On Mar. 31, all of the blocks on the Cardano network will be produced by independent stake pool operators. IOHK, the company behind Cardano, will no longer participate in block production, making Cardano the only truly decentralized blockchain network on the market. T-61 days until Cardano becomes completely decentralized Decentralization has been one of the…
SEC to ‘closely review’ actions of Robinhood and merry Redditors
The U.S. Securities and Exchange Commission (SEC) has promised to review the recent events surrounding the GameStop (GME) pump and the subsequent restrictions on stock trading enforced by Robinhood exchange, the SEC’s acting chair and commissioners stated on Friday. “The Commission will closely review actions taken by regulated entities that may disadvantage investors or otherwise…
How Polkadot project StaFi brings liquidity to staked assets like DOT and ETH2
Massive amounts of capital are locked in staked crypto assets. But a relatively new platform is making those markets both tradeable and liquid. Enter StaFi StaFi, founded in 2020 and built on Polkadot, is among the first-ever decentralized protocols that help unlock the liquidity of staked assets via its own platform. This means users can…
PayPal’s new crypto unit just traded over $240 million in a single day
The division launched last year after PayPal made a big push for building out and expanding its crypto business. PayPal’s growing volumes Paypal’s new crypto exchange traded north of $242 million in a single day on Monday, data from itBit, the firm’s exchange partner, showed. Retail has arrived. @PayPal cleared $242M in crypto sales yesterday….
Privacy coin narrative gains steam despite Bittrex delistings: XMR, ZEC, DASH gain 20%
Early this year, privacy-focused coins were seemingly dealt a death blow by Bittrex, a popular crypto-asset exchange. In an announcement, the exchange said that it would be delisting the trading pairs that pertain to three privacy-focused altcoins: Monero (XMR), ZCash (ZEC), and DASH (DASH). No point was mentioned for the proposed delistings, though many were…
Bitcoin sets $28,600 ATH as institutional fund inflows explode
Bitcoin casually breached $28,500 this morning, setting a new all-time high after breaking its previous $19,800 ATH level last month. The move came amidst new narratives spinning for the volatile asset, such as its further positioning as a “digital gold” and an American bank stating it was “too big to fail.” casual new ATH, nbd$BTC…
PoS cryptocurrencies Cardano (ADA) and Polkadot (DOT) surge double digit percentages
Two of the biggest cryptocurrencies surged skyward over the weekend amidst greater retail interest and improving fundamentals. ADA and DOT surge Cardano and Polkadot logged big gains for speculators and investors over the weekend amidst greater retail interest and improving fundamentals. The former, a decentralized public blockchain that aims to support the deployment of smart…
Ripple CTO says the company would burn 48 billion XRP if “majority wanted rule change”
Ripple, the distributed payment processing service and issuer of the XRP token, has received a lot of flak in the past years for using XRP to keep itself afloat while maintaining its distance from the token. For reference, Ripple sold over $32 million worth of XRP in Q2 of 2020, while its business reported a…
After Lightning-Paced Tier-1 Sellout, ClinTex’s CTi Token Lists on KuCoin Today
Bitcoin Press Release: ClinTex is all set to fulfil its promise of reducing cost and time wastage in the medical trials industry, with its CTi token available for public trading on KuCoin on Wednesday. 30th November 2020, London, United Kingdom: Using the combination of blockchain, artificial intelligence and smart contracts, ClinTex is an innovative medical…
Crypto bull run returns with 25% Cardano (ADA) rally
It seems that the crypto bull run may be returning as Bitcoin, Ethereum, and altcoins mount a strong recovery from their lows. BTC is currently in the midst of pushing $17,700 as of this article’s writing, which is a key resistance level that bulls should hope to hold. ETH is pushing past key resistances as…