To buy Pundi X against BTC, the best option is Huobi Global, Kucoin, HitBtc.
For Indian users interested in buying Pundix, they can easily NPXS coin on the Wazir X exchange.
Other exchanges where you can buy NPXS coin are:
Digifinex
Resfinex
Bitrue
NovaDAX
Hotbit
WazirX
Bittrex
BitBNS
VCC Exchange
CoinEx
LATOKEN
Indodax
How To Buy Pundi X
Buying an NPSX coin is a simple task. The easy way is to buy NPXS is on crypto exchanges.
To buy Pundi X, you need to have BTC, ETH, or USDT in your account. You can buy any BTC, ETH, or USDT against your local currency. As I mentioned earlier, cryptocurrency exchanges are not for only cryptocurrency trading. They provide a bunch more features to facilitate their customers and to stay in the competition.
All top exchanges allow you to buy BTC, ETH, or USDT against your local currency by connecting your bank account with the exchange or buying connecting your Debit or Credit cards with the exchange. Once you have BTC, ETH, or USDT in your account, you can very quickly convert them to buy NPXS coins.
Binance is leading when it comes to buying cryptocurrencies. We all know that many countries don’t allow crypto trading, so if you belong to such countries, you cannot connect your bank account with exchanges to purchase crypto against your local currency.
To solve this problem, Binance has introduced the Binance Peer-To-Peer exchange. On Binance, P2P exchange vendors from all over the world are buying and selling cryptocurrencies. You need to select vendors that belong to your country. Pay them in your local currency and get BTC, ETH, or USDT to buy NPXS coin. You pay your local vendor in your local currency, and they will give you your desired cryptocurrency on Binance. It is as simple as that.
But in selecting a vendor on P2P, you have to be careful to avoid any scams as the exchange is not directly involved in buying and selling crypto. You have to see the vendor profile, how many ratings he possesses, how many trades he has completed before transferring any amount to the vendor.
To buy NPXS coin on Binance, you need to have USDT or ETH.
Go to “Trade” from the top menu on Binance and then go to “Advanced.”
Select NPXS/ETH or NPXS/USDT trading pair from the top left side of the screen.
There will be a “Place order” tab on the right of the Binance trading portal.
Enter the price of NPXS at which you want to buy the Pundi X coin.
In the “Total” section, enter the amount you want to buy NPXS coin, suppose 100 USDT or 0.5 ETH.
You can also enter the amount of NPXS coins you want to buy in the “Amount” section. Suppose 100, 1000 NPSX coins. The exchange will automatically calculate how much it will cost you to buy a certain amount of NPXS coins.
Now press the “Buy” button.
Your order will be shown in “open orders” at the bottom of the page until it gets filled.
Once your order gets filled, you will become an owner of NPXS coins.
NPXS Price prediction
NPXS coin was launched in 2018 with launching price of $0.0011. Because of strong and appealing idea NPXS coin price gained strong momentum and reached all time high of $0.0144 in May 2018.
After such a tremendous growth, some correction was expected, so the price of NPXS coin kept on falling and reached as low as $0.00007686 in May 2020.
NPXS ico price was around 2.3 USD. Launching price was around 0.0011 usd, it gave investors bog loss and community was shocked and extremely annoyed with the project.
With time Pundi X is trying to regain users trust and built a strong community, and carry on with their project. They have not given up and are trying to grow every day.
The great thing is that Pundi X is conducting a survey to reduce their circulating supply from 258 billion to 258 million. If community decide that circulating supply should be reduced than the price of NPXS token will sky rocket.
Our NPXS price prediction for 2021 is $0.004 to $0.0021.
NPXS price prediction for 2022 is $0.0017 to $0.010.
NPXS price prediction for 2025 is above $1.
You must remember that these are our NPXS predictions, we are not financial advisors and no one knows where the price of NPXS will eventually go. You must do your own research before investing in any cryptocurrency.
If you want to invest in Pundi X, invest only what you can afford to lose. Investing in cryptocurrency is always a gamble, and it is up to you how you deal with it. In our case, Pundi X is certainly an interesting investment for your portfolio especially if Pundi X circulating supply is reduced from billions to millions.
Pundi X Reddit was created on January 13, 2018. Since then, Pundi X Reddit has 14.8K members, growing every day. It has not many members compared to subreddits of other coins, but still, Pundi X Reddit is active. Users are allowed to discuss anything related to Pundi X, XPOS, XPASS, NPXS, f(x) ecosystem XWALLET, but no one is allowed to discuss NPXS price. To discuss price, users have to join the Pundi X telegram.
