Avalanche [AVAX] developers recently pushed a new upgrade named AvalancheGo@v1.8.6. This version is backwards compatible with v1.8.0, which is optional but recommended by developers. Apart from the launch of this new update, several positive developments have happened in the AVAX community lately. These have added value to the blockchain. AVAX’s price also corresponded to those developments,Continue reading “Avalanche: Investors may want to watch out for AVAX after reading this”

California Governor Gavin Newsom has vetoed a bill that sought to license and regulate crypto. Assembly Bill 2269 was introduced by AssemblyMan Timothy Grayson. However, the bill was subjected to heavy criticism by the crypto community. The bill, when passed on 30 August, had full majority and received 71 yes votes, zero no votes inContinue reading “Are governments all for flexibility when regulating crypto? The answer is…”

Uniswap [UNI] broke into the top cryptocurrencies held by the top 100 Ethereum [ETH] whales lately. According to prominent whale tracker, WhaleStats, UNI, shook off competition from other smart contracts protocol to gain the position.  Additionally, the automated liquidity protocol was also part of the smart contracts most used by the top 1000 ETH whalesContinue reading “Uniswap: Why Ethereum whales are not the agents needed for a ‘twist of fate’”

Dogecoin [DOGE], one of the most popular memecoins, was recently back in the limelight as it registered promising gains over the last seven days. DOGE’s performance was just behind the current leader XRP, as its value grew by 5% in 24-hours. At press time, DOGE was trading at $0.06606, which is a 9% seven-day increase.Continue reading “Rejoice DOGE investors! Your wish for better days may be granted “

Ethereum’s [ETH] co-founder, Vitalik Buterin, recently commented about the king of altcoin’s next steps. While attending the 2022 Messari mainnet event virtually, Vitalik said that the surge was the next move after its successful translation to Proof-of-Stake (PoS). Meanwhile, this was not the first time the crypto head mentioned the surge. On the day ofContinue reading “Ethereum founder announces ‘forge ahead’ steps but ETH…”

After months of waiting, Terra Classic [LUNC] developers finally rolled out the 1.2% tax burn protocol. The rollout did manage to attract the interest of the crypto community. Furthermore, several exchanges came in support of LUNC by implementing the burn off-chain.   However, the crypto community was majorly interested in finding out Binance’s stand on thisContinue reading “Terra Classic: This crypto exchange CEO endures the heat of LUNC’s 1.2% burn “

A new faction of creditors have emerged in the Celsius [CEL] bankruptcy saga. Shareholders or investors with equity in the crypto lender have staked their claim for the bankruptcy payouts. Furthermore, these investors also filed a motion in the ongoing bankruptcy case.  Celsius has temperatures rising Milbank LLP, filed a motion in the ongoing bankruptcyContinue reading “Celsius has temperatures rising as parties claim priority over lost equity”

A U.S. District Judge recently issued an order with regards to taxation paid on cryptocurrencies. The Judge authorizing Internal Revenue Service (IRS) to seek information related to American taxpayers who don’t report or pay taxes on cryptocurrency transactions. John Doe and crypto transactions As per the press release, U.S. Attorney’s Office, U.S. District Judge PaulContinue reading “Crypto profits going unreported? Here’s why you may be on the IRS radar “

U.S.-based crypto exchange Coinbase is in the news again. And this time, the exchange faces a lawsuit filed by Veritaseum Capital LLC over an alleged patent infringement. The lawsuit, which was filed in the U.S. District Court in Delaware, claims that Coinbase infringed a patent held by Reggie Middleton, founder of Veritaseum Capital.  The allegationsContinue reading “What the SEC’s 2019 statement has to do with Coinbase’s $350 million lawsuit”

The much-awaited 1.2% tax burn was implemented on the Terra Classic [LUNC] blockchain recently. Thus, giving massive hope to investors for the token’s revival. Though the protocol received much support from multiple crypto exchange platforms, including KuCoin, LUNC’s price did not correspond accordingly. Moreover, just a day after the roll out, it was announced thatContinue reading “LUNC’s 1.2% tax burn may lead to a brighter future, what about the present”

Solana [SOL] has joined the league of blockchains that have done over a billion transactions. According to the information from its official website, the SOL ecosystem was able to reach the milestone, thanks to the power of 2,011 validator notes. Also, these transactions were completed in an average of 3,448seconds. However, this landmark might notContinue reading “The state of Solana [SOL] after this 100 billion breakthrough”

It’s raining new users for the Algorand [ALGO] chain following its partnership with FIFA. Recall that the world governing body and the DeFi blockchain had agreed to collaborate on the idea centered around digital collectibles. Now, Algorand has made its promise true. As of 22 September, Algorand announced that it was launching the “FIFA PlusContinue reading “Algorand investors may need to lower expectations despite ALGO’s 4x surge”