Racheal

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Dec 03 2020

ETH 2.0 Staking – Risks and Rewards

The popular Ethereum blockchain platform has commenced the journey to its ETH 2.0 official mainnet launch with its Beacon Chain update launched on December 1, 2020. This article covers in detail major plausible points of the ETH 2.0 Beacon Chain upgrade. Chief amongst these points are the risks and also the rewards associated with staking on the recently launched upgrade. Ethereum plans to...

Crypto.com Launches Margin Trading

Well-known crypto fintech platform Crypto.com has disclosed the launch of margin trading on its platform. Users can now gain access up to 3x leverage on the recently launched margin trading feature on Crypto.com. BTC/USDT is, for now, the only trading pair supported by the feature. However, plans are in place to include more trading pairs in the near future. According to an official...

Coinbase Adds Support for Ethereum 2.0 Tokens

The Ethereum Beacon Chain upgrade is getting a lot of support from the cryptocurrency community. Popular cryptocurrency exchange Coinbase has announced plans to support Ethereum through its Ethereum 2.0 upgrade and staking. Ethereum scalability issues have skyrocketed in recent times. The current DeFi craze has further...

Dec 01 2020

Chinese Police Confiscate Crypto Worth $4.2B From PlusToken Ponzi Scheme

The crypto space, since its inception, has attracted a lot of nefarious individuals who usually prey on the lack of crypto knowledge of willing investors. A major pointer to this is the Ponzi scheme platform known as PlusToken. The platform was raided by the Chinese police in 2019 and the organizers arrested. According to...

Firo Lelantus Upgrade Is Around the Corner

Privacy-focused cryptocurrency Firo, formerly known as Zcoin, has disclosed that its long-awaited Lelantus upgrade will soon go live. Firo, in a GitHub update, disclosed in-depth details of the upcoming upgrade. Details like actions users are expected to carry out and how to go about testing the update. Firo, furthermore,...

Nov 30 2020

Chainlink Brings Many Exciting Use Cases To Smart Contracts

The importance of oracle platforms like Chainlink to smart contracts cannot be over-emphasized. Smart contracts are known as an advanced form of blockchain technology usage. They bring trustlessness, reliability, and operational efficiency to contracts. While smart contracts are a massive innovation, they, however, find it difficult to connect to real-life events happening off-chain. This is one of the greatest limitations of employing...

Current Bitcoin Price Rally Analyzed by Chainlink Co-Founder Sergey Nazarov

Sergey Nazarov, the co-founder of Chainlink, discussed the possible cause of the ongoing increase in Bitcoin price during a recent interview with popular business news platform Yahoo Finance. In addition to discussing the ongoing Bitcoin price rally, he also...

Nov 29 2020

Elrond To Support Bitcoin and ERC20 DeFi Tokens

Internet-scale interoperable blockchain platform Elrond has disclosed plans to support Bitcoin and other crypto assets. This is made possible because of the new strategic partnership between Elrond and Poly Network. The blockchain is known for its work on ensuring interoperability at "Internet Scale." The internet as we know it today is an enormous compilation of connected computers or nodes across different types of...

Nov 28 2020

Binance U.S. Users Get Eviction Notice Again

Nov 28 2020 Published at Altcoin Buzz under tags  binance exchanges us crypto regulation

Leading crypto exchange Binance, according to reports, has instructed its U.S. users to leave the exchange, disclosing its intention to stop offering services to all users based in the United States. Reports say Binance has given all of its customers based in the United States a 14-day ultimatum to withdraw their...

Nov 26 2020

Brave New Coin (BNC) and Band Protocol Teaming Up

World-renowned data analytics firm Brave New Coin (BNC) has announced a strategic partnership with cross-chain data oracle platform Band Protocol. The partnership is aimed at bringing institutional-grade price data to BandChain. Interestingly, BandChain boasts of approximately 1,500 crypto assets on its platform. This means that both Brave New Coin (BNC) and Band Protocol will help meet the price data needs of these digital...

Nov 25 2020

Ethereum 2.0 Beacon Chain Launch Going According to Schedule!

Popular blockchain platform Ethereum disclosed plans some time ago to launch a protocol upgrade. The upgrade, dubbed Ethereum 2.0, is expected to put an end to all of Ethereum’s scalability issues. Ethereum in recent times has been ridiculously slow, and gas fees are at an all-time high. The increase in scalability issues on the blockchain platform has been...

Crypto.com Obtains Two New Licenses in Malta

Crypto.com achieves yet another major milestone. It has become one of the first crypto platforms to achieve two major licenses in Malta. Crypto.com, in an official blog post, disclosed that it is now the recipient of Malta's in- principle approval for a...

Enhancing Blockchain Security With Komodo Dilithium Module

Security is one of the foundational pillars of the blockchain and crypto space. Blockchain security today cannot be over-emphasized. Especially with the danger of thefts and hacks that seem to happen all too often in the cryptocurrency and blockchain sphere. This article covers in detail what security on a blockchain entails, digital signatures, and the Komodo security detail. One major attraction point of...

Nov 24 2020

CrescoFin to Launch Money Market on Aave and Chainlink

Top Swiss finance firm CrescoFin, with services ranging from insured savings to conventional financial services, has disclosed plans to launch a money market. The money market will be built on the Aave blockchain in conjunction with world-renowned oracle platform Chainlink. In an official blog post,...

Nov 21 2020

SKALE Network and Ethereum – a Compelling Choice for Developers

The blockchain and crypto sphere is arguably one of the most important innovations of the 21st century. Blockchain tech is in the limelight, with many enthusiasts believing the tech is taking over the world. However, many schools of thought are of the notion that most of its proposed use cases can be easily achieved with smart databases. In line with this long-term...

Matic Network Integrates Chainlink Price Feeds

Matic Network announces a strategic integration of the Chainlink oracle solution for developers on its platform. The popular oracle platform, Chainlink, will provide the Ethereum-based layer-2 solution platform, Matic Network, with secure, reliable, and real-time price data oracles. Five different price feeds are now available following the successful deployment of the price oracles. The price feeds include MATIC/USD, ETH/USD, DAI/USD,...

Nov 19 2020

Latest TrustSwap Launchpad Project Goes Live!

Decentralized finance (DeFi) protocol TrustSwap has released details of several upgrades on its platform. The upgrade includes expansion of the platform as well as a strategic acquisition. Aside from this, TrustSwap has also disclosed that its much-anticipated Launchpad project is now live....

Uniswap DEX Loses Dominance as UNI Farming Ends

The world's most prominent DEX exchange, Uniswap, finally ended UNI farming on its exchange on November 17. The close of its UNI farms also, furthermore, unlocked over $1 billion worth of liquidity from Uniswap. With no clear direction following the end of farming, the exchange is struggling to stay relevant. Over $1 billion in...

Band Protocol to Help Swingby Secure Skybridge Asset Protocol

Swingby, the platform behind top cross-chain asset protocol Skybridge, has announced a strategic partnership with well-known oracle platform Band Protocol. Skybridge is being developed for facilitating seamless Bitcoin transactions across blockchains. Band Protocol will assist Swingby to secure the upcoming mainnet launch of its Skybridge protocol. The oracle platform will furthermore provide reliable, secure, and real-time price feeds for...

Bitcoin Comes to THORChain With Public Testnet Launch

Contributors of popular cross-chain liquidity network THORChain announced the launch of the network's multichain public Bitcoin testnet. The much- anticipated multichain testnet on THORChain will facilitate swaps and pools with Bitcoin. The network made this announcement in an...

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