Smart contracts are self-explanatory and automated depending on the contract’s predefined requirements. Because blockchain is a distributed ledger technology (DLT) that permits data to be kept globally across several servers, it mainly relies on these databases to confirm transactions....
Galaxy Digital, a digital asset financial services firm, says it has started the process of withdrawing $47.5 million from its $76.8 million exposure in cash and digital assets to the embattled cryptocurrency exchange FTX. This figure represents 62% of...
BetDEX Labs, the company behind BetDEX, a new sports betting exchange for peer-to-peer wagering, this week announced that the BetDEX Exchange will officially launch on the Solana mainnet on Thursday, November 17th, which coincides with the beginning of the...
Ethereum extended losses below the $1,400 support against the US Dollar. ETH is consolidating and might recover if there is a clear move above $1,340 resistance. Ethereum started a major decline below the $1,400 and $1,350 levels. The price...
According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore, the staff member’s account...
Bebop, which is incubated by crypto market-maker Wintermute, first launched on the Ethereum blockchain this past June. Source link
Royalty enforcing NFTs to be a ‘new asset class’: Magic Eden CEO Jack Lu, the CEO of Solana-based nonfungible token (NFT) marketplace Magic Eden has floated the idea of NFTs designed to enforce royalties. Lu said in an address...
Gate.io, digital asset services provider, launched a new crypto-based payment solution dubbed Gate Pay on Monday. The new service currently supports 21 cryptocurrency assets, but the exchange Exchange An exchange is known as a marketplace that supports the trading...
Bitcoin price traded to a new monthly high at $21,469 before it started a downside correction. BTC could drop towards $20,600 before it starts a fresh increase. Bitcoin gained pace above the $21,000 resistance zone before it faced sellers....
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC reserves into a Blackrock-managed fund that’s registered with the...