News

The popular decentralized exchange aggregator “1inch” has dropped another useful tool for Web 3 and Defi developers. This time, it's the “spot price aggregator” – a tool that extracts price data for tokens traded on multiple DEXs right from the blockchain. This data can be incorporated right into any person’s project, using publicly available smart contract addresses and source code on Github. What is the Spot Price Aggregator? According to a press release shared with CryptoAdventure, the new tool works…

JP Morgan has joined the Metaverse. The largest bank in the U.S. has secured its spot in Decentraland. Decentraland is a game that allows users to build land and create assets from scratch. It also allows them to build rooms, buildings - and entire cities. In the heart of the game's Metajuku district, a play on Tokyo's Harajuku shopping district, JP Morgan built its Onyx lounge. https://twitter.com/fintechfrank/status/1493633222424551434 Named after its crypto initiative, the Onyx lounge features a tiger roaming the…

Monero (XMR) faces the risk of a majority attack shortly. Despite being a reputable alternative to altcoins for incognito transactions, the privacy coin could soon compromise its integrity. In light of recent efforts to kick out ASIC miners, new metrics continue to expose the susceptibility of Monero’s blockchain to a 51% takeover. A majority attack means a user (or a group of users) has pooled resources to usurp a blockchain by possessing more than 50% of its computing power.  Miners…

After reaching its donation goal of 21 BTC, Bitcoin for Truckers has announced plans on how and where it will allocate funds to support Canada’s “Freedom Convoy”. The fund has transformed into a far more critical lifeline for the movement than its initial plans. This could be a result of the increasingly draconian laws related to fundraising for the protest that it faces. How Will Truckers Redeem The Bitcoin? Nobody Caribou – a liaison between Bitcoiners and truckers in Ottawa…

Renowned Texas Rep. Ted Cruz is making waves after delivering a passionate defense of Bitcoin against its “authoritarian” critics. Calling out Elizabeth Warren and other “big government” Democrats, he said they only oppose the technology because they “can’t control it”. Bitcoin Beats Authoritarianism Ted Cruz aired his view on the matter during episode 109 of Verdict's political talk show on Saturday. In conversation with Michael Knowles, the two noted how Bitcoin was being used as a roundabout way of donating…

Coinbase Super Bowl ad got a lot of attention, so much so that it crashed their site. The crypto exchange created an unconventional ad for the Super Bowl time slot when viewership is at an all-time high. Their ad, however, featured just a logo that bounced across a black screen. In the nearly 60 seconds the ad lasted, the logo changed to a QR code. The ad, which cost an estimated $14 million, did not explain the QR code. Naturally, this…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,892 trillion. Bitcoin is up by almost 2% after a short-lived bull run this week. Ethereum decreased by over 4% to trade again below $3,000. XRP is up by more than 20% after a good run over the past seven days. Almost all altcoins are trading in the red after a highly volatile week.…

Uber is looking into enabling crypto payments and will "absolutely" allow them - at some point. However, that may not happen until transaction costs and environmental impact drop. Uber's CEO Dara Khosrowshahi said that the company could "definitely" accept cryptos like Bitcoin at some point in the future. In an interview with Bloomberg tech, the CEO revealed that the ridesharing company discusses crypto payments within the app. However, that won't happen until crypto payments become less expensive and lower their…

Ethereum layer-2 solution, Optimism, fixed a major flaw that would have permitted an illegal and continuous creation of ETH tokens.  According to sources, Optimism might have just solved a significant system vulnerability issue. The potential glitch got the attention of developers at Ethereum through an Ethical Hacker, Jay Freeman, who discovered flaws in the code and saved the network from significant theft risks.  The bug, now curtailed, was reportedly triggered by an Etherscan employee. Had the issue not been promptly…