South Korea’s President Faces Retaliation Over New Crypto Policies

New policy announcements by the South Korean government have been met with skepticism from part of the crypto community in the country. Some voices, which had previously lauded the South Korean President’s pro crypto stance, have expressed concerns over the…

May 16, 2022

Bitcoin Briefly Recovers as Holders Maintain Positivity on Further Rise

Bitcoin briefly recovered above the $30,000 level and its 100-hour simple moving average. The top crypto by market capitalization has had a rough past week as its price nosedived below the $25K level, causing panic across the crypto market. BTC…

May 16, 2022

Ethereum Back Above $2K After a Long Week of Turbulence as Altcoins Recover

Ethereum found support near $1,700 against the US Dollar and started a recovery wave, climbing above the critical $2,000 resistance zone. The second-ranked crypto by market cap had crashed 35%, sending it below the $2K level. At the time of…

May 13, 2022

Polkadot Finally Launches Cross-Consensus Messaging for Full-Interoperability

Polkadot has launched its messaging system, which will leverage a Cross-Consensus Messaging format (XCM). With this system, all Polkadot-based blockchains can directly communicate, making it the first time to do so, including the transfer of NFTs freely. Through the announcement,…

May 4, 2022

Balancer AMM- What Is It, and How Does It Work?

Balancer is an automated market maker (AMM), portfolio manager, and trading platform that runs on the Ethereum network. It is also a decentralized exchange (DEX) that utilizes smart contracts to offer its services, including passive earning methods. The exchange operates…

April 30, 2022

IOHK Increases Cardano’s Block Size by 10 Percent

IOHK has successfully implemented a 10 percent block size increase on the Cardano (ADA) blockchain network. The team expects the block size to increase from 80 to 88 kilobytes to bring a significant improvement in throughput, while also enhancing the…

April 27, 2022

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In a very harrowing turn of events for Terra, the blockchain ecosystem has opted to indefinitely halt the trade on its UST and LUNA tokens. The second halt in 24 hours came at a very ominous date, Friday the 13th.…

May 17, 2022