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Opium and UMA Join Hands to Launch Crypto Decentralized Insurance for SpaceX Flights

Opium’s decentralized insurance contracts will work in accordance with UMA’s oracle solution that will offer derivative financial products for hedging the risks associated with SpaceX flights.Opium, the crypto derivatives protocol, has joined hands with decentralized finance (DeFi) platform UMA to offer decentralized insurance products for SpaceX flights. Opium also made this official announcement on Monday, May 24.The announcement notes that Opium’s decentralized insurance contracts will...

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Vitalik Buterin Responds to Elon Musk on Why His Intention to Scale Crypto 10x Is Flawed

Ethereum (ETH) Co-founder Vitalik Buterin had some words for Elon Musk after posting on Twitter that Dogecoin could increase its block size by 900%. Vitalik had several counterarguments for Musk’s claims in a paper published on his personal blog. He emphasised that scalability and higher throughput can be achieved by simply increasing the network’s parameters. However, this could compromise the system to extreme centralisation and completely flip a blockchain’s original...

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RemiBit: Industry-Leading Gateway to Accept Crypto Payments

Setting up RemiBit is easy, and merchants can fully register their businesses and get their accounts up and running within ten minutes.Remibit is a blockchain payment gateway solution that enables businesses to invoice, send, store and accept crypto payments globally. The crypto payment solution has emerged as a popular option for merchants in recent weeks due to its easy setup procedure and non-custodial philosophy.Merchants can accept payments in some of the most popular cryptocurrencies...

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TRON and BSCPad Partner to Create TRON’s First IDO Launchpad

Justin Sun’s TRON has partnered with BSCPad to develop and release the first IDO launchpad build on its blockchain. Dubbed TRONPAD, it will take place exclusively on BSCPad and aims to mimic the latter’s recent success. TRONPAD Coming From TRON and BSCPad Advertised as the “fastest-growing launchpad in the DeFi space,” BSCPad saw the light of day recently but has already become a leader in terms of transactions and customers. It’s one of the major forces behind the explosive...

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Baldi.io Launches HECO-based Decentralized Synthetic Asset Protocol

[PRESS RELEASE – Please Read Disclaimer] Baldi Network, the world’s first decentralized synthetic asset issuance and transaction protocol on Huobi’s HECO chain, today has announced its release. Developed by the world’s leading blockchain developers, cryptographers, research scientists, and experts from finance backgrounds, Baldi enables the minting of synthetic assets that “mirror” the price behavior of real-world assets by reflecting the exchange prices on-chain—providing a...

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Help Cryptocurrency Exchange Phemex Find Laszlo Hanyecz

This Bitcoin Pizza Day, Phemex is offering the developer a lucrative opportunity to deposit 10,000 BTC on the Earn Crypto platform, as a token of appreciation for his efforts in the mining space.Bitcoin is just a small but groundbreaking glimpse into the big disruption that would ripple through the world of finance for many years to come. Over the last decade, Bitcoin and by extension, the cryptocurrency industry, has sent the world of legacy banking systems into somewhat of a tailspin. It...

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11 Years Since The First Bitcoin Purchase: 2 Pizzas Now Worth $365 Million

Today is the international Bitcoin Pizza Day! This is a day that many in the crypto community celebrate the 11th anniversary of the first Bitcoin commercial transaction for two pizzas, which cost 10,000 BTC. On May 22, 2010, Laszlo Hanyecz traded 10,000 BTC for two Papa John’s pizzas in Florida. Years later, they would become the world’s most expensive pizza slices with a price of $365,000,000.00 at press time. Interestingly enough, they were worth over $600 million when...

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Dfinity’s ICP Price Dips Over 11% Today, Analysts Predicts Upside Rally for Internet Computer

After establishing itself as a futuristic internet infrastructure, Dfinity’s ICP project has attracted a huge global community.After closing yesterday trading at $222.14, representing a change of over 34% during the day, Dfinity’s ICP price was down over 11% at the time of reporting and trading around $170 according to Binance-backed Coinmarketcap.ICP has been dubbed the next big innovation after Bitcoin and Ethereum in the entire blockchain industry. This is ostensible because the project is...

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Poloniex LaunchBase Relaunches With APENFT’s Native Token NFT

[PRESS RELEASE – SAN FRANCISCO, CA, 21st May 2021] Poloniex LaunchBase, the exclusive token launch platform of Poloniex which helps transformative blockchain startups raise funding to develop their products and drive user adoption, has announced the relaunch of their platform. $NFT, the native token of the innovative new project APENFT, has been selected to be the first project listed for the upcoming relaunch on May 21st. JUST (JST) was the flagship launch on the Poloniex...

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Figure Technologies Raises $200 Million via Series D Funding, Company Valuation at $3.2 Billion

Michael Cagney, Figure Technologies founder, admitted that he had held an initial discussion on the national charter, however, he noted that the review process was still underway.Through a round of Series D funding, Figure Technologies, a blockchain mortgage firm, has managed to raise $200 million. The company’s worth is believed to be $3.2 Billion. This investment deal mainly involved two key players, Morgan Creek Capital Mgt. and 10T Holdings. This funding deal incorporates contributions...

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