Pundi X Reddit has a long list of moderators that are very active in assessing the posts. If you don’t follow Pundi X Reddit rules, you will be banned from posting in this subreddit.
In Pundi X Reddit, you can only discuss Pundi X-related topics, no price discussions, and no reposts. Before posing any content, you need to check whether it is posted before or not.
Pundi X Reddit is a great place to get in touch with the community, ask any question, and the Pundi X Reddit members will answer your questions that will help solve your problem.
Pundi X Future
Pundi X is far from dead. The project is not just alive, but it is progressing very well. They are continuously making partnerships in Asia and Africa to expand their XPOS devices for retailers and customers. Pundi X community has decided to decrease the supply of NPXS tokens from 2.5 billion to 2.5 million. Such a decrease will surely increase the price of NPXS coins, attracting traders and crypto lovers.
In the Pundi X roadmap, the team plans to enable crypto payments from decentralized exchanges on XPOS and add buying of crypto from the decentralized wallet on XPOS. The team is adding DEFI features and functionalities on XPOS, Increasing the XPOS distribution in Africa and Asia, Bringing Xpay and loyalty programs for online merchants and e-business.
Filecoin (FIL) has integrated Chainlink (LINK), opening the doors for a range of new exciting applications.
Chainlink and Filecoin announced this on March 24: Filecoin is a relatively new decentralized data storage service, and Chainlink is a popular decentralized finance (Defi) oracle Service.
Decentralized storage network @Filecoin will integrate #Chainlink oracles to create an end-to-end Web 3.0 development stack, enabling bidirectional communication between Filecoin and smart contracts for novel use cases like #NFT insurance and DataDAOs. https://t.co/vppVr5J1FR
— Chainlink – Official Channel (@chainlink) March 24, 2021
The integration of the two services connects them to other blockchain networks that support smart contracts, such as Ethereum (ETH).
Smart contract developers gain access to an entire web 3.0 infrastructure using Chainlink’s oracles for off-chain communication and computation and Filecoin’s decentralized storage service.
The press release lists some examples of applications that will be considered in the first instance. One of them is automatic data storage service that captures data from smart contracts in Filecoin via Chainlink oracles at specific intervals.
Another example is “DataDAO’s” which allow historical price data to be stored in Filecoin and then automatically delivered to smart contracts on Ethereum. Other examples include Data Bounties, Defi Data, and insurance for miners.
The FIL price has started a significant rise since February 8, bringing the price from $24 to $90, an increase of 275%. That was a new all-time high( ATH) for FIL. LINK started to rise fast last summer with the rise of the Defi market. But now, the overall crypto market seems to be correcting after such large profits.
Ripple wants to serve as a bridge for central bank digital currencies (CBDCs) and PAC Global Launches XRP Node.
CBDCs are stable coins, whose value is linked to the national currency of a country. The European Central Bank (ECB) is researching this, China is already testing a digital Yuan.
Ripple describes in the report, called ”the Future of CBDCs,“ that XRP could serve as a neutral bridge to connect the various upcoming CBDCs. According to the report, central banks currently pay too little attention to cross-border payments with CBDCs.
Ripple calls the introduction of CBDCs “one of the most defining transformations in the history of money” and hopes to sell itself as an international player to government agencies.
There's undeniable momentum behind Central Bank digital currencies. Are they the next evolution digital #payments? Download our #CBDC Whitepaper to find out. https://t.co/A0w7s39Ju8
PAC Global announces that the company now operates an XRP node.
A node is a computer that is connected to the crypto network and validates transactions. The company announced this on March 24 via Twitter.
Ripple is currently in court with the U.S. Securities and Exchange Commission (SEC). The company is accused by the regulator of the illegal sale of XRP. But PAC global has shown their support to Ripple by running a XRP node validator.
We are proud to show our support to ripple and the xrp community while offering similar deployment to other networks seeking further decentralization.
Currently ,the # RelistXRP is trending on Twitter, XRP fans are hoping that crypto exchanges that had removed XRP because of the lawsuit should relist XRP again.
Elon Musk said Tesla is running its Bitcoin node and transactions will be done through an open-source software. The company will not convert the Bitcoin it receives into fiat money and will store them in its reserve as BTC.
Tesla is using only internal & open source software & operates Bitcoin nodes directly.
Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency.
Customers can now see Bitcoin among their payment options when buying on the Tesla website. In a document filed with the SEC in early February, Tesla said it could receive payments in cryptocurrency.
