Monat: April 2023

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Bitfinex sponsors women coding bootcamp in Paraguay

  • Bitfinex and Penguin Academy collaborate on a three-week coding bootcamp for women in Paraguay.
  • The bootcamp will look to empower women in tech as from 3rd-24th May, 2023.
  • Course curriculum includes fundamentals of Python coding as well as blockchain,IoT and robotics.

Bitfinex, a leading digital asset trading exchange, has announced its sponsorship of an upcoming coding bootcamp dedicated exclusively to women.

In a press release shared with CoinJournal on Tuesday, Bitfinex said it would be partnering with the Penguin Academy, to offer the three-week introductory coding course.  The bootcamp will run from 3rd to 24th May, 2023, in Ciudad del Este, Paraguay.

“We are delighted to collaborate with Penguin Academy to introduce this invaluable academic opportunity to women in Paraguay. The power of code is evident in Latin America where it can act as a powerful tool, especially in the hands of women who are then empowered to build and deploy novel solutions to benefit their communities,” said Claudia Lagorio, the Chief Operating Officer of Bitfinex.

Bitfinex’s support for the program demonstrates its strong commitment towards the use of technology to promote individual freedom across “underserved communities worldwide,” Lagorio added.

Course includes microelectronics, robotics and IoT

The course curriculum, crafted by Penguin Academy, will feature basic Python coding, blockchain and microelectronics. Participants will also benefit from invaluable workshops in web development, robotics and IoT.

Students will also benefit from networking opportunities, with multiple events lined up for this – including meet and greets, career nights and speed dating.

Oganisers have planned for a five-day hackathon to end the bootcamp, with a demo day seeing the top three contenders awarded scholarships for the Plan B Summer School set for Lugano, Switzerland. 

The partnership with Penguin Academy is the latest Bitfinex program that champions for individual freedom and financial inclusion via technological innovation. The crypto exchange was founded in 2012.

Penguin Academy, also founded in 2012, has run its coding bootcamp in Switzerland, Germany, Bulgaria, China, and the Philippines. The bootcamp landed in Paraguay in 2019 and has seen over 2000 young people trained.

The post Bitfinex sponsors women coding bootcamp in Paraguay appeared first on CoinJournal.

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Binance.US terminates $1 billion deal for Voyager assets

  • Binance.US has reportedly terminated its deal for assets of Voyager Digital.
  • The $1 billion deal had been approved by a US court.
  • The price of VGX, the native Voyager token, fell more than 10% after the news.

Binance.US has terminated its acquisition deal for the assets of Voyager Digital, according to a tweet posted on the bankrupt crypto lender’s Twitter account.

“Today we received a letter from Binance.US terminating the asset purchase agreement. While this development is disappointing, our chapter 11 plan allows for direct distribution of cash and crypto to customers (a “toggle option”) via the Voyager platform,” the announcement read.

The Voyager token VGX fell more than 10% after the news, trading to lows of $0.317.

The purchase agreement for Voyager assets has been somewhat on and off, with Binance.US first being blocked from the deal by US authorities before a court allowed it to proceed. Despite the latest setback, the Voyager Chapter 11 plan team says the key is to return value to the platform’s customers.

“Consistent with the plan, we will now move swiftly to return value to customers via direct distributions. We will provide more information on next steps and any actions customers need to take in the coming days,” the tweet read.

Voyager filed for bankruptcy in July 2022 after a market turmoil amid contagion forced it to halt withdrawals.

Binance.US had not released a statement on the development at the time of going to press.

The post Binance.US terminates $1 billion deal for Voyager assets appeared first on CoinJournal.

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Crypto vs stocks: legendary investor Peter Lynch takes a side

Bitcoin has massively outperformed equities since the start of this year but legendary investor Peter Lynch continues to prefer the latter.

Lynch does not own any cryptocurrency

On Tuesday, the Vice Chairman of Fidelity Management & Research confirmed that he’s not exposed to cryptocurrencies.

Interestingly, Lynch is familiar with the technology that powers the crypto space. Still, he said today on CNBC’s “Squawk Box”:

I do understand blockchain. I know how it works. But what bitcoin is going to be, I have no idea. I don’t own any bitcoin or ether coin.

Lynch is keeping away from BTC even though he knows the total supply of it will be cut in half next year – an event that usually translates to higher price.

Lynch is sticking to ‘buy what you know’

Bitcoin has now slipped back to the $27,000 level but is still keeping above a key support suggesting the bullish sentiment is still there.

But for years, Fidelity’s Peter Lynch has recommended that investors “buy what they know” – and to him, that means stocks. Explaining how to pick stocks and when to pull out of them, he said:

Look at the company, the balance sheet. What’s the reason stock should be higher? When companies go from crappy to semi-crappy to good, stock goes up. When business gets terrific, get out.

Lynch expressed regret today for not investing in a number of large-cap tech companies in recent years, particularly Apple Inc and Nvidia Corporation.

The post Crypto vs stocks: legendary investor Peter Lynch takes a side appeared first on CoinJournal.

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Celo (CELO) blockchain joins Chainlink’s SCALE program

  • Celo Network announced on Tuesday that it had joined Chainlink’s SCALE program.
  • The mobile-first, EVM compatible blockchain platform will benefit from high-quality, low cost oracle services.
  • Chainlink oracle nodes will power Data Feeds on Celo.

