Developers may soon be able to port Solana Web3 apps to the Cosmos ecosystem, bringing new users to these apps and providing a greater variety of uses for Cosmos blockchains. According to a March 30 announcement from the developer of Cosmos-based network Injective (INJ), the team has released a layer-2 testnet that utilizes Solana’s Sea Level Virtual Machine (SVM). This…
Month: March 2023
BTC Rises to $29,000 for First Time Since Last June – Market Updates Bitcoin News
Bitcoin rose above $29,000 on Thursday, as price moved to its strongest point since last June. The surge came despite some consolidation in cryptocurrency markets, ahead of the upcoming U.S. GDP report. Ethereum was also higher, as it continued to trade above $1,800. Bitcoin Bitcoin (BTC) moved to its highest point in nine months, despite cryptocurrencies mostly consolidating ahead of…
Layer-2 project exec zooms in on the capabilities of Ethereum scaling solutions
Metis co-founder Elena Sinelnikova delves into the world of layer-2 blockchain technology, and its potential to transform how we interact, collaborate and build… Source: https://cointelegraph.com/public/index.php/news/layer-2-project-exec-zooms-in-on-the-capabilities-of-ethereum-scaling-solutions
Bitcoin spikes above $29K as ‘fakeout’ fuels BTC price strength doubts
Bitcoin (BTC) set new nine-month highs overnight on March 30 as traders continued to stay cautious. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Deviation” takes BTC price closer to $30,0 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $29,170 on Bitstamp. A rejection entered almost immediately, sending the pair back to its starting point and causing already…
DeFi KYC: Not an issue as ‘99% have nothing to hide,’ industry execs say
Traditional finance observes “money laundering happening every day” despite rigorous KYC measures, according to DeFi industry execs. Source: https://cointelegraph.com/public/index.php/news/defi-kyc-not-an-issue-as-99-have-nothing-to-hide-industry-execs-say
Layer-2 project exec zooms in on the capabilities of Ethereum scaling solutions
In episode 13 of Cointelegraph’s Hashing It Out podcast, Elisha Owusu Akyaw sits down with Metis co-founder Elena Sinelnikova. Metis is an Optimistic Rollup built on Ethereum to explore the world of layer-2 blockchain technology, and its potential impact on decentralization, scalability and real-world applications. Sinelnikova shares her unique insights and experiences in the rapidly evolving blockchain space, and gives us a…
Blockchain and regulated stablecoins to be widely used by 2030, industry execs say
Digital regulatory professionals have predicted the wide use of stablecoins worldwide by 2030, despite the current competition between TradFi and DeFi. Source: https://cointelegraph.com/public/index.php/news/blockchain-and-regulated-stablecoins-to-be-widely-used-by-2030-industry-execs-say
Thai SEC wants to lift restrictions on initial coin offerings
Thailand’s Securities and Exchange Commission (SEC) is preparing to soften retail investment restrictions related to initial coin offerings (ICO) to boost digital investments. The Thai securities regulator is willing to lift the limit of 300,000 baht ($8,800) for asset-backed ICOs per person, planning to allow bigger investments in real estate and infrastructure-backed ICOs, the SEC officially announced on March 30.…
Crypto Exchange Bybit Partners With Innovation Growth Hub to Launch Blockchain Education Program – Bitcoin News
Bybit has said it is inviting African youths that wish to attend a blockchain education training program to submit their applications. The training and educational program is expected to help the participating individuals learn the fundamentals of blockchain technology. Understanding the Blockchain Bybit, one of the world’s leading global crypto exchanges, has partnered with Innovation Growth Hub to launch a…
Axie Infinity creator works with studios to push Web3 adoption through new games
Sky Mavis’s head of business development, Kathleen Osgood, told Cointelegraph that its goal is to onboard as many people into the ecosystem as possible. Source: https://cointelegraph.com/public/index.php/news/axie-infinity-creator-works-with-studios-to-push-web3-adoption-through-new-games