Tellor is a relatively new small-cap altcoin in decentralized finance (Defi). Defi is coming up incredibly fast. More and more crypto and blockchain projects are starting to deal in Defi. We are happy to explain what Tellor is, how it works, difference between Chainlink and Tellor and why Tellor is used.
Tellor Team
The experienced team is one of the essential points of success. A professional team behind a project is one of the most critical fundamental criteria for the sustainability of a project. The tellor team consists of 3 prominent members:
Brenda Loya (CEO)
Michael Zemrose (co-founder)
Nicholas Fett (CTO))
The CEO and CTO have experience and are Ethereum developers. They also founded DAXIA. This is a company that created Ethereum derivatives and smart contracts. They’re also both economists. The CEO has worked for the US government, and the CTO has worked for the CFTC. The co-founder has also worked at DAXIA.
They are three different profiles, but very experienced in their field and know each other well as they have founded a company about Ethereum before. So they know how to work together as a team.
The rewards for the tellor’s team
Also known as “Dev revenue share” it means that 10% of the total revenue generated by miners goes to the Tellor team’s wallet. That may sound weird and unfair, but it’s not. This project did not had any ICO or raised money in any other way. The team set up the project with their funds. That is why this is their way of continuing to finance the project.
This is, of course, the most challenging model to start with since you have to explain your project to everyone and you don’t ask for any funding. It is also the fairest model, to begin with, because the project has to be financed by the team itself.
What Is TELLOR (TRB)?
Tellor is a hybrid solution between Strike and PoW, It is a method that has proven its effectiveness in resisting attacks (Sybil attacks) and ensuring network life.
Tellor, like Chainlink, is a decentralized Oracle on Ethereum where Proof-of-Work (PoW) is used. Nodes compete with each other to retrieve data and place it on the blockchain.
Oracle makes it possible to send information/data from the real world (also called off-chain data) to smart contracts. For example, it is possible to check whether certain conditions of a smart contract have been met using data from the outside world.
See the video explaining what is Tellor:
Let’s say there’s a smart contract that ensures you get you aero plane ticket. This smart contract makes it possible that you automatically and without human intervention get your money back (without having to make a claim) if your flight is delayed or canceled.
At this point, Oracle will do its job. It retrieves data from airports (if the flight was delayed) or weather stations (if the flight was canceled due to a storm). The Oracle will then forward the information to the smart contract, after which you will be refunded.
Problems Solved By Tellor
Tellor wants to solve price problems for the Defi applications. The team is working to provide more secure and transparent data to the Defi world. Oracle is also a database for miners competing against each other.
The TRB token (Tellor’s token) was created to send information to Oracle. It is also the basis for the rewarding miner. Each time a request is made, the Oracle ensures that the best search can be performed by the miner every 10 minutes.
Another problem with Defi is reliability. As in the above example, it could happen that someone is supplying incorrect information. As an application, you have to assume that the data provided is correct. Checking the data is also one of the problems.
Tellor Oracle is an on-chain database where miners compete to add data points. To create a suitable incentive system, Tellor uses the TRB token. The parties pay TRB to send the data request to Oracle.
Based on the reward awarded per request, Oracle chooses the best-Sponsored query every 10 minutes to create a challenge for miners and thus to solve. Each query collects specific data (e.g., BTC/USD price) and transmits it to the chain.
How Does Tellor Work?
First, the user will send a query to Tellor with TRB to encourage miners to choose this query over other queries. It’s a sort of auction. There may be other users who want the same data. They pay or tip for that dataset to encourage the miners even more.
Every 5 minutes, tellor’s smart contract selects the best-funded searches and offers a new challenge for miners. Miners send their PoW solution and off-chain data points to the Tellor contract. The Tellor contract sorts the solutions when they appear, and once they have received 5 Solutions, the official solution (the average of 5 Solutions) is chosen and stored on the blockchain. Miners will then receive their payout.
Of course, it can also happen that someone provides false information. The network can vote on that. The day after the vote, the condemned can challenge the result by paying a high fee. If it eventually turn out that the supplied data was wrong, the miner loses the case? If it turns out the miner was right, he will receive an additional reward.
Tellor Technology
The Oracle can ask miners for new data every 10 minutes. The miners then send the data. An average of five miners data is made, and the miners share the reward of the request. Miners are encouraged to provide reliable data in two ways:
They earn TRB tokens for every search that is processed.
They must store a certain number of TRB tokens to be eligible to resolve queries.
If the miner’s data is not validated or incorrect, he will be punished, and the network will take the number of TRB tokens he possess. Tellor has opted for a hybrid system that makes it possible to both reward and punish an unreliable miner.
