INGOLSTADT, GERMANY, September 23, 2021 — NewsCrypto will be joining forces with Polygon to improve interoperability and connect the Polygon blockchain to Stellar, creating Wrapped XLM (wXLM) tokens that will be usable in Polygon’s DeFi ecosystem. NewsCrypto has received a grant from Polygon to develop an advanced, low-fee bridge that would connect the two ecosystems. …

Bitcoin is among the least volatile cryptocurrency as compared to others and gives an unsaid level of confidence. While others rely on their technology, upgrades, and upscaling abilities, BTC has become a digital gold with consistently higher values despite carrying no substantial weightage. In the last few months, many countries have attempted to use bitcoin …

The blockchain network being called Polkadot has shortened the cryptocurrency name to just DOT. Currently trading at just 20% below its recent highs of $39.31, Polkadot has the potential to multiply its market value and make a new all-time high in the near term. As of now, the price action is too decisive, marking a …

The US Treasury targeted crypto exchanges for laundering ransom payouts. The Treasury released a set of actions emphasizing disrupting crypto exchanges and criminal networks acting behind ransom laundering. The actions also focus on increasing ransomware payments and encouraging cyber-safety across US agencies, law, and Treasury enforcement. Janet L. Yellen, the Treasury Secretary, talked about the …

Crypto casino is trending, thanks to the various cryptocurrencies available in the market. Gamblers fund casino games through cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc. Cryptocurrency provides anonymity while giving control over the funds used.  Amidst the huge demand for gaming and casino platforms, DefiXBet has amazed the gaming industry with the latest announcement of a …

Secretary Janet Yellen of the United States Treasury has been attempting to persuade the Finance Minister of Ireland, Paschal Donohoe, to join the worldwide deal related to tax rates. According to the United States Treasury, the tax deal offers countries a rare opportunity to prevent multinational companies from cutting costs by giving their workers minimum …

The World Expo, which is going to be held in Dubai this year, has played a major role in the whole world adding more value to the innovations throughout its history and now, the most exciting news is coming! For the first time in history, a Blockchain event will be held at the World Expo. …

A white-hat hacker recently took the DeFi sector by storm after allegedly speaking about high-risk vulnerabilities on SushiSwap. According to the anonymous hacker, the vulnerabilities can risk user funds worth billions of dollars. SushiSwap developers could not secretly fix the issue, resulting in the information being shared with the public. The hacker stated that the …

The Dubai World Trade Centre Authority (DWTCA) has signed a pro-crypto agreement with the UAE’s Securities and Commodities Authority (SCA). This would allow crypto asset trading and associated financial operations within the DWTCA’s free zone. According to the Dubai World Trade Centre, the Securities and Commodities Authority (SCA) will take charge of the regulatory oversight …

The Kenyans’ foreign money deposits in the local banks fell by about Sh2.6 billion in the month of July. This indicates an increase in consumption by the importers, who increased holdings belonging to them in June. According to Kenya National Bureau of Statistics (KNBS) statistics, value of the currency deposits was Sh757.73 billion by July, …

The year has served Solana well, as the platform recently broke into the top ten cryptocurrencies. Despite flailing a bit, it is establishing new collaborations to secure its position. For example, SolPugs recently announced a new NFT gaming platform on its network. The marketplace will be the first live virtual claw machine on Solana. SolPugs …

Power of blockchain revolutionizing supply chain management. The brainchild of Sunny Lu, who worked as an IT executive for Louis Vuitton in China, VeChain is meant to add a layer of transparency among the buyers concerning the change in the hands of their bought products. The idea sounded pretty futuristic, but in 2015 a CIO …

SundaeSwap Labs, decentralized finance (DeFi) platform company, said today that it secured $1.3 million in a seed funding round by cFund, a Blockchain industry early-stage startup capital fund. SundaeSwap Labs is a software business working on a suite of tools that would enable Cryptocurrency trading and usage on the Cardano Blockchain, which is presently the …

Genesis Shards, a decentralized ecosystem of Polkadot employing NFTs as DeFi alternatives, has announced a co-operation with Lithium Finance. Genesis Shards will be a Wisdom Seeker in the Lithium ecosystem, receiving pricing information on pre-IDO tokens accessible on Genesis Shards. Lithium Finance will also join the Genpad pre-IDO launchpad as an Oracle partner, engaging with …

The evolution of blockchain technology and cryptocurrencies has been fascinating to observe, particularly over the last five or six years. After the emergence of Bitcoin and copycat chains as payment networks, Vitalik Buterin and his fellow co-founders brought the ideas of smart contracts and decentralized applications to life when Ethereum launched in 2015. From this …

When choosing a cryptocurrency network that works around Smart contracts and decentralized finance, EGLD is among the leading crypto networks that come to our mind. The native token of EGLD on the Elrond network is meant for rewarding its validators. Validators are rewarded with a 36% of annual rate over their stakes EGLD tokens.  Elrond …

Entain, U.K.’s gambling firm, said on Tuesday that DraftKings, the top fantasy sports betting company in the U.S., has offered them $22.4 billion for a takeover. Entain also claimed that an earlier approach by DraftKings was rejected when they were willing to pay 25 pounds per share.  The fantasy bet company has offered 28 pounds …

The Crypto Stake ecosystem is a decentralized gambling platform giving players all over the world an opportunity to place bets on sports, book events from every corner of the globe. Sportsbook betting and casino games are on a high, given Crypto Stake’s unique creations are geared to enrich their future possibilities. This is planned by …

Osprey Funds launches the first-ever Polygon fund in the United States, the Osprey Polygon Trust. It was the digital asset management firm’s fifth investment product of 2021. Polygon is among the most well-established protocols with more than 7 billion dollars in market cap. The protocol is known for developing interoperable and independent blockchains on the …

IoTeX joins hands with LaunchZone to release a new launchpad for upcoming IDOs (Initial DEX Offerings.) LaunchZone has assisted numerous IDOs in gathering necessary funds on Binance Smart Chain. Its reach spreads across thousands of investors globally willing to access promising ventures at a moment’s notice. The latest collaboration will see LaunchZone releasing its DeFi …