Polkadot Launches First Cross-Chain Link Between Acala & Moonbeam
13.5.2022
Moonbeam has announced a cross-chain link with Acala using HRMP bidirectional channels that allow token transfers and native communications between the chains without any bridges. The connection uses XCM on the Polkadot platform as XCM was recently released. However, many more will undoubtedly...
Galaxy Digital Sees Quarter-to-Date Loss of $300M
13.5.2022
Cryptocurrency-focused financial services firm Galaxy Digital (GLXY) said it expects it had a loss of around $300 million so far this quarter
Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low
13.5.2022
It's a polarizing world in institutional Bitcoin offerings this week as Grayscale's CEO remains convinced demand will return
Binance Coin (BNB) is Ready for Rally After Initiating a Recovery!
13.5.2022
Binance is one of the largest crypto exchanges that rival market leaders like Coinbase, Gemini, and FTX. Binance decided to create an efficient blockchain to handle data management. At first, their Binance Chain was blockchain, focused only on the Binance exchange but soon transitioned towards...
Bitcoin mining in Norway gets the green light as the proposed ban rejected
13.5.2022
The proposal to ban Bitcoin mining in Norway was rejected in a vote by the Norwegian Parliament on May 10
Tether Recovers After Stabecoin Regains Peg
13.5.2022
The USDT stable coin got itself back up just as Tether’s CTO Paolo Ardoino assured investors that the peg was not broken. The assurance came through a Twitter Space session with Ardoino on Thursday. He also confirmed that Tether has no issues with redemptions, including the $600 million...
Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’
13.5.2022
Jonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB
Bitcoin and Ethereum Consolidate, ADA, APE, and Multiple Altcoins Rally
13.5.2022
Bitcoin price climbed above the USD 30,000 resistance level and is currently (11:45 UTC) consolidating gains above USD 30,500. BTC jumped almost 7% in a day, trimming its weekly losses to less than 17%.
Similarly, most major altcoins are facing an uphill task. ETH recovered above USD 2,000...
Terra Blockchain Resumes Following 9-Hour Halt
13.5.2022
The Terra blockchain has resumed activity following a halt of around nine hours while validators plotted a route out of its ongoing crisis
No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks
13.5.2022
GAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts
Forward To Integrate Chainlink To Enhance DeFi Exchange and LBP
13.5.2022
Forward recently announced its integration with Chainlink Price Feeds on BNB Chain to power its DeFi (decentralized finance) exchange and LBP or lending and borrowing protocol. The team also plans to associate itself with Chainlink Keepers to liquidate positions and loans and rollover loans...
Bitcoin gains superior to stocks in the long term, economist says
13.5.2022
Crypto is more volatile than stocks and thus is associated with higher risks, but it also offers better return opportunities, industry executives agree