Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing

The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,” and developers are encouraging people to join the testnet, report bugs, …

Bitcoin, Ethereum Technical Analysis: ETH Falls to 9-Day Low Below $1,300

Ethereum fell to a nine-day low during Tuesday’s session, as the U.S. dollar rose to a two-week high. The decline comes ahead of this week’s U.S. inflation report, which is expected to show consumer prices falling by 0.2% month-on-month. Bitcoin was also in the red during today’s session, moving below $19,000. Bitcoin Bitcoin (BTC) fell …

Japanese Telecom Giant NTT Docomo Launches $412 Million Metaverse Unit

NTT Docomo, the largest telecom carrier in Japan, has launched a new division that will be dedicated to directing its metaverse push. The unit, named Qonoq, is already operating and has a staff of 200 people, researching and developing software and hardware solutions directed to integrate extended reality products for customers of the Japanese carrier. …

IMPT Coin Presale Surpasses $3M; Crypto Investors Excited to See what’s Next

IMPT.io is both an innovative social media platform and a cryptocurrency program focused at reducing carbon production through the utilization of carbon credits. The initiative is meant to encourage individuals to decrease their own carbon footprints. The unique application of blockchain technology by the platform ensures that all carbon credits are legitimate and prevents any …

Ethereum and Other Risk Assets Setting Up for Trend Reversals, Says Macro Guru Raoul Pal – But There’s a Catch

Macro expert and former Goldman Sachs executive Raoul Pal says Ethereum (ETH) and the rest of the crypto markets could witness wild price swings in the coming weeks. Pal says his DeMark technical indicator, which aims to detect the directional trend of an asset by comparing the most recent maximum and minimum prices to the previous …

Crypto Stories: How an entrepreneur raised $10M for her startup during a bear market

Josipa Majic explains what she and her partners did to build a crypto company at a time when investors were fleeing the space. In the midst of the 2018 crypto price slump, a young entrepreneur invested all her funds and personal money into a prototype that combined fintech and crypto services to offer virtual debit …

Vyper, Solidity and Scrypto: How the smart contract languages compare

A look at three different programming languages for blockchain networks and how they compare. The Ethereum network brought smart contracts into the blockchain space, making concepts like decentralized finance (DeFi) possible.  Smart contracts can automatically execute processes once certain conditions have been met. Along with this new technology, a new coding language was developed called …

Gitex Global 2022 discusses how to educate mainstream media on crypto

Cointelegraph’s editor-in-chief Kristina Cornèr participated in a panel that discussed the topic of cryptocurrency and the media. With crypto becoming more popular, mainstream outlets must be more educated on the space to ensure accurate reporting, according to a panel discussion during the Gulf Information Technology Exhibition (GITEX) Global event held at the Dubai World Trade …

Polkadot: How parachains are changing a blockchain-centric ecosystem

Parity chief marketing officer Peter Ruchatz discusses the ins and outs of Polkadot’s focus on interoperability at Token2049. Smart contract blockchains have played a pivotal role in creating wide-ranging functionality after the advent of Bitcoin in 2009. Ethereum led the way in this regard, but innovative technology stacks like Polkadot have brought a new paradigm …

Google Taps Coinbase To Allow Cloud Service Customers Pay In Crypto By 2023

Summary: Coinbase will power cryptocurrency payments for users who leverage Google’s cloud services, per CNBC’s report on Tuesday. Google will starts crypto payments with a few customers first before opening up the feature to more users. The tech giant announced the agreement with the crypto exchange at the Google Cloud Next conference. Coinbase will migrate …

USTC ‘Stablecoin’ Soared 40% Post a Terra Classic Repeg Proposal

TerraClassic USD (USTC) has soared by nearly 40%. The coin is valued at $0.059 at the time of publishing, but still far from its $1 peg. The fully diluted market cap of USTC is at $561 million, with a 24-hour trading volume of $355 million. A possible reason behind the surge in price could be …

SushiSwap Head Chef Jared Grey Accused Of Several Scams, SUSHI Down 10%

Summary: Jared Grey was accused by a Twitter user of several scams and copyright infringement dating as far back as 2012. The accusations also include sexual abuse of a horse, per tweets and reports circling the crypto community. Grey responded via a thread, saying the accusations are “100% untrue”. SushiSwap recently appointed Jared Grey as …

Formula 1 gets more involved with digital currency and NFT

Formula 1 has been showing interest in digital assets and blockchain technology for quite some time now, and after the initial attempts to get involved with it, it appears that it is finally ready to take some more serious steps towards it. In fact, it recently filed new trademarks related to cryptocurrency, and more than …

Crypto Prices take a dip- Time to buy?

With the last couple of weeks being a completely volatile run for the cryptocurrency industry, investors have been trying to find opportunities to buy the dips. While the introduction of newer projects is still as speedy as before, there has been a considerable decrease in the interest shown by the larger audience; at least for …

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