Cryptocurrency Analysis and News Portal
What’s going on at Polygon? There seems to be a disturbance in the force over there. Is the Ethereum Layer 2 project alright? Are they doing everything above board or is there something sinister going on? Are they even decentralized if they can hard-fork just like that? Or did they
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If you are a plan-ahead, bought-your-gifts-in-November type, there’s no need to read further. But if your shopping season only heats up during the second half of December before it comes to a screeching halt shortly before midnight Dec. 24, then this gift guide is for you. Lucky for you, many gifts
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On Thursday, ConsenSys, a prominent developer of Ethereum (ETH) software, announced the launch of enterprise software ConsSys Rollups. The service, designed on the basis of zero-knowledge (ZK) proofs, is meant to protect specific transaction elements, such as account balances, sender and recipient wallet addresses, and transaction amounts to secure each
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Once Vitalik Buterin’s trilemma is solved, what’s the blockchain space to do?The trilemma, briefly, is that proof-of-work blockchains can make transactions secure, decentralized and scalable – as long as you pick only two out of three. This technological bottleneck, some would say, has held back crypto adoption more than any
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Dunamu, the operator of major South Korean cryptocurrency exchange Upbit, is progressing with blockchain development as its blockchain arm Lambda256 secured new funding.According to a Dec. 15 announcement, Lambda256 raised 70 billion Korean won ($60 million) in a Series B round, valuing the company at over $300 million. The firm
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Between its TopShot non-fungible token collection and high-profile crypto partnerships, the National Basketball Association has consistently integrated blockchain and crypto into its business model and fan base ahead of many other sporting leagues. This week it’s been stepped up a notch, however, with the announcement of a series of new
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NFT marketplace Rarible officially launched its integration with proof-of-stake blockchain Tezos pm Thursday. This collaboration will allow Rarible to feature Tezos NFTs on its marketplace and support secondary sales of live Tezos projects while enabling users to mint low-fee NFTs.Rarible’s integration with Tezos marks the third layer 1 blockchain supported
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On December 14, Moonray PBC, the developer behind the multiplayer action-role-playing game (RPG) Moonray, announced that the project has raised $3.5 million from strategic investors. Moonray is considered the first metaverse and gaming non-fungible token (NFT) exchange built on the Bitcoin network via Stacks. Moonray PBC Leverages Stacks to Build a
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Wells Fargo has partnered with HSBC to use its blockchain tools for the settlement of bilateral foreign exchange (FX) transactions.Wells Fargo would use the HSBC-developed FX Everywhere platform for interbank FX transactions. Developed by HSBC in 2018, the blockchain settlement platform is primarily used to settle transactions between banks within
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Six worldwide corporations have banded together to start the IEEE blockchain Identity of Things standardization. According to IEEE Chair of the Identity of Things Working Group Dr. Xinxin Fan, researchers from Lockheed Martin, Ericsson, Lenovo, Huawei, Bosch, IoTeX and China Academy of Information and Communications Technology are developing the global
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