Day: October 5, 2021

Ethereum-Based Blogging Platform Mirror Opens Up to Everyone

Mirror , an Ethereum -based decentralized blogging protocol that first launched last December, has opened up its doors to all creators. Prior to today’s announcement, creators could only gain access to Mirror by earning enough votes in Mirror’s weekly WRITE Race on Wednesday afternoons. Existing Mirror users would have two hours to vote on applicants

Dogecoin May Break Out with $0.43 in Target Range

Dogecoin is the latest meme coin that looks poised to resume its uptrend. Both technical and on-chain metrics suggest that DOGE could possibly enter a new bull run in the short-term. Dogecoin Ready to Resume Uptrend Dogecoin appears to be breaking out after enduring a five-month-long consolidation period. Since late April, the tenth-largest cryptocurrency by

Gutter Cat Gang Shows How NFT Collections Try to Stay Relevant

Cat videos received more than 26 billion views on YouTube in 2014 alone, according to a 2015 research paper published by Indiana University. Given these statistics, along with the fact that cats have been called the “unofficial mascots of the internet ,” it’s no surprise the initial Gutter Cat Gang NFTs, a collection of 3,000

Fifth-Largest Bank in U.S. Now Offering Bitcoin Custody Services

U.S. Bank, the fifth-largest banking institution in the United States, today announced that it has launched custodial services for Bitcoin . Institutional investment managers with private funds in the U.S. or the Cayman Islands can now tap the bank’s service to store their private keys. The bank is working with financial services and technology firm

Colombia Could Use Waterfalls to Produce Bitcoin, Not Cocaine: Senator Petro

A high-profile Colombian politician has suggested the country look to El Salvador for inspiration and mine Bitcoin Bitcoin using renewable energy—instead of producing cocaine. Gustavo Petro, a leftist senator retweeted a story about El Salvador President Nayib Bukele announcing that the country had started mining Bitcoin using volcanic energy and commented: “What if the Pacific

Axie Infinity Developer Raises $152M at $3B Valuation

Sky Mavis, the gaming studio behind the top blockchain game Axie Infinity, announced Tuesday that it had raised $152 million in a Series B funding round. Axie Infinity Developer Closes Series B Funding Round Sky Mavis, the game developer behind the NFT-based play-to-earn hit Axie Infinity, has raised $152 million in a Series B funding

BTC, ADA, and BNB Price Analysis for October 5

Bulls have pushed back against bears and seized control over the market. Almost all of the top 10 coins are in the green. Solana (SOL) is the only exception, with its price not budging since yesterday. Top coins by CoinMarketCap BTC/USD During the day yesterday, the Bitcoin (BTC) price consolidated in a narrow sideways range

IMF Head Says Bitcoin Is Not Money

During a virtual event organized by Italy’s Bocconi University, Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), said that Bitcoin cannot be recognized as money, Reuters reports. Georgieva states that cryptocurrencies of the likes of Bitcoin are too volatile to fulfill such a role: In the history of money, it is difficult

DeFi Exchange THORSwap Closes $3.75M Token Sale

THORSwap, the multi-chain liquidity platform on THORChain, has raised $3.75 million in a private token sale. THORSwap Closes Private Token Sale THORSwap, a decentralized exchange for swapping tokens across a variety of Layer 1 blockchains, has closed a $3.75 million funding round. IDEO CoLab Ventures led the raise, while other participants included Sanctor Capital, THORChain,

First-Ever Ethereum 2.0 Upgrade Altair Date Confirmed by Ethereum Foundation

The “Altair Mainnet Announcement” by Danny Ryan invites all node operators of Ethereum 2.0 to upgrade their software to avoid the validator downtime penalty. Altair will be activated on Oct. 27, 2021 According to the official blog post by Mr. Ryan, the Altair beacon chain (ETH2 initial phase) upgrade will go live in mainnet at

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