Blockchain

The BEP20 DVI token is not a substitute for the current ERC20 DVI token. Both tokens will exist together thus, controlling the interoperable connection to move one token from one end to another. Dvision finally opens up a connection between Ethereum Mainnet and Binance Smart Chain to improve interoperability with expanded blockchain space. This connection is structured with the help of Curvegrid.Hereafter, with multichain functionality DVI ERC20 token will be enabled in the form of a BEP20...

The NFT piece is a photo of Emily and it is dubbed “Buying Myself Back: A Model for Redistribution”.As many would agree, the Non-Fungible Token (NFT) represents a new dimension in the capability of blockchain technology and crypto. In advancing the push for these NFTs to get into the mainstream, American model, Emily Ratajkowski is selling an NFT of herself at popular British auction house Christie’s.NFT is up tomorrow @ChristiesInc pic.twitter.com/AW3ilvF6Ec — Emily Ratajkowski (@emrata)...

The Polkadot network is on the verge of making some major updates. Yesterday, Parachain auctions and crowdloans were added to Kusama and Westend. Polkadot’s Role in the Blockchain Ecosystem While other blockchains like Ethereum and Solana are marching ahead, Polkadot has promised to provide serious improvements to existing solutions’ scalability and connectivity. Notably, Polkadot offers cross-blockchain transfers, scalable node structures, and the ability to upgrade the...

The Diem Association announced a strategic partnership with the crypto-friendly US bank – Silvergate Bank. Consequently, both parties plan to launch a stablecoin pegged to the American dollar. Additionally, the Association will relocate from Switzerland to the United States. A New Home for Diem The blockchain-based payment system Diem, launched by the social media behemoth Facebook, announced a new model of its impending stablecoin. The project – formerly known as Libra –...

Huobi Group, the holding company of the leading cryptocurrency exchange, Huobi Global, has recently launched a new subsidiary geared towards decentralized finance (DeFi) projects, non-fungible tokens (NFTs), and mergers and acquisitions. Huobi Devotes $100M to DeFi In a Thursday press release shared with CryptoPotato, the company noted that it has already deployed $100 million to this new venture investment arm dubbed “Huobi Ventures.” The ultimate goal of this new subsidiary...

May 13, 2021: FXT, a blockchain-based trading technology platform that successfully completed the ICO of its FXT token for global investors, recorded a whopping 1,500% increase in its token price in the first half of May. FXT tokens are Ethereum-based tokens created to serve as a digital currency for different payments and trading. Powered by disruptive blockchain technology, FXT tokens can potentially drive more transparent, secure, expedited, and cost-efficient...

deFIRE is a decentralized smart order routing engine being built for the Cardano ecosystem incubated and supported by Occam and powered by the industry leader in cross-chain liquidity provision, Changelly.  It offers execution services across decentralized exchanges (DEX) such as token swaps, order routing services across DEXs, and providing intermediary services between order flow originators and ultimate execution venues.  deFIRE’s goal has managed to draw the attention of...

If you thought that blockchain technology couldn’t get any further, you would be surprised. Weentar is now developing a decentralized social media project that will make the most out of blockchain technology. Not just that, but it will make creators a pillar of the worldwide economy. Did we catch your attention? Then read further and find out what they plan for influencers and artists around the world. What is Weentar about? Weentar is an in-development blockchain...

Despite the sudden price correction, bitcoin’s fundamentals continue to reach new highs. The asset’s hash rate has recovered its recent declines and marked a new ATH. Accordingly, the network’s mining difficulty saw its most significant increase in nearly seven years to a new record level as well. Hash Rate and Mining Difficulty to New Records Bitcoin’s hash rate is the measuring unit of the processing power on the asset’s blockchain. The general rule of thumb suggests that...

Aurora aims at providing a seamless experience for developers and users by offering solutions to the transaction fee issues on Ethereum.On Wednesday, May 12, Aurora, the Ethereum Layer-2 protocol was launched on the scalable blockchain developers platform NEAR protocol. Aurora aims at offering developers and users an Ethereum-like experience.It does this by combining two technological prices while offering a seamless user experience. Aurora combines a full-featured Ethereum Virtual Machine...