A bridge between Dogecoin (DOGE) and Ethereum (ETH) must be built and embraced by non-fungible token (NFT) platforms for the memecoin to truly thrive, says Dogecoin co-creator Billy Markus. Markus tells his 500,000 Twitter subscribers that the completion of a DOGE-ETH bridge in combination with an NFT platform such as OpenSea adopting the token could …
Continue reading “Dogecoin Needs These Two Upgrades To Thrive, According to DOGE Co-Creator”
The founder of Cardano (ADA) believes nation-states will one day rely on smart contract platforms to power wide swaths of their government operations. Speaking at Cardano Summit 2021, Charles Hoskinson says that new systems of governance operating on blockchain technology could arise due to general unhappiness with current centralized institutions. ADVERTISEMENT “People are fundamentally …
Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced from popular protocols like Uniswap and dYdX which rewarded their early adopters with token drops that are now worth $30,000 to $2 million. The latest protocol to surprise its userbase with …
Continue reading “Massive airdrop and AXS staking catapult Axie Infinity to a new all-time high”
In September the frenzy that propelled the nonfungible token (NFT) sector quieted down but a burst of fresh energy emerged as the layer-two sector heated after the successful launch of Ethereum (ETH) scaling solutions like Arbitrum and Optimism. Another project that has benefited from the sector’s transition to layer-1 and layer-2 alternatives is OMG Network …
Continue reading “OMG eyes a new all-time high after unveiling its ‘Boba Network’ layer-2 solution”
Popular analyst and trader Michaël van de Poppe sees leading cryptos Bitcoin (BTC) and Ethereum (ETH) heading back toward all-time highs while predicting rallies for five altcoins. In a new strategy session, Van de Poppe tells his 131,000 YouTube subscribers that he’s keeping an eye on $44,000 as a key level BTC needs to break …
Billionaire and business tycoon Chamath Palihapitiya says that Bitcoin’s network is the best version of the internet we have today. In a new interview with CNBC, the CEO of Virgin Galactic says that big tech players such as Google and Facebook have dominated the first two versions of the internet by creating and organizing much …
October 1, 2021 – Lisbon, Portugal Decentralized launchpad Polkastarter has announced the first project to be fully incubated by its new investment arm, Polkastarter Labs. WonderHero, a play-to-earn mobile RPG game, will receive pre-IDO and post-IDO support and mentorship while gaining access to Polkastarter’s vast network for marketing, branding and scaling purposes. The launchpad, which …
Continue reading “Polkastarter Unveils Startup Incubator, Names WonderHero As Maiden Project”
US Federal Reserve Chairman Jerome Powell says he has no plans to outlaw cryptocurrencies. While testifying before Congress, Powell fielded crypto-related questions from Representative Ted Budd in the wake of China’s recent ban across the digital asset space. ADVERTISEMENT The North Carolina Republican first asked the chairman about a statement he made during previous …
The month of September stayed true to its billing as a historically weak period for cryptocurrencies. Bitcoin (BTC) closed the month with a loss of about 7%. However, October may bring cheer to the bulls because Bitcoin has risen in six of the past eight years, falling only in 2014 and 2018. The bulls started …
Continue reading “Price analysis 10/1: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, LUNA, UNI”
The Biden administration is reportedly considering a new legal framework for stablecoin issuers that would put them in the same category as banks, raising questions about the future of crypto regulation in the country. Citing people familiar with the matter, The Wall Street Journal reported Friday that the administration is looking to convince Congress to …
Continue reading “Biden admin weighing bank-like regulation for stablecoin issuers”
Bullish sentiment returned to the cryptocurrency ecosystem on Oct. 1 after a 10% spike in the price of Bitcoin (BTC) lifted it above the $47,500 level and resulted in the liquidation of more than $270 million in short positions. The altcoin market quickly followed suit with a majority of the tokens in the top 200 registering …
Continue reading “Altcoins take the next leg up after Bitcoin price holds $47.5K”
Ethereum’s native token Ether (ETH) has the potential to double its market valuation in the coming months, thanks to a confluence of supportive technical and fundamental indicators. Ether price soared by more than 9% Friday to hit nearly $3,300 for the first time in ten days. Its gains surfaced primarily in the wake of a …
Continue reading “3 factors that can send Ethereum price to 100% gains in Q4”
Cryptocurrency exchange Coinbase has reportedly suffered another security breach after attackers were able to bypass the company’s multi-factor authentication, or MFA, feature in a coordinated campaign earlier this year. The attackers stole cryptocurrency from 6,000 accounts, though the monetary value of the theft wasn’t disclosed, according to a report from Bleeping Computer. Earlier this week, …
Continue reading “Hackers exploit MFA flaw to steal from 6,000 Coinbase customers — report”
Members of the crypto community have been up in arms recently about the $1 trillion infrastructure bill that the United States House of Representatives was expected to vote on this week. The legislation includes a crypto-tax reporting provision, along with the establishment of a definition for the term “broker.” House lawmakers stated that a vote …
Continue reading “Crypto community concerned over impact of infrastructure bill on DeFi”
Decentralized oracle service Umbrella Network officially launched on Ethereum Friday, setting the stage for cross-chain transactions between the dominant smart contract platform and Binance Smart Chain, or BSC. The cross-chain bridge connecting Ethereum and BSC was developed in-house at Umbrella Network, underscoring the need to transfer tokens and other crypto assets between the two networks. …
Continue reading “Umbrella Network launches on Ethereum with cross-chain bridge to BSC”
