Crypto Biz: SushiSwap bets on new roadmap against DEX competition
This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases.
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Dragonchain to Showcase ‘Provably Fair’ Blockchain System on Cable TV
Dragonchain will demonstrate its new blockchain-based contest system in a televised contest with a $50,000 prize. 1452 Total views 16 Total shares Blockchain firm Dragonchain has announced a new contest system, which they claim is "provably fair." Dragonchain founder and CEO Joe Roets told Cointelegraph on June 25 that the firm has developed a blockchain-based contest…

Sam Bankman-Fried’s Alameda Research troubles predate FTX: Report
SBF had claimed that the operations of FTX and Alameda were independent, but the recent lawsuit has revealed that both firms worked in conjecture from day one. 220 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTNew reports into Sam Bankman-Fried and his collapsed exchanges revealed that Alameda Research,…

Top Experts Make Bitcoin Price Predictions as BTC Halving Approaches
Hype is steadily building across the wider cryptocurrency community as the looming Bitcoin mining reward halving draws closer. As the world grapples with the heavy economic downturn spurred on by the ongoing global coronavirus pandemic, the value of Bitcoin has been at odds with conventional stock markets. A driving force behind this trend is the halving,…

Belarus Banks Announce Upcoming Token Pilot Program
Belarus Central Bank authorizes several banks in the country to begin issuing tokenized offerings. 279 Total views 4 Total shares On June 10, 12 Belarus' commercial and state-owned banks received permission from the national central bank to issue digital tokens. They will distribute these digital offerings through an upcoming pilot program.According to Sputnik Belarus, the…

Bithumb former chair Lee Jung-Hoon acquitted in the first instance
The former chair was under allegations of $70 million in fraud charges which were said to have occurred during the acquisition of Bithumb. 94 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTLee Jung-hoon, the former chair of the South Korean cryptocurrency exchange Bithumb, was found not guilty on…

Crypto Markets Attempt to Stem Recent Losses, Some Top Alts See Solid Green
Friday, Jan. 11 — after a major price rout yesterday, many cryptocurrencies are today clawing back lost ground, with most of the major coins tipping back into the green, as Coin360 data shows.Market visualization from Coin360Top cryptocurrency Bitcoin (BTC) has stabilized around $3,700 to press time, seeing a slight 1 percent recovery over the past…

This Cryptocurrency Seems Designed For A Post-State Society
Upstart crypto company Saga wants to issue a new global currency on the blockchain. Just don’t call it a stablecoin.Saga’s SGA digital currency relies on an international reserve asset called Special Drawing Rights (SDR), which was introduced by the International Monetary Fund in 1969. This is a conventional basket of major world currencies — the…

Without staking, institutional crypto investors cannot escape inflation
By 2021, proof-of-stake (PoS) anchored itself as the consensus mechanism of choice for new and innovative blockchains. Ethereum 2.0, Cardano, Solana, Polkadot, Terra Luna — five out of the top 10 base layer blockchains run on PoS. It’s easy to see why PoS blockchains are popular: The ability to put tokens to work — verifying…