Chainlink, the widely-used decentralized oracle network, released its ‘2.0’ whitepaper yesterday in a move that sent LINK surging by 10%. The whitepaper described “hybrid smart contracts” and other mechanisms to make Chainlink’s oracles even more useful and resilient. Oracles are third-party tools that fetch data from outside to blockchain to within, as blockchains, by design, […]
Crypto exchange Binance burns nearly $600 million worth of BNB
Crypto exchange Binance ‘burned’ over $594 million worth of its own BNB token today, in a move that marked the largest ever burn that the exchange did. But it wasn’t a case of Binance trying to pump its own coin (by decreasing supply) or setting money on fire. The ‘burn’ mechanism is an integral part […]
Dogecoin pumps 200% to become 5th largest crypto, and no one knows why
Meme currency Dogecoin (DOGE) is probably a joke no longer, if today’s price run and market cap is anything to consider. The meme coin doubled its value in a single day in a price surge that left nearly everyone surprised. It trades over $0.35 at press time, reached a high of $0.45 earlier today, and […]
Former SEC Director who led Ripple action lands new role at Ethereum law firm
According to news outlet Bloomberg, Marc Berger, who stepped down from his role at the US Securities and Exchange Commission (SEC) in January, will join New York-based Simpson Thacher in June. Berger was instrumental in bringing legal action against Ripple on allegations of selling an unregistered security in the XRP token. A key point throughout […]
Inside the Chainlink 2.0 whitepaper—the 7 updates you should know
Decentralized oracle platform Chainlink unveiled its whitepaper 2.0 yesterday, making improvements and update to seven aspects of its network. Oracles are third-party tools that fetch data from outside to blockchain to within, as blockchains, by design, are immutable stores of data but cannot automatically verify the authenticity of that data. Chainlink helps solve that issue […]
The 5 best decentralized VPNs for data privacy
Spearheaded by Deeper Network, here are the 5 hottest blockchain-powered projects out in 2021. Online privacy has been a growing concern since the proliferation of social media and centralized networks. Moreover, there have been reports of mass surveillance conducted by governments around the world, a claim that is supported by several reputable news media outlets. […]
1 million crypto traders see nearly $10 billion in liquidations
Traders saw nearly $10 billion in liquidations on Sunday morning as the crypto market saw a deep pullback, data from markets tool Bybt shows. Over 1 million individual accounts were liquidated. aftermath of today pic.twitter.com/ujSlotcglr — red (@redxbt) April 18, 2021 Wooosh ‘Liquidations’ occur when traders borrow excess capital from brokerages/exchanges (i.e., ‘margin’ or trading […]
Dogecoin Price Soars High, Will DOGE Price Reach $1 in Q2-2021?
The post Dogecoin Price Soars High, Will DOGE Price Reach $1 in Q2-2021? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Dogecoin, a cryptocurrency started in 2013 as an internet meme, has risen in value just like the virtual currencies Bitcoin and Ethereum this week. According to CoinGecko, Dogecoin price a […]
XRP Price Analysis: Bulls Stay in Position, Reinforcing Ahead of Fresh Strike
The post XRP Price Analysis: Bulls Stay in Position, Reinforcing Ahead of Fresh Strike appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide After hitting yearly highs near $2, the next indication of price movement on XRP/USD may emerge from the battle between Ripple and the US Securities and Exchange Commission. XRP/USD […]
Litecoin Poised to Follow Dogecoin Path to the Moon!
The post Litecoin Poised to Follow Dogecoin Path to the Moon! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide In only one week, the meme cryptocurrency has risen from $0.05 to more than $0.30 cent. Dogecoin’s demand is skyrocketing as cryptocurrency becomes increasingly common around the world. DOGE price increased by […]