Coinspeaker Global Digital Cluster Coin (GDCC) Is Now Available on LBank Exchange LBank Exchange, a global digital asset trading platform, listed Global Digital Cluster Coin (GDCC) on January 27, 2023. For all users of LBank Exchange, the GDCC/USDT trading pair is now officially available for trading. With its new-age protocol and peer-to-peer network, Global Digital […]
QI Blockchain Ecosystem: The Fastest Growing Ecosystem in the World
Coinspeaker QI Blockchain Ecosystem: The Fastest Growing Ecosystem in the World The last decade witnessed the tremendous rise of the world of blockchain, with several industries employing it for enhanced security and ease of transactions. Blockchain was intended to be a revolutionary idea, and so far, it has achieved that purpose. There have been considerable […]
LayerZero bridging protocol denies accusation of ‘critical vulnerabilities’
LayerZero is the protocol used by Stargate bridge, which has over $382 million locked in its smart contracts. Summa founder James Prestwich has accused the $382 million LayerZero bridging protocol of hosting a “critical vulnerability.” According to a Jan. 30 post by Prestwich, this vulnerability “could result in theft of all user funds.” LayerZero CEO […]
Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?
Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers? There are rumors that Dogecoin could switch from proof-of-work to proof-of-stake (PoS). Do I know if Dogecoin is switching to PoS? No. Do I think it’s going to PoS? Probably not. But I love […]
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs
The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan portfolio will continue to decrease as the company has discontinued new loan […]
Lighting network provider Strike expands to Philippines
Send Globally, a remittance service on Bitcoin Layer 2 scaling solution provider Strike Lighting Network, will be available in the Philippines starting Jan. 31. The country has a remittance market of $35 billion, which is one of the world’s largest. Strike has partnered with Bitcoin payments firm Pouch.ph in the Philippines to deliver its Lighting […]
As Bitcoin rallies after FTX collapse, 25% of supply is held between $15.5k and $23k
Definition UTXO Realized Price Distribution (URPD) shows at which prices the current set of Bitcoin UTXOs were created, i.e., each bar shows the number of existing bitcoins that last moved within that specified price bucket. Quick Take Up to 20% of all Bitcoin supply is in high profit, from $686 to $15,000. The next band […]
Orbeon Protocol (ORBN) Could Match Cardano (ADA) And Solana (SOL) In Profits
Due to the prolonged global beer market, lots of crypto traders and investors have had to abandon big projects like Bitcoin (BTC) and Ethereum (ETH) for fear of the unknown. Their fear is simple: they already lost money, so they don’t want to continue losing their hard-earned money. Most of these investors and traders are […]
Kin Foundation Launches ‘Kinetic’, A Low-Code Solana On-ramp Tool
The Kin Foundation, the blockchain development group behind Kin Labs and the Kin Ecosystem, has announced the launch of Kinetic, its flagship middleware (integration ramp/tool) that’s built off of the Solana ecosystem. Kinetic can be described as a “no-code” app that would help developers (yup, even those without prior extensive experience) to “easily integrate cryptocurrency […]
Cronos Labs to accept second cohort for $100M-backed Web3 accelerator program
The program aims to provide selected projects with upfront seed funding of $30,000 in addition to mentoring, masterclasses and support from industry experts. Blockchain startup accelerator Cronos Labs has announced the opening of applications for its second cohort of the $100 million-backed Cronos Accelerator Program. The program, which begins on April 24, 2023, will last […]