Browsing:Blockchain News

MoneyGram Fintech Chief: Blockchain is Unstoppable Despite Bad Press
1 year ago 2 mins read

Blockchain is here to stay, says MoneyGram’s Fintech Strategy Head

As the world continues to undergo digital transformation, blockchain technology, and cryptocurrencies are increasingly gaining traction in the realm of global remittance. However, despite their potential to revolutionize the payment landscape, the journey to mainstream adoption is fraught with challenges, particularly real-world applicability. According to Luther Maday, Head of Fintech Strategy and Innovation at MoneyGram, achieving the “last mile” is crucial to achieving mass adoption. This refers to the ability of individuals to seamlessly transfer cryptocurrencies and use them for everyday purchases, such as buying bread. MoneyGram has been closely monitoring the cryptocurrency space and acknowledges the increasing number of

Uniswap DeFi token swap service
1 year ago 1 min read

Uniswap wallet now available on iOS App Store after initial hurdles

Uniswap, the popular decentralized finance (DeFi) token swap service, has announced that its mobile wallet has been approved by Apple’s iOS App Store. According to the update on the project’s blog, the wallet will now be available for use in several countries, with the aim to extend availability further as Apple allows it. Until recently, Uniswap’s features were mostly aimed at desktop browser users, but the mobile wallet will allow DeFi users to access most of the platform’s features on their mobile devices. However, Uniswap encountered difficulties launching its wallet on iOS devices due to Apple’s strict app store guidelines.

Solana Labs launched its Saga smartphone after a year of anticipation.
1 year ago 2 mins read

Solana Takes on Tech Titans with Saga Smartphone Launch

Solana Labs, the blockchain development company, has finally launched its Saga smartphone after a year of anticipation. The new phone is designed to compete with other flagship products from competitors such as Apple, Google, and Samsung in the highly competitive smartphone sector. Solana Mobile announced that Saga is the first crypto smartphone to be built on the Android operating system. The Saga smartphone will be available for pre-order next May for a $1,000 price tag. Solana Mobile stated that they wanted to modernize how people interact with their digital assets for the sake of usability and increased security. To achieve

EOS and Ethereum Networks Achieve Interoperability Through the Revolutionary EOS EVM
1 year ago 1 min read

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

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

WOW EARN Introduces Free Mining Platform That Anyone Can Use
1 year ago 2 mins read

WOW EARN Introduces Free Mining Platform That Anyone Can Use

New York, United State, April 11th, 2023 WOW EARN has unveiled its up-and-coming mining platform that offers a new way to earn passive income. This is achieved through a unique mining mechanism. Conventional mining that supports PoW-based cryptocurrencies is complicated and expensive. Professional hardware can cost up to $8.5k per unit, and amateur miners are unlikely to ever become profitable. WOW EARN is a DeFi platform that allows anyone to earn and use tokens through a free mining process. The platform has a strong community and a developing ecosystem with transparent tokenomics. WOW EARN’s mining model enables anyone to participate

the Tron (TRX) protocol has surpassed Ethereum (ETH) in terms of social interest
1 year ago 1 min read

Tron Surpasses Ethereum in Key Metric: What This Means for TRX Growth

According to recent data from Google Trends, the Tron (TRX) protocol has surpassed Ethereum (ETH) in terms of social interest. The comparison of the keywords TRC20 and ERC20 showed that Tron’s keywords had a significantly higher interest level. In addition, the weighted sentiment for Tron has improved, indicating a positive outlook from the crypto community towards TRX. The recent interest in TRX from whales, or large address holders, has also contributed to the positive sentiment and price surge of TRX. However, the concentration of whales holding TRX could potentially lead to the centralization of the network and expose retail investors

