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Polkadot or Chainlink? It seems that after the restructuring, DOT token has surpassed LINK in market cap and trading volume.

Polkadot or Chainlink?

Recently restructured as a value, Polkadot token has more than doubled in value in the last seven days. It is reported that there are currently 897,657,920 DOT tokens in circulation (not yet confirmed). Based on this new value, the cryptocurrency ranked fifth by market cap.

Currently, Polkadot is trading at $6.23.. That means it has a market value of $5.63 billion.. With this value, it knocks out Chainlink from its current position.

Still still 2172 in Coinmarketcap ranking.. ranks. Here, the market value of a token is obtained by multiplying the price by its circulating supply.. According to information on Coinmarketcap, Polkadot “has not yet adequately verified the circulating supply and the resulting market cap.”

Related – Great start from the Polkadot-based DeFi project

Still, there is another data that supports DOT’s entry into the top 10 in terms of market cap: trading volume.. According to data from Coinmarketcap, the trading volume of the DOT token rose to $1.4 billion on August 27.. That’s higher than Chainlink’s $1.28 billion trading volume on the same day.

In fact, DOT’s trading volume has exceeded $480 million since August 22.. However, before this rise, it should be noted that the transaction volume of crypto money was below 50 million.. According to the data, Polkadot trading volume was $48.8 million and $49.3 million on August 20 – 21, respectively.

These are the only known trading volumes before the restructuring.. Because, according to the announcement, the crypto currency underwent a restructuring process when the block number of 1,248,328 was reached.

Related – Polkadot, Cosmos, Ethereum 2.0 – Which one will be the winner?

DOT token is used for management and staking on Polkadot network. The community also voted to restructure the token on August 21.. Accordingly, the new DOT is 100 times smaller than the old DOT.

After this change, the price of the coin jumped from $2.88 on August 21 to $4.88 the next day.. It has since peaked at $6.79 on August 27.

After this change, it seems that crypto exchanges’ interest in the DOT token is also increasing.. If you try to look at the question of Polkadot or Chainlink from the perspective of these new developments, you can answer yourself.. It looks like the DOT token and Polkadot network can continue to delight its community with more innovations.

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New Bittrex Accounts Cannot Withdraw Their Money

Burger King, one of the international fast-food restaurant chains in Russia, has announced that it will launch a new cryptocurrency called Whoppercoin, dedicated to its best-selling signature sandwiches.

According to reports from local news outlets, the new currency is on the Waves Blockchain platform.

Only 1Mn Whoppercoins have been minted so far, but the developers do not rule out the possibility of an add-on release.

Burger King customers in Russia are now in a They can get Whoppercoins in their private digital wallet when purchasing Whopper sandwiches. For every sandwich purchased, the customer earns a Whoppercoin. As of August 22, customers have had the opportunity to have new cryptocurrencies by taking a photo of the payment receipt they made at Burger King and adding the address of their digital wallets.

A Burger King representative stated that this app could qualify as a loyalty program where customers can use the crypto money they collect to pay at the restaurant.. However, it is not yet clear which exchange rate will be applied.

Burger King Russia representative comments:

“We will test the system first, then have a full understanding.” he added.

In Russia, Burger King had planned to accept bitcoins from 2017 due to the growing popularity of digital currencies. In June, Burger King Russia General Director Dmitry Medvedev said that the firm will announce the winner of the tender for the development of software that will allow restaurants to receive payments in bitcoin on August 10.. Now, it seems that the best option to introduce Burger King to crypto money is to launch a company-specific currency.

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FSB Chief Warns of Cryptocurrencies

Cybersecurity expert John McAfee explained in an interview why Bitcoin is not a bubble. McAfee said that there is no bubble against the rhetoric that Bitcoin is a bubble and that it will continue to grow. He is confident that Bitcoin cannot be considered a bubble.

Bitcoin Is Not an Official Currency

Asked why the definition of “bubble” cannot be applied to Bitcoin, McAfee said that Bitcoin is not an official currency explained.

John McAfee, founder of McAfee Inc.:

“Bitcoin is not an official currency. In terms of electricity and operating costs, one Bitcoin currently costs more than a thousand dollars to produce.”

McAfee also said that Bitcoin’s value is tied to the user and the number of peers.

McAfee:

“The value of Bitcoin is linked to the number of users and transactions.”

To explain in more detail that Bitcoin cannot be defined as a bubble.

According to McAfee, Bitcoin cannot be described as a “speculative investment,” although most people who use Bitcoin only use it for speculative purposes.

McAfee:

“Although it is used as such by some people, it is not a speculative investment. As the Bitcoin network expands, so does the value of Bitcoin. As people start using Bitcoin as a means of payment and receipt, they stop using the dollar, euro, Chinese yuan, which will lead to the depreciation of these currencies in the long run.”

Bitcoin Stability

When John McAfee was also asked about the tweet by Mark Cuban that caused a drop in Bitcoin, he replied that it had nothing to do with it.

