Crypto billionaire Vitalik Buterin has suggested a new short-term solution to curb soaring gas prices on the Ethereum network. The solution involves a new network upgrade that reduces the transaction calldata cost as well as limits the total transaction call data in a single block. Surging gas fee prices on Ethereum have constantly plagued the …
Continue reading “Ethereum founder Vitalik Buterin proposes fix for high gas fees”
Wintermute, a leading digital asset market maker, announced today that it has launched a $20 million fund to bootstrap dApp development on Polygon. In a press release shared with CryptoSlate, the company said that the fund is part of Wintermute’s newly established strategic partnership with Polygon. Wintermute to pour millions into Polygon, starting with Router …
Continue reading “Wintermute launches $20 million fund to support Polygon development”
According to the British daily broadsheet The Times, the English Premier League has plans to investigate the growing ties between crypto firms and football clubs in the League. Crypto partnerships thrive with Premier League Clubs The economic impact of covid-19, and the restriction of mass gatherings, was a significant blow to football clubs worldwide. During …
Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead of Election, Major Parties Support Tax Break for Crypto Investors …
Continue reading “Finance Committee Approves Legislation Delaying Crypto Tax in South Korea”
Twitter now has a new chief executive officer after Jack Dorsey resigned Monday. Dorsey, who is still the CEO of Square Inc., previously said that he wants to focus on bitcoin. Fundstrat Global Advisors’ managing director and head of research explained why Dorsey’s departure from Twitter is bullish for crypto. Twitter Has New CEO: Jack …
Continue reading “Jack Dorsey Resigning as CEO of Twitter Is Bullish for Crypto, Says Fundstrat”
sponsored On November 27th, 2021, RChain‘s founder Greg Meredith and blockchain scientist Atticbee were invited as guests to an AMA hosted by the Hoo Exchange. Hoo is a Dubai based innovation driven crypto exchange and has their in-house developed public chain, HSC, built for the global cryptocurrency market. In this session, Greg Meredith and Atticbee …
Continue reading “RChain and Hoo: The Arrow Has Already Been on the String”
As 2021 nears its end, the firm Harpercollins, the publisher behind the printed and online Collins English Dictionary, has revealed “The Collins Word of the Year.” According to collinsdictionary.com, the word of the year is the abbreviation for non-fungible token, otherwise known as “NFT.” Collins English Dictionary Word of the Year Is NFT Non-fungible token …
Continue reading “‘NFT’ Chosen as 2021’s Collins English Dictionary ‘Word of the Year’”
A widely followed crypto strategist and trader is highlighting a crucial level that Cardano (ADA) must hold to keep its bullish market structure. In a new strategy session, crypto analyst Jason Pizzino tells his 242,000 YouTube subscribers that Cardano is still in a macro bullish trend despite the smart contract platform’s massive decline from its …
In 2010, if someone had told you that Internet memes, digital artwork and Twitter avatars would sell for hundreds of thousands of dollars, would you have believed them? Well, these are nonfungible tokens, or NFTs, in a nutshell. NFTs are driving blockchains toward uncharted territory on the backs of cute kitties and pixelated punks. What …
Continue reading “NFT sales aim for a $17.7B record in 2021: Report by Cointelegraph Research”
MetaMundo, a virtual nonfungible token (NFT) marketplace focused on metaverses, has announced the completion of a seed funding round of $2.7 million. Led by Animoca Brands, MetaMundo’s debut funding further included Hypersphere Ventures, Digital Currency Group, OP Crypto, Metaartel Ventures and angel investments from the co-founders of Aave and Rarible, among others. Built upon layer-two …
Continue reading “3D metaverse marketplace MetaMundo aims for 2022 launch with new funding”
The use of cryptocurrencies to evade international sanctions from various international governmental organizations like the United Nations (UN), the International Monetary Fund (IMF) and the World Bank, among others, has been a concern for regulators ever since the creation of cryptocurrencies. The rapidly increasing adoption of digital currencies in the last two years makes this …
Continue reading “Crypto’s impact on sanctions: Are regulators’ concerns justified?”
Avalanche ecosystem accelerator Colony has raised $18.5 million in seed investments to bootstrap the next generation of Avalanche blockchain projects, underscoring heightened demand for the proof-of-stake ecosystem. The investment round was led by the Avalanche Foundation, an organization overseeing ecosystem development grants, with additional participation from Shima Capital, HashKey, GBV Capital and Bixin Ventures. Members …
Continue reading “Avalanche ecosystem accelerator raises $18.5M in seed funding”
Changpeng Zhao, the CEO of the largest cryptocurrency exchange platform, Binance, has laid out what it takes for a token to be listed on the exchange. Zhao stated that the number one factor for a token listing on the giant exchange is the number of users. During a Forbes interview, Zhao noted that while there …
Continue reading “Binance CEO says token listing depends on the number of users”
Snoop Dogg, one of the most iconic hip-hop stars, has released an NFT series. The series dubbed “Decentral Eyes Portrait Series” will depict Snoop Dogg in 10 different versions. The NFT was noted on SuperRare, a popular NFT marketplace. Snoop Dogg collaborated with Coldie, a popular artist in the blockchain and NFT sector, to make …
Continue reading “Snoop Dogg releases another NFT series on SuperRare”
The Avalanche network has been receiving much attention in recent days. The network is classified as one of the most scalable ones in comparison to Ethereum. It offers fast transaction speeds, and its fees are relatively low. Because of the attention it is receiving, its native token, AVAX, has been on a major bullish rally. …
Continue reading “Avalanche Price at $119 after 8.4% gains – How to buy AVAX”
