Crypto EcoBlog
The chain-agnostic Layer-2 infrastructure, Cartesi, has partnered with the IOTA Foundation to expand the use cases of DeFi, gaming, and NFTs. Additionally, both parties aim to serve as the bridge between traditional technological solutions and blockchain.Cartesi Collaborates with IOTAHeadquartered in Germany, the IOTA Foundation is a global not-for-profit establishment focusing on research and development of new blockchain solutions. The popular project has recently partnered with Cartesi –...
Read More »BitClout Receives a Cease-and-Desist Order Over Unauthorized Profile Usage
After growing speculation that it’s a scam within the crypto community, the recently acquired popularity project BitClout has garnered more controversy on itself. The Chief Research Officer of decentralized exchange Radar Relay, Brandon Curtis, has sent a cease-and-desist letter against the alleged founder for unlawfully using his name to profit.BitClout Caught in Wrongdoing?As reported by CryptoPotato recently, BitClout is a decentralized protocol that enables users to speculate on people...
Read More »Brian Armstrong’s Coinbase Shares Could be Worth $14 Billion After the IPO
With Coinbase’s impending direct listing reportedly coming next month, reports emerge frequently indicating the impact of a crypto company going public for the industry and for the exchange itself. According to the latest estimations, Coinbase CEO Brian Armstrong could become the latest tech decabillionaire with his current stake of roughly 40 million shares.Armstrong to Become Decabillionaire?CryptoPotato has reported Coinbase’s plans to go public in the past, with the latest indicating that...
Read More »FTX Bags $135M Naming-Rights Deal for Miami Heat Arena
Cryptocurrency derivatives exchange FTX is set to win a $135 million naming-rights deal for the sports arena belonging to the Miami-based American professional basketball team – Miami Heat.According to a recent report, the deal, which is organized by the Miami-Dade County Commission as it controls the naming-rights to the arena, will be finalized on Friday, March 26th.Combating Gun Violence And Poverty Miami-Dade County will officially approve the agreement on Friday, changing the arena’s...
Read More »Latin America’s First Approved Bitcoin ETF to raise $90 Million to Buy BTC
Following the recent approval of QR Capital’s Bitcoin exchange-traded fund (ETF), the Brazillian company is looking to raise $90 million to buy the bitcoin needed before trading commences.Working Towards Acquiring BitcoinQR Capital made history after Brazil’s Securities and Exchange Commission (CVM) approved its application for a Bitcoin ETF, becoming the first of such in Latin America. As reported by CryptoPotato, the 100% Bitcoin ETF would trade on the Sao Paulo stock exchange, B3, under...
Read More »India Should Not Ban Crypto as It’s an Asset Class, Said Tech Billionaire Nandan Nilekani
The Indian people need and should have access to cryptocurrency assets, said the co-founder of Infosys – Nandan Nilekani. The billionaire, who is also an advisor to government agencies and the country’s central bank, recently spoke against the country’s intentions to impose a crypto ban.Crypto is an Asset ClassThe world’s second-most populated country, India, has dabbled with the idea of banning cryptocurrency activities for years. Even after the country’s Supreme Court lifted a decision made...
Read More »Bridging CeFi and DeFi: Liquidity-as-a-Service Coming to Orbs Blockchain
Attempting to improve access to DeFi interest-bearing accounts, including for individuals, businesses, professional investors, and corporations, Orbs is introducing Liquidity Nexus to act as a bridge between centralized and decentralized finance. This Liquidity-as-a-Service solution looks to make DeFi applications more available and less risky.Liquidity Nexus will provide an intuitive platform that’s simple to operate as any traditional website. The DeFi ecosystem shows massive potential and...
Read More »Cardano is Overwhelmingly Subscribed Despite Having no Smart Contracts Yet: Charles Hoskinson
The founder of Cardano, Charles Hoskinson, has stated that his company has seen “overwhelming demand” despite only being in the second stage of its Goguen upgrade.Currently, Cardano does not have programmability at the base layer, with no smart contracts for the moment, but this didn’t stop companies from subscribing to it, according to Hoskinson. Several applications, such as BeefChain, are already using Cardano’s metadata features.Over 100 Companies Migrating to Cardano“At the moment our...
Read More »Two Signs We’re Not at the Top of the Bitcoin Cycle: Analysis
Despite reaching a new yearly-high recently, the Bitcoin velocity metric is still far from the previous bull runs. It means that investors are mainly regarding BTC as a store of value instead of a medium of exchange and hinted that the ongoing bullish cycle is far from its top.Store of Value Status Says BTC’s VelocityAccording to the analytics company CryptoQuant, Bitcoin’s velocity is a “measurement of the rate at which BTC is circulating in the economy.” In other words, it shows if the...
Read More »Balancer to Introduce Dynamic-Fee Pools After a Partnership with Gauntlet
The multi-token protocol enabling automatic market-making Balancer has partnered with the blockchain-based simulation platform for building financial models, Gauntlet. The collaboration aims to enhance returns for Balancer V2 Liquidity Providers while still keeping the funds fully non-custodial.Balancer Partners with Gauntlet to Maximize ReturnsIn a press release shared with CryptoPotato, Balancer announced its latest partnership with Gauntlet, aiming to maximize returns for Liquidity...
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