Public Testnet AGIX ERC20 Converter Bridge Is Now Live


SingularityNET recently released the AGIX ERC20 Converter Bridge’s public testnet. The testnet will help users find better cross-chain features via test tokens from the AGIX Testnet Faucet. The process does not charge any gas fees or real AGIX tokens while gathering user feedback to be incorporated...

Cryptocurrency Exchange Huobi Global to Leave China This Month


Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year. Huobi Global Halts Services in the People’s Republic...

Coinbase To Compress Trading Fees Amid Rising Competition


  US crypto exchange Coinbase is gearing towards a trading fees compression as part of the company’s drive towards diversifying from trading fees and towards increasingly relying on revenue from subscription services.  Trading fee compression will come down “at some point,” Emilie Choi, President...

Polygon and Wanchain Usher in a New Phase of Blockchain Interoperability


Wanchain and Polygon expressed their delight when they announced a strategic agreement that will expedite the advancement of compatible blockchain technology in general and push further usage of Layer-two cross-chain bridging. Wanchain would implement direct, decentralized cross-chain links between...

Bitcoin and Ethereum Correct Lower, Key Supports Nearby


  Bitcoin price attempted an upside break above USD 52,000 but failed. BTC started a fresh decline and traded below USD 50,500. It is currently (12:07 PM UTC) declining towards USD 49,000 and it could even test the key USD 48,000 support zone. Besides, most major altcoins are also moving lower....

Crypto is a ‘Fantastic Hedge’ Against Bubble in Bonds - Pantera’s CEO


  Investing in crypto is a “fantastic hedge” against a bond market that will get destroyed once the US Federal Reserve stops its asset purchases, Dan Morehead, CEO of the crypto investment firm Pantera Capital, wrote in a recently published note. According to Morehead, the Fed’s actions since...

Decentralized dYdX Went Down Due to Reliance on Centralized Cloud Services


  Decentralized exchange (DEX) dYdX was down for 9 hours Monday afternoon to Tuesday morning, due to a major outage that hit Amazon's cloud-service network Amazon Web Services (AWS), once again stirring up debates about decentralization. Some commenters have questioned whether a decentralized...

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