Tag: Cryptoslate
Blockchain
Uncertainty looms over future of Ethereum layer 2s after Proof-of-Stake goes live
Ethereum 2 (Consensus Layer) is set to take a significant step forward as the Merge testnet goes live around June 8 The post Uncertainty looms over future of Ethereum layer 2s after Proof-of-Stake
Blockchain
Report: DEXs on-chain transaction volume surpasses that of CEXs
Decentralized exchanges (DEXs) have seen higher on-chain transaction volumes than centralized exchanges (CEXs) since 2020, Chainalysis’ new report reveals The post Report: DEXs on-chain
Blockchain
PayPal adds new crypto functionalities and allows transfers from wallets and exchanges
PayPal started to support the native transfer of Bitcoin, Ethereum, Bitcoin Cash, and Litecoin to and from other wallers and exchanges The post PayPal adds new crypto functionalities and allows
Blockchain
LUNA 2.0 falls by 77% in 14 days as Do Kwon takes Twitter account private
Two weeks after Terra’s ecosystem restarted through LUNA 2 airdrop, the coin has seen its value plummet to new lows after its price dropped by 77% The post LUNA 20 falls by 77% in 14 days as
Blockchain
Checkout.com starts offering merchants 24/7 settlements via USDC
Checkout dot com, an online payment service provider, has rolled out a stablecoin settlement solution using Fireblocks’ new crypto payment technology that allows merchants to accept or make
Blockchain
Crypto cannot fulfil ‘social role of money’ due to fragmentation: BIS
Blockchains have “inherent limitations” that lead to fragmentation, which means crypto is unsuitable as a means of payment, economists at Bank for International Settlements (BIS) said in
Blockchain
Bitcoin prints second ‘Bart’ pattern in a week to bottom at $29,200
Bears took control at approximately 01:00 (GMT) on June 7 to sink the Bitcoin price The post Bitcoin prints second ‘Bart’ pattern in a week to bottom at $29,200 appeared first on
Blockchain
The future of NFTs in the web3 economy
As the world eagerly explores new ways to shape an exciting future for humanity, blockchain innovation is setting precedence in all sectors of human activity by laying the groundwork for the future
Blockchain
Why is the Fed tracking the price of eggs in Bitcoin?
Economist  Turr Demeester tweeted that it’s “wild” that the St The post Why is the Fed tracking the price of eggs in Bitcoin appeared first on
Blockchain
Circle announces USDC is arriving on Polygon
Circle, the issuer of USDC, announced that it will support Polygon USDC on Circle’s payments platform starting today, making Polygon USDC the first bridged USDC version and allowing developers
Blockchain
Investors flock to Bitcoin as Ethereum records 9 consecutive weeks of outflow
Digital assets investment products saw $100 million in inflows during the week of May 30 as investors pumped money into Bitcoin, according to the latest CoinShares report The post Investors flock to
Blockchain
Hong Kong classifies NFTs as financial asset, mandates licensing
Hong Kong’s Securities and Futures Commission (SFC) recently published an advisory paper that recognized NFTs as “collective investment schemes” rather than collectibles The post
