Top Stories

On Thursday, Avalanche’s AVAX price reached a new all-time high at $68.89. This follows on from a number of successful months in which the altcoin has risen to challenge the Etherum network’s dominance among smart contract platforms. According to the Avalanche website, the layer-one initiative is capable of achieving more than 4500 transactions per second with a total transaction completion time of less than 2 seconds. 
Opensea- a popular peer-to-peer NFTs and collectables marketplace- is feeling the heat after admitting to employee ‘insider trading’. It has recently been found that an employee abused their position to front-run the purchase of NFTs before they were promoted on the website’s homepage. Traders have since accused the marketplace of allowing an ‘insider trader’. 
It seems that many countries find it tough to compete with El Salvador when it comes to Bitcoin commitment. The Southern America Country’s new legislation means that merchants will now accept payment for almost anything in Bitcoin, you can find out more about this here. However, long before El Salvador’s Bitcoin initiative, Japan was the leading country in the cryptocurrency industry- a country that many other crypto enthusiasts looked up to in envy.  Now, paying for anything with Bitcoin in the country is difficult, including in the Capital. 

Global Latest

A number of Australia’s biggest crypto exchanges claim that they are not threatened by the fact that some of crypto’s biggest players have been making moves in the country for some time. While the app downloads across iOS and Google platforms show a rise in popularity for these bigger players, the four local crypto exchanges remain unfazed.

Our Take

Context and insight on the big stories

Blockchain

Bitcoin, Blockchain & Crypto

Contributed

Best of our partner sources

Native 

Sponsored posts