Optimism, a leading Ethereum Layer 2 scaling solution, has introduced Balancer Protocol to cut gas costs and dramatically increase the liquidity of DeFi. Due to Ethereum’s difficulties, users of decentralized finance now face exorbitant costs, making it difficult to get started. Optimism launch of Balancer’s technology provides DeFi liquidity provision
June 2, 2022 2 mins read
An individual digital identity for each vehicle will be recorded. Every automobile owner will be given a private key. Approximately one billion Euros worth of clock automobile sales were reported by the Times. The act of “clocking” a vehicle is also known as “busting miles” or “odometer fraud” in the
June 1, 2022 1 min read
Optimism is an Ethereum Layer-2 rollup that enables quicker transaction speeds. Terra Classic is down 8.66% in the last 24 hours. Let us look at the top 3 trending searches on CoinGecko as per CryptoDep. Optimism (OP) Optimism had announced the airdrop in April, along with intentions to build a
June 1, 2022 2 mins read
Tokens like NFT are included in the VDA’s definition regardless of their names. The government of India now levies a VAT of 18% on crypto exchange transactions. Guidelines on the scope of virtual digital assets are anticipated to be released ahead of the June 15 first due deadline for advance
May 30, 2022 2 mins read
Bitcoin has been up 4.17% in the last 24 hours. JPMorgan Chase analysts now think that Bitcoin has “significant upside potential”. A 15 percent increase from the 18-month low it struck in the middle of May brought the price of Bitcoin (BTC) back to over $30,000 on May 30. The
May 30, 2022 2 mins read
Milkomeda and Iagon Token Bridge require that users hold at least four milkAda tokens. Token Bridge is currently in beta testing mode. Using the service, investors may use Milkomeda to transfer their USDC from Ethereum to the Cardano Blockchain. As a Cardano Native Asset, the user may change USDC from
May 30, 2022 1 min read
Bella Protocol has been up 214.84% in the last 24 hours. One of Akropolis’s main goals is to create an autonomous financial ecosystem. Let us look at the top 3 gainers of the day as per CryptoDep. Bella Protocol (BEL) There are a variety of DeFi solutions available via Bella
May 29, 2022 1 min read
SHIB’s price is falling, yet top Ethereum whales are still buying the cryptocurrency. A decline in Bitcoin’s price causes SHIB to give up most of its profits. Investors are acquiring Shiba Inu despite the token’s recent decline. Seventy-seven percent of Coinbase investors have put SHIB on ‘buy,’ while just 23
May 29, 2022 1 min read
A primary goal of Metaland is to provide players with various opportunities. Shyft Network has been up 47.64% in the last 24 hours. Let us look at the top 3 gainers of the day as per CryptoDep. Shyft Network (SHFT) As a blockchain protocol for verifying and validating data kept
May 29, 2022 1 min read
The absence of an official headquarters has led to regulatory scrutiny of the exchange. The exchange has inked a memorandum of understanding with the Kazakh government. Binance, the world’s biggest cryptocurrency exchange by volume of transactions, is now a legally recognized organization in Italy. According to a news statement issued
May 27, 2022 1 min read