Internet Computer anticipates providing solutions to the scaling challenges experienced by Ethereum while maintaining decentralization and security.Dfinity’s Internet Computer announces integration with the Ethereum ecosystem. According to Dominic Williams, founder of Dfinity Foundation in a tweet, the Internet Computer and Ethereum will be integrated to utilize novel Chain Key cryptography and the integrated smart contracts.Internet Computer was publicly launched last month to become a...
Read More »How Chainflip Solves Frictionless Cross Chain Swapping
Chainflip is a decentralized protocol under development that supports the native cross-chain exchange of cryptocurrencies without a trusted intermediary. Through Chainflip, users get the same permissionless experience as Uniswap, but without the limitation of being stuck on the Ethereum blockchain or limited to ERC20 tokens. Users can swap their tokens directly without putting their trust in wrapped tokens or suffering from the myriad of user experience issues and...
Read More »Mark Cuban Ironically Denies Referring to Cardano in DAO Assessment
While explaining the potential impact of decentralized autonomous organizations on legacy businesses, billionaire investor Mark Cuban, who recently joined the cryptocurrency space, ironically denied referring to Cardano’s blockchain. No, Not Cardano, Says Cuban Mark Cuban used to be among the many critiques of the cryptocurrency industry in the past. However, as it happened with quite a few of them, he changed his mind recently and has become a vocal proponent of blockchain...
Read More »Ethereum Price Analysis: ETH Eyes This Level Before Attempting Another Shot at $3K
ETH/USD – Ether Breaks Above Short Term Triangle Key Support Levels: $2600, $2470, $2333.Key Resistance Levels: $2740, $2890, $3000. ETH surged 4% over the past 24 hours to break above a short-term symmetrical triangle. The coin had hit the support at the lower boundary of this triangle over the weekend after briefly spiking beneath $2200. Since then, ETH pushed back above the 100-day MA and broke the triangle’s upper boundary yesterday as it broke above $2600. Today, ETH...
Read More »Ethereum Price Analysis: ETH is Showing Signs of Fresh Increase To $3K
Ethereum price formed a base above $2,200 and it is slowly rising against the US Dollar. ETH price is now trading above $2,500 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $2,550 on the 4-hours chart (data feed from Coinbase). The pair is likely to rise steadily towards the $3,000 resistance zone in the near term. Ethereum price is slowly moving higher above $2,500 against the US Dollar. ETH/USD...
Read More »Mark Cuban On What Attracts Him to Blockchain Tech
Mark Cuban is a billionaire with a lot of ideas in his head. While he has, for the most part, had a very up-and-down relationship with bitcoin and its altcoin cousins, he recently admitted to being invested in the world’s largest digital currency by market cap. He also claimed to be a fan of ETH given its capabilities with smart contracts. Mark Cuban: I Look at “Blockchains as Networks” In a recent interview, Cuban discussed what it was that brought him onto the...
Read More »0x Protocol Launch on Polygon Will Help It Scale Its Ethereum-based DEX Services
The 0x API will facilitate the DEX liquidity aggregation on the Polygon network while allowing users to access the full spectrum of on-chain liquidity across the Polygon network. Ethereum-based open-source protocol 0x has recently landed on the Polygon blockchain network. With this, 0x joins some of the top DeFi projects like Aave, Augur, Sushi, Curve, Paraswap, 1inch to launch on Polygon.The goal of this development for 0x has been to scale its Ethereum-based DEX services in the market. For...
Read More »Coincheck to Conduct First Japanese Initial Exchange Offering (IEO) This Summer
With this announcement, Coincheck has firmly planted its foot on the course to becoming the first-ever crypto exchange to conduct an IEO in Japan. Coincheck, a starring subsidiary of the Monex Group, and a leading crypto exchange platform in the nation of Japan on Monday, 31st May 2021, announced its plan to conduct an initial exchange offering (IEO) of HashPalette Inc (HPT). According to the press release by the group, plans have been concluded so the IEO can proceed by summer.HPT is a...
Read More »Cardano’s Charles Hoskinson: Central Banks Will Vanish and Crypto Will Replace Them
Charles Hoskinson – the creator of Cardano – opined that central banks would fade away as they are slow and corrupt. Furthermore, he claimed that crypto is the cure to the current financial system. Crypto Is The Antidote In a recent video, Hoskinson shared his thoughts on the financial ecosystem and the significant role of cryptocurrencies. He opined that central banks are no longer the efficient institutions they used to be, describing them as slow and corrupt. Hoskinson...
Read More »Birmingham: Polizei sucht Hanfplantage und findet Bitcoin Mining Farm
England: Polizei sucht Cannabis-Plantage und findet Bitcoin Miner Erstens kommt es anders, zweitens als man denkt: Angefangen hat alles mit einem Tipp. Die Polizei wurde darauf hingewiesen, dass in einem Industriegebäude immer wieder Leute ein und ausgehen und dies zu unterschiedlichen Tageszeiten. Hoher Stromverbrauch, Lüftungsanlagen und Wärme: illegale Hanfplantage?...
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