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Acala, Anchor Join Forces to Unite Terra and Polkadot DeFi Ecosystems

Acala, the Ethereum-compatible DeFi protocol has announced teaming up with Anchor to boost the decentralized stablecoin space of Terra and Polkadot ecosystems. Following Wormhole integration plans, the two parties are all set to bring increased liquidity and yield opportunities for aUSD and UST by serving as gateways into the decentralized finance ecosystems of Polkadot and Terra. Acana-Anchor Network Collaboration Initially, Acala and its Kusama-based parachain – Karura will...

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Sri Lanka zahlungsunfähig?

Mirissa Beach in Sri Lanka, als der Tourismus noch florierte. Foto CC0 Public Domain, Unsplash Wie es aussieht, kann Sri Lanka ausländische Kredite vorerst nicht zurückzahlen. Erste Fristen wurden verpasst. Haben die strengen COVID-Massnahmen die Tourismus-Destination in die Knie gezwungen? Landesweite Proteste Aufgrund landesweiter Protesten hat Sri Lanka angekündigt, dass die Rückzahlung der hohen ausländischen Kreditschulden zunächst gestoppt...

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Energeek: Die Lösung für Energiepreise, Inflation und die drohende Energiemangellage machen?

Strompreisentwicklung Jahreskontrakte CH seit April 2021 am Terminmarkt avg. rund >+250 % seit September 2021 – Quelle: elcom admin Im Verlauf des letzten Jahres sind die Strompreise drastisch angestiegen und erreichten Ende 2021 ein rekord-hohes Niveau. Die eidgenössische Elektrizitätskommission ElCom sprach Ende Februar von einem «historischen einmaligen Preisanstieg». «Die Unsicherheit ist riesig, das drückt die Preise in die Höhe» gemäss...

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Crypto Adoption in Nigeria is Fueled by Limited Access to Financial Services (Study)

According to research conducted by KuCoin, the growing number of Nigerians investing in crypto is propelled by the lack of proper fiat-based opportunities. The study revealed that over 30 million of Nigeria’s population had traded digital assets in the past six months. The Reasons Behind the Adoption KuCoin’s latest “Into the Cryptoverse Report” found out that 33.4 million Nigerians, or 35% of those aged 18 to 60, have owned or traded cryptocurrencies in the last six months....

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Tether Announces Launch of USDT on Kusama

Tether Operations Limited, the operator of Tether.io, has announced the launch of USDT on Polkadot’s canary network – Kusama. The company said the move will enable developers to compose trustless applications across chains, communities, and networks. Tether on Kusama According to the press release shared with CryptoPotato, USDT will be deemed with the asset ID 1984 and utilized to power transactions on Kusama’s first parachain – Statemine at launch. The parachain enables the...

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Jump.trade to Launch P2E Cricket Game NFT Drop on April 22, 2022

Press Release: Meta Cricket League is a new NFT driven Play-To-Earn game that allows players to earn cash prizes and other crypto rewards by challenging other players. April 13, 2022, Singapore — Jump.trade, the international gaming NFT marketplace (introduced by GuardianLink) has announced its exclusive cricket game NFTs and digital cricket collectibles which will be featured as a part of its NFT cricket game ‘Meta Cricket League (MCL)’. Super Loot Cricket NFT Drop The...

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Solana (SOL) Price Analysis: Bulls Struggle Near $100

Solana price started a fresh decline from the $120 resistance against the US Dollar. The price is now trading below $110.00 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle forming with support near $124 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $108 to start a decent recovery wave in the near term. Solano price is struggling to stay above $100 against the US Dollar, similar to...

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Bitcoin Price Analysis: BTC Consolidates Losses Above $40k

Bitcoin price started a major decline from the $45,000 zone against the US Dollar. The price is now trading below $42,000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $40,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could decline heavily if there is a clear move below $40,000 and $39,500. Bitcoin price is struggling below the $41,000 resistance against the US Dollar. BTC...

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Ethereum Developer Virgil Griffith Sentenced to 5+ Years For Speaking About Ethereum in North Korea

On April 12, 2022; Virgil Griffith, a former developer at the Ethereum Foundation, was sentenced to more than 5 years in prison on the charge of conspiracy, after traveling to Pyongyang in 2019, in violation of the international sanctions framed under The International Emergency Economic Powers Act imposed by the government of the United States on the government of North Korea. Griffith pleaded guilty to one single conspiracy charge for delivering a lecture on...

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Silver Lake Leads the $150 Million Funding Round for NFT Firm Genesis

The private equity firm’s latest move demonstrates that traditional investment firms have started buying Web.3.0 projects as part of their investment thesis. A growing interest in a decentralized internet built on blockchain networks continues to incentivize big money to bet on small and medium-sized crypto firms. Silver Lake, the tech investment firm managing over $90 Billion in assets, announced leading the $150 Million investment round for Genesis, an NFT avatar company....

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