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.
Binance community proposes the idea of a parallel blockchain to the current Binance chain, called Binance Smart Chain, which will offer better smart contract functionality.
Coinbase Custody has stated that it will add support for the newly announced Compound Governance protocols which aims at moving towards a decentralized finance model.
The U.S. State of Wyoming, one of the most crypto-friendly states in America, has amended its insurance code to allow domestic insurance companies to invest in digital assets like Bitcoin.
Several local industry reports suggest that China could be all set to introduce its Digital Currency Electronic Payment (DCEP) in the market by May 2020. It will initially test the use of digital currencies among its state employees.
The Libra Association confirmed that it will abandon its original vision of a global stablecoin pegged on a multiple national currencies and go for many stablecoins each representing a fiat currency.
The digital yuan app would be available for download in Shenzhen, Chengdu, Suzhou, and Xiongan when the test begins.
Today, on Thursday, April 16th, the Ethereum price is growing steeply. The coin is generally trading at 169.70 USD.
Bitcoin price has climbed back to $7,000 after the recent fall below this level. Ethereum, meanwhile, has gained over 8% in 24 hours. ETH is trading for around $170.
China might be close to launching its CBDC as the Agricultural Bank of China has now started testing an official mobile app for the national digital currency.
ICO’s, IEO’s, and even STO’s have failed to live up to their promised hype as it became difficult for blockchain companies to raise capital through them. However, some companies have found success in the token sale model.
The cryptocurrency market is correcting again. Assets are rebounding from their respective resistance levels while the potential for significant decline remains. On shorter timeframes, instruments are reversal patterns and some of them have already left rising channels.
Andreessen Horowitz is going to start its second crypto investment fund and wants to garner $450 million in capital.
Bison Trails said it is ready to provide a seamless and secure staking integration for Coinbase Custody customers, making it incredibly easy for them to earn staking rewards.
According to the description on Apple iTunes, the movie from Litecoin sets three friends off on a road trip to a heavy metal gig that ultimately sees them involved in scary shenanigans involving satanic killers.
Cartesi (CTSI) is set to have its token sale vie a lottery system between. The entire procedure will take place between April 14th and 22nd on the Binance Launchpad platform.