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Polygon 2.0 Takes Major Step with POL Contracts on Goerli Testnet

Polygon 2.0 Takes Major Step with POL Contracts on Goerli Testnet

Polygon is closing in on the launch of its 2.0 version with the deployment of POL contracts on the Goerli testnet. This significant development is a result of community consultations and the introduction of two new Polygon Improvement Proposals (PIPs), PIP-24 and PIP-25. These PIPs aim to modify the EIP-1559 burn system and adjust the POL token supply.

Block.one Settles with SEC to the Tune of $24 Million

Block.one Settles with SEC to the Tune of $24 Million

Blacksburg startup Block.one has agreed to pay $24 million (HK$ 188 million) in fines to settle the allegations of unlawfully selling its ICO (initial coin offering) to US investors. The blockchain company had raised several billion dollars between 2017 and 2018 by selling its own digital currency.

Jul 24 Trading Analysis: What Bloodbath?

Jul 24 Trading Analysis: What Bloodbath?

Despite stonk's bloodbath, BTC managed to close higher on the day with some short squeeze liquidation through $9600 level. I am actually surprised that we are still trading at current levels, would only be a matter of time that we see us retracing back some of its gains, which was why I said yesterday, we need to continue to monitor the momentum of capital into BTC.

Crypto Market Loses Around $170 Billion in the Last 24 Hours as Bitcoin Price Drops

Crypto Market Loses Around $170 Billion in the Last 24 Hours as Bitcoin Price Drops

After topping a market cap of $1 trillion last week, the crypto market has since plummeted, wiping out nearly $170 billion in the last 24 hours.

Ethereum Price Gains 45% in 24 hours, What’s Driving the ETH Price Rally?

Ethereum Price Gains 45% in 24 hours, What’s Driving the ETH Price Rally?

The Ethereum price has made its largest single-day price gain in the crypto’s history, surging 45% in the last 24 hours, but what is behind the ETH price rally?

April 24: CME Bitcoin Traders Saving The Day

April 24: CME Bitcoin Traders Saving The Day

Trade idea for the day - don't chase.

Whale Alert Analysis: Scammers Have Bagged Bitcoin Worth $24 Million in the First Half of 2020

Whale Alert Analysis: Scammers Have Bagged Bitcoin Worth $24 Million in the First Half of 2020

Leading blockchain tracking and analytics provider Whale Alert has revealed that scammers have been on a stealing spree as they have made away with $24 million in Bitcoin so far in 2020. Cumulatively, they have siphoned Bitcoin valued at $38 million over the last four years, and this excludes Ponzi schemes as they are a billion-dollar sector on their own.

Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027

Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027

Fortune Business Insights, a leading publisher of market research reports, has revealed that the blockchain-as-a-service (BaaS) sector will escalate to $24.94 billion by 2027 from $1.9 billion recorded in 2019, representing a compound annual growth rate (CAGR) of 39.5%. This uptrend will be fueled by small and medium enterprises (SMEs) as they are viewing blockchain technology as an optimal solution for the numerous challenges they face, like access to bank loans, trade financing, and cash flow difficulties.

Two Major Events Will Influence the Bitcoin Price in the Next 24 Hours

Two Major Events Will Influence the Bitcoin Price in the Next 24 Hours

Bitcoin and cryptocurrency traders face a moment of pause as they await two major events that will either send the BTC price soaring or cause a major bearish correction.

Bakkt Platform Launched: Trades 71 Bitcoin Futures Contracts in 24 Hours

Bakkt Platform Launched: Trades 71 Bitcoin Futures Contracts in 24 Hours

ICE’s historical data on Bakkt’s Bitcoin/USD futures contract trading reveals that the platform traded 71 BTC at press time, with the last trading price recorded at $9,875 per Bitcoin.

Telegram Issues Letter to Investors After SEC Files Restraining Order and Sets Hearing on Oct. 24

Telegram Issues Letter to Investors After SEC Files Restraining Order and Sets Hearing on Oct. 24

Telegram Open Network (TON) developers responded to investors in a letter regarding the United States Securities and Exchange Commission (SEC) announcing that the GRM token offering was illegal. GRM is a native currency of TON, the blockchain platform that aims at facilitating payments and hosting decentralized applications (DApps).

474,968 Bitcoin Trades Worth $4.4 Billion Were Liquidated In the Last 24 Hours Making Price Plunge Inevitable

474,968 Bitcoin Trades Worth $4.4 Billion Were Liquidated In the Last 24 Hours Making Price Plunge Inevitable

New data by Bybt reveals the liquidation of $4.4 billion worth of Bitcoin futures, which triggered the cryptocurrency's pullback.

DeFi Tokens Surge as Bitcoin and Ethereum Hover Around Support Levels due to the Coinbase Effect

DeFi Tokens Surge as Bitcoin and Ethereum Hover Around Support Levels due to the Coinbase Effect

Following Coinbase’s announcement, AAVE, BNT, and SNT tokens all surged, rallying from 10% to 24%.

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