Author: hotcrypto
Oracles are an important innovation in the blockchain industry, making it possible for real-world data to interact with blockchain-based protocols. Here’s a look at some four different oracle networks in the decentralized oracle space and how they work. The first oracle platform is Chainlink, it works as an intermediary to transfer data between non-blockchain platforms to smart contracts. The ORAI token is governed by the platform’s native token, and it powers the ecosystem by compensating users who participate in the network.Gabriel MangalindanInto tech, AI, startups and blockchainOracles are an important innovation in the blockchain industry, making it possible for real-world…
Source: Akarat Phasura – Shutterstock A newly discovered bug was creating incompatible forks and causing a decrease in chain density. Cardano developer said that it seems they have been “rushing” through the Vasil upgrade but also gave a recovery plan. It’s yet another bad news for the Cardano community as a major bug in the Cardano node has led to the breaking of the Cardano testnet. Prominent Cardano developer Adam Dean updated regarding the same on Thursday, August 18. 🧵 (1/n) It’s important to point out today that the #Cardano #Testnet is **catastrophically** broken due to a bug in Cardano…
Bitcoin Cash (BCH) gets a neutral rating from InvestorsObserver Thursday. The crypto is down 1.1% to $132.88 while the broader crypto market is up 0.33%. Bitcoin Cash has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Bitcoin Cash! Neutral Over the last five days, Bitcoin Cash has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Bitcoin Cash over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can…
While the overall crypto market is facing a downward movement, one of the well-known crypto analysts and strategists is forecasting a massive bull run for two of the altcoins.michael van de poppe michael van de poppe Founder and CEO at eight global Eight Global is led by Michael van de Poppe, the company’s founder, and CEO. He is a cryptocurrency trader who works at the Amsterdam Stock Exchange and is enthusiastic about the role of blockchain in the current financial system. Also, he is an author at Cointelegraph who covers everything about fintech, blockchain, and bitcoin, providing the latest news,…
With all the excitement surrounding the Ethereum merge scheduled for next month, the number of Ethereum Name Service (ENS) addresses created have surpassed the 2 million mark, according to a Twitter post by ENS Domains. See related article: Ethereum will soon turn 7 — and its upcoming ‘Merge’ will be well worth the waitFast factsEthereum Name Service (ENS) domains are secure domain names for the decentralized world.Nick Johnson, the lead developer of ENS, said in a post of his verified Twitter handle: “It took 5 years to reach 1,000,000 names then only 3.5 months to reach 2,000,000!”The extensive adoption can be…
Cryptocurrency still remains a mystical subject for many keen investors in India. While cryptos are slowly gaining recognition from investors and regulators alike, with countries and leading brands adopting it as an official tender, there are still a sizeable number of people who wish to invest in crypto, but aren’t able to closely track breaking and developing news in the sector, which will help them take note of price movements, major sell-offs, and announcements of new blockchain-based developments. This live news blog is here to help. From major market losses to noteworthy declarations, follow this live blog to stay updated…
The central bank of the Philippines, the primary regulator of the country’s crypto sector, has warned investors about engaging with unregistered and foreign crypto service providers. They “may present additional challenges on enforcing legal recourse and consumer protection and redress mechanisms for local customers, among others,” the regulator said. The Philippine Central Bank’s Crypto Warnings The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), issued a public warning Tuesday regarding unregistered and foreign crypto service providers. In the Philippines, the central bank is the primary regulator of the crypto sector. The announcement states: The Bangko Sentral ng Pilipinas…
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped below the $23,000 mark after remaining above the level over the past few days. Ethereum (ETH), the second-most valued crypto, managed to remain stable as its expected September Merge looms on the horizon. Other popular altcoins, including the likes of Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) landed in the red across the board. Among lesser-known coins, Gnosis (GNO) emerged as the biggest gainer in the last 24 hours, as the Oasis Network (ROSE) token turned out to be the biggest loser. At the time of writing, the…
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. As anticipated in the previous article, Shiba Inu [SHIB] snapped the $0.01217-mark after forming a bullish rectangle bottom setup. (For brevity, SHIB prices are multiplied by 1,000 from here on). While sellers showed near-term resistance at the $0.017-mark, buyers would strive for continued growth amidst the recent bullish engulfing candlestick. On the flip side, the sellers could aim to inflict a pullback toward the 20 EMA (red) before a likely rebound. At press time, SHIB traded at $0.01477, down…
VeChain Price Analysis: VET looks Determined to Breakout of the Range, Analysts Say! The Coin Republic This news is republished from another source. You can check the original article here