The number of projects adopting layer-two solutions for Ethereum’s scaling woes is increasing, with LuaSwap rolling out a new, TomoChain-based exchange engine yesterday. The change will enable the Uniswap inspired exchange to perform token swaps with greater speed and efficiency than many rival Automated Market Maker ERC-20 exchanges. 1/ #LuaSwap version on @TomoChainANN blockchain is live,
Month: January 2021
Binance’s Changpeng Zhao describes the Philippines as “one of the most active crypto communities in Asia” and it’s the perfect way to sum up the country’s blend of high adoption amid relatively low affluence. With GDP spending power of less than $10,000 per head each year, this nation of 7,100 islands is far from a
A Dutch bitcoin (BTC) exchange has filed a preliminary injunction at a court in Rotterdam to suspend the central bank’s additional wallet-verification requirements. Bitonic seeks to challenge the new rules enacted by the De Nederlandsche Bank (DNB) on Sept. 21, 2020. Dutch Exchange Argues Additional KYC Rules Lack ‘a Proper Legal Basis’ Per the bitcoin
For the first time since 2015, Dogecoin is once again gracing the list of top ten crypto assets by market cap. In less than two days, DOGE has surged 900% from $0.0078 to post a new all-time high of $0.078 — breaking its previous high of $0.0185 by more than four times. As a result,
Bitcoin (BTC) price appears to have flipped the $32,000 level back to support as the wider cryptocurrency market saw renewed optimism on Jan. 28. Data from Cointelegraph Markets and TradingView shows that BTC has steadily climbed higher in price from $31,000 to its current value of $33,400, an increase of 9.5%. Daily cryptocurrency market performance.
Video games fan Elon Musk gave shares in Polish games producer CD Projekt a further boost on Thursday after the company’s update of its flagship game prompted short sellers to close positions earlier in the week. Shares in CD Projekt which is valued at almost PLN 37 billion (roughly Rs. 71,960 crores), jumped as much
Samsung Electronics, the world’s biggest smartphone and memory chip maker reported fourth-quarter net profits up by more than a quarter year-on-year Thursday, with coronavirus-driven working from home boosting demand for devices powered by its chips. But the figures were below market expectations according to Bloomberg News, and the company warned of persisting uncertainties over the
For some Reddit users, GameStop’s dizzying rocket ride on Wall Street is a case of the masses rebelling against one-percenters hoarding the world’s wealth. The social media-fueled movement has sent shares in the US video game retail chain soaring from less than $20 (roughly Rs. 1,500) weeks ago to a peak of $492 (roughly Rs.
A Falcon 9 rocket launches the Transporter-1 mission in January 2021. SpaceX The U.S. Department of Justice is investigating Elon Musk’s SpaceX over whether the company discriminates against non-U.S. citizens in its hiring practices, according to court documents filed on Thursday. The DOJ’s division of Immigrant and Employee Rights received a complaint of employment discrimination
Facebook is readying a lawsuit aimed at loosening Apple’s grip on the App Store that serves as an exclusive gateway onto iPhone models, a tech news outlet reported on Thursday. The leading social network is preparing an anti-trust civil suit accusing Apple of abusing its control of the App Store by requiring outside developers to
How open banking is driving huge innovation Learn how fintechs and forward-thinking FIs are accelerating personalized financial products through data-rich APIs. Register Now Atlanta, Georgia-based Verusen, a startup leveraging AI to build a connected supply chain, today raised $8 million in series A funding co-led by Forte Ventures and Flyover Capital. The company says it’ll
Apple CEO Tim Cook fired off a series of thinly veiled shots at Facebook and other social media companies Thursday, escalating an online privacy battle pitting the iPhone maker against digital services that depend on tracking people to help sell ads. “Too many are still asking the question ‘how much can we get away with?’
U.S. and Bulgarian authorities this week took control of the dark web site used by the NetWalker ransomware cybercrime group to publish data stolen from its victims. “We are striking back against the growing threat of ransomware by not only bringing criminal charges against the responsible actors, but also disrupting criminal online infrastructure and, wherever
It is a useful exercise for those of us working in tech to cast our minds back to the dot-com boom and bust of the late 1990s. There is a lot that can be learned from that time. The period was crucial for the United States and the global economy and a defining moment for
Right now, blockchains communicate via tacked-on solutions (state channels, sidechains, swaps, bridges and so on). With the Stargate update to Cosmos on Feb. 18, the tools for native blockchain interoperability will be live on mainnet. “This is a long-awaited release for many Cosmos-based projects out there,” Band Protocol’s Kevin Lu told CoinDesk via email. “For
Popular social media network Reddit, which counts over 1.7 billion monthly visits, is deepening its ties with the Ethereum Foundation in what it has formalized as its first-ever blockchain partnership. According to an announcement from Reddit admin u/jarins, the aim of the partnership will be to increase the site’s “commitment to blockchain, accelerating scaling and
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