Cryptocurrency Analysis and News Portal
Router Protocol, a project aimed at connecting multiple blockchains, has raised a $4.1 million funding round.Router, which raised $485,000 of seed funding last year, now has the backing of Coinbase Ventures, QCP, De-Fi Capital, Polygon, Wintermute, Shima, Woodstock and Bison Ventures.As the blockchain universe matures, liquidity is at risk of
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After the Chinese authorities introduced a complete ban on cryptocurrency transactions in September by equating them to illegal financial activity, local cryptocurrency miners either dropped off the radar or moved to other countries in order to continue with their business.The United States subsequently became the leader in terms of Bitcoin
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Binance, the world’s largest crypto exchange by trading volume, is reportedly in talks with Indonesia’s richest family, the Hartonos, to open a crypto exchange. As per a report published in Bloomberg, Binance Holdings Ltd. is looking to finalize a crypto venture with billionaire siblings Budi and Michael Hartonos-controlled PT Bank Central
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A new proposal in the Brazilian Congress calls for a tax exemption on both the importation of crypto mining rigs and on any mining conducted using renewable energy sources.A Dec. 4 report from Brazilian media outlet Seudinheiro explains that a series of new proposals from Brazilian lawmakers could reduce the
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Meanwhile, fundamentals remain strong for large-cap cryptocurrencies like polkadot and terra. Polkadot’s much-awaited ‘parachain’ feature went live last month, allowing investors and the community to lock up DOT tokens in an auction for other blockchains, that build atop the main Polkadot blockchain. In return investors, receive the native tokens of
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This summer, Ethereum’s much-anticipated London hard fork went live. And with it, Ethereum Improvement Proposals (EIPs) 1559, 3554, 3529, 3198 and 3541, or code upgrades that aimed to improve the Ethereum network’s user experience and value proposition. Most notable was EIP 1559, a change to the network’s gas protocol, which
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The Ross Ulbricht Genesis non-fungible token (NFT) collection auction has come to an end and the auction winner was the “Free Ross DAO,” backed by the Pleasrdao project. The NFT collection raised 1,446 ether or $6.27 million at the time of settlement. Free Ross Decentralized Autonomous Organization Wins Ross Ulbricht’s
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Despite the regulatory limitations, not all Kazakh miners have abandoned hope. Some think that if failing power plants come back online, KEGOC’s electricity rationing policy will improve. Others hope that if they develop their own renewable energy capacity, they will be able to start growing again. Source
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sponsored Metaverse is the trending concept in the blockchain industry due to its massive potential in different sectors. Blockchain gaming is one sector that has embraced the metaverse, and GensoKishi Online “Meta World” is at the forefront of this development. GensoKishi Online “Meta World” is a new metaverse and GameFi version
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French gaming giant Ubisoft Entertainment SA’s new nonfungbile token (NFT) project Quartz is facing strong pushback from the gaming community. Ubisoft unveiled the Beta launch of Quartz via a brief YouTube video on Dec. 8 that has 214,721 views at the time of writing. The project aims to combine NFTs
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