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Aave Launches Stablecoin GHO on Ethereum Goerli Testnet with Open Source Codebase and Audits
9.2.2023
Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on Github and has undergone audits by Open Zeppelin, Sigmaprime and ABDK. Aave Invites Programmers...
Ordinal NFTs Push Bitcoin Network Activity to Near 2-year High – What This Means for the BTC Price?
9.2.2023
The 14-Day Exponential Moving Average (EMA) of the number of transactions taking place on the Bitcoin network hit its highest level since April 2021 earlier this month, according to data from crypto analytics firm Glassnode. The 14-Day EMA of transactions recently surpassed 300,000, with analysts...
CryptoQuant: Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs
9.2.2023
Transactions are coming from the popularity of the recently-deployed protocol Ordinals, which allows for NFT-like tokens to be stored on-chain
Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days
8.2.2023
Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital collectible trend on the network, with the number...
End of bull run? The Graph awaits correction after a 200% GRT price rally
8.2.2023
GRT has turned technically overbought, but its long-term potential remains skewed to the upside, thanks to healthy network fundamentals
Privacy Coin Interest Stays Tepid as Leading Coins Report Modest Gains in 2023
8.2.2023
Over the past 90 days, the top privacy coins by market capitalization have seen an increase of just over $2 billion, rising from $4.65 billion on Nov. 9, 2022 to $6.69 billion today. However, while crypto assets such as bitcoin and ethereum saw gains of 30% or more in 30 days, privacy tokens like...
Electricity- and Network-free Digital Yuan Payments Taking off in China – Report
8.2.2023
Electricity-free digital yuan payment adoption is reportedly on the rise in China – where smartphone users can spend their coins without a network connection.
Earlier this year, the central People’s Bank of China (PBoC)’s updated the official digital yuan app. The update allows users to...
Blockchain-Based Render Network Token Rising After Community Vote for New Burn-and-Mint Model
8.2.2023
The utility token of Render Network has jumped 80% over the past seven days following the passage of a new tokenomics model proposal on the network
File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting Product
7.2.2023
File transfer service giant Wetransfer announced Monday it is collaborating with blockchain platform Minima to offer a non-fungible token (NFT) minting product in March. Wetransfer’s announcement details that users leveraging the Minima cooperative will be able to mint NFTs from a mobile...
Decentralized Identity Network Space ID Raises $10M
7.2.2023
The round was led by crypto investment firms Polychain Capital and dao5
Pocket Network forms a merger with Arbitrum One
7.2.2023
Pocket Network happens to have formed a much official merger with Arbitrum One. This was carried out to facilitate the transfer of the power of the decentralized RPC framework to the chain. Arbitrum one happens to be one of the most sought-after and new-age layer 2 upgrading solutions where...
Uniswap DAO Approves Boba Network Deployment in Latest Community Vote
7.2.2023
The proposal submitted by Boba Foundation and FranklinDAO was backed by organizations such as GFX Labs, Blockchain at Michigan, Gauntlet and ConsenSys
Ethereum Struggles to Attract Investors Despite Upcoming Shanghai Upgrade, Healthy Network Fundamentals
6.2.2023
It was another bumper week for crypto investments last week. That’s according to the latest Digital Asset Fund Flows Weekly report from CoinShares, who said that digital assets saw investment inflows of $76 million last week....
Read More: Ethereum Struggles to Attract Investors Despite Upcoming...
Community votes to deploy Uniswap v3 on Boba Network
6.2.2023
Enya Labs co-founder Alan Chiu said that the move will allow developers to build on and off-chain DeFi applications on top of Uniswap
Bitcoin, Ethereum and select altcoins set to resume rally despite February slump
5.2.2023
Bitcoin and select altcoins such as ETH, OKB, ALGO, and THETA may extend their up-move after a brief correction
Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn
5.2.2023
Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain network Filecoin. Benet emphasized in the blog post that it has been an “extremely challenging economic downturn...
Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened
4.2.2023
The last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster than the 10-minute average, at approximately...
Options Automated Market Maker Lyra Deploys to Arbitrum Network
3.2.2023
With the Newport upgrade, Lyra is also now integrated with GMX perpetuals, allowing users to benefit from improved capital efficiency and user experience
Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost
3.2.2023
Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar increase. As...
AIverse partners with Deca4 to launch on the Hedera Network
3.2.2023
In an exciting turn of events, the HBAR Foundation has announced that AIverse has partnered with Deca4 with the mutual aim of bringing the wrapped AI NFTs to the publicly distributed network of Hedera. This marks a significant milestone since AI NFTs will not be able to see the light in...