Participants of the Cardano Incentivized Testnet (ITN) were expecting to receive reward payouts on August 3. A Shelley rollout plan had scheduled the payout days after the Shelley hard fork, on July 29th. While the Shelley mainnet launched without a fuss, the ITN rewards date came and went with no sign of a payout. Source:…
The crypto market is one of the best-performing markets in 2020. Year to date, the market capitalization of all digital assets is up by approximately 80%. Bitcoin alone is up 65%. According to Goldman Sachs’ new head of digital assets, Mathew McDermott, the rally is materializing in a resurgence in institutional interest in crypto. He…
The composition of Bitcoin’s investor base is rapidly shifting, with smaller investors garnering greater dominance over the total circulating BTC supply. This comes as the dominance of so-called crypto whales sees a sharp decline, signaling that the market is currently seeing inflows of smaller retail investors. This shift comes as more investors start turning to…
The blockchain-powered advertising technology platform, AdEx Network has announced a major update that marks its foray into the DeFi space. It involves the deployment of an updated ADX token contract on the Ethereum network to enable token staking and security mining, along with availability of built-in flash loans. The updated ADX contract enhances the tokenomics…
Ethereum Classic suffered a 51% attack last weekend, the second such attack in less than two years. Initial investigations at the time showed no evidence of double-spending. Ethereum Classic (ETC) price drops after reports of a 51% attack. (Source: TradingView.com) However, almost a week on, further investigations have revealed that the attacker managed to double-spend…
It’s no secret that Ethereum has benefited the most from the ongoing decentralized finance (DeFi) craze. After all, nearly all DeFi protocols and coins are based on the blockchain, the second-largest by market capitalization. ETH’s dominance is not really unexpected: it has the most active developers, the most brand recognition, and most importantly, has the…
Investors are beginning to turn towards “hard assets” like gold and Bitcoin to protect their capital from imminent inflation resulting from the massive money printing seen across the globe. This demand has driven gold’s price to a fresh all-time high of over $2,000 per ounce that was just set yesterday. It is also likely one…
The Cardano Foundation has unveiled a new-look website as part of its brand repositioning. This forms part of a company-wide initiative, called Project Renovare, to rebrand Cardano as it moves into the smart contract phase of development. In a blog post, PR and Communications team member Elliot Hill said the move was more than just…
De Cecco, the world’s third-largest producer of pasta, becomes the latest firm to join the VeChain ecosystem by adopting the My Care methodology. It becomes Italy’s first major food manufacturer to integrate the solution. Source: twitter.com VeChain Provides Solution to Pandemic Fears The company’s adoption of My Care is a strategy designed to counter the…
On July 28-30, Monaco hosted the 11th Global Family Office Investment Summit under the high patronage of His Serene Highness Prince Albert II of Monaco. The Ritossa’s Family Office Summit, organized by Sir Anthony, was recognized as the largest of its kind, bringing together investors with wealth over $ 4.5 trillion. The summit was aimed…