The cryptocurrency world is witnessing a major milestone as TRX, the native token of Tron blockchain, becomes fully accessible on Ethereum, the largest proof-of-stake network. This is made possible by BitTorrent Bridge, a decentralized solution that enables fast and easy asset transfer between Ethereum Virtual Machine (EVM)-compatible chains and Tron.
Author: jose
One of the latest developments in the Ethereum staking ecosystem is the emergence of liquid staking tokens (LSTs), which are ERC-20 tokens that represent staked ETH. LSTs enable users to stake their ETH and receive tokens that can be traded, transferred, or used in other applications.
Cardano, one of the leading blockchain platforms for smart contracts, has recently announced the deployment of Marlowe, a new toolset for creating and running secure and efficient smart contracts on its mainnet. It is a domain-specific language (DSL) that allows developers to easily build, verify, and deploy smart contracts on Cardano using a variety of programming languages.
XRP, the sixth-largest cryptocurrency by market cap, has seen a surge of 12% in its price over the past week, outperforming Bitcoin and other major coins. The rally comes amid a wave of optimism among XRP supporters, who are anticipating a favorable outcome in the ongoing legal battle between Ripple, the company behind XRP, and the U.S. Securities and Exchange Commission (SEC).
Bitcoin has experienced a sharp price decline, falling below US$27,000 for the first time in more than two weeks. The drop was triggered by a combination of factors, including regulatory uncertainty, market liquidity concerns, and speculation of government token transfers.
Crypto.com, a major platform for trading cryptocurrencies, has announced a new feature for its US customers. They can now use the app to buy products and services from over 150 popular brands with more than 30 different cryptocurrencies. This is a convenient and innovative way to spend crypto on everyday items.
One of the main features that distinguishes SHIB from other cryptocurrencies is its security. According to CertiK, a leading security research firm, SHIB is the second most secure crypto project on its Web3 Security Leaderboard, with a trust score of 93%. This means that SHIB has undergone rigorous audits and checks to ensure its code quality, performance, governance, and liquidity.
Cardano, one of the leading smart contract platforms, has seen a surge in activity on its decentralized exchanges (DEXes) in May, driven by the launch of two new meme coins: SNEK and BANK.
If you are a fan of NFTs, you might have wondered how to transfer your digital collectibles from Ethereum to Bitcoin. After all, Bitcoin is the most secure and decentralized blockchain in the world, and you might want to enjoy its benefits while owning your NFTs. Well, thanks to a new token standard called BRC-721E, you can now do that easily and seamlessly.
New legislation on markets for crypto-assets (MiCA) that intends to establish a unified legal framework for the global crypto industry was recently accepted by the European Union. This is a significant development for the crypto industry, as it will add more wood to an already out-of-control fire caused by unnecessary governmental meddling.