Falcone rose to fame and fortunes, amassing a fortune of $2 billion by shorting housing markets but has since squandered most of that over the past decade, according to reports. On May 17, the New York Post reported that the former hedge fund tycoon is angling to profit from TV coverage of the crypto industry,...Read More
EY – a Big Four accounting firm – launched a new application programming interface (API) for its blockchain platform, allowing enterprise users to transact on public blockchains without dealing with the complexity of entire DLT systems. New API for EY OpsChain EY OpsChain, part of the giant’s blockchain platform, is a subsidiary dedicated to solving...Read More
As the cryptocurrency industry continues to be shaken by the Terra blockchain’s failure and the price crash of its native token, LUNA, and its algorithmic Stablecoin, UST, suspicions have arisen concerning the whereabouts of around 80,000 Bitcoin units belonging to the ecosystem. The claimed Bitcoin was intended to be held in trust by the Luna...Read More
Terra validators have reportedly decided to freeze Terra’s blockchain due to LUNA’s collapsing market price. The team argues that at such low costs, a whale buyer could easily commit a governance attack on the network. The chain was officially frozen at block 7,603,700, making native transactions on Terra’s blockchain impossible. Terra (LUNA), which has seen...Read More
According to the Coin Bureau, Cardano use is on the rise. Here’s What It Thinks About the Ethereum Competitor’s Future In the wake of Cardano’s recent underperformance, the presenter of the popular YouTube series Coin Bureau examines the cryptocurrency’s prospects. Guy, a pseudonymous crypto analyst , claims that Cardano is seeing a surge in adoption...Read More
Cardano holders with a supply of 10 million or more ADA have observed a rapid increase. Within the previous two weeks, the number of addresses in this cohort has increased by 12, implying that this group of investors has now added at least 120 million ADA to its holdings. Although the number of investors owning...Read More
XRP has had a bad week, with a 13 percent drop in the last seven days. It has found support at $0.63 and now appears to be on the verge of entering a rally that might take it all the way to major resistance at $0.70, which served as support in early April. Because it...Read More
Leading blockchain data analytics platform Nansen recently released its quarterly analysis report, which revealed that the crypto market had witnessed a decline in 2022 compared to its 2021 activity volume. The report, however, pointed out that the performance of leading blockchain networks, Polygon, BNB Chain, and Avalanche, remained fairly stable, with Avalanche standing out as...Read More
Over the last 24 hours, the global crypto market has shifted to a state of uncertainty. The new signs point to a shift in sentiment, which could affect the performance of Bitcoin and other top-tier coins. Despite the fact that the market was beneficial for Bitcoin in the previous 24 hours, it has since changed...Read More
The entity aiming to accelerate the adoption of blockchain technology and support cryptocurrency projects – the Vietnam Blockchain Union (VBU) – has reportedly seen the light of day. It was launched by the Vietnam Digital Communications Association (VDCA) in the capital Hanoi. Enter VBU Vietnam has been gradually emerging as one of South-East Asia’s cryptocurrency...Read More
After a notable rally in 2021 a couple of times, 2022 appears to be pretty relaxed, maintaining a squeezed rally. Traders appear to extract their profits with just a minor spike and compel the prices to chop around the lower levels. However, in the upcoming days, the space may witness a significant change which may...Read More
A recent DappRadar study estimated that blockchain-based games raised $2.5 billion in Q1, 2022 from investors. If this pace maintains, the total investments by the end of the year will be 150% higher than in 2021. Additionally, in March, blockchain games attracted 1.22 million Unique Active Wallets (UAW) and accounted for 52% of the industry’s...Read More
Framework Ventures – a crypto-focused venture capital firm – recently secured $400M for its third crypto-focused fund. Half of the money will be invested towards the blockchain gaming space, with the remainder going into web 3 and decentralized finance (Defi) projects. Venturing Into Crypto Gaming As announced by the firm today, the new fund –...Read More
KILT announces the launch of web3name, an application for creating a custom name to represent users’ digital identity. The new approach would increase the transparency of users’ identities without sacrificing the privacy involved with personal data. KILT, a blockchain identity protocol based on the Polkadot network, issues a new form of digital credentials, Web3name(w3n), for...Read More
Five-time Super Bowl winner – The Dallas Cowboys – introduced the cryptocurrency platform BlockchainCom as its sponsor. The collaboration will roll out numerous experiences to fans, such as trips to away games and events hosted by the players. ‘America’s Team’ and BlockchainCom The cryptocurrency industry continues to engage with the US National Football League, with...Read More
