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...
Read More »Coinbase Reports Record Revenue and Says It Will List Dogecoin in 6 Weeks
Coinbase has had a spectacular 2021. The company announced $1.80 billion of revenue, $585 million more than the fourth quarter of 2020, and $191 million more than its results from a year ago. Much of these numbers are driven by the growing interest in cryptocurrencies. 56 million users and 6.1 million monthly transactions put the company right on the money radar, primarily since Coinbase benefits from the fees generated by every trade made on its platform. The IPO was also...
Read More »Should Tesla Allow Doge Payments? Musk Asks Twitter for Help
Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – wants your opinion regarding Tesla accepting Dogecoin payments in the future. Elon Musk Wants to Know if Doge Payments Are the Right Thing The famed technician has taken to Twitter to ask his followers if Tesla should move forward in its crypto-themed journey and accept Doge for products and services. Apparently, the question is deemed important amongst his social media...
Read More »US Investment Bank Cowen to Offer Crypto Custody Services
American multinational investment bank Cowen Inc. will join some Wall Street organizations after announcing plans to hold digital assets for hedge funds and asset managers. The firm partnered up with Standard Custody & Trust Co. to provide ”institutional-grade” custody services for cryptocurrencies. The Demand Is Here The recent rally of most crypto assets has caught the attention of many investors and capital holders. Following the increased demand, the US investment...
Read More »Diem Relocates From Switzerland to the US to Launch an USD-Backed Stablecoin
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 –...
Read More »Could Bitcoin Be Heading Into Unstable “2017-ish” Territory?
Bitcoin appears rather stable as of late. The currency has had some relatively wonky up-and-down moments over the past few weeks, but for the most part, the currency has found some sturdy ground to stand on over the past two days and is trading for a little over $56,000. It is not the $64,000 it was at just a few weeks ago, but it is certainly not the $49,000 it briefly dropped to after that. Bitcoin Is Seeing Some of the Same Patterns Either way, one research group is...
Read More »Sean Culkin Cut from Chiefs; Won’t Get BTC Salary
Apparently, the NFL (National Football League) really does not care much for bitcoin. Either that or they just did not need Sean Culkin, the tight end of the Kansas City Chiefs. Culkin made headlines not too long ago when he announced that he was set to receive his entire annual salary as a football player in bitcoin, though now it looks like this dream is not going to become a reality. Sean Culkin Cut By the Chiefs At 27 years of age, Culkin signed a future contract...
Read More »?CryptWord? – The Innovation of Deflated Token and Never Panic Sell
? DUMP PREVENTION MECHANISM☑️ Dev-token will be locked for 15 day☑️ Prevent dumping on presale-token?No rugpull✅Audited by Solid: https://tinyurl.com/wvpzuxam ?TOKENOMICS Contract address: 0Xb5Cfc7B83C020109E466589Ae18941F12Ae22D44 Total Supply: 10.000.000Private Sale: 900.000Pre-sale: 6.405.000Liquidity: 1.222.773 Marketing, development: 1.472.227 TGE : 35% 35 %...
Read More »FXT Token Price Escalated by 1,500% in First Half of May: Positioned Itself as a Promising Project
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...
Read More »Weentar is Going to Incentivise Social Media Activity
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...
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