Chainlink is a project offering decentralized oracles to blockchains. Oracles are data entry points for blockchains, that must ensure that this data is reliable and accurate. Chainlink wants to achieve this with its incentive system. What...
Binance Coin is the native coin of the world’s leading cryptocurrency exchange Binance. The coin is native on the Binance Chain, a centralized blockchain. The coin is also supported on the Binance Smart Chain, a new blockchain by Binance that enables smart contracts. The Binance Coin offers multiple advantages to its holders such as lower exchange fees, higher cashback on the Binance VISA...
Overview Total spot trading volume at $202.8 million and total futures notional at $120.0 million. Filecoin, on its second day on the exchange, was the ninth most traded coin of the day with $3.8 million in trades. Also doing well were Uniswap ($0.6 million) and Yearn ($0.3 million). Although File coin had large trading volume, it had -29% returns on the day; Uniswap...
Bitcoin Cash is the first hard fork of Bitcoin. The reason for the split was a long standing debate within the Bitcoin community. While one part of the community supported the Lightning Network, a Layer 2 solution, another part saw the solution in increasing the block size limit. With no end in sight to the disagreement, the network was split. The most famous...
Polkadot is a relatively new blckchain project, driven among others by Ethereum co-developer Gavin Wood. Polkadot is made up of multiple blockchains, called Parachains. It focuses on inter-blockchain communication (IBC), meaning the exchange of information between its different parachains. What...
Coinbase Custody has announced the addition of the Filecoin token (FIL) to its list of digital assets available for users. Coinbase Custody, the custodial service entity of Coinbase, disclosed the addition of Filecoin (FIL) via an official blog post. The company noted it is enabling support for the new...
Tether is a company that releases stablecoins backed by the US Dollar, Gold, and the Euro. Tether is mostly known for its USDT stablecoin, which is by far the most liquid and well established stablecoin. According to Tether, the USDT is backed by a basket of assets, made up pre-dominantly of US Dollars. The company is often involved in controversies, mostly involving the...
XRP is the coin powering the Ripple network. It’s a distributed ledger specially built for fast and cheap transactions. It is often criticized as being centralized, since the company Ripple Labs owns a major part of the tokens, and works on the development and adoption of the protocol. Ripple sees itself as a supporter of banks and financial institutions, in stark contrast to...
Ethereum is the brain child of Vitalik Buterin and the unofficial number 2 behind Bitcoin. Launched in 2013, this blockchain supports smart contracts, giving ETH the nickname of „Programmable money“. Any person with a computer can launch his own smart contract on the platform, leading to a very dynamic and innovative environment. Ethereum has attracted a lot of attention recently by leading the...
Bitcoin is the first cryptocurrency. Its inventor, the pseudonymous Satoshi Nakamoto, described it in a whitepaper as far back as 2008. It was ultimately launched in early 2009. Bitcoin is limited to 21 million coins. This is achieved by a shrinking inflation that is halved approximately once every 4 years. Bitcoin is still the king among the cryptocurrencies, having the highest market capitalization...
Bitcoin is likely to drop towards $11,000 in the coming days, analysts say. The cryptocurrency is likely to do so as it has formed a strong rejection at the $11,400 resistance level, which has been a level of importance for the asset on a short-term and long-term basis. Bitcoin Likely to Drop Towards $11,000 as Key Resistance Holds The analyst that shared the...
News regarding the OKEx founder being arrested by the Chinese government has created some fear amongst crypto investors He holds the keys to the cryptocurrency that is locked within the platform, making it impossible for the exchange to conduct any withdraws while he is in police custody Although the bull case is that this could reduce the supply of BTC circulating on the...
Legendary venture capitalist investor Naval Ravikant recently took to The Tim Ferris Show, an extremely popular podcast about business and self-betterment. The angel investor, who has funded companies such as Twitter and Uber, proceeded to spend lots of time to discuss Bitcoin and cryptocurrencies. "You have...
Filecoin is a cryptocurrency and a digital storage and data retrieval method. It was first released in July 2014 and conducted an ICO in 2017. The project managed to raise around $200 million, however, it wasn't until a few days that the cryptocurrency got listed on several exchanges. The launch of Filecoin has been one of the most awaited launches ever, in the...
Ethereum users have faced extreme transaction fees over recent weeks and months. At one point, there were users paying $10-20 just to send ETH and ERC-20 tokens from address to address as the cost of gas spiked to 1,000 Gwei and beyond temporarily. Many have seen high Ethereum transaction fees as something decisively bad for the network. It restricts more cost-sensitive users from...
Ethereum has been closely tracking Bitcoin over the past few days and weeks This has caused the cryptocurrency to see some turbulence as of late, with news regarding the OKEx founder being arrested sending BTC and ETH reeling lower This decline was short-lived, and bulls were able to rapidly step up and begin absorbing this selling pressure Analysts are now noting that upside...
The cryptocurrency market has become a profitable investment in recent years. This is especially true for some altcoins that have seen massive price changes. The DeFi market, for instance, has recorded incredible return on investments for investors, and some of these tokens have seen price increases. In this article, we will consider the price predictions […] The post...
HDR Global Trading Limited, the company behind the infamous BitMEX exchange, faces one more lawsuit after being accused of illicit activities by CFTC and...
The New York Department of Financial Services (NYDFS) has invited several digital asset firms for a 'TechSprint' aimed at digitizing the process of submitting regulatory reports by these digital asset firms.
On this episode of The Van Wirdum...
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