Education Ecosystem Is Set to Become the Biggest Crypto Channel for Developers on YouTube

press release PRESS RELEASE. Education Ecosystem (LEDU), a leader in online project-based learning, is excited to announce that it is presently creating over 1000 video projects for CMC Top 100 blockchains to teach developers how to build new applications related to financial apps, decentralized markets, games, crypto wallets, and more. With more crypto exchanges releasing …

Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report

Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While blockchain’s play-to-earn trend has experienced a …

Ethereum Name Service launches ENS Token, moves towards DAO

As per the details shared in a blog post, Ethereum Name Service (ENS) has announced that the DAO, as well as the organization, has matured enough to pass the essentials of governing process to the community via a dedicated DAO system. ENS is decentralizing governance & is now accepting applications for DAO delegates.$ENS governance tokens …

CryptoPunk NFT worth over $850,000 sold in error for less than $20,000

One lucky trader has just been able to cop one of the most expensive NFTs in the space for less than 5% of its actual price. The NFT in question, CryptoPunk 7557, which is worth at least $850,00 was sold for 4.444 ETH which translates to around $19,400 yesterday. CryptoPunk sells for less than $20,000 …

Polkadot (DOT) sets a new all time-high ahead of parachain auctions

High-speed blockchain platform Polkadot has recently passed a proposal that enables registration and crowd loans for developers. The news has made the prices of DOT soar 15% to an all-time high. In response to the news, Polkadot’s native token DOT has climbed 15% higher in prices and is currently at $50.87 Polkadot Assembly adopts a …

Ethereum (ETH) just hit one week of ‘negative issuance.’ Here’s what it means.

Ethereum (ETH) hit one week of negative issuance for the first time on Sunday, as effects of the network’s deflationary design came into full display. Since the London hardfork upgrade, which implemented the deflationary EIP-1559 proposal, the network burns a portion of fees each time an Ethereum transaction is done. Ethereum is deflationary “​​For the …

Police forces jump into AnubisDAO saga after $60 million ‘rug’

Launched last week, in the midst of the “dog-coin” surge, AnubisDAO lost control of the project’s liquidity pool, as $60 million of investors’ funds got drained in what appears to be another rug pull incident. Following the accusations, both Hong Kong and US law enforcement got involved, while the suspect developer claimed to have fallen …

U.S. Feds freeze 10 Bitcoin (BTC) in connection to $10 million scam on Coinbase

Coinbase CEO: Solving these four problems will bring billions of people to crypto There are currently thousands of cryptocurrencies all vying for adoption on multiple different fronts, with many being viewed as scams and fundraising schemes, while others cryptos with legitimate use cases struggle to garner any significant support. 2 min read → Go to …

Paraguay Eyed as New Bitcoin Mining Destination

Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were …

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via …

‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary

A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store …

Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year

Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019. Ether Could Reach $8K by Year-End, According to Goldman Sachs Goldman Sachs has reportedly explained in a research note circulated by …

Crypto Exchange Kraken Set to List Shiba Inu Tomorrow — SHIB Investors Expect Price to Pump

Cryptocurrency exchange Kraken has indicated that the shiba inu (SHIB) cryptocurrency will be listed on its platform on Tuesday. The dogecoin rival has gained much popularity recently, rising 97% in the past seven days and 825.5% in the last 30 days. Kraken Indicates Shiba Inu Will Be Listed on Its Platform Tuesday Cryptocurrency exchange Kraken …

Layer-2 Cardano “a necessity” as Hoskinson predicts a huge spike in network traffic

Cardano founder Charles Hoskinson calls Hydra “a high commercial priority,” due to an expected rise in the scale of traffic in the coming months. Especially in the near term, as projects in Africa begin to roll out. He added that, at the moment, research is still ongoing with Hydra. But, generally speaking, things are “converging” …

Ethereum (ETH) settled over $500 billion worth of transactions in Q3 2021

In signs of the continued growth of the crypto industry, Ethereum, the second-largest crypto asset by market cap settled over $500 billion worth of transactions in the third quarter of this year, representing a 389% increase from the same quarter last year. Ethereum stats rises this year According to the report released by Bankless Dao, …

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