The decentralized finance protocol OlympusDAO collaborated with Balancer to set up OHM as a liquid asset within the latter’s network. CopperLaunch and PrimeDAO will facilitate the front end of the Liquidity Bootstrapping Pools (LBPs) by adding OHM as a collateral token. The Specifics of The Project According...
Intel – the world’s second-largest semiconductor chip manufacturer – appears to be planning a Bitcoin mining chip reveal. At this year’s ISSCC conference, the organization has a presentation scheduled under the “Highlighted Chip Releases” category to showcase a “Bonanza Mine” processor. The Bonanza Mine Processor As reported...
Bitcoin is currently testing a crucial support area holding the price for the past several weeks. The next days or even hours will likely determine which direction BTC will head to in the short term. While a bullish reversal is probable if the level holds, there...
Moody’s Investors Service recently claimed that El Salvador’s Bitcoin trading activity is boosting the nation’s risk of default. Like most other groups to speak out against the experiment, President Nayib Bukele publicly disregarded their opinion. Moody’s Take On El Salvador The ratings agency discussed El Salvador’s Bitcoin-related...
Animoca Brands has raised $360 million in a fresh round of funding. As such, the valuation of the Hong Kong-based company has doubled since October 2021 to $5.5 billion. The latest round of investments was led by Liberty City Ventures along with Winklevoss Capital and Soros...
Leading cryptocurrency exchange Coinbase has teamed up with payment processing giant Mastercard to simplify purchasing non-fungible tokens. According to an official blog post today, Coinbase is planning to make it easier for newcomers to join the booming NFT market by employing a similar strategy as it...
Quantum-resistant Layer 1 hybrid blockchain platform, QANplatform, has announced the launch of its public TestNet, making it the first Ethereum compatible quantum-resistant blockchain platform. World’s First Quantum-Resistant Blockchain According to a press release shared with CryptoPotato, users can now add the QAN TestNet to MetaMask and transact...
[PRESS RELEASE – Bangalore, India, 17th January 2022] Since its launch in 2021, Unmarshal has continued to look for ways to improve its ecosystem to provide the best services to existing blockchains. Now in 2022, the DeFi network has added a key advisor, Brian D. Evans,...
Umar Farooq – Chief Executive Officer of JPMorgan’s digital asset unit Onyx – put his name next to those who believe the cryptocurrency industry is “here to stay.” He also opined that bitcoin has started evolving since it was “kind of rolling along slowly” during...
The chancellor of the Exchequer, Rishi Sunak, believes cryptocurrencies have the capacity to provide exciting new opportunities for residents in the United Kingdom. However, some misleading advertisements might be obstacles. Crypto Offers New Opportunities According to Sunak, cryptocurrencies offer people new ways to transact and profit through...