Cosmos Upgrades to Stargate: Another 2017 ICO Very Nearly Completes Its Vision

At 6:00 UTC Thursday, the Stargate upgrade of Cosmos will go live. The Cosmos community recommends that interested observers follow along by watching the @cosmos account on Twitter. Stargate represents an important milestone for the Cosmos project on the way to launching its inter-blockchain communication (IBC) protocol that will allow the 200+ Tendermint-based blockchains to interoperate easily. The era of cross-pollinating blockchains is very nearly here. Stargate enables a number of other enhancements as well. The chain will run more efficiently, upgrades will be much faster and full nodes will…

Emily Parker: Why We Should Take Dogecoin Seriously

Nothing says 2021 like dogecoin, a dog-themed cryptocurrency that has recently skyrocketed in value, thanks in part to the support of Elon Musk and other celebrities. For a time it was the 10th largest cryptocurrency. Dogecoin finished 2020 at less than half a penny per DOGE, according to CoinDesk’s dogecoin price index. It now trades at or above 5 cents, putting its year-to-date returns at around 1,000%. It may be tempting to write this off as a speculative frenzy or just a fluke, but that would be missing the larger…

3 reasons why IOST price has risen 650% in 2021

Keeping up with the latest trends in cryptocurrency is a must for projects that want to stay relevant and continue to gain market share. The hype is currently swirling around decentralized finance (DeFi) and NFTs (non-fungible tokens) — and IOST is one protocol that has been capitalizing on these growing movements to help expand its community.  Data from Cointelegraph Markets and Tradingview shows that the price of IOST, the 78th-ranked digital asset by market capitalization, has risen 650% since Jan. 8, from $0.0058 to $0.045 on Feb. 17, its highest…

Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO

Ark Investment Management founder and CEO Cathie Wood said the likelihood that U.S. regulators will approve a Bitcoin exchange-traded fund has gone up under the Biden administration. In an interview with CNBC’s Bob Pisani today, Wood said there were two signs that the Securities and Exchange Commission might be more open to greenlighting a Bitcoin (BTC) exchange-traded fund, or ETF. Under previous administrations, the regulatory body did not approve any Bitcoin ETFs, to the industry’s chagrin. Specifically, the Ark Invest CEO said she was encouraged by Joe Biden’s pick for…

Market Wrap: Bitcoin Rallies On After Passing $50K Psychological Level to $52K

Bitcoin broke above $52,000 Wednesday, with a market capitalization nearing $1 trillion. Bitcoin (BTC) trading around $52,231.69 as of 21:00 UTC (4 p.m. ET). Gaining 7.16% over the previous 24 hours. Bitcoin’s 24-hour range: $48,430.80-$52,536.47 (CoinDesk 20) BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for market technicians. Bitcoin trading on Bitstamp since Feb. 15. Source: TradingView Bitcoin trading volume on major exchanges.Source: CoinDesk Bitcoin is in “uncharted territory,” said Hunain Naseer, senior editor at OKEx Insights, after its price surged to a…

SecretSwap Is the Secret Network’s Answer to DeFi Privacy

The Secret Network, a protocol focused on privacy for decentralized finance (DeFi), has launched SecretSwap, a front-running resistant and cross-chain decentralized exchange. It is now live on the Secret Network mainnet.  SecretSwap uses the SNIP-20 secret token standard and Secret Ethereum bridge. “SecretSwap is the first front-running resistant, cross-chain [automated market maker]. Its architecture (being based on Secret Network) gives SecretSwap usability advantages, protects users from malicious bot activity, increases the availability of assets and keeps fees much lower than on Ethereum,” said Tor Bair,  the Secret Foundation’s executive director…

Async programmable art platform secures over $2M in seed funding

Async Art, a Silicon Valley nonfungible token platform, has secured over $2 million in seed funding from at least 10 investors, highlighting the growing value proposition of programmable art.  The company announced the new raise on Wednesday, highlighting Async’s rapid growth since its February 2020 launch. In its first year of operations, Async generated over $1 million in art sales and launched a smart TV app to display digital art. Although the company didn’t specify how it would use the funds, it indicated that onboarding new users and creating new…

Bitcoin Taproot Upgrade Expected to Begin Activation in July

A release date and activation timeline are set for Bitcoin’s Taproot upgrade, but developers and other stakeholders are still debating the best method to coordinate Bitcoin’s biggest upgrade since SegWit. Per a public IRC chat discussion, the code for the fully primed-and-ready Taproot upgrade will be deployed sometime between March 17 and March 31 (or April if necessary), but the actual signaling that kick-starts the activation process probably won’t start until July. If everything goes as planned, then Bitcoin’s “economic majority” (miners and node operators who run Bitcoin’s code) could…