PancakeSwap V3 launches on BNB Chain and Ethereum
1 year ago 1 min read

PancakeSwap Launches Version 3 on Binance Smart Chain and Ethereum Network

PancakeSwap, a leading decentralized exchange, or DEX, with a user base of over 1.5 million users, announced the launch of Version 3 on Monday. The upgraded platform will operate on both the Ethereum and BNB Chain networks and promises to offer the lowest fees for on-chain trades among its counterparts such as Uniswap and SushiSwap. The new version introduces several features aimed at enhancing capital efficiency on the platform. These features include allowing liquidity providers to concentrate their capital on smaller price ranges, resulting in higher fee earnings from the same amount of deposits. PancakeSwap V3 will also introduce four

Avalanche (AVAX) Struggles with Network Outage During Upgrade
1 year ago 1 min read

The Avalanche (AVAX) Network Outage During Upgrade

Avalanche (AVAX), the up-and-coming competitor to Ethereum (ETH), recently experienced a brief network outage during a software upgrade. The X-chain, which is used to transfer funds, was significantly slowed down and processed only a few transactions, rendering it virtually unusable. At the same time, block production stopped on the C-chain, which is used for smart contracts. As a result of the outage, several crypto exchanges, including South Korea-based UpBit, temporarily halted AVAX transactions. UpBit released a statement announcing that they would be suspending AVAX deposit and withdrawal services due to a system check on the AvaX wallet. The exchange assured

EOS Network Ventures Funds $20M to Power Dapp and Gaming Development on EOS Blockchain
1 year ago 1 min read

EOS Network Ventures Commits $20M to Develop Dapps and Gaming Products on EOS Blockchain

EOS Network Ventures (ENV) has announced that it will invest $20 million directly into EOS EVM and GameFi projects. This investment is aimed at attracting developers and builders to the EOS blockchain, following the launch of the Ethereum Virtual Machine (EVM) in April. With the most funding available for builders, EOS EVM is set to receive a massive influx of developers who want to take advantage of the funding opportunities. ENV’s commitment is expected to accelerate the growth of EOS-based decentralized applications (dapps) and decentralized finance (DeFi) applications, and ultimately boost the value of eos token prices in the coming

Uniswap V3 is set to join Avalanche (AVAX)
1 year ago 1 min read

Avalanche Network to Integrate Uniswap V3: What It Means for TVL

Uniswap, one of the leading decentralized finance (DeFi) protocols, announced on 17 March that it would be deploying on Avalanche and adding support for AVAX. The deployment of Uniswap could have a significant impact on Avalanche in terms of transaction volume and Total Value Locked (TVL). According to some community members, the catalyst for the proposal to deploy Uniswap V3 on Avalanche was the expiration of the Business Source License (BSL) on 1 April, which will allow developers to fork the Uniswap V3. Voting on the proposal ended on 17 March, with 91.26% of the 26 million votes cast in

The HBAR Foundation
1 year ago 1 min read

The HBAR Foundation Reveals Network Irregularities Affecting Hedera dApps

The HBAR Foundation, the organization responsible for the Hedera blockchain, has recently reported that technical issues are affecting various decentralized applications (dApps) and their users. This has prompted Hashport, a bridge project, to temporarily pause its services due to smart contract irregularities on Hedera. Similarly, Pangolin, a decentralized exchange operating in the Hedera ecosystem, has also advised its users to withdraw their liquidity from the platform due to the same network irregularities. The HBAR Foundation has confirmed that it is actively working with affected partners and monitoring the situation to resolve the issue. However, SaucerSwap Labs, a DeFi project on

TSM and Avalanche Join Forces to Bring Gamers an Exciting New Subnet Experience
1 year ago 1 min read

Esports Giant TSM Joins Avalanche to Launch Game-Changing Gaming Subnet

Esports powerhouse TSM is not giving up on the crypto space despite its previous partnership with FTX ending in fallout late last year. TSM has recently announced a new partnership with blockchain Avalanche that will see the organization building their own Avalanche-based subnet, marking an exciting new chapter for TSM. TSM is partnering with Avalanche to create a competitive gaming partnership between the esports organization and their gaming platform subsidiary, Blitz. As one of the most legacy organizations in the game, TSM has been operating for over a decade in a relatively young landscape. The esports organization currently competes in

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