It is not a secret that cryptocurrency has been struggling to find its place in the world. The problem is not that it does not have any value, as many people are happy to use it for transactions without conversions into fiat currency. The issue is with governments and regulations. Some believe cryptocurrency needs regulation,…
Here’s why DeFi will future-proof India’s crypto ecosystem
After less than a year of Indian cryptocurrency users enjoying unfettered access to the cryptocurrency markets, it now looks likely that the authorities will intervene once again. The Indian government is set to push through the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in the latest budget session of Parliament. Although the Bill’s…
Amazon, IBM, JP Morgan, Microsoft, and R3 Corda: The State of Enterprise Blockchain
What is the state of Enterprise Blockchain? Are we advancing? Are we stalled? Why? This article examines the state of the industry; this is not intended to be a comprehensive review, rather, the goal is to focus on the primary market participants. With this report-out for context, it then posits a platform strategy for industry…
Impermanent loss is a death sentence for DeFi mining
Decentralized finance is a prevalent industry that keeps reaching new milestones. Despite the appeal, no one can deny plenty of issues with the current DeFi mining model. In my opinion, we need to revamp this entire aspect by removing impermanent loss from the equation. DeFi Mining Has Issues One of the more popular aspects of…
First NFT auctions on Tezos (XTZ) take off: Plain colors selling for thousands of dollars
tzcolors Ethereum started with CryptoKitties, and now the Tezos NFT market has just taken its first leap with tzcolors. What seems to have started as a fun experiment playing around with an auction platform, has taken off fast with thousand dollar bids for plain color NFTs. The highest sale so far was for about $3,000….
USDtz to enable private stablecoin transactions on Tezos (XTZ)
zkChannels & USDtz zkChannels is an L2 scaling solution from Bolt Labs for Tezos that enables private transactions. In a few days, the EDO upgrade will go live. This will bring a set of unique new features to the Tezos blockchain. One of those features is the fact that smart contracts can now integrate privacy features. And…
One of the world’s biggest NFT marketplaces will soon begin minting on Tezos (XTZ)
What is OpenSea? OpenSea is an NFT marketplace with the highest monthly volume in the industry. So far, it only supported Ethereum-based NFT’s, but that’s about to change. OpenSea has just announced it will enable Tezos-based FA2 NFTs on their platform. This means that NFT’s minted on Tezos will be able to be stored, viewed,…
20 Ethereum ERC-20 tokens will be coming to Tezos (XTZ) DeFi in Q1 2021
20 ERC-20 Tokens To Be Wrapped As FA2 Tokens (Including The Wrap Token) In the Wrap Protocol Whitepaper it was stated that the following assets would be available as whitelisted to be wrapped in Quarter 1: AAVE BUSD (Binance USD) CEL (Celcius) COMP (Compound) CRO (Crypto.com) FTT (FTX Token) HT (Huobi Token) HUSD (Huobi USD)…
Tezos (XTZ) records highest number of contract calls in January with several dApps set to launch
A Smart Contract Call Record Contract calls are interactions with smart contracts in the form of transactions. This is an important metric to see growth in the adoption rate of mainnet smart contracts. Since July 2020, the amount of contract calls has increased to 1,209% of the July total. Every month we’ve seen a new record…
How we can use timestamping content on the blockchain to fight fake news and fraud
Can you trust what you read on the internet? Ideally, we’d be in a world where the answer to this question is an immediate “Yes.” But we know there’s a lot of distrust in what’s on the internet. It’s not because all internet content is untrustworthy. It’s because there’s been such deception through fake news,…