New York, USA, 18th May, 2021, BENQI, an algorithmic money market protocol built on Avalanche’s C-Chain, is integrating Chainlink Price Feeds to ensure security of its protocol and resilience against flash loan attacks. Using secure oracles is a key component for creating secure lending protocols, which rely on external price sources to determine collateralization rates…
Amsterdam, Netherlands, 18th May, 2021, SingularityNET’s first DeFi spin-off project, SingularityDAO, is announcing today their partnership with leading decentralized data provider Ocean Protocol. The collaboration will see the OCEAN token’s inclusion in SingularityDAO’s index fund / investment portfolio. Moreover, SingularityDAO is designed to leverage AI at multiple levels: AI manages dynamic token-sets, executes predictive market-making…
Cardano is a blockchain network and ADA is its native token. It is considered a third-generation blockchain. The first generation is Bitcoin and other networks that are only meant to be used for digital payment. The second-generation blockchain is Ethereum and other networks that use smart contracts. The third generation aims to improve upon both generations in an attempt to create a network designed for global use.
Zagreb, Croatia, 18th May, 2021, Blockchain startup Revuto has concluded a $1.7 million private round to support its development of a crypto subscription payment solution. Its app has also recorded more than 1 million sign-ups in 14 days through a referral program. Starting tomorrow at 8 AM UTC, the team behind Revuto will do a…
Cryptocurrencies offer a fast, secure and low cost method of transferring money without the need for third-parties and intermediaries. The growing popularity of cryptocurrencies has seen more businesses and people accept payments in crypto. This surge in demand has resulted in blockchain payment solutions springing up in recent years. However, many of these payment solutions…
In the past week cryptocurrency markets faced quite a hefty correction. The bearish market, which was triggered by Elon Musk’s announcement that Tesla is halting Bitcoin payments citing environmental concerns as the reason, caused the total market capitalization to drop by a whooping $400 billion from $2.45 trillion on May 9 to $2.05 trillion on May 16. Nevertheless, some projects, such as Cardano (ADA), Kusama (KSM) and Polygon (MATIC) managed to defy the general downtrend by posting gains of over 10% in the last seven-day period. Will the bearish market continue throughout week 20? Which cryptocurrencies are the most likely to rebound or defy the general trend? We recommend you to read our this week’s top 3 coins to watch article, in which you will find a diverse selection of cryptos worth keeping an eye on this week.
It is a digital asset that represents real-world objects like art, music, in-game items and videos. They can be bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos like Bitcoin.
London, UK, 14th May, 2021, Huobi Global announced today, its first project for Huobi Prime, a platform designated to introduce selected premium asset projects, which was reinitiated on May 11th. This follows the latest establishment of the Huobi Asset Center, a new business unit dedicated to managing asset listings with efficiency. Powered by Huobi Token,…
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