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As the crypto industry relies on centralized exchanges, blockchain projects are exploring the benefits of DEX integration to regain control of their native tokens. Cryptocurrency exchanges have been instrumental in the adoption of blockchain technology, but the industry has become too dependent on them. Today, the crypto industry is still geared toward exchanges and traders rather than blockchain projects and developers. There is too much friction for developers building projects on the app layer. Getting listed on a major centralized exchange (CEX) is a six-figure expense, plus additional fees each month for a market maker to ensure liquidity. In 2018, a Business Insider investigation found that crypto exchanges charge between $50,000 and $1 million to list initial coin offerings (ICOs). Even after those expenses, exchanges are the ones who profit from all the trading fees, which drains value from crypto projects and makes it hard to attract liquidity in a sustainable way. Besides ex...

Since the beginning of 2023, the crypto industry has been on the rise once more. Even downtrodden coins like Cosmos Hub (ATOM) managed to see gains because of the optimism surrounding the market. Nevertheless, new presale projects like Uwerx will soon enter the scene and may yield significant payoffs down the road. Please keep reading to find out what analysts believe their future values will be, as they have already outlined some price predictions! Cosmos Hub (ATOM) Could See A Price Reversal The Cosmos Hub (ATOM) project seeks to create a network of interconnected blockchains that puts durability and smooth connectivity as a top priority. The last week was hard for Cosmos Hub (ATOM) is currently worth $11.46. Sentiment around Cosmos Hub (ATOM) is bearish as investors have noticed a decrease in new Features for the project. As more investors look elsewhere to recoup their losses, Cosmos Hub (ATOM) price may continue to drop. Analysts claim that if this negative trend persists, ...

Findora, a Layer-1 blockchain firm, has recently launched the Triple Masking SDK, which aligns with the company’s mission of combining privacy with audit ability . The SDK, a universal privacy-preserving solution set for Web3, enables developers to integrate zero-knowledge proofs into their decentralized applications (dApps). This solution set allows for private transactions to remain auditable, a key feature for regulatory compliance. Sam Harrison, CEO of Discreet Labs, praised the release of SDK as a significant achievement, describing it as: A solution set that provides a user with the choice to retain confidentiality while at the same time providing a mechanism that supports regulatory compliance regarding asset tracing and other applicable laws. Findora’s Triple Masking SDK is a privacy-focused asset transfer solution that provides full-privacy protection and anonymity for transactions. The SDK allows developers to make their dApps zk-enabled, with optional ...

Ether traders have been neutral-to-bearish for the past week, indicating little confidence in ETH breaking above $2,000. The Ether (ETH) price has held above $1,820 for the past three weeks, despite facing a 13.7% correction between April 18-21. Still, analyzing a broader time frame provides a more constructive view, as ETH gained 20.8% in three months while the S&P 500 stock market index stood flat. However, according to ETH options and futures metrics, the gains were not enough to make professional investors bullish. Worsening macroeconomic conditions have driven cryptocurrencies’ positive momentum in 2023, including the ongoing banking crisis. According to Arthur Hayes, former CEO of crypto derivatives exchange BitMEX, if the government refuses to bail out First Republic Bank, it could set off a dangerous chain reaction of insolvencies. Recession risks increased after the U.S. economy grew at a modest 1.1% annualized pace in the first quarter, well below the 2% expected. Meanwh...

Creditors of the defunct crypto lender Celsius Network are looking to issue a subpoena to FTX in order to extract info about the bankrupt crypto exchange’s users who participated in a series of suspicious trades last year. The trades involved Celsius’ native token CEL, which is one of the cryptocurrencies at the center of the lender’s ongoing bankruptcy case. According to a report by Bloomberg, the Celsius Official Committee of Unsecured Creditors entered an application in the U.S. Bankruptcy Court for the Southern District of New York, seeking the bankruptcy judge’s permission to issue subpoenas to FTX debtors for information regarding the users behind the wallets that executed the trades in question. The Creditors Committee had reportedly retained the services of blockchain consultant Elementus Inc, which identified 947 suspicious transactions from last year. The transactions involved a “near one-to-one relationship” between CEL token deposits and withdrawals between 10 p...

