From a developmental point of view, this past week was a great week for the Chainlink Blockchain. On 7 June, the Network published a roadmap and initial implementation of staking within the Chainlink network which “is to give ecosystem participants, including node operators and community members, the ability to increase the security guarantees and userContinue reading “Chainlink: Despite good news all around, why is LINK having such a tough time”

From the look of things, the MimbleWimble Extension Blocks (MWEB) implemented on Litecoin’s Network have failed to provide the much-required succor for the Network’s LTC token. The MWEB upgrade was implemented to enhance the user experience by providing users the option to make confidential transactions on the Litecoin network. So what went wrong? Since theContinue reading “Litecoin’s MWEB was going to aid a rally but is now getting delisted – what’s going on”

As the date for the launch of its long-awaited Vasil Hard Fork draws nearer, the software company behind the Cardano Project, Input-Output Global (IOG), yesterday announced the launch of its permission-less Ethereum Virtual Machine (EVM) sidechain alpha on the testnet. According to it, this will allow developers and builders alike to build their Solidity-based applicationsContinue reading “Cardano [ADA] on-boarding solidity-based apps will have this effect on the network”

Payment giant Mastercard, recently announced its partnership with The Sandbox and other non-fungible token (NFT) marketplaces. The partnership was entered into “bring its payments network to Web3”. According to the publication confirming the partnership, Mastercard stated that the marketplaces with which it entered into partnership were Immutable X, Candy Digital, The Sandbox, Mintable, Spring, NiftyContinue reading “Will the ‘The Sandbox x Mastercard’ partnership generate positive returns”

As the cryptocurrency market embarks on another round of capitulation, an era of touching newer lows appeared to have been ushered in for most altcoins. Yesterday, the market capitalization for the global cryptocurrency market dropped to $1.19 trillion, from an all-time high of $3.08 trillion in November, 2021. In the last 24 hours, an 8%Continue reading “Ethereum Classic [ETC] and why it is one of the worst hit large cap coins”

As the price of Bitcoin [BTC] begins to touch its January 2021 lows, the majority of the market is motivated by fear. Players in the market have now commenced massive distribution of the coin to salvage their investments. However, many who believe in the intrinsic value of Bitcoin, still hold the token in anticipation ofContinue reading “Bitcoin: Why this investment expert believes BTC could touch highs of $250k”

The Helium Network [HNT] is a decentralized wireless network built around an open-source and standards-compliant wireless network protocol (WHIP) on a purpose-built blockchain. It has a native token known simply as HNT. As per a recent blog post titled “Helium Chapter 2,” Helium Network has now announced its model expansion, one which is directed atContinue reading “Is there really enough ‘Helium’ to send HNT’s price soaring”

As the rest of the cryptocurrency market traded flat during trading hours on 10 June, Polkadot (DOT) saw some growth in its price. The DOT token registered an intraday high of 5% during trading hours. However, another look at the token’s performance in the last 24 hours revealed that it proceeded to shed the accruedContinue reading “With Polkadot [DOT] suffering a bull trap on the charts, here’s all you need to know”

Curve Finance is an automated market maker platform that is primarily designed to accommodate liquidity pools that contain similarly behaving assets, primarily stablecoins, or wrapped versions of similar assets. Simply put, it is a decentralized exchange (DEX) for stablecoins. The governance token for the DEX is regarded as Curve DAO Token (CRV). With a TotalContinue reading “Curve Finance [CRV]: Despite humdrum price action, is there hope for a recovery”

Famous for providing users with regular updates on activities on its network, yesterday, the Near Protocol in a Twitter thread, whilst informing members of its June Town Hall Meeting, highlighted the growth the network recorded over the course of the last year. According to the post, the Protocol stated that it was headed towards registeringContinue reading “NEAR Protocol: Despite showing network growth, why is its token ‘NEAR’ the bottom”

In a recent publication titled the “May 2022 market recap and outlook”, Kraken, a leading cryptocurrency exchange in the United States provided interesting insights into the performance of some metaverse tokens in the month of May.  According to the report, a major highlight for the month of May was the fact that with a YoYContinue reading “Report: MANA, SAND, AXS, APE, GMT lead crypto game with…”

As people continue to run from Terra’s Luna Classic token [LUNC] and its accompanying stablecoin, UST, recent data from CoinMarketCap showed that even more people are running towards it. Following the 9 May incident that led to the depegging of the UST stablecoin and the collapse of Terra’s LUNC, a hard fork was implemented thatContinue reading “LUNC: Decoding what growth in number of unique addresses could mean for investors”