The market according to McAfee It is very normal to have temporary fluctuations and these fluctuations are created by speculators who do not understand the fundamentals of blockchain technology.

In closing, McAfee stated that Bitcoin has a benchmark in itself:

“The more people start using Bitcoin, the more valuable it will become. This is the only criterion we use.”

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Altcoins Fluctuate, Bitcoin Price Rise Stable

Japan is a very interesting country when it comes to cryptocurrencies.. Recently accepted Bitcoin as a payment method with regulations in the country. Accordingly, the number of outlets accepting Bitcoin has also increased.. Ticket Camp is a very popular ticket exchange market in Japan. Considering that it has approximately 5 million active users, we can see that it is not something to be taken lightly.. Users of this platform can now pay with Bitcoin.

Bitcoin has been accepted very quickly in Japan.. Most major businesses now accept Bitcoin. It is thought that the number of these businesses will increase rapidly over time.

Ticket Camp Now Accepts Bitcoin Payments

If we look at the ticket industry in Japan , Ticket Camp includes Bitcoin transactions. is the first company to agree to. Cryptocurrencies are legal in the country and the excise tax on them has been removed. While it is almost as valid as the Yen, it turns out that it is less accepted when compared to the Yen.

Considering that the platform is internet-based, it is quite plausible that they accept digital payments.. While Bitcoin won’t be able to replace traditional money within Ticket Camp, it’s still a nice addition. Sellers can adjust the ticket price as they wish.. In addition, the platform implements the escrow system so that the payments arrive properly. However, it is unknown how the company fends off fake tickets.. After all, such companies are not left alone by people who want to pass with fake tickets.. Fighting this trend is difficult, if not impossible.

Ticket Camp charges 13% for each sale. This fee is split between the seller and the buyer. It’s still unclear whether the company will keep its stake in Bitcoin or convert it to fiat money immediately.. CoinCheck will handle all Bitcoin transactions. This is another interesting development in Japan.. Although the country is currently at a very high level in terms of knowing and using Bitcoin, it is far from its main unit at this point.. It will be very interesting to see how it develops in a few years from now.

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Matrix Ai Network guide: What is MAN coin? Where to buy-sell MAN coin?

Digibyte (DGB), one of the top 50 new residents in the CoinMarketCap ranking, has gained 930% against the US dollar in just 7 weeks.

Digibyte (DGB) against the US dollar took flight

Digibyte (DGB), traded at $0.0048 on April 15, 2020, increased its value up to $0.024 on May 5, 2020. In just the past 20 days Digibyte has increased its value by 400%. We see the change in Digibyte prices in the chart below.

Digit, which was in the 80th place in CoinMarketCap 2 weeks ago, was not even known by many crypto money investors. In 2 weeks, it jumped 50 places and rose to 32nd place.

We will see over time whether Digibyte will succumb to gravity in the face of this rapid rise. On April 25, DGB prices dropped rapidly after a rapid rise, but continued to rise again aggressively.

Please See: Important Ethereum comments: Shock from expert Ethereum (ETH) review

DGB is currently listed on exchanges such as Bittrex, Okex, KuCoin, and Huobi, but not on Binance. The cryptocurrency wants to be listed on Binance, but DGB founder Jared Tate complains that Binance charges high fees to be listed. According to Binance Tate’s claim, he requested $300,000 in DGB. He also claimed 3% of all DGB coins. Tate suffers from Binance’s high listing costs.

Rudy Bouwman, vice president of DigiByte Corporation, said they are currently listed on nearly 120 exchanges. It also claims that they will not pay any exchange fees to be listed.

Please See: Important Ethereum news: Ethereum forecasts and Ethereum news page

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Bittrex Delists Many Altcoins

Prince Alwaleed bin Talal, the grandson of King Abdulaziz Alsaud, the founder of Saudi Arabia, which has countless princes and billionaires, is among the richest people in the world.. The Prince of Saudi Arabia said: “Bitcoin will collapse like Enron.” >Agrees with Jamie Dimon

Speaking to CNBC, the prince said:

“I don’t believe in this Bitcoin thing. I think one day it will explode. I think it’s Enron too,” he said.

Despite its reputation for early detection of new and successful technology trends, the prince said that the definitive reason for Bitcoin’s failure was the lack of a central governing authority. In this respect, they have a lot in common with Chase CEO Jamie Dimon.

“This makes no sense. (Bitcoin) is not overseen by the United States Federal Reserve or any central bank. I don’t believe that at all. Agree with Jamie Dimon. “

Why does it look like Enron?

Enron was an example of fraud, a company using accounting loopholes for a misleading statement, auditors associated with management, and a Board of Directors that resists the faults of managers and directors. The result of this systematic fraud was the bankruptcy of Enron and the dissolution of Arthur Andersen, one of the five largest audit firms in the world at the time.

With a fraudulent company, decentralization is a currency (anonymous) There is actually no similarity between them. Prince believes Bitcoin price will collapse as Enron’s share price drops from $90 to below $1.

