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A New Metric to Evaluate Crypto Ecosystem Fundamentals
5.7.2023
The years-to-profitability ratio is a good way to evaluate a level-1 blockchain
Value Locked in Solana's Liquid Staking Protocols Surged by 91% in the First Half of the Year
5.7.2023
As the crypto market returns to form this year, so too has demand for liquid staking – especially in the Solana ecosystem. ...
Read More: Value Locked in Solana's Liquid Staking Protocols Surged by 91% in the First Half of the Year
DBS Bank China Launches Digital Yuan Merchant Collection Solution
5.7.2023
Crypto-friendly bank DBS announced the launch of a digital yuan merchant collection solution for business clients.
The new payment solution will allow mainland Chinese businesses to receive payments in the central bank digital currency (CBDC).
The DBS merchant collection platform allows...
India Fosters Global Cross-Border Payments For The Digital Rupee
5.7.2023
The Reserve Bank of India (RBI) is on course to expand the frontiers of its Central Bank Digital Currency (CBDC), the “digital rupee” as it negotiates with foreign countries to adopt cross-border payment systems.
The bank is currently in talks with its counterpart in at least 18 countries on ways...
Bitcoin Emerges as NFT Contender With $463 Million in Sales in 4 Months
5.7.2023
In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales consistently since then. However, despite this impressive...
Blockchain Project Interlay Wants its New Platform to Become a ‘One-Stop-Shop for Bitcoin DeFi’
5.7.2023
“We've only seen the tip of the iceberg with bitcoin DeFi today,” said Interlay CEO and Co-founder Alexei Zamyatin in an exclusive interview with CoinDesk
How blockchain technology and DeFi could help solve the housing crisis
5.7.2023
Home Construction Collective’s co-founders spoke with The Agenda podcast to explain why homes are so expensive and how decentralized finance might provide an answer
5th edition of the Nordic Blockchain Conference is coming soon!
5.7.2023
The 5th edition of the Nordic Blockchain Conference (NBC) is the largest blockchain and web3 conference in the Nordic region, taking place in Copenhagen on September 6 + 7, 2023. The Nordic region is known for its trusted taste, commitment to sustainability, innovation, and technology. The NBC,...
Billionaire Mark Cuban And Ex SEC Official Argue Over FTX Collapse And Crypto Regulations
5.7.2023
American billionaire Mark Cuban and the former US Securities Exchange Commission official John Reed Stark argued over what actually caused the collapse of FTX and how US customers could have been protected better.
Shark Tank star Mark Cuban suggested in a tweet that had the US SEC adopted similar...
Current CBDC Models Aren't Viable for Everyday Transactions: Copper's Research Head
5.7.2023
In an interview with The Block, Fadi Aboualfa, the head of research at crypto brokerage Copper, expressed that the existing Central Bank Digital Currency (CBDC) models are "not a viable cash equivalent that people could use in daily transactions."
Aboualfa raised doubts about CBDCs despite...
Inborg Upgrade for Polygon PoS Network through two proposals
5.7.2023
The Polygon Improvement Proposal (PIP) infrastructure, which is similar to the EIP infrastructure, sets in place a coordination layer in the case of all upgrades carried out on the Polygon PoS. This provides the opportunity for the ecosystem consensus to be introduced in the forum and the Polygon...
Blockchain Scaling: Near Sharding versus Ethereum Layer-2s
5.7.2023
Blockchain technology is here to stay; implementing scalable solutions is the only option. Now, there are two separate approaches gaining traction in the current times. One deals with Near sharding, and another deals with Ethereum Layer-2. Both have a substantial fanbase to their names; however...
Taiwan Notes Rise in Bitcoin, Ethereum Use in Bribery Cases
5.7.2023
Bitcoin (BTC) and Ethereum (ETH)-powered “bribery” cases are on the rise in Taiwan, the nation’s justice ministry has claimed.
Per the China Times, the ministry warned that cash is no longer the only currency used in corruption cases.
The ministry said that BTC, ETH, and other coins were also...
Brazilian Lawmakers Want to Hear from Binance, Bitso & OKX as MPs Target Crypto Scams
5.7.2023
Brazilian lawmakers have summoned the heads of major crypto exchanges to parliament, with representatives of the trading platforms Binance, Bitso, and OKX all set to attend.
Per the Brazilian media outlet Livecoins, a special parliamentary commission for “cryptocurrency-based financial pyramid...
New BRC69 Token Standard Promises 90% Savings for Bitcoin’s Ordinal Inscriptions
5.7.2023
While Ordinal inscriptions continue to rise, nearing the 15 million range, a new token standard was revealed on July 3 called BRC69. According to the creators of the concept, it can reduce the costs of inscriptions for Ordinal collections by over 90%. The launchpad Luminex, which announced...
Data Reveals Persistent 'Fake Followers' Problem on Crypto Twitter
4.7.2023
Digital assets token accounts and crypto celebrities on Twitter have gained an “influx of fake followers,” a new report reveals.
One of Elon Musk’s top priorities for Twitter, following his $44 billion deal to buy the social media giant, is cracking down on fake accounts dubbed “spam bots.” Fake...
Justin Bieber Is Down $1.2 Million On His Bored Ape NFT – Here’s What Happened
4.7.2023
Worldwide singer-superstar Justin Bieber is deep in the red ever since joining the NFT world’s infamous Bored Ape Yacht Club (BAYC) last year.
In January 2022, the celebrity notoriously purchased Ape #3001 for 500 ETH, worth $1.3 million at the time. Today, that same collectible is worth just...
Attacker Siphons $10 Million in Crypto From Poly Network – Here's What Happened
4.7.2023
A hacker exploited the Poly Network over the weekend and swapped out nearly $10 million in ETH, security firm Beosin revealed.
Poly Network confirmed via Tweet on July 2nd that it became the latest victim of a DeFi exploit, enabling the hacker to mint $34 billion worth of crypto.
Poly Network,...
Huobi Crypto Exchange Fixes Breach That Leaked Thousands of Users' Contact Information
4.7.2023
Major crypto exchange Huobi has silently resolved a massive vulnerability that allegedly exposed user assets for two years.
Per white hat hacker and researcher Aaron Phillips, Huobi accidentally published a file containing Amazon Web Services (AWS) credentials in June 2021, that leaked contact...
Blockchain project ExoWorlds takes over VeSea
4.7.2023
ExoWorlds, which is a blockchain metaverse project, has taken over VeSea, a well-known NFT marketplace platform on VeChain. This will include its much sought-after NFT collections, VeKings and NFTPP. ExoWorlds, too, has an array of NFTs in its arsenal. The acquisition will be a step in...