A new non-fungible token (NFT) marketplace called Looksrare has surpassed Opensea in terms of daily volume on Wednesday. Statistics show 3,264 Looksrare traders have executed $385.39 million in sales during the last day, as the marketplace has seen a 1,461% increase in daily volume. Looksrare NFT Market Captures Number 1 Position in Terms of Daily …
Tag archives: Bitcoin
Soldex, Solana-built Decentralized Exchange Partners with Larix Protocol
sponsored The growth of the cryptocurrency industry has raised many concerns. They range from security and scalability, on-boarding newbies, trust-less custody and order matching on exchanges to overall user experience, and to achieve mass adoption of cryptocurrency, there’s a need for third generational exchanges to resolve these issues. Cryptocurrency and blockchain technology keeps evolving and …
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Jack Dorsey proposes a Bitcoin legal defense fund to protect developers
Jack Dorsey, former Twitter CEO and founder revealed new plans to create a Bitcoin Legal Defense Fund in association with Alex Morcos, founder of Chain-co labs, and Martin White, a computer science teacher from the University of Sussex. The following fund aims at protecting Bitcoin developers against litigation. Jack Dorsey proposes a new fund to …
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Footprint Analytics: Public Chain Development in 2021— From Ideal to Reality | Annual Report 2021
In 2021, the blockchain world officially went multi-chain. According to Footprint Analytics, there are now 86 public chains in total, compared with 11 at the beginning of last year, a seven-fold increase. Footprint Analytics – Total Amount of Public Chains in 2021 Whereas at the start of last year, Ethereum held 96% market dominance, the …
They are all in the NFT minting rush: Pulitzer Prize winners, Asian pop stars, US Congress candidates, and NFL players
NFTs officially flooded the mainstream last year. That’s no news. However, the trend’s natural progression brought the market to a new stage of adoption–active participation–in all its glory. While one can argue that the “everyone has something to offer to the world” cliche holds true, the question of whether this should be minted as an …
EverRise Director Jenn Duong on Developing Secure dApps and the Issues Facing the DeFi Space
EverRise is a blockchain technology company that offers bridging and security solutions across blockchains through an ecosystem of decentralized applications. Through their innovative security focused ecosystem, EverRise provides investors and developers the tools to access the widest possible market with the maximum level of security. They are working towards the mass adoption of safety protocols …
Report: Morocco Now North Africa’s Leading P2P Crypto Trading Nation
In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 million. Morocco in Africa’s Top Four In 2021, Morocco’s peer-to-peer crypto trade volume of $6 million was enough to see it ranked North Africa’s top cryptocurrency trading nation, …
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Digital Yuan Wallet Ranks Among Most Downloaded Apps in China
The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with other apps have contributed to an increase of digital yuan payments, media reports unveil. Wallet Launch Boosts Digital Yuan Ahead of Lunar New Year and …
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Arkania Protocol Launch Multi-Chain Launchpad Making IDOs Accessible to All
press release PRESS RELEASE. Arkania Protocol has announced its IDO Launchpad for the public, with anti-whale mechanism, KYC and robust security. 12th January, St. Vincent & the Grenadines — The Arkania platform connects promising new projects with the global crypto community, offering developers a chance to showcase innovative new start-ups to individuals who then have …
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Unlocking the $12.6-Trillion machine economy on Web3
Web3 is poised to disrupt the internet. It already has in many ways. It’s paving the way to a multi-trillion-dollar decentralized machine economy at the forefront of which IoTeX stands. This, according to highly-regarded engineers and technologists leaders from Amazon, Samsung, Microsoft, Consumer Technology Association (CTA), and the International Internet Consortium (IIC). “IoTeX is, interestingly, …
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Elrond acquires payments provider Utrust in a bid to bring crypto to millions of merchants
Elrond, a high-throughput blockchain platform, announced today that it has acquired Utrust, a global cryptocurrency payment solution. In a press release shared with CryptoSlate, the company said that acquiring Utrust will enable it to revolutionize e-commerce and payments. Elrond bets big on Web3 payments Despite the increasing digitalization of the world of commerce, payment processors …
Footprint Analytics: Will the London Upgrade Deflate ETH? | Annual Report 2021
Ethereum remained the top blockchain in 2021 by TVL (total value locked), but its market share continued to erode, dropping from nearly 100% at the beginning of the year to 65%. Its main problem is the PoW (Proof of Work Mechanism), which causes transactions to be slow and expensive. Ethereum devs have realized new L1s …
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Cash App is bringing the Bitcoin Lightning Network to its 36 million users
Bitcoin has been available on Cash App since late 2017. But the mobile payment provider is set to roll out the Lightning Network to its millions of users. The leading cryptocurrency is often accused of being a dinosaur and incapable of handling the technical demands of a high throughput payment network. That being so, critics …
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Report: Ronin Sidechain Processed 560% More Total Transactions Than Ethereum Last November
The blockchain-powered game Axie Infinity has been a very popular application during the last 12 months, as the game’s NFTs have outpaced every NFT collection today in terms of all-time sales. While Axie Infinity has seen $3.85 billion in all-time sales, Nansen researcher Martin Lee recently published a report on how Ronin, Axie Infinity’s sidechain, …
SEC Chair Gensler Discusses How Securities Laws Apply to Crypto Tokens — Won’t Say if Ethereum Is a Security
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has explained how securities laws apply to cryptocurrency tokens as he outlined the commission’s priorities in regulating the crypto space. “Our role at the SEC is to ensure that the public still gets basic protection,” he stressed. SEC Chair Gary Gensler on Cryptocurrency …