Crypto news

[PRESS RELEASE – Los Angeles, California, 1st April, 2021] Ethernity Chain, the creator of unique NFTs designed by popular artists and authenticated by icons like basketball Hall of Famer Shaquille O’Neal, skateboarding legend Tony Hawk, baseball superstar Fernando Tatis Jr. and licensors like Authentic Brands Group, has partnered with Kenetic, a world-class blockchain firm committed to expanding the development and adoption of blockchain platforms through investments,...

The Bitcoin network continues to become more and more robust. This is confirmed by the expanding computing power put in the blockchain from miners, which has resulted in new all-time highs for the mining difficulty and the hash rate. New ATH for BTC Hash Rate Hash rate is a measuring unit of the processing power on Bitcoin’s blockchain. Essentially, it suggests that when there’re more miners who put their computational devices to work on the network, the metric goes higher,...

[PRESS RELEASE – Please Read Disclaimer] The GreenBond Meter initiative arises from the strategic alliance of three companies, Heimdall Technologies OÜ (Estonia), Nideport S.A. (Uruguay) and already has an interdisciplinary team made up of more than 50 people from different countries, experts in technology and finance and other specialities. This joint venture extends to the financial market, an unprecedented disruptive solution for all those who want to invest in...

Bitcoin cash price started a fresh increase from the $500 support zone against the US Dollar. The price is now trading well above the $520 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is showing a lot of positive signs and it is likely to accelerate higher towards $600. Bitcoin cash price is gaining pace above $525...

Blockchain analysis firm Chainalysis has closed a new funding round that garnered the company an additional $100 million from various investors. The enterprise is now valued at a whopping $2 billion, which is double what the company was valued at just a few months ago. Chainalysis Closes Its $100 Million Funding Round The funding round was headed by Paradigm, a crypto-centered venture capital firm. Money also came from the likes of Salesforce CEO Mark Benioff, who saw...

Meet Orakuru, the first IDO project on KickPad. Orakuru is an oracle running on BSC that is going to have the highest number of BSC-based feeds. Each node will earn APY for validating. Background Cryptocurrency attracts people primarily because of its peer-to-peer nature. Users can carry out transactions with assets in different markets independently. DeFi projects already have $42 billion locked-up, which is proof of their advantage. DeFi tokens are farmable and allow...

Aave, the third-largest non-custodial lending protocol, is taking a multi-market approach and exploring scalability solutions in a project called “New Frontiers.” Aave is now exploring Polygon (formerly known as Matic), an Ethereum layer 2 protocol that enhances scalability using an adapted version of the Plasma framework. The Polygon sidechain system will be the first to integrate Aave as part of this plan to bring scalability and low-cost transactions. DeFi Should Be for...

Everyone has been making a huge deal out of bitcoin these past several months. The world’s number one digital currency by market cap has surged in price, reaching a new all-time high just a few weeks ago of $61,000 per unit. However, according to Daniel Gouldman – CEO and co-founder of blockchain firm Ternio – people have the wrong idea, and by focusing too much on bitcoin, they are focusing on just one aspect of what is arguably a much larger arena. Gouldman: Blockchain...

Tether Holdings Limited, the company behind Tether (USDT), has published a testimony yesterday from an insurance company that claims the stablecoin is “fully backed” but without disclosing what kind of assets are backing up the currency. Moore Cayman, an insurance company located in the Cayman Islands, testified for Tether, stating that the stablecoin is fully backed with undisclosed reserves. The document examines several aspects of Tether, indicating that its consolidated...

With the current craze surrounding everything NFT-related, CryptoPotato is happy to announce its plans to mint an NFT on the Cardano blockchain when these capabilities are enabled. The NFT Craze It’s safe to say that non-fungible tokens are this year’s hot topic. From CryptoKitties, CryptoPunks, and Hasmasks, to celebrity music and the NBA highlight reel, creators are digitizing everything, turning it into scarce, unique, and indivisible tokens that are oftentimes auctioned...