cryptocurrency widget, price, heatmap
Search icon
Search icon
Telegram iconTwitter icon
Share icon
Share page
Cryptocurrencies/Coins/HamsterCoin (HAMS)
HamsterCoin price, market cap on Coin360 heatmap

HamsterCoin(HAMS)

Arrow icon
Add to watchlist
?
? SAT
Market Cap (Rank#826)
?
? BTC
Vol 24h
?
? BTC
Circulating Supply
?
Max Supply
20,000,000
131 day agocryptodaily
More Dubai Businesses Open Up To Crypto Payments
After the Citizens School, a law firm in Dubai announced that clients would be able to pay for its legal services with digital currencies like Bitcoin, Ethereum, and Tether USD. First Law Firm To Accept Crypto Ashish Mehta & Associates, Solicitors and Legal Consultants became the first law firm in the UAE to start accepting payments in digital currencies. Clients will be able to make payments in BTC, ETH, and TUSD. According to the firm’s founder and managing partner, Ashish Mehta, the decision was greatly informed and encouraged by the regulatory and compliance framework devised by the Dubai and UAE governments. Mehta said, “If the government is providing regulatory framework infrastructure, it would be a good start to jump on to the bandwagon and be the first law firm in Dubai to accept payments in crypto. Larger local companies without naming are doing this as well. When certain commercial enterprises with external shareholders are also holding or receiving payments in crypto, so in a similar way, we are all sailing in the same boat.” Further Clarification In The Works Under the initiative, the crypto payments are received via a digital currency platform that processes them and automatically converts them to Dirhams (AED). Mehta has also expressed his faith in the vision of the Dubai government, citing the recently established virtual assets regulatory authority as an indicator of better things to come for the industry in the UAE. Even the mild uncertainty around reporting crypto profits and expenses on annual tax returns has not deterred Mehta. He believes that the government will soon provide the necessary format for these requirements. Dubai Businesses Welcome Crypto Mehta’s optimistic viewpoint on crypto adoption across the country is shared by many businesses and individuals in UAE. Multiple organizations like a school, F&B outlets, and real estate developers have already enabled crypto payments. For instance, the Dubai-based Citizens School, which is all set to open its gates from September 2022, has announced that it will be accepting tuition fee payments in Bitcoin and Ether, in addition to traditional fiat currencies. Dubai residents can also visit the Doge Burger restaurant and pay for a meal using a plethora of cryptocurrencies like Dogecoin, Bitcoin, Ethereum, BNB, CRO, XRP, USDT, and SHIB. Another noteworthy example is that of Dubai’s well-known property developer, Damac Properties, which has also announced that it will be accepting BTC and ETH payments for property sales. The Damac Group is also investing in establishing a strong presence in the metaverse by sponsoring a project to build digital cities. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
153 days agocryptodaily
UAE’s Crypto Race Heats Up: Kraken Gears Up For Abu Dhabi Operations
With the crypto race heating up in the United Arab Emirates, the crypto exchange Kraken has recently obtained the crypto operations license, allowing it to set up shop in Abu Dhabi. Crypto Firms Flock To Dubai The crypto firm will set up its regional office in Abu Dhabi to operate its virtual asset platform in UAE. Operations will start during Q2 or Q3 of 2022, catering to a new client base in matters of investing, trading, withdrawing, and depositing digital assets directly in dirhams. The UAE’s pro-crypto stance has drawn in several crypto firms and exchanges to set up operational bases. The world’s largest crypto exchange, Binance, has been looking to acquire an operational license in Dubai, to set up shop in the Dubai World Trade Centre. Initial reports have claimed that the crypto firm is awaiting its accreditation to operate as a crypto services provider in the DWTC after signing an agreement with the latter to pursue expansion. The DWTC also seeks to establish an independent crypto authority and develop itself as a ‘free zone’ for crypto operations. Another crypto front runner and one of Binance’s top competitors, FTX, had also applied and received the license from Dubai’s virtual asset service provider authority to set up a regional headquarter in the city. Other noteworthy crypto firms to have made