The number of TRB tokens required to qualify for Tellor PoW is 1000 TRB tokens. That is a significant amount of money that miners cannot afford to lose by adding false information to the blockchain.
Especially since the Oracle doesn’t use one source to validate data, and anyone can challenge a miner. So miners are proactive to avoid any conflicts.
Any holder (owner of tokens) can challenge data added to the Oracle and, in return, earn TRBS if a consensus is reached between holders, voting for the correction of the data in favor of challenger.
Tellor Security
Tellor use security model where it would cost 1000 TRB per block to hack the Tellor network. That a lot of amount to attack the network. The more data confirmations, the more reliable the data is. Since anyone can challenge submitted data and be rewarded if it is confirmed, it is unlikely that false data will remain unaffected for a long time. This defensive model is similar Bitcoin blockchain, where the costs required to carry out a double-spending attack are very high. And the attack is not of any worth if it is not profitable.
Tellor vs Chainlink
Many people think that Chainlink and Tellor are very similar. That makes sense because both blockchain projects are working with quite the same goal. Both projects ensure that off-chain data can be delivered to the blockchain.
ChainLink currently has more confidence in Defi than any other project. LINK has only a few nodes identified and given permission to publish data to Oracle, especially because nodes are very expensive since you need to have a lot of LINK in your node to publish data.
The Tellor team is focused on decentralization. Anyone with 1,000 TRBS can set up a node and offer data to Oracle. Miners are anonymous and compete to provide the requested data.
Tellor also has a feature that allows token holders to challenge the data. If the challenge is legitimate, the challenger will be rewarded. This is a trait that Chainlink does not have.
See below a video explaining the difference between Chainlink and Tellor.
The TRB-token
Tellor’s token is called the TRB token. This token is extremely important, as it performs various functions. Many believe that the token is the most important thing for Tellor Oracle. Therefore, it is crucial to know what the token does and what it can be used for.
What can TRB be used for?
Payment: Users use TRB to retrieve the specific data they need. When miners submit data on the blockchain, they are paid with the TRB tokens as a reward.
Reward: When miners add data to the Tellor system, TRB is given as a reward for miners. The Tellor team gets 10% of the mining reward.
Compete: The miner must send 1,000 TRB to the Tellor network to participate in the mining process. This is a way to avoid dangerous situations with the network.
Dispute compensation: TRB is used to resolve disputes about the validity of data. Both opponents and supporters will vote on the validity of the data.
Tokens Adoption
Here’s how Tellor thinks TRB token adoption will go:
Always Retrieve reliable data.
Increase in the value of the token price.
Increased rewards for miners.
Increased demand for tokens, as miners want to bet for rewards.
Higher security of the Oracle.
Increased approval.
This upward spiral decreases the profitability (incentive) of providing partial data to Oracle, as cheaters are punished.
Tellor didn’t had any ICO or fundraising. The TRB tokens are therefore only issued through mining. Tellor’s total supply is determined by its use and extraction rates. For maximum supply, tellor’s coins increase with the percentage of remuneration * 144 requests per day.
Where To Buy TRB?
It is possible to buy TRB tokens on significant exchanges and also on many small exchanges. You can find TRB tokens on Binance, VCC, OKex, Huobi Global, Bibox, Bithumb, Gate.io, Poloniex, and Coinmerce.
In the beginning, few exchanges supported TRB. But there was an explosion in the price of TRB, as more and more exchanges started offering TRB. As more trading venues support TRB, there is more liquidity. This is healthy for maintaining future price growth.
Tellor Wallet
TRB tokens can be stored in almost any wallet that supports ERC20 tokens, as TRB is an ERC-20 token.
The popular ERC20 wallets are Trust Wallet, Metamask, Ledger Nano S, Trezor, MyEtherWallet, Atomic Wallet, Coinomi, Enjin Wallet. You can store your TRB coins in any ERC20 compatible wallet but always make sure that to store your coins in a trusted wallet.
You can also store TRB coins on exchanges that provide top security like Binance, but it is not recommended to keep crypto on exchanges.
TRB Price Prediction
TRB was launched in Oct 2019. The launching price was 0.010 USD. No one would have thought that the TRB price would reach an All-Time High of $87.63 in Aug 2020. That is insane for profit for early TRB holders in matter of months. That is why crypto is famous for such high yields. But always remember that crypto can give you losses in the same way.
Our TRB price prediction for 2021 is $45 to $80.
TRB price prediction for 2022 is $75 to $200.
TRB price prediction for 2025 is $500 to $1000.
Please remember that these are speculations, and no one can guess what will be the future for any crypto coin. Please do your research before investing in any cryptocurrency.
