News

Chainlink does not seem like it’s stopping with its partnerships and adoptions anytime soon. Yet another project onboarded the blockchain agnostic platform’s oracles solutions today — this time for changing how legal documents are secured and verified worldwide. Blockchain-based e-document solution FirmaChain said it is integrating Chainlink to bolster the digital contract signing process, as […]

Cardano (ADA) parent IOHK announced a partnership yesterday with Wyoming-based BeefChain. The firms will build a solution for the traceability and security of beef products. Tracing beef with blockchain Jerry Fragiskatos, the chief commercial officer at IOHK, announced the partnership at the Cardano virtual conference held Wednesday. He said the effort will power ranchers to […]

After facing a prolonged bout of sideways trading, Ethereum has now found itself caught within the throes of an intense uptrend that came about suddenly yesterday. As buyers step up and catalyze some notable momentum, it now appears that bulls are making a bid at revisiting its 2020 highs that were set in February around […]

Ampleforth (AMPL) has been one DeFi-related token that has been garnering significant popularity in recent weeks, with attractive annual staking yields leading to an influx of new investors. Although the AMPL token is designed to be pegged at roughly $1.00, massive inflows of capital have caused its price to rocket well past this peg, with […]

Over the past few weeks, some of the best performing cryptocurrencies haven’t been Bitcoin and Ethereum. Rather, it’s been assets like Chainlink (LINK), Synthetix Network Token (SNX), and Kyber Network (KNC). These Ethereum-based tokens, which are closely linked to the decentralized finance, have enjoyed parabolic gains. Take Chainlink, for example. Since the March lows, the popular […]

Ethereum Foundation researcher Justin Drake caused quite the stir earlier this month when he said that for Ethereum 2.0 (a.k.a. ETH 2) to launch properly, developers would need until at least Jan. 2021. This comment was controversial because, for months, investors and other stakeholders in the cryptocurrency industry were certain the launch would take place […]

In a landmark statement yesterday, U.S. regulators said they may allow banks to provide custody solutions for Bitcoin and other cryptocurrencies for American citizens. The development comes as Senate hearings on “digital dollars” are being conducted and China’s digital yuan is challenging the U.S. dollar’s dominance. Cryptocurrency storage similar to traditional assets Reuters said Wednesday […]

Investors have been growing concerned about Bitcoin’s macro outlook as it trades within its multi-month range between $9,000 and $10,000. It appears that, from a fundamental perspective, it has grown stronger throughout this bout of sideways trading. While looking towards the cryptocurrency’s on-chain data, there are signs that investors have used this as an opportunity […]

Band Protocol (BAND) has been one of the hottest tokens in the DeFi sector throughout the past couple of months. The token is currently trading up nearly 600 percent over the past three months, with the vast majority of these gains being incurred in recent weeks. After setting fresh all-time highs just a week ago, […]

The rapid rise in popularity yield farming has seen in the past few months have led to many questioning its sustainability. Stani Kulechov, the founder and CEO of Aave, believes that the model could outlast the current bubble if the right kind of incentives were introduced. He explained that applying the model seen in MakerDAO […]