Terra, Avalanche and Osmosis lead the L1 recovery while Bitcoin searches for support
LUNA, AVAX and OSMO have outperformed most altcoins, hinting that a DeFi revival could be in store. Go to Source Powered by WPeMatico
Month: March 2022
Bitcoin Miner Mawson Inks Hosting Deals With Celsius Mining and Foundry Digital
The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities and Exchange Commission (SEC) documents show that Mawson signed a 100-megawatt (MW) co-location agreement with Celsius Mining. Three days later, Mawson announced a 12-megawatt (MW) co-location deal with Foundry Digital. … Read more
Top 5 Most Popular Places in Decentraland’s Metaverse (March 2022)
Decentraland is the highest-valued Metaverse on the market, with a current market capitalization of over $4.6 billion and a 24-hour trading volume of over $398 million. Decentraland features hundreds of places users can visit, and this article looks at the top five most popular places to visit in Decentralnd in March 2022. Note: The list … Read more
Impermanent loss challenges the claim that DeFi is the ‘future of France’
Investors are often lured to DeFi by the four-digit APYs on offer, but in many instances, impermanent loss actually siphons away any potential profits investors might have accrued. Go to Source Powered by WPeMatico
NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week. NFT Interest and … Read more
Technical Analysis: Cosmos Down 10%, as ANC Extends Recent Gains
Cosmos was 10% lower on Saturday, as the red wave once again submerged crypto markets. Despite this, Anchor protocol was again able to extend gains, climbing by as much as 15% in the process. Cosmos (ATOM) Cosmos (ATOM) was able to hang on to the #20 spot in the crypto top 100 on Saturday, despite … Read more
Opensea phishing scandal reveals a security need across the NFT landscape
OpenSea’s latest vulnerability poses a larger and more deeper question relating to the global NFT ecosystem’s existing security infrastructure. Go to Source Powered by WPeMatico
Fast-Food Chain Shake Shack Trials Bitcoin Rewards for Customers Using Cash App
The American fast-food restaurant chain Shake Shack is giving bitcoin rewards to customers leveraging Cash App’s debit card payment rail, Cash Card. According to Shake Shack, participants will get 15% of their purchase back in the form of bitcoin, and the crypto promotion will last until mid-March. Shake Shack Experiments With Bitcoin Trial to Lure … Read more
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $40,000 to Start Weekend
Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process. Bitcoin BTC fell for its fourth consecutive session on Saturday, as the world’s largest cryptocurrency dropped below its long-term support level. The price of … Read more
What is the Algorand blockchain, and how does it work?
Algorand’s PPoS consensus algorithm distinguishes it from other blockchain networks that help solve blockchain trilemma. Go to Source Powered by WPeMatico
