Blockchain

The popular blockchain network – Elrond – has been getting a lot of traction lately, and this has propelled the price of its native EGLD token through the roof. It surged by almost 60% in three days. EGLD’s Rally Leading up to November 19th, EGLD’s price was around $300. However, last Friday, this changed drastically, and the token charted a new all-time high of around $492 today. One of the main reasons behind the price expansion might have been the $1.29 billion liquidity...

Emerald, the Ethereum Virtual Machine (EVM) compatible ParaTime developed by the privacy-focused blockchain protocol Oasis, has officially seen the light of day on Mainnet. Oasis aims to attract more projects from the DeFi, NFT, and gaming dApps industries onto its network with the move. The press release seen by CryptoPotato informed of the launch, explaining that Oasis Network wants to provide enhanced DeFi and NFT experience for its user base but only for a fraction of the...

[PRESS RELEASE – Midtown, Gibraltar, 19th November 2021] Panther Protocol, the end-to-end privacy solution building the privacy layer for Web3 and Decentralized Finance, and Velas, an EVM/eBPF hybrid chain offering up to 75,000 TPS for dApps that require lightning speed and scale, are joining forces in a strategic partnership today. Based on Solana, but offering EVM compatibility and Solidity support, Velas is building an open-source blockchain world of services and products...

[PRESS RELEASE – Midtown, Gibraltar, 18th November, 2021] Today, Panther Protocol has announced that it’s partnership Flare, will be expanded into Flare’s Canary network, Songbird. Flare is the world’s first Turing-complete FBA (Federated Byzantine Agreement) network, and Panther is building the interoperable privacy layer DeFi and Web3, aiming to make privacy a standard, not an afterthought. Flare started its mission to “Unlock the Value” inherent in the 65% of blockchains...

The debate over the feasibility of using Ethereum as the Swiss Army of the crypto-verse is heating up again now that DeFi, gaming, and NFT are enjoying a recent surge in popularity. But the outlook is not very positive considering the current state of affairs. The impact of xcessive fees, long confirmation times, and slow updates is starting to worry retail users, techies, and large investors. Ethereum Developers Should Focus on L1 Faced with the difficulties of delivering a...

Multi-industry consulting firm Treliant has brought Michael Saxon onboard as its new senior director. Saxon will work to grow the company’s blockchain and cryptocurrency advisory services for the company’s expanding list of clients. Saxon Is the Man for the Job Saxon has worked as a consultant for the past several years in the blockchain space. Not only has he advised many up-and-coming firms, but he has also led several new projects that have pushed the digital currency...

Cryptocurrency is growing heavily as of late, though it’s probably safe to say that a lot of people still aren’t terribly familiar with it. They’re unaware of how it works, how to trade, or even what companies are emerging that are pushing the crypto and blockchain agendas. That may change now that PR firms like Parrot Media Consultants are getting involved. Parrot Media Is Helping Crypto Move Forward Parrot Media is a public relations firm that is starting an entirely...

Several gaming and technology leaders have gathered to form Game7 – an upcoming blockchain ecosystem acceleration decentralized autonomous organization (DAO) with a $500 million budget. The DAO seeks to intersect the $180 billion gaming industry with blockchain technology. Accelerating Blockchain Adoption in the Gaming Industry The initiative was announced in a press release seen by CryptoPotato. Game7 was proposed as a $500M blockchain gaming DAO that will seek to accelerate...

According to data provided by the blockchain analysis company – Elliptic – investors have lost $12 billion to criminals targeting decentralized finance platforms since the beginning of 2021. More than $10 billion of that amount accounts for cases of fraud and theft on DeFi products. Seven Times More Than in 2020 Over the recent years, the total value locked in DeFi projects has skyrocketed from $500 million to nearly $250 billion. With this major increase, though, comes the...

[PRESS RELEASE – Sydney, Australia, November 19th, 2021] The next generation of social media platforms on blockchain is celebrating their love on the blockchain, by holding their #NFTLove campaign. The LoveChain is inviting all artists and #NFTLove enthusiasts from around the world to create, design and share their very own #NFTLove designs. The #NFTLove campaign will launch on November 19th, 2021, 12:59 PM UTC, and end on December 10th, 2021. The Love Chain is the first...