Meme tokens and dogcoins have been an integral part of the ongoing market-wide bull run in the cryptocurrency markets. Among the plethora of these tokens that have been flooding the market, two of these tokens, the longer-standing memecoin Dogecoin (DOGE) and Shiba Inu (SHIB), have gained the most traction and popularity. Most recently, SHIB started …
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It used to be unimaginable to think of cryptocurrencies without thinking of blockchain. With the DAG model, however, several cryptocurrencies have already been built using this technology. Some examples are Obyte, IOTA, and Nano, to name a few. Although still relatively new, the DAG framework shows great potential. As mentioned, some projects have already used …
Continue reading “What is a directed acyclic graph in cryptocurrency? How does DAG work?”
Nonfungible token-based projects like Loot and The N Project have helped spike interest in the Metaverse to an all-time high, raising hopes again that blockchain will finally break through to the masses. Will it, or is history doomed to repeat itself? The problem is that the very things that capture the imagination of the public …
Continue reading “How blockchain technology might bring triple-A games to metaverses”
Bitcoin (BTC) fan, Tesla CEO and world’s richest man Elon Musk says he will sell 10% of Tesla stock (TSLA) — if Twitter tells him to. In a Twitter survey on Nov. 6, Musk entered the debate on United States tax policy by offering to test it with a sale currently worth $23 billion. Twitter …
A job description posted on Revolut’s LinkedIn page indicates that the London-based fintech startup is looking forward to recruiting a tech team that will assist the firm in building its crypto exchange. According to the official job posting, digital bank Revolut is looking to hire a tech team that will lead the company towards establishing …
Continue reading “Fintech startup Revolut amps up crypto hiring amid renewed interest in the sector”
Restaurant chain Jack in the Box has sued cryptocurrency exchange FTX alleging that the crypto company “brazenly and illegally copied or derived its ‘Moon Man’ mascot” from its own mascot. The lawsuit details that FTX’s refusal to stop using Moon Man has caused Jack in the Box “considerable economic damage and irreparable harm, including by …
Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after passing with a vote of 228–206 on Friday. Bipartisan Infrastructure Bill Passes to the Tune of $1.2 …
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ranking executive at the European Central Bank. Panetta stressed that both this paradox as well as the need …
Continue reading “Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says”
Blockchain news and updates outlet CryptoDiffer is revealing that blockchain-based game Axie Infinity, along with smart contract platforms Fantom and Solana are among the top altcoin performers this year. CryptoDiffer tells its 258,000 Twitter followers that Axie Infinity (AXS) is the hottest altcoin this year, printing gains of over 26,000% in just 10 months. AXS …
Bitcoin (BTC) continued to track sideways on Nov. 7 amid warnings that now is “not the time” to sell BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Not the time to be selling” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering near $62,000 throughout Sunday. The pair had continued a flat period over the …
Continue reading “Bitcoin consolidates right below Fib level that triggered 2013 all-time highs”
Solana (SOL) surpassed Cardano (ADA) and leading stablecoin Tether (USDT) to become the fourth-largest cryptocurrency by market capitalization. At press time, the net worth of total SOL tokens in circulation was a little over $76 billion, falling only behind Binance Coin’s (BNB) $109 billion, Ether’s (ETH) $540 billion, and Bitcoin’s (BTC) $1.17 trillion. Top ten …
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Daniela Barbosa, general manager for blockchain, healthcare and identity at the Linux Foundation and executive director of Hyperledger. …
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Macro guru Raoul Pal says Cardano (ADA), Solana (SOL), Avalanche (AVAX) and Terra (LUNA) will be super explosive this bull cycle, but with one catch. In a new interview on Real Vision with Ash Bennington, Pal says he’s open to the possibility that Ethereum goes through an extended bull cycle that lasts close to June …
Real-world use cases are one of the main adoption drivers for every crypto ecosystem, which also holds true for the Bitcoin (BTC) network. In the next seven days, the Bitcoin protocol will undergo a soft fork in the name of Taproot upgrade, which aims to improve the network’s privacy, efficiency and smart contracts capability. Taproot …
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Decentralized finance, commonly known as DeFi, has continued its unabated growth in the crypto industry as one of the metrics used to measure its progress, total value locked (TVL), has reached a new all time high of above $250 billion. DeFi TVL now over $250 billion During Bitcoin’s green run in October, the TVL of …
Continue reading “DeFi on Ethereum, Solana, Terra, and others hits $250 billion in TVL”
