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Month: February 2023

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  • Stacks releases two whitepapers: STX price shoots up 31%

Stacks releases two whitepapers: STX price shoots up 31%

Stacks blockchain was designed to bring smart contracts and dApps to Bitcoin. Stacks is providing a way to transfer assets to and from Bitcoin using smart contracts. Its releases today…

Cronos Price Rallies While Metacade Shoots for the Moon

2023 looks set to be a year when crypto markets begin to rebound after the long and varied struggles of 2022. Some altcoins, such as Cronos (CRO), are already showing…

Tencent eyes support for Web3 growth with Ankr, Avalanche partnerships

Tencent Cloud has signed an MoU with Web3 blockchain infrastructure platform Ankr. The company also revealed partnerships with Avalanche, Ethereum scaling solution Scroll and Mysten Labs’ Sui blockchain. Tencent Cloud…

Ankr price prediction: ANKR outlook after Microsoft and Tencent partnerships

Ankr (ANKR) price is up 70% this past week, while positive news has helped its value more than double on the 30-day timeframe. Ankr has struck partnerships with Microsoft and…

Are BTC mining stocks still a good bet after inflation ticked up in January?

U.S. consumer prices were up a more than expected 6.4% in January. Bitcoin mining stocks still gained near 20% in the week ended Feb 19th. Mike Colonnese reiterated his bullish…

PODCAST: Has Avalanche solved the blockchain trilemma?

Key Takeaways Avalanche is the world’s fifteenth biggest cryptocurrency by market cap John Nahas, Vice President of Business Development at the firm behind Avalanche, Ava Labs joins the podcast He…

BUSD briefly falls to $0.20 on Binance

Binance USD (BUSD) temporarily plunged to $0.20 on Binance on Wednesday. The depeg against DAI happened after a single $647,000 sell order. BUSD quickly regained its $1 peg, with the…

Ethereum’s Shanghai/Capella network upgrade is slated for Feb. 28

Ethereum plans to deploy the Shanghai/Capella upgrade on Sepolia testnet The update is scheduled to test staked ETH withdrawals. The Shanghai-Capella was earlier tested on the Zhejiang testnet but developers…

TrueUSD the first USD-backed stablecoin to use Chainlink ‘Proof of Reserve’ to mint

TrueUSD will use Chainlink Proof of Reserve (PoR) in minting the TUSD stablecoin. It is the first stablecoin to use Chainlink PoR in controlling the minting process. The PoR will…

Crypto regulation needs to be more transparent, Blockchain Association CEO says

Kristin Smith, CEO of crypto industry group Blockchain Association is optimistic of crypto regulation this year. She notes that crypto enforcement actions and settlements have been “behind closed doors” affairs.…