their presence felt in the UAE are BitOasis, Bybit, and Crypto.com. Middle East’s Third Largest Crypto Market As the US and other global superpowers clamp down on crypto regulations, firms and exchanges have been looking for countries with a more progressive approach to the industry. The UAE, with its oil-supported economy and temperate views on cryptocurrencies, presents an attractive climate for the world’s largest crypto firms like Kraken, Binance, etc., making it the Middle East’s third-largest crypto market. The country’s capital, Abu Dhabi, has been also polished up and presented as the next big global crypto hub by adopting a virtual asset regulatory framework back in 2018. Dubai also has followed suit recently by establishing a similar yet independent authority that will regulate the city’s crypto sector. Crypto In Dubai School, Real Estate Dubai has also been incorporating crypto and blockchain tech into the daily facets of life in the city. For example, the Citizens School, which will be starting classes in September 2022 in Dubai, has announced that it will accept tuition fee payments in BTC and ETH along with Dirhams. In addition, the city’s renowned real estate developer, Paradise Hills Property Development, has also partnered with a p2p network company, ThreeFold, to introduce the world’s largest decentralized internet cloud powered by the ThreeFold Blockchain into homes in Dubai. As a result, these homeowners will have the computing power and internet storage to run decentralized applications (dApps). Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
178 days agocryptodaily
Dubai School Greenlights School Fee Payments In Crypto
Dubai’s Citizens School has announced that it will be accepting school fee payments in BTC and ETH, becoming the first school in the Middle School to do so. Pay Tuition Fees In BTC, ETH The Citizens School, which is based in Dubai, will officially start operations in September 2022. As per reports, the school authorities have already announced that they will accept tuition fees in Bitcoin (BTC) and Ethereum (ETH).To facilitate this new mode of payment, the school will be integrating a digital platform that will automatically convert cryptocurrency to the currency of UAE, which is Dirhams (AED). Speaking on the matter, Dr. Adil Alzarooni, Founder of Citizens School, noted, “By introducing this new payment facility, we look forward to enhancing the role of young generations in achieving the UAE’s digital economy. As more people embrace the era of digitalization, today’s children will become the entrepreneurs and investors of tomorrow.” Food Industry Adopting Crypto Payments Although cryptocurrency has been flourishing across the Middle East, this will mark the first time crypto is being included in the education sector. The interest in crypto has already permeated into other industries in the region. The first Dogecoin-inspired, crypto-powered burger restaurant was recently launched in Dubai. This restaurant, called Doge Burger, accepts a multitude of cryptocurrencies as payment, including Dogecoin, Bitcoin, Ethereum, BNB, CRO, XRP, USDT, and SHIB. Dubai Banking Heavily On Crypto Following the total market capitalization of crypto hitting the $2 trillion mark, governments worldwide are keen to get a piece of the crypto pie. Dubai is not one to be left behind. The capital of the UAE has jumped into the global crypto race and already made notable progress in making the region more welcoming toward crypto and blockchain tech. The Dubai Government implemented a safe and advanced legal framework that would help promote the asset. A regulatory body called the Virtual Asset Regulatory Authority (VARA) was established under this initiative to set the groundwork for building Dubai up as a crypto hub. Binance, the world’s largest crypto exchange, has also recently received the Virtual Asset License. The license opens up doors for the exchange by allowing operations within the Emirate’s ‘test-adapt-scale’ virtual asset market model under the VARA’s initial regulatory phase. The city has already partnered up with Binance to take the city to another level by rebranding it as a crypto hub, with its base to be set up in the Dubai World Trade Center (DWTC). Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
212 days agocointelegraph
Penalties and extra time: The scoreboard for soccer club crypto deals
Despite Turkish government regulations having hamstrung Bitci’s soccer sponsorship deals, footballing crypto companies already have the home advantage.
