Things to Know Before Investing in Ethereum Classic

Things to Know Before Investing in Ethereum Classic

Cryptocurrencies are highly volatile assets, and therefore users should do thorough research before investing in any of them. The prices may change abruptly, and thus users should be aware of the risks and rewards of investing. What is Ethereum Classic (ETC)? Ethereum Classic (ETC)is an open-source and decentralized cryptocurrency platform created due to a hack in the original Ethereum blockchain network in 2016. Like the original Ethereum network, Ethereum Classic also uses Smart Contracts that are autonomous digital applications based on the “Code of Law.” However, Ethereum ETH is considered more legitimate than Ethereum Classic, ETC. History of Ethereum Classic...

Fantom Welcomes Leveraged DeFi: Will it Turn FTM Bullish?

Fantom Welcomes Leveraged DeFi: Will it Turn FTM Bullish?

Fantom has been expanding its value proposition over the past few months. The network recently added leveraged DeFi to its operations, increasing its reach in the cryptocurrency market. The Fantom ecosystem is already compatible with Ethereum that operates on JavaScript and JRE (Java Runtime Environment.) Fantom has quickly become a highly scalable blockchain platform for crypto dApps, and DeFi developed on a consensus mechanism via its aBFT (Asynchronous Byzantine Fault Tolerant) PoS. The latest integration has boosted Fantom’s market position significantly. It is evident by the fact that traders are looking for a viable Fantom price prediction globally. If you’re...

IZEA Welcomes New Cryptocurrencies for Payment Forms

IZEA Welcomes New Cryptocurrencies for Payment Forms

Cryptocurrencies are earning their seats in the modern world as a form of payment. Many platforms supporting traditional payment forms have extended their list to accept Cryptocurrencies as well. IZEA is one such platform that has added Litecoin and three more cryptocurrencies to the list of payment forms. The platform has started accepting Bitcoin and Ethereum. Doge, Litecoin, Shiba Inu, and CRO are new cryptocurrencies announced to join that list. Background Influencer marketing is on the rise. Candidates with a talent to engage their audience through content and creativity are driving big businesses closer to achieving their marketing objectives. IZEA...

Binance Coin (BNB) Is Bullish: Is It the Right Time to Buy?

Binance Coin (BNB) Is Bullish: Is It the Right Time to Buy?

Binance is a popular cryptocurrency exchange platform, and BNB is the native token of this platform which you can use to stake, trade, or swap coins. The users get 50% off in trading fees who use BNB on that platform for trading activities. It is an ERC 20 token with a hard cap of 200 million. It is also used to make gas payments on the decentralized exchange. In 2018, it added new features for the users to collect dust. Moreover, it can be traded on the open market and stored in any wallet that supports ERC 20 tokens. Binance...

Samsung to Unveil Galaxy S22 in Its Decentraland Metaverse

Samsung to Unveil Galaxy S22 in Its Decentraland Metaverse

Live events are going out of fashion, and digital events are becoming the new cool. It is not just because of the Covid-19 pandemic but also because of the wide reach that it offers at a lower cost. Events are more critical to the manufacturers of electronic devices. Digital events can definitely give them the much-needed worth for every penny. However, with the metaverse in the picture, they can take the events to the next level. Samsung, for one, has taken the lead in this category by making a very important announcement. Digital Launch Of Galaxy S22 And Galaxy Tab...

Polkadot Records the Least Amount of Carbon Emissions

Polkadot Records the Least Amount of Carbon Emissions

If there is one thing that could really bring the reputation of cryptocurrencies down for good, that would be the rate at which these projects consume energy for mining. Bitcoin has been scorned several times for its indifferent attitude towards carbon footprints left during mining. The issue has become so alarming that some states, like the Republic of Kosovo, even brought restrictions on Bitcoin mining. A few months ago, Elon Musk backed off from the decision to accept Bitcoins for Tesla purchases citing the coin’s tendency to leave huge amounts of Carbon footprints. Energy consumption has become a signifier in...

Solana’s Cross-Chain Bridge Lost Estimated $323M in Wormhole Hack

Solana’s Cross-Chain Bridge Lost Estimated $323M in Wormhole Hack

In the morning of February 3, Wormhole had to wake up to a distress call that announced the loss of 120,000 ETH. The attacker has managed to maximize a bug to transfer Ethers valued we’ll over 300 million dollars. Blames are shifted towards the version of solana_program, which failed to verify the addresses that used the cross-chain bridge. The platform is currently working towards maintaining the 1:1 ratio of ETH and wETH to get the network back online before the problem becomes persistent. The official website of Wormhole went offline ever since the attack. Solana is one of the fastest-growing...

TRON (TRX) Holders May Now Stake Their Coins on Kraken!

TRON (TRX) Holders May Now Stake Their Coins on Kraken!

Users can start earning rewards on their TRX now by going to the Earn area of the account. Residents of the United States, Canada, Australia, and Japan are not eligible for TRON Staking. TRON is a blockchain platform with smart contracts that allows developers to create their own decentralized apps (dApps). TRON uses Delegated Proof of Stake (DPoS), which allows TRX token holders to vote on who can receive rewards for verifying transactions on the network. TRON’s goal is to establish a decentralized Internet. Find more information about why TRON matters in the linked article. Users may earn up to...

Ethereum Co-Founder Gets $100M Back From India Crypto Relief Fund

Ethereum Co-Founder Gets $100M Back From India Crypto Relief Fund

Vitalik Buterin, the Ethereum co-founder, recently announced receiving 100 million dollars back from India Crypto Relief Fund. Vitalik previously donated Shiba Inu to the CryptoRelief, out of which the project is returning 100 million dollars. The Ethereum co-founder has already set up a new venture named Balvi to redirect the received funds to other crypto-based relief projects globally. The amount received by Vitalik roughly amounts to 745 crores INR, making it a huge deal for both parties. You can get more information here about the potential of Ethereum. Vitalik stated that Balvi would primarily focus on deploying the SHIB funds...

Sports Betting Is Sinking in Crypto Snake Oil

Sports Betting Is Sinking in Crypto Snake Oil

Football fans have had to put up with a lot recently. Ticket costs have risen to unaffordable levels in several of Europe’s top leagues, putting match-goers at a disadvantage. Many supporters find it difficult, if not impossible, to attend away games due to the spread of matches throughout weekdays and constant growth in fixture congestion. For those who are stuck at home, things aren’t much better. Television and internet streaming rights are frequently divided among three or more firms, requiring fans to pay hundreds of dollars per season. At a time when all three appear to be in short supply,...