Results for "solana"
FTX Joins the NFT Trend With the Launch of Its NFT Market Place
Vignesh Sundaresan made global headlines when he spent $69.3 million on an NFT designed by digital artist Beeple. The acquisition was made during a March sale conducted by the centuries-old auction house Christie’s. Since then numerous well-known musicians, content creators,…
PARSIQ Announces New Advisor and Investor Evan Cheng
Evan Cheng who joins PARSIQ as an investor and advisor, is no stranger to the world of high profile tech and blockchain companies, not only is he the Head of Novi Research at Facebook, focusing on advancing the state of…
Polkadot Assesses MultiChain Tech Challenges After Launching Parachain Auctions
Last week, Polkadot added parachain auctions and crowdloans to Kusama and Westend. Polkadot aims to carry heavier transactions than Ethereum. However, as the integrated parachain’s structure of Polkadot is decentralized, some difficulties have presented themselves. On Monday in CoinDesk’s Consensus,…
Does Bitcoin Need To Evolve?
The crypto market has recently dropped by nearly 23% following the announcement of Tesla backpedaling in its acceptance of BTC for vehicle purchases and CEO Elon Musk’s tweet about the apex crypto’s centralization problem. Considering the bloodbath that is currently…
Avalanche (AVAX) the Latest Blockchain to Issue Tether (USDT)
High-performance, scalable smart contract platform Avalanche is the latest to host USDT. USDT Launches on Avalanche Stablecoin issuer Tether (USDT) is primed to launch its famous dollar-pegged digital currency on Avalanche (AVAX). This makes Avalanche the ninth blockchain to launch…
Kusama and Westend Receive Parachain Auctions and Crowdloans for Further Testing
The Polkadot network is yet again making a major update after enabling balance transfers just recently. Parachain auctions and crowdloans are now available on Kusama and Westend. The network’s current objective is to offer approximately 100 parachain slots on Polkadot…
Shield Finance Closes Private Funding Round To Meet Climbing DeFi Insurance Demand
In a reflection of the sizable demand for DeFi products that continues to swell, Shield Finance has raised $780,000 from a consortium of private investors to deploy its insurance aggregation solution across multiple blockchains. DeFi Insurance Aggregation Platform To Launch…
OpenOcean Integrates Loopring ZK Rollups, Becomes the First Aggregator on Ethereum L2
OpenOcean has become the first aggregator on Ethereum layer-2 after integrating Loopring—a ZK Rollup protocol that powers that native wallet and a DEX, an update on May 5 reveals. Lower Fees, Speedy Settlement Following this incorporation, OpenOcean users will now…
Serum “Burns” $1 Million of Tokens, SRM at New 2021 Highs above $12
Serum—one of the world’s actively used DEX on the Solana blockchain preferred because of its low transaction costs and speed–concurrently burned and dropped to stakers a combined $1.3 million of SRM, an update on May 3 reads. Serum DEX Burns…
Migration to the Graph’s (GRT) Mainnet Begins; UMA, DODO, Audius, Among the First 10 Subgraphs
Four months after mainnet launch, the protocol’s first ten subgraphs are now migrating to the primary decentralized network, the Graph Foundation announced on Apr 27. The First 10 Subgraph Migrating The projects planning to migrate their subgraphs to the mainnet…
Bitcoin, Ether, Major Altcoins – Weekly Market Update April 26, 2021
The total crypto market cap lost $72 billion of its value for the last seven days and now stands at $1,982 billion. The top 10 coins were mostly in red for the same time period with Dogecoin (DOGE) losing 22 percent…
Ether (ETH) Hits ATH While Bitcoin (BTC) Dominance Slides Closer to 50%
Ethereum (ETH) gains over 10 percent while bitcoin (BTC) continues to move sideways. Ethereum Hits New ATH While bitcoin’s price continues to hover in the lower $50k range, ether seems to be slowly gaining some steam. The price of ETH…
Crowny Listing on AscendEX
AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Crowny Token (CRWNY) under the pair USDT/CRWNY on Apr 21 at 1:00 p.m. UTC. Crowny has created a…
Avalanche Incorporates The Graph to Advance Its Querying and Indexing
The indexing and query layer of the decentralized web, The Graph, is now integrated with Avalanche to expand querying and indexing on the platform. Developers building on Avalanche can easily query custom on-chain data requests without running a full node…
DappRadar Data Indicates Higher Contract Interactions on PancakeSwap Compared to Uniswap
Daily addresses interacting with Binance Smart Chain-based (BSC) AMM PancakeSwap overtake those of Uniswap. High Gas Fees to Blame? In a tweet published on April 12, Larry Cermak, Director of Research, The Block shared data indicating the daily addresses interacting…
Covalent has Chosen Moonbeam as One of Its Projects
Covalent is betting big on the multi-chain future, and they have now indexed 7 major blockchains, one of which is Moonbeam, the new Polkadot smart contract platform that allows developers to build blockchain apps that are interoperable across various chains.…
Stellar Network Faces Outage Following Offline Validators, Coinbase to Investigate
After a 2019 network freeze, the Stellar network has been hit by yet another crisis. According to data that has been made publicly available, it was unable to process transactions for hours. XLM Price is Plummeting Stellar’s official update shows…
Tether Tokens (USDt) to Launch on Polkadot and Kusama
British Virgin Islands, March XX, 2021 10:00 AM UTC – Tether Operations Limited (“Tether”), the company operating the blockchain-enabled platform tether.to that powers the largest stablecoin by market capitalization, will launch Tether tokens (“USDt”) on Polkadot, a scalable multichain network…
