Portal, a cross-chain Layer-2 DEX network being built on Bitcoin, is delighted to announce its Reg D equity offering through Republic, a multi-asset investment platform that allows anyone to invest in vetted, private startups. The public sale began on Monday, July 18th. Portal is extending the capabilities of Bitcoin to lay a more robust foundation for self-sovereign finance. The team […]

The amount of electricity being used for mining cryptocurrency has shot down by roughly 50 percent as the crypto crash continues to take hold. Electricity for Mining Has Taken a Serious Tumble Since November of last year, when bitcoin reached its peak price of roughly $68,000 per unit, the world’s number one digital asset has fallen by close to 70 […]

One of the leading crypto hubs in the Middle East, the emirate of Dubai, launches the Dubai Metaverse Strategy that aims to turn it into one of the world’s top 10 metaverse economies. The strategy promotes Dubai’s ambitions to support more than 40,000 virtual jobs by 2030.  On July 18, the Emirates News Agency reported about the launch of the […]

Cardano price is rising above $0.455 against the US Dollar, similar to bitcoin. ADA price could gain bullish momentum if it clears the $0.500 resistance. Cardano Price Analysis This past week, cardano price started an upside correction above the $0.420 level against the US Dollar. The ADA/USD pair was able to clear the $0.430 and $0.442 resistance levels. Besides, there […]

The number of Ether staked on Ethereum’s Eth 2.0 staking contract has surpassed 13 million even as the layer one blockchain prepares to upgrade to a proof of stake consensus network. Staking is the act of depositing 32 ETH to activate validator software. This ether is locked and inaccessible until the network upgrade. As opposed to a Proof of Work […]

Reducing your initial debt of $820 million to just $0.013 over a month can’t be easy. And, it’s hardly surprising that such a heroic dash has led Celsius to bankruptcy. Last week, the crypto lending platform voluntarily filed petitions for Chapter 11 reorganization after closing off the last of its decentralized finance (DeFi) debts owed to Compound, Aave and Maker.  […]

Despite rumors of the Fed potentially increasing interest rates by 100 basis points next week, the U.S. stock market opened in the green today, with the S&P 500 increasing by 30 points and the Dow Jones rising by over 185 points. Cryptocurrency markets continue their pump, with the Bitcoin and Ethereum price leading the race and the global crypto market […]

undefined, undefined, Date, Chainwire ViralCoin, an emerging cryptocurrency project centered around subscription payments and price stability, has a novel vision of success during this bear market. James McLendon, ViralCoin’s Founder, explained that the ViralVault contract utilizes on-chain arbitrage to keep the price relatively stable, regardless of crypto market conditions. “If the VIRAL price increases too high, then the ViralVault mints […]