247 days agocryptodaily
Polkadex Seeks Community Backing To Nab Coveted Polkadot Parachain Slot
Web3 and DeFi trading engine project Polkadex is asking for a massive favor from its community this week as it bids to secure a coveted parachain slot on the interoperable Polkadot blockchain. Polkadex is a fully decentralized and hybrid peer-to-peer crypto orderbook built on Substrate that aims to combine the best aspects of centralized and decentralized exchanges. While decentralized exchanges have become commonplace in recent years, they tend to be hamstrung by problems including slow transaction speeds and a lack of liquidity, meaning slippage becomes unavoidable when trading on such platforms. Polkadex’s goal is to remedy that by fusing the liquidity of centralized crypto exchanges with the autonomy and security of decentralized platforms. Its main components are the Polkadex Orderbook, which is an exchange platform with no custody of funds, the Polkadex IDO Platform for Substrate-based token launches, and Polkadex Mobile, a mobile trading app that supports cold wallets. The fourth and final component of Polkadex will be its decentralized blockchain network, built on one of Polkadot’s parachains to support swap protocols with feeless swaps. One of the main advantages of Polkadex Orderbook will be its high scalability. It has been designed to support 500,000 transactions per second with sub-millisecond latency, meaning it can handle high-frequency and algorithm-based trading. It also boasts support for Ethereum and Substrate assets. The idea with Polkadex is to make decentralized trading more powerful and accessible by improving liquidity and reducing gas fees through its cross-chain support. One of its most interesting features is its asset delegation capability, which makes it possible for platform users to delegate their assets to a third-party - such as an algorithmic trading bot or a fund manager - so they can trade on their behalf. Why does Polkadex need a parachain slot? Securing a Polkadot parachain is key to Polkadex’s ambition to enable more powerful and accessible decentralized trading. Parachains are specialized Layer-1 blockchains built on the Polkadot network that can be tailored to suit different purposes. Notably, the parachains on Polkadot are all interconnected, meaning data and assets can flow freely across all of them. It’s this unique characteristic that enables parachains to overcome the isolation of existing Layer-1 blockchains. It means projects built on Polkadot’s parachains will be able to innovate to a degree that’s unprecedented in the blockchain industry. Polkadex needs a parachain slot for interoperability with other blockchains. If it gets one, it will benefit from being more scalable, easily upgradeable thanks to Substrate’s blockchain framework and lower gas fees. Another key advantage is that parachains get to share the security of Polkadot’s network as soon as they connect to it. “The Polkadex network does not yet benefit from the interoperability and shared security that come with being a parachain,” the project’s leaders wrote on Medium. “Interoperability is key for Polkadex. The ability to trustfully move an asset from a different chain over to Polkadex will be a game-changer for traders and decentralized finance fans alike.” Polkadex is bidding to lease a parachain slot for 96 weeks via an auction and it will need the backing of its community if it’s to succeed in that goal. The community is being asked to contribute DOT (the native token of Polkadot) holdings to its crowdloan campaign in return for some very generous PDEX (Polkadex’s coin) token and NFT rewards. The next crowdloan kicks off on January 17, but community members should note that if they decide to back Polkadex their DOT tokens will be locked up for an indeterminate period of time. Assuming Polkadex wins a parachain slot, those tokens will be inaccessible for the next 96 weeks. If it fails to secure a slot, the tokens will be unlocked once the auction runs its course. While the DOT tokens are locked, Polkdex will reward its backers with PDEX tokens. In its blog post, the team said two million PDEX tokens have been set aside for rewards, with 1.5 million PDEX to be used as base rewards, distributed in an equal manner, and the other 500,000 PDEX as bonuses, including a 15% early-bird bonus for all contributions within the first 72 hours of the Crowdloan going live. One quarter of the PDEX will be paid out in bulk the moment Polkadex becomes a parachain, with the remaining tokens to be vested linearly over the 96 week duration. In addition, Polkadex will also hand out 1,000 limited edition and utility-based NFTs to the top 1,000 contributors to the auction, on top of their base rewards and bonuses. “We need your support in the form of DOT contributions to the Polkadex Crowdloan, which will go live on January 17th,” the Polkadex team said in its appeal. “Your loaned DOT will go a long way towards fulfilling the original vision of interoperability and trustless cross-chain transfers.” For more details on the rewards and how to contribute DOT to Polkadex’s parachain bid check out its crowdloan campaign here. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
