|All Time High:|
|Market Cap: |
|The price of #ICP today is $4.69 USD.|
The lowest ICP price for this period was $0, the highest was $4.69, and the current live price for one ICP coin is $4.69024.
The all-time high ICP coin price was $495.
Use our custom price calculator to see the hypothetical price of ICP with market cap of ETH or other crypto coins.
|The code for Internet Computer is #ICP. |
Internet Computer is 2.6 years old.
|The current market capitalization for Internet Computer is $2,109,677,322.|
Internet Computer is ranked #32 out of all coins, by market cap (and other factors).
|The trading volume is large during the past 24 hours for #ICP.|
Today's 24-hour trading volume across all exchanges for Internet Computer is $57,733,051.
|The circulating supply of ICP is 449,801,094 coins, which is 88% of the total coin supply.|
Shiku Metaverse at NFT Tallinn: Unveiling The True Potential of the Metaverse
Shiku Metaverse, the first Swiss-based Metaverse Foundation, recently made waves at the prestigious NFT Tallinn event, leaving a lasting impact on industry leaders and enthusiasts alike. The founding president, Dr. Yulin Liu, took center stage in a fireside chat with representatives from Binance, Polina and Celio. This engaging discussion delved deep into the realm of possibilities within the Metaverse and showcased the groundbreaking developments spearheaded by Shiku Metaverse. One of the highlights of Dr. Liu’s talk was the exploration of Dutch auctions, an innovative mechanism that has piqued the interest of collectors and investors. These auctions, conducted through the Yumi NFT marketplace, add a unique twist to the sale of Shiku land NFTs, creating a dynamic experience for participants. Despite the prevailing bearish market sentiment, Shiku Metaverse achieved a remarkable milestone by successfully selling our first land NFT for a sum of approximately $60,000. This groundbreaking achievement firmly establishes Shiku Metaverse as a leading provider of luxurious and highly sought-after land NFTs on a global scale. The significant value attributed to these virtual properties exemplifies the increasing recognition and desirability of digital assets within the Metaverse. “Within Shiku Metaverse, we strive to create an immersive digital ecosystem that revolutionizes the way brands and users connect, collaborate, and communi...
Exchange Rate Canister — A Smart Contract with Oracle Capabilities
Exchange Rate Canister — A Smart Contract with Oracle Capabilities - Canister smart contracts on the Internet Computer have the ability to make direct calls to any Web 2.0 data source via HTTPS outcalls without introducing additional trust assumptions. One fully on-chain DeFi use case is the new Exchange Rate Canister. Written by Thomas Locher The explosive growth in the Web 3.0 space in recent years is testament to the power of smart contracts. Smart contracts running on a blockchain provide a reliable and trustworthy mechanism to carry out complex transactions in a decentralized manner. Their power lies in the fact that both the program code as well as the data they operate on reside on-chain. This entails that users can trust that transactions are executed as intended as long as the blockchain itself is trusted. For example, if a user wishes to swap some token for another one on a decentralized exchange (DEX), a smart contract that implements the functionality of an exchange, this user can be confident that he or she will get the other token at an appropriate exchange rate, and not lose the transferred token because of human error or malicious behavior. While there are clear benefits to having all decisions in a smart contract be based on on-chain information, it is also a limiting factor. Smart contracts on their own cannot readily use the abundance of data available in the “traditional” Web 2.0 world. Think of ...
