Author: hotcrypto
DIA is the first oracle provider to integrate its oracle infrastructure with the Astar Network, running in the Polkadot Relaychain. The oracle deployment will facilitate DeFi applications on Astar to easily connect to the outside world data. The open-source data provider DIA announced today the integration of its decentralised oracle infrastructure with the Astar Network, running in the Polkadot Relaychain. This oracle deployment will facilitate DeFi applications on Astar to easily connect to the outside world data via DIA’s trusted oracles. Astar Network, previously known as Plasm, is a dApp hub on Polkadot that supports Ethereum, WebAssembly, and layer 2…
A 15 year old whose NFT art sales over the past year are now worth more than $1 million breaks down how he did it Fortune This news is republished from another source. You can check the original article here
Hedera – a distributed public ledger for Web 3 dapps – recently voted to buy the intellectual property rights for the hashgraph consensus algorithm from Swirlds, Inc., one of the Hedera Governing Council’s founding members. Furthermore, the project will be shifting to an open-source code model this year. Hedera’s Decentralization Plans According to a press release shared with CryptoPotato on Wednesday, the transition to open-source will take place under the Apache 2.0 license. Up until now, Hedera has used an “open review” method, meaning that code was viewable for public scrutiny, but not editable. Furthermore, Hedera plans to dissolve its…
Dallas Mavericks owner Mark Cuban has once again shown his love for Dogecoin (CRYPTO: DOGE) over apex cryptocurrency Bitcoin (CRYPTO: BTC). What Happened: Cuban agreed with a comment by a Twitter user that Dogecoin and its knockoff coins are the “gateway drug” to Bitcoin. https://t.co/zSuqwrV9Bf — Mark Cuban (@mcuban) January 18, 2022 A gateway drug refers to an introductory drug whose use is thought to lead to the use of more severe drugs over a period of time. Other Twitter users responded to the tweet by showing their support for either Dogecoin or Bitcoin. One Dogecoin supporter said he would…
Welcome to PYMNTS’ series on nonfungible tokens (NFTs), the newest craze in cryptocurrency. We’ll be looking at every part of the NFT craze sweeping the worlds of art, video games, social media, fashion and sports. When it’s finished, you’ll have a solid grasp of the basics of NFTs — what they are, how they work, what they are going to be used for, what their drawbacks are, what you need to be aware and wary of, and why people are paying so much money for them. See also: What Are NFTs and Why Are They Crypto’s Newest ‘Next Big Thing?’…
What happened Three of the most-watched crypto projects, Chainlink (CRYPTO:LINK), Cardano (CRYPTO:ADA), and The Sandbox (CRYPTO:SAND), are each underperforming the market today. While cryptocurrencies overall have appreciated 0.4% over the past 24 hours, as of 11 a.m. ET these three tokens have dropped 2.5%, 3.7%, and 3.1%, respectively, over the same time frame. Chainlink has been a poor performer of late, now down approximately 16% over the past week. As an oracle network driving interoperability solutions, Chainlink serves an important function. However, investors appear to be targeting specific projects, rather than those viewed as the “plumbing” of the crypto sector, today. On the other hand,…
At press time, ADA was trading near $1.36, a 10.6% fall in the last 24 hours. Scaling tool Polygon’s MATIC token fell 6%, even as the network implemented Ethereum’s fee-burning mechanism, which will destroy MATIC tokens, making its supply deflationary. Solana’s token SOL, Binance token BNB and ether each fell over 2%, while bitcoin traded 1% lower near $41,200, according to CoinDesk data. This news is republished from another source. You can check the original article here
Users can now earn DeFi yields on their Dogecoin (CRYPTO: DOGE) holdings by depositing their assets on THORChain’s (CRYPTO: RUNE) decentralized liquidity network. What Happened: On Jan. 17, THORChain unveiled support for DOGE in a newly launched liquidity pool. In 24 hours, the DOGE liquidity pool had amassed liquidity of $3.8 million and a total volume of $9 million. Liquidity Cap was raised for the $DOGE launch. The pool is now $3.8M deep. Cap is now at 94%, get in before the cap is reached again! $RUNE #RAISETHECAPShttps://t.co/IqjgoWvBh2 — THORChain #DOGEFI (@THORChain) January 19, 2022 The liquidity pool allows users…
salarko/iStock Editorial via Getty Images We are value investors, which puts us in scant company in crypto where a lot of strange things go on. While much of crypto is fueled by get-rich-quick fervour, where realities of long-term demand like utility and scalability go often ignored, there are ways to play the crypto phenomenon that are more traditional. Thanks to our data science capabilities, and actual hands-on experience coding smart contracts (albeit simple ones), we do recognise that there is a certain elegance and genius underlying the mechanisms of blockchain and the ideal that the networks that make commerce could…
Crypto related job postings with titles containing terms like “bitcoin,” “ethereum,” “blockchain” and “cryptocurrency” grew 395 per cent in the US from 2020 to 2021, outpacing the wider tech industry — which saw a 98 per cent increase in listings during the same time period, according to a recent LinkedIn report. It should be noted that while most of the job postings were in software and finance, other industries are also seeing a rise in demand for crypto talent. These include professional services like accounting and consulting, as well as the staffing and computer hardware sectors. According to LinkedIn news,…