On Monday, Polygon (MATIC), a layer-two Ethereum (ETH) scaling solution that is known for its fast transaction times and negligible gas fees, announced the launch of Plonky2, a zero-knowledge scaling technology, claimed to be the fastest in the world. Zero-knowledge algorithms ensure everything is correctly computed on layer two and return the succinct proof to …
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Moonbeam is the first Parachain on Polkadot to offer a fully EVM compatible platform for smart contracts. It is going live today and it is not going live in stealth. The launch is unique and worth studying — it doesn’t resemble anything we have seen from a “new L1”, despite being born in the L1 …
Continue reading “The Moonbeam Strategy: Four Lessons In Lean Execution”
Only a minority of Shiba Inu (SHIB) holders are currently in profit as the meme coin rests nearly 70% off its all-time high, according to cryptocurrency analytics platform IntoTheBlock. To determine which holders are currently nursing losses, IntotheBlock looked at wallets with a Shiba Inu balance, identified the average purchase amount of the coins, and …
January 11, 2022 – Dubai, United Arab Emirates Itheum has secured a $1.5 million seed round from Morningstar Ventures that will also provide further incubation for the Elrond-based Itheum project to ensure appropriate growth from its initial stages so it can reach its full potential. Itheum is the first project coming out of the Elrond …
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January 11, 2022 – Palo Alto, California Pledge Finance is pleased to announce Brian Brooks as a strategic advisor. Brian’s impressive resume includes time as CEO for both Bitfury and Binance.US – experience that will help Pledge become the premier platform for building long-term lending DApps for DeFi. A graduate of Harvard, Brian’s been recognized as …
Ethereum (ETH) isn’t likely to be threatened by other smart contract platforms, according to Joey Krug, the co-chief investment officer of digital asset investment firm Pantera Capital. In a new interview, Krug says that as long as ETH can successfully transition to proof-of-stake, other smart contract platforms will likely have to rely on Ethereum as …
At his confirmation hearing in front of members of the Senate Banking Committee, Federal Reserve chair Jerome Powell said the agency would be releasing its report on cryptocurrencies “within weeks.” Addressing Idaho Senator Mike Crapo remotely from the Dirksen Senate Office Building on Tuesday, Powell said the Fed’s report on digital currencies wasn’t “quite where …
Bitcoin (BTC) fell slightly into the Wall Street open on Jan. 11 after the largest cryptocurrency failed to crack resistance above $42,000, but fresh comments from U.S. Federal Reserve chair Jerome Powell appear to be providing a boost to markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin squares off at support According to Powell, …
The Central Bank of Iran, or CBI, and the Ministry of Trade have reached an agreement to link the CBI’s payment platform to a trade system allowing businesses to settle payments using cryptocurrencies, the Mehr News Agency reported Monday. Alireza Peyman-Pak, Iran’s deputy minister of Industry, Mine and Trade and head of Iran’s Trade Promotion …
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Bitcoin Price Prediction – January 11 Now, the Bitcoin price prediction shows BTC gaining around 0.37% after touching the daily high of $42,620. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $47,000, $49,000, $51,000 Support Levels: $37,000, $35,000, $33,000 BTCUSD – Daily Chart Buy Bitcoin Now The daily chart reveals that BTC/USD couldn’t …
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The day of the long-awaited launch has dawned, as Moonbeam, an Ethereum-compatible smart contract parachain, went live on Polkadot. With the completed launch process, the winner of the second slot auction became the first fully operational parachain on Polkadot–ready to welcome the deployment of over 80 projects. Project deployment Moonbeam is expected “to light up …
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The market value of ether (ETH), the second-largest digital asset by market cap, has taken a big toll of late. The price of ETH is at the moment of writing hovering around $3,100, down about 36 percent since its all-time-high on the 10th of November. Ether hasn’t seen this low valuation since the beginning of …
Continue reading “Strong conviction among Ethereum long-term holders, DeFi TVL up”
An open-source blockchain ecosystem and a suite of interoperable protocols, Nervos Network, has entered a partnership with Pastel, revealing its ambition to grow its presence in the NFT space. As a result of teaming up with the first fully dedicated and decentralized blockchain for NFTs, Nervos will be integrating Pastel’s ‘Sense’ and ‘Cascade’ protocols into …
The Associated Press agency will be launching its non-fungible token (NFT) marketplace for collectors who wish to purchase its award-winning photographs that were taken during its 175-year history. The blockchain firm Xooa will assist the organization in building an NFT marketplace. The NFTs will be minted on Polygon blockchain, which is an Ethereum compatible layer …
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The central bank of Bahrain (CBB) has successfully completed a trial run of the JPM coin in association with JPMorgan’s blockchain and cryptocurrency unit Onyx. The trial test included two other organizations, Manama-based ABC Bank and Bahrain national aluminum smelter Aluminum Bahrain or (Alba). Central Bank of Bahrain explores blockchain technology As per the official …
