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Ethereum (ETH) Withdrawals from Exchanges Accelerated ahead of London Upgrade

Nearly $1 Billion in Ether (ETH) Burned Since EIP-1559 Launch

September 6, 2021 by Ogwu Osaemezu Emmanuel at Ethereum

The total amount of ether (ETH) burned by EIP-1559 has so far surpassed 214,000. NFT marketplace OpenSea has burned the highest amount of ether since EIP-1559 went live, while DeFi yield farming protocol, Uniswap (UNI) has burned nearly 1k ETH in the past 24-hours alone. Over 200k ETH Burned Despite...

Technology Pushes Casino Gambling to New Heights Using Blockchain and Crypto

Bitcoin and Its Big Role in the Gambling Industry

September 6, 2021 by Ogwu Osaemezu Emmanuel at Bitcoin

There is no doubt that Bitcoin has had a significant impact on the gambling industry, with the cryptocurrency having been able to disrupt one of the world’s fastest-growing sectors in a highly positive way. According to research that was conducted back in 2014 about the connection that the two industries...

Movie Studio Release NFT of One-Sheet for I’m Your Man

September 4, 2021 by Ogwu Osaemezu Emmanuel at Blockchain

Film studio Bleecker Street is first to release a one-sheet as an NFT for the upcoming movie, I’m Your Man, on the Chronicle Platform NFT's made a tremendous splash through the course of 2021 in the form of ownership of JPGs, MP3s, videos, GIFs, tweets, and so much more. The...

Asia Broadband’s AABBG Token is Bringing Stability to the Crypto Market

September 3, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

The rise of cryptocurrencies has brought about massive changes in the global financial markets. They effectively managed to shift the power dynamics from a few centralized authorities to the community, thus presenting an opportunity to offer financial services even to the underserved, under-represented, and underdeveloped parts of our world. While...

Nine Chronicles Debut Season Starts with a Whopping $2 Million and More Up for Grabs

September 3, 2021 by Ogwu Osaemezu Emmanuel at Blockchain

Starting September 8th, 2021, Nine Chronicle's Arena Season 0 will kick off in a four-week-long engaging and rewarding adventure set to mark the decentralized RPG's (role-playing game) platform introduction to the world. Titled "Yggdrasil" this alpha season will feature a unique set of challenges with 240 exclusive NFTs to be...

Solidproof Eyes to Introduce Automated Auditing Procedure

September 3, 2021 by Ogwu Osaemezu Emmanuel at Blockchain

Solidproof plans on introducing an automated auditing feature. The option is going to target every type of crypto project. As a bonus, it improves Solidproof's performance in auditing smart contracts. The Modern Way of Auditing Before investing, users need assurance that their holdings are safe from attackers. Hacks and scams...

Australia, Malaysia, Singapore, South Africa to Trial CBDCs for Cross-Border Payments

BIS, Four Central Banks Launching Joint CBDCs

September 2, 2021 by Ogwu Osaemezu Emmanuel at Regulation

The Bank of International Settlements (BIS) is collaborating with apex banks in Australia, Malaysia, Singapore, and South Africa to trial central bank digital currencies (CBDCs) for cross-border payments and remittances, according to a Coindesk report on September 2, 2021. CBDCs for Cross Border Payments The Bank of International Settlements (BIS)...

VeChainThor (VET) Achieves 10 Million Blocks Mainnet Milestone

September 2, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

VeChainThor (VET) blockchain has successfully surpassed the 10 million blocks mark without experiencing any form of network glitch since its mainnet launch in June 2018. The VeChain Foundation says the milestone is a clear testament to the public blockchain’s scalability, security, and rock-solid stability, according to a tweet on September...

C.R.E.A.M. Finance Taps Into Polkadot’s Liquidity Sources Through The Moonbeam Network

September 2, 2021 by Ogwu Osaemezu Emmanuel at DeFi

The DeFi industry is firing on all cylinders despite the growing need for cross-chain support. For example, C.R.E.A.M. Finance, one of the leading DeFi protocols on Ethereum, is expanding to Polkadot. Through Moonbeam, the team won't need to adjust the code to tap into a new set of users. C.R.E.A.M....

BRZ Adopts RSK Bitcoin Sidechain & Ethereum-Compatible Protocol

September 2, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

Brazilian Digital Token (BRZ) is now live on the RSK Bitcoin sidechain and Ethereum smart contracts-compatible network. With the adoption of RSK, holders of the BRZ stablecoin will now get secure, superfast and cost-efficient transfers while also being able to enjoy the benefits of decentralized finance (DeFi) with their BRZ...

Saying ‘No’ to Costs and Restrictions: Peer-to-Peer Crypto Transactions Witnessing Explosive Growth

September 2, 2021 by Ogwu Osaemezu Emmanuel at Blockchain

Unless you've been living under a rock, you know that the global cryptocurrency adoption has accelerated in recent years. Crypto usage worldwide jumped by 881% in 2020, and the growth was primarily driven by peer-to-peer transactions in emerging markets. According to the Global Crypto Adoption Index 2021 report by Chainalysis,...

Blockster: The Social Hub Bringing the Crypto Industry Together

September 2, 2021 by Ogwu Osaemezu Emmanuel at Blockchain

Since the Bitcoin genesis in 2009, the cryptocurrency market underpinned by blockchain technology has grown to unimaginable heights. Today, it is quite the happening space with over 9,000 different coins in circulation, totaling a $2.3 trillion market capitalization. Now, imagine the plight of an enthusiast trying to keep up with...

Opposition poses constitutional challenge to El Salvador's Bitcoin law

El Salvador Authorities Greenlight $150 Million Bitcoin Integration Fund

September 1, 2021 by Ogwu Osaemezu Emmanuel at Bitcoin

Salvadoran lawmakers have approved a bill aimed at setting up a $150 million fund that would facilitate the country’s bitcoin (BTC) integration project. A total of 64 Salvadoran Congressmen voted in favor of the bill while 14 members opposed it, according to a Reuters report on August 31, 2021. El...

What are Time-based NFTs?

September 1, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

Time-based NFTs are a subset of dynamically programmed non-fungible tokens that change over time. More accurately, non-fungible cryptographic blockchain tokens linked to real-world events through a decentralized oracle, such as the legendary Chainlink blockchain oracle network. These amazing new digital collectibles change characteristics based on certain criteria coded into the...

Gluwa Adopts ConsenSys’ Infura Transactions (ITX) for Cheaper Ethereum Payments

September 1, 2021 by Ogwu Osaemezu Emmanuel at Ethereum

Gluwa has announced the integration of Infura Transactions (ITX) into its platform, to offer users up to a 15 percent reduction on Ethereum gas fees. The integration brings optimized gas management to Gluwa, while also eliminating the issue of failed or pending Ethereum transactions caused by insufficient gas. Gluwa Taps...

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