Global R&D: April 2023 Edition
CigDAO aims to make crypto fun, a dashboard that displays the carbon emissions of the Internet Computer in real-time, a nifty feedback board for ICP developers, plus a whole lot of other cool stuff. Here’s the recap of Global R&D, April 2023. Written by Angela Harp More SNS DAOs Coming! Open Chat SNS and SNS-1 are progressing nicely, both showing a steady increase in activity around proposal submissions and token transactions. OpenChat has also introduced a new feature that allows neuron gated chat groups to be created, which means special groups can now be curated that are restricted to community members vested in governance. Exciting developments are happening with SNS-1 as well. The community has risen to the challenge of building something for this DAO with the kick-off of ICPCoins. The goal of this project is to build a dashboard that tracks the performance of tokens launched on the Internet Computer.* See SNS section of the Internet Computer dashboard for more details about the setup and governance activity on the existing SNS DAOS. While OpenChat SNS and SNS-1 are the first SNS DAO launches, they’re certainly not the last. There’s plenty more in the pipeline. Projects including Catalyze, Hot or Not, Kontribute, Kinic, Nuance and Sonic are gearing up to hand over the control of their dapps to SNS DAOs. What’s more, various dapps in the ecosystem are offering SNS launchpad support beyond the NNS dapp: ICLig...
Let’s Talk About Ordinals
If you’ve been paying attention to crypto news lately, you’ve probably heard about Ordinals. From an outsider’s perspective, the Ordinals protocol, launched by software engineer Casey Rodarmor on January 21, is a seemingly innocent bit of coding that allows NFTs on the Bitcoin blockchain. Read the full article on the InfinitySwap blog here: www.blog.infinityswap.one Let’s Talk About Ordinals was originally published in The Internet Computer Review on Medium, where people are continuing the conversation by highlighting and responding to this story.
Proof of Green Has Arrived
Carbon Crowd Unveils PoG Dashboard at Sustainability Roundtable In recent years, the tech industry has faced growing scrutiny over its environmental track record, with blockchain technology, in particular, being singled out for its high energy consumption. However, the Internet Computer Protocol (ICP) has long been committed to reducing its carbon footprint. And with the introduction of Proof of Green last week, ICP’s efforts to spark a more sustainable Web3 future have received a significant boost. Complimenting their previous collaborations with green-tech startup Carbon Crowd, the DFINITY Foundation, a Swiss non-profit and major contributor to the Internet Computer blockchain, has now launched their landmark Proof of Green (PoG) initiative. The implementation of PoG creates standardized principles for transparently measuring, evaluating, and sharing information around blockchain carbon footprints, helping to promote environmentally responsible practices across the ICP ecosystem and the entirety of Web3. Last year, DFINITY partnered with Carbon Crowd to draft a grassroots proposal (which was overwhelmingly adopted by the ICP community) to promote sustainable practices within the ICP blockchain. This ultimately led to the Internet Computer Footprint: IC Sustainability Report 2022, which evaluated the blockchains’ current electricity usage and carbon footprint and offered recommendations on ICP’s journey toward mass dec...
Aedile Brands its Future
edile logoAedile is the first open and decentralized service offering individuals, teams, and communities, an alternative to their favorite management tools. Built entirely on DFINITY’s “Internet Computer” blockchain, aedile’s front-end and back-end components are decentralized and running at Web speed to ensure a seamless experience for all users, while guaranteeing them transparency, security and full control over their data. — Genesis - Aedile is a passion project. Born from R&D in the Lab of ESENS, a tech consulting company based in Paris, France, aedile’s journey starts with a love for blockchains that led us to explore its endless possibilities. In 2016, disappointed by the state of Web2, tired of hitting walls reading “API rate limits” or “API clients banning”, and disheartened by how little opportunities to build successful applications there were out there, developing new projects sometimes felt like playing a game we’d already lost.And then, we started researching Web3. DApps empower developers to innovate in a permission-less environment. This concept single-handedly solved most of the many problems we had encountered building previous apps. So we started building DApps on Ethereum… and quickly found the UX was lacking for beginners. Not long after burying our latest Ethereum DApp, our Lead Engineer heard about DFINITY and started exploring their full rework of the blockchain. Now,...
