Cardano (ADA) creator Charles Hoskinson is revealing that decentralized exchanges are just weeks away from arriving on the sixth-largest blockchain by market cap. Hoskinson says in a tweet that he’s “really proud” of the team behind SundaeSwap, a decentralized trading protocol on Cardano, which will launch its testnet on December 5th. The purpose of a testnet …
Yearly archives: 2021
Traders say ATOM could eventually do an AVAX-like surge to $100
Cosmos (ATOM) has the potential to record major gains in the upcoming weeks primarily because its longer-timeframe chart is showing a bullish continuation pattern. Dubbed “bull flag,” the structure appears as the asset trends lower while bouncing between two downward sloping trendlines. However, it eventually breaks out of the range, in the direction of its …
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Got crypto? Here are 3 software wallets for storage, staking and swapping
Nearly every segment of the crypto sector underwent explosive growth in 2021. The steady inflow of institutional funds could possibly be interpreted as a signal that the best is yet to come. For new users, figuring out how to obtain cryptocurrency can be a tedious task, and the challenge of securing the assets off exchanges …
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US lawmaker urges congressional action on crypto as government avoids shutdown
Pennsylvania Senator Pat Toomey, one of the ranking members of the Senate Banking Committee, has suggested Congress step in with legislation should the Securities and Exchange Commission (SEC) be unable to provide sufficient guidance on cryptocurrencies. In a Friday announcement from the Senate Banking Committee, Toomey said he was dissatisfied with the answers SEC chair …
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Obscure NFT collection from 2019 racks up a $100 million valuation
With over 13,000 NFTs in its portfolio, the WHALE Vault was valued at over $100 million in the latest audit published by NonFungible.com. WHALE was launched in May 2020 as an ERC-20 token and is primarily backed by the NFT collection stored within The Vault. Based on market conditions and analysis, the popular NFT market …
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Nervos enters DeFi arena with ‘Yokaiswap,’ $70 million locked up on first day
Nervos today announced that “YokaiSwap,” a decentralized trading platform, is now live on the mainnet. YokaiSwap is the first decentralized exchange (DEX) built on Nervos, marking an important step for the network’s development as emerging projects begin building and launching decentralized apps (dApps) within the ecosystem. As DeFi continues to take off and crypto users …
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Elizabeth Warren Queries Bitcoin Mining Operation, US Senator Says Crypto Miners Raise Environmental Concerns
Senator Elizabeth Warren has written a letter to the CEO of the New York bitcoin mining firm Greenidge Generation, Jeff Kirt, asking for details on the company’s emissions. Warren’s letter insists “Greenidge and other [bitcoin mining] plants raise concerns about their impacts on the global environment.” Elizabeth Warren Takes Aim at Bitcoin Mining Operations The …
Security Focused DeFi Project EverRise Now Live on 3 Blockchains, Staking Introduced
sponsored Originally launched on June 15th, 2021, EverRise is a blockchain technology company that offers bridging and security solutions across multiple chains through an ecosystem of decentralized applications. With their RISE token, they were the first to bring the buyback to crypto. Since then, the buyback mechanic has become standard in space with countless forks. …
BCH Ecosystem Gains New NFT and Dex Platforms, TVL in Smartbch Defi Climbs 180% in 30 Days
During the last few months, the Smartbch project has swelled with numerous projects, custom tokens, and the total-value locked (TVL) in five Smartbch decentralized exchange (dex) platforms has jumped more than 180% since November 3. Smartbch Defi TVL Climbs 180% in a Month — Bitcoin Cash Universe Now Has 5 Dex Platforms Eight months ago, …
Blockchain.com Reveals Non-Fungible Token Marketplace and NFT Explorer
The crypto firm Blockchain.com is joining the slew of digital currency exchanges that have launched non-fungible token (NFT) marketplaces in recent times. On December 2, the company announced it is launching the Blockchain.com NFT marketplace, and select users can sign up for beta access today. Blockchain.com NFT Marketplace Launches Beta Access Non-fungible token (NFT) assets …
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Crypto’s Top-Ranking Ethereum Competitor Could Explode to Five Times Its Current Value, According to Coin Bureau
The host of the popular crypto channel Coin Bureau is explaining why he thinks one Ethereum (ETH) competitor and smart contract platform could explode in the coming months. Pseudonymous crypto analyst Guy tells his 1.7 million YouTube subscribers that Solana (SOL) can potentially hit “an extremely bullish target that borders on fantasy.” Smart contract platform Solana …
Ethereum Could Be Better Store of Value Than Bitcoin, According to New Report – Here’s Why
A new academic study finds that Ethereum (ETH) has one key feature that could eventually make it a superior store of value compared to Bitcoin (BTC). A recent report published on the Social Science Research Network finds that ETH’s built-in deflationary mechanics set it apart from BTC. “Bitcoin, with a finite eventual supply of tokens, …
Ethereum Challenger Soars 775% in Just Three Days Amid Massive Rebranding and Crypto Asset Overhaul
A data exchange cryptocurrency saw a massive price spike after announcing sweeping changes to its protocols. GXChain (GXC) recently announced that it will undergo a “comprehensive revolution”, relaunching as GXChain 2.0 and taking the name REI Network (REI). The news sent GXC on a rally from a seven-day low of $0.62 to $5.43, a nearly …
Analytics Firm Santiment Looks at What’s Next for Basic Attention Token After Altcoin’s Big Breakout
Santiment says the Ethereum-based altcoin Basic Attention Token (BAT) may struggle to keep its momentum after the asset soared 37% to a new all-time high on Sunday. In a new report, the blockchain analytics firm says that BAT has already shed about 20% of its market capitalization and that the token’s daily active addresses plunged …
Norwegian Block Exchange to become first Nordic crypto platform to list on Euronext
On Friday, Norwegian Block Exchange (NBX) announced it would become the first cryptocurrency platform among the Nordic countries (Norway, Sweden, Denmark and Finland) to list its shares on the pan-European Euronext stock exchange. NBX was created in 2018 by Bjørn Kjos, who also founded Norwegian Air Shuttle and Bank Norwegian. NBX has eight cryptocurrencies listed …