5 Best Cryptocurrency to Buy for Long-Term Returns May 2022 week 4

As the bulls gradually return to the Crypto market, investors are finally reminded of why they need the best cryptocurrency to buy for long-term returns. These digital assets are known to post consistent returns in the long term. Here are our best picks. 1. Lucky Block (LBLOCK) The LBLOCK token from Lucky Block is our …

Soft fork vs. hard fork: A Detailed Comparison

With the continuous technological advancements, most software users are aware of the constant maintenance and upgrades required to improve the efficiency of their programs. So you apparently wouldn’t ignore it when your device’s digital banking application notifies you to update it. On the other hand, perhaps your smartphone upgrades on its own as soon as …

A Beginner’s Guide to Understanding the Layers of Blockchain Technology

Blockchain technology is a distinctive amalgamation of twenty-century technologies like cryptography, game theory, etc. As a result, blockchain technology has a wide spectrum of use-cases, including the present fintech trend, cryptocurrency. For those new to the terms cryptography and game theory, cryptography is simply the encryption and decryption of data, and game theory is the …

eBay Announces First NFT Collection in Collaboration with OneOf, a Green Web3 Company

The worldwide e-commerce giant eBay and a leading green NFT platform for communities across sports, leisure, and music announced the launch of a series of one-of-a-kind NFT collectibles through a strategic collaboration.  With this cooperation, eBay combines its global reach and unequaled inventory with OneOf’s eco-friendly Web3 technology to provide a seamless experience that allows …

BNP Paribas will trade tokenized bonds on JP Morgan’s blockchain

BNP Paribas, a French banking powerhouse, has teamed up with J.P. Morgan’s Onyx Digital Assets blockchain platform. The collaboration is a part of a strategized step that will allow BNP Paribas to deploy fixed-income assets tokenized copies for short-term transactions, according to a Financial Times report. Following the 2008 financial crisis, banks are required to …

WEF 2022: Satoshi Nakamoto could be a woman, says Meta VP Nicola Mendelsohn

The fourth day of the ongoing World Economic Forum (WEF) saw major discussion around the role of women in Web3 and how the decentralized ecosystem is the place for inclusiveness. Women are investing in crypto at half the rate of men. Join us at #WEF22 to hear about solutions we can implement to get women …

Exchanges show initial support to Terra revival by listing new LUNA token

Crypto trading platforms show initial signs of support for the revival of the collapsed Terra network by listing Terra’s brand new token, also named LUNA. The HitBTC exchange took to Twitter on Wednesday to announce that Terra’s new chain token Luna will be available on its platform on May 27. The news comes amid Terraform …

Korean Exchanges Shun Do Kwon’s LUNA 2.0 Listing Request Citing Ongoing Investigations

Quick take: Terraform Labs Chief Do Kwon supposedly reached out to five exchanges in South Korea. The request comes as the proposal to launch a new Terra chain and token airdrop is up for voting. Local exchanges seem wary of the idea due to the recent LUNA crash. Digital asset platforms also cited ongoing investigations …

Ethereum’s Merge is Due in August, Barring Any Problems

The LUNA crash, the Terra disruption, and the ongoing market instability have all impacted the way people are thinking about blockchain. Despite market uncertainty, one thing is certain: Ethereum’s full upgrade to Proof-of-Stake is still in the works, and the Merge is expected to take place in August if everything goes as planned. Ethereum is …

What is Sharding? This Ethereum Scaling Concept Explained

As the scaling debate in cryptocurrencies continues, some potential solutions have actually been in development for quite some time now. Specifically, in the case of Ethereum, where a large focus is placed on decentralization and security at the expense of scalability, the application of sharding in conjunction with implementing Proof of Stake consensus is seen …

Terra community litigation fund’s details raise ‘red flags’

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! @FatManTerra tweeted details of a community litigation fund that aims to compensate victims of the Terra scandal and clarified that he would not promote or share the link due to “red flags.” I would like to have a little heart-to-heart with …

Inside GameFi: A deep look at the fast-growing, play-to-earn crypto sector

The crypto industry has seen its fair share of hype cycles, each led by an emerging new sector that promises a revolution in the world of blockchain. Since the ICO boom of 2017, the industry has seen an equally bombastic DeFi summer in 2020 and an even more hyped NFT rush in 2021. To read …

Central African Republic wants to launch Africa’s first legal Bitcoin investment platform

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! According to an announcement on the country’s official Facebook page, the Central African Republic (CAR) is set to launch a cryptocurrency investment hub.  The post revealed that the project would be known as “Sango.” According to the statement, President Faustin-Archange Touadera …

South Korea to tighten scrutiny of exchanges after Terra LUNA collapse

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The collapse of the Terra ecosystem has sent shockwaves across the crypto ecosystem, dragging down the entire market. The debacle has not only raised questions about the validity and sustainability of algorithmic stablecoins but has also increased the urgency for regulating …

Argentinian Cryptocurrency Exchange Buenbit Announces Staff Layoffs

Buenbit, an Argentinian cryptocurrency exchange, has announced a series of layoffs due to the downturn that traditional and crypto markets are currently facing. Buenbit’s co-founder and CEO, Federico Ogue, clarified that this move had nothing to do with the recent Terra ecosystem disaster and that from now on, the exchange would focus on keeping operations …

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