Daily Crypto News- Bitcoin (BTC) Exchange Outflows Hit 5-Year High, Address Activity Shoots 30%

Bitcoin (BTC) Exchange

Dvision Network collaborates with Enjin to expand its metaverse Blockchain-based metaverse platform Dvision Network announced a collaboration with leading nonfungible ecosystem provider Enjin. As part of the development, Dvision will deploy Enjin’s APIs to connect its metaverse to five different blockchains. Dvision plans to deploy Enjin’s platform and API to mint unique nonfungible tokens. Ethereum’s…

Here’s what happened to Ethereum co-founder Vitalik Buterin’s $1 billion India Covid crypto donation.

Ethereum co-founder

So far, around $20 million has been paid out two months after Ethereum co-founder Vitalik Buterin contributed about $1 billion in cryptocurrencies to an India Covid relief fund. According to Sandeep Nailwal, a New Delhi-based entrepreneur who formed the India Covid Crypto Relief Fund, which received the contribution, cashing out an illiquid asset, dealing with…

Daily Crypto News- Visa to Approve First Bitcoin Spending Card in Australia 

Visa to Approve First Bitcoin

Data shows Polygon (MATIC) has reversed PancakeSwap’s (CAKE) rise Data from market data analysis tool Messari shows that Uniswap is winning the decentralized exchanges (DEXes) battle against PancakeSwap. Earlier this year, PancakeSwap briefly became the number one DEX by volume. But thanks to Polygon and its lower gas fee structure compared to layer 1 Ethereum,…

Ethereum Will Overtake Bitcoin, According to Cardano’s Founder

Cardano's Founder

[lwptoc] Let’s read more in today’s bitcoin news about Cardano‘s founder’s prediction that Ethereum would quickly overtake Bitcoin as the dominant and number one cryptocurrency. Charles Hoskinson discussed cryptocurrency and why he believes Ethereum will soon replace Bitcoin. He began by discussing the speed of BTC transactions, emphasizing the network’s sluggish nature and how slow…

With reports of tests on Ethereum, the Bank of Israel ramps up its CBDC operations

Bank of Israel

Israel’s central bank is said to have completed a secret pilot for a central bank digital currency (CBDC) based on Ethereum’s technology. Globes, an Israeli financial news site, published the assertion, which was then confirmed by BNN Bloomberg. The Bank of Israel (BOI) allegedly completed its pilot in an experimental, closed environment based on Ethereum’s…