There are now two different Taproot activation paths embedded in Bitcoin software clients. Here’s what this could mean for the Bitcoin protocol. Taproot, the proposed Bitcoin protocol upgrade for compact and privacy-preserving smart contracts, is getting closer to activation. The Taproot code itself had already been included in the most recent major Bitcoin Core release […]
Willy Woo Analyzes The How And Why Of The Bitcoin Crash
The blockchain community saw the single sharpest one-day drop in hash rate since Nov 2017. The hash rate on the network essentially halved, causing mayhem in Bitcoin price as it crashed. Bitcoin on-chain analyst Willy Woo (@woonomic) has tweeted a thread on the post mortem of the market crash. Woo tweeted: “Chinese miners went offline 3hrs […]
Uniswap V3 to Be Launched: Concentrated Liquidity Is One of the Best Features
Uniswap, a leading DeFi application, is all set to launch Uniswap V3. Uniswap V3 is to be launched with features including concentrated liquidity, capital efficiency, active liquidity, range orders, non-fungible liquidity, flexible fees, and a license to use its open-source code. Concentrated liquidity completely transforms how LPs provide liquidity for AMM pools on Uniswap. Uniswap […]
Latest Drop in BTC Price Raises Concerns for Investors
Taking pride as the pioneer of the cryptocurrency industry, Bitcoin recently faced major turmoil as it recorded a startling plunge of 19% in the price value which eventually resulted in the biggest drop ever since February in the crypto cluster. The Bitcoin market faced a loss of over $10,000 in the distressing sell-off hustle that […]
A London tour guide: What the EIP-1559 hard fork promises for Ethereum
Contrary to popular belief, EIP-1559 does not seek to reduce Ether’s congestion and gas fee issues — so, what is it for? Ether (ETH) has been on a tear recently, with the premier altcoin’s value increasing from $1,800 to the peak of $2,480 since the start of April, showcasing a growth of nearly 30%. This […]
Société Générale Launches Blockchain-Based Structured Product
French financial services giant Société Générale has issued security tokens on Tezos’ public blockchain as part of its ongoing experimentation with cutting-edge fintech applications. Latest Move Reflects Bank’s Efforts to Fold Cryptocurrency Operations Into Its Ecosystem In its latest milestone in the blockchain arena, French multinational bank Société Générale has issued its very first structured […]
SEC Restrategizes Its Approach to Ripple in Ongoing Lawsuit
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PhoenixDAO Choose Kucoin To Help Fuel Next Level Growth
The time has finally come, the team at PhoenixDAO has been working behind the scenes for several months to align their product launch roadmap with a top tier listing. This is a catalyst to bring in a new wave of exposure in alignment with the launch of their first of five flagship dApps, the Events […]
Cardano on Recovery Amidst Plutus and Alonzo Upgrade Buzz
Cardano had experienced a rough patch recently as the valuation of its native coin tumbled down to $1.079454 on Sunday by 03:39 GMT. This translated into a 24.8% loss on the day, which is the biggest since March 12, 2020. The loss in the valuation impacted the total market cap of the network, with the […]
Will Dogecoin Survive this Rally?
Amidst the explosive surge of crypto in the market, the meme-currency Dogecoin recently managed to achieve unforeseen growth. On 16 April 2021, Dogecoin reached the price of 43.77 cents before it gave back some gains on the weekend. The most obvious reason behind Dogecoin’s market surge can be credited to Elon Musk (CEO of SpaceX […]