Lawrence Mike Woriji

Blog Info Altcoin Buzz
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Jan 22 2022

USDC Becomes a Leading Stablecoin and Flips USDT on Ethereum

Jan 22 2022 Published at Altcoin Buzz under tags  cryptocurrency news tether usdc usdt

Cryptocurrencies pegged to the U.S. Dollar or Euro are stablecoins. They serve as a great payment mechanism via the blockchain. For the first time on Ethereum’s network, the leading stablecoin developed by Tether (USDT) falls to second place. As a result, Circle’s stablecoin (USDC) surpasses it in total circulation on the second biggest blockchain. As of this writing, USDC has a supply of...

Jan 21 2022

Crypto.com Admits Hack Cost It About $35 Million

Crypto.com became one of the recent platforms to face an attack from hackers, leaving a number of users with huge losses. Several users called out the exchange to complain about their account’s fraudulent activities. However, it took a few hours for the platform to respond to the calls....

Jan 20 2022

Avalanche Updates | Symphony Finance Launches YOLO V2 | Jan Week 3

Avalanche network has been thriving since early 2020. Every week, there are new updates on the Avalanche community. Altcoin Buzz covers some of the updates from the third week of January 2022. Here’s what Avalanche is up to. Avalanche is currently the busiest crypto...

Firo Partners with DotOracle to Allow Asset Movement to Elysium

Since 2016, Firo, initially called Zcoin, has been working on cutting-edge privacy technology. On the other hand, DotOracle, a decentralized network, seeks to deliver real-time data to close the gap between the Polkadot ecosystem and the real world. These two companies have partnered which will bring improvements to the ecosystem. Therefore, in this article, you...

Kava Network Successfully Launches Its Kava 9 Mainnet

The Kava ecosystem has made some huge achievements in the last few months. However, everyone on the platform has eagerly looked forward to the big Kava 9 upgrade. This upgrade will bring new features to the platform. The upgrade took place on January 19th. As a result, the open-source Layer 1...

Jan 19 2022

Avalanche Continues its Blistering New Year Growth With New Feat

Jan 19 2022 Published at Altcoin Buzz under tags  avax ethereum product release & updates

Most crypto experts noted that Avalanche would be Ethereum’s biggest rival in 2022. The first few weeks of the new year have shown that there is much truth in that statement. Some Ethereum users have flocked to Avalanche's platform, searching for “greener pastures.” A tweet shared by Jay Kurahashi-Sofue, AvaLabs VP of Marketing, showed how much progress the layer-one network has made. This...

Jan 18 2022

Crypto.com Suffers Hack, Losing More Than $15 Million in Ethereum

Jan 18 2022 Published at Altcoin Buzz under tags  cryptocurrency news ethereum hack

Crypto.com, an exchange platform, is the latest to suffer from ruthless fraudster attacks on its platform. The exchange platform has fallen victim to a hack and has lost about $15 million in Ethereum. However, experts believe the figures could be higher. Several of the platform’s users complained of missing funds but got no response from the exchange firm at first. Dogecoin co-founder Billy...

Why did Tether Frozed $160 Million From Three Ethereum Addresses?

Tether is a famous USDT stablecoin issuer that has worked closely with regulators to flag down suspicious accounts. Recently, Tether revealed that it froze three Ethereum addresses. Tether has frozen these addresses held up to $160 million following a request from law enforcement. Therefore, the owners of those addresses won't be able to move funds across. Tether did not disclose further details on...

Why did Tether Freeze $160 Million From Three Ethereum Addresses?

Tether is a famous USDT stablecoin issuer that has worked closely with regulators to flag down suspicious accounts. Recently, Tether revealed that it froze three Ethereum addresses. Tether has frozen these addresses that held up to $160 million following a request from law enforcement. Therefore, the owners of those addresses won't be able to move funds across. Tether did not disclose further details...

Jan 16 2022

Top 5 Blockchain Oracles by Marketcap

Jan 16 2022 Published at Altcoin Buzz under tags  blockchain cryptocurrency news oracle

The blockchain ecosystem comprises several sections. These sectors aid in the effective functioning of the entire space. Therefore, Oracles are an important trending category that plays a vital role in the efficient operability of DEXs In this article, you will learn who are the Top 5 Blockchain Oracles that are attracting more attention. But before doing that, let's start by defining what is...

