Technology
Two-and-half-year-olds aren’t expected to do much in real life, but that isn’t the case in the crypto sector. In fact, a project under development for 2.5 years is now making headlines across the industry after its ‘rags to riches’ story ended with a lucrative strategic investment round. A crypto fairy tale? Having won in oneContinue reading “Astar Network to raise $22 million, funds to go towards enhancing interoperability”
By Sahana VenugopalRobinhood, the stock platform largely credited with bringing trading to everyday users, has reported its fourth quarter earnings. What’s more, there are plenty of intriguing takeaways for crypto traders as well. Not “Robin” investors of drama In its Q4 and full year report, Robinhood recorded a rise in cryptocurrencies stating, “Cryptocurrencies for the quarter increasedContinue reading “Robinhood quadruples quarterly earnings from crypto trading, fails to meet targets”
By Sahana VenugopalCrypto crime can be a controversial subject, as the often unregulated nature of the asset makes it easy to accuse investors and entrepreneurs of money laundering – while missing out on real scammers and criminals. That said, Chainalysis’Â new report shines a light on crypto crime trends in 2021, revealing a number of surprises. Scrubbing outContinue reading “Chainalysis report reveals $8.6 billion in crypto laundered in 2021, more than 2020”
By Sahana VenugopalBitcoin, the largest cryptocurrency recently gathered some strength to push outside the resistance zone. At press time, BTC surged more than 4% to reach the $37.7k mark. This might sound decent however, the king coin suffered major blow from its previous ATH, $64k last year. Indicators still signal at a bearish trend concerning BTC. FearContinue reading “On-chain metrics point to early stage bear market, but Bitcoin HODLers seem unfazed”
By Shubham PandeyA reported vulnerability on the NFT Marketplace OpenSea means a user may have made profits in the hundreds of Ether. Here’s what you need to know. Don’t ape this PeckShield Alert shared the details of a “front-end issue” on OpenSea, one which allegedly let an exploiter earn at least around 332 Ether. It appears thatContinue reading “As users gather information about alleged vulnerability exploit, OpenSea stays silent”
By Sahana VenugopalA lot of coins and tokens took a hard fall during the latest crypto-market crash as investors sadly stared back at the evaporated all-time-highs. However, one token’s market cap fell by around 80%, prompting some to accuse it of being a Ponzi scheme. And yet, Olympus DAO has responded to OHM’s fall in its ownContinue reading “Olympus DAO’s OHM down 97.97% from ATH; Can project’s 12-month action plan help?”
By Sahana VenugopalWhich is better in the NFT space? To be a fresh, trending project in its hype-filled starting days, or a powerful name with a devoted community? Some on-chain insights from IntoTheBlock attempted to answer the question and unpack the truth behind the first mover advantage when it comes to NFTs. New, and with a greatContinue reading “Do on-chain insights show if it’s better to be a new NFT project or a traditional success”
By Sahana VenugopalLittle more than a week before the global launch of China’s CBDC, a neighbouring country has announced the “successful” completion of a CBDC pilot. CBDCs over Flowers According to The Korea Herald, South Korea has reportedly completed the first phase of a CBDC test to investigate issuing and distributing the digital currency. Now, with phaseContinue reading “Days before Beijing 2022, cautious South Korea completes first phase of CBDC pilot”
By Sahana VenugopalCoin developers and founders know all too well the siren-like allure of CoinMarketCap. Or more specifically, the crypto ranking website’s “Biggest Gainers” section where it’s common to see tokens rallying by more than 500% or even 1,000% in the space of 24 hours. On a day when Bitcoin is floundering, it can be heartening toContinue reading “As rugs are pulled and tokens fight to be top gainers, is CoinMarketCap due a policy update?”
By Sahana Venugopal