Technology

The six-day period from 29 September to 4 October saw LUNA’s price rally significantly. In the aforementioned timeframe, the alt’s value managed to appreciate by close to 50% from $33 to $49.5. Post that, however, corrections set in, and LUNA shed close to 30% of its value. The altcoin did pump again on 19 andContinue reading “Is it worthwhile for HODLers to wait for LUNA’s breach of $50”

2021 has been a year of both milestones and controversies for Tether [USDT]. In October, Tether crossed $70 billion in market cap, pushing it into the list of the market’s top five cryptocurrencies. And yet, with the Evergrande debt crisis and the CFTC’s scrutiny, the Hong Kong-based stablecoin had to deal with FUD about its holdingsContinue reading “Tether to test AML compliance platform after $41M penalty and FUD”

Twitter CEO Jack Dorsey’s affinity to Bitcoin is well documented, with the exec frequently espousing the cryptocurrency on his platform. Not only through his tweets, but also integrations with the cryptocurrency. After introducing the tipping, a feature that lets users tip influencers on  Twitter through Bitcoin Lightning on iOS devices last month, the platform maybeContinue reading “Twitter may test Bitcoin Lightning tipping feature for Android”

If you want crypto but don’t have the cash to spare, you still have something to give in exchange: your eyeballs. Or more specifically, your biometric data. This is the premise of Worldcoin, a new crypto project that wants everyone to have some of its WDC. But to make sure that recipients don’t come backContinue reading “Eye-scan crypto, Worldcoin criticized as ‘MLM Ponzi business model’”

A new alt coin on the block is catching eyes – almost literally. Worldcoin co-founder Sam Altman wants to fuse blockchain and biometrics so those who allow their eyes to get scanned are rewarded with Worldcoin [WDC]. At press time, the price of Worldcoin [WDC] was $0.07004. The project’s aim is to on-board as many people asContinue reading “‘Don’t catalogue eyeballs’ is Snowden’s response to Worldcoin”

The month of October has been reasonably good to most of the market’s coins. Bitcoin registered its all-time-high this month while Ethereum and other large cap alts have been making higher highs on their respective charts. Oracle coins have, however, not been able to fare that well, despite the broader bullish sentiment prevalent in theContinue reading “What do DeFi tokens and oracle-tokens like Chainlink have in common”

The DeFi space has seen its own share of ups and downs over the last few months. May’s crash was brutal for tokens from this space too, but they somehow managed to sail through and recover in time. COMP has, however, been one token that has desperately been trying to inch back to its previousContinue reading “Going by the numbers: Has Compound been able to live up to expectations”

Following the lead of Ethereum‘s EIP-1559, Binance Smart Chain (BSC) has introduced a new proposal. One that intends the blockchain should adopt a real-time fee-burning mechanism. The BEP-95 aims to decentralize the blockchain even further, while also increasing the valuation of the chain’s native token – Binance Coin. The proposal recommends that a part ofContinue reading “Binance proposes new fee burning mechanism for BSC”

The last few days have been quite rough for Cardano. Just recently, ADA lost its third position on the rankings board to BNB. Since then, its price has mostly continued to shed value. Bitcoin and Ethereum, on the other hand, have registered upticks of 12%-16% in the last 7 days alone. Given the low correlationContinue reading “Is Cardano finally catching up with Bitcoin, Ethereum’s uptrends”