Author: CryptoHoppers

Cryptocurrency exchange heavyweight Binance has launched the Lingang Research Institute in China as part of efforts to foster wider blockchain adoption and encourage emerging developments in the digital assets industry.Binance Establishes Blockchain Research Institute in ShanghaiAccording to a press release published on Sunday (March 29, 2020), crypto exchange behemoth Binance has launched a blockchain research institute in China.Back in August 2018, the exchange launched the beta version of its non-profit educational arm dubbed Binance Academy to facilitate research into the emerging field of blockchain technology.As China is currently chasing its own central bank digital currency (CBDC) and has established itself…

HashKey Capital emphasized that it plans to direct the investment into Web3 initiatives in order to broaden its crypto exposure. Crypto investment company HashKey Group is looking towards leveraging Hong Kong’s digital assets efforts to raise funds at a valuation of over $1 billion to attract potential investors. The Chinese Special Administrative Region is finalizing digital asset licensing legislation with the goal of becoming a worldwide crypto hub. Hong Kong has been making efforts to promote and regulate the digital asset industry, which could create a favorable environment for firms like HashKey Group. HashKey is in early talks to raise…

Take a look at Ethereum and Solana and their failings in the last few days. Both platforms experienced performance problems last weekend. High demands for the sale of NFTs temporarily halted transactions on both platforms. Blockchain providers are locked in a fierce competition to outperform one another. Therefore, for efficiency, new implementations are constantly deployed. Likewise, to aid the proper functioning of the Avalanche Blockchain, Orachain, an artificial intelligence-powered blockchain ecosystem supplier announced the launch of its VRF (verifiable random function) on the Avalanche blockchain. This will allow Avalanche developers to benefit from a truly decentralized, publicly verifiable random number…

An attacker managed to get a malicious proposal passed by the Tornado Cash DAO, one that handed them complete control over its governance system. Tornado Cash is the crypto mixing service that runs on Ethereum and was sanctioned by the U.S. Treasury. Its governance system controls upgrades to the protocol and is run by those holding the project’s native TORN tokens. The governance system approved on May 20 an upgrade that was purportedly the same as a previous upgrade that had passed. Yet that wasn’t true as the attacker had added an extra function, according to a pseudonymous security researcher…

Microsoft has gone ahead and formed an exclusive collaboration with Goldman Sachs. This occurrence took place with the aim and intention of working on the building of a new blockchain network going by the name of the Canton Network. Along with the two entities, there will also be the participation of various other financial institutions, as well as technology organizations. The Canton Network, on its part, is intended to be a privacy-oriented and interoperable blockchain network. It will be created keeping in mind that it should be able to form a connection with previously ignored financial markets. Some of the…

Bitcoin is up more than 1% in the last 24 hours, so many crypto enthusiasts are curious about the potential uptrend of BTC in the next few months. Nebraskangooner is a U.S.-based Bitcoin trader who is famous for its BTC price prediction. Nebraska is active on Twitter and predicted an uptrend of Bitcoin after breaking the resistance of the last nine months. In the last few days, Bitcoin has been hovering around $24,000 amidst various geopolitical events, like Hong Kong’s decision to include crypto providers in the same field as traditional financial ventures. Bitcoin has observed selling pressure on the…

The Bank of England (BoE) and UK Treasury are set to back the development of the British central bank digital currency (CBDC), popularly known as “Britcoin” or “digital pound.”   The discourse of a British CBDC began in April 2021, when the UK Treasury, then under the leadership of current UK Prime Minister Rishi Sunak, launched a joint task force with the BoE to evaluate the feasibility of a “digital pound” for British businesses and households. Since then, there have been multiple discussions and reports as both financial authorities weighed the potential benefits and risks a “digital pound” could bring to…

On-chain data shows the Bitcoin short-term holder cost basis has now risen to $25,300; here’s what this tells us about the market. Bitcoin Short-Term Holder Cost Basis Has Gone Up Recently According to data from the on-chain analytics firm Glassnode, the average acquisition price of the short-term holders continues to approach the spot price. The relevant indicator here is the “realized price,” a metric derived from the “realized cap.” The realized price is a capitalization model for Bitcoin that puts each coin’s “real” value in the circulating supply as the price at which it was last moved on the blockchain,…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied With the presale underway and Tradecurve launch imminent, investors could buy the token at a discount. Once launched, Tradecurve could revolutionize the trading industry, possibly displacing established altcoins such as apecoin (APE) and avalanche (AVAX).  This article explores the potential of Tradecurve and why it has garnered significant attention from traders. As the launch of Tradecurve nears, investors appear to be positioning themselves, possibly recognizing the potential of this hybrid trading platform. This is ahead of the second phase of the presale of Tradecurve’s native token,…

APE sees an increase in volume among ETH whales, but this might be selling pressure A look at the minimum level of downside that investors should anticipate If you are thinking of purchasing some ApeCoins [APE], you might want to delay that decision. The monkey-themed token showed bearish signs at press time, which might convert into a good shorting opportunity. How many APEs can you buy with $1? According to a WhaleStats analysis on 6 January, APE breached the list of top 10 tokens by trading volume among the 500 biggest ETH whales. At first glance, one can assume that…