Among the many announcements to come out of the Cardano Summit 2021 was more information on the first stablecoin coming to the Cardano blockchain. It will be named ‘Djed’, after the pillar-like structure in Ancient Egyptian hieroglyphs that represented stability. Djed will be issued by COTI, a decentralised payment platform that already acts as a…
The Solana Mainnet Beta experienced a denial of service due a large spike in transactions. Engineers across the ecosystem attempted to stabilise the network but were unsuccessful. The validator community decided to coordinate a complete restart of the network. The network is back online again after 80% of the validators restarted and upgraded to version…
A Non-Fungible Token (NFT) is a piece of data that is stored on a blockchain that certifies a digital asset to be unique. An NFT can represent pictures, videos, GIFs, audio and other types of digital files. Since they are stored on the blockchain they can be used to verify ownership and authenticity. All NFTs…
NFTs and Gaming The adoption of Non-Fungible Tokens (NFTs) has rapidly accelerated in recent months. However, the adoption appears to be mostly limited to artwork collections such as CryptoPunks and Bored Ape Yacht Club. The most expensive NFT is currently Beeples ‘Everydays’ which sold for $69 million at auction. The artwork is a digital mosaic…
Clear Junction, who were the payment processor for Binance’s Faster Payments, announced on 12th July 2021 that they would no longer be facilitating payments related to Binance. One month later and there is still no direct method to withdraw GBP from Binance to your bank account as a UK customer. Fortunately there are ways to…
IOHK made an announcement on Friday via their social media accounts that Smart Contracts will launch on the Cardano Mainnet on Sunday 12th September 2021. This will be implemented through a hard fork combinator event, dubbed the “Alonzo hard fork“. This long-awaited update will take Cardano into the Goguen Era, which represents a big leap…
