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Crypto’s Barren Wasteland: A Look at What’s Left of Terra’s Defi and Token Ruins
21.5.2022
Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s decentralized finance (defi) presence was second...
Dvision Network Announces New LAND Staking Feature to Help Bolster Virtual Plot Utility
20.5.2022
PRESS RELEASE. The Dvision Network has recently announced the new ‘LAND Staking Feature’ in their Dvision Metaverse, with the development being finalized to present a new use case to the virtual plot owners. According to the official statement, users who possess Dvision LAND NFT...
Central bankers bellow Bitcoin on El Salvador's Bitcoin Beach
20.5.2022
On day three of El Salvador’s financial inclusion and funding for SMEs conference, Bitcoin has stolen the show
SWIFT, Capgemini team up to test using the international network for CBDC transfers
19.5.2022
The bank messaging service, which dates back to the 1970s, is looking to connect CBDCs to each other and to traditional currencies as it tries to stay up to date
Block Expects Bitcoin To Disrupt Legacy Payments, Boost Its Business
19.5.2022
Fueled by the ongoing expansion of the Lightning Network, bitcoin (BTC) has the potential to disrupt the existing legacy payment networks the world over -- and Block, the payments company formerly known as Square, hopes to use the cryptocurrency to boost its presence across the globe. ...
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Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon
18.5.2022
The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but Lens profiles are linked to a non-fungible token (NFT) that can be ported into decentralized applications. Lens...
From Silence to Humbling Hell - Major Terra Backers Keep Low Profile as the Small Guy Is 'the Biggest Loser'
18.5.2022
Major Terra (LUNA) backer Mike Novogratz of Galaxy Digital is still largely silent on the downfall of LUNA and the terraUSD (UST) algorithmic stablecoin, while some other institutional investors have put out vague statements that called the incident “hell for our entire community”...
CoinCorner Launches NFC-Enabled Bitcoin Card Powered by Lightning Network
18.5.2022
Crypto exchange and web wallet provider CoinCorner has announced the launch of its Bolt Card, a contactless Bitcoin (BTC) card powered by near-field communication (NFC) and the Lightning Network (LN).
The card allows users to leverage the power of the LN, a layer 2 (L2) payment protocol layered...
The Lightning Network Lunch: A Bitcoin contactless payment story
18.5.2022
A data analyst on the Isle of Man demonstrated how contactless payments work on Bitcoin’s Lightning Network using an NFC enabled "Bolt Card."
FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network
18.5.2022
Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However...
Algoracle Announces $1․5 Million Seed Round
18.5.2022
PRESS RELEASE. Algoracle has recently announced the close of its seed round for $1.5 million (USD) to help accelerate the development and launch of Algorand’s native decentralized oracle network. Algoracle’s seed round was led by Borderless Capital, with major contributions from...
Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants
17.5.2022
Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is to fork the blockchain into a new chain that does not include...
L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow
17.5.2022
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have...
FTX's Bankman-Fried Hints at Bitcoin Lightning Network Integration After Community Backlash
17.5.2022
After facing a backlash from the Bitcoin (BTC) community over comments to the Financial Times that Bitcoin is “not a payments network,” Sam Bankman-Fried, the billionaire CEO of crypto exchange FTX, now hints that his exchange may implement Bitcoin Lightning Network payments.
“Sounds right...
EY Unveils Supply Chain Manager on Polygon Network
17.5.2022
Big Four consulting firm EY has unveiled its blockchain-based supply chain manager built for the Polygon Nightfall network
Elon Musk Could Renegotiate Twitter Deal as Bot Number 'Unknowable as the Human Soul'
17.5.2022
In another installment of Elon Musk’s journey towards acquiring social media giant Twitter, the billionaire is apparently aiming to renegotiate his bid to take over the platform, declaring that a lower price tag would not be “out of the question.”
Speaking at a conference in Miami, Tesla’s...
Bitcoin, Bukele and a bevy of central bankers meet in El Salvador
17.5.2022
El Salvador welcomed 44 central bankers from developing countries around the world to tackle financial inclusion and discuss Bitcoin at a three-day conference
NEAR developers to get seamless Web3 app deployment with Pocket Network
17.5.2022
According to Pocket Network, the latest integration with NEAR allows native developers to deploy their applications on other supported blockchains, including Ethereum, Solana, Polygon and more
Celsius Network's crypto mining subsidiary SEC filing suggests plans for IPO
16.5.2022
The SEC requires companies in the United States to file an S-1 registration for shares to be listed on a national exchange, like the Nasdaq or New York Stock Exchange
Celsius Network Files Draft S-1 Form to Take Its Mining Unit Public
16.5.2022
The filing is expected to become effective after the SEC completes its review process, subject to market and other conditions