Category: Technology

MicroStrategy is reportedly creating an enterprise software product focused on Bitcoin

Enterprise business analytics maker MicroStrategy is reportedly building a software product focused on corporate Bitcoin strategies, two recent job postings suggested. The firm had previously picked up over $1.5 billion worth of Bitcoin in 2020—and now spends significant efforts in evangelizing the rising asset class. MicroStrategy is building its first #Bitcoin software product, focused on…

February 15, 2021
Synthetix (SNX) ‘Bellatrix’ update makes “shorting” easy for DeFi users

Yesterday saw the launch of an easy “shorting” provision for users of the DeFi app, shooting the prices of its token by 11%. You can now short on Synthetix Decentralized finance app Synthetix (SNX) saw the deployment of the “Bellatrix” update yesterday, as per a release. The update opens up newer on-chain capabilities for users.…

February 5, 2021
20 Ethereum ERC-20 tokens will be coming to Tezos (XTZ) DeFi in Q1 2021

On the 2nd of February, Bender Labs tweeted about their new whitepaper here. In the whitepaper it was stated that V1 of the Wrap Protocol, a new protocol to help bring Ethereum assets over to Tezos DeFi via wraps will launch in quarter 1. The whitepaper stated the whitelisting of 19 ERC-20 Ethereum assets that can be…

February 5, 2021
Sky High Bitcoin and Ethereum Fees: While Prices Jump the Cost to Transfer Follows Suit

While a number of digital currencies have seen price gains the two leading crypto assets, bitcoin and ethereum have seen transaction fees skyrocket. For instance, data shows that the median fee for a bitcoin transaction is $8.58, while the median fee is $9.35 when spending ether. Meanwhile, the average transaction fee for both networks has…

February 4, 2021
Today’s Mary hard fork will bring Cardano one step closer to Goguen

Mary, one of the two hard forks set to transition Cardano from Shelley to Goguen, is scheduled to take place at 20:00 UTC today. The long-anticipated hard fork will finally bring native asset support to Cardano, a move that will unlock decentralized finance on the network. Native asset support coming to the Cardano testnet later…

February 3, 2021
Today’s Mary hard fork will bring Cardano one step closer to Goguen

Mary, one of the two hard forks set to transition Cardano from Shelley to Goguen, is scheduled to take place at 20:00 UTC today. The long-anticipated hard fork will finally bring native asset support to Cardano, a move that will unlock decentralized finance on the network. Native asset support coming to the Cardano testnet later…

February 3, 2021
Stablecoin Tether gets minted on Solana blockchain for the first time

The USD pegged stablecoin has been minted on the high-speed blockchain months after announcing Solana as an issuer. USDT comes to Solana Tether, the US dollar-pegged stablecoin, has just been minted on the Solana blockchain, data from its blockchain explorer showed. The move came months after Solana was chosen to be an issuer of USDT.…

February 3, 2021
Polkadot (DOT) has set out to solve the problem of fast innovation

One of the most decentralized networks in the world, Polkadot created a spark that ignited the blockchain revolution and the switch towards more community-oriented protocols. We explore what’s behind the network that calls itself a “chain of chains” and wants to disrupt the way people innovate with blockchain technology. Polkadot is an exercise of blockchain…

February 3, 2021
Kenetic co-founder purchases .NFT domain extension for $84K

“The possibilities of the NFT domain are endless,” said Jehan Chu.

February 2, 2021
Algorand (ALGO) is now bringing music to the booming DeFi industry

The high-speed blockchain will be used to power an upcoming platform that connects investors with music artists. Turning to Algorand The Algorand blockchain will be utilized on Opulous, an upcoming music service and payments protocol, CryptoSlate learned in a release today. Opulous is a peer-to-peer platform to help increase artists’ access to capital without the…

February 2, 2021