The blockchain can now see its environment. The Polkadot team released on Wednesday a major milestone for its Substrate blockchain framework, which now provides a way for blockchain applications to interface with the outside world without relying on external oracle providers. Substrate is the name used for Polkadot’s blockchain building framework. It provides developers with […]
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Bitcoin’s realized capitalization has soared above its 2017 record high, but Ethereum’s has struggled to reclaim its former highs Crypto market data aggregator Glassnode has published data indicating that Bitcoin’s (BTC) realized capitalization has increased by more than 50% since tagging its all-time high of $20,000 at the end of 2017. The realized capitalization metric […]
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Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees. Decentralized finance (DeFi) protocols are racing to implement Layer 2 scaling solutions as Ethereum gas fees skyrocket and the network struggles under the demand. Popular DeFi platforms including Uniswap, Aave, and Synthetix are gettin closer to rolling out […]
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Bitcoin and altcoins are at risk of a deeper correction if they do not rise above their immediate resistance levels soon. According to survey data from crypto asset insurance firm, Evertas, institutional investors believe that clearer regulations and better infrastructure in terms of trading, reporting, and custodial services will increase their participation in the crypto […]
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Their belief seems to be that Bitcoin is destined to appreciate unless these key indicators reverse themselves. According to the Bloomberg crypto newsletter, a key on-chain indicator suggests that Bitcoin (BTC) is currently greatly undervalued. Bitcoin active addresses, the 30-day average. Source: Glassnode. Bloomberg’s crypto analyst Mike McGlone believes that the recent all-time highs in […]
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The move is intended to prevent “laundering” cattle from sanctioned farms. Major meat processing company JBS S.A., has repeatedly come under fire for allegedly contributing to the illegal deforestation of the Amazon rainforest. They are now using blockchain technology to create a unique solution to the problem. According to a Sept. 23 report from Reuters, […]
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The crypto space continues to build frameworks to supplement DeFi’s rising star. Keeping pace with the rapidly developing decentralized finance, or DeFi, niche within the crypto industry, major crypto exchange Binance has called on blockchain auditing company CertiK to beef up its platform’s security. “The rapid innovation and experimentation of DeFi is what makes it […]
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Social media sentiment for Bitcoin has slumped to two year lows which is good for those wanting to go against the crowd. On-chain analytics provider Santiment asserts that Bitcoin and crypto assets tend to bounce when social sentiment indicates there is a lot of fear, uncertainty and doubt, which suggests that now is a buying […]
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Despite Yam’s first post-relaunch rebase executing successfully, its developers are planning many more changes to the protocol. Yam, the decentralized finance (DeFi) sector’s original food-themed clone protocol, has successfully completed its first rebase since its V3 relaunch. Yam’s relaunch on September 18 followed the spectacular failure of Yam V2 last month — where a bug […]
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‘We can liquidate it any day of the week, any hour of the day,’ said Michael Saylor. Michael Saylor has said that all $400 million of business intelligence firm MicroStrategy’s Bitcoin reserve holdings could be liquidated at any time. In a Sept. 22 interview, Saylor told Bloomberg that although “volatility isn’t really a reason to […]
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