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Friday, March 29, 2024
Twitter's decentralized social network protocol, Bluesky, has come out with the first batch of its code. It has also revealed its commitment to content moderation on its network.  The Bluesky developer team released the initial batch of its codes while reiterating its commitment to moderate content permitted on the platform....
Vitalik Buterin, the co-founder of Ethereum, believes that the transaction fees for Layer 2 need to be under a sum of $0.05 in order to be truly acceptable. Buterin made these comments as a response to a Twitter post from Ryan Sean Adams, the host of the Bankless podcast,...
The talks of a possible acquisition of Mercado Bitcoin (2TM) by Coinbase (COIN) have broken up. Mercado and Coinbase have stopped talks over the US crypto exchange, picking up the Brazilian company for $2B. it is still not clear the reason behind the break-up as neither 2TM nor Coinbase...
Even as Bitcoin prices stay in an extensive trading range, options traders have an opportunity to go for the Iron Condor options strategy to earn maximum profits. Bitcoin had last traded above the $50,000 mark back on December 27 last year. But traders remain positive that inflation had triggered...
Fei Protocol, one of the most famous Decentralized finance platforms, has gone on board with a bounty of $10 million to secure a loot of $80 million. They have offered the sum to hackers in their attempt to retrieve after negotiating a major chunk of the stolen funds which...
ApeCoin went hard on its market bulls with the price losing out on nearly 40% in just a matter of three days. The price of APE did previously manage to reach its second-highest level ever, where it hit a sum of $27.57 on the 28th of April. Interestingly, this...
Despite Avalance's (AVAX) strong fundamentals evident from its large DApp use and DeFi ecosystem, it continues to trade below $65. AVAX prices are down over 30% this April alone. But notwithstanding the negative movement of its price, the smart contract platform is still a strong challenger for decentralized applications. This...
The last Bitcoin halving cycle was in 2020, so the next one is around the corner in 2024 and it is bearing on the long-term valuation of the lead cryptocurrency is a matter of hot debate. After it spectacularly failed to touch the much-anticipated milestone of $100,000 for 2021,...
According to CoinMarketCap data on Friday morning, the crypto market cap climbed by only 0.13 percent in the last 24 hours to $1.80 trillion (10.20 am). In the previous 24 hours, the majority of the top ten cryptos have lost value, although the global crypto market volume has climbed...
Roger Ver, one of bitcoin's early investors, believes Dogecoin (DOGE) offers some advantages over the main cryptocurrency. Roger Ver also backed Musk's decision to buy Twitter, claiming that the Tesla CEO might put a stop to "censorship" on the social media platform. Roger Ver, a 43-year-old American, is known...
Through its upcoming incentives, the fund hopes to bring more existing programs and protocols to the network, in addition to assisting developers and critical ecosystem development. This move coincides with TRON's rollout of JustLend and JustSwap DeFi services, as well as Sun's stated goal to adopt stablecoins entirely. It...
The Senate of Brazil has finally passed the bill that governs cryptocurrencies in a complete session and a regulatory framework will be created. This is the first bill of the country to build a framework of regulations for the industry of crypto. The Chamber of Deputies must sign the...
The Optimism Foundation has launched a brand new token and structure of governance in order to gain efficiency in cost and scalability to Ethereum. Ethereum is the current largest platform for smart contracts. The introduction of the ‘Optimism Collective’ was done this Tuesday in a long post that stated...
Notifi Network and Solana Realms Decentralized Autonomous Organization (DAO) have joined hands to help an increase in governance participation rate through the extension of their notification services. You will not have an excuse in the future to miss out on the next governance vote if DAO hereafter texts or...
Edward Snowden has been revealed as a key sixth participant in the elaborate ceremony in 2016 that finally led to the formation of Zcash, the major cryptocurrency with privacy protection as its core policy. While Bitcoin was intended to be trackable and transparent, Zcash had codes to conceal all...
BTC mining is employing green energy because the industry of mining bitcoin in the world has increased the mix of its sustainable energy. This increase in the utilization of renewable energy has increased nearly 59% in just one year. The Bitcoin Mining Council (BMC) consists of 44 groups of...
CityCoins has appealed to the Stacks Venutres project incubator which has accepted 11 different projects to make the cryptocurrency more appealing. The appeal will be directed towards the global mayors who have the desire to utilize a digital asset in order to receive multiple rewards while bolstering their economies....
Sen. Kevin Thomas of New York has proposed a bill to create new sanctions for rug pulls along with other schemes using "virtual crypto distribution, private key fraud, and fraudulent refusal to declare interest in virtual tokens." A companion measure, Assembly Bill A8820, was also submitted to the New...
In the crypto world, Germany is a powerhouse. The central European country dethroned Singapore as the most crypto-friendly country. According to the Coincub crypto-friendly rating guide, this is the case. There are several reasons why Germany was ranked first in the recent assessment. Only the United States has more...
Monero dropped by around 10% in three days after it established a week-to-date high of around $290 on the 24th of April. Nevertheless, several technical factors did suggest that the USD/XMR pair was pretty poised at resuming its uptrend over the next couple of months. Notably, the price of...