Top 5 DeFi Projects With the Highest TVL (June 2022)

Software protocols that run on top of a blockchain network like Ethereum or Cosmos are called DeFi projects. To automate financial services, these projects use the underlying protocol technology and novel innovations. DeFi Projects gets their name because they are non-custodial and decentralized. The term “non-custodial” refers to the fact that the system does not […]

Lightning Network now supported on bitcoin e-commerce savings site Purse.io

Purse.io, a platform that enables users to receive discounts when shopping for any product on Amazon by matching Shoppers with Earners (users who wish to exchange their Amazon gift cards for bitcoin), announced that the Lightning Network will soon be supported. As a result, Shoppers and Earners can access instant transactions while paying lower fees. […]

Blockchain Intelligence Group launches NFT Explorer built on QLUE analytics

Blockchain Intelligence Group, the cryptocurrency compliance and intelligence company, owned by BIGG Digital Assets, today announced the launch of NFT Explorer, the first risk and investigation solution for NFTs, built on the QLUE data analytics platform. Development of the new NFT Explorer core capabilities relied on client feedback and work with expert collaborators across financial, tech, […]

MetaWeek to Return to Dubai and to Bring Big Brands That Move Into the Metaverse

Dubai, UAE, 16th June, 2022, Chainwire The second edition of the MetaWeek conference will take place on September 11-14, 2022 in Dubai. The week-long event will showcase large corporations that embrace the Metaverse and bet big on virtual realm development. The Metaverse season is in full swing for global tech and business communities. After huge […]

Blockdaemon goes live with its most advanced blockchain API suite: Ubiquity V1

Blockdaemon, the blockchain node * infrastructure tooling platform, today announced the launch of Ubiquity V1, a new and improved version of its Ubiquity API suite. Ubiquity V1 replaces previously used Beta version V2 and V3 endpoints. After August 12th, 2022, these old Beta version endpoints will no longer be available. Unifying numerous improvements that have […]

Bitcoin and Ethereum Price Manage to Hold Support as Stock Markets Jump Briefly

After incurring significant losses earlier this week, the Bitcoin and Ethereum prices managed to hold support this Thursday as stock markets jumped Wednesday afternoon briefly amid the Fed raising interest rates by 75 basis points to fight inflation. The last time interest rates were as high as they are right now was two years ago […]

Bitcoin Falls Below $21,000 As Celsius Pauses Withdrawals

Bitcoin (BTC), the largest and oldest cryptocurrency in the world, has fallen below $21,000 for the first time since December 2020. This shows that there has been a strong sell-off in the cryptocurrency market pushed by different reasons, including Celsius’ liquidity crisis. There are other things that we should take into consideration as well, including […]

Celsius CEO “Loses Voice” Two Days Before Halting All Withdrawals

The crypto-lending firm Celsius, which offers high-yield returns on user deposits, appears to be the latest to falter in the face of tightening financial conditions. It also came barely one month after the Terra-Luna stablecoin network collapsed. Background Celsius Network is a blockchain-based lending platform accessible through a free mobile app. Celsius Network is a […]