The Cardano Foundation teamed up with its official commercial arm – EMURGO – to launch a joint project. The main goal is to support the ecosystem of the blockchain protocol and accelerate decentralized application development. ‘We Want to Ensure We Enable The Architects of The Future’ According to a recent blog post, the project will
Intel – the world’s second-largest semiconductor chip manufacturer – appears to be planning a Bitcoin mining chip reveal. At this year’s ISSCC conference, the organization has a presentation scheduled under the “Highlighted Chip Releases” category to showcase a “Bonanza Mine” processor. The Bonanza Mine Processor As reported by Tom’s Hardware, Intel describes the chip as
The decentralized finance protocol OlympusDAO collaborated with Balancer to set up OHM as a liquid asset within the latter’s network. CopperLaunch and PrimeDAO will facilitate the front end of the Liquidity Bootstrapping Pools (LBPs) by adding OHM as a collateral token. The Specifics of The Project According to a document seen by CryptoPotato, the decentralized
Bitcoin is currently testing a crucial support area holding the price for the past several weeks. The next days or even hours will likely determine which direction BTC will head to in the short term. While a bullish reversal is probable if the level holds, there is the possibility of a bearish breakdown, leading to
Moody’s Investors Service recently claimed that El Salvador’s Bitcoin trading activity is boosting the nation’s risk of default. Like most other groups to speak out against the experiment, President Nayib Bukele publicly disregarded their opinion. Moody’s Take On El Salvador The ratings agency discussed El Salvador’s Bitcoin-related risks in conversation with Bloomberg last Wednesday. Analyst
Animoca Brands has raised $360 million in a fresh round of funding. As such, the valuation of the Hong Kong-based company has doubled since October 2021 to $5.5 billion. The latest round of investments was led by Liberty City Ventures along with Winklevoss Capital and Soros Fund Management. Rise in Valuation in Line With NFT
Leading cryptocurrency exchange Coinbase has teamed up with payment processing giant Mastercard to simplify purchasing non-fungible tokens. According to an official blog post today, Coinbase is planning to make it easier for newcomers to join the booming NFT market by employing a similar strategy as it did with its cryptocurrency exchange. Despite the growth of
Solana-based DeFi project, Hubble Protocol, announced today that it raised $10 million from several top crypto companies in a recent funding round ahead of its mainnet launch scheduled for next week. In a press release shared with CryptoPotato on Monday, Hubble noted that it intends to use the funds to expand its team and product
Umar Farooq – Chief Executive Officer of JPMorgan’s digital asset unit Onyx – put his name next to those who believe the cryptocurrency industry is “here to stay.” He also opined that bitcoin has started evolving since it was “kind of rolling along slowly” during its first years of existence. Crypto Nowadays Is Like Napster
Quantum-resistant Layer 1 hybrid blockchain platform, QANplatform, has announced the launch of its public TestNet, making it the first Ethereum compatible quantum-resistant blockchain platform. World’s First Quantum-Resistant Blockchain According to a press release shared with CryptoPotato, users can now add the QAN TestNet to MetaMask and transact with testnet tokens due to the network’s compatibility
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