Metaplanet rallies 10% as it scoops Bitcoin for third time in 2 months

In recent weeks, talk of hotdogs, sushi and yams has infiltrated the crypto industry. Such references, however, are not as they seem and actually relate to assets in the decentralized finance sector of crypto. Over the course of 2020, DeFi has seen bubble-esque speculatory levels based on projects that may or may not hold long-term…

Animoca Brands buys streaming platform for blockchain games Hong Kong Web3 gaming giant Animoca Brands (The Sandbox, Revv, Phantom Galaxies), has acquired blockchain-powered streaming platform Azarus for an undisclosed sum. Built around the slogan “streams are not TV,” Azarus allows users to livestream their gameplay while using tokens for incentives and rewards. Animoca Brands says

Cosmos-native layer-1 blockchain Canto has become the latest chain to migrate to Ethereum as a layer 2 zero-knowledge rollup, after another layer-1 blockchain, Astar, announced similar plans moving from the Polkadot ecosystem to Ethereum. Canto is a permissionless general-purpose blockchain, which is Ethereum Virtual Machine (EVM)-compatible with aims to onboard the traditional financial sector to

“Blockchain is not just a buzzword here, it legitimately enables something that used to be impossible.” 4082 Total views 18 Total shares A Latvian artist going only by the name of Kiwie has announced their intention to release more than a thousand nonfungible tokens that represent real-world street art.According to a statement from Kiwie, the…

Bitcoin (BTC) miners are sending record amounts of BTC to centralized crypto exchanges.In a June 27 tweet, on-chain analytics platform Glassnode reported an all-time high in Bitcoin miner revenue sent to exchanges.Percent of miner revenue sent to exchanges. Source: Glassnode.It noted that there was currently an “extremely high exchange interaction,” from Bitcoin miners which had…

Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize. 270 Total views 2 Total shares Plunging cryptocurrency prices are not the only consequence of this week’s FTX-induced crypto contagion. Significant market volatility this week induced by the collapse of the FTX exchange has impacted stablecoins…

A group of global coffee companies aims to launch a blockchain platform to track coffee using an IBM-developed app by early 2020.Building on IBM Food Trust PlatformFarmer Connect, a tech startup developing farm-to-client traceability tools, has teamed up with the world’s top coffee firms such as Jacobs Douwe Egberts (JDE) and Smucker to apply blockchain…

While Cardano and Polkadot are extending their staking dominance, Tezos has plummeted from the top ten by staked capitalization. 2406 Total views 31 Total shares The stakes have been upped for Cardano and Polkadot, with the two networks continuing to dominate the staked capitalization rankings.According to data from StakingRewards, Cardano is currently the top blockchain…

On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States. 459 Total views 10 Total shares The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital currency. According to an announcement from