Blockchain

ADA – the cryptocurrency fueling the Cardano blockchain – now has over $30B worth staked on the network. That’s over 70% of the token’s circulating supply while making Cardano the most capitalized blockchain by staked value, with Ethereum in a distant second at about $12B. Anticipating Smart Contracts The $31.4B figure is gleaned from PoolTool’s recent data, an app that regularly tracks and streamlines interaction between stakeholders and SPO’s. The milestone is reached...

The analysts project staking yields across the blockchain industry to double again to $40 billion by 2025 after the next phase of the energy-efficient Ethereum 2.0 is unveiled.A new JPMorgan report has revealed that the launch of the Ethereum 2.0 network will take the lid of the proof-of-stake (PoS) consensus mechanism and make staking yields a more attractive and steady source of income for both institutional and retail investors.JPMorgan analysts are expecting payouts more than double to...

[Featured Content] It has been over 10 years since Bitcoin reached the open world and advanced blockchain further. So far, the technology has reached mainstream users and many businesses and government officials have already considered the benefits of using it in a long list of industries ranging from agriculture and real estate to healthcare and voting. Consequently, dozens of new projects are popping up each year, competing against each other in the somewhat futile task of...

Not long ago, a billionaire in Mexico named Ricardo Salinas Pliego stated that he was working with his bank (known as Banco Azteca) to ensure customers could gain access to crypto and blockchain services. While Pliego is excited about the prospects of digital currency, his country is not as enthusiastic. Mexico Will Not Permit Banks to Enter the BTC Forum On social media, Pliego stated the following: Bitcoin is a good way to diversify your investment portfolio and I...

[PRESS RELEASE – San Francisco, California, 1st July 2021] Public Mint, the fiat-based blockchain and payments infrastructure, has partnered with Abra, Abra, a leading wealth management platform with functionality for buying, selling, trading and earning interest on cryptocurrencies, to offer lucrative yield opportunities on the EARN program. Public Mint will deploy a portion of the funds allocated to the program to Abra, making it an additional source of yield in the...

[PRESS RELEASE – Please Read Disclaimer] With increasing activities in decentralized finance (DeFi) and blockchain space, the last year has been buzzing. DeFi has grown tremendously, from a total value locker (TVL) of $500 million on March 12. In order to be one of the most significant forces behind the crypto market bull rally of 2020/21. Currently, TVL in DeFi remains at over $50 billion. A Multi-Layer One Solutions Platform Ergo is a multiple-layer one solution providing...

[PRESS RELEASE – Singapore, Singapore, 1st July 2021] CENTRE, a consortium run by crypto exchange Coinbase and payments firm Circle has announced the support to issue USD Coin (USDC) on TRON, one of the largest and most popular blockchain-based operating systems in the world. USDC was on Ethereum in 2018 and expanded to Algorand, Stellar and Solana in the second half of 2020, as of June 2021 TRON is now the fifth chain to issue USDC with more to follow in the latter half of...

[Featured Content] There is an estimated $256 trillion worth of real-world assets such as real estate, privately-held companies, commodities, and more. Most of them are highly illiquid and beyond the reach of small investors. Bringing them on the blockchain and enabling people to own fractional pieces of them will democratize access to such assets. It will also ensure that the asset owners have easy access to funding and buyers. For example, can you buy shares of SpaceX?...

[PRESS RELEASE – Seoul, South Korea, 30th June 2021] Token minting platform Dexlab has completed private funding round to create a gateway to the Solana ecosystem. $1.44 million was raised with the aid of grants from Solana and Eco Serum and the participation of leading blockchain VCs. Dexlab is the developer behind the Minting Lab, a turnkey solution for token issuance, management, and deployment of smart contracts. Parataxis Capital, Genesis Block Ventures, CMS, NGC...

CoinMarketCap reveals that the feature is accessible on the pages of supported coins.Crypto market data aggregator CoinMarketCap (CMC) through integration with non-custodial decentralized crypto exchange Uniswap has launched a token swap feature on its website. CMC is one of the most visited finance portals in the world. According to data by SimilarWeb, the site had upwards of 270 million visitors last month.This new addition does not automatically come with all of the tokens listed on its...