Author: Emma Davis

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Emma Davis

Emma Davis is a highly skilled and experienced crypto writer with a passion for all things blockchain and cryptocurrency. With years of experience writing about the latest trends, news, and innovations in the crypto world, Emma has established herself as one of the best crypto journalists.

Articles by Emma Davis

Cardano Testnet Adopts Wrapped Bitcoin Token

Cardano Testnet Integrates Wrapped Bitcoin Token

1 year ago 1 min read

The Cardano ecosystem has taken a significant step towards expanding its decentralized finance (DeFi) offerings with the launch of cBTC, a wrapped bitcoin token, on the Cardano testnet. The developers behind the project are aiming to attract bitcoin users to the Cardano DeFi ecosystem, allowing them to mint cBTC tokens from the anetaBTC protocol and use them to fund, trade, or provide liquidity to Cardano testnet protocols. Wrapped tokens like cBTC make it easy for users to transfer value across different blockchains that lack interoperability. In other words, they allow users to access different DeFi protocols without requiring the native

Ripple Takes on Financial Inequality, Pledging to Serve 3.7 Billion People Globally

Ripple Plans to Provide Financial Services to 3.7 Billion People Around the World

1 year ago 1 min read

Blockchain-based fintech company Ripple has set its sights on helping over 3.7 billion unbanked and underbanked individuals around the globe. In a tweet released on Earth Day, Ripple announced its plans to tackle one of the most pressing challenges of the century – the global climate crisis – with the help of blockchain innovation in carbon markets. Ripple has been working on this initiative since 2018 and has partnered with various fintech companies, foundations, universities, social entrepreneurs, and NGOs to make progress. The partners are currently active in over 80 countries and have already provided $150 million in donations. According

Bitcoin drops to lowest position in April, while altcoins suffer even more

BTC hits a new low for April at $27,000 as altcoins continue to struggle

1 year ago 1 min read

The world’s most popular cryptocurrency, Bitcoin (BTC), has continued its downward spiral, hitting a 25-day low of $27,000. Other altcoins have fared even worse, with Dogecoin experiencing significant losses, while APT and OKB have experienced the biggest slump among mid-cap altcoins. BTC made a significant jump on April 10, soaring past $30,000 for the first time since June 2020. Later that week, it hit its highest price point at just over $31,000 on April 14. However, the following week was less volatile, with BTC hovering around $30,000. On April 19, things took a turn for the worse, and BTC plummeted

MICA Gets Green Light: EU Approves New Law for Crypto Markets

EU Passes Markets in Crypto-Assets Act (MICA) to Regulate Digital Assets

1 year ago 1 min read

The European Union (EU) has taken a significant step towards establishing a standardized regulatory infrastructure for cryptocurrencies with the adoption of the Markets in Crypto-Assets Act (MiCA). This Act will work towards eradicating uncertainties for investors and institutions by setting a standard set of regulations for cryptocurrency assets across the EU. The legislation, however, still needs approval from the European Council before it can become standard regulation. Following the vote, Stefan Verger, a member of the European Parliament, tweeted that the adoption of the regulation was a significant milestone for the crypto asset industry. He thanked his colleagues and the

Australia Takes the Lead in Bitcoin ATM Adoption Across the Globe

Bitcoin ATM Expansion Surges in Australia, Outpacing Asia

1 year ago 1 min read

Australia has recently emerged as a powerhouse in the crypto ATM space, surpassing the entire continent of Asia in the total number of crypto ATMs installed. According to data from Coin ATM Radar, Australia now hosts the third-largest network of Bitcoin ATMs in the world, with 364 machines installed. What’s even more impressive is the country’s consistent growth in space. While other leading nations, such as the United States and various European countries, have seen a reduction in ATM installations, Australia has been consistently adding new machines since the beginning of 2023. This growth comes at a time when the

Kyber Network decentralized crypto exchange

Kyber Network Sounds Alarm Bells, Calls for Immediate Fund Withdrawal

1 year ago 1 min read

Kyber Network, the developer of the Kyberswap Elastic decentralized crypto exchange, announced on April 17 that there was a potential vulnerability in the exchange’s contracts. As a precaution, all liquidity providers have been instructed to withdraw their cash as soon as possible. The vulnerability is limited to Kyberswap Elastic money, and no funds were lost, according to the developer. Kyberswap Elastic is a decentralized exchange that allows liquidity providers to provide “concentrated liquidity” by setting a price cap and floor for the tokens they deposit into the pool. LPs earn fees only if the price remains within the range they

