Algorand, a next-gen blockchain application network, today announced a major release that will empower the creation of more sophisticated apps while marking a milestone for its cross-chain interoperability. Developers are now able to build complex dapps for the Algorand ecosystem with smart contract-to-contract calling, and network participants can take their first step towards trustless cross-chain […]
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine, noting that the “implications for the U.S. economy are highly […]
Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive compared the newly sanctioned Russia to North Korea. Animoca […]
Read Time: 5minutes In the last couple of years, we have seen several centralized exchanges emerge from the crypto space to ease the buying and selling cryptocurrencies. The bulk of these exchanges is concentrated on the Ethereum network, as it is one of the first blockchains to use smart contracts. It has a community of devs and tools …
The start of the week has seen crypto markets surge as the ruble plunged upon news of the US and allies imposing stricter sanctions. This suggests the apparent increased demand for crypto could be a result of Russians looking to ditch the ruble in favor of Bitcoin and other cryptocurrencies. This week, we also add […]
The number of daily active signers on Solana ($SOL), which are deemed a good proxy for daily active users, has jumped 300% since the network’s last update in late September, peaking at 299,000 in late January before dropping to 232,000. According to OurNetwork, a weekly newsletter focused on on-chain analytics, data from Dune Analytics shows […]
A proof-of-stake blockchain project that offers a toolkit for building decentralized applications (DApps) is riding a wave of momentum to higher valuations. The Waves (WAVES) ecosystem aims to arm developers with a wide variety of building options, including for decentralized exchanges (DEXs), automated market makers (AMMs), lending, and non-fungible tokens (NFTs). The project also offers […]