After Bitcoin’s success, blockchain technology was growing enormously. Developers found that Bitcoin‘s benefit was very narrow and limited to only one purpose(money). Bitcoin has failed to impact the tech and financial services, because of the limited functionalities. In order to overcome these limitations, developers thought of creating a blockchain-based platform
The most awaited first phase of Ethereum 2.0’s deposit contract address has been deployed. The developers are setting up for a genesis block event on December 1, 2020. Ethereum 2.0 is considered to be the network’s largest update. The upgrade introduces many protocol improvements, including economic changes impacting regular users.
Bitcoin (BTC) price soars high, reaching a bullish price of over $14,000 for the first time in over twelve years. Bitcoin (BTC) is one of the most famous cryptocurrencies in the digital space. It is one of the favorite cryptocurrencies by many. This is also due to its bullish uptrend
A decentralized finance protocol Harvest Finance seemingly issued a $100,000 bounty reportedly after a $24 million attack from its pool. Harvest Finance is a DeFi yield aggregator. FARM is its native cryptocurrency. It has one admin key for making changes to the smart contract. Essentially, the holder of this key
LINE, a Japanese messaging giant is building a platform for developing central bank digital currencies (CBDC), as per the report by South Korean news agency the Chosun Ilbo. CBDC is the cryptocurrency issued directly by central banks to replace real fiat currency. It is generally different from cryptocurrencies such as
Beowulf Blockchain has announced the listing of its own coin on Bittrex Global exchange starting on September 24, 2020. Beowulf, a business-to-business decentralized cloud network for communication services. The company brings transparency and immediately-available solutions for all users and business customers in many fields. Through the listing, Beowulf will decentralize
Mercuryo.io – a fast-growing Estonian startup that bills itself as a European leader in cryptocurrency payment processing solutions closed a €2.5M seed funding led by Target Global, a major international VC fund with €800M+ under management. Mercuryo.io is a cross-border payments network that enables businesses across the world to send and
September 11, 2020 – Today, Huobi Global made a strategic move into the crypto mining business, securing a lucrative hardware deal with the MXC Foundation #MXC to sell the highly sought after M2 Pro Miner. Prior to launch, the MXC Foundation was flooded with orders for their M2 Pro. The miner boasts high-returns, low-power energy consumption,
Quantum computing is still something the public mostly imagines as a part of a popular sci-fi franchise, yet the benefits, principles, and mass adoption of quantum computing have been discussed in scientific circles for over several decades. It’s a common known fact that technological progress speeds up exponentially, thus we
Bitcoin (BTC) reached $12k after being rejected at the threshold two weeks ago. Traders are becoming more optimistic that the crypto asset will hold the key level this time. Bitcoin has reached $12k for four times since August 2, 2020, but changing the crucial resistance level to support has been
