sponsored HUMAN Protocol has launched on the Ethereum Mainnet. To complement this launch – which also involved the listing of HMT (the native token of HUMAN Protocol) on FTX and Gate.io on the 10th of August – the HUMAN Protocol Foundation has now released the HUMAN App: the first opportunity for people to earn HMT
Month: August 2021
The cryptocurrency market has successfully rebounded from the two-month slump it had gone into from late May to the end of July. Bitcoin (BTC) and Ethereum (ETH) have been leading the charge, posting impressive gains over the last two weeks. The market is seeing price levels that it had reached back in May of this
The last-minute cryptocurrency provisions added to the U.S. infrastructure bill sought to “capture DeFi,” argues Compound’s general counsel Jake Chervinsky. Appearing on the Bankless State of the Network podcast on August 17, Chervinsky — who is also DeFi Chair of the Blockchain Association — said the industry had been “blindsided” by the infrastructure bill’s crypto
The cryptocurrency market found itself in a holding pattern on Aug. 17 as the price of Bitcoin (BTC) lingers below $46,000 and bulls regroup to plan their next attempt to push the price higher. Despite the struggles faced by many of the top cryptocurrencies, several altcoins were buoyed by positive developments and CT Pro’s top
Decentralized exchange aggregator 1inch has announced its deployment on the Optimistic Ethereum, or OE, mainnet, highlighting a considerable reduction in user transaction fees and confirmation delays. Sergej Kunz, co-founder of the 1inch Network stated “the 1inch launch on Optimistic will facilitate a dramatic increase in transaction speed.” While deposits utilizing the OE network are set
Utility is always a tough nut to crack around NFT projects. These days, if an NFT project isn’t providing some sort of inherent utility or carrying some sort of unique characteristics, it’s unlikely to gain much traction. In enters Jack Butcher, creator of Visualize Value. After spending years in advertising, Jack started Visualize Value to,
Bitcoin’s (BTC) 65% recovery from sub $29,500 on July 20 to a swing high at $48,200 on Aug. 14 took less than a month and helped bring fresh bullish momentum back to the crypto market and traders who were dreading the prospect of another prolon bear market. Currently, the BTC rally has stalled out near
A bull trend is formed when demand exceeds supply and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of a trading range. Sometimes, this leads to the formation of a rectangle pattern, which can also be described as a
When it comes to software piracy platforms, the top performers remain for the office productivity suite and Windows operating system. So it’s not a surprise that the developer of the two products, Microsoft, takes its moves in creating Ethereum backed anti-piracy measures. Microsoft’s research department released a recent document involving contributions of other researchers from
Presently, the staking contract of Eth2 has become the largest holder of Ethereum. Moreover, it is compliant with ERC-20 standards and leads the other projects using the same tokens. The blockchain analytics source Nansen carries that the staking contract of Eth2 has exceeded that of WETH (Wrapped Ethereum) and is now the largest single Eher
On August 17, 24 Hours of Le Mans, the endurance sports car race held annually in Le Mans, France, and the European art collective the Automobilist revealed the launch of the first-ever 24H Le Mans’ non-fungible token (NFT) collection. 24 Hours of Le Mans and the Automobilist to Launch ‘Legends of Le Mans’ NFT collection
Fidelity’s plan to corner the cryptocurrency market appears to be more ambitious than previously imagined, as the asset manager looks to provide more institutional pathways to digital assets. In a recent interview with the Boston Globe, Chrstine Sandler, the head of sales and marketing for Fidelity Digital Assets, said institutional interest in crypto is growing.
Two members of the United States House of Representatives have petitioned the heads of the Securities and Exchange Commission and Commodity Futures Trading Commission to work with participants in the crypto space for transparency and regulatory clarity. In a Monday tweet, Representative Glenn Thompson said he had submitted a letter with Representative Patrick McHenry to
The team behind mining software NBMiner claim to have partially cracked Nvidia’s anti-mining limitations. Back in June Nvidia implemented an algorithm called Lite Hash Rate, or LHR, on all graphics cards from its RTX 30 series in an attempt to curb crypto mining. The limiter works on both the BIOS and driver level detecting mining algorithms
Leading the crypto market for the past month, Ethereum still displays conviction as it moves back to previous highs. The second cryptocurrency by market cap has slow down in the past day, but still seems bullish to records more gains in the short term. At the time of writing, ETH trades at $3,157 with a
As blockchain technology expands its horizons, attention is turning towards Hollywood with the introduction of a brand new decentralized series titled “HODL,” which will feature fan engagement tokens and highlight mining services-for-all. Audience to Gain Exposure to Token Incentives and Mining Art imitates life in one of the latest expressions of the blockchain universe as
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