If Blockchain was an animal, consensus protocols would be its skeleton. As an indispensable part of any decentralized network, a consensus protocol is responsible for the validation of transactions by...
Tag: crypto news
Tron’s Decentralized USD Stablecoin Continues to Slip From Dollar Peg – crypto.news
USDD, the Tron-backed algorithmic stablecoin, is still struggling to regain its dollar peg, which it lost on Monday. Short Sellers Hit Tron Trouble started brewing in the Tron ecosystem on June 13 whe...
Galaxy Digital CEO Mike Novogratz Says Crypto is Closer to Bottom Than Stock
Mike Novogratz, a famous American crypto proponent and founder of crypto investment firm Galaxy Digital, believes that the crypto market is closer to the “bottom” than the U.S. stock market. Ethereum ...
Pros and Cons of Each Blockchain Consensus – crypto.news
While the common consensus mechanisms are PoW and PoS, there are several noteworthy alternatives. Many of these alternatives mix and match components from other encryption and consensus mechanisms. Th...
Collecting Cryptocurrency News And Data On A Large Scale
Since the last decade, the cryptocurrency market has been booming. Several organizations and independent traders have increased their involvement with global finance and market changes. However, as in...
Three Arrows Capital Sells Over 56,000 Staked Ether Amid Growing stETH Discount – crypto.news
Wallets believed to belong to major investment firm Three Arrows Capital (3AC) recently sold off over 56,000 Lido staked ether (stETH) leading to a further decoupling of the price relationship between...
How to Make the Most out of Crypto Dips
Since the start of 2022, the cryptocurrency market seems to have lost quite a bit of its usual enthusiasm. Prices have fallen significantly, yet, as we are close to entering the 3rd quarter, it’s stil...
Amber Group Acquires Celera Markets, Funding Rounds Continue with Nume, ScienceMagic.Studios and Zeeve – crypto.news
Earlier today, the Amber group announced the acquisition of a new project, Celera Markets Limited. Amber Group Acquires Celera Markets A Wu Blockchain tweet stated that, “Amber Group today announced ...
Bitcoin Crash Puts ‘Extremely Minimal’ Fiscal Risk on El Salvador, Finance Minister Says – crypto.news
El Salvador’s finance minister said on Monday that the country’s economy would not be affected by the sudden drop in the value of bitcoin. Despite the criticism from international agencies and the Int...
Announcing Zebu Live! Immerse yourself in London’s growing Web3 scene this September – crypto.news
London, UK, 06th June 2022 – Following the incredibly successful DeFi Live event in November 2021 in London, Zebu Live is the natural evolution of the event as organizers, Zebu Digital double the size...
Crypto.com and BlockFi Cut Staff Strength Amidst Bearish Market Trend – crypto.news
The CEOs of Crypto.com and BlockFi have announced staff reductions in individual statements. The development follows suit with other crypto firms that have also been laying off staff. Staff cut across...
New NFT Collection and the Latest Trends on Bitcoin – crypto.news
Lucky Degens, a new non-fungible token (NFT) collection from Lucky Crypto, is now available in the market. The Jungle Animal Collection and the OG Collection of Lucky Degen NFTs are available in two d...
StreamCoin Launches User Registration Page for STRMNFT Marketplace – crypto.news
Web3-based live streaming platform StreamCoin is all set for the next critical juncture of its 2022 roadmap with the open registration for its STRMNFT marketplace. From May 31 until the end of July, 2...
Exchange to Reduce Workforce by 18% Amid Crypto Winter
As the current bearish trends grow stronger, the leading United States cryptocurrency exchange, Coinbase, said it is planning to lay off 18% of its workforce, representing about 1,100 employees. Coinb...
Romania’s ICI Bucharest Taps Elrond Network to Build Web3 Decentralized Domains and Institutional NFT Marketplace – crypto.news
Romania’s National Institute for Research and Development in Informatics – ICI Bucharest (ICI) today announced it is using the highly scalable and carbon-negative Elrond Network blockchain to build an...
Seven Things To Know Before Investing in Cryptocurrencies (In Bear Markets)
The total value of all cryptocurrencies in circulation has now dropped below $1 trillion. The decline provides an opportunity for convinced investors to allocate funds to the space at cheaper prices t...
Goldman Sachs Commences Trading Ether-Linked Derivative Product – crypto.news
Goldman Sachs has started trading a type of Ethereum-linked derivative. The trade’s counterparty was the London-based firm Marex Financial. Goldman Sachs Introduces a New Derivative Product Goldman Sa...
El Salvador’s Finance Minister Says Bitcoin Crash Will Not Affect Country’s Fiscal Health
El Salvador’s Finance Minister Alejandro Zelaya has revealed that the recent crash in Bitcoin and crypto prices has minimal risk to the country’s fiscal health. El Salvador Records $40M Paper Loss in ...
A Beginner’s Guide to Avalanche Subnet – crypto.news
Avalanche is an impressive L1 in the Web 3 world. With a market cap of 6.74 billion and a TVL of 3.91 billion, it is the 15th cryptocurrency by market cap. Despite its relatively small market cap, Ava...
How to Determine a Trustworthy Stablecoin Bulletproof to Volatility – crypto.news
Stablecoins are a relatively new invention that plays a vital role in fostering crypto adoption by overcoming the barrier of market volatility. The asset class is a subset of the crypto market designe...
Fundraising Round with Atmos Labs, Crypto Market Crash Sets Companies Like MicroStrategy for Losses – crypto.news
Atmos labs, an independent metaverse developer, has raised $11 Million in a seed round. Atmos Labs Raises $11 Million in Seed Round In a press release, Play-to-Earn metaverse developer Atmos Labs ment...
REALM Beta App Set for Release on June 21st (REALM-DAY) at NFT.NYC
REALM, a mobile-first social impact “metaverse factory”, is releasing its mobile app beta on the Google Play Store and Apple App Store on June 21st, or REALM-DAY. Visitors to NFT.NYC will be able to j...
Crypto Market Liquidations Near a Billion Dollars as Bloodbath Continues – crypto.news
In just 24 hours, more than 240,000 individuals have taken up selling positions, with almost a billion dollars liquidated in the crypto market. More than $940 Million in Crypto Liquidated The liquidat...
Interest Protocol Is Powering Capital-efficient Financing with Chainlink – crypto.news
Interest Protocol just came up on the DeFi scene as a capital-efficient means of financing. It has a different combination of part reserves and high collateralization. The choice of Interest Protocol ...
Crypto Entrepreneur Backs Terra Relaunch Amid Skepticism, Says Price Collapse Will Foster Institutional Adoption
Crypto custodian Hex Trust says the recent meltdown of stablecoin TerraUSD (UST) and its sister token Luna will herald more intervention by regulators, paving the way for more asset managers to join t...
Celsius Network Under Liquidation Risk Following BTC Price Plunge – crypto.news
The Celsius network is at serious risk of liquidation if BTC prices plunged below the $22.5k mark. The risk is not completely averted since BTC prices are still in severe bears, which began yesterday....
Binance Resumes BTC Withdrawals After Temporary Suspension
Leading cryptocurrency exchange Binance has resumed bitcoin (BTC) withdrawals after temporarily suspending the service for a few hours. Binance Suspends BTC Withdrawals Earlier today, the exchange an...
Investment Manager SkyBridge Bought the Bitcoin Dip
While crypto investors are panicking about the current bearish trends, global investment firm SkyBridge Capital is buying the Bitcoin dip. According to Anthony Scaramucci, SkyBridge CEO, the investmen...