The blockchain network is an avenue for investors to earn rewards by staking and validating transactions. The rewards can be a handful as investors earn more cryptos from staking because investing their funds there is profitable. Transactions worth $140 million have been tracked to have taken place involving the Ethereum staking contract from two anonymous … Read more
The past few weeks have been trying times for the world’s leading cryptocurrency as the market instability it has experienced has become its main feature for some time now. As the price of the BTC is currently valued at a little below $38,000, analysts have issued cautions stating that the increasing large-scale economic impact and … Read more
The going has not been good enough in the last few days for the world’s leading cryptocurrency, Bitcoin, as the on-chain activity data shows consistent losses for holders, making them more likely to dump their tokens to buyers. According to cryptocurrency and blockchain analysis firm, Glassnode, there is a chance of a bearish market trend … Read more
Another planned upgrade is expected on the OpenSea network as plans are underway to take the system to a new level by updating existing features to boost efficiency. One of the leading NFT marketplaces, OpenSea, is on the verge of upgrading its smart contracts to allow users to move their NFT collections to a new … Read more
The BNB chain may have experienced a drop in its network activity for some time now. Still, the consistent fraudulent activities within its network call for great concern among its users and in the crypto industry. After a series of notorious security breaches on DeFi networks and rug pulls that happened back in December, it … Read more
After what seems like waiting forever for answers to the eager request from cryptocurrency users about the option of using crypto as payment, the CEO of Uber has spoken about the rideshare company’s position on this and that they will soon begin accepting digital coins as payment. But, how soon this will be is not … Read more
Despite holding most of their portfolio in stablecoins, whales have now shifted their attention to MATIC tokens as an alternative way to spread their expanding portfolios. According to WhaleStats, whales from the top 500 of the Ethereum blockchain recently took a plunge by buying a million dollars’ worth of MATIC tokens, currently selling at a … Read more
We must provide greater direction and confidence to the industry for cryptocurrency to flourish and prosper, Josh Gottheimer said. Josh Gottheimer has proposed legislation that allows the FDIC to support stablecoins in a way comparable to fiat investments. Gottheimer’s Bill According to Gottheimer’s suggested legislation, stablecoins supplied by authorized deposit accounts or select nonbank issuers … Read more
After the previous incident, where a white hat hacker noticed a bug in Cardano’s blockchain network, Cardano plans to double the bounty rewards for subsequent hacking, effective through March 25th, 2022. The Cardano Foundation announced the increased bounty reward today, stating that it has incentives to encourage white hat hackers to do more in finding … Read more
There appear to be challenging days ahead for cryptocurrency investors as they strategize ahead of an impending rate hike, according to renowned analytics firm Glassnode. The analysis released by Glassnode shows investors in the Bitcoin blockchain hedging out to keep them afloat and secure against the imminent hike in interest rates to be carried out … Read more
