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The price of the KNC token increased by 29% per day to $ 1.54 in anticipation of the Katalyst protocol update scheduled for next week. Now the price has adjusted to $ 1.45. The decentralized financing boom (DeFi) is not slowing down. Today, the price of the Kyber Network token (KNC) was $ 1.54, showing a 29% increase per day. Apparently, the price increase is due to the Katalyst update in the Kyber Network protocol,
The European Innovation Council has issued grants for $ 5.6 million to six projects using blockchain to solve critical social problems. This week, the European Innovation Council (EIC) issued grants of $ 5.6 million to six blockchain projects under the blockchain for social welfare program. “Six winners were selected during the contest, which determined the best scalable, deployable and effective solutions on the blockchain for social tasks,” the organizers explained. Solutions include blockchain applications focused
According to a new Glassnode report, the number of large Bitcoin holders has been growing for the first time since 2016, but the amount of BTC they hold is decreasing.According to Glassnode, for the first time since 2016, the number of “whales” – large cryptocurrency holders owning at least 1,000 BTC, has begun to grow. However, the average deposit amount of these large investors is reduced. “Despite an increase in the number of whales this
The BHP Group, one of the largest mining companies in the world, sold $ 14 million worth of iron ore using a blockchain platform.A mineral sale transaction was concluded between BHP and China Baowu Steel Group, a subsidiary of China Baoshan Iron & Steel (Baosteel). The $ 14 million transaction was conducted through a blockchain-based platform developed by Canadian technology company MineHub Technologies. BHP’s Director of Trade and Marketing, Michiel Hovers, explained that the company