A cryptocurrency whale has moved a whopping $12 billion worth of XRP in a transaction that cost next to nothing to process thanks to the network’s low fees. According to data from the XRP Ledger, a total of $12.3 billion worth of XRP were moved in the transaction that cost 0.000012 XRP, or $$0.0000157 to process. It’s unclear who sent […]

Public, a popular trading app competing with Robinhood (NASDAQ: HOOD) that has already amassed over one million users, has expanded its cryptocurrency offering with the addition of numerous new cryptocurrencies. According to Business Insider, the company now offers 21 cryptocurrencies via its commission-free trading platform, as it has recently listed Solana ($SOL), Terra ($LUNA), Chainlink ($LINK), Uniswap ($UNI), Avalanche ($AVAX), […]

Subsocial (SUB) is organizing a crowdloan auction for its Kusama parachain slot bid. The team says the crowdloan campaign is designed to be simple and transparent Kusama, with 16.5 percent (16.5 million SUB) of the initial total supply of its native SUB tokens allocated to participants.  Subsocial Crowdloan Auction Begins  As part of efforts towards a successful parachain slot bid […]

Analysts at JPMorgan led by Nikolaos Panigirtzoglou have suggested Ethereum’s ether ($ETH) is a better bet than Bitcoin ($BTC) as interest rates rise because the second-largest cryptocurrency by market capitalization powers an ecosystem of decentralized applications. According to Business Insider, in a recent report, JPMorgan’s analysts noted that rising interest rates could put downward pressure on the price of bitcoin, […]

Smart contract platform Solana has been one of the biggest winners in crypto of late, with the price of SOL rising almost 17,000% since the turn of the year. This week, the first conference organized by the Solana Foundation has been taking place in the Portuguese capital Lisbon (Nov 7-10), and as you would expect, a swathe of influential figures […]

In a recent interview, Jeff Mei, director of global strategy at crypto exchange Huobi, talked about the GameFi sector (as exemplified by “play to earn” games such as Axie Infinity). During an interview with Insider, Mei said that GameFi, which is “the intersection of decentralized finance and the gaming industry”, is one of the hottest technologies in the crypto ecosystem […]

Cryptocurrency exchange Crypto.com has launched the mainnet of the Ethereum Virtual Machina (EVM) compatible network Cronos, which aims to “massively scale the Defi [decentralized finance] and decentralized application ecosystem.” Cronos aims to scale the DeFi and dApp ecosystem by “providing developers with the ability to instantly port apps from Ethereum and EVM-compatible chains,” according to a press release shared with […]

In a recent interview, former Goldman Sachs executive Raoul Pal talked about $ETH, the native token of the Ethereum blockchain, and how its price action could affect the native tokens of other layer one (L1) blockchains (such as Solana, Terra, Avalanche, and Cardano). Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro […]

DeFi might be a $270 billion juggernaut and growing powered by a disconnected base layer.  We have Ethereum, the Binance Smart Chain (BSC), IOST, NEO, Waves, Solana, and many more. The list keeps getting longer every day.  Ambitious as each platform is, there needs to be a better connection and high-level interoperability. At the end of the day, the end […]