IOHK, the blockchain development team behind Cardano, announced on July 15 that the project’s Alonzo test net had officially transitioned from Blue to White, bringing with it the ecosystem’s long anticipated expansion to functional smart contracts.HARD FORK SUCCESSFUL: Delighted to report around 19.44 UTC today we successfully forked the #Alonzo testnet to the new #AlonzoWhite … [Read more...] about Cardano grows closer to launching smart contracts with new testnet
Closer
GBTC unlock edges closer as impact on Bitcoin price remains unclear
As Bitcoin (BTC) struggles around the $32,700 mark after the July 8 price drop, another major event looms over the flagship cryptocurrency in July, the Grayscale Bitcoin Trust (GBTC) unlock.A total of nearly 40,000 BTC will be unlocked in July, amounting to nearly $1.5 billion in notional value. The biggest of these unlocks will be on July 18 when 16,240 BTC will be available … [Read more...] about GBTC unlock edges closer as impact on Bitcoin price remains unclear
Cardano DeFi moves closer to reality with $5M deFIRE fundraiser
deFIRE is a Cardano-based smart order routing platform. The firm announced it had successfully raised $5 million ahead of its up-and-coming Initial DEX Offering (IDO) on Thursday, as per a press release shared with CryptoSlate.This venture capital funding round included big players from both legacy and crypto-specific firms. Strong interest at this early stage of development … [Read more...] about Cardano DeFi moves closer to reality with $5M deFIRE fundraiser
How the crypto industry is moving closer to going green
It’s as reliable as the changing of the seasons: another year, another Earth Day, and another misguided missive about crypto’s outrageous energy consumption.Last week, the New York Times published a piece in their “Climate and Environment” that sought to remind readers of the “astonishing environmental costs” of cryptocurrency mining. It’s a prime example of what’s quickly … [Read more...] about How the crypto industry is moving closer to going green
App maker Meitu buys another 175 BTC, pushing Bitcoin closer to a breakout
Institutional and retail demand for cryptocurrencies is at an all-time high. Tesla’s bold move to allocate some of its wealth into Bitcoin seems to have encouraged other firms to diversify into digital assets. One of the many firms that want to avoid “the risks of missing out on the potential for Bitcoin becoming the global benchmark digital asset,” as Bloomberg said, is Meitu. … [Read more...] about App maker Meitu buys another 175 BTC, pushing Bitcoin closer to a breakout