Bitcoin threatens some organizations

Jamie What Dimon and Prince Alwaleed don’t realize (or don’t want to realize) is that outside of the control of a central governing authority, Bitcoin’s strength is not its weakness. We have seen that authoritarian governments, including China and Russia, are trying to distribute Bitcoin by closing stock markets and proposing strict regulations. Bitcoin threatens organizations by allowing people to control their own money. It’s no wonder that Wall Street royalty and Middle Eastern princes are so threatened to take him down.

cointelegraph

Poloniex Will Offer Bitcoin Cash

Starting work again after the loss of metropolitan cities such as Istanbul, Ankara, Izmir, Antalya, Adana and Mersin to CHP, AK Party will cooperate with some YouTube programmers for Generation Z

The goal is for more young people to join the party

Facing a relatively unsuccessful result in the municipal elections, the Justice and Development Party restructured in line with the criticisms of the organizations and started its activities. started. It has been learned that the AK Party, which has been working for members in the bazaars, markets and shopping malls for a while, has gained more than 600 thousand new members and its policies have shifted to the Z generation. It has been reported that the AK Party is in contact with some YouTubers for the Z generation, which is expected to have a great impact in the next election, and that they will meet in joint works close to the elections.

In addition to YouTube, it has been reported that the AK Party is also working on Twitter and Instagram.

Source: Türkiye Newspaper / Ebru Karatosun

UK Precaution for Houses Bought with Cryptocurrency Earnings

While the coronavirus, which broke out in Wuhan, China in December 2019, continues to affect the whole world, many companies globally suffered financial losses in economic terms.. The aviation industry entered a difficult process after the global travel restriction decision was taken as part of the fight against the coronavirus.. As a result of the economic depression all over the world, airline companies also had their share.

Flag carrier Turkish Airlines (THY) was one of the names that had financial difficulties during the pandemic process.. THY, which announced a loss of 2 billion dollars in the second quarter, has been discussing the issue of cuts in personnel salaries for a long time with Hava-İş, the authorized union, in order to overcome the economic problem.. THY, who had a meeting with Hava-Is for personnel salaries, came to a conclusion on the salary after long disagreements.. However, many allegations have been made about THY and THY personnel over the course of time.. While it was claimed that some THY personnel, who had financial difficulties within the scope of the process, were taxi drivers, it was claimed that some of the employees sold their car and returned to their father’s hearth..

Decision of up to 50 percent cut

The amount to be deducted from personnel salaries in THY, which has reached an agreement with Hava-Is recently, has been determined.. Within the scope of the protocol signed between THY and Hava-İş, it was decided to cut 50 percent in pilot salaries, 35 percent in cabin personnel and 30 percent in other personnel..

When THY’s salary crisis was resolved, new allegations were made. While it is claimed that the protocol signed between THY and the authorized union, which envisages a cut between 30 percent and 50 percent, was sent to the personnel via e-mail, the said mail sent by THY was asked to sign a letter stating that the personnel who did not accept the protocol conditions were terminated by their own will, on September 8th. It was claimed that until
Marks & Spencer lays off 7,000 more!

Minister of Finance Naci Ağbal spoke for the first time about digital currencies, which are becoming popular day by day.

Money takes on a completely virtual nature and disappears from its owner. Ağbal, who underlined that he will rise, said: “style-1″ data-position=”center” data-align=”left” data-width=”100″>

“A development that will deeply affect the international financial system in the medium and long term. It is currently in the initial stages, but this area must be taken under control and bound to rules and regulations. In this regard, there will certainly be some developments in the international financial system. As always, Turkey will take part in these developments.”

Japanese government plans to register all properties in the country on Blockchain

As reported by local news agency Yonhap, the South Korean government announced on Monday, January 22, that it will withhold 22% corporate tax and 2.2% income tax from cryptocurrency exchanges in the country.

The news is an unprecedented case of six major South Korean banks, with commissions related to crypto transactions from digital accounts increasing 36 times from 61 million won ($57,340) to 2.2 billion won ($2 million) in one year. It came just after the money laundering investigation was concluded.

South Korean exchange Bithumb earned a total of 317.6 billion won ($295,368,000) last year, according to Yonhap’s report, meaning it is expected to pay 60 million won in taxes, according to the tax rates announced Monday.

The announced rates are at the same level as South Korea’s taxes on companies with annual revenue of more than 20 billion won ($18.7 million).

Bithumb, the world’s largest exchange with a daily trading volume of $2.85 billion, was hacked in February 2017 and lost nearly $7M, mainly in Bitcoin and Ethereum. This and many other security threats on the South Korean stock market have recently been attributed to North Korean hackers.

South Korea’s government has begun accelerating cryptocurrency regulations within the country. Alongside financial investigations, the government banned the use of anonymous virtual accounts, stopped new virtual account openings, and banned underage and/or foreign users from trading on the exchange.

The people of South Korea started a petition to stop the government’s sanctions. Having reached the required 200,000 signatures, the campaign is now awaiting an official statement from the government.

Canadian Origin TD Bank Bans Cryptocurrency Purchases