EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch

Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the clause, according to a final version of the text seen by CoinDesk

EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch

A final version of new European Union Data Act rules largely ignores pleas from the blockchain industry, which worries they could make most smart contracts unlawful. Provisions intende...

1 year ago

Will 1inch Network (1INCH) Whales Sell Off After 100% Price Jump?

1inch Network (1INCH) price currently sits at $0.47 after gaining 102% over the last 30 trading days

Will 1inch Network (1INCH) Whales Sell Off After 100% Price Jump?

1INCH is the native governance token of the leading decentralized exchange (DEX) aggregator, 1inch Network. The Ethereum-based protocol is designed to improve crypto trading liquidity and reduce...

1 year ago

Aave’s Dollar-Pegged GHO Stablecoin Hits $2.5M Market Cap After Just 2 Days

Aave has launched a new dollar-pegged stablecoin on Ethereum that's backed by overcollateralized loans in the style of Maker's DAI.

Aave’s Dollar-Pegged GHO Stablecoin Hits $2.5M Market Cap After Just 2 Days

It’s been less than 48 hours since DeFi lender Aave released its new algorithmic dollar-pegged stablecoin GHO on Ethereum and already some $2.5 million coins ...

1 year ago

Polygon proposes upgrading MATIC into a multipurpose token for all chains

The proposal for MATIC’s technical upgrade is subject to approval from the Polygon community. Once approved, MATIC’s upgrade to a multipurpose token will result in its renaming to POL.

Polygon proposes upgrading MATIC into a multipurpose token for all chains

Ethereum layer-2 development firm Polygon proposed upgrading its Polygon MATIC $0.8491 token to a multipurpose token that can be used to validate multiple chains. The pr...

1 year ago

Crypto Liquidations Pile High to $290M After Altcoin Rally Blows Out Short Positions

Crypto bears and short speculators have been liquidated en-masse today as altcoins go on a tear following Ripple’s victory against the SEC.

Crypto Liquidations Pile High to $290M After Altcoin Rally Blows Out Short Positions

Crypto liquidations have approached $300 million over the past 24 hours, according to Coinglass data. It likely comes as no surprise that the majority of them were short positions.  ...

1 year ago

Algorand Price (ALGO) Sits at Make-or-Break Level: What Will Happen Next?

The Algorand (ALGO) price failed to break out from a long-term resistance line and fell to a new all-time low in June.

Algorand Price (ALGO) Sits at Make-or-Break Level: What Will Happen Next?

The price has bounced since and is currently trading above an important Fib horizontal support level. The reaction to it can be crucial in determining the future trend.

1 year ago

5 Altcoins That Outpaced the Crypto Market With Sizeable Gains This Week

BeInCrypto looks at five altcoins that increased the most in this week’s crypto market, specifically from June 30 to July 7

5 Altcoins That Outpaced the Crypto Market With Sizeable Gains This Week

The term altcoin refers to cryptocurrencies other than Bitcoin (BTC). These bullish altcoins have stolen the crypto news and cryptocurrency market spotlight this week as the biggest gainers:...

1 year ago

SXP Price Trend Reversal: Is it Bullish or Bearish?

The SXP price showed signs of a bullish trend reversal when it broke out from a nearly two-year-long resistance line at the beginning of March 2023

SXP Price Trend Reversal: Is it Bullish or Bearish?

However, the price failed to sustain its increase and has fallen since reaching a new yearly high in April. The price trades within a horizontal range and shows mixed signs in multiple time fram...

1 year ago

Polkadot Leads in Crypto Development Activity, But DOT Is in the Doldrums

Multi-chain crypto network Polkadot has the highest developer activity, according to recent research

Polkadot Leads in Crypto Development Activity, But DOT Is in the Doldrums

On July 6, blockchain analytics platform Santiment published its latest crypto development activity list, and there were some surprising results. ...

1 year ago

Are Solana (SOL) Bulls Back in Control After 30% Recovery?

The Solana (SOL) price has increased since June 10 and reclaimed a critical resistance level on June 29

Are Solana (SOL) Bulls Back in Control After 30% Recovery?

While it previously seemed that the SOL price was headed for a new yearly low, the recent price action suggests that the upward movement will continue in the near future.

1 year ago

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