While crypto market values are seeing ups and downs over a couple of weeks, the Gala price has jumped 19% in the 24 hours on Feb 15, and giant coins like BTC, ETH saw a single-digit gain on the contrary. Gala games is a blockchain-based gaming studio with an aim to provide players control over
Although cross-chain bridges have proven useful so far, the time has come to look beyond these semi-archaic solutions. When suer funds are at stake, it is safe to say the approach may not be ideal. Portal puts an end to wrapped tokens and third-party custody through its multi-chain atomic swap-based approach. Cross-chain Bridges Fail To
There’s no doubt or uncertainty in calling the NFT market the big trend of 2022 – and that’s pretty evident from the numbers generated. Bloomberg reports that during 2021, NFT transactions are estimated to exceed $41 billion. But it is equally evident that the potential of the NFTs has only just been scratched by this
The 2022 Winter Olympics in Beijing were the first time the entire world heard about China’s first official digital currency: the digital yuan. According to a Reuters report quoting officials from the People’s Bank of China (PBoC), the 2022 Winter Olympics participants, tourists, and organizers might be spending more than $300,000 everyday in China’s digital
Bybit has announced the first-ever Formula One sponsorship deal with Oracle Red Bull Racing. The Singaporean crypto company will be backing its efforts to become a top team in motorsports, jumpstarting this new partnership by becoming “Principal Team Partner” for the 2022 season. The partnership will help Bybit grow its fan engagement even more by
Data shows the cash flow of Bitcoin miners has halved since the price all-time high set in early November of last year. Bitcoin Miner Cash Flow Halves As Hashrate Makes New ATH And Price Declines As per the latest weekly report from Arcane Research, the cash flow for BTC miners seems to have halved since
The crypto market is showing mixed signals as events in Russia dominate. Prices pushed higher on optimism over the official recognition but then dropped back to reality when concerns about Ukraine arose again. Elsewhere, the news of hot US inflation figures coming in at 7.5% and a seizure of $3 billion from hacked Bitcoin by …
Market Update February 16: Bitcoin $44,000 Value Still Unstable Read More »
According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly Non-Fungible Token Sales Plummet Despite Recent $23 Million
Last week, Bitcoin sentiment shifted to greed for the first time in four months, but has since fallen back down into fear territory amid the current geopolitical and macro uncertainties. Bitcoin Fear And Greed Index Slips Down From Four Month High As per the latest weekly report from Arcane Research, the crypto market sentiment has …
Bitcoin Sentiment Reaches Local High, But Can’t Shake Recent Fear Read More »
Cross-chain bridges can unlock tremendous potential in the crypto world. But, unfortunately, this technology has certain issues and the wrapped tokens they use. Portal wants to change that narrative by removing the need for wrapped assets or third-party custody of user assets. Cross-Chain Bridges Are A Security Risk Those are the findings of Ethereum co-founder …
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