There are thousands of altcoins in the crypto space. We know time is important, so we have compiled altcoin updates that you might have missed. This is your weekly dose of Altcoins at a Glance. Audios Integrates with Tiktok Algorand…
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BitTorrent Collaborates with Huobi to Develop Promising L2
Huobi, a crypto exchange headquartered in Singapore, announced that it will join the BitTorrent Chain (BTTC) ecosystem and support the development of a Layer 2 network on BTTC. The collaboration will promote an on-chain open financial system. This partnership will…
Altcoins at a Glance, Important Updates for SHIB, XTZ, HNT and more.
Trying to stay abreast with crypto news can eat up a lot of time. But don’t fret, we got you covered. Cryptonewsbytes will collate the most important news for altcoins and summarize them for you. This is your altcoin updates…
Is Hedera Hashgraph Better than Blockchain Technology?
Blockchain promises a decentralized, tamper-proof, and transparent platform for verifying transactions without the need for a third party to validate everything. But blockchain technology does not have a monopoly in this field. Hedera Hashgraph (HBAR) is designed for the same…
Shiba Inu Aims to be Top Dog with Shibarium
The crypto community has a love-and-hate relationship with meme coins. The meme coin army has professed undying support to their chosen project. On the opposite side, we have those who believe that meme coins do not bring value to the…
Algorand Powers Italy’s Revolutionary Digital Guarantees Platform
Algorand, considered one of the top Layer 1 crypto projects, has been selected to support an innovative digital guarantees platform in Italy that will be the first in the European Union (EU) to use blockchain for insurance and bank guarantees.…
Ethereum Creator Vitalik Blogs About Amazing Blockchain Applications
VitaliK Buterin, co-creator of Ethereum (ETH), shared five things that excite him about the blockchain in a blog post. He focused on Crypto and ETH applications that addressed real-world needs. Buterin, a Russian-Canadian programmer, published the Ethereum white paper in…
Cardano’s Algorithmic Stablecoin DJED to be launched by January 2023.
The much-awaited Cardano-based algorithmic stablecoin DJED is set to be launched on January 2023. This was announced by Shahaf Bar-Geffen, CEO of Coti, in the 2022 Cardano Summit. The new stablecoin was first announced in 2021 by Charles Hoskinson, Cardano’s…
Fiat-backed and Regulatory-Compliant Stablecoin to be Built on the Cardano Network.
Emurgo, the official commercial arm of Cardano, is set to release USDA, a fiat-backed and regulatory-compliant stablecoin by the first quarter of 2023. The USDA stablecoin is intended to protect users from crypto market volatility by pegging the token to…
Polygon Layer 2 Network adoption increases with Big Players
Polygon Network (MATIC), a layer 2 protocol under the Ethereum Network, is trying to regain lost ground despite the ongoing bear market. It is currently in the middle of rolling out projects which involve Starbucks, Bitpay, Nubank, Axelar, and Reddit.…