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 $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Blockchain
JSBIT Sponsors Mining Disrupt 2023, Pledges to Strengthen the Future of Blockchain and Cryptocurrency Mining
JSBIT, an eminent provider of high-performance crypto mining hardware and services, has been announced as a whale sponsor for Mining Disrupt 2023, the world's leading event for the blockchain and mining technology sector. This commitment underscores JSBIT’s mission to foster technological progress and collaboration within the blockchain community. Mining Disrupt 2023, scheduled for July 25th - 27th in Miami, Florida, is a pivotal gathering of the industry's foremost mining leaders, technology pundits, and enthusiasts. The conference serves as a nexus…
2 years ago
Horizon Network, the trailblazing blockchain platform, poised to shape the future of decentralized technology
With a strong focus on innovation, scalability, and fostering a thriving ecosystem, Horizon Network presents an exceptional investment opportunity. This article highlights the platform's achievements, outlines its potential, and invites investors to be a part of this groundbreaking journey. Horizon Network has laid a rock-solid foundation for success. From completing the Solidproof Audit to ensuring the platform's security and reliability, every step has been taken to establish trust and confidence among users and investors. The completion of the audit demonstrates…
2 years ago
Using Open-Source Protocols for Developing Scalable Solutions on Blockchain
Blockchain technology's safe, transparent, and decentralized transaction platform might transform several sectors. However, building scalable blockchain solutions can be a challenging task. This short guide will explore how to leverage open-source protocols to develop scalable blockchain solutions. The article aims to make it easier for developers to plan the realization of robust and secure blockchain applications. Understanding Open-Source Protocols Open-source protocols, such as Ethereum and Hyperledger Fabric, come from organizations and are available for anyone to code for free. Unlike…
2 years ago
How Can Social Media Benefit from NFTs and Blockchain Technology?
The digital world is transforming in ways we never imagined, and Non-Fungible Tokens (NFTs) are leading the way. Thanks to blockchain technology and NFTs, social media platforms are beginning to experience a new level of engagement. From customizable avatars to augmented reality items, NFTs are giving big tech companies new ideas. This article will explore the potential benefits of using NFTs for social media platforms and the sector’s best practices. In this context, Instagram's experiment with NFTs represents a peculiar…
2 years ago
From Web2 to Web3 – How to Move an Existing Project to the Blockchain
Web2 and Web3 are two different generations of the World Wide Web. While Web2 is a centralized platform, Web3 is decentralized and powered by blockchain technology. The success of Web3 has been enormous, with many people now moving from Web2 to take advantage of its benefits. However, the path to Web3 is not always straightforward. It is complicated and requires a deep understanding of both technologies. Today's guide will ensure you have the right information to successfully move from Web2…
2 years ago
DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, has announced the debut of the Euro-backed stablecoin Euro Coin (EUROC) on its native blockchain. DeFiChain is one of the first blockchains to fully integrate a Euro-backed stablecoin. On DeFiChain, the EUROC will have the same support as the USDC and USDT. It means Cake DeFi will act as a custodian and issue dEUROC, a dAsset representing the EUROC stablecoin on…
2 years ago
Wemade announces Partnership with Space and Time to Power Blockchain and Gaming Services
Wemade Co., Ltd (KOSDAQ:112040), one of the largest publicly-listed gaming companies in South Korea with a market capitalization of US$1.4 billion, has announced a strategic partnership with Space and Time (SxT), a leader in decentralized data warehousing. The partnership will allow Wemade to power its blockchain and gaming services with Space and Time’s decentralized suite of developer tools. Today, Wemade services more than 20 different play-to-earn (P2E) games across all genres, including MIR M and the world's no. 1 blockchain…
2 years ago
Massive Gaming launch the World’s First Stable Blockchain-Based Social Poker Game
Massive Gaming, NEOWIZ’s overseas affiliate, will launch the global social casino hold'em game House of Poker in March 2023, following the successful opening of the Play and Earn social casino game House of Slots. House of Poker is an iTech Labs certified global social hold'em game providing users with a fair and realistic gaming experience through various hold’em tournament contents and live face chat. Through the Play and Earn system, users will be able to receive stored rewards in a…
2 years ago
Trustlessly purchasing an NFT on Flare using the token of a different blockchain
The layer-1 for data, Flare, just completed a live demonstration of new interoperability functionality now available in beta on the network. Using two core interoperability protocols, State Connector and Flare Time Series Oracle (FTSO), an NFT was trustlessly purchased with the transaction taking place on a different chain using a different token. The demo was performed on Flare’s canary network, Songbird, with the purchase made using DOGE and XRP tokens. Flare’s State Connector protocols enable information, both from other blockchains…
2 years ago