An enormous whale is in the spotlight after transferring Bitcoins worth almost half a billion to Coinbase in a singular transaction. Whale Alert, which is an automated tool used for surveilling blockchain, detected this huge Bitcoin transfer. $26 Fee for Transferring $400 million? The whale who was involved in this transaction transferred a sum of…
An analyst from Zabo, Christopher Brown, says that Decentralized finance might have an interesting model which would help in driving innovation in the fintech and banking industry due to the rise in the use of cryptocurrencies. The Emergence of Fintech 2020 was a great year for the fintech industry, and there is no denying that….
Privacy-centric currency Monero (XMR) is starting to show signs of growth despite receiving long-term rejections by resistance. Monero still seems to be optimistic and attempts to recover, battling the multiple resistance lines to stay alive. The Rejection Monero’s price reached a high of $287 but then showed a declining trend after receiving continuous rejections in…
In recent times, a blockchain-related soccer gaming startup has its total funding of a staggering $60 million. The funding was collected through social media apps like Twitter, Instagram, and Snapchat, and the money was brought in by huge profile investors that know these types of businesses from in and out. The first round was started…
Eiro-Group Review Every time a new trend pops up, there’s always an influx of people who jump in on the trend. One of such trends is online trading. Trading is quite profitable, and with the advent of online trading, everyone now has the chance to make huge profits on every one of their investments. However,…
Coinbase, as a crypto exchange operator, has just revealed that it is holding bitcoins and other crypto-assets since 2012 as an investment on its balance sheet. In a recent blog post, Coinbase, a United States crypto exchange operator has revealed, that crypto-assets like bitcoin BTC has been a major source of corporate treasury and investment…
Newly-rebranded Ethereum scaling company Matic Network now known as Polygon, has announced a partnership with Chainlink made earlier this month, focusing on using its functionalities to improve Crypto games. This new multi-chain system will enable tools that can prove to be beneficial for blockchain-based game developers to implement new techniques and in-game features into their…
In recent times, Bitcoin’s astonishing value hike to a huge $1 trillion has left many people shocked and surprised since Bitcoin’s price rose up by 350% and reached its all-time high of about $58k before plummeting back to less than $50k on Monday. Bank of Boston’s President has shown his utter surprise at the success…
Apparently, tweets matter a lot when it comes to the World Richest Person. There is no doubt that Billionaire Entrepreneur Elon Musk is showing a great deal of support for the meme-based cryptocurrency $DOGE. Multiple tweets in support of the coin have definitely kept its candle lit, pushing the digital currency above the 0.05$ level…
At the start of this month, Elon Musk’s giant e-car company, Tesla, invested in Bitcoin and officially joined the cryptocurrency market. It is argued by Wedbush Securities that Tesla managed to earn over $1 billion as a result of the investment. This is shocking, to say the least, considering that this revenue was generated in…
For the next few decades, the condition in the globe will be confusing following the issuance of national digital currency or digital currencies by the Central Bank. We must now continue to pursue a solution. CBDCs Need A System In Multiple Formats The latest developments can no longer be shrugged aside by the conventional finance…
Adoriasoft, a renowned blockchain development firm, released a completely new SDK which would make Cosmos chains a bigger powerhouse than it already is. Cosmos chain could be established on Polkadot using the Cosmos SDK Parachain Development Kit, which would allow Cosmos Projects to be operated in interoperable networks. The consequences of this prospect are very…
In a recent effort to avoid paying rising gas fees, Harmony had decided to establish a relationship with Ethereum, much to its delight. This bridge was constructed in order to ensure that transactions can be processed in chains (which the segments are broken up into) and to also enable the parallel storage of data. Although…
Marigold, Metastate, Dailambda and Nomadic Labs have recently introduced Edo, Tezos’ latest protocol upgrade which has since gone live and keen observers would have noticed that some much-needed features such as transaction privacy have finally been added. Additionally, decentralized finance contracts to the Tezos blockchain have also been showcased. Zcash was the first one to…
Binance Smart Chain-based decentralized exchange (DEX) Pancakeswap has rapidly emerged as one of the top decentralized exchanges present in the DeFi market. It has taken place in the list of the world’s top-ranking DEXs after the daily trading volume on its trading platform spiked high to touch a record level. Pancakeswap Is Now One Of…
Uniswap, the leading decentralized exchange (DEX) platform from the world of decentralized finance (DeFi), has pumped up the popularity of the industry further with its latest achievement. The total trading volume of this DEX reached a record level after adding $20 billion in just one month. Uniswap Is The First-Ever DEX To Achieve This Milestone…
Dogecoin that was regarded as a “joke” by the maker is a meme cryptocurrency, grown in popularity over the last weeks. With Tesla CEO Elon Musk, once elected “dogecoin chief executive” and called it his favourite cryptocurrency, the dogecoin price has risen with attention paid to the billionaires, rock stars, and Youtube users. Now, with…
The recent explosion in the fame of cryptocurrencies has prompted several traditional institutions, including major banks, insurance companies, and other financial services firms to move into the crypto space with investments. The most latest to join the cryptocurrency hub is Tesla, the famous e-car manufacturer giant which has invested a massive $1.5 billion investment in…
The $1.5 Billion Investment in the Bitcoin market of Tesla was believed to have come at a perfect time for the electric auto manufacturer. China had revealed that five agencies would be questioning the issues around the safety and quality of Tesla products about the time that the company announced its huge stake in the…
The United States-based cross-border blockchain tech-focused payments company Ripple has issued its latest report on XRP Markets and has shared data regarding the growth of XRP sales. The Over-the-Counter (OTC) sales of XRP surged high to touch the sky. Not only XRP sales rose up, but the trading volumes of the coin also increased to…
