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Tag: addresses

Solana Set For Another Bearish Cycle! SOL Price To Dump More Than 20%

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The post Solana Set For Another Bearish Cycle! SOL Price To Dump More Than 20% appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The Solana price is more than 60% away from its ATH and the metric signifies that its loss of profits to competing cryptocurrencies is driving the latest correction. The past couple of months has been tragic for the crypto-verse. The wider crypto market cap has lost over $600 billion in market cap.  Specifically, Solana’s drop …

Cardano Network Update! This Is Why ADA Price Will Hit $2.5 By March!

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The post Cardano Network Update! This Is Why ADA Price Will Hit $2.5 By March! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Cardano price action has been possibly generating lower highs with swift resurgence over the past couple of days. With record exchange outflows, the bulls are likely to propel the price by more than 100%. Moreover, the network activity is on the rise followed by its latest announcement on Network update.  Cardano Network Update!  As per …

Activity on Tezos ($XTZ) Network Explodes After Number of Smart Contracts Triples

Activity on the Tezos ($XTZ) network has exploded over the last few months as non-fungible tokens (NFTs) on it gain adoption and after the number of smart contracts within it tripled last year from about 200 to over 600. According to Coin Metrics’ latest “State of the Network” report, daily transactions on Tezos jumped in […]

Russians Hold Over $200 Billion in Cryptoassets, Local Government Estimates

Russians are believed to collectively hold more than 16.5 trillion rubles, or around $214 billion, worth of cryptocurrencies, according to estimates from government officials based on the IP addresses of users are crypto exchanges and “other information.” The $214 billion figure is equivalent to around 12% of global cryptocurrency holdings or a third of the […]

Cato Networks Delivers Instant Visibility and Control of Cloud Application Data Risk

CASB Cato converges a full CASB into its global SASE platform to defend enterprises against data breach and cloud-delivered threats.

INKY Completes Email Security Offering With Launch of Outbound Mail Protection

INKY Outbound Mail Protection manages a multistep approval workflow providing enforcement within the email system itself.

Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government

Russians Own $215 Billion of Crypto, Suggests Estimate Attributed to GovernmentRussians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may serve as an impetus for the government to regulate Russia’s crypto market rather than outlaw it. Estimated 12% of Crypto Allegedly Held by […]

Kyoko.finance Successfully Bags $3M Funding Round Led by Animoca Brands

Kyoko.financeKyoko.finance successfully raised a $3 million private funding round. The funding was led by Animoca Brands with other investors. Kyoko.finance ...

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Tennessee Community College Suffers Ransomware Attack

A Tennessee community college suffered a data security attack that may have resulted in unauthorized access to personal information of former and current students, faculty and staff, officials said.

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Cardano (ADA) Price Analysis: Bulls Remain Pressured Around $1.20

Cardano’s (ADA) price shows signs of consolidation but the outlook remains negative for the ADA. Cardano finds strong support around $1.03, a historical support level. At the press time, ADA/USD is trading at $1.075, down 2.02% for the day. Cardano (ADA) price trades in negative on Tuesday. Cardano millionaire whales raised their holdings by 40%

The post Cardano (ADA) Price Analysis: Bulls Remain Pressured Around $1.20 appeared first on CoinGape.

Is Litecoin Eyeing 75% Surge By Start Of March? Will The MWEB Upgrade Be The Stimulant?

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The post Is Litecoin Eyeing 75% Surge By Start Of March? Will The MWEB Upgrade Be The Stimulant? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The global crypto market, although being skittish, is home to a number of digital assets that have been performing phenomenally well. Taking into account the developments, utility, prominence, and price action. One such coin, which is in an attempt to make it big this year is Litecoin, with its developmental roll-outs and perks on offer.  …

El Salvadoran Government Leverages AlphaPoint to Power Chivo, The World’s First National Bitcoin Wallet

NEW YORK / SAN SALVADOR - February 2, 2022 - Chivo, the world's first national crypto wallet, is now operating with AlphaPoint white label infrastructure. AlphaPoint, which provides fast, scalable financial technology to institutions globally, is helping El Salvador to offer financial services and access to Bitcoin for millions of Salvadorans actively using the wallet.

In September, El Salvador became the first country to adopt Bitcoin as a legal tender, as the government launched the Chivo wallet to facilitate Bitcoin transactions in the country. The government deposited $30 in Bitcoin in every El Salvadorans' Chivo wallet as ‘seed money' to propel Bitcoin transactions.

With every McDonalds, Starbucks, Walmart, Airport and Government office in the country already accepting Bitcoin with Chivo, the project has aspirations in the next year to simplify payment of home utilities, taxes, and many other daily transactions in Bitcoin as well. Chivo is also in the process of deploying hundreds of Bitcoin ATMs around the country to more readily serve the Salvadoran population.

AlphaPoint supports the frontend and backend infrastructure that powers the wallet and integrates the entire ecosystem including the mobile application, mobile point-of-sale processing, merchant website portal, call-center support software, and administrative console. Their build focuses heavily on wallet stability and uptime, scalability, and social impact, while also integrating user verification services leveraging machine-learning facial recognition and authentication tools. AlphaPoint also improved the Lightning integration for nearly instantaneous low-fee Bitcoin transactions via QR and Lightning addresses.

Chivo is the largest fintech application in the country and is providing infrastructure to bring the 70 percent unbanked population of the country into the financial ecosystem. The AlphaPoint-powered wallet facilitated millions of transactions last month alone, with more businesses enabling transactions every day. The wallet is free to use for all Salvadorans, with zero commissions.

“El Salvador and President Bukele are truly leading globally with this first major experiment in Bitcoin adoption at a country-wide level,” Igor Telyatnikov, Co-founder and CEO of AlphaPoint said, “No one else has attempted to execute a project of this size. We at AlphaPoint are honored to be involved in the process and provide the scalable and reliable solutions needed for this massive undertaking. The Chivo application is currently supporting millions of Salvadorans, many for their first time accessing financial services.”

AlphaPoint was the first white label marketplace provider in the cryptocurrency industry and has been a trusted solution for large-scale institutional-grade exchange infrastructure for more than eight years. It is considered a foundational member of the industry with focused priorities in scalability, security, and flexibility to serve clients around the world.

About AlphaPoint 
AlphaPoint is a white-label marketplace software company powering digital asset exchanges worldwide. Through its secure, scalable, and customizable digital asset trading platform, AlphaPoint has enabled over 150 customers in 35 countries to launch and operate digital asset markets, as well as to digitize assets. AlphaPoint and its award-winning blockchain technology have helped startups and institutions discover and execute their blockchain strategies since 2013.

Media Contact: AlphaPoint, [email protected]
Media Contact: Transform Group, [email protected]
Sales contact: [email protected]


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