The recent recovery in Bitcoin comes at a time when the news of another major US bank collapse sparks concerns. As per the latest development, the First Republic Bank is facing massive capital outflows and is currently working on unloading between $50 billion and $100 billion in debt instruments as part of its “strategic options”. advertisement The last time the banking crisis unfolded in the US in March this year, Bitcoin showed strong resilience by kickstarting a strong rally soon after. Now, the recent BTC price surge after the news of the crisis at the First Republic Bank hints that the digital asset is once again serving as a safe haven for investors. Also, the surge in Bitcoin and other altcoins after the S&P 500 ended Tuesday’s trading session in the red. This clearly goes to show that Bitcoin and crypto are breaking free from their correlation with traditional market forces. Courtesy: Santiment Bitcoin (BTC) Price Can Rally to ...

Ethereum developers and clients shared the news on Twitter announcing the Shapella network is live and finalized on the Sepolia testnet. The next upgrade will be on the Goerli testnet and then on the mainnet, finalizing the Shanghai upgrade. advertisement Ethereum Shanghai upgrade anticipated in March will fully transition Ethereum to proof-of-stake (PoS) and enables the withdrawals of Ethereum staked on the Beacon Chain. The Sepolia is the second of the three testnets planned to trigger the Shanghai upgrade. The first Zhejiang testnet upgrade was successfully completed on February 7. The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Signup Ad Ethereum developers Tim Beiko and Parithosh took to Twitter to share the successful Sepolia Shapella upgrade. Trending Stories...

Shiba Inu (SHIB) is one of the most looked-at crypto projects. Since its launch, to reaching an all-time high in 2021, SHIB’s price grew by a massive 8424092.55%. At press time, SHIB has increased by 1075810.31 %. In both instances, investors could have made millions or even billions, given that the initial investment was made in August 2020. However, many worry that they may have missed the Shiba Inu (SHIB) hype train. SHIB has struggled to hold onto such hopes. Last year, the cryptocurrency fell alongside the market as a whole. During the economic crisis, SHIB plummeted by 62% as investors abandoned risky assets. This begs the question… Can Shiba Inu still make you a millionaire? While the economic woes continue to grip the world, the crypto industry seems to be rebounding. SHIB has grown by around 29% since January 2023. If SHIB was to reach its all-time high once again, it would need to grow by 723.71 % from current market prices. As seen earlier, SHIB has grown by far m...

How could adopting user-centric solutions like universal digital identifiers revolutionize the GameFi industry? In recent years, both the crypto space and the gaming industry have been slowly merging together with the steady development of game finance (GameFi) and play-to-earn (P2E) models. The future of GameFi Initially coined by Yearn. Finance (YFI) founder Andre Conje, GameFi refers to decentralized Finance (DeFi) protocols with gamified elements. However, the phrase has evolved to encompass the financial aspects of Blockchain Games due to their inherent connection to real-world economies. In other words, GameFi allows gamers to play and earn cryptocurrency through various in-game activities such as battles, crafting and quests. By leveraging blockchain technology, GameFi can enable true ownership of in-game assets, allowing players to buy, sell and trade them as they would real-world assets. However, recent industry reports have indicated a gradual decline in the growth and adopt...

The indictment of 10 individuals associated with Terraform Labs, including co-founder Hyun-seong Shin, comes after 11 months of investigation into the collapse of Terra. The financial crimes unit at the Seoul Southern District Prosecutors’ Office reportedly indicted Terraform Labs co-founder Shin Hyun-seong and nine other individuals for the collapse of the Terra stablecoin ecosystem.  The 10 individuals were reportedly indicted on charges of fraud, breach of trust and embezzlement and referred to trial after 11 months of investigation. The prosecutor’s office suspected that the individuals involved in the collapse amassed illicit profits of nearly  $350 million (460 billion won), reported KBS World, a Korean daily. Shin is accused of misleading investors and falsely advertising the product to cause significant losses despite knowing that the project was unfeasible. Prosecutors have also seized the assets of the indicted individuals and estimated them to be worth a total of $180 mil...

SOL Price Prediction: On April 11th, the Solana price gave a high momentum breakout from a resistance trendline which carried a sustained downtrend for the past 10 months. After witnessing multiple reversals from this dynamic resistance, a bullish breakout is an early sign of trend reversal which could drive the SOL price for a massive rally. As of now, the coin price is retesting this breached trendline validating whether this breakout is genuine or not. advertisement Key Points The Solana price hints at a temporary pullback to $21.68 or $19.8 before the bull run continue  The multiple support concentrated near the $21.8 level offers a strong accumulation zone for Solana buyers. The 24-hour trading volume in the Solana coin is $510.2 Million, indicating a 15.2% loss. Source-Tradingview Amid the recent sell-off in the crypto market, the Solana coin price turned down from a local resistance of $26 on April 17. This correction has t...