The Altair upgrade will seek to return the original strictness into the new Ethereum protocol.One of the most interesting things about the Ethereum blockchain is the ongoing plans to migrate from the current Proof-of-Work (PoW) network to a more scalable Proof of Stake (PoS) model. The proposed plan has been in the works for a long since it dawns on the Ethereum developers that the current model cannot sustain the growth of smart contracts and DApps built on the network in the long term.The...
Read More »Apollo Space Token Launches NFT like Star Naming Registry on BSC, Becomes an Instant hit Within a Week of Launch
The NFT mania this bull season is not just limited to crypto enthusiasts and has gained mainstream momentum with the likes of top athletes and celebrity artists auctioning their rare memorabilia and art using blockchain. NFTs have turned into the biggest success story to emerge out of crypto space this bull season and Apollo Space Token (AST) is bringing a unique iteration of the same in the form of decentralized star naming registry. The emerging crypto project aims to...
Read More »Colonial Pipeline Hackers Received $90M Worth of BTC in Ransom Payments
Elliptic (a British blockchain security & analytics company) successfully traced DarkSide’s primary Bitcoin address, which contained over $90M in payments from 47 different victims. Ransomware As a Service – a Twisted Model DarkSide designs, creates and markets ransomware software to be sold to other cybercriminals who are able to locate the best targets. This type of software has the ability to lock down an entire system, making files and features on it inaccessible...
Read More »Catena-X Welcomes New Members: Bosch, Ocean Protocol, Fetch.ai
The Catena-X ecosystem thrives based on the unique contributions of its old and new members.Catena-X, an ecosystem coalition of innovative automotive industry stakeholders has welcomed three new members to advance its new frontiers of data sharing in the industry. According to the issued announcement, the new members include Fetch.ai, Bosch, and BigchainDB, representing the Ocean Protocol. Each of these new stakeholders will contribute their unique experiences to help promote the values of...
Read More »Sportbet.one: a New Dawn in Decentralized Betting
[PRESS RELEASE – Please Read Disclaimer] Sportbet.one is a decentralized gambling platform built on the EOS blockchain. It offers a wide range of sporting events and casino games, allowing players to make bets and earn money hassle-free. With sportbet.one, players can easily withdraw earnings to any crypto exchange or wallet. Transparency, reliability, and simplicity are the key qualities that make this decentralized platform popular with gamblers. With the following three...
Read More »ICP Price Up 40%, Dfinity Announces Launch of Blockchain-based Social Network Distrikt App on Internet Computer Ecosystem
The Distrikt application will be joining a set of other decentralized applications on the Internet Computer network.Dfinity Foundation, the firm behind the revolutionary technology Internet Computer network, has announced the launch of a blockchain-based social network dubbed Distrikt app. According to the firm, the Distrikt app will enable open governance for the ecosystem and also community ownership.Dominic Williams, Founder and Chief Scientist of the Dfinity Foundation noted that the...
Read More »Low Orbit Crypto Cannon: New Type of Deflationary DeFi Protocol
The Low Orbit Crypto Cannon DeFi protocol is a relatively new project whose core ecosystem functionalities are yet to be completely unraveled.The Low Orbit Crypto Cannon protocol is introducing a new type of deflationary decentralized finance (DeFi) protocol with community-driven products. Essentially, the Low Orbit Crypto Cannon (LOCC) is a crypto deflationary token that was launched with open access and fair pre-sale.The LOCC ecosystem is built atop the Ethereum blockchain and is powered by...
Read More »Bitcoin Is Falling, and It’s Taking Coinbase With It
Bitcoin is king of the crypto space. There is no denying that. Therefore, whichever way it goes – either up or down – other assets and blockchain-based entities are likely to follow. If bitcoin is in the green, others tend to do quite well, but if it is in the red, things are dropping like flies. Coinbase knows this all too well. Coinbase Ain’t Doing So Hot As one of the largest and most popular cryptocurrency exchanges in the western hemisphere, Coinbase made the...
Read More »5 Unique and Innovative DeFi Projects to Watch During Dip
DeFi continues to gain momentum as more in and outside the crypto world understand its immense potential. Take a look at some of the most promising DeFi projects.While Elon Musk and Dogecoin have seemed to dominate crypto headlines lately, for some, decentralized finance continues to prove popular and becomes an even more attractive opportunity to invest as the market is bleeding.DApp Radar revealed in mid-May how Polygon, a top platform for scaling and development on Ethereum, grew by 75,000...
Read More »NBE and LuLu Exchange Inks Partnership to Utilize Ripple’s Cross-Border Payment Network RippleNet
The NBE and LuLu Exchange partnership with Ripple comes as one of the latest pieces of evidence that the company’s business is healthy and growing.Blockchain payments firm Ripple Labs Inc unveiled on Tuesday that the National Bank of Egypt (NBE) and LuLu International Exchange, a financial services operator based in the United Arab Emirates has inked a strategic partnership to facilitate interstate remittances using the company’s global payment infrastructure RippleNet.Cash remittances are...
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