On Tuesday (April 6), Tether Operations Limited (“Tether”), the company that issues the largest stablecoin by market capitalization, announced that it is planning to launch Tether tokens (“USDt”) on the Polkadot network. Before USDt gets launched on Polkadot, it will go live on Kusama, which is currently serving as a […]
On 2 April 2021, blockchain analysis startup Chainalysis raised approximately $100M in a fundraiser spearheaded by Paradigm, which uplifted its valuation above $2B. The Future of Cryptocurrency Several investment companies participated in the fundraising, including TIME ventures, Ribbit and Addition. The fundraiser, which was dubbed Series D, came after a […]
If the crypto and the NFT revolution won’t be televised, then it will be tokenized with a bit of blockchain provenance as sauce. And it is happening. A few block-buster NFT sales later, and the world is sensing yet another opportunity with Non-Fungible Tokens, NFTs, being the name of the […]
” Femme nue couchée au collier “, Pablo Picasso, 1932 According to Christie’s official website, ” Femme nue couchée au collier ” is the highest-priced collection of 20th century art evening auctions at Christie’s in London, reaching 15 million pounds. This work was created in 1932 by the famous Spanish […]
Enjin has managed to raise 18.9 million dollars to launch Efinity, the first dedicated NFT blockchain on the Polkadot network. With the ongoing NFT uptrend, the move will see better commerce for NFT-based games and other applications. Working on NFTs Since 2017 Behind cryptocurrencies like Bitcoin, blockchain is the open […]
The Cosmos (ATOM) development team has finally activated the Inter-Blockchain Communication (IBC) protocol on the platform following a vote by members of the Cosmos ecosystem. The team says IBC fosters interoperability between Cosmos and other blockchains, while also solving scalability issues via sharding, according to a tweet on March 29, […]
On Tuesday (March 30), the Bitcoin price went above the $50,000 level for the first time in 10 days. According to a report by Reuters, later today, payments firm PayPal Holdings, Inc. will announce that it is “allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants […]
Accessing credit should be easy, better, paperless. However, the current state of affairs in traditional finance is full of needless hops that, as expected, trip potential borrowers. Decentralized finance (DeFi) is a radical shift away from this style of doing business. Not surprising, the most common form of DeFi is […]
Payments giant Visa has announced it is now settling payments in the USDC stablecoin on the Ethereum blockchain, becoming the first major payments network to use a stablecoin as a settlement currency. According to Business Insider, Visa piloted the USDC payment option via cryptocurrency exchange Crypto.com, which will now be […]
A very popular cryptocurrency trader going by pseudonym “Altcoin Psycho” on social media has revealed he is heavily invested in a little-known cryptocurrency built on top of the Binance Smart Chain (BSC) he believes could do “very well.” The analyst has told his over 140,000 followers on microblogging platform Twitter […]
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