Avalanche9000 goes live on testnet, unlocks $40M rewards for builders

A nonfungible token (NFT) can be both a representation of a physical or digital asset that only exists on the internet — a programmable piece of art. It provides ownership of an underlying asset, like a painting, and it can also represent a digital asset in the form of a software code. Therefore, I like…

Decentralized exchanges (DEXs) first appeared in the cryptocurrency industry in 2014, allowing users to trade a wide number of assets peer-to-peer.However, the first iterations of these platforms could be difficult to use. But, since their inception, developers have worked to make them easier and more accessible for users.Decentralized exchanges work by using smart contracts to…

The remarks from the regulator's chief fintech officer could see the city-state lose its perception as one of the most crypto-friendly countries in the world. 442 Total views 5 Total shares Singapore’s financial regulator and central bank has pledged to be “brutal and unrelentingly hard” on any “bad behavior” from the cryptocurrency industry.The comments come…

San Francisco-based tech firm Chia Network has released a green paper that describes an eco-friendly means of mining cryptocurrencies.The green paper provides a description of how proof of space and proof of time create a "Nakamoto-style" consensus algorithm for Chia’s blockchain. Specifically, Chia proposes to “farm” rather than mine to verify blockchains that issue cryptocurrencies,…

Ethereum puts in two USD all-time highs in a day, but in BTC terms, it still has a long way to go. 22450 Total views 56 Total shares Ether (ETH) set a second all-time high on May 12 as the largest altcoin continued on its way to what analysts say will be $5,000.ETH/USD 1-hour candle…

The FSC will reportedly “make institutional supplements that will take a balanced approach to blockchain development, investor protection and market stability" on bills proposed. 191 Total views 6 Total shares The chair of South Korea’s Financial Services Commission said the regulator plans to expedite its review of 13 bills pending in the country’s National Assembly…

Terra Luna's former co-founder, Do Kwon, who lost $11 million in the bet, is currently wanted by Interpol and is reportedly hiding in Serbia. 983 Total views 11 Total shares Own this piece of history Collect this article as an NFTApproximately one year prior, on Mar. 14, 2022, cryptocurrency trader GiganticRebirth (GCR) invited the then…