Category: Cryptocurrency
The new ecosystem fund will be used to support the 7,500 developers on Flow to build new gaming, infrastructure, DeFi and content creator products on the NFT blockchain. 1225 Total views 27 Total shares The Flow ecosystem is set to get a boost in support from a new $725 million fund that will be used […]
Crypto derivatives trading platform dYdX has officially launched an app via Apple’s iOS store, joining just a select number of fellow decentralized finance (DeFi) protocols that have built apps for smartphone adoption. According to a May 10 announcement, dYdX’s app is now ready for use, with the project noting that more than 200,000 people had […]
Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its holdings at the end of the first quarter. 334 Total views 19 Total shares Townsquare Media, a New York based digital marketing and radio station […]
Investors are urgently sending Bitcoin into exchanges in order to either de-risk their portfolio or to protect margin positions with more collateral, according to Glassnode’s latest report. 5188 Total views 47 Total shares The number of transactions on the Bitcoin (BTC) network has spiked over the past week, with blockchain analysis firm Glassnode suggesting that […]
Floor prices for some of the most popular NFT collections are slipping to their lowest levels in over a week, including the top-traded Otherdeed for Otherside metaverse land. 4090 Total views 22 Total shares The contentious Otherdeed for Otherside nonfungible token (NFT) floor price has dropped below its mint price to 2.45 Ether (ETH), worth about […]
Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price bounces at $29,700 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD plumbing lows of $29,731 on Bitstamp. The first trip under the $30,000 mark […]
The market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff. 7312 Total views 51 Total shares As the crypto community still tries to decipher Terra’s ongoing pegging-de-pegging fiasco in relation to its stablecoin offering TerraUSD (UST), major […]
A crypto analyst claimed that staking Bitcoin within exchanges allows them to sell it to someone else; Cointelegraph reached out to the platforms for more info. 1906 Total views 5 Total shares Security breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst even claims that keeping your BTC […]
In the future, India’s NDSL and the Securities Board division will welcome other entities to join the decentralized network. 1161 Total views 28 Total shares The National Securities Depository (NSDL), India’s central securities depository based in Mumbai, launched blockchain-based security and covenant monitoring platform. NSDL officially launched the distributed ledger technology (DLT) platform on Saturday during […]
Though the protocol offers an arguably lucrative yield of 4% per year, it’s only available to accredited investors as of now. 901 Total views 31 Total shares On Monday, decentralized finance, or DeFi, protocol Compound Treasury announced that it received a credit rating of B- from S&P Global Ratings. As told by the team at […]