Blockchain

Ethereum – the world’s second-largest cryptocurrency by market cap and the number one competitor to bitcoin – has shot up like no other currency this week. The asset has lost much of the attention thanks to bitcoin once again rising beyond the $37,000 mark in the past few days, but it has still set a new precedent and has traders talking about what’s to become of the world’s primary altcoin.Ethereum Is Growing Like No Other CoinEthereum initially began in 2015, which makes it considerably...

Xfinite will run a fair and transparent ecosystem that will utilize Algorand’s Protocol Evolution system to power community consensus-based governance and decentralized finance initiatives.Xfinite, a new generation digital media platform has tapped the power of the Algorand blockchain to launch its first dApp dubbed the Mzaalo. The Xfinite platform is a blockchain-based ecosystem with the aim to create an engaging ecosystem based on trust, transparency, and inclusivity. Xfinite is built with...

Cryptocurrency platform OKEx announced another crypto-promoting project –the Bitcoin Lightning Network. It will focus on downsizing transaction fees and reducing time for their execution.OKEx is Aiming at Low Transaction Costs and PromptitudeOKEx, the leading cryptocurrency platform and derivatives exchange is to integrate the Bitcoin Lightning Network in the next quarter. The project represents a second-layer scaling solution based on the Bitcoin blockchain technology.According to an...

In an unfortunate turn of events for supporters of the DeFi Money Market Foundation, the DMM token plummeted in value as the team behind it revealed they cease all operations due to regulatory concerns.DMM Ceases OperationsThe DeFi Money Market used to be a loans platform and it received some serious attention within the cryptocurrency community. One of the reasons – it was a hot DeFi project backed by some serious names, including Draper Goren Holm – a partnership between Tim Draper, Alon...

San Francisco-based crypto payments platform Metal Pay has applied for a national bank charter with the U.S. national bank regulator, which would enable the company to offer seamless cryptocurrency-related services.Metal Pay Eyes Full National Bank LicenseIn a tweet thread published on Thursday (Feb. 4, 2021), Metal Pay’s First Blockchain Bank and Trust (FBB&T) revealed that it intends to become a full national crypto bank following its application with the Office of the Comptroller for...

Jack Dorsey, a long-term bitcoin enthusiast and unarguably one of the most influential proponents of the digital currency and its underlying technology, is now actively contributing to the bitcoin network. After introducing Bitcoin to Cashapp and announcing plans to release an open, decentralized standard for social media, the Twitter CEO is bringing his admiration for Bitcoin closer to home.Dorsey revealed he is setting up a bitcoin node in a tweet earlier today.Running #bitcoin...

Finanzexperte von Investing.com sieht Bitcoin schon bald bei 60'000 US-Dollar Ein Finanzexperte des Finanzportals Investing ist der Meinung, dass der Bitcoin möglicherweise bereits im ersten Halbjahr bis 60’000 US-Dollar steigen wird. Die These wird von Anlegern unterstützt. Der Analyst sieht diesen Aufschwung im kontinuierlichen Interesse von Investoren in Kombination mit „günstigem Geld“, welches in das globale Finanzsystem einfließt,...

ETH’s increasing price is not the only Ethereum-related featured that has been skyrocketing lately. The transaction costs paid on the network (gas fees), prompted by DeFi and stablecoins, have surged to new average highs of over $20.Gas Fees Through The RoofIt’s no secret within the community that arguably the most utilized blockchain, the Ethereum network, has struggled with scaling issues for a while.Until the long-anticipated ETH 2.0 arrives, numerous projects have offered Layer-2...

The real-world use cases supported by Ardor demonstrate that, nearly four years on from the initial enterprise blockchain hype, blockchain has indeed found the problems it can solve.As recently as a few years ago, enterprise blockchain was still often the headline news in the cryptocurrency press. However, it was frequently hype-based speculation based on a report that any given company was considering a pilot. Therefore, at that time, the reality couldn’t possibly match the hype, resulting...

The recent application will first go for public comments for a 30-day period and later will move towards OCC approval. Metal Pay expects a decision from the OCC within the next four months.Metal Pay, the US-based peer-to-peer crypto payments startup, has recently applied for a National Bank Charter in America. Dubbed as the “First Blockchain Bank and Trust, N.A.”, the trust company will be based out of South Dakota.The crypto startup submitted this application to the Office of the Comptroller...