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Moonbeam, Diode Collaborate on Launch of DePIN Platform to Replace Traditional VPN, Web2 Products

Diode chooses Moonbeam to deploy suite of blockchain solutions that align with Polkadot founder Gavin Woods’ original vision for Web3 [SINGAPORE] – Moonbeam Network, a smart contract platform for building cross-chain connected applications, today announced the launch of Diode’s secure and decentralized communications platform. Diode’s solution is part of a movement known as DePIN, or “decentralized physical infrastructure network,” where blockchain protocols operate real-world infrastructure in a decentralized manner. Providing a censorship-resistant alternative to traditional products like VPN, Slack or Microsoft OneDrive, Diode’s massively scalable platform helps to bring about

Introducing GoFungibles’ community governance in the world of crypto

OkDecentralization and Web 3.0 are hot topics in the world right now. A byproduct of blockchain technology is the emerging world of Web 3.0. The idea behind Web 3.0 is that users on the internet will interact with each other and data will be stored in a decentralized way, giving users data privacy and sovereignty. This is different from Web 2.0, where most of the activity on the internet is composed of users interacting with each other and data stored in centralized storage locations that are controlled by large companies.

Meet the dETH Token, a HODLable Leveraged ETH

The world of finance is being turned on its head thanks to the new wave of innovative Decentralized Finance (DeFi) applications being created. Sponsored Sponsored The transparency and decentralization offered by DeFi protocols are unparalleled, making it impossible for traditional financial services to match. The oldest and most time-tested financial products are now being replicated on the blockchain. Not only that, but we are also witnessing the birth of new and never-before-seen financial services such as cryptocurrency synthetic assets, decentralized exchanges (DEXs), and decentralized insurance, just to name a few.Sponsored

Libre DeFi AMA Session With BeInCrypto

BeInCrypto recently held an ask-me-anything (AMA) session with Libre DeFi, a platform that promises to simplify the entry into the DeFi space via its user-based and frictionless onboarding experience.Sponsored Sponsored BeInCrypto: Hi Everyone! Welcome to another BeInCrypto AMA Session! Today we welcome both Julian (@libredefijulian) and Josh (@LibreJosh). They are CEO and COO at Libre Defi, respectively. Here is how things will work. I’ll have 10 questions for them. After these questions, they will pick up 5 out of all the questions asked by the BeInCrypto community. Good luck to you

The Altcoin Evolution – Part IV: The Challenges – The Sales Pitch

With the ever-changing landscape of tech development and crypto innovation, regulation tends to lag behind in order to have time to react to what’s happening. Many altcoin projects are currently growing exponentially as they are exploring largely untouched use cases. As the tech continues to proliferate and expand, more and more “problems” are arising that require solutions.  This obviously provides more space for viable contenders to occupy in a crowded market. This provides a robust growth argument for many altcoins, but there is a catch. The giant growth gains are

Institutional investors — the future of crypto is in their hands. Or is it not?

Institutional investors are believed to drive the cryptocurrency market’s adoption and growth. Their involvement promises to make crypto widely recognized and accepted as a truly global currency. Bitcoin is supposed to gradually become an alternative to gold and skyrocket to unprecedented crypto prices.  But is this really how institutional investors work? In which direction are they actually driving the crypto market — and, after all, who are they? In this article, we will bring you the latest examples of huge whales’ interest in crypto, discover the reasons for that, and

Ethereum’s Time Is Coming – Here’s Why

On December 1, an event that has been anticipated for the latest several years took place — Ethereum 2.0 went live. Its launch has been rescheduled several times, while the expectations from a new stage of Ethereum development are extremely high.  With all the advances that will be implemented in the network in the next few years, Ethereum is to drastically increase its scalability, efficiency, and security without any harm to decentralization. From a widely recognized open-source platform for DApps’ developers, Ethereum is aiming to become a pillar of the

Alt Season Reigns as Big Money Exits the U.S. Dollar

Open up the keg of powder, it’s time to lock and load. It’s alt season. In July, I predicted a bump of BTC followed by an open alt season. I was right. A perfect storm is bringing back memories of December 2017, and this time big money is looking to exit the U.S. dollar. Duck Season? Rabbit Season? No, Alt Season. It’s official. Alt season is here, and non-bitcoin cryptos are doing what they do best: pump. Total crypto markets have seen a surge from $165 billion in March to

Building on Taproot: Payment Pools Could Be Bitcoin’s Next Layer Two Protocol

This article is about a technological concept based on the proposed Taproot protocol upgrade. If you’re not yet familiar with the basics of how Taproot works, it’s recommended that you first read this explainer.Taproot, a potential upgrade to the Bitcoin protocol first proposed by Bitcoin Core contributor Gregory Maxwell, is in its late stages of development. The technology consists of a clever combination of crypto-tricks that would let users hide complex smart contracts inside regular-looking transactions — the complexity is only ever revealed if parties to a contract are uncooperative.Leveraging

OneCoin Co-Founder Escapes 90-Year Jail Term Following Court Settlement

Konstantin Ignatov, co-founder of major cryptocurrency exit scam, OneCoin, initially faced up to 90 years in jail after pleading guilty in November 2019. Now, however, it seems that Ignotov is no longer one of the key defendants in legal actions brought by victims of the $4 billion scam, according to a report from Finance Magnates on Aug. 7.OneCoin investors representing plaintiffs Donald Berdeaux and Christine Grablis have agreed to settle with Ignatov.While the details of the court settlement remain unclear, court documents indicate that the case will continue to target

Cryptocurrency News Roundup for Aug 3, 2020

Bitcoin started the week on a positive note after an unusually volatile weekend by recent standards. The BTC/USD price temporarily reached a local high of over $12,000. The eventful weekend was preceded by a credit-rating downgrade from Fitch who placed a “negative outlook” on the United State’s triple-A rating on Friday. Fitch added that a “resurgence of inflation” could be on the cards, which would in turn force the Fed to increase interest rates. It would be interesting to see the effects that would have on Bitcoin and its brethren.