News

IOHK, the company behind Cardano, has entered into a partnership with Nervos, a multi-asset blockchain network based in China. The two have jointly launched a research initiative around UTXO ledgers and smart contracts that’s set to create a secure and scalable alternative to Ethereum’s account model. IOHK and Nervos announce an unlikely PoW/PoS partnership Nervos, […]

The Bitcoin price (BTC) has achieved $20,800 across major exchanges despite whales in Asia selling aggressively. On-chain analysts said that the $18,500 to $19,500 was a “no trading zone” until whale inflows subside. Ki Young Ju, the CEO of CryptoQuant, said: “For me, 18.5k-19.5k is no trading zone. $BTC will break $20k this year eventually, […]

This has been said many times before but it’s worth saying again, right now, DeFi has largely been relegated to Ethereum. While there are promising decentralized finance projects on other blockchains, they have seen little traction compared to Ethereum, where there is over $10 billion locked, one million total users, and tens of thousands of […]

It appears that another DeFi “rug pull” has taken place as investors continue to throw money at an array of Ethereum small caps, even if they don’t have fully-developed products or long-standing teams. A project that is known as DistX has seen its native token crash by literally over 99 percent in the past 36 […]

The assets under management (AUM) of Grayscale achieved $13 billion, which is indicative of the large influx of capital into Bitcoin (BTC).  The continuous increase in institutional demand for Bitcoin as the price hovers at $19,000 is optimistic for two reasons. First, it means that there is consistent demand despite Bitcoin nearing a key resistance […]

US regulators are scratching their heads with regards to what to make of the multibillion emerging market, but there’s a positive sign for the space. DeFi is rising, the regulators are talking A Monday meeting between members of the Commodity Futures Trading Commission saw discussion of the rise of DeFi applications and use cases as […]

MicroStrategy’s ambitious $650 million Bitcoin investment wouldn’t have been possible without the backing of the billion-dollar company’s investors. However, few know the names of the companies that supported the ambitious decision and decided to allocate a significant portion of their own funds to Michael Saylor’s big investment play. Here are the big names backing Michael […]

2020 has been a year of Bitcoin adoption. On the retail side, PayPal has launched crypto-asset trading while Bitcoin itself has seen widespread coverage by the world’s media. On the institutional side, Wall Street service providers have begun to service corporations and funds with custody and execution solutions. But according to JPMorgan, Bitcoin can see […]

After the decentralized finance correction began in September of this year, non-fungible tokens (NFTs) suddenly rocketed into the limelight. Investors that made an absurd amount of money in the summer were looking for ways to invest their capital outside of DeFi. And, those that were stuck holding DeFi bags were looking for better crypto sub-industries […]

Last week, IOHK successfully applied a change to the Cardano protocol that is set to bring token locking to the platform. The upgrade, called Allegra and set to take place on Dec. 16, represents a major step in IOHK’s drive to bring both Goguen’s smart contract functionality and Voltaire’s governance to Cardano. Token locking coming […]