The official announcement on Mirror from ENS states that $ENS will be used to vote on a proposed constitution and govern protocol parameters. The first issues holders can vote on in the new ENS DAO are the price oracle, and how to allocate existing and future community treasury funds. Ethereum wallet users who have created …
Continue reading “Ethereum Name Service’s new token already has a fully-diluted cap of $3.1T”
Cross-chain protocols are continuing to face challenges, with Synapse Bridge narrowly averting a multi-million exploit. On Nov. 7, Synapse Bridge announced on Discord they had prevented a hacker from draining approximately $8 million USD from the Avalanche Neutral Dollar (nUSD) Metapool. The hacker attempted to exploit a vulnerability using the bridge to transfer assets from …
Matter Labs has announced a major new funding round to further develop the second version of its Ethereum-based rollups, zkSync. On Nov. 9, Matter Labs announced it had secured $50 million in a Series B round led by Andreessen Horowitz and included participation from existing investors Placeholder and Dragonfly Capital. The new round follows Matter Labs’ …
Continue reading “Matter Labs raises $50M to build EVM-compatible zk-rollups”
Two carbon neutral cryptocurrency-backed exchange-traded funds are poised to launch in Canada offering a greener alternative for institutional investors. Canada-based asset manager Purpose Investments is readying to launch two new crypto-based ETFs on the Toronto Stock Exchange on Nov. 9, both of which offer investors a carbon offset. Purpose will launch their Bitcoin and Ethereum …
Continue reading “Carbon neutral crypto spot ETFs to launch in Canada”
November 8, 2021 – Singapore, Singapore TRON, one of the largest and most popular blockchain ecosystems, is introducing a new $1,111,111,111 ecosystem fund designed to entice developers to its network of blockchains and services. The fund aims to deliver more developer-friendly tools that can be leveraged to enlarge and refine a burgeoning ecosystem that already …
Blockchain platform Telos raised $8 million in funding led by ConsenSys and Polygon investor John Lilic. The funding was secured right before the launch of Telos’ Ethereum Virtual Machine (EVM) platform, ending the company’s ongoing streak of bootstrapped initiatives. Telos aims to redirect the recently secured capital on the platform’s development and marketing in addition to …
Continue reading “Telos raises $8M funding before EVM launch to avoid token sales”
Bitcoin investors appear to be increasingly sitting on their hands in hopes of higher prices, with the share of Bitcoin’s supply that has remained inactive for the past three months spiking to a record high of 85%. On-chain analytics provider Glassnode identified the milestone in its Nov. 8 “The Week Onchain” report, concluding: “Investors are …
Continue reading “Record whale accumulation precipitated latest all-time high Bitcoin breakout”
Identity verification tech firm Civic Technologies has launched a free tool to combat botting activity in Solana (SOL)-based NFT drops. According to a Nov. 8 announcement, Civic’s new tool “Ignite Pass” will filter out bots by requiring buyers to complete a liveness verification before being approved to make NFT purchases. Civic’s website notes that users …
Continue reading “Civic launches free tool to combat NFT-hungry bots on Solana”
By Sid Coelho-Prabhu, Group Product Manager In May, we introduced a downloadable browser extension that brought Coinbase Wallet onto laptops and desktops. We’ve seen incredible traction with the Coinbase Wallet extension, which made it easier to securely connect to decentralized apps (dapps) and decentralized finance (DeFi) from more devices. Today, we’re bringing full standalone functionality to Coinbase …
Continue reading “Coinbase Wallet is now available as a standalone browser extension”
Coinbase continues to look for more optimization. In a world where versatile wallet tools like Metamask have had immense prevalence for crypto users, the attention and investment into standalone wallets is increasing. Of course, in enters Coinbase, one of the most prevalent names in the world of crypto exchanges. The exchange has been scaling up …
Continue reading “Coinbase Wallet Launches Standalone Browser Extension”
New York Mayor-Elect Eric Adams recently won the mayoral race for the city. On November 3rd, Adams became the second black man to be elected as mayor in the city of New York. The win was momentous in itself but Adams’s comments and stance on cryptocurrencies, bitcoin, in particular, have been what has pushed him …
Continue reading “New York Mayor Says Cryptocurrencies Should Be Taught In Schools”
Approaching its all-time high above $67,000, Bitcoin sits at profits across the board. The benchmark crypto took off yesterday moving from the low of its current levels and destroying all opposition to trade at $66,428, as of press time. BTC on a rally in the daily chart. Source: BTCUSD Tradingview The general sentiment in the …
Continue reading “Bitcoin Cemented At $60K? Why BTC Could Smash All Resistance”
Developers of the decentralized platform, Boost, are bringing the latest financial tools to the palm of your hand with the new app Boost DeFi. Boost DeFi is currently available to download for iOS and Android users with an official launch in mid-November. For now, users can utilize Boost’s exchange, BoostSwap, which is embedded directly into …
CryptoDragons, the NFT project and first battle on the blockchain, announced an Egg reservation for November 7 at exactly 12 PM EST for interested players to reserve Dragon Eggs. As part of this challenge, 500 Eggs were up for grabs, including 1 Legendary Egg, 1 Epic Egg, and 498 randomly distributed Eggs. Prices were set …
Continue reading “Legendary Dragon’s and 499 more NFT Eggs Sold Out in No Time!”
Bitcoin (BTC) has broken into new all-time highs, with the asset last changing hands in the mid $67,000-range. During the final hour of Nov. 8 UTC time, BTC pushed into uncharted prices, with bulls firmly taking control of the markets as price action retested Oct. 20’s previous high of roughly $67,000. BTC/USD: TradingView The milestone …
Continue reading “New ATH renews faith in PlanB’s prediction of $98K BTC by December”
