Category: Blockchain

Polkadot (DOT), created by the co-founder of Ethereum, Gavin Wood, aims to solve the problem of high gas fees experienced on Ethereum. The Polkadot network provides a heterogeneous multi-chain interchange and translation architecture to connect private and consortium chains with public and permissionless networks. Based on the Polkadot network and its “sister” test network Kusama, a new

The world’s largest decentralized exchange, Uniswap is gearing up for its V3 protocol upgrade coming up in May, and as a result, it has announced the deployment of Uniswap V3 Core and periphery smart contracts on the Ethereum network. Among the networks the smart contract has been deployed onto include the Ropsten, Rinkeby, Kovan, and

Brian Brooks, a former top US banking regulator, will become the new Chief Executive Officer of Binance.US, the US affiliate of overseas cryptocurrency exchange Binance Holdings Limited. In an interview, Brooks confirmed that he would begin the new job on May 1. The current CEO at Binance.US, Catherine Coley, will leave the firm by the

WeWork figures among the companies that have welcomed cryptocurrency payments with open arms. Partnering up with Coinbase and BitPay, WeWork will begin offering cryptocurrency payments as an option. Through its partnership with Coinbase, the company will be able to pay landlords and third-party partners in cryptocurrencies. Coinbase also figures among the first WeWork member to

Venmo mobile payment app, owned by PayPal Holdings, has announced that it has begun allowing its users to sell, hold, and buy cryptocurrencies on its app. The development is a significant step, as it indicates that crypto is slowly but surely entering mainstream adoption. Beginning yesterday, April 20, Venmo said that it will show users

Despite tumbling slightly in price, XRP’s institutional inflows have been ramping up. According to CoinShares’ weekly digital asset inflows report, XRP has been the most popular investment among digital asset products currently offered, with its weekly inflows totalling $33 million. This has resulted in XRP nearly doubling its asset under management (AUM), or investment products,

The XRP community has filed a new motion to intervene in the ongoing court duel between blockchain payments firm Ripple Labs Inc and the United States Securities and Exchange (SEC). The motion contained in a Memorandum of Law which lists Jordan Deaton, James Lamonte, four other proposed intervenors, and the entire XRP holders, outlined a

After hitting highs of above $64k recently, Bitcoin (BTC) has been on a downtrend, even touching lows of $51k on April 18. BTC has however soared to $55,135 at the time of writing, according to CoinMarketCap. Market analyst Michael van de Poppe believes that it is critical for Bitcoin to hold the $50-52k level, which

The three Ethereum ETFs approved by Canada last week will officially begin trading on the Toronto Stock Exchange (TSX) today. All three ETFs directly invest in Ethereum (the cryptocurrency used on the Ethereum network), which would allow investors to buy into the ETF without going through the complicated process of trading Ether itself. However, this

Deutsche Telekom, a German-based telecommunications company, has entered the crypto space by investing in Celo, a San Francisco-based blockchain payment platform that offers crypto on mobile phones.  The booming crypto space Deutsche Telekom, the largest telecommunications provider in Europe by revenue size, has also bought an undisclosed amount of the Celo digital token utilized on