Celo (CELO), a mobile-first, EVM compatible blockchain network, has joined the Chainlink SCALE program as it looks to tap into the oracle data and services of Chainlink (LINK) to accelerate Celo ecosystem adoption.

According to a press announcement the Celo Foundation published on Tuesday, the development comes after a community approval of a proposal that outlined the partnership. The Celo governance forum approved the proposal with 99% yes in the on-chain vote in March.

SCALE to boost Web3 mobile applications on Celo

SCALE is a program that seeks to boost sustainable growth for L1 and L2 blockchains by providing developers access to high-quality, but low-cost oracle services.

“Through the strategic deployment of resources, Celo will cover operating costs for Chainlink oracle nodes powering Data Feeds on the Celo Network. As the Celo ecosystem expands, dApp fees can eventually cover the full operating costs of Chainlink nodes,” Chainlink announced via its official Twitter account.

Joining the initiative does not just give Celo developers access to industry-leading oracle services; it means projects can now look to minimized gas fees, with Celo able to support development of next-generation mobile applications.

Xochitl Cazador, Head of Ecosystem Growth at the Celo Foundation, said the collaboration is a key step towards long-term sustainability for the blockchain.

“Developers building on Celo now have access to Chainlink’s oracle services, enabling the next generation of highly scalable Web3 mobile applications. We welcome Chainlink to the Celo community and look forward to the continued growth and collaboration between our communities.”

The post Celo (CELO) blockchain joins Chainlink’s SCALE program appeared first on CoinJournal.

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Three altcoins to hold for 2023: DigiToads (TOADS), Lido DAO (LDO), and Toncoin (TON)

  • DigiToads (TOADS) offers an innovative approach to the NFT space and a promising investment opportunity.
  • LDO is the native token of popular liquid staking platform Lido DAO.
  • Meanwhile, Toncoin’s TON has the potential to benefit from the massive Telegram community and the social media giant’s involvement in The Open Network blockchain. 

From decentralised finance (DeFi) to non-fungible tokens (NFTs), the crypto space is evolving rapidly.

As the markets evolve and cryptocurrency becomes a viable investment option, more and more investors are looking at the next big opportunity. 

While the more established coins like Bitcoin and Ethereum remain top assets for any portfolio, DigiToads (TOADS), Lido DAO (LDO), and Toncoin (TON) offer promising potential for growth and profitability. 

Here is an outlook for the three altcoins and why they may be well-positioned to take advantage of the latest trends. 

DigiToads

DigiToads sits on the top tier of the three altcoins that have the potential to soar in 2023. DigiToads is a decentralized exchange (DEX) built on the Binance Smart Chain (BSC). 

The project aims to provide its users with a fast, low-cost, and user-friendly trading experience while offering them unique benefits, such as liquidity provision incentives and staking rewards. 

DigiToads also features a governance token (TOAD) that allows its holders to participate in the decision-making process of the platform and earn rewards for doing so. 

A big highlight of DigiToads is its presale. The presale of DigiToads is up and going in full swing. 86% of the total TOADS token has already been sold, and we still have time till the end date. 

This presale offers a chance to buy into an exciting new project.

 >> Buy DigiToads Now <<

Lido DAO

Lido DAO is another altcoin on many investors’ watchlists. Lido DAO, founded in December 2020, is a Decentralized Autonomous Organization that facilitates Ethereum liquid staking. The platform seeks to overcome the challenges associated with traditional staking by allowing users to stake their assets without locking them up for prolonged periods. 

The LDO project has swiftly emerged as one of the best liquid staking tokens, attracting over $13 billion in staked assets in less than a year of its launch. 

Additionally, the platform features a referral program that rewards users with LDO tokens for introducing others to stake on the platform. Lido DAO has implemented a safelist feature for its referral program, ensuring that incentives are only distributed to Lido DAO-approved partners.

TonCoin

The Open Network (TON) has its cryptocurrency, Toncoin (TON), and operates as a decentralized Layer-1 blockchain network. The project was initially developed by Telegram before it fully became a community-run platform following legal action by the SEC. 

After a slow start, Toncoin has been experiencing significant activity lately, largely due to Telegram’s recent focus on creating a decentralized blockchain ecosystem.

As a result, Toncoin boasts one of the most extensive crypto communities, with a loyal and bullish following that believes in its potential. The community is committed to supporting the project and remains optimistic about its future success.

In 2023, several crypto exchanges and traders are rating TonCoin highly. So, holding this coin might be a great addition to your portfolio..

DigiToads (TOADS), Toncoin (TON) Lido DAO (LDO): Summary

DigiToads, Lido DAO, and Toncoin are three altcoins investors might want to look at and consider holding for 2023. DigiToads’ innovative approach to the NFT space, Lido DAO’s popular liquid staking platform, and Toncoin’s potential to benefit from Telegram’s involvement in decentralized blockchain ecosystems make them promising investments.

With these features and fundamentals, and the expected growth across the market, TOADS, LDO and TON stand out as among the top cryptocurrencies to invest in 2023. 

If you are looking at DigiToads, you can get more information by visiting their website, join the presale or join the community for regular updates.

The post Three altcoins to hold for 2023: DigiToads (TOADS), Lido DAO (LDO), and Toncoin (TON) appeared first on CoinJournal.