Decentralized cloud protocol StackOS is joining forces with the Avalanche blockchain platform, after being declared the network’s preferred DeCloud provider for its growing developer ecosystem. The confirmation follows a poll conducted on the official StackOS Twitter account, one that saw users quizzed about which blockchain they would like to see the protocol become interoperable with. […]
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Ubisoft entered the NFT market after Tom Clancy’s Ghost Recon Breakpoint was announced as the first game to provide NFTs in a beta trial in select countries. Ubisoft Quartz, an NFT venture that allows players to buy artificially rare digital products with bitcoin, was launched earlier this month. The AAA industry’s first real venture into […]
Qredo is rearchitecting digital asset ownership and blockchain connectivity. The Qredo network is an open-source permissionless protocol operating beyond geographical boundaries. It comes with a completely new method to bring liquidity and capital efficiency to the blockchain economy. Moreover, Qredo or QRDO has introduced the first custodial network based on decentralized, trustless multi-party computation (MPC). […]
Chingari has emerged as the most popular social media app in India, with more than 32 million active users. It is a short video creating and sharing app and is fast gaining traction in this segment, emerging as a contender to Instagram reels. Developed by Sumit Ghosh, Deepak Salvi, Aditya Kothari, and Biswatma Nayak, Chingari […]
It’s time for NFT 2.0. Those who have not dipped their toes in NFT 1.0 already may say that NFT 2.0 came too quickly, but non-fungible tokens do have the capacity to surprise. If 2021 was a milestone for NFTs, 2022 and beyond will be its technological seven-mile step. Considering that a handful of the […]
Port Finance, the Solana-based lending protocol with the vision of bringing a whole suite of interest rate products to DeFi users, has raised $5.3M in its latest strategic funding round. The round is led by Alameda Research with participation from Spartan Group, Brevan Howard, and A41. Port Finance’s list of existing investors also includes Jump […]
Ahead of its highly anticipated mainnet release, Switzerland-based privacy startup launched the Nym Sandbox testnet to serve as the permanent testnet alongside the recently launched Nova testnet. The Nym Sandbox is open to developers, node runners, and researchers who want to try out the Nym mixnet architecture before joining or deploying on the mainnet. The […]
2002 and 2021 saw a massive influx of new retail and stay-at-home traders, prompted by a combination of lockdowns and lack of entertainment outdoors, causing many to begin looking for entertainment inside their computers. The keywords “Forex” and “Crypto Trading” on Google saw a huge boost in searches as the trends of consumers rapidly moved […]
Some of the main concerns the crypto era faces are safety and security. The great innovation of digital assets offers many benefits for its users, such as anonymity, but the same tools can also be used with ill intentions. For this reason, the best crypto-related platforms are the ones that can offer trust and safety, […]
It’s official, Snoop Dogg joined the apes. The rap superstar and all-around businessman made a substantial NFT investment and is now showing a Bored Ape as his avatar on Twitter. Not only that, Snoop Dogg bought a full set; a Bored Ape, an M1 and an M2 Mutant, and their correspondent Bored Ape Kennel Club. […]
Ethereum failed to settle above the $4,000 zone against the US Dollar. ETH price is correcting gains and it could dive if there is a break below $3,900. Ethereum struggled to clear the $4,050 resistance zone and declined. The price is trading below $4,020 and the 100 hourly simple moving average. There is a key […]
Bitcoin failed to test the $50,000 resistance against the US Dollar. BTC is correcting gains, but dips could be limited below the $47,500 support. Bitcoin struggled to surpass the $49,500 resistance zone and corrected lower. The price is trading above $48,000 and the 100 hourly simple moving average. There was a break below a key […]
According to a recent report by a Russian lawmaker, the country’s citizens have invested over 5 trillion rubles ($67.5 billion) in the crypto market, but the regulatory terrain remains hostile and unclear with the governor of the Central Bank of Russia increasingly hinting at a highly regulated environment Cryptocurrencies have had legal status in Russia […]
Ethereum 2.0 has been long in the making ever since the Beacon Chain went into operation in 2020. Since then, there have been numerous upgrades made to prepare the network for the final proof of stake move. Most recently of this has been the Kintsugi testnet that allows users of the blockchain to get a […]
Twitter ex-CEO Jack Dorsey has admittedly never been a fan of Ethereum and has been quite open about his stance on the cryptocurrency. Dorsey has always been a Bitcoin maximalist through and through, showing support for the pioneer cryptocurrency at every turn. Even going as far as stepping down as Twitter CEO to focus more […]
Data shows while the Bitcoin supply present on exchanges has been trending down, growth in other investment vehicles like ETFs and WBTC has been making up for this drop. Bitcoin Exchange Reserves Decline, But ETF And Other Instruments Enjoy Growth As per the latest report from Arcane Research, BTC exchange reserves have seen significant decline […]
Trading at $48,747 with a 1.1% profit in the past day, Bitcoin remains rangebound. The first crypto by market cap has been unable to break from the $45,500 to $49,500 channel in the last 7-days, but a combination of factors could increase volatility soon. BTC moving sideways in the 4-hour chart. Source: BTCUSD Tradingview Related […]
Originally known as Matic Network, Polygon is an Ethereum scaling solution that improves the speed and efficiency of the Ethereum network through the use of Layer 2 sidechains. The Polygon Network enhances the Network’s transaction processing speed and reduces transaction costs, also known as gas fees. As its name suggests, Polygon has a broad scope […]
Dfinity Foundation is boosting its developer ecosystem with a $215 million grant. This is to help further the development of decentralized applications (DApps) on the Internet Computer blockchain. Over 115 teams have benefitted from this grant and more are expected to do so as time goes by. NewsBTC sat down with Lomesh Dutta, Vice President […]
Blockchain industry spending is expected to break the $11 billion mark next year thanks to the growing interest in cryptocurrency, smart contracts, and other technologies fueled by blockchain. There’s no doubt that in the previous years, the entire cryptocurrency domain had to sustain worldwide regulatory resistance until the Covid-19 pandemic broke out in 2020. However, […]