Theta, the Theta network’s native token, has entered the top 10 most valuable cryptocurrencies due to the recent price increase.
THETA overtakes LINK And LTC
Theta overtook Chainlink and Litecoin to enter the top 10th, as market capitalization of Theta rose to $12.1 billion. At the time of writing, the market capitalization of LINK is $ 11.4 billion. THETA has grown enormously. The price has increased by more than 70% in the past week. The price of the token is currently around $12.16, which means it has increased by 18.84% in the last 24 hours.
Theta Network expands
The new all-time highs for theta come shortly after Theta Labs received its second patent on designs for decentralized blockchain-based video and data delivery on March 16. Earlier in March, Theta Labs released the open source code for the Theta protocol version 2.2.0 on GitHub.
Theta Network has actively expanded its validator program and partnered with Fortune Global 500 companies such as Google, Samsung and Sony.
It has also entered into partnerships with large industrial companies such as Binance, Blockchain.com and Gumi. Theta Labs was founded in 2017 as a subsidiary of virtual reality livestreaming company Sliver.tv.
The American magazine Time will sell three publication covers as Non-Fungible Tokens (NFT) in auction. The magazine also plans to start accepting payments for subscriptions in cryptocurrency.
According to a statement from Time, images of the magazine’s three covers will be auctioned as digital collectibles within two days. The first is Time magazine’s cover from April 8, 1966, with the inscription “Is God Dead?”. The second cover from 2017 with the description “Is Truth Dead?”. The third lot is a cover for the current edition, with the inscription “Is Fiat Dead?” released only as an NFT.
Time President Keith Grossman wrote on Twitter that the magazine would start accepting cryptocurrency as a subscription payment from the next month.
Collectibles will always be important but @TIME's crypto ambitions are larger as we continue our digital transformation!
The company is also looking for a new CFO whose job description includes “knows how to work with Bitcoin and cryptocurrencies.”
The price of one of the Time covers with the inscription “Is Fiat Dead?” has already reached 20 ETH and exceeded $35,000.
The acceptance of bets on Time three NFT takes place on the platform called SuperRare and is scheduled to end on March 24.
Recall that in March, the British auction house Christie’s held the first auction in the form of an NFT, Where digital painting by the artist Beeple was sold for a record $69.3 million.
The growing popularity of the NFT industry has not escaped regulators. The Financial Action Task Force (FATF) recently amended the draft recommendations for regulating the cryptocurrency industry, mentioning Defi and NFT.
Microsoft wants to know if gamers would like to pay in Bitcoin (BTC) on the Xbox online store. Currently, crypto is not available as a payment option for Xbox, but things may change.
A poll among Xbox users
Tech giant Microsoft seems to be considering introducing BTC payments Xbox online store. According to a March 21 Reddit message on r/XboxSeriesX, Microsoft conducted a survey asking Xbox users about their favorite payment options in the online store.
A question in the survey reads, “Which of these other payment methods would you like to use on Xbox?” Here Bitcoin is listed as one of the possible payment methods. The same photo also circulates in several other subreddits, including r/ethtrader and r/Bitcoin.
An Xbox user said that the survey is available if you participate in the Xbox Insider Program for OS update beta testing.
— Documenting Bitcoin ? (@DocumentingBTC) March 21, 2021
In 2014, Microsoft began accepting Bitcoin to finance Microsoft accounts. This allowed users in the United States to purchase Windows products, including games for the Xbox. After a brief cessation of the BTC payment option, Microsoft resumed Bitcoin payments for its Microsoft Store. Cryptocurrency payments are currently not supported in Xbox’s online store.
Microsoft may accept Bitcoin as payment, But it has no concrete plans to make a more significant move into crypto like Tesla. Tesla President Brad Smith said the company had no plans to diversify in cryptocurrency after Tesla’s $ 1.5 billion investment in Bitcoin.
Juventus star Cristiano Ronaldo received 770 JUV tokens ahead of Sunday’s match. Ronaldo became the world’s first cryptocurrency-winning footballer before the Benevento match.
Cristiano Ronaldo scored a hat-trick against Cagliari on 14 March, bringing his career total to 770 goals. The 36-year-old beat Pele, who shot 767 goals.
Juventus President Andrea Angelli presented Ronaldo with a jersey that read “G.O.A.T 770”. Another gift given to Ronaldo was 770 Juventus fan tokens (JUV).
Serie A: Cristiano Ronaldo becomes the first player rewarded with cryptocurrency tokens | Marca https://t.co/qq21E22O7s
