In a recent tweet, the team at Cosmos (ATOM) announced the integration of an Inter-Blockchain communication protocol, also known as IBC, into its network system. The team is focused on solving the major scalability problems using a technique named sharding. Cosmos (ATOM) implemented the IBC protocol at the start of 2021 to establish communication and…
Over time, blockchain technology has subtly entered the mainstream industry as a proven method for having a more swift transfer of data and ensuring transparency. There are different protocols in the blockchain technology resident in the market currently, and the pertinent question over time is, “How do you get the perfect one for developing your…
SushiSwap, a decentralized exchange platform, has recently announced the initiation of a new platform called Kashi for public use. Kashi’s main goal is to provide users and traders the ability to borrow assets to build a structure for themselves, then paying it back later down the line when the structure is established. This way, it…
Today, the Solana layer-1 proof of stake blockchain’s overseers, Solana Foundation, has declared its partnership with cryptocurrency exchanges MXC and OKEx, which will lead to the raising of strategic funds that will bring new capital of about $40 million to speed up the development of the major project in the SOL ecosystem. The Solana network…
If there is one thing that has become evident in the last decade or so is that blockchain technology is here to stay. Bitcoin, the first digital currency, brought this technology to light, but now it is being used in a number of industries for different purposes. As you dive deeper into this technology, you…
Famous football club Manchester City has joined hands with Chiliz ($CHZ) to help in the introduction of a new NFT for the immensely popular football club fans. This new NFT is going to be called $CITY, serving as a fan token for the Manchester City Fans. It will be available for trade from the Socios…
bZx is a platform built on finance margin trading, and it is also decentralized. It has made headlines as of late after it announced yesterday to roll out services on the BSC (Binance Smart Chain), the smart chain of Binance, the world’s largest cryptocurrency exchange in terms of the trading volume. These margin trading services…
In a recent interview, the co-founder of Ethereum said that a new simple approach would be implemented to tackle the Ethereum traffic bottleneck. The rollup would aggregate transactions currently not present on Ethereum to be moved in the Ethereum smart contract, which would help reduce price and amount of traffic by incrementing the rate of…
The latest trend in the crypto space is that many Blockchain protocols and technologies have resorted to expansion to cope with the growing demands of the booming crypto sphere. Many of these blockchain platforms have resorted to the funding of different nature to expand their service. The latest Blockchain platform to receive investment for its…
The NFT space is growing more profitable than it has ever been, especially since Twitter’s Jack Dorsey sold his first Tweet as an NFT. While this excited the crypto space, some saw this as a new beginning for non-fungible tokens. Non-fungible tokens are unique token types that cannot be exchanged for another token, unlike Bitcoin…
Most games across the crypto scale have been able to use blockchain technology to their advantage as the world braces up for more improved technology. Blockchain has been able to help owners and used identify and verify their in-game collections, be it land, cards, or tradeable cards. In this regard, a new game that was…
A large number of blockchain companies are seeking to obtain finances from traditional sources rather than opting for crowdfunding which was done when blockchain hype inculcated in the past. A majority of blockchain companies have been witnessed seeking financial assistance from traditional sources. However, in the past, when the blockchain hype surged, financial assistance was…
Despite recent drawbacks resulting from its ongoing lawsuit with the Securities and Exchange Commission, Ripple has shown that it is still able to serve both its private and public users. Coming alongside a recent news of the positive movements of the coin, Ripple has announced a new development that would further ensure its dominance in…
Working on Cardano (ADA), crypto research and development company IOHK has managed to include a unique feature into the ADA Blockchain, which now enables Cardano to host assets using other blockchains free of any smart contracts. This advancement to the Cardano (ADA) Blockchain was made possible by the activation of the Mary hard fork, converting…
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…
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…
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…
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…
According to a press release published recently, the multinational professional services firm Ernst & Young (commonly known as EY) has rolled out a new solution for investigating on-chain data. Basically, this new tool which is known as Explorer & Visualizer has been developed as an expansion of the EY Blockchain Analyzer product suite. Beta Version…
Bitcoin uses blockchain technology to trade digital currency. Blockchain is more of a digital distributed ledger that enables information to be recorded, maintained, and also shared by people. It uses technology that underpins Bitcoin and other cryptocurrencies. Investing in blockchain stocks is a great financial decision today as blockchain technology continues to expand. Several emerging…