On April 12, Charles Hoskinson, founder of Cardano, posted a “recap video” on his YouTube channel, explaining the new update that will make Cardano better after the “Vasil” hard fork. At the beginning of the video, Hoskinson mentioned that he was preparing for the upcoming Consensus 2022, which will take place in Austin, Texas, from...Read More
Today the cryptocurrency market is flashing a mixed signal of red and green where most of the cryptocurrencies are trading in green. The world’s largest cryptocurrency by market cap, Bitcoin has gained a $40,000 level along with Ethereum trading back to the $3,000 level, leading the altcoins rally. MATIC Price To See 20% Rally Yesterday,...Read More
Avalanche (AVAX) Price The recent price slash pushed the AVAX price beneath the strong support line which indicated a bearish outlook. Moreover, the asset showcased a considerable drop in the buying pressure in the past week which hampered the volatility of the asset. And hence when the price was all set to test the higher...Read More
Ever since the Cryptocurrency market has entered the correction phase where Bitcoin, Ethereum and other altcoins have retraced back, investors and traders have started to question the market stability. With this ongoing surge and plunge game, Axie Infinity too has been dragged towards bearish market. Axie Infinity Drops By 30% Axie Infinity recently lost $625...Read More
The Human Genome Project started in 1990. By 2003, with 92% of the genome sequenced, the project was declared complete. This year tech advances have finished the other 8%. Blockchain tech like NFTs can use the information from this marvelous project to build new, better biotech products for humanity. The achievements of the human DNA...Read More
Jason Kilar – Chief Executive Officer of WarnerMedia who prepares to leave the company – argued that the future of Hollywood is in blockchain technology. In his view, the backbone of the cryptocurrency industry might also present new forms of financing. Blockchain: a ‘Potential Wave’ Coming to Hollywood The cryptocurrency sector, and more specifically blockchain...Read More
Jamie Dimon – CEO of JP Morgan Chase – showed strong support for decentralized finance and blockchain technology in a recent letter to shareholders. His new take appears to be a 180 from his previous takes on crypto, and more in line with those of his company. Blockchain and Defi are ‘Real’ The letter, issued...Read More
Shiba Inu’s price in recent times has not displayed a significant amount of volatility but still, the crypto-verse believes the asset could offer better opportunities ahead. The asset is currently chopping around the narrow regions after a drastic plunge during the monthly close. No doubt the volume has dropped a little which also indicates the...Read More
Thailand-based venture capital firm SeaX Ventures secured a $60 million fundraiser to accelerate the development of global startups throughout Southeast Asia. The company vowed to invest the proceedings in various sectors, including blockchain and Web3. Engaging With Blockchain via the Latest Fund A recent press release revealed that SeaX Ventures raised $60 million to help...Read More
The crypto market has opened the week on a mixed-signal of bearish pull as well as bullish push. Among the altcoins that are still under the control of bulls is Solana (SOL). Solana has bounced its previous resistance which had paused its recovery phase during the November 2021 – March 2022. Solana Raise Bullish Hope...Read More
It is a usual practice nowadays that the cryptospace witnesses a significant pullback after a gigantic spike. And hence the current phase is just another exhaustion and an opportunity for the traders to get into the flight before the take-off. Despite the current descending trend, some of the altcoins have geared up significantly to ignite...Read More
Jay Inslee – Governor of Washington – signed into law the Engrossed Substitute Senate Bill 5544, which establishes a blockchain workgroup in the northwest state. The development aims to accelerate the adoption of the technology across a wide range of sectors such as banking and financial services, health care, real estate transactions, higher education, supply...Read More
In a major push to web3 browsing experience, Opera will now support eight leading blockchain and layer-2 networks, as well as some decentralized apps (dapps). These include Solana, Polygon, StarkEx, Ronin, Celo, Nervos, and IXO. Opera’s Web3 Push Opera users can access these networks and their various features, including Defi, through Opera’s latest web3 browsing...Read More
In recent years, blockchains have become increasingly popular. And Interoperability amongst chains has remained a significant roadblock. This is where Polkadot gained traction by introducing interoperability. PolkaDot is one of the in-demand cryptocurrency blockchains worldwide. The fundamental capabilities and functionality of cross-chain fuels blockchain adoption. It claims itself as the next-generation blockchain protocol, with the...Read More
A group of US lawmakers introduced this Monday the “E-CASH” Act, a bill directed to the US Treasury Department to encourage the entity to develop a digital version of the dollar. E-Cash Is not CBDC, but a Complement to it Democratic Representative Stephen Lynch is the principal sponsor of the ECASH Act, a legislative proposal...Read More
