Blog: Altcoin Buzz

Payments behemoth PayPal, who recently announced a major move into the cryptocurrency space, is considering the acquisition of Bitcoin custodian BitGo, as well as potentially other crypto firms, a Bloomberg report noted. According to the report, PayPal is exploring...

On the 21st of October, PayPal announced the release of a new service which will allow users to engage with cryptocurrency. PayPal, in an official statement, says users will be able to hold, buy, and sell cryptocurrency directly from their account. PayPal also plans...

Leading cryptocurrency platform Crypto.com has partnered with the Open Payment Coalition for access to its universal payment identifier, PayID, to unveil a new feature that allows users to send and receive crypto easier. Crypto.com, who disclosed this announcement via an official blog post, stated that the integration with PayID...

More awareness and subsequent adoption await for Fantom (FTM) tokens as the protocol partners with Travala.com. Travala.com users will now be able to pay for bookings with Fantom tokens. This partnership creates more use cases, awareness, and adoption for the aBFT consensus protocol. According to an official blog post,...

Reserve Rights, the utility token of Reserve protocol has made some impressive gains in the last 24 hours. At the time of press, the Reserve Rights Token (RSR) is up by 47% and is the biggest gainer of the day. It seems the price rally was triggered by PayPal’s cryptocurrency buy sell support announcement. Interestingly, PayPal’s co-founder Peter Thiel is invested in Reserve...

Fundamentally, the past few weeks have not been so good for cryptocurrencies. The whole crypto ecosystem has been facing a lot of Fear, Uncertainty, and Doubt (FUD) due to the few events listed below: Exchange hacks After the $2 billion Mt. Gox episode a few years ago, many cryptocurrency exchanges had already learned their lesson, particularly with tightening their security measures or revamping...

Gravity, the popular decentralized tech protocol, has announced a strategic partnership with Binance's recently launched blockchain platform. The blockchain platform testnet known as Binance Smart Chain (BSC) will be integrated with the Gravity network using an Ankr node....

Gnosis Safe Multisig, one of the most secure ways to manage crypto funds announced its availability on xDai Chain on October 20. According to the Twitter announcement, Gnosis Safe will support safe, secure transactions, and asset management for both individuals as well as teams. The Gnosis Safe interface has been made compatible with xDai because Gnosis plans to leverage it as a Layer...

Zcoin, the privacy-focused cryptocurrency announced the testnet launch of its next-generation privacy protocol Lelantus on October 20. According to Ruben Yap, Project Steward Zcoin, Lelantus pushes the boundaries of privacy. It employs technology that supports very high practical anonymity and helps make transactions untraceable with a single click. At the core, Zcoin Lelantus allows users to destroy any amounts of coins and partially...

Ripple (XRP) has disclosed plans to improve its cross border payments system. The platform has also added Quant network's Overledger gateway as one of its Ripple XRP validators. This addition will make it possible for Ripple users to earn QNT tokens. Ripple first launched its Interledger Protocol (ILP) in 2015. The protocol was directed at facilitating payments across other payment networks. Over time,...

Linear is a non-custodial, cross-chain compatible DeFi protocol that offers a collateralized debt pool and is backed up by their base token, LINA. The protocol supports unlimited liquidity and allows the users to buy synthetic assets (Liquids) with zero slippage. Users who have staked their collateralized assets into the debt pool will be able to “build” Linear USD (ℓUSD), which can be used...

Banco de España, commonly known as the central bank of Spain, is planning to examine the effects of digital currency. The Bank of Spain disclosed this endeavor as it revealed its 2020-2024 strategic plan, which mostly summarizes its vision and goals for the next four years. Extensive...

Trust Wallet has announced the launch of a new governance mechanism that would enable holders of its native token (TWT) to participate in voting on proposals for its development, updates, and other matters. Trust Wallet, a mobile wallet application for ERC20/ERC223 tokens, made this announcement via an official tweet. It noted that “Trust Wallet Governance is here! $TWT holders can now vote on...

Popular decentralized platform Bancor has recently announced the launch of its v2.1 upgrade on the Ethereum mainnet. The Bancor v2.1 upgrade also passed the community vote on October 19, 2020. Now liquidity pools (LPs) can easily stake their tokens with "single-sided AMM." Stakers will also enjoy earnings with zero possibility of impermanent loss. Simply put, Bancor v2.1 provides two main features, namely:...

The Berlin-based company, Circles UBI, has launched a project on the xDai Ethereum sidechain. It offers a free basic income to its users each week. The platform has come up with a new monetary system called Circles. Working model When a user joins the Circles platform, a new personal cryptocurrency is created for him/her. Upon sign up,...

Digifox was launched by the popular crypto trader and YouTuber, Nicholas Merten, a.k.a DataDash. The platform allows the users to earn interest by investing their cryptocurrencies. The Digifox wallet is a non-custodial smart contract wallet that offers a benefit of both CeFi and DeFi elements. The wallet is available for both iOS...

In a bid to build trust among transacting partners in the blockchain and crypto sphere, popular blockchain-based data validation platform VIDT has recently launched its NFTs on Binance Smart Chain. With fraud and other forms of manipulation a major issue in the blockchain and crypto ecosystem, the importance of trust cannot be over-emphasized. This is where VIDT Datalink Validation Service comes in. The...

In its continuous effort to increase users' participation and adoption of stablecoins and decentralized finance (DeFi), Corion Foundation, a non-profit organization, has announced a partnership with Fuse. Corion Foundation made the announcement via an official blog post. The foundation noted that the partnership arose due to both firms' similar vision to enable access to quick, safe, and cheap open finance solutions globally....

Filecoin, a file storage blockchain network that promises to become a storage protocol of the decentralized web is in deep trouble. Within 24 hours of launch, the Filecoin miners demanded a change in the current mining rewards distribution setup. According to the miners, participation in Filecoin mining is cost-intensive and the reward distribution is unfair. Undoubtedly, Filecoin is a resource-intensive network as mining...

Chainlink, the oracle network that provides reliable data input and output for complex smart contracts is in the spotlight once again. Interestingly, Chainlink’s co-founder Sergey Nazarov who seems to be a very private person more or less spilled that he is the real Satoshi Nakamoto. In a fireside chat with Ben Chan, VP Engineering Chainlink, Nazarov explained how the Chainlink Oracle Network will...