After making a daily high of $33,260, Bitcoin is now trading at $31,939. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $1,932.
Let’s review some interesting crypto news in detail for today.
Ethereum’s London upgrade is set to get activated on the Ethereum mainnet. As per the blog, it will go live on the block height of 12 965 000, which is expected between August 3rd to 5th. As stated, the node operators would be required to upgrade their client version to get compatible with this.
Notably, these client releases are different from the previous ones that supported London on testnets. Moreover, these releases consist of different EIP upgrades in the London Hard Fork. However, the EIP-1559 proposal will modify the current transaction processing process. The London upgrade contains the following EIPs: EIP-1559, EIP-3198, EIP-3529, EIP-3541, and EIP-3554. More detailed information related to this upgrade can be found here.
The next #Ethereum network upgrade, London, is coming.
Learn more about EIP-1559 and other changes, and get ready by upgrading those nodes! 🦄https://t.co/90coW9QMHP
— Ethereum (@ethereum) July 15, 2021
Crypto.com has announced the integration of the Polygon (MATIC) RSS feed (news and announcements) to their Polygon price page. With this integration, users will get the latest information regarding the Polygon platform without leaving Crypto.com. Further, this will also empower users with the latest MATIC price, live charts, trading volume, and other data.
Recently, Crypto.com revealed the listing of MATIC tokens on their Syndicate platform. Hence, the team has also integrated the RSS feed feature, which will help users to access the latest news and updates related to Polygon’s ecosystem.
🚀 Now, users can easily access all the latest news & information about the growing polygon ecosystem.
— Polygon (@0xPolygon) July 14, 2021
Solana has announced the launch of a bridge from Polygon to Solana. Moreover, this bridge is named Solbridge, which aims to connect DeFi service providers across different chains. Interestingly, this is the first EVM-compatible network for Solbridge, allowing users to transfer assets from the EVM network to Solana.
Polygon is an easy-to-use platform for Ethereum scaling and infrastructure development. Hence, with Solbridge, participants can enjoy the benefits of both the Polygon and Solana ecosystems. Additionally, the team also has plans to upgrade this Solbridge into a DAO-style multi-chain hub to connect between EVM and non-EVM networks.
📶 It will offer #Polygon users a simple & convenient tool to transfer assets between their network and Solana 👏
— Polygon (@0xPolygon) July 14, 2021
NFTify, the e-commerce platform, has declared it has gone live. NFTify is a next-generation NFT e-commerce platform and one-stop-shop for designing an influential NFT marketplace. With this launch, NFTify is offering big discounts, free services, and special promotions to early adopters of NFT stores.
Notably, users who pre-registered by June 30th are considered as early adopters. Early adopters can enjoy a free service fee (2.5%) on every transaction while listing their items on N1. Besides this, the top five shops with the highest trading volume will get featured on the Best Sellers list. Additionally, early adopters can also enjoy some exciting features such as one-click NFT shop creation, highly customizable NFT stores, free Shopify of NFTs on Web 3, and more. Additionally, the team also has plans to add more features, depending on early users’ feedback.
NFTify Platform is now live
Early adopter can access now and enjoy:
✨Open stores for free
✨Issue, sell and buy NFT items with just one click
✨Free Service Fee (2.5%) when listing items on N1
Open your own NFT store :https://t.co/Ab23en1ddJ
— NFTify (@nftify_official) July 14, 2021
In the last bit of crypto news for today, we have Sentinel announcing the unlocking of the Gravity DEX through Emeris. As per the official announcement, Emeris aims to become the one-stop protocol for all crypto apps. The team stated that the beta version of Emeris will launch in the coming days.
Moreover, the Gravity DEX protocol uses an Equivalent Swap Price Model (ESPM) to improve price consistency and reduce opportunities for arbitrage. The Sentinel Network is a decentralized peer-to-peer (P2P) bandwidth marketplace. Notably, transaction fees are low on Gravity DEX, coming in at just 8 cents. With this upgrade, the Sentinel community becomes one of the first projects to unlock Gravity DEX through Emeris.
The Sentinel community is proud to be one of the first projects to unlock Gravity Dex through Emeris. Congratulations to the amazing team @tendermintHQ, we're excited for the launch. #DeFi #Cosmos #web3 https://t.co/Uh8bPbb3ki
— Sentinel ⚛️ (@Sentinel_co) July 15, 2021
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