Chainlink debuts new protocol aimed at boosting cross-chain interoperability
The Cross-Chain Interoperability Protocol will make cross-chain smart contracts more interoperable across nine blockchain networks.
Related Posts
EigenLayer rolls out 'major update' to restaking contracts
The upgrade aims to enhance rewards for restakers.
Blockchain Technology: A Remedy for De-Globalization?
The outbreak of the COVID-19 pandemic has profoundly impacted the world both economically and socially, serving to aggravate political tensions while driving nationalist protectionism. Despite the full extent of the pandemic being not yet fully known, COVID-19 has reignited a conversation among media and academia regarding the fate of neoliberalism and globalization.If we were to…
Ashton Kutcher’s Terrible Artwork Lives on as NFT After Incineration
Celebrity Ashton Kutcher has digitized and incarcerated a drawing that will be auctioned on NFT marketplace Cryptograph to support ecological charities. An ‘artwork’ doodled by famed That 70s Show star Ashton Kutcher has been digitized and will be auctioned on the new non-fungible token (NFT) and digital art marketplace Cryptograph.The auction will raise funds for…
Stablecoin supplies and cash reserves in question amid crypto exodus
The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week. 196 Total views 5 Total shares Cryptocurrency investors and traders have cashed out $7.7 billion from the stablecoin Tether (USDT) resulting in its market capitalization falling by 7.8% over the past seven…
On-chain metrics hint at a bearish outlook for Bitcoin
Bitcoin on-chain analysis is showing more short-term holders registering losses, and they are statistically more likely to sell according to Glassnode. 679 Total views 5 Total shares Blockchain analytics provider Glassnode has depicted a bearish scenario for Bitcoin as on-chain metrics suggest increased selling pressure is imminent.In its weekly analytics report on Feb. 21, on-chain…
Ethereum price resistance at $1,750 could reflect traders’ anxiety over the Shanghai upgrade
The price of Ether (ETH) declined 9.8% between Feb. 19 and Feb. 25 after the price resistance at $1,725 proved stronger than expected. Still, the correction was insufficient to break the 6-week-long ascending channel and did not cause Ether derivatives metrics to turn bearish.Ether (ETH) price index in USD, 1-day. Source: TradingViewEther's price resilience can…
Price analysis 7/10: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
Bitcoin has been struggling to rise and sustain above the $31,000 level for the past few days, but Standard Chartered has painted a bullish picture for this year and the next. In a report, the bank said that Bitcoin (BTC) could reach $50,000 this year and stretch the rally to $120,000 by the end of next year.Large…
How Zero Interest Rates in the US Will Impact Stablecoin Adoption
We are living through interesting times. At the time of writing, roughly half of the world’s population is on lockdown, with 90 countries in various forms of confinement and the pandemic crashing global stock markets.Although we’ve seen some relief in certain parts of the world, the pandemic is far from over, and there is a…