“Crypto Is Like the Eiffel Tower”: Reflections on Paris Blockchain Week 2022
On Thursday (April 14), the team behind cross-chain bridge Allbridge announced that it had “successfully integrated support for XRP Ledger (XRPL), a decentralized, public blockchain built for payments,” delivering on a promise it made back in January.
Chainlink (LINK) has become the most traded and widely held token by the top 100 Ethereum (ETH) whales in the last 24 hours. Moreover, LINK has even overtaken Shiba Inu (SHIB) in terms of most purchased and sold token by top whales. As a result of gaining interest from the largest Ethereum whales, the Chainlink price has increased significantly in the last 24 hours.
The price of Solana ($SOL) has broken through a key technical level for the first time this year in March, a month in which it recorded double-digit returns and was the best-performing cryptoasset among the top coins. According to CryptoCompare’s latest Asset Report, the price of Solana rose...
Antoni Trenchev, Co-Founder and Managing Partner of Nexo, “the world’s largest and most trusted lending institution in the digital finance industry”, is expecting the Bitcoin price to get to $100,000 within a year. According to a report published by CNBC earlier today (April 14), the Nexo managing partner...
The Wikipedia Community on Thursday closed a long-running vote over whether the encyclopedia should stop accepting donations in cryptocurrencies. At the final tally, about 71% of the community voted against receiving crypto donations. The key reasoning behind the vote was the high power consumption of crypto networks, which tends to have an adverse environmental impact. The argument has been levelled against several proof-of-work tokens, such as Bitcoin (BTC) and Ethereum (ETH). The results of the vote will now be considered...
On Wednesday (April 13), Paolo Ardoino, CTO at Tether (and Bitfinex), said the fiat-backed stablecoin issuer has been taking “enormous steps” to increase transparency and to “reduce dramatically” its exposure to commercial paper. Tether, which was launched in 2014, is the issuer of the dollar-pegged stablecoin with the...
The trading volume of the meme-inspired cryptocurrency Shiba Inu ($SHIB) has exploded upward shortly after it was listed on the commission-free trading platform Robinhood, along with Polygon (MATIC), Compound (COMP). According to data shared by on-chain and social analytics platform Santiment, Shiba Inu’s trading volume shot upward after...