A new Cosmos-based blockchain called “Tenet” will use liquid staking coins from other networks to secure its transactions, potentially allowing the new network to inherit the security of older ones, according to a May 3 announcement from the developers.  The network is currently available as a testnet and will launch a mainnet version as soon as testing is complete. This […]

Polygon (MATIC) is in a downtrend and below the moving average lines. Polygon price long-term forecast: bearish Currently, the cryptocurrency price is trading just outside the bearish trend zone. According to the price indications, there will be a further decline to the low of $0.57. At the time of writing, the altcoin is selling for $0.96. Doji candlesticks have formed, […]

Layer-1 Ethereum Virtual Machine (EVM) blockchain platform Flare has integrated its API portal on Google Cloud Marketplace, on-boarding a number of significant blockchain APIs to the ecosystem. The integration of Google Cloud Marketplace will provide high-integrity blockchain data from Flares nodes and Connected Chain Nodes to a large pool of developers and users of the software products and services platform. […]

During a Fox Business interview, Input Output Global, Inc co-founder, Charles Hoskinson, highlighted the state of the crypto market in the United States and globally at large. Popularly known from his role in Cardano (ADA) and Ethereum (ETH), Hoskinson stated that the crypto market is okay but the banks are not. He noted that the 2023 banking crisis is already […]

Play to earn, also referred to as GameFi, is now the industry’s fastest-growing sub-sector. The valuation of the online gaming business is expected to hit USD116 billion by 2021, thanks to the fact that more than 3 billion people around the world spend time playing these games. P2E is expected to reach USD3.7 billion by 2028, making it one of […]

The lawyers and consulting firms assisting cryptocurrency exchange FTX through its bankruptcy proceedings are set to cash in a total of $103 million over the first quarter. March saw five firms — Sullivan & Cromwell, Alvarez & Marshal, AlixPartners, Quinn Emmanuel Urquhart & Sullivan and Landis Rath & Cobb — bill FTX a combined $36.4 million according to several court […]

Bitcoin price is declining below $29,500 against the US Dollar. BTC might extend losses if it stays below the $30,000 resistance zone. Bitcoin Price Analysis Bitcoin price started a fresh decline from the $30,000 resistance zone. A high was formed near $29,969 before the price started a steady decline. There was a clear move below the $29,500 and $29,200 support […]

In a significant stride for the digital currency space, the Djed Alliance has announced the deployment of the Djed stablecoin protocol on Milkomeda-C1. The Djed Alliance is a consortium of contributors from around the globe, dedicated to instilling stability in the notoriously volatile cryptocurrency sector. The alliance oversees the Djed Stablecoin Protocol, fostering its implementations and deployments across various blockchains. […]

According to the latest report by Messari, Avalanche (AVAX) has shown a strong rebound in the first quarter of 2023. The market cap of the blockchain platform increased by 65.8% quarter on quarter (QoQ), reflecting the broader market trend and the thaw of the crypto winter that took by storm the crypto industry in 2022.  Avalanche’s Q1 2023 Performance According […]