Ethereum Holders Sit on Almost $2 Billion in Unstaked Tokens

Almost $2 Billion Worth of Ethereum (ETH) Coins Remain Unstaked

1 year ago 2 mins read

Ethereum ($ETH), the second-largest digital currency by market capitalization, is set to see nearly $2 billion worth of tokens withdrawn from its network as validators wait for their turn to collect rewards earned from securing the network. The withdrawals come after the Shapella hard fork, which went live on Ethereum’s network last week, implementing Ethereum Improvement Proposal (EIP) 4895. The upgrade allows for the withdrawal of staked Ether, which had been locked on the network since the launch of the Beacon Chain, completing Ethereum’s transition to a Proof-of-Stake consensus mechanism. This move is expected to produce short-term price fluctuations as

MicroStrategy chairman Michael Saylor has revealed that the firm has converted its corporate email address to a Lightning address

MicroStrategy embraces Bitcoin lightning network, converts company mail to lightning address

1 year ago 1 min read

MicroStrategy chairman Michael Saylor has revealed that the firm has converted its corporate email address to a Lightning address, a move that reflects the company’s continued bullishness on Bitcoin. Saylor disclosed the development in a tweet on April 17, saying “people keep sending me 21 sats.” This means that people can now send BTC to Saylor using his email as an identifier. The integration uses the Lightning Address protocol, which replaces standard Lightning payment requests with internet identifiers such as email addresses. The Bitcoin lightning network adoption has grown in recent years, with the total value of assets locked on

Santos FC Token Enters Gaming Industry

Santos FC Token Ventures into Gaming Space with New Partnership

1 year ago 1 min read

Santos FC, one of Brazil’s top football clubs, has announced that it will extend the use of its fan token to a Web3 and metaverse-enabled “gaming environment.” The Santos Fan Token, or SANTOS, was launched in late 2021 and is now set to partner with TOPGOAL and Binance’s fan token arm. According to an official release from TOPGOAL and a report from Livecoins, the partnership will allow for the “joint development of a Football Meta Club and Footballcraft,” which is a “virtual football world” that features “x12” time acceleration. The developers claim that this is similar to The Sandbox and

U.S. Congress draft bill on stablecoins set to impact crypto market

U.S. Lawmakers to propose new rules for stablecoins

1 year ago 1 min read

The US House of Representatives has released a new draft bill aimed at establishing a regulatory framework for stablecoins, just ahead of a hearing on the topic scheduled for April 19. The proposed legislation would place non-bank stablecoin issuers under the supervision of the Federal Reserve, with insured depository institutions seeking to issue stablecoins being overseen by the appropriate Federal banking agency. Failure to register could result in a $1 million fine and up to five years in prison. Among the approval criteria is the ability of the applicant to maintain reserves backed by US dollars or Federal Reserve notes,

Sotheby's Brings Back Digital Art Sale After Diversity Concerns

Sotheby’s Revives Digital Art Sale After Facing Criticism Over Representation

1 year ago 1 min read

Sotheby’s has announced the relaunch of its “Glitch: Beyond Binary” art sale, featuring 34 lots of non-fungible tokens (NFT) from artists in the “glitch art” movement. The sale comes as a reboot of last month’s “Glitch-ism” auction, which faced criticism for its lack of female artist representation. Bidding for “Glitch: Beyond Binary” will open on April 19 and will feature artists from diverse backgrounds and identities, including those of different gender expressions, sexual orientations, races, ethnicities, and neuro-types. Sotheby’s has enlisted Dina Chang and Dawnia Darkstone to co-curate the sale, ensuring greater representation and diversity in the artwork showcased. Glitch

EOS and Ethereum Networks Achieve Interoperability Through the Revolutionary EOS EVM

EOS EVM Enables Cross-Chain Interoperability Between Ethereum and EOS Networks

1 year ago 1 min read

The EOS Network Foundation (ENF) has announced the beta launch of the EOS EVM Mainnet, a development that aims to improve interoperability between the Ethereum and EOS blockchain ecosystems. This is expected to solve the scalability issues that Ethereum faces, which hinders mass-scale DApp deployment. EOS EVM allows developers to deploy decentralized applications written in Solidity, the programming language used by most web3 developers. The EOS EVM Mainnet launch is expected to bridge the gap between the Ethereum community’s resources and the high performance of the EOS Network, resulting in a more interoperable future. According to Yves La Rose, the

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