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“# ICON (ICX) unaffected by South Korean tax investigation into ICONLOOP, says chairman ” The ICON Foundation, creator of the ICON (ICX) project, has issued an official response to the news that South Korean tax authorities are investigating its technical partner, ICONLOOP. In a statement published on Monday, the chairman of the ICON Foundation, Min…
“# Searching deep: The quest for Bitcoin scalability through layer two protocols ” As the largest cryptocurrency by market capitalization, Bitcoin’s (BTC) effectiveness as a medium of exchange is still a matter for debate. Unlike fiat money that is inherently infinite in supply and must be managed by a central bank, Bitcoin is akin to…
“# Decentralized finance may be the future, but education is still lacking ” Engaging in the traditional financial markets has become less appealing to consumers and institutional investors as of late. New opportunities are plentiful, with decentralized finance getting a lot of attention. However, that new movement is not without its risks and flaws, either….
“# Fetch.ai (FET) hits a 2-year high after DeFi integration and Bosch partnership ” Artificial intelligence and machine learning are changing the face of commerce, computing and other technologies on a daily basis. In its most basic form, the information gathered by artificial intelligence is really just data that can be used to make interpretations…
“# What Ethereum killer? On-chain data shows competitor networks are still behind ” Ether (ETH) remains the second-largest cryptocurrency and it absolutely dominates the smart contract industry according to an array of network usage metrics. Even though the network has been overwhelmed by peak activity which is causing median fees to surpass $10, the network…
“# Basketball billionaires form NBA blockchain use case committee ” Blockchain tech may soon become an integral part of the world’s largest basketball league. According to a report from Sportico yesterday, a group of some of the wealthiest and most powerful National Basketball Association team owners are forming a committee to investigate blockchain use cases…
“# Apple Pay integration and Staking 3.0 launch push COTI price to a new high ” As big-name payment processors like Visa and Mastercard increasingly integrate blockchain technology into their payment rails, decentralized platforms offering the best solutions to issues like scalability and fast transaction times are gaining traction. COTI is one such platform that…
“# Ethereum fees are skyrocketing — But traders have alternatives ” With the rapid growth of decentralized finance, upcoming scaling developments on Ethereum 2.0, and increased crypto allocation in the portfolios of institutions, the price of Ether (ETH) is rapidly ascending. In fact, we’ve already seen ETH break the $2,000 barrier for the first time,…
“# Dev says $31 million Meerkat Finance exploit was a ‘test’; will return funds ” There may be good news on the horizon for the victims of one of DeFi’s largest-ever exploits. At 5:30 AM UTC today, a Meerkat Finance developer identifying themselves as “Jamboo” posted a short message in a newly-created Telegram channel, “Meerkatrefunds.”…
“# New York governor Cuomo reveals COVID-19 pilot built on IBM blockchain ” A sense of relief has begun to emerge as COVID-19 vaccinations continue to be administered across the world. While hopeful, a new challenge remains: distinguishing between individuals vaccinated and those unvaccinated. Various statistics claim that very little of the world’s population has been fully vaccinated as of…