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Content creators on Alethea AI are the new beneficiaries of smart contracts after adopting a revenue model that will promote their synthetic meme creation works.  Users can now stake in stablecoin DAI and earn interest from the new protocol, Compound Finance, and then use the income to create more memes.  Users staking their DAI tokens in support of meme creation will earn ALE tokens and gain a right to vote on newly created memes or directly commission the development of…

KT Corporation, the giant South Korean telephone company, has launched a platform for contracts dubbed KT Paperless. The blockchain technology-based KT Paperless will be a document integration platform that will allow its users to formulate and distribute contracts. It will serve as their storage point from where they can see activities such as opening, signing, or alterations on the contracts, using the timestamp technology. Users can also confirm whether they sent documents, confirm the receipt and viewing times, and notices…

Students doing Masters in Blockchain networks at the University of Malta are currently using the University's dApp to vote for student reps. According to their recent reports, this is the first instance that students use blockchain for voting. This dApp solution is centered on a blockchain digital identity platform, a product of Vodafone. It has super-advanced privacy features as a voting platform, and the students can fully take control of all their data without fearing an outsider's eye.  This blockchain-centered…

BTC has recently noticed severe steady drops from the support level at $6.5k, with the price breaking the largest barrier at $6.2k at the 100 hourly SMA.  Even further, the bears broke the price to below $6k, leading BTC to trade at an even low of $5,846. However, the most recent information shows BTC prices recovering from $5,950 and $6k levels.  BTC dropped mostly from $6,875 to a low of $5,846. Additionally, there was a slow break when the resistance…

Binance, one of the most popular crypto exchange networks, recently announced a possible delisting of all FXT leverage tokens, including their pairs. The FXT leverage tokens are just a recent addition in Binance, but now Binance, citing complexity, decided to remove the token.  The delisting of the FXT leverage tokens will start precisely on 31st March at 10:00 a.m. All users got the freedom to trade out their tokens 2 hours before this announcement. The platform will refund all holders…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $173 billion. Bitcoin gains 10% in dollar value and trades safely above the $6,500 mark. Ethereum traded steadily between $135 and $140 XRP rises to $0.19 but drops by 3% on the weekend The Trump Administration announces a $2 trillion economic stimulus. The equity market also increases by 10% Covid-19 has now spread to…

Santiment, an analytics platform, recently released a report that revealed positive sentiment still prevails on crypto Twitter, after the recent bitcoin price plunge. Santiment is a platform that analyzes several crypto-related posts on different social media platforms to help investors get an overall feel of the market. According to their recent report, the last 3 months have obviously seen a change of attitude towards crypto, as the price dropped from $10,300 levels to sub-$4,000. However, their report suggests that the…

Bitcoin addresses with 1 BTC or more are getting closer to the 800K mark, an ATH, according to a recent report. Data released by crypto statistic resource Glassnode on March 28, reveals that the total number of Bitcoin wallets containing at least 1 BTC currently stands at 797,420. Within a 24 hour period, the totals have increased by 101 wallets. It is also important to note that some individuals may have access to more than 1 Bitcoin wallets. This implies…

Over a decade ago, the first cryptocurrency to permit secure transactions (bitcoin) changed the fintech world. It is based on cheap peer-to-peer transactions and is designed to be completely decentralized.  This digital evolution was set up to eliminate the centralized model of managing finances that monopolized the industry. However, a virtual currency based on blockchain technology has remained in the speculative emerging finance growth category over the years. That means we are still heavily reliant on the traditional financial systems…