The founder of blockchain platform Neo, Hongfei Da, discussed the importance of next-generation internet at Unitize. Most of today’s internet landscape is controlled by a countable few tech oligarchs such as Facebook, Tencent and Alibaba, according to Hongfei Da, the founder of blockchain platform Neo. During the Unitize blockchain conference, Hongfei said that these companies […]
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Seven-day average hash rate passes 123.4 EH/s for the first time as network fundamentals defy bearish price action. An essential Bitcoin (BTC) metric has hit a new all-time high as miners pledge ever more computing power to securing the network. Data from various resources including Blockchain confirms that on July 6, Bitcoin’s seven-day average hash […]
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Dogecoin has surged almost 20% this week, possibly due to a viral TikTok challenge that encourages users to get rich should the coin’s price hit $1. Crypto asset Dogecoin (DOGE) has leapt 18% in 24 hours and almost 20% over the past week. The price action is happening against the backdrop of a viral TikTok […]
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Blockade Games’ much-delayed blockchain RPG Neon District has announced a move to Matic Network, following the presumed collapse of the initial choice, Loom. The much-delayed blockchain role-playing game Neon District will be launching on Ethereum layer-two scaling solution Matic, according to a recent announcement. Neon District developer, Blockade Games will also move several of its […]
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DeFi tokens like COMP may have been responsible for the increasing number of DApp developers utilizing the Ethereum blockchain in Q2. Decentralized finance (DeFi) applications on the Ethereum blockchain surged in the second quarter of 2020 as the daily transaction volume reached an all-time high in June. The 2020 Q2 Dapp Market Report published by […]
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The US Securities and Exchange Commission voted on amendments to rules governing the processing time for companies applying for listings. The United States Securities and Exchange Commission (SEC) announced it would be streamlining the application process for investment companies, potentially resulting in expedited crypto and blockchain firms operating in a “more efficient and less costly […]
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Ethereum co-founder Gavin Wood spoke at the Unitize conference on July 6 regarding blockchain governance in the Polkadot project. Gavin Wood, the co-founder of Ethereum and Parity Technologies, says crypto-economic systems act like “nation-states” of the internet, running on governance as a type of parliamentary democracy. Wood joined the Unitize conference on July 6 to […]
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Record surges in regulated Bitcoin options market volume signals increasing interest and participation from institutional investors. A CryptoCompare report published on July 6 has closely analyzed monthly trends in the cryptocurrency exchange market and found that crypto derivatives volumes have begun to taper off after peaking this May. Crypto derivatives volumes dropped 35.7% in June […]
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Users will need to install their own testnet validators to continue using the network. Although Telegram has terminated its blockchain project, Telegram Open Network (TON), in May 2020, the TON test net has been apparently running for almost one year. In a July 6 update, the official TON development group on Telegram announced that it […]
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Cosmos, Polkadot, and Terra have announced “Anchor.” In a special announcement made at the Unitize conference on July 6, Cosmos, Polkadot, and Terra revealed a new DeFi savings product called Anchor that aims to offer dependable interest rates on stablecoins deposits. The companies involved in the creation of Anchor plan to launch it across their […]
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