This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
Although the Bitcoin blockchain lacks the infrastructural model to enable interoperability and power a DeFi landscape like Ethereum, the asset is increasingly being used to provide liquidity in the DeFi market.
While decentralized exchanges are being heavily pushed in the cryptocurrency industry, it will take a while before they can really take over centralized exchanges.
On Wednesday, 14th October, BTC/USD was trading in the price range between $11,430 and $11,568.
Ken’s idea to receive his salary on XRP over Japanese Yen will give him some added market advantage over time.
The Mt. Gox trustee has led the extension of the rehabilitation plan multiple times with the recent ones dating back to March 31, 2020.
Applications for the Algorand Europe Accelerator are currently open until December 18, 2020.
Bloq announced an easy-to-use platform dubbed Vesper that would automate DeFi investments. Vesper is simpler than yield farming as it saves time as well as money spent on transaction fees since it entails a handful of steps instead of a dozen.
While the listing of Filecoin even ahead of its mainnet launch is largely uncommon in the crypto sphere, Kraken’s VP of product, Jeremy Welch confirmed that the listing of Filecoin meets all regular procedures and protocols the exchange adopt in listing a token.
The Ethereum co-founder Vitalik Buterin noted that the sharding implementation can take time. Meanwhile, he advised users to move to other layer-2 scaling solutions like rollups that offer 100x transaction throughput.
The report by Fidelity depicts that Bitcoin has major fundamentals that put it further from health and economic adverse effects.
Interested LinkEye investors can begin depositing LET on Indodax starting from today.
About 47.6% of the Ripple community members who participated in the poll said that they are ‘Extremely Likely’ to recommend the XRP coin to their family and friends.
According to Schwartz, project founders are not bound to have complete faith in their abilities and ideas. He indicated that by not having complete faith, they can make better decisions.
The Bank of Russia noted that the country’s existing digital payment infrastructure can support the new Digital Ruble as payment rails for the CBDC. Besides, the central bank plans to introduce the CBDC for all participants including government, citizens, businesses, etc.
The free digital yuan currency awarded in the lottery can be spent only in 3389 stores that are set up to handle electronic payments.