252 days agocryptodaily
Sothebys will accept crypto for largest diamond ever auctioned
A rare 555 carat black gem will be auctioned by Sothebys in February. It will be the largest diamond ever auctioned, and Sothebys has stated that it will accept payment in cryptocurrency. The diamond, given the name “the Enigma”, will be auctioned with no reserve, and so will be sold to the highest bidder regardless of the sell price. According to a Bloomberg article on the subject, the diamond is expected to fetch from $4.1 up to $6.8 million in a market that is extremely buoyant for the sector. The Sothebys decision to accept crypto for the diamond is no doubt helped by the sale of a $12.3 million diamond back in July last year to a buyer from Hong Kong. The buyer paid for the purchase in crypto. The Enigma diamond has quite some history behind it. In 2006, the Guinness Book of Records named it the largest cut diamond in the world. The design of the jewel is inspired by the ‘Hamsa’, a Middle Eastern symbol of a hand, which is supposed to give protection. The hand is associated with the number 5, which is why the diamond has exactly 555.55 carats and why it has been cut with 55 distinct sides. Source: Thenationalnews.com Auction houses are having more and more to do with the crypto industry. The NFT sector is one where auction houses have been having particular success. In March last year, the NFT artist Beeple sold a work for $69.3 million paid in ether. The sale made his works the most valuable for a living artist after David Hockney and Jeff Koons. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
271 day agocryptodaily
Governments and regulators are just so far behind in understanding cryptocurrencies and how to regulate them
Behind the scenes governments and their regulators are struggling to come to terms with the intricacies of the cryptocurrency world, such as stablecoins, NFTs, DeFi, play-to-earn gaming, and many more facets of a fast-evolving cutting-edge technology sector. On the surface though they are playing it cool, putting out the odd pronouncement to warn citizens of the dangers of dabbing in such a ‘dangerous’ world where the investor does not have the same ‘protections’ afforded by the traditional financial sector. However, the onus is on the regulators to furiously play catch-up behind the scenes. Notwithstanding the amount of effort they must be applying to the problem, they are hamstrung by the speed, innovation, and complexities of the technology itself. For example, it is patently obvious that the Securities and Exchange Commission, one of the most vocal regulators on crypto, is back with the dinosaurs, insomuch as the comments of Gary Gensler, chairman of the SEC, would suggest. The SEC leader appears to believe that he will be able to shoehorn all of crypto into the same basket of securities, by applying a test from 1946 that was designed to ascertain whether Florida citrus groves were securities or not. Surely, given the pace of technology since those times, we are due for the securities laws to be rewritten. Not just this, but given the way crypto and blockchain are changing the face of many traditional sectors, it would seem logical to have just one regulatory body that specialises in this field, and that listens to the expertise available across the cryptocurrency space. But what we have so far is far from encouraging. A report by the Financial Crimes Enforcement Network (FinCEN) stated that the Treasury would be applying its anti-money-laundering controls to crypto, while the Financial Action Task Force actually included a mention of NFTs in its guidance on cryptocurrencies. Of course, we also have the section in the recently passed Infrastructure Bill, that is so broad in its definition of a “broker” in crypto, that when and if it comes into force it will destroy many participants in crypto just because the reporting requirements will be beyond their powers to comply with. Perhaps some of the governments might follow the path of China, and just outlaw any transactions to do with cryptocurrencies. Yes, this will destroy all the innovation that they bring, but it would certainly ensure that citizens would be forced to use central bank digital currencies, thereby helping the crumbling fiat monetary system to endure a while longer. So it looks like the crypto sector is facing heavy-handed enforcement from bodies that just don’t