Crypto Behaves Healthily Despite China Clampdown
In about 48 hours, the crypto market made an impressive return after the new China ban on crypto mining and trading. The latest release of regulatory calls on crypto transactions by the People’s Bank of China (PBoC) made the market experienced a downward spike. However, there was a quick retracement, unlike before. Crypto Market Behavior […]
What is VeChain (VET)?
According to the VeChain network, the objective of its creation is centered around the development of a distributed business platform that allows for a transparent flow of information coupled with speed and efficiency. The VeChain system is a blockchain-based platform whose design is premised on improving supply chain management and business as we know it. […]
What is Polygon (MATIC)?
Formerly known as the Matic Network, Polygon is a protocol framework for building and connecting Ethereum-compatible blockchain networks by aggregating scalable solutions on the ecosystem. Fully developed for public use in February 2021, Matic Network rebranded into Polygon with an aim to solve the existing limitations of the Ethereum platform. Some of these limitations developers […]
What is BitTorrent (BTT)?
BitTorrent is a decentralized peer-to-peer platform that allows its participants to share data seamlessly and effectively. Upon its discovery, BitTorrent quickly became popular among music and movie lovers because of its software’s peer-to-peer sharing feature. Instead of having to download or upload files to the server, the participants on the network can share data and […]
NFT Storm: Snoop Dogg Claimed $17M NFT Collection while Hybrid NFT is Dedicated to a Feature Film
On September 21st, a hip-hop star—Calvin Cordozar Jr., also known as Snoop Dogg—revealed his anonymous identity behind a non-fungible token collection in a tweet. He claimed to identify as the individual behind the “Cozomo de’ Medici” NFT collection. Although he hasn’t further clarified his proclamation aside from the tweet, DappRadar revealed that the current wallet […]
Regulators are Investigating Stablecoin: Could this Bring About Regulatory Clarity?
Stablecoins are the cornerstone of solving the volatile price swings of cryptocurrencies. For this reason, top stablecoins have seen a surge in valuation on the backdrop of an overall bullish crypto market. However, stablecoins have recently become the target of regulators in the U.S who have raised concerns about stablecoins being a threatening sector that […]
What is Wrapped Bitcoin (WBTC)?
Wrapped Bitcoin provides a bridge between the Bitcoin (BTC) and Ethereum (ETH) networks. The connection between the networks exists in the tokenized version of Bitcoin being run on the Ethereum network, making the much-needed liquidity to the decentralized network readily available. The compliance of the Bitcoin network with the Ethereum network allows for the complete […]
What Is Ethereum Classic (ETC)?
Ethereum Classic is an open-source decentralized blockchain-based platform comprising a native cryptocurrency and a smart contract feature. It allows the smooth running of applications and services without third-party interference. In the context of ETC, smart contracts are solely built on the conditional if-then statement type. That is, if the terms stated in a contract are […]
What is Stellar (XLM)?
The Stellar network is an open-source protocol for decentralized payments. It connects diverse financial systems and enables money to move quickly, reliably, and cheaply. Stellar’s goal is to be a common financial platform where people of all income levels can access and send money, that connects with different currencies and banking systems across the globe. […]
Coinbase furthers crypto adoption by allowing direct paycheck deposits
San Francisco-based crypto exchange Coinbase is gearing up to launch a feature that allows US users to deposit paychecks into their online accounts directly. The company unveiled this news through a blog post on September 27, noting this feature will go live in the next few weeks. Through this service, the exchange seeks to help […]
Crypto exchanges rush to sever ties with Chinese users after a new crackdown
Crypto exchanges and crypto service providers in China are scrambling to cut ties with mainland China traders following a blanket ban on crypto trading and mining. A report unveiled this news earlier today, noting that the 10 Chinese government agencies plan to uphold a high-pressure clampdown on digital asset trading. The entities looking to enforce […]
What is Solana (SOL)?
Solana is a new blockchain protocol for massively scalable decentralized applications that also solves the problems of speed and cost. It is the first commercially viable and scalable network to power the decentralized web. Its architecture is like a traditional database in which data and queries are always on fast storage. Underneath, it can process […]
What is Chainlink (LINK)?
Chainlink (LINK) is an open-source sidechain project that allows you to tokenize agreements securely so they can be traded on the blockchain. In other words, it is a decentralized oracle network poised to play a critical role in the real-world deployment of blockchain technologies. The principal goal of this network is to provide feedback on […]
PTPWallet: Why Businesses Need White Label Cryptocurrency Solutions
The cryptocurrency space is expanding with the increasing individual involvement in crypto. Business owners, startup founders, and companies seek ways to leverage the digital currency community daily. As such, people now seek to build and own their cryptocurrency platforms. While building a cryptocurrency exchange platform from scratch may be expensive, it is cost-effective to leverage […]
Robinhood set to launch crypto wallets as its Bitcoin business expands
American financial services company Robinhood is gearing up to roll out crypto wallets within its app. The firm unveiled this news through a blog post on September 22, noting that this is its latest expansion into the crypto industry. Reportedly, the public brokerage company plans to start testing the crypto wallets with select clients in […]
What is Litecoin (LTC)?
Litecoin(LTC) is a peer-to-peer digital currency that enables instant, secure, and low-cost payments to anyone in the world by leveraging the unique features of blockchain technology. Created by Charlie Lee, an ex-Google employee, Litecoin was an early fork of Bitcoin Core with improved functionalities like faster block generation time and a new hashing algorithm. The […]
What is Polkadot (DOT)?
Polkadot (DOT), founded on 18 July 2015, is a sharded, non-homogenous multi-unit development that allows external networks and other similar blockchain creations to communicate with one another, creating an interconnected internet of blockchains. Although it officially launched in 2020, Polkadot aims to be an absolute rock-solid creation that takes over as the next wave of […]
What is Binance USD (BUSD)?
Binance USD (BUSD) is a newly inducted USD-dominated stablecoin pegged to the dollar on a constant 1: 1 policy and approved by the New York State Department of Financial Services (NYDFS) in the year 2015. It is a fully-backed token founded by Binance and Paxos that operates on blockchain technology to offer the stablecoin as […]
Canadian securities authority publishes regulations for crypto exchanges
The Canadian Securities Administration (CSA), the countries equivalent of the US Securities Exchange Commission (SEC), has published a guideline for crypto exchanges. The authority released the document in conjunction with the Investment Industry Regulatory Organization of Canada (IIROC) on September 23. The rules revolve around the requirements that crypto-trading platforms need to meet regarding advertising, […]
Dogecoin vs. SHIB: Shiba Inu Spiked 21% over 24 Hours, DOGE Price Floored
In seven days, dogecoin’s price took a downward spiral as it lost its weekly market price by 5.8% in a week. While this was ongoing, Shiba Inu (SHIB)—dogecoin’s rival—rose over the curves by 21% in about 24 hours. Shiba Inu’s Price Increases with 21% over 24 Hours About six days ago, the crypto market experienced […]