Crypto News - Page 2
Sandbox Alpha Hub to Launch on November 29, SAND Price Ripping Higher
The SAND token is leading the charge ahead of the Sandbox Alpha Hub. According to trackers, it has already more than doubled. Knowledge on Play-to-Earn (P2E) and GameFi is rising, accelerated perhaps by Meta’s (Facebook) mega plans on the metaverse. In the years to come, the social media giant could... Read More
ConstitutionDAO Fails to Win the Bid for the First Edition Print Copy of “The ‘Official Edition’ of The United States Constitution”
Meanwhile, in its quest to illustrate the capabilities of the People, the ConstitutionDAO—an online group–has failed to acquire the last privately owned, first edition copy of the U.S. constitution on Sotheby’s despite raising over $48 million from more than 17.5k users. Instead, auction records show that the “The ‘Official Edition’... Read More
Bitcoin Price Drops 17% Days After President Biden Signs the Infrastructure Bill
Bitcoin price drops, shedding 17 percent from November peaks. Nonetheless, a few altcoins are doing exceptionally well, defying gravity. From an eye-bird view, the crypto market is generally bleeding, taking a hit mostly from correcting Bitcoin. Still, there is no denying that it has been an incredible ride for the... Read More
Tabroot Helps Bitcoin Transactions Become More Private, Efficient, and Less Expensive
The Bitcoin network has been upgraded for the first time since 2017. Following the integration of Taproot soft fork on November 15, the world’s most valuable network has more scripting capabilities and is more private than before. According to one of the lead developers instrumental in seeing the upgrade go... Read More
Polkadot Parachain Slot Auctions and Crowdloans Begins
Crypto is activity dense; we can go on and on discussing emerging projects. Amid the boom, Polkadot dominates crypto talk for simple reasons. Acala to win the First Polkadot Parachain Slot Auction For one, the interoperable blockchain is, according to analysts, undervalued at spot rates despite commanding over $51 billion... Read More
Rocketpool Launch Allows Ordinary Users to Stake ETH on Eth2
Meanwhile, Ethereum Proof-of-Stake and its infrastructure continue to take shape following the launch of Rocketpool. There are many ways of participating in Ethereum and supporting the network at the current state. Proof-of-Work ensured complete decentralization even though energy inefficiency is a significant environmental concern. Ethereum will deactivate mining in the... Read More
Bipartisan Infrastructure Bill Passed: Some of Its Provision Described as Disastrous to Crypto
The passing of the Infrastructure Bill on November 6 is a poignant reminder that though revolutionary, crypto has a lot more hurdles to jump over before being embraced “by the old money.” It seems like new crypto millionaires are not just yet welcomed—especially if the U.S. President proceeds to approve... Read More
Squid Game Token Holders Rugged, Binance Launches an Investigation
Meanwhile, Binance—the world’s largest exchange by client count—has opened an inquiry in what may turn to be a rug pull on the Squid Game token (SQUID) holders. The Binance Smart Chain (BSC)-based SQUID dominated headlines recently when the token soared a record 450X before dumping in subsequent sessions. The token... Read More
KuCoin Now Has a Virtual Office in The Metaverse
Facebook popularized the metaverse, and many projects are jostling to be part of this new cool. However, for crypto and NFT adherents, the metaverse has been home for a few years now. It is so much that KuCoin, the exchange, now has a virtual office in the Bloktopia metaverse while... Read More
Ethereum Altair Upgrade Activates as ETH/USD Rally Above $4.4k
Two days after the Ethereum Altair upgrade was activated and all necessary enhancements integrated to the Beacon Chain, ETH prices soared above $4.4k to register another feat—all-time highs. This is a record-breaker for Ethereum and another highlight of how valuable and activity dense the ledger is. From NFTs to DeFi... Read More