[ad_1] The latest development around venture firm Three Arrows Capital (3AC) is that it has reportedly failed to meet margin calls from lenders. This has once again brought up the potential risk of the firm going into insolvency after it was severely hit by the crypto market meltdown earlier in the week. The report also cited that BlockFi, a crypto lender, was one of several companies that liquidated some of
[ad_1] Advertisment Singapore, June 16, 2022 – KuCoin Community Chain (KCC), the public chain project initiated and built by the developer community of KCS and KuCoin, announced that KCC Validator Election officially kicked off on June 16, 2022. According to the announcement of KCC, KCC Validator Election will select at most 29 nodes to become active validators based on the amount of KCS that nodes staked. The active validator owns
[ad_1] NFTs are the first generation of blockchain-based digital collectibles that change how the world thinks about art, investing, and ownership. But the sheer number of NFT projects and collections combined with the complexities of analyzing their value, have made it difficult for investors to make decisions based on anything more than hype. The first NFTs were launched in 2013 though NFTs first came around in 2012. The hype around
[ad_1] The honeymoon period of the newly launched Optimism layer-2 scaling solution has been cut short after the market maker’s smart contract address was exploited. This exploitation has led to the loss of 20 million OP tokens. Although the exploit happened on May 26, it was only reported to the community recently. One million tokens valued at $1.3 million were sold on Sunday. In comparison, another one million tokens valued at $730,000
[ad_1] Advertisment The NFT space is being disrupted by a new player making waves within the industry. EGO.com, an up-and-coming Cardano NFT marketplace, is barely a few weeks old but is already turning the heads of major retail and institutional investors for its promise to facilitate a “Digital Renaissance” in art. Analysts are closely watching the developments of this “crypto gem”. EGO.com, a self-described decentralized creative realm for artists and
[ad_1] Advertisment One small step for Ropsten, one giant leap for Ethereum: The oldest testnet has been converted to Proof of Stake. So, green light for “The Merge” in August? Ethereum is a good step closer to its most important upgrade. On Wednesday, June 8, Ropsten was switched to the Proof of Stake consensus algorithm. The merge test run on the oldest Ethereum testnet is considered the last major test
[ad_1] Advertisment Until now, Uganda followed a rigid line and even warned its citizens against the use of cryptocurrencies. Now the tide seems to be turning. The digital assets industry has gained acceptance worldwide. As a result, the industry’s growth is also skyrocketing in Africa. As recently as April, the Monitor newspaper reported that Matia Ksaija, Uganda’s Minister of Finance, Planning and Economic Development, had concerns about cryptocurrencies because they
[ad_1] Advertisment The capacity in the Bitcoin lightning network is increasing non-stop. Growing network effects are the background. While the Bitcoin market is rather bleak due to the macroeconomic situation, the cryptocurrency is moving up a gear elsewhere. We are talking about the Lightning network. As of today (June 7), capacity on the Layer Two network on Bitcoin (BTC) has reached a new all-time high. At 3,970 BTC, liquidity in
[ad_1] Advertisment As early as 2021, the Principality of Liechtenstein introduced its first blockchain-based crypto stamp. Now the second one follows with a special edition. In addition to the stamp 4.0, which Liechtenstein already published in September 2021, an exceptional publication now finds its way into stamp circulation with the “In memoriam Princess Marie von und zu Liechtenstein”. With the crypto stamps, Liechtenstein is not the first country. These stamps
[ad_1] Advertisment Here Are The Top 5 P2E Games for 2022 The video game industry, currently valued at $178 billion, is already incredibly lucrative, but a new addition to the space has taken the industry to a whole new level. A massive contributor to the industry’s recent success is the growing GameFi sector, which makes up $21 billion of the entire video game industry. GameFi, aka gaming finance, is the
