Without any sign of gas fees on Ethereum being less of a pain to users, the fees continue to be a hot topic, and a driving force and tailwind for so-called Layer-1 competitors such as Solana and Avalanche, both of whom boast much lower fees. As Ethereum gas fees stir some frustration among its users, … Read moreEthereum gas fee tokens poor performers, Ponzi accusations
Joseph Lubin, the co-founder of Ethereum development team ConsenSys, teased the possibility of a MetaMask token during a Twitter exchange. MetaMask is a browser extension that enables access to the Ethereum ecosystem. It acts like a “lite wallet” for storing ERC-20 tokens allowing users to access services, including dApps, built on the Ethereum chain. In … Read moreConsenSys co-founder tantalizes the possibility of a MetaMask token
Nervos today announced that “Godwoken,” the first EVM-compatible Layer 2 blockchain in the network’s multi-layer roadmap, is now in mainnet beta. Starting today, developers can apply to be part of Nervos as it aims to become the next major DeFi ecosystem in the blockchain space. Godwoken, our EVM compatible Layer 2 blockchain, is now live … Read moreDevelopers can now port their Ethereum dApps to Nervos as ‘Godwoken’ goes live
If everything goes as planned, we can expect to see Wrapped XRP (wXRP) on Ethereum blockchain before the end of the year, according to an announcement made by Wrapped.com, a cross-chain wrapped assets service provider. XRP to be on Ethereum blockchain by December The announcement revealed that the Wrapped XRP (wXRP) would be backed 1:1 … Read more‘Wrapped’ XRP is coming to the Ethereum (ETH) blockchain
High-end real estate developer Prometheus International sold two luxury properties on the island of Madeira for Cardano totaling €4.1 million ($4.7 million). Madeira is an autonomous region of Portugal comprising four islands about 430 miles off the northwest coast of Africa. It is known for its mild climate and exotic vegetation, making it a tourist … Read moreLuxury homes in Portugal worth $4.7 million paid for in Cardano (ADA)
Amun, a leader in DeFi index products, announced this week the launch of the Polygon Ecosystem Index (PECO) token, as per a release shared with CryptoSlate. Amun is excited to announce the launch of the Polygon Ecosystem Index (PECO)—a single token that captures the best native projects on @0xPolygon. We are celebrating the launch with … Read moreNew Polygon Ecosystem Index (PECO) lets you bet on the performance of Polygon (MATIC) projects
Terraform Labs, the South Korean company behind the blockchain project Terra (LUNA), continues focusing on advancing the developer activity on the network. Meanwhile, the true impact of the network’s cardinal upgrade, dubbed Columbus-5, is yet to unravel, as the launch of Inter-Blockchain Communication (IBC) protocol and Wormhole support for Terra approaches. 160 more projects on … Read moreOver 160 projects will launch on Terra (LUNA) early next year
There is a very well-known saying made famous during the California gold rush: “During a gold rush, promote shovels.” This phrase indicated that there are more innovative methods to capitalize on a rising enterprise without immediately competing with the alternative gold miners. Since the crypto bull market in 2017, many innovators in the crypto industry … Read moreTrading crypto? Here’s how to decide between CEXs or DEXs
While the new generation of Shiba Inu dog breed-inspired cryptos continues breaking the charts, the meme coin hype unravels as an influencer-dependent, community-driven market phenomenon. Flokinomics, one of the newer Dogecoin (DOGE) knockoff tokens, which started trading following Musk’s recent tweet, pumped another 1,008% in the past 24 hours, according to CoinGecko’s data. As the … Read more‘Dogefather’ does it again: Why are ‘petcoin’ meme cryptos off the leash?
It is no longer news that South Korea is looking to start taxing crypto gains from 2022, however, the Asian country’s minister of Economy and Finance Hong Nam-ki has revealed that the proposed crypto tax law will not be applicable to non-fungible tokens (NFTs). The minister made this revelation while speaking at the National Assembly’s … Read moreSouth Korea will not tax NFT gains even as it moves to tax crypto income
Institutional crypto asset manager Grayscale has announced its new investment in two different digital assets: high-speed blockchain Solana and DeFi protocol Uniswap. This was contained in a recent release concerning its quarterly rebalancing of funds. Grayscale invest in Solana and Uniswap According to Grayscale, the rebalancing of funds would lead to the reduction of its … Read moreGrayscale announces investments in Solana (SOL) and Uniswap (UNI)
XRP and Chainlink (LINK) led gains among large-cap cryptocurrencies this morning as the broader market surged over the weekend, data from multiple sources shows. As such, the market gained billions of dollars—a continuation of an uptrend in place since early August. XRP jumps XRP reached a high of $1.33 at press time, gaining over 6% … Read moreXRP, Chainlink (LINK) lead large-cap gains as crypto markets jump
