Ethereum

CargoX, a blockchain company specializing in document transfer solutions, announced a long-term extension to its agreement with the Egyptian government to digitize the nation’s trade flows. Last year, through its 80%-owned entity Misr Technology Services (MTS), the Egyptian government integrated CargoX’s Blockchain Document Transfer (BDT) service for its official NAFEZA single-window trade platform. Usage of the

What is Algorand? Algorand is a blockchain network created in 2017 by Silvio Micali, an MIT professor who won the Turing Award for his work in cryptography. Algorand is a decentralized permissionless blockchain protocol that anyone can use to develop applications and transfer value. The Algorand protocol is powered by a novel consensus algorithm that

The layer-one (L1) ecosystem has received increased attention in recent months as users search for new investment opportunities in the Cosmos (ATOM), Fantom (FTM) and NEAR.  Following January’s market sell-off, where Bitcoin (BTC) price dropped to bottom below $34,000, much of the L1 field has struggled to regain its momentum. Price performance of L1 tokens

What is Solana? Solana is a highly functional open source project that implements a new, permissionless and high-speed layer-1 blockchain. Created in 2017 by Anatoly Yakovenko, a former executive at Qualcomm, Solana aims to scale throughput beyond what is typically achieved by popular blockchains while keeping costs low. Solana implements an innovative hybrid consensus model

Decentralized finance projects like Ren pumped in 2021, only to finish the year right back when they started as high fees on Ethereum (ETH) led to decreased activity for many protocols and DeFi took a backseat to more popular sectors like nonfungible tokens (NFTs).  Now, it appears as though that downtrend is in the process

There is an old saying in traditional markets which is actually more like a trading rule. It goes, “when the trend is negative, one can only be neutral or short,” meaning bet on the price decrease. The problem is that a relief bounce tricks traders into believing that the negative prevailing sentiment has shifted into

UkraineDAO, the decentralized autonomous organization created by Pussy Riot’s Nadya Tolokonnikova, Trippy Labs and PleasrDAO members, crowdfunded 2188 ETH, or $6.1 million, for a 1/1 Ukrainian flag NFT. Proceeds will go to nonprofit organizations in Ukraine that are helping those affected by the Russian invasion. The NFT sale was hosted as a PartyBid auction, allowing people to pool

A group claiming to represent 35 former ConsenSys AG (CAG) employees has requested an audit under the Swiss Code of Obligations to investigate “serious irregularities” they allege occurred at the company during mid-2020. CAG, also known as Mesh, is the company behind top Ethereum-based wallet provider MetaMask and was founded by Joseph Lubin, who is

According to data from Staking Rewards, Terra (LUNA) has flipped Ethereum (ETH) in terms of staked value, with $29.5 billion worth of LUNA locked up compared to Ether’s $25.9 billion. The platform’s data shows that there are currently 226,325 LUNA stakers, making it the second most staked crypto asset with more than four times the

Quick take: ConsenSys is facing a multi-billion audit as a result of 35 shareholders filing a request with Swiss Courts to investigate irregular financial transactions The transactions involve the transfer of intellectual properties and subsidiaries from ConsynSys AG to ConsenSys Software Incorporated (CSI) without the knowledge of the 35 shareholders Joseph Lubin is a major

During its Q4 2021 earnings call late Tuesday, Adam Aron, CEO of iconic theatre-chain AMC Entertainment, briefed the community on the company’s latest crypto adoption efforts. As told by Aron, AMC will start accepting Dogecoin (DOGE) and Shiba Inu (SHIB) “in a couple of weeks.” AMC began accepting online payments for movie tickets via major

A hacking group that infiltrated Nvidia servers last month is attempting to sell software that could unlock crypto mining hash rate limiters on the firm’s flagship graphics cards. A South American hacking group going by the name LAPSUS$ claims to have stolen a terabyte of data from Nvidia servers in late February. The group is

According to an investor presentation published Tuesday, U.S.-based payment solutions provider Shift4 announced its acquisition of The Giving Block in cash and stock for $54 million, plus a potential earnout of up to $246 million. The Giving Block is an online platform that allows over 1,300 nonprofit organizations and charities to accept crypto donations.  As

Calls from the crypto community for Ukraine to accept other cryptocurrencies have been answered. The official Ukraine Twitter account shared that it will now accept donations from Polkadot (DOT), while other cryptocurrencies will soon be added.  The people of Ukraine are grateful for the support and donations from the global crypto community as we protect

On Tuesday, decentralized exchange Uniswap launched an interface that directly converts ERC-20 tokens — such as Aave, Chainlink’s LINK and Decentraland’s MANA — to Ether (ETH). The coins are then sent to the official crypto wallet addresses of the Ukrainian government, all in a single transaction.  In explaining the rollout, Uniswap claimed that the address shared by

Bitcoin (BTC) faced down $40,000 on Feb. 27 as hopes for the weekly close hinged on avoiding a fourth red monthly candle in a row. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tensions mount for TradFi markets open Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making several attempts to break out of the $30,000-$40,000