Cryptocurrency News
In a recent groundbreaking development, South Korea’s oldest bank, Shinhan Bank, adopted Hedera Hashgraph’s technology, an event that’s not only exciting for HDR holders but also for Borroe’s $ROE enthusiasts. This adoption marks a significant stride in the integration of blockchain technologies into traditional banking systems, with ripple effects being […]
Russian President Vladimir Putin’s signing of the bill to grant legal tender status to a “digital ruble” comes at a time of severe economic challenges for Russia, mainly due to the ongoing war in Ukraine and the subsequent Western sanctions imposed on the country. The introduction of a central bank […]
The world of digital currencies continues to witness remarkable advancements, with Ripple (XRP) emerging as a prominent player in the blockchain industry. Ripple has recently made waves by forging a groundbreaking collaboration with the central bank of Colombia. This strategic partnership has generated significant buzz within the crypto market. In […]
If there’s one cryptocurrency that is fast emerging as a market favorite then it’s Ripple. It has empowered businesses across the globe to ramp up operations with the potential of blockchain technology. Market experts claim that Ripple has the potential of growing by almost 10x in the coming months. But […]
Scalability, the capacity of networks to handle faster and bulk transactions in splits of seconds. Scaling Tokens have a growing market capitalization of $10,749,474,785 with big names such as Polygon, Fantom, Loopring, etc., and a total trading volume of $888,982,269. Note: The tokens below are ordered by market capitalization from […]
XRP, Ripple’s native asset, is one of the cryptocurrencies for which investors keep their fingers crossed that it will have a positive run despite the ongoing crypto winter. Ripple has positioned itself to be accepted via its project Ripplenet, which enables private ledgers and inexpensive cross-border payments. This is in […]
The cryptocurrency industry is a developing ecosystem gradually gaining ground in the established financial institutions of developed countries. Both public and commercial sectors are becoming increasingly open to incorporating cryptocurrencies into their financial transactions, such as payment processing, value storage, and investment. Many believe that decentralized finance, or DeFi, could […]
NuCoin (NUC) is the asset of the world’s first AI-inspired native blockchain NuGenesis. NuGenesis a fully zero-carbon L1 solution ecosystem that relies on neither electricity/PoW nor human validators/PoS. Instead, it adopts Proof of Authority powered by dual-layer AI and GRANDPA. NuGenesis also operates LedgerX, the DEX, and a triple-blockchain parallel […]
The use of cash is dwindling. Back in 2011, over 50% of transactions in the US involved cash. This number has decreased to 28% in 10 years. The Covid 19 pandemic has raised cashless transitions further as more people adopt contactless payments. Cashless payments means using banks and private payments […]
In a recent announcement on twitter, the Dogs of Elon team burned $1m worth of tokens in their largest burn yet. A few days ago, Dogs of Elon burned $500,000 worth of $DOE to reduce the supply of the token. Today they burned double the amount, reducing the total supply […]
Marketing propaganda by major chains has tended to minimise the significance of scalability limitations and gas fees. The marketing dollars by major projects poured into distracting us from these fatal flaws in the state of blockchain tech, cannot continue in the light of the NFT revolution. NuGenesis has 4 patents […]
Whilst blockchains continue to be developed in the financial domain, seeing the bigger picture is obscured. One blockchain tech group that has come primarily from working on Government applications of blockchain tech, the NuGenesis group, provides a sharp contrast. For as long as they are not tainted by the marketing […]
The blockchain ecosystem, that is taking the world of technology by storm We are living in a world of rapid change and innovation. Everything around us is changing at an exponential rate and it is shifting the world from one idea to another, not simply to engage and impress people, […]
Crypto is a great tech innovation for system transaction efficiency and thus various developing countries are now keen to adopt the technology rather than accepting it as a legal tender (currency). Cryptos may help in a significant reduction of global remittances cost, which is now around 6.5% on an average, […]
Nuchains are the diverse individual layer-1 blockchains that run in parallel on the Nugenesis Network and are secured by its sovereign consensus and validator set. The key to NuGenesis scalable multichain Network, NuChains share in and benefit from the network infrastructure including and not limited to the Ledgerx.exchange, launch pads, […]
Introduction to Algorand Algorand is building a pure proof-of-stake blockchain designed to power worldwide frictionless finance. Launched by award-winning Silvio Micali, Algorand is playing its part in changing the worldwide financial landscape by fixing many of blockchain’s most pressing issues. To put this into perspective, the Algorand blockchain is able […]
Creating a central bank digital currency has become a priority for many institutions. Not everyone is in favor of this approach, including some members of the Federal Reserve. There are no proven benefits to a central bank digital currency at this time. Fed Dislike Central Bank Digital Currency Ideas It […]
Central banks all over the world want to digitize existing fiat currencies. A digital Euro has been rumored for some time now, and it seems that this asset is effectively being used in the real world already. For some time now, there have been ample rumors regarding CBDCs. The Digital […]