Utrust, a cryptocurrency payments startup based in Lisbon, Portugal. Merchants are becoming more receptive to cryptocurrency settlements. Elrond, an Ethereum competitor boasting 100,000 transactions per second throughput, has agreed to acquire Utrust, a cryptocurrency payments startup based in Lisbon, Portugal. The transaction details have been withheld. Early this year, the
Zug, Switzerland, 18th January, 2022, Chainwire Autonomy Network, an off-the-shelf decentralized automation protocol, has officially integrated its AutoSwap dApp with Trader Joe on Avalanche, following its successful integration with the PancakeSwap on Binance Smart Chain (BSC). AutoSwap is the first ever dApp to offer limit order, stop loss, impermanent loss
OlympusDAO, a decentralized reserve currency, is officially associated with Balancer, leading DeFi protocol. Through this partnership, OlympusDAO will initiate its own token $OHM as a liquid asset within the Balancer ecosystem. Interestingly, Balancer is a DeFi protocol built on the Ethereum blockchain which offers innovative solutions to fix the issues
Crypto.com activates back the addresses. New security protocol added over the previous 2FA. Introduces a time wait of 24 hours for new whitelisting and it’s first withdrawal. Ever since the continuous hacks took place upon the Crypto.com platform, the team immediately set towards the rectification of the issues. Usually, in
The meteoric rise of blockchain technology in the past decade is nothing but spectacular. Bitcoin’s rise coupled with the growth of smart contract chains is enticing every global industry to try its hand at blockchain technology. Its decentralized, transparent and secure nature sees blockchain technology offer industries, companies, and governments
Meme-currencies are being accepted as payments by major entities. Despite high fees from Ethereum, it accounts for 13% of all BitPay transactions in 2021. According to BitPay, altcoins adoption is surging more than Bitcoin. As per the recent hike of cryptocurrencies around the world, their adoption among people has seen
EIP-1559 may stabilize it in the face of demand shocks. EIP-1559 will reduce spam transactions and relieve network congestion. MATIC tokens may now be burned in real-time thanks to EIP-1559, which Polygon has implemented. Ethereum sidechain network, Polygon has launched EIP-1559 or the “London Hardfork.” At 2:48 a.m. UTC, the
OpenSea achieves ATH of $3.5 Billion for the current month till date. January 16, 2022 witnesses ATH of $261 million a day. Bored Ape Yacht Club (BAYC) owes a lot for this record. The world’s largest and global Non Fungible Tokens (NFT) market place, the OpenSea usually delivers such astounding
Crypto.com suffered a hack on January 17, 2022. Officially declares no funds were lost. DOGE founder Billy Markus thrashes Crypto.com being irresponsible for the hacks occurred. Seems there never goes a day without a hack or a scam upon the crypto industry! And so true to the fact, the global
As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help
