IOTA was selected as one of the projects that will take part in the European Union Blockchain Pre-Commercial Procurement. The platform will be competing with four projects in a second round for this EU program for a chance at improving the European Blockchain Services Infrastructure (EBSI). Related Reading | IOTA Smart Contracts Enter Beta Phase …
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Ethereum is one of the prominent blockchains in the crypto industry that established smart contract technology. This helped consolidate decentralized finance and checkmate third-party interference in cryptocurrency transactions. But in the past, its main challenge and setback were linked to scalability and speed in executing transactions. As the months and years roll by, Ethereum is …
Continue reading “Coinbase Chief Of Product Predicts Major Advances For Ethereum In 2022”
Cryptocurrency trader Justin Bennett is revealing where he sees Bitcoin (BTC), Ethereum (ETH) and two altcoins heading in the coming days and weeks. Starting with Bitcoin, Bennett tells his 7,820 YouTube subscribers that the first resistance level the flagship cryptocurrency will come up against if it keeps going up is at $45,600. According to Bennett, …
Shark tank star and billionaire Mark Cuban is revealing his crypto portfolio, which includes several non-fungible tokens (NFTs) and altcoins built on Ethereum (ETH). According to ETH search engine EtherScan, Cuban’s top altcoin holdings include data exchange platform Ocean Protocol (OCEAN), cross-chain smart contract protocol Rarible (RARI), the governance token of the Olympus DAO (gOHM), …
2021 was a breakout year for the cryptocurrency sector and this year is expected to see an extension of the “mass adoption” trend. Public awareness of blockchain technology is on the rise and a new cohort of projects designed to fill more niche roles in society are likely to emerge in the coming months. Three …
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In a Friday announcement, Bitfinex said it would be immediately closing the accounts for Ontario-based customers who have no balances on the platform. In addition, it planned to restrict access to those who do not have open positions in the exchange’s peer-to-peer financing market or open margin positions. Users who have balances or open positions …
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On the first anniversary of the launch of Stacks blockchain (STX), which seeks to make Bitcoin (BTC) programmable, the network achieved over 350 million monthly API requests, 40,000 Hiro (development tool for Stacks to build applications on Bitcoin) wallet downloads, and 2,500 Clarity smart contracts. According to a report by Electric Capital, a venture capital …
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In 2021, crypto finally broke away from being just BTC and ETH into a multifaceted industry with dozens of promising chains, tokens, projects and applications. Some of these projects, especially in GameFi, stopped being tied directly to the price of Bitcoin and began being appreciated as major developments in their own right. However, BTC also …
Continue reading “Top 10 Crypto Stories of 2021 | Footprint Analytics Annual Report 2021”
Crypto’s enemy number one, China, is preparing to roll out its own state-backed blockchain infrastructure to support the deployment of NFT-like collectibles, South China Morning Post reported. The infrastructure, dubbed Blockchain Services Network-Distributed Digital Certificate (BSN-DDC) won’t be compatible with external NFTs, nor will it support cryptocurrency payments. Creating its own NFT industry China is …
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In a much-publicized tweet this past week, Vitalik Buterin voiced his opposition to the use of cross-chain solutions by Ethereum and other blockchains, in favor of a multi-chain future. My argument for why the future will be *multi-chain*, but it will not be *cross-chain*: there are fundamental limits to the security of bridges that hop …
Who would have thought a small nation with approximately 18,000 people would enter the crypto world? During an interview, Palau President Surangel S. Whipps, Jr. announced a partnership with the blockchain and crypto advisor firm Cryptic Labs. The alliance was created to launch the world’s first digital residency platform using blockchain technology, where any person …
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According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Privacy British lawmakers have said the use of a central bank digital currency when making regular payments could …
The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside investments in “social, gaming, fintech, software, and healthcare.” FTX Reveals $2 Billion Venture Capital Fund, Hires Lightspeed Partner Amy Wu FTX Trading Limited has announced …
Crypto exchange giant Coinbase is announcing a new acquisition that will allow it to expand its product range into crypto derivatives. Coinbase says it has acquired FairX, a futures exchange that is regulated by the U.S. Commodity Futures Trading Commission. The cryptocurrency exchange says it will initially offer crypto derivatives to US customers through the …
Tech billionaire Elon Musk is at it again, sending Dogecoin (DOGE) prices soaring with a simple, five-word tweet. On Thursday night, the Tesla CEO tweeted confirmation of much-anticipated news: Tesla customers can now purchase merchandise with the original memecoin. Tesla merch buyable with Dogecoin — Elon Musk (@elonmusk) January 14, 2022 The announcement was no surprise as …
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