“This has been a huge disappointment. I’ve tried 20 times minimum to swap ADA for Sundae and nothing has gone through,” says a disgruntled SundaeSwap user. According to both Cardano Blockchain Insight and pool.pm, the Cardano (ADA) network has maintained record capacity for nearly two weeks due to the launch of decentralized exchange, or DEX,… More
NFTs are known for their transferability and commercial viability, but there are also downsides to those features, according to Buterin. In a blog post published Wednesday, Vitalik Buterin, co-founder of Ethereum (ETH), expressed his wishes to make nonfungible tokens, or NFTs, soulbound as with the namesake item class in popular MMORPG World of Warcraft, or… More
“SLP still on the ground LOL, if this coin stays like that I’m gonna quit Axie man,” said one disgruntled player. On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on… More
When considering price volatility in digital marketplaces, buyback-and-burn strategies in crypto offer long-term price stability and token value growth. Are buybacks the way forward?Self-investment by businesses is not new and has long been a standard tool for price stabilization (or inflation) in the traditional financial market.Binance, Nexo and others are among the projects that have… More
“With the recent launch of our APAC headquarters in Singapore, we can ensure that we continue to offer best-in-class services to UnionBank and other clients in the region,” says Patrick Enjalbal, VP Customer Success managing director of Asia-Pacific region at Metaco. On Thursday, Metaco, an enterprise cryptocurrency platform for securing, trading, issuing, and managing digital… More
There were also 140,000 NFTs minted on the Stacks blockchain during its inaugural year. On the first anniversary of the launch of Stacks blockchain (STX), which seeks to make Bitcoin (BTC) programmable, the network achieved over 350 million monthly API requests, 40,000 Hiro (development tool for Stacks to build applications on Bitcoin) wallet downloads, and… More
NEAR price enters price discovery following the successful completion of a $150 million funding round and exponential ecosystem growth. The layer one (L1) battle is starting to heat up again and multiple protocols have seen their token values rise in recent weeks as traders venture out to see what life is like outside of the… More
Gen Z and growing interest throughout Asia have helped NFTs to shine brightly amidst volatility, according to a report from DappRadar. January 2022 continues to be rough for crypto investors as current markets see turbulent fluctuations in the price of Bitcoin (BTC) and other cryptocurrencies. Some have attributed the slump to recent federal intentions to introduce new… More
Last August, Ramp became one of only eight crypto firms to secure approval from U.K.’s Financial Conduct Authority. On Tuesday, crypto-fiat gateway payments platform Ramp announced that its U.S. subsidiary Ramp Swaps LLC had received its registration as a Money Service Business with the Department of Treasury’s Financial Crimes Enforcement Network. The regulatory greenlight enables… More
The move comes after Polygon allocated $1 billion to the advancement of zero knowledge technology. On Monday, Polygon (MATIC), a layer-two Ethereum (ETH) scaling solution that is known for its fast transaction times and negligible gas fees, announced the launch of Plonky2, a zero-knowledge scaling technology, claimed to be the fastest in the world. Zero-knowledge… More
Ethereum’s co-founder cites “fundamental security limits of bridges” as the key reason for his disapproval. In a Reddit post on Friday, Vitalik Buterin, the co-founder of Ethereum (ETH), outlined critical security concerns surrounding cross-chain bridges in the blockchain ecosystem. As told by Buterin, storing native assets directly-chain (Ethereum on Ethereum, Solana on Solana, etc.) provides… More
Cross-chain interoperability, new project launches and the popularity of NFT gaming are helping to drive the price of SOUL higher. Nonfungible tokens and blockchain-based gaming projects saw a breakout in popularity over the course of 2021. This was due to their widespread appeal which attracted the attention of crypto newbies and experienced hodlers alike. This trend… More
It’s has been a little over three months since Cardano’s Alonzo fork was implemented, but the blockchain is already gaining significant traction among developers. According to data compiled by CryptoRank and Santiment, Cardano was the most developed crypto project on GitHub in 2021, with over 140,000 events. Rounding out the top three were Kusama and Polkadot… More
What does mass adoption mean for the blockchain industry? Has it started yet? If not, what could get it going? Tim Draper of Draper Associates and Draper Fisher JurvetsonTim is a pioneer of business ventures in the United States and a co-founder of Draper Fisher Jurvetson, a leading investment firm in early-stage tech startups.“I think… More
A virtual trap to lure attackers so that you can improve security policies is what honeypot aims for! What is a crypto honeypot and why is it used?Smart contracts programs across a decentralized network of nodes can be executed on modern blockchains like Ethereum. Smart contracts are becoming more popular and valuable, making them a… More
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