As cryptocurrencies continue to rise in value, American luxury brand, The Kessler Collection has started adopting Bitcoin(BTC) and cryptocurrencies for payment options. According to The Kessler Collection’s Press Release, it is the first in the world to partner with Atlanta company, BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services. On the historic collaboration, Richard Kessler, chairman, and CEO of The Kessler Collection states: I believe c

The Ethereum community has laid out to launch its upcoming Berlin upgrade by marking an important milestone in its development roadmap with four Ethereum Improvement Protocols (EIPs). It has been reported that Berlin is scheduled to go LIVE on the Ethereum mainnet at block 12,244,000, or April 14. However, Ropsten, the first testnet to upgrade, is scheduled for March 10 (tomorrow). The Goerli and Rinkeby networks are expected to upgrade in one-week increments on March 17 and

Vitalik Buterin, the co-founder of Ethereum, has proposed a solution for a particular type of cross-rollup scaling. It has been reported that the proposal outlines how two protocols using rollups can communicate with each other while maintaining interconnectivity and composability. However, rollups are layer-two solutions that are essentially smart contract networks that process and store transaction data off the main chain. There are a number of different rollup types, with

WHAT IS ETHEREUM? The 26-year old founder of the world’s second largest blockchain revolution, Vitalik Buterin defines Ethereum to be A peer-to-peer network for sending messages and a generalized blockchain with a built-in programming language allowing people to use the blockchain for any kind of decentralized applications that they want to create. A transaction-based state machine to keep a permanent record of digital transactions. An open-source, decentralized system workin

Adam Kubert, the Marvel comic artist, has sold his unique Spiderman drawing for 12.75 Ether (ETH) ($25,000) after being turned into a non-fungible token on the Ethereum blockchain. It has been reported that Kubert’s piece is one of 25 unique artworks expected to be launched as NFTs by several Marvel artists, including Dan Panosian, Matteo Scalera, Dave Johnson, Andy Kubert, and Eric Canete. However, the NFTs are to be sold on Portion.io, a platform that allows users to create

Report said that Ethereum’s gas fees have spiked to record highs, as DeFi protocols have increased above $1,000. It has been reported that after increasing around 20% in the last 2 days, average Ethereum transaction fees are now sitting at a record $17.67. Paolo Ardoino, CTO at Bitfinex: “Bitcoin’s recognition as a ‘good thing’ has always seemingly been judged according to its price. Yet amid more feverish speculation in frothy markets, it is important to remember the underly

The price of Ethereum (ETH) rises 13% over the past 24 hours for the first time, which lists the top 100 traded assets by market cap. It has been reported that Ethereum marched past 12 other entries on the list today and is currently positioned in the #88 spot, between Bristol-Myers Squibb at #89 and Anheuser-Busch at #87. However, up 62% in 2021 alone, the price of ETH crossed $1,200 today for the first time since January 2018 and appears poised to overtake its all-time high

The Secret Network, an open-source blockchain protocol, is offering privacy features for the Ethereum blockchain and 14 ERC-20 tokens. It has been reported that the protocol launched its Secret Ethereum Bridge on the mainnet yesterday (on December 16), which is designed to allow Ether (ETH) and all ERC-20 token holders to create programmable versions of their assets with privacy features. The Secret Network compared these “secret” tokens to privacy coins like Monero (XMR): “S

DappRadar said that Ethereum’s top 10 most-popular DApps have attracted more than one million active users over the last 30 days. It has been reported that this milestone comes as interest in decentralized finance (DeFi), received a second wind, with the number of users growing by 11% in the first 11 days of November. However, the ten DApps, six of which describe themselves as providing “DeFi and exchange” services, represent more than $21 billion in combined trading volume o

Binance, the major cryptocurrency exchange, has launched Ether, an in-house mining pool for the market’s largest altcoin by market cap. It has been reported that for the first month, between November 12 and December 12, Binance is trying to miners by offering a zero-fee regime. After that, those contributing their hashing power to the pool will be charged a competitive 0.5% commission on their earnings. The report said that Binance’s instructions for setting up a mining pool

