Author: hotcrypto
The wait is over as FireZard finally announces the drop of their first NFT (non-fungible tokens) collection with over 60 hand-drawn pieces of ZARD dragons! FireZard has just announced the launch of its NFT drop to be the first play-to-earn (P2E) trading card game on Binance Smart Chain. The world of non-fungible tokens and blockchain gaming has seen immense growth and progress towards mainstream adoption in 2021. Recently, the movement picked up steam as more and more celebrities and brands like Eminem and Cucci jumps on the hype train to purchase premium digital collectibles. One project that has recently caught…
Everything you need to know about assets, brokers and platforms.Crypto doesn’t have to be confusing. Get up to speed with the basic principles, and give your investments a boost:What are cryptoassets?Cryptoassets have grown in popularity in recent years, and have become a popular investment option. These assets are in the form of “coins” or tokens that enable you to trade currency and other assets digitally. They use decentralised technology – where no one person or entity controls the platform – to make secure payments and store money. Cryptoassets can be volatile, and it’s not uncommon to see big percentage fluctuations…
Shiba Inu (SHIB), which witnessed a price and popularity spike in 2021 (the dog-themed meme coin topped the Coinmarketcap index of most-viewed crypto coins in 2021), was battered in the last seven days with its price falling 32 per cent. In comparison, the global crypto market cap lost 25.24 per cent over the same period. As of January 24, 2022, it was trading at $0.00002042, down 8.73 per cent in the last 24 hours. Let’s understand the meme coin in a bit of detail. What Is SHIB? SHIB is a popular dog-themed meme cryptocurrency that was launched in August 2020 by a…
Grayscale Investments, which manages the Grayscale DeFi Fund and Grayscale Digital Large Cap Fund, has added 25 digital assets, including tokens for a number of high-profile DeFi and metaverse protocols, to a list it keeps of potential investments, the company said in a Monday blog posting. This news is republished from another source. You can check the original article here
Ethereum Name Service (ENS) is taking initial steps towards adopting Ethereum Layer-2 support. With Layer-2 support users with .eth domain names, or new users looking to register a .eth domain name, will be able to transact paying less for gas fees and with shorter settlement times.While registering a .eth domain name by itself is quite affordable for most people, Ethereum gas fees to do the involved transaction tend not to be.Announced by Nick Johnson, Lead Developer at ENS, in a tweet thread, ENS has the first version of an implementation of ENS off-chain resolution, based on ENS Improvement Proposal ENSIP…
The ongoing drama between two projects built on the Cardano (ADA) blockchain escalated across multiple social media platforms Monday, much to the dismay of the ADA community.The issues began in April when accelerator program CardStarter announced it would launch its own decentralized exchange or DEX. Shortly thereafter, its founders incentivized investors to provide liquidity for the project on Uniswap in exchange for native CSWAP tokens. The platform’s developers landed an agreement with a third-party DEX called SundaeSwap sometime later, marketing the deal as a “merger” last June. As per the agreement, CardStarter would no longer develop its promised DEX, and would…
The bears are firmly back in control of the Bitcoin cash price and are pushing for a break of the trend line support. Bitcoin Cash (BCH) is fighting to regain upside momentum on Tuesday following Monday’s 3% decline. The crypto is trading at $560.40, a seven-day decline of 10% and -6% in November. There are currently 18.9 million coins in circulation, which a market cap of $10.6 billion, ranking BCH the 22nd-largest cryptocurrency behind Algorand (ALGO). Like many cryptocurrencies, BCH followed Bitcoin and Ethereum higher at the start of the month. However, unlike BTC and ETH, which reached new highs,…
Increased regulatory scrutiny has impacted a number of crypto exchanges over the last 12-months. Regulatory activity has seen a marked pickup in recent weeks, however. The increase in activity and chatter has led to a number of strategic hires across the crypto sector. Strategic Hires Across the Crypto Sector Binance (BNB), among the world’s largest crypto exchanges, has been particularly active in recent months. Directly impacted by regulatory activity, there has been plenty of news of Binance making strategic hires across its global footprint to manage regulatory risk. Binance has faced a number of testy moments with regulators in the…
The Ethereum Foundation recently released an update on rebranding the terminologies used to distinguish between the proof-of-work chain and the proof-of-stake chain. To avoid future confusion, ETH 1.0 and ETH 2.0 will be known as the “execution layer” and “consensus layer” respectively. The upcoming upgrade where the two layers will merge is scheduled tentatively in June 2022. Ethereum will be moving away from ETH 1.0 and ETH 2.0 as the protocol undergoes significant changes. Core developers on the network are referring to the stages on the blockchain as the “execution layer” and “consensus layer.” Ethereum undergoes rebranding The Ethereum Foundation…
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