Jan 15 2022

Messari: Bitcoin as Programmable Digital Gold

A decade ago, Bitcoin was still relatively unknown, and few platforms could accept virtual currency as a means of exchange. Today, it is the most sought- after digital currency, and some experts correctly refer to it as a “programmable digital gold.” Bitcoin is an irreversible type of private money that has shown to be extremely difficult to eradicate. It has beaten every major asset...

Oasis Network’s ROSE Surges Following the Launch of YuzuSwap

Jan 15 2022 Published at Altcoin Buzz under tags  defi oasis network token launch yuzuswap

The crypto market began the year slower than many would have expected, but Oasis Network is one of the few platforms adding color to what has been a slow start to a promising year. Alongside other Layer 1 blockchains like Fantom, the Oasis Network’s popularity has soared. It has become the go-to proof-of- stake Layer 1 blockchain in recent months. A few hours ago,...

Jan 14 2022

Scarab Capital Is Merging the Crypto and Forex Sectors

The crypto space is growing each day, and there are multiple use cases over the last few years. However, nobody thought about connecting the forex market with the crypto ecosystem. But Scarab Capital finally did. Therefore, in this article, you will discover more about the Scarab Capital token and how they...

Jan 13 2022

Avalanche Hit Records in Active Addresses in 2021

The Avalanche blockchain is attracting a surge of new deposits into its DeFi protocol. Meanwhile, avalanche offers developers features that only a few others can boast of. As a result, the platform is attracting new users, which incentivizes them to make their communities bigger. On the other hand, the network was...

Moonbeam Fully Launches on Polkadot as the Operational Parachain

The Moonbeam Network has completed its launch process and has become Polkadot's first fully operating parachain. The process of the launch began late last year on December 17. Following the launch, Moonbeam's super user key (sudo) went off. This move gives the Moonbeam token holders direct control while operating on the network. What This Means for Moonbeam...

Jan 12 2022

Metaland DAO Lists Token on PancakeSwap Amidst Fraud Claims

It has only been a few days since Metaland DAO suffered a rug pull which PeckShield detected. The project suffered a loss of over 640 BNB ($286,748); however, its token is listed on PancakeSwap despite the rumors surrounding it. As of last week, the official Metaland DAO Twitter page was down. However, the team has been actively tweeting for some days and encouraging...

Portals, a Metaverse Platform, Welcomes Binance.US to Its Site

Portals appears to be baiting projects to the metaverse as Binance.US joins the crypto projects staking their claim on the blooming metaverse space. Like DeFi and NFTs were the bait of the crypto space in 2021, the metaverse will be the point of attraction this year. Metaverse is a virtual world that enables people to relate as they would...

Jan 11 2022

Chainlink Announces Plans to Launch Staking Features for LINK Holders

2021 was a remarkable year for the Chainlink community. The Chainlink Oracle network included several new features. For example, it added random number generation and Keepers. Keepers is a smart contract service that automates extremely complicated orders. Furthermore, over 2.5 million randomization requests have already been sent to Oracle's VRF. Chainlink...

Mirror Protocol Helps Users Own Synthetic Versions of US Tech Stocks

Jan 11 2022 Published at Altcoin Buzz under tags  defi mirror protocol terra

DeFi is fast evolving to suit the increased demand for economic independence. As a result, several projects have emerged with a wide range of financial services to match this need. The concept of synthetic assets is a recent innovation. Synthetic assets are assets that closely resemble real-world financial assets. In addition, they can draw their value from stocks, commodities, and other underlying...

Jan 08 2022

The 5 Fastest Growing Blockchains for Developers

The movement of software developers in the crypto space indicates thriving blockchains. These developers love to flock to blockchains with potential. Surprisingly, Bitcoin and Ethereum had some serious contenders in 2021. Prior to 2021, Bitcoin was the big shark of the crypto sea. Also, it boasted about 70% of the market’s value. However, as blockchains evolve, more projects are emerging. These...

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