Dubbed ‘The Internet of Blockchains,’ the Cosmos Network houses several independent interconnected blockchains. Built using developer-friendly application components, the Cosmos Network, unlike other blockchains, allows its developers to create entirely autonomous application-specific blockchains that can easily interconnect. On 28 June, Cosmos Network, in a publication made by a group of Cosmos contributors, informed the usersContinue reading “Cosmos: Will ATOM see upside after this significant ecosystem upgrade”

Founders of the XRP coin have had much to contend especially in the last few months. The token has waded through the bearish waters of the cryptocurrency market. Furthermore, founders of the token have also been locked in a fierce battle with the Securities and Exchange Commission (SEC). SEC had earlier filed an appeal forContinue reading “Ripple filed a letter opposing SEC’s efforts- Here’s everything to know”

Unification Foundation, the team of developers behind Shiba Inu’s [SHIB] Layer 2 solution, Shibarium, announced on 24 June that a public beta is planned for deployment in the third quarter of 2022. Through a proposal published on 19 June, the Shiba Inu ecosystem asked community members to vote on whether or not to halt furtherContinue reading “With Shibarium on the way, can Shiba Inu still walk the bark”

The general cryptocurrency market has continued to reel under increased selling pressure. Despite that on-chain data revealed that some crypto assets had recorded noteworthy growth in the last month. With its Vasil hard fork a few weeks away, the Cardano Project takes the lead as the project with the most developmental activity in the lastContinue reading “Cardano’s ‘deep work’ in spotlight, here’s how you can trade smart”

In the past few months, ‘extreme market conditions’ has grown to become the most heard phrase in the crypto-assets ecosystem. Since the beginning of June, platforms including Celsius, Babel Finance, Voyager Digital, and Finblox have altered their mode of operations owing to the broader market drawdown.  In a ripple effect, On 23 June, Futures cryptocurrencyContinue reading “CoinFlex addresses ‘extreme market conditions’ using this solution”

Over the last few months, most DeFi protocols have struggled with “extreme market conditions” occasioned by the downturn of the general cryptocurrency market. Still reeling under the effect of this bloodbath, Curve Finance, an automated market maker platform, continues to see a decline in its Total Value Locked (TVL). According to data from DeFiLlama, inContinue reading “It’s a Curve-y road to recovery as CRV faces these market effects”

Litecoin [LTC]’s MimbleWimble Extension Blocks (MWEB) upgrade has been trailed by a series of unfortunate events over the last few weeks. As a result of the facilitation of anonymous transactions on cryptocurrency exchanges, the MWEB upgrade led several exchanges to delist LTC. For example, three weeks ago, five cryptocurrency exchanges in South Korea, namely, Upbit,Continue reading “Post MWEB Litecoin [LTC] is climbing, despite this major setback”

On 23 April, the Shiba Inu Ecosystem launched a burning portal, one wherein it began burning SHIB tokens. According to a blog post published by the developers of the Shiba Inu project, the aim behind burning SHIB is to reduce the circulating supply of the tokens, hence, inducing a scarcity that would be capable ofContinue reading “Is SHIB due for a bull run now that 400 trillion tokens are burnt?”

  Lido Finance [LDO], via a Twitter thread, informed community members of the performance of the DeFi Protocol between 17 June and 24 June. According to the thread, Lido recorded a 13% uptick in its Total Value Locked (TVL) within the period in consideration, thus bringing its TVL to $5.22 billion. However, as the rest ofContinue reading “Lido Finance [LDO]: Assessing what went wrong over the last seven days”

BNB Chain, via its Weekly Ecosystem Report, informed community members of the network’s performance between 17 June and 23 June. And according to the report, the key metrics used to track the growth of the chain showed stability “amid volatile market” within the period under review.  However, a comparison with the performance of BNBChain betweenContinue reading “BNB Chain: Some massive gains for BNB on this front despite…”

Leading tech companies including Microsoft, Nvidia, Meta, and Sony have come together with 31 other organizations to establish a Metaverse Standards Forum. The forum aims to “focus on pragmatic, action-based projects such as implementation prototyping, hackathons, plugfests, and open-source tooling to accelerate the testing and adoption of standards, while also developing consistent terminology and deploymentContinue reading “Can the formation of this Metaverse coalition finally do the trick for SAND, MANA”

While technical analysis offers insight into the performance of crypto assets and where the market sentiment lies, ‘buying the dip’ at a specified ‘bottom’ is not always as easy as many people make it out to be. In a newly published report titled “ Whale Watching During the Dip: Where’s the Accumulation Happening?”, analytics platformContinue reading “AAVE: Here’s why the token is in whales’ latest shopping list”