With the cryptocurrency industry gradually shifting to more environmentally friendly innovations to limit its carbon footprint, Elrond has recently announced that it is now carbon negative. Thus, it has become the first European blockchain project to achieve the feat. Elrond Becomes Carbon Negative According to a Thursday press release shared with CryptoPotato, the internet-scale blockchain...Read More
With new regulation and taxation on the cryptocurrency industry coming from the U.S., the situation just took another turn as President Joe Biden openly supported the highly unfavorable amendment proposed earlier by Senators Mark Warner and Rob Portman. Biden’s backing seems to target proof-of-stake assets, while mining appears untouched. Sitrep: Taxation and Regulation on Crypto...Read More
It was an exciting week in the cryptocurrency market with a lot of developments – both in terms of price and otherwise. Bitcoin went through a correction but managed to recover, while Ethereum’s long-anticipated London hard fork went live officially. Starting off with BTC’s price, the week was rather intense. Last weekend, we saw the...Read More
The rapid advancement in crypto, gave investors a vast array of tools to work with, especially when trading coins. In 2020, a new trend emerged – liquidity provisioning or yield farming. Earnable joins the list of dApps, concentrated on providing a solution to several current problems in the crypto sector: Almost all platforms require some...Read More
[PRESS RELEASE – Please Read Disclaimer] ZooRena is an exciting, interactive battle game in which users can make in-game wagers, utilize NFTs for gameplay, and win prizes. ZooKeeper is a gamified yield farming dApp built on Wanchain, which brings a totally new experience to its users. ZooRena expands on this by adding live battles, in-game...Read More
The world’s leading cryptocurrency exchange continues to tailor its product suite in a way that caters to customer protection regulations. In a recent announcement, the exchange revealed that users from Hong Kong “will not be able to open new derivatives products accounts,” with immediate effect. Moreover, “with effect from a date to be announced in...Read More
[PRESS RELEASE – British Virgin Islands, Aug. 6, 2021] Powered by EQIBank, Eqifi’s highly anticipated launch provides a single uniform platform for decentralized finance products. Eqifi, a decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins and select fiat currencies, launched its decentralized finance platform today, including newly introduced fixed- and variable-rate lending...Read More
Just a day after the highly-anticipated upgrade to the Ethereum blockchain, Buterin commented that the event had paved the way for the migration to proof of stake (ETH 2.0). He also outlined EIP-1559 as the “most important part of London.” As reported yesterday, the Ethereum network went through one of its most-awaited and crucial hard...Read More
Most of the cryptocurrencies since the beginning of 2021 showcased a marvellous rally by achieving heights beyond everyone’s expectations. Yet they failed to stand on one’s aspiration as the mid-may crash drained more than 60% gains. However, without being dejected, the assets registered nearly 15% to 20% jump and many more yet to come. As...Read More
The Ethereum London upgrade has been eagerly awaited, not because it will reduce fees (gas has actually gone up since it launched), but because it is burning them. EIP-1559 introduced a mechanism that burns some of the gas or base fee. This is very important for supply and issuance economics which are currently inflationary for...Read More
Ripple’s back-and-forth price action continues today, with the price starting at $0.7308 before reversing. Ripple is currently trading at $0.71, down 2.14 percen. According to a trading view analysis, we are seeing higher highs and lower lows. In this cycle’s bull trend, it has found our level of resistance, which will delineate and determine what...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) The greatest nation states and civilisations efficiently use energy to create economic prosperity for their subjects. Up until recently,...Read More
