Like Terraform Labs UST stablecoin, Justin Sun said Tron will launch such an asset backed by cryptocurrency holdings Tron founder Justin Sun has declared plans to launch a decentralized algorithmic stablecoin called USDD on the TRON blockchain network. In an open letter on Thursday (April 21, 2022), Sun disclosed that USDD will be “a fully […]
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Author: Nxtgen Virtue
Ledger Declares Partnership with Animoca...
The Ledger will offer security services, while the Sandbox will accommodate the wallet provider in its metaverse to teach users about crypto.One of the biggest providers of hardware cryptocurrency wallets, Ledger has announced a partnership with NFT gaming metaverse- The Sandbox. The move is expected to help metaverse users to expand security and to manage […]
CEO of MicroStrategy Thinks Global Marke...
Michael Saylor-CEO of avid Bitcoin and MicroStrategy proponent said that now is not the right time for a BTC-backed bond. Now is Not the Right Time for a Bitcoin-Backed BondIn the interview with Bloomberg, the Microstrategy CEO, while not generally opposed to Bitcoin-backed bonds, thinks that now is not the time to issue such a […]
$326M Wormhole Exploit Causes Solana’s S
There was a fall in the prices of Solana Sol tokens after attackers were able to exploit the vulnerability on Wormhole. It is a popular bridge that exists between the networks of Ethereum and Solana. Bridges are gateways or tools used to transfer data and assets between two separate blockchains. In the last 24 hours, […]
A Look AT EOS
EOS is one of the top three competitors of Ethereum. It is also the largest ICO that was ever carried out on Ethereum and was able to raise a whopping amount of $4 billion. EOS at times is also referred to as ‘Ethereum on Steroids’ as 1000s of transactions per second are possible on it. […]
Enterprise Blockchain Implementation Cha
An increase in the adoption of blockchains has also created many challenges associated with blockchain implementation. Indicating that there is still a long way to go for blockchain technology before it can be completely implemented. Some of the problems that are being witnessed in the implementation of the blockchain are discussed below: Increasing Cost One […]