Elrond news

Sharding is a technology in the blockchain industry that helps to supercharge the performance of applications. It solves the scalability challenge by splitting blocks into smaller ones known as shards. By so doing, the developers hope to boost its speeds and throughput. Here are some of the top sharding crypto…

Itheum has announced new investment from key partners, adding to the $1.5 million the Web 3 project secured in its seed round in January. In a press release shared on Thursday, the Elrond-based decentralised data brokerage platform said the new funds were from the Elrond Foundation, Mechanism Capital, and…

Romania’s central bank approved Elrond’s (EGLD/USD) acquisition of Capital Financial Services S.A., which operates under the Twispay brand, Invezz learned from a press release. Twispay is a principal member of Visa and MasterCard Twispay is a financial institution that provides payment services and issues electronic money with the central…

Elrond (EGLD/USD), the ecosystem working on internet-scale blockchain technology to onboard the next billion people into Web3 and the metaverse, has partnered with Itheum. The Web3 data brokerage will make its debut on Elrond’s strategic launch platform, the Maiar Launchpad, Invezz learned from a press release. Itheum, which is…

Elrond EGLD/USD is software that incentivizes a distributed network of computers to run a smart contract platform that puts an emphasis on scalability as well as low transaction fees. EGLD plays a major role in the network and is used for sending, rewarding network contributors as well as processing…

Elrond Network (EGLD/USD) announced the acquisition of Utrust, a leading cryptocurrency payment solution, Invezz learned from a press release. The blockchain that can scale beyond 100,000 transactions per second at negligible costs has two goals with this acquisition, which involve payments and merchant yield.   Making payments faster and…

EGLD/USD has weakened from $544 below $230 since November 23, and the current price stands at $270. The cryptocurrency market remains under pressure this Thursday, Bitcoin went below $48000, and the price of Elrond (EGLD) can weaken even more in the upcoming days. A platform for the transparent financial…

Elrond EGLD/USD is a scalable, fast, and secure blockchain platform for distributed applications that incentivizes a distributed network of computers to run a smart contracts platform. Algorand ALGO/USD is a decentralized blockchain technology network that establishes decentralization and transactions without a central authority. Cosmos ATOM/USD is a…

holoride, an Audi-backed company developing the future of in-vehicle experiences, has announced its blockchain debut on the Maiar launchpad, Elrond (EGLD/USD) Network’s strategic accelerator platform, Invezz learned from a press release. Transforming every car ride into an adventure   holoride’s mission is to turn every car ride into a…

The cryptocurrency market continues to perform well in the last trading days of October 2021. Bitcoin is trading again above the $61000 level, and this situation also supports the price of Elrond EGLD/USD, Aave AAVE/USD, and Decentraland MANA/USD. Since yesterday, the cryptocurrency market capitalization has been up…

Morningstar Ventures, a blockchain innovation firm driving decentralized technology, will invest $15 million USD through a fund to develop projects on the Elrond (EGLD/USD) blockchain and a new strategic Elrond Incubator in Dubai, Invezz learned from a press release. Elrond impresses with high transaction processing speed and scalability  Elrond…

Elrond (EGLD/USD) Network, a blockchain unicorn and European startup working on cutting edge internet-scale blockchain technology, has acquired Capital Financial Services S.A., which has a license to operate an e-money institution in the EEA, Invezz learned from a press release. Capital Financial Services S.A. is operated under the Twispay…

Elrond and Ardana have joined hands to promote EGLD Collateralize Stablecoins released on the Cardano blockchain. The partnership will help EGLD to shoot to the top of the cross-chain digital assets that assist in collateralizing the stablecoins that are released on Cardano using Ardana. The announcement comes just a few…

Algorand ALGO/USD is a self-sustaining and decentralized blockchain-based network that supports a wide range of applications. VeChain VET/USD is a blockchain-powered supply chain platform. Elrond EGLD/USD is a blockchain platform that incentivizes a distributed network of computers to run a smart contract platform that prioritizes scalability and…

Elrond EGLD/USD has been one of the best performers on the cryptocurrency market since the beginning of September 2021, and the price of this cryptocurrency has reached a new all-time high above $300. The current price stands around $242, and if you decide to trade EGLD, you should always…

The Elrond (EGLD/USD) price popped on Monday as more companies continued to embrace the network. The coin’s price jumped to $166.40, which was the highest level since May this year. This jump brought its total market capitalization to more than $3.5 billion, making it the 41st biggest coin in…

Copper.co, a leading provider of digital asset infrastructure and trading solutions, has integrated Elrond (EGLD/USD) Network’s internet-scale blockchain protocol to provide custody services for assets issued on the Elrond blockchain as well as the Elrond token, EGLD, Invezz learned from a press release. This is the network’s native settlement…

The impact of blockchain technology on the environment has been a hot topic for years now, but never so much as in 2021, following Tesla’s decision to start accepting Bitcoin payments due to it not being eco-friendly. With the awareness of the environmental impact of blockchain technology at its…

Elrond (EGLD/USD), a high-throughput blockchain platform, recently announced partnering with a fintech company Aurus, based in the UK. The partnership will allow Elrond to delve deeper into DeFi, although with a unique approach — the platform plans to work with Aurus to tokenize precious metals. According to the company’s…

Elrond EGLD/USD has two unique features that make it stand out. First you have adaptive state sharding, which is the process of splitting the Elrond infrastructure to support more transactions as well as programs. Second, you have secure proof-of-stake (SPoS), which is the consensus mechanism used to sync separate…

Cryptocurrency adoption has received a boost in Romania as one of the country’s universities has announced the acceptance of crypto payments. Lucian Blaga University of Sibiu (LBUS), with about 11,000 students, said the move is part of its goal to offer support to local businesses like Elrond (EGLD).

Elrond (EGLD) has announced a partnership with blockchain startup Shopping.io to enable US shoppers to use eGold as payments on e-commerce websites. The partnership is coming at a time when the e-commerce industry is booming and rapidly expanding. The market contributes 21% of the total retail spending within…