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Author: CryptoPress

The next mayor of New York could have laser eyes

The next mayor of New York could have laser eyes

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New York City Democratic mayoral front runner Eric Adams said he would turn the city into a bitcoin hub within a year, rivaling Miami for the position as the epicenter of the US crypto community.  The price of bitcoin has steadied on Friday, following a tumultuous week that took it to new lows for 2021.  Crypto analysts remain divided over the short and medium-term direction of the market, though major investors like...

Bitcoin, Cryptocurrencies, Featured, Main, News

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Impermanent Loss

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It is possible to suffer an impermanent loss if the value of tokens stored in an algorithmically balanced liquidity pool declines in relation to assets traded on the open market as a result of price fluctuation. The loss is referred to as ‘impermanent’ since the tokens’ original value may be recovered if the liquidity pool is brought back into equilibrium. A permanent loss is one that cannot be recovered. For instance, if...

Glossary

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Immutability

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Immutability refers to the property of data being irrevocably codified in the shared data ledger of a blockchain network once a transaction has been successfully completed. The vast majority of non-blockchain computer networks are changeable, which means that the information contained inside them may be changed, censored, or controlled by a central authority or organization. Immutability enables a blockchain network to guarantee the overall...

Blockchain, Glossary

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Identity data

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On the internet, identity data refers to information that may be used to individually identify a user or party. Social security numbers, personal addresses, and other private information are examples of identification data. Many other kinds of private information, such as bank account and credit card information, may be included in identity data. Identity Data is valuable for people and corporations because it is essential for the...

Glossary

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cardano ada

Partnership launched to build decentralized ‘one-stop-shop’ for buying and selling cryptocurrencies

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Solution aims to solve fragmentation in the crypto space, bringing blockchain closer to mainstream adoption Partners will explore how to scale the solution sustainably to incorporate traditional financial and NFT marketsPartnership aims to provide a single, non-custodial point of access for crypto traders for all of the major crypto exchanges  23 June, 2021: A new trading platform has been created to offer crypto traders a...

Press release, Trading

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