understand it. That should make sure it is set back many years, and would do much to appease worried players in the legacy financial system. However, should anyone in authority actually be interested in exploiting the most exciting and game-changing technology since the internet, perhaps they should think of allowing a specialised kind of crypto watchdog to operate. This watchdog could be composed of experts from every sector within the crypto industry, experts that would be incentivised to get the regulation right, rather than bureaucrats with an axe to grind such as the aforementioned chair of the SEC. With a ‘fourth turning’ on the horizon, institutions are said to suffer being “torn down, and rebuilt from the ground up”. Given how the existing monetary system is right on the brink of collapse, might crypto be the people’s currency that rises from its ashes? Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
298 days agocryptodaily
IDEX Launches v3 Hybrid Liquidity on Polygon
IDEX, a decentralized cryptocurrency exchange based in San Francisco, has launched its v3 Hybrid Liquidity on Polygon, a Layer 2 scaling solution.The launch introduces five key features to the DEX: combined automated market making and order book liquidity; trading rewards paired with liquidity mining; full transactional guarantees; a ‘real limit’ for trades and stop-loss orders, and low transaction fees across its platform.According to IDEX, its project is aimed at alleviating the “primary shortcomings within the DEX ecosystem, including front-running, slippage, and sandwich attacks, while also protecting users from the surging gas fees on the Ethereum network.”IDEX claims to have an innovative exchange design that offers crypto traders with the same features and functionalities that would otherwise have been limited to centralized exchanges, but with the fully configured “Hybrid Liquidity” features built into its platform to ensure security and liquidity of AMM pools.IDEX notes that the the DeFi sector has continued to boom exponentially, with the total value locked in DeFi protocols now reaching $256.91 billion, which statistically is a 1,089.4% surge. Despite this explosive growth, there have been persistent issues surround the DeFi ecosystem. IDEX aims to address these issues by providing traders with the primary elements of CEXs and DEXs, while maintaining settlement costs at a minimum: between 10,000-100,000x cheaper than layer 1 Ethereum. “DeFi has been hamstrung by issues like gas prices, front-running, and slippage since its inception, yet few solutions have truly offered answers to these problems,” shares IDEX CEO Alex Wearn. “The novel Hybrid Liquidity design protects users from these pain points, while simultaneously generating higher returns for liquidity providers to boost the scalability of the wider decentralized economy.” he adds. Until recently, failed transactions, front-running, and the continuing losses in terms of miner extractable value (MEV) has de-incentivized participation in the DeFi ecosystem. It’s a serious problem that needs to be addressed with technically superior solutions. According to the firm, they will be releasing more features designed to resolve these difficulties in the DeFi sector.In its current iteration, IDEX’ v3 Hybrid Liquidity offers an order book and AMM (automated market maker) liquidity pools that would serve to protect users through instant trade execution across the most optimal combination of limit orders and pooled liquidity. According to IDEX, such an approach results in higher returns for liquidity providers, hence allowing for advanced trades such as stop-loss and limit orders, as well as a fairer environment for real-time trade execution.Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About HamsterCoin

The live price of HamsterCoin (HAMS) today is ? USD, and with the current circulating supply of HamsterCoin at ? HAMS, its market capitalization stands at ? USD. In the last 24 hours HAMS price has moved -0.000208 USD or -0.09% while 3.20882 USD worth of HAMS has been traded on various exchanges. The current valuation of HAMS puts it at #826 in cryptocurrency rankings based on market capitalization.

Learn more about the HamsterCoin blockchain network and how it works or follow the price of its native cryptocurrency HAMS and the broader market with our unique COIN360 cryptocurrency heatmap.

HamsterCoin Price? USD
Market Rank#826
Market Cap? USD
24h Volume? USD
Circulating Supply? HAMS
Max Supply20,000,000 HAMS
Yesterday's Market Cap? USD
Yesterday's Open / Close0.002208 USD / 0.002 USD
Yesterday's High / Low0.003388 USD / 0.001994 USD
Yesterday's Change
-0.09% ( 0.000208 USD )
Yesterday's Volume3.20882 USD
Select...
/
Select...
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
Community
Related coins
Arrow icon