The Associated Press (AP) news agency has been publishing results from the November 3 United States presidential election onto the Ethereum and EOS blockchains. It has been reported that results are being immutably written to the blockchain by Everipedia’s OraQle software, as noted on the developer webpage by detailing how to access its AP Elections API. While the results are naturally also being published on the AP website by using the blockchain-based Everipedia provides an

The Reserve Bank of Australia (RBA), the financial institution, will be partnering with the Commonwealth Bank, National Australia Bank, the financial services company Perpetual, and software company ConsenSys, on a project to explore the potential use of a wholesale central bank digital currency in the country using “Ethereum-based distributed ledger technology.” It has been reported that the RBA stated it would be researching the development of a proof-of-concept for “the is

A WordPress plugin now enables users to timestamp content on the Ethereum blockchain. It has been reported that the plugin can help with copyright issues, proof of who created a piece of content, and to reassure readers it has not been altered. However, WordPress currently powers around 37% of all websites and has a 60% share of the CMS market. As per the report, Amsterdam-based WordProof made the announcement at the London BlockDown 2020 3D virtual blockchain conference on O

Ethereum has successfully launched a dress-rehearsal testnet for the upcoming Ethereum 2.0 Phase 0, named Zinken. It has been reported that the launch occurred on October 12 (Monday) at 12 P.M. UTC and unlike previous attempts, was a smooth launch with enough participation and no major bugs. However, the testnet was organized following the bittersweet launch of Spadina, the first rehearsal that aimed to test the launchpad for stakers. The Spadina testnet suffered from low par

The Spadina testnet of ETH 2.0 has been scheduled for genesis before the month ends, which is tomorrow on September 29 at 12 pm UTC, as per the dev update. It has been reported that next week, a “dress rehearsal” Testnet for the community to practice sending deposits, launching beacon nodes, and validator clients starting from genesis. However, for this, Eth2 Standard API definitions are complete, and implementation started, and voluntary exit implementation is ready. Meanwhi

A wrapped token is an ERC-20 token with a value identical to another asset that it represents, either through a smart contract or by being backed one-to-one with the underlying asset. It is an asset hosted on the Ethereum blockchain with a price that is the same as another underlying asset, even if it’s not on the same blockchain or on a blockchain at all. A wrapped token is a multi-institutional asset tokenization framework that adheres to the centralized approach. However,

NEAR, a blockchain protocol integrates Chainlink (LINK) decentralized data oracles. NEAR blockchain is built around a new consensus algorithm called Doomslug and employs sharding to achieve scalability. Blockchain platform @NEARProtocol has integrated #Chainlink live on testnet. NEAR developers can now use Chainlink's large collection of secure nodes, external adapters for premium APIs, Price Reference Data and more to build universally connected dApps. https://t.co/KxpUdt0p9

Just like how actual farmers measure their crop yield based on the total amount of crop that is grown, similar DeFi advocates have used the somewhat similar terminology called yield farming to measure yield based on the amount of interest on top of assets such as Dai, USDC, and USDT on when putting to use in DeFi platforms. 2020 has been a good year for the DeFi sector before yield farming came onto the scene. DeFi Pulse reveals that there are around $1.9 billion in crypto as

Decentralized predictive betting market platform Augur (REP) has announced the deployment of its v2 upgrade. The upgrade is intended to address bugs and vulnerabilities identified with the existing platform and its rules surrounding betting markets. Augur v2 Launcheshttps://t.co/FVXKp6tksX — Augur (@AugurProject) July 28, 2020 It also intends to introduce support for the Dai stablecoin and other popular DeFi protocols, and to institute an affiliate program. On July 29, Augur

China’s Blockchain-Based Service Network (BSN) will be integrating 30- 40 public blockchains within a year. He Yifan, CEO of Red Date Technology, the private company behind the BSN said that the network aims to integrate some of the most well-known public blockchain networks by June 2021. In the following year, it will further integrate more blockchains in an effort to double that number. Launched in April, BSN is China’s first government-backed blockchain initiative that was