blockchain

Bithumb Global Along with Clover Plan to Disrupt DeFi?

In the last year, decentralized finance, or DeFi, has rapidly grown to become one of the most promising use cases for blockchain technology and has benefitted from an explosion in innovation, as more projects and developers double down on their DeFi efforts. Until recently, these efforts were primarily concentrated on the Ethereum blockchain — since […] …

Seascape Network to take DeFi Gaming to the Next Level with the Binance Smart Chain

[PRESS RELEASE – Please Read Disclaimer] 21st January 2021: Seascape Network the gaming platform designed around the NFT and DeFi economies, welcomes Binance, the global blockchain company behind the world’s largest cryptocurrency exchange as its latest investor. The investment is part of Binance’s $100 million fund, which supports blockchain projects that connect DeFi and CeFi […] …

blockchain

FinCEN’s crypto wallet regulations frozen by President Biden

TL;DR Breakdown Joe Biden orders all federal agencies to suspend all regulatory processes. FinCEN had earlier proposed that all crypto wallets enforce KYC rules. Members of the crypto community show support for the new President’s order. United States President, Joe Biden, has ordered all federal agencies to suspend all regulatory processes for the next 60 […] …

blockchain

Why is Ethereum Gas Price so high?

Have you ever tried to process a transaction on the ETH blockchain and wondered why Ethereum gas price is so high? Are you a crypto newbie and someone mention that the gas (price) for ETH is high and didn’t understand the meaning? We’ll help you explore the nitty-gritty of ETH gas and what it way […] …

blockchain

CBDC: Bank of France reveals interbank settlement testing results

TL;DR Breakdown French Central Bank releases results of CBDC testing. Central banks across the world have begun massively working on their national digital currency. The French Central Bank has released its central bank digital currency (CBDC) testing it carried out last month. The test, which used a blockchain developed by a startup in the United […] …

blockchain

DeFiMAGIC‌ ‌Demonstrates‌ ‌NFT‌ ‌Use‌ ‌Case‌ ‌on‌ ‌Ardor‌

2020 saw a surge in defi and non-fungible token (NFT) activity happening on Ethereum as excitement grew around the prospect of yield farming and investing in the new world of digital collectibles. Inspired by this growing interest, members of the Ardor community set out to develop DeFiMAGIC, harnessing the features of the multi-chain platform including […] …

blockchain

ETH supply ratio on a steady decline

TL;DR Breakdown ETH ratio of supply has dropped massively in recent times. Increased DeFi users would lead to more demand for the second-largest crypto asset. Ethereum’s ratio of supply has dropped massively. The ratio of supply is a metric used to measure the total available token on crypto exchanges. According to Santiment, the last time […] …

January’s Spotlight: Meet Cartesi (CTSI)

There have been various fundraising mechanisms in the cryptocurrency space that gained and then fell out of popularity over the years. Starting with ICOs (initial coin offerings), moving to IEOs (initial exchange offerings), and now IDOs (initial DEX offerings), the way in which projects raise funds has continued to evolve. Although currently ICOs are almost […] …

blockchain

Ethereum Rival NEAR Protocol Rallies 106% As DeFi Gains More Presence

Smart contracts facilitator and blockchain platform NEAR Protocol has gained 106% in the last month. The recent consolidation of the platform has attracted the attention […] …

blockchain

Polkadot becomes fifth-largest blockchain as DOT reached new ATH

TL;DR Breakdown: Polkadot crypto, DOT has risen to a new ATH of $11.60. It’s currently ranking as the fifth-largest digital currency by market capitalization. One of the biggest Ethereum blockchain rivals, Polkadot, has become the fifth-largest blockchain in the cryptocurrency market. The price of the blockchain’s native digital currency “DOT” recently surged to another level […] …

blockchain

This top cryptocurrency barely flinched as $40 billion got wiped off the market

From March 8 to 10, within a 48-hour span, the Bitcoin price plummeted by 13 percent in a severe short-term pullback. As the cryptocurrency market crashed overnight, one asset outperformed BTC and other major altcoins. In the same period, Chainlink (LINK) rose ten percent against Bitcoin, performing strongly against the entire cryptocurrency market. Why has […]