What is Etherscan, and how does it work?

Etherscan is the most trusted tool for navigating through all the public data on the Ethereum blockchain and is sometimes called “Ethplorer.” This data includes transaction data, wallet addresses, smart contracts and much more. The application is self-contained and is neither sponsored nor administered by the Ethereum Foundation, which is a non-profit organization. The team …

How can the Metaverse help the food industry?

Cryptocurrencies and the food industry might not seem like the most intuitive pairing — one based in the digital realm and the other firmly rooted in the physical. But going back to the earliest days of crypto, the very first real-world use case for Bitcoin (BTC) was food-related. On May 22, 2010, Laszlo Hanyecz enacted …

SEC approves BSTX for blockchain settlements on traditional markets

The Boston Security Token Exchange (BSTX), a new facility of the Boston-based BOX exchange, received regulatory approval from the United States Securities and Exchange Commission (SEC) to operate as a blockchain-based securities exchange.  BSTX was launched jointly by BOX and Overstock’s blockchain arm tZERO, originally seeking approval for launching publicly-traded registered security tokens. However, the …

The New York Times calls crypto “the new subprime”

Economist Paul Krugman, writing for the New York Times, drew parallels with crypto and the subprime crisis of 2008. In his scathing opinion piece, Krugman made mention of the near 50% drawdown in total market cap from November 2021 highs, saying, it’s uninformed participants that are hurting the most. “But there’s growing evidence that the …

OpenSea pulls back its controversial NFT minting limit decision

Following community backlash, OpenSea decided to reverse its decision on limiting free NFT minting using its collection storefront contract. The world’s top NFT marketplace previously allowed unlimited mints, however, changed its policy and set a cap at five NFT collections with 50 items per collection.  Backpedal  The NFT marketplace apologetically announced on Twitter it is …

Belgian MP to Receive Entire Salary in Bitcoin — Says Crypto Adoption Will Be ‘Exponential’

A member of the Brussels Parliament, Christophe De Beukelaer, says he will receive his entire salary in bitcoin this year. He believes that the technology will disrupt all industries and crypto adoption is going to be “exponential.” Belgian MP Says He Will Receive Entire Salary in Bitcoin — ‘We Can No Longer Remain Ignorant of …

Finder’s Experts Predict Bitcoin Will Peak at $94K This Year

Finder’s panel of 33 fintech specialists has forecasted that the price of bitcoin will peak at about $94K before ending the year above $76K. In addition, the panel expects the price of the cryptocurrency to reach $192,800 in 2025 and $406,400 in 2030. Finder’s Experts Predict BTC Price for 2022, 2025, and 2030 Finder, a …

American Express Sees Crypto as Asset Class — Says It’s Not a Near-Term Business Threat

American Express (Amex) sees cryptocurrency as an asset class, according to CEO Steve Squeri. He added that right now, the firm does not see crypto as an immediate or medium-term threat to its business. American Express CEO Discusses Crypto Strategy The chairman and CEO of American Express (Amex), Steve Squeri, answered some questions regarding cryptocurrency …

Cardano Whales Double Holdings In 10 Days. Will This Stop The Onslaught?

Cardano (ADA) has been one of the most hardly hit cryptocurrencies during the latest market crash. It has so far lost over 60% of its all-time high, putting the majority of its investors right in the loss territory. The downtrend has been a cause for alarm among holders. But it looks like not everyone feels …

30,000 Bitcoin Holders Lose Millionaire Status Following Market Crash

Thousands of new bitcoin millionaires were added this past year after the multiple rallies the digital asset saw. At its peak, it only required 14.5 bitcoins for a holder to be a BTC millionaire, much lower than it had ever been in the past. Due to this, the number of bitcoin millionaires rose quickly and …

Elevate Brands Offering Bitcoin Payouts on Coinbase Prime

Elevate Brands announced today its “Cash or Coin” acquisition program and integration with Coinbase Prime. As per industry observations, Elevate Brands is always looking for ways to make its acquisition and operating processes more efficient. They announced today that they would be integrating with Coinbase Prime to receive payment in bitcoin or other cryptocurrencies. It …

This Bitcoin Volatility Index Pattern Suggests A Short Squeeze May Be Near

The current Bitcoin volatility Index values suggest that a short squeeze may be near, if past pattern continues to hold. Past Bitcoin Volatility Index Pattern Suggests A Short Squeeze May Happen Here As explained by an analyst in a CryptoQuant post, the BTC volatility index has now reached values where a short squeeze has happened …

LUNA Drops 20% As Investors Panic, What Is The Link With Anchor And UST?

LUNA has been dropping sharply in the past few days, deeper than larger cryptocurrencies. As of press time, Terra’s native token moves on critical support barely above $50 with a 16.4% loss in the last 24 hours. Related Reading | Terra Announces Non-Profit ‘Luna Foundation Guard’ LUNA on a downtrend in the 4-hour chart. Source: …

Web3 innovations are replacing middlemen with middleware protocols

Cryptocurrencies and the wider blockchain ecosystem are helping change the status quo of how we conduct our day-to-day lives. With these emerging technologies, Web3 is being ushered in as a permissionless and open innovation using middleware blockchain protocols. By doing so, they’re replacing middlemen software-as-a-service (SaaS) companies by capturing value at a greater level. Middleware …

Low-Cap DeFi Altcoin Surges After Crypto.com Retail Listing

A low-cap decentralized finance (DeFi) altcoin has bucked the overall crypto market trend and surged in price this week after receiving expanded retail support from a popular exchange. The Singapore-based Crypto.com listed Tectonic (TONIC), the 1275th-ranked crypto asset by market cap, on its mobile app Sunday. Tectonic bills itself as “a cross-chain money market for …

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