Increasing adoption along with a burst in DeFi activity has led to cryptocurrency transactions being at an all-time high. This has inadvertently resulted in the congestion of the most popular network, Ethereum. This has in turn led to the rise of layer-2 scalability solutions such as Polygon that offer lower transaction time and cost. Naturally,Continue reading “Polygon proposes UNI integration, ready to allocate ‘significant amount of capital’”

Mainstream institutional and retail adoption of cryptocurrencies has been on the rise over the past couple of years. However, ground realities indicate that a major lag in acceptance still exists within major institutions. Financial institutions are lagging behind in providing customers with B2B cross-border payment options in cryptocurrencies, according to a new study. The report,Continue reading “Study finds only 10% institutions support cross-border B2B payments via crypto”

Its been a hard year for Ripple, with the cryptocurrency and blockchain company facing legal action from the United States Securities and Exchange Commission along leading to many users and crypto companies in the country breaking their ties with the company. Despite these setbacks, Ripple seems to be more popular than ever, with its dailyContinue reading “XRP prices suppressed due to SEC lawsuit, strong fundamentals driving interest”

Exciting as the world of DeFi and smart contracts may be, its complexities can often prove to be obtrusive in the mass adoption of the decentralized web. Although, the growth of the ecosystem has resulted in the emergence of several protocols aimed to remove these barriers. Mainly by simplifying the process of accessing dApps andContinue reading “MetaMask records over $200 million YTD in revenues, surpasses SushiSwap, Curve”

It’s the season for Ethereum Layer-2 protocols, with many of them seeing massive adoption and capital inflows in recent times. With their increased assimilation into the mainstream, cryptocurrency exchanges have had no choice but to go multichain in a bid to attract and retain users. Popular cryptocurrency exchange Crypto.com on 19 November announced that itsContinue reading “Crypto.com adds Polygon support for Ethereum deposits and withdrawals”

At a time when speculative joke-coins like Shiba Inu and Floki Inu are being listed by top exchanges, others are being delisted for issues regarding security and compliance. The world’s eighth-largest cryptocurrency exchange Kraken has dropped top privacy coin, Monero. They cited regulatory compliance as the reason behind the delisting. Reddit users shared an emailContinue reading “Kraken to delist Monero, cites regulatory compliance issues in the UK”

Arbitrum One core network has now been fully integrated by Binance, the cryptocurrency firm announced earlier today. This has paved the way for Ether withdrawals on Arbitrum One Layer 2, which is a scaling solution for the Ethereum network. Arbitrum One is the beta mainnet of a layer-2 optimistic rollup protocol that enables off-chain EthereumContinue reading “Binance integrates Ethereum Layer 2 scaling solution, Arbitrum One”

Cryptocurrency has received mainstream acceptance from both retail and institutional investors over the years. However, digital currency had a hard time making inroads with skeptical politicians worldwide. The largely unregulated industry has irked many governments and politicians. As a result their reactions to the industry ranges from banning or restraining the market, to confidently expressingContinue reading “Hillary Clinton wants ‘nation-states to start paying greater attention to the rise of cryptocurrency’”

Despite regulatory pushback, cryptocurrency exchange Binance and its various regional entities have proven to be significantly successful businesses. However, once you get the taste of growth, the only direction to move is higher up. Even with a profitable year, it is no secret that Binance US has been eyeing an IPO for a while now.Continue reading ” Binance eyeing IPO, to raise a ‘couple hundred million’ in funding”

The mainstream acceptance of cryptocurrencies has translated into many traditional payment channels opening their doors to the new asset class. Big-scale payment providers such as Visa and Mastercard and digital payment platforms such as Paypal have begun adding crypto support. However, these massive integrations did not take place in a vacuum and were result ofContinue reading “Paypal eyes Ethereum, Polkadot, Solana, Algorand and NFTs”

It’s raining cryptocurrency ETPs in Europe. In a recent development, crypto ETP issuer 21Shares AG has announced the listing of three additional crypto ETPs on the SIX Swiss Exchange. The firm, which is the largest issuer of physically-backed cryptocurrency ETPs worldwide, has chosen Polygon, Avalanche, and Algorand tokens to be tracked by these ETPs. Interestingly,Continue reading “21 Shares launches Polygon, Avalanche, Algorand ETPs on SIX Swiss Exchange”

Ethereum [ETH] will soon feature on TIME Magazine’s balance sheet as part of the publication’s partnership with crypto-investment firm Galaxy Digital. The partnership is aimed at educating its readers about the metaverse through a newsletter dubbed “Into the Metaverse.” Furthermore, the popular media publication stayed “true to its crypto and Web3 focus” by carrying outContinue reading “After Bitcoin, Ethereum next to feature on TIME Magazine’s balance sheet”