Earlier this month, the popular Ethereum (ETH) layer-2 solution Polygon (MATIC) carried out a hard-fork, though in silence and with no official explanation. Now, exactly 24 days later, it justified its actions in a postmortem, citing a critical vulnerability that could have drained the network of MATIC 9.3bn (USD 23.56bn at current rates)…. Read…
Read more
After Failed Prediction, Cardano’s Founder No Pushes for ‘Real Decentralization’ Cardano (ADA) will create a more formalized open source project structure in 2022, but community members must also do their part to ensure “real decentralization,” Cardano founder Charles Hoskinson said in a livestreamed video update on his vision for the new year…. Read More: After…
Read more
The sentiment in the crypto market has improved from last week, although it still remains in the zone considered “neutral” by the market sentiment analysis service Omenics…. Read More: Crypto Market Sentiment Improves, Bitcoin & Ethereum Enter Positive Zone Read more »Pay, Trade, Buy Bitcoin with Credit Card
Decentralized autonomous organization (DAO) OpenDAO launched on Christmas Eve with an airdrop targeting users of the major non-fungible token (NFT) marketplace OpenSea – and a massive rise of the DAO’s token was followed by a correction. … Read More: OpenDAO’s SOS Token Falls Over 20% After Its Initial Near-500% Leap Read more »Pay, Trade,…
Read more
Ethereum (ETH) wannabe competitor kadena (KDA) has continued to soar higher in the market over Christmas on hopes that the protocol will bring improvements to everything from smart contract creation to non-fungible token (NFT) trading. As of 10:37 UTC, KDA traded at USD 15.31, up 12% for the past 24 hours. The token is currently…
Read more
Bitcoin price started a downside correction below USD 49,000. BTC traded below USD 48,500 and is currently (12:12 PM UTC) showing bearish signs. A close below USD 48,000 might spark more downsides. Similarly, most major altcoins are stuck in a range. ETH is trading below USD 4,000 but well above USD 3,880. XRP is…
Read more
The South Korean banking giant Kookmin Bank (KB) says it has developed new multi-coin wallets that are capable of storing non-fungible tokens (NFT) and various tokens including central bank-issued coins. Per Fn News, KB has developed solutions using the Klaytn blockchain protocol, which was developed by the internet powerhouse and chat app operator Kakao….…
Read more
London-based football club Arsenal FC has drawn the ire of the UK advertising watchdog Advertising Standards Authority (ASA) for what the regulator calls “taking advantage of consumers’ inexperience in cryptoassets.” The regulator banned Facebook and website posts in which the football side promoted fan tokens. … Read More: UK Regulator Calls Foul On Arsenal FC…
Read more
South Korean retail chains are embracing crypto- and blockchain-powered payment platforms – and so are their customers, according to new industry data. Per the Kookmin Ilbo, there has been a 136.6% rise in the number of crypto- and blockchain-powered pay transactions over the course of the past 12 months at CU, one of the…
Read more
Major crypto derivates exchange BitMEX said it will launch its token, BMEX, in 2022, in two phases. The first phase, an airdrop, “starts now,” the company said, adding that users trading from now until the end of March, will be airdropped BMEX according to their trading volume. The exchange noted that the tokens will…
Read more
