News

US bank Citibank said that macro conditions have created a “tipping point” for the world’s largest crypto asset. Opportunity and risks Citibank analysts said Bitcoin is poised to become the world’s “currency of choice” for global trade and that the asset has reached its “tipping point,” as per a research report to clients on Monday. […]

NFTs of NBA Top Shots have taken both the crypto and the real world by storm. And the sales figures prove that. NFT Slamdunk! A basketball-focused collectible card trading game by blockchain games developer Dapper Labs has hit over $230 million in sales, a report by business outlet CNBC said Sunday. For the uninitiated, the […]

Bitcoin markets saw a drastic correction over the last week which carried over to the weekend. But data shows miners are buying. Miners buying Data on Glassnode showed miners sold hundreds of thousands of Bitcoin in the period from the last week of December until last week. The “Miner Net Position Change,” a tool that […]

DeFi exploits and attacks have become increasingly commonplace as the space evolves and attracts both money and participants. The latest of these attacks took place earlier today and saw over $14 million worth of stolen crypto. Furucombo attacked Furucombo, an Ethereum-based transaction “batching” protocol, said this morning that the platform had been exploited and asked […]

The nation is leading in the development of a state-backed digital currency and banks are joining that cause. China’s private banks step up Some Chinese private banks are joining in on the nation’s rollout of its upcoming digital currency, as per local reports. Officially the “Digital Currency, Electronic Payment” (DCEP), the so-termed digital yuan is […]

Once the Mary Hard Fork is implemented, users on Cardano will be able to pay transaction fees in native tokens, essentially requiring no ADA to utilize the blockchain. And while this might seem like a huge technical conundrum, IOHK’s engineers have actually come up with a rather simple, free-market-oriented solution. Cardano’s Extended UTXO makes native […]

London School of Economics teacher Jon Danielsson argues that Bitcoin and fiat currency cannot co-exist. Danielsson claims the concept of Bitcoin as money makes no sense. What’s more, should it ever succeed, he envisions a world of great inequality which, as he alludes to, is contrary to its egalitarian principle. “Fortunately, the more successful bitcoin […]

High speeds and low fees are alluring many projects to move to Binance Smart Chain, the crypto exchange’s smart contract-enabled blockchain network. 1inch moves to Binance Smart Chain Decentralized exchange aggregator 1inch said Thursday that it was expanding to the Binance Smart Chain, as per a release. The move comes amidst many projects opening up […]

FD7 Ventures, a Dubai-based crypto investment fund with $1 billion under management, has announced plans to sell off $750 million worth of their Bitcoin holdings in the next month. The proceeds from the sell-off will be used to purchase Cardano and Polkadot, as the fund’s managing director says he believes ADA, DOT, and ETH will […]

A unique problem exists on the Polkadot network: the presence of “free riders” who can benefit when others pay for parachain slots. But there’s a solution for that. Parachains and what they do Polkadot, for the uninitiated, is a high-speed, secure blockchain capable of supporting smart contracts via the many “parachains” that are deployed on […]