Cryptocurrency Analysis and News Portal
The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coins will be airdropped to the Arbitrum DAO treasury, Offchain Labs (the company
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Google’s API for PaLM will help businesses “generate text, images, code, videos, audio, and more from simple natural language prompts”. Catching up on OpenAI’s accelerating development on ChatGPT, Google has now started offering developers access to one of its most advanced AI-based language models, PaLM. Along with other API enterprise tools,
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The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in cross-border payments. The experiment was designed to test “the technical feasibility of conducting cross-border – cross-currency transactions between
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Maker (MKR) prices are up by almost 20% in the last seven days. The upward trend is attributed to recent poll results announced by Maker that contain a new pricing model. Just last week, Maker made some revisions to an executive poll results. This revised form contains a new pricing model
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Nonfungible token (NFT) conglomerate Yuga Labs is facing some criticism from the cryptocurrency community, including the creator of Bitcoin Ordinals, over how it plans to auction its new Bitcoin NFT collection. On Mar. 5, Yuga opened bids for its “TwelveFold” collection which will see 300 NFT-like images inscribed on Satoshis using
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The Thales treasury will seed $100,000 in protocol-owned liquidity for the THALES/ETH pool on Camelot, a rising decentralized exchange on Arbitrum. Camelot decided to match THALES rewards with GRAIL, Camelot’s native token, allowing users to earn dual liquidity mining rewards on their THALES/ETH positions. Farming rewards in the form of
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The largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it will drop fees to zero for a limited time and offer an optional creator earnings model with a
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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. Source
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In the era of services like Netflix, Dropbox or Amazon Prime, it’s quite easy to forget about the times when customers were getting in line to acquire boxed digital products, like software or entertainment media, with one-time purchases. The age of annual fees started when consumer products turned into subscription-based
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On a few occasions last year, crypto advocates discussed how a number of price models, leveraged to help predict the future value of bitcoin, ended up failing. However, since bitcoin’s value has increased by 36% over the last month, the price has entered the darkest band of the rainbow chart
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