blockchain

Ethereum Issuance Drops Below Bitcoin’s For the First Time, Why This May Lead to a New Rally

Ethereum has been on a rally for the past week, moving from a two-month low at $1,700 to its current level at $3,223. Several factors have pushed the crypto market into a new rally, but most seem to gravitate around ETH and its ecosystem. ETH moves sideways into the weekend on the 24-hour chart. Source: ETHUSD Tradingview After the implementation of EIP-1559, Ethereum’s native token became a deflationary asset due to the change in its fee mechanism. To validate transactions on the network a portion of ETH is “burn”, meaning

Finding the Best PR and Marketing Agency for Your Blockchain, NFT, and DeFi Projects

Blockchain technology and its underlying use cases are currently the “talk of the town.” With each passing day, its popularity has grown, especially since introducing cryptocurrencies such as Bitcoin and, more recently, Ethereum. Everyone wants a piece of the action and wants to learn about and understand the technology heralded as the world’s future. Unfortunately, due to this technology’s technicalities, blockchain, despite being very popular and innovative, can be pretty challenging to understand. Several blockchain-based startups have emerged over the years, but most of them have failed due to an

Adoption of Crypto by South American Countries and Implications for Gambling

South American nations are becoming more receptive to cryptocurrencies, with some attempting to legalize Bitcoin. The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.El Salvador and Paraguay are grabbing attention in the world of BitcoinCryptocurrencies have gained widespread adoption in almost every country on Earth. No country, however, has elevated Bitcoin’s status to that of legal tender. El Salvador aims to be the very first country

BIC’s Video News Show: Robinhood IPO

In this episode of the BeInCrypto video news show, host Jessica Walker takes a look at Robinhood. Sponsored Sponsored The company just had an IPO and experienced spectacular growth in terms of new users and revenue. They definitely made the most of the meme stock phenomenon and the hype around Dogecoin and Bitcoin. But what are they more focused on, democratizing access to the stock market and meme stocks, or crypto, where they’ll do battle with Coinbase and Binance? Crypto windfall Robinhood’s second-quarter earnings report late Wednesday revealed its reliance on

Cardano: The ERC-20 Converter will go live on the testnet by…

Cardano’s ADA has been trending upwards since the 20 July bottom, with the alt setting higher highs on the charts. According to most, the primary driver behind the same has been a host of significant updates within the ecosystem. The IOHK team shared more updates with the community during the most recent Cardano 360 event. In the video, Cardano’s executives announced that it would launch an ERC-20 converter to bring Ethereum assets to Cardano’s testnet. According to IOHK Project Manager Francisco Landino, the new tool is coming on the testnet

Owners of Internet Domain Names Can Start Receiving Crypto With Their Addresses

Domain name owners can now start receiving crypto, including BTC, ETH and NFTs thanks to an integration with Ethereum Name Service.Any domain name, including .com and .cash, can now be a public address for payments across any blockchain. Brantly Millegan, director of operations at Ethereum Name Service, the protocol behind the development, shared an example implementation with The Defiant — brantly.cash, a name registered with the Domain Name System, can now accept BTC, DOGE, and more if configured to do so.DNS names can also be used as usernames in Ethereum

Study Finds NFT Industry Shows Some Undesirable Signs

A new report finds activity in the NFT community is organic, though there are undesirable signs among investors. Sponsored Sponsored Recently, Nansen, a blockchain analytic platform released a report with new findings on the emerging non-fungible token space. According to the reports there is a large amount of healthy, “organic” growth in the NFT industry.  However, despite the good signs of progress, there were also some undesirable findings. According to the report, the NFT space “remains spotted by certain profit-seeking practices.” This determination comes from transaction patterns. Token founders might be

Indian Central Bank Could Launch CBDC Trials by December

The Reserve Bank of India (RBI) could launch its first digital currency trials by December, according to central bank governor Shaktikanta Das.Sponsored Sponsored The RBI is currently studying different aspects of digital currencies, including their security, potential impact on India’s financial sector. The central bank must also consider how a digital rupee would affect monetary policy and currency in circulation. “We are being extremely careful about it because it’s completely a new product, not just for RBI, but globally,” Das explained.Sponsored Sponsored According to Das, the central bank is also

What is Star Atlas? (POLIS & ATLAS)

Star Atlas held its IEO in FTX last January 26. This full guide talks about the inner workings of the Star Atlas platform. In the past year alone, we have witnessed an immense rise in blockchain-based gaming projects. The unique combination of gaming and traditional financing has become quite appealing to a community of blockchain enthusiasts. The introduction of titles like Yield Guild Games and Binamon has truly legitimized the decentralized gaming sector. Star Atlas and other gaming projects alike have shown the importance of non-fungible tokens (NFTs) for a

Dexalot Ready for Mainnet After Successful Testnet Launch

What is Dexalot? Dexalot is the first decentralized exchange with a central limit order book on the Avalanche blockchain platform. Sponsored Sponsored The Avalanche community has started testing the application in early August and it will be available on mainnet in the third quarter of 2021. With functionality and interface features that rival centralized exchanges, it is fast and easy to use. Sponsored Sponsored Dexalot runs on an on-chain central limit order book reaping the inherent benefits of blockchain technology’s non-custodial, decentralized, and permissionless nature. Key characteristics of Dexalot Central

EA Sports Hiring New Senior Director to Explore Blockchain & NFTs

A new job posting on LinkedIn reveals EA Sports’ intentions of expanding their empire into blockchain and NFTs. Sponsored Sponsored The video game giant EA Sports posted an ad on LinkedIn for a new Senior Director of Competitive Gaming Brand. In the ad EA Sports specifies the applicant should be ready to lead the business into the realm of blockchain and NFTs.   According to the job post, the company plans to expand into new territories. “We set the pace for EA’s investment in gaming subscriptions, our PC storefront and platform, competitive

Crypto Hacker’s Data Vulnerable to FBI Through Palantir Glitch

A glitch in the Palantir system allegedly allowed the FBI  unauthorized access to data on a crypto hacker case from 2019. Sponsored Sponsored The Peter Thiel-founded AI company, Palantir faced unwelcomed news.  A new report claims the artificial intelligence giant faced a glitch in their secretive software program used by the FBI. Such a mishap allowed the FBI unauthorized access to private data for over a year.  Clients of this power intelligence software include the CIA, US immigration agency ICE, and the FBI among others. Sponsored Sponsored The accusation came from a