Category: cryptocurrencies

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Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets

It’s been barely half a year since Cardano’s network hit the 1 million wallets mark. In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021. During that period,…
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Illuvium, LCX and Tokemak hit new highs as Bitcoin dominance lingers

LCX, ILV, TOKE and at least 10 other altcoins hit new all-time highs alongside ETH today. During bull markets, altcoins tend to accrue gains when Bitcoin price consolidates and at they run in tandem with BTC price during breakouts. This dynamic appears to be at play today because multiple altcoins went parabolic at the same…
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Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals

Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish Itself as Center for Crypto…
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Analysts say ‘impulse move’ could send Ethereum price into the $6K to $14K range

Analysts say ETH’s breakout to a new all-time high is just the beginning and one 2017-era fractal pattern targets a $14,000 Ethereum price in the near future. Crypto markets have hit the ground running right from the start of November and as of Nov. 2, a near uncountable number of tokens have rallied to swing…
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Upcoming parachain auctions send Polkadot to new ATH, while CHR and THETA follow

DOT hits a new all-time high as Polkadot’s parachain auctions approach, and the ever-expanding Metaverse could be behind the gains seen in CHR and THETA. “Uptober” is over, but as Zhu Su tweeted earlier on Nov. 1, the crypto market rally could extend through “Upvember, Upcember” and beyond. The month of October was stellar for…
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Sorare CEO shares bold vision on NFTs during Web Summit 2021 opening night

The co-founder of the French tech unicorn discussed major innovations that could come as a result of developments in the NFTs industry. Web Summit 2021, the biggest tech conference in the world, kicked off on Monday in Lisbon, Portugal, and will last until Thursday. In an opening statement, Carlos Moedas, the mayor of Lisbon, said…
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Vitalik Buterin shares positive outlook on the establishment of crypto cities

The Ethereum co-founder sees city tokens as important instruments in promoting economic equality, social initiatives and better governance. In a blog post published on Sunday, Ethereum (ETH) co-founder Vitalik Buterin voiced his support for utilizing the cryptocurrency phenomena to serve the interests of local governments and their citizens. Specifically, Buterin discussed the formation of city…
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Amazon job posting hints company’s Web Services are preparing to adopt crypto

The prospective employee would encourage those in senior positions at major companies to consider adopting cryptocurrencies, central bank digital currencies, stablecoins, security-backed tokens, asset-backed tokens and nonfungible tokens. Major online retailer Amazon’s IT service management company may be considering driving adoption in the digital asset space among its customers. According to a Saturday job posting,…
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City of Liverpool takes interest in blockchain-powered food delivery platform

Peepl seeks to enhance adoption by rewarding users with new tokens for every food delivery order. On Monday, Metro Mayor of the Liverpool City Region Steve Rotheram announced a 700,000 pound ($955,957) investment into blockchain-powered food delivery service Peepl. The software aims to act as a cost-efficient alternative to food delivery giants for local restaurants.…
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Burger King serves up free crypto with meal purchases

For the next three weeks, BK customers can enjoy a side of BTC, ETH or DOGE with their Whopper, thanks to a partnership with Robinhood. Fast-food chain Burger King has partnered with Robinhood to give away free cryptocurrency to its customers — offering a compelling sign that appetites for digital assets are growing.  From Nov.…
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