Cryptocurrency Analysis and News Portal
“Today's announcement with Google Cloud aims to increase transaction throughput enabling use cases in gaming, supply chain management, and DeFi," Polygon President Ryan Wyatt said in the statement, adding: "This will pave the way for even more businesses to embrace blockchain technology through Polygon." Source
Read More
According to a new report published by Singaporean venture capital firm Foresight Ventures, the cost of decentralized file storage on blockchains such as Filecoin, Arweave, Swarm, StorJ, and Sia currently ranges from near zero to $4 per terabyte (TB) per month. This is much lower than traditional Web2 services such
Read More
Chinese tech giant Alibaba will cut the prices of its cloud services by up to 50% starting today as it hopes to grow the sector. Alibaba Group (NYSE: BABA) recently announced cutting its cloud prices by 50% to spur business growth. The Chinese tech giant seeks to carve out a bigger share
Read More
Decentralized finance (DeFi) protocol 1inch has deployed its aggregation and limit order protocols on Ethereum layer-2 scaling solution zkSync Era to tap into faster and cheaper transactions.1inch Network is the latest of a host of Ethereum-based platforms and services to deploy on the zero-knowledge proof (zk-proof) based scaling platform. Uniswap,
Read More
The African continent continues to be a fertile ground for the growth and implementation of blockchain technology.In the African Blockchain Report 2022 by Crypto Valley VC, it was stated that blockchain deals in Africa raised a total of $474 million, resulting in a 429% increase in African blockchain venture funding.
Read More
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
Read More
Meanwhile, Central, Northern and Western Europe are the largest crypto economies worldwide thanks to DeFi, NFTs, and growing regulatory clarity, with a lower daily usage for stablecoins.“The new regulation affects all players such as service providers, token and stablecoin issuers who need to apply for licenses to operate and a
Read More
Since the economic effects of the COVID-19 pandemic, the job market in the United States has been making gradual progress toward recovery. Despite recent encouraging job growth, it has yet fully returned to pre-pandemic levels. Nevertheless, the crypto market has benefited despite the gradual rebound. Slow US job growth and crypto According
Read More
On Friday, the Labor Department reported a March job growth that is way off February’s upwardly revised figure of 326,000. US job growth amounted to 236,000 for March amid slowing signs in the labor market. The figure puts the Labor Department’s Friday payroll growth report close to the Dow Jones estimate
Read More
Japan recently approved a Web3 white paper that could place the East Asian nation at the forefront of global crypto growth. Japan has approved a Web3 white paper to boost the country’s fledgling crypto industry growth. On Thursday, the East Asian nation’s ruling Liberal Democratic Party’s Web3 project team published the crypto-guiding document.
Read More