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“# Cosmos launches Inter-Blockchain Communication to enable cross-chain DeFi ” The self-described “Internet of blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains. Comos’ IBC went live on March 29, enabling token transfers between Cosmos and other IBC-compatible blockchains. The feature, which has been…
“# Flamingo (FLM) TVL rises as Ethereum gas solutions remain elusive ” Yield farming has grown in popularity over the past year alongside the rise of decentralized finance, but recently the ability to earn a good return has been limited by the high transaction costs on the Ethereum (ETH) network. As a result, yield farmers…
“# The promise of smart contract adoption is held back by crypto silos ” The internet is buzzing over recent developments in decentralized finance, or DeFi — smart contracts are hotter than ever. You might think you missed the coronation ceremony, but smart contracts are actually used in only a small corner of the crypto…
“# Cointelegraph Consulting: Hype for NFTs is real, but what about transaction volume? ” Covalent’s latest findings in Cointelegraph Consulting’s biweekly newsletter indicate that the non-fungible token market has whales of its own. The largest user on the OpenSea makes up $192 million in reserve capital while the other users in the top 20% by…
“# Bahamas’ Sand Dollar nears commercial rollout as interoperability completed ” The Central Bank of the Bahamas has announced that its central bank digital currency, the Sand Dollar, is expected to achieve full interoperability between its various wallet providers within the week. A recent statement released by the CBoB revealed that authorized financial institutions, or…
“# Kakao’s Klaytn expands NFT offerings to OpenSea following 800% quarterly growth ” Klaytn, the blockchain project of South Korean tech giant Kakao, has partnered up with NFT marketplace OpenSea to bring a non-fungible token market to its platform. Klaytn is a smart-contract platform developed by Kakao’s blockchain wing, Ground X, which will develop its…
“# Polkadot moves towards sharding as Acala Network secures first Rococo parachain slot ” The Polkadot ecosystem continues to progress, with DeFi platform Acala Network becoming the first to win a parachain slot on the Rococo testnet. Acala, the self-described decentralized finance hub for Polkadot, announced it had secured the slot on March 26. Acala…
“# PancakeSwap (CAKE) aims to take a slice out of Uniswap’s DeFi dominance ” Decentralized finance has taken a back seat to nonfungible tokens over the past month but this hasn’t stopped the top DeFi projects from developing and strategizing how to grow their ecosystems and market share. One project that has outperformed the field…
“# NFTs are not just for art: As technology matures, more uses will emerge? ” Before the age of smartphones allowed the average person on the street to snap a selfie with their favorite celebrity, autographs and signed memorabilia were highly sought after by collectors. Naturally, the value of these real-world, authentic and rare keepsakes…
“# The first days of Bitcoin and Dustin D. Trammell’s emails with Satoshi Nakamoto ” It is not known if Satoshi Nakamoto created Bitcoin (BTC) alone, if they had help from others, or whether they themself are just a pseudonym for a developer collective. However, after the launch of Bitcoin on Jan. 9, 2009, Nakamoto…