Crypto news

[PRESS RELEASE – London, United Kingdom, 9th September 2021] Verasity, a leading company in blockchain-powered ad-tech, received a notice of allowance for the second patent of its blockchain Proof of View (PoV) system and method from the United States Patent and Trademark Office. Once the protocol and product layer platform for esports and video entertainment pays the issuing fee, the patent will automatically be granted to the company within a few weeks. The patent can be...

El Salvador made history earlier this week when it became the first country to officially accept Bitcoin as a legal tender. While the community rejoiced about the significance of the news, Fidelity’s Director of Global Macro – Jurrien Timmer – said the move had been overplayed. BTC Adoption in El Salvador is Overplayed Three months after the surprising announcement that the country will adopt Bitcoin, El Salvador officially went into the history books on September 7th as it...

zkTube Labs (or “zkTube”) has a Layer 2 protocol that has adopted ZK-Rollups to potentially solve major Ethereum blockchain scaling solutions. It was launched in 2020 and has made rapid progress by achieving several key milestones. Low gas price, high transaction throughput, secure and swift cross-border payments through its PayTube wallet, eco-friendly mining, support for NFTs and GameFi industries, robust community and more, are some of the significant achievements of...

TNC Group, known for their crypto M&A initiatives, and its subsidiary TNC Coin recently announced that the team will burn 80 percent of the coin’s total supply. This means that 800 billion TNC Coins will permanently be removed from the market. The team urged people to stay tuned as they will announce the details such as the burn date very soon. In an official announcement, TNC Coin CEO Jason Jang noted challenges that the team faced amid the pandemic. These include...

Blockstream, the blockchain-focused company spearheaded by Adam Back, will develop and manage zero-emission Bitcoin mining facilities with the first to be built in North America. The firm’s initiative will come to life through a partnership with an Australian multinational independent investment bank – Macquarie Group. The Canada-based blockchain company continues with its effort to minimize the environmental damage caused by Bitcoin mining. The latest initiative comes...

EOS price started a fresh decline from well above the $5.50 zone against the US Dollar. The price is now trading below $5.00 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $5.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue lower unless it clears the $5.00 and $5.10 resistance levels. EOS price is gaining pace below $5.00 against the US Dollar, similar...

Litecoin price started a fresh decline from well above $200 against the US Dollar. LTC price is now trading below $200 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must move above the $188 resistance to start a decent recovery wave in the near term. Litecoin price is down over 15% from the $232 zone against the US Dollar,...

The non-profit IOTA Foundation is among the seven projects chosen by the European Commission to partake in the first design phase of the European blockchain initiative. A Milestone for IOTA IOTA made the announcement in a blog post published on Tuesday (September 7, 2021). According to the blockchain project, IOTA would be involved in the initial stage of the pre-commercial procurement (PCP) process for the European Blockchain Services Infrastructure (EBSI). The EBSI is a...

Nick Johnson, the lead developer of the Ethereum Name Server (ENS), recently unveiled a bug on the NFT marketplace OpenSea, which caused him and other traders to lose about $100 000 in NFTs to burn addresses. The bug has been patched since, but the damage is irreversible. What Happened? Johnson explained the bug in a Twitter thread yesterday, where he announced that he’d “accidentally burned the first ENS name ever registered.” It began with him attempting to transfer the...

The third-largest bitcoin wallet has been busy buying the dip. During the current market downturn, the whale entity added almost 500 BTC to its stash. The mysterious third-largest Bitcoin whale bought 490 BTC when it was exchanging hands at around $46,800 in a transaction with a face value of $23 million. WhaleAlert reported that it took place on September 8 at 00:05 GMT, and the coins were moved from the US-based crypto exchange Coinbase. As of press time, that whale still...