The Internet Computer Embraces Real-Time Energy Reporting and the Proof of Green Initiative
Taking the next steps on the sustainability journey, the DFINITY foundation and the ICP ecosystem joins the Proof of Green initiative with Carbon Crowd to make the Internet Computer’s carbon footprint transparent. Written by Aisling Connolly The Internet Computer ecosystem is committed to building green tech, and is already on the path towards reducing its carbon emissions. Recapping the milestones achieved in 2022, a community-authored NNS Proposal #55487 was adopted to establish a carbon footprint and sustainability policy for the blockchain. A project was then launched in collaboration with Carbon Crowd to decarbonize the underlying digital infrastructure of the Internet Computer. The Internet Computer Footprint: IC Sustainability Report 2022, which evaluates the blockchains current electricity usage and carbon footprint, also laid out a series of proposals for the network’s sustainability journey towards decarbonization. Continuing on the green path, the Internet Computer now introduces real time energy reporting and embraces the Proof of Green Initiative — an initiative that aims to cut greenwashing. More specifically, the Internet Computer can now track real-time energy consumption from its nodes, and anyone can verify and hold the blockchain accountable through the measuring mechanisms and scope 2 carbon emissions reporting displayed on the new dashboard launched by Carbon Crowd. These are the first of many s...
Eliminating Smart Contract Bugs with TLA+
Temporal Logic of Actions (TLA+), a general toolkit that can exhaustively test software designs, also works on ckBTC smart contracts. Say goodbye to reentrancy bugs, and hello to more secure BTC <> ICP transfers. Written by Ognjen Maric In June 2016, the excitement was running high. “The DAO”, built on the Ethereum blockchain, was about to become the world’s first fully digital and decentralized investment fund. But within weeks, it became a poster child for DeFi hacks instead, after an attacker drained $50 million worth of Ether from it. To hack The DAO, the attacker exploited a so-called reentrancy bug, a type of concurrency bug where one method of a particular smart contract is called while another one is still executing. And The DAO was just the first in the long progression of smart contracts plagued with such bugs. Prominent successors include Uniswap/Lendf.Me with $25 million stolen in 2020, CREAM was drained of $18 million, 2021, and Fei of $80 million in 2022. The reason why these bugs persist is that they can involve unexpected interactions of code scattered throughout a smart contract, or sometimes even in different smart contracts altogether. The number of such code interactions may be huge, and thus very difficult for humans to detect and weed out the unwanted ones. Moreover, these interactions are usually difficult to test automatically and systematically. TLA+: the Exterminator Enter the Temporal L...
Jens Groth, Principal Researcher at DFINITY, Receives the IACR Test-of-Time Award…
Jens Groth, World-Renowned Cryptographer and Principal Researcher at DFINITY, Receives the IACR Test-of-Time Award for the second time. - Photo credit: UCL “Zero-knowledge proofs allow you to prove a statement is true without revealing anything else but the fact the statement is true,” explains Jens Groth, as he pulls out a deck of cards to illustrate what he means by this. “Let’s say I pick a card, look at it, and tell you it’s a red card. What I tell you could be true or false, and sure, I could show you the card to prove it’s really red, but showing you the card would reveal more than just the fact that the card is, in fact, red.” Groth then spreads out a pile of all the black cards with the red card face down. “Now you know the card is red, but not that it’s the queen of hearts, for example.” This is how Groth — a leading cryptographer known for revolutionizing the area of zero-knowledge proofs with the invention of practical pairing-based non-interactive zero-knowledge (NIZK) proofs — humbly explains the essence of the research paper he co-authored with Amit Sahai. This very paper, titled Efficient Non-interactive Proof Systems for Bilinear Groups, has been used in many research works that followed to develop practical cryptographic schemes and applications, since its publication at Eurocrypt 2008. Today, the International Association for Cryptologic Research (IACR) is crowning the author...
Announcing the Internet Computer BUIDL Bitcoin Hackathon, powered by Encode Club
We’re excited to announce the Internet Computer BUIDL Bitcoin Hackathon powered by Encode Club, a four-week online event designed for developers to explore the Internet Computer and build on Bitcoin. This global hackathon offers hackers a chance to learn, collaborate, and create groundbreaking projects with a range of prizes available. — How it Works - The hackathon begins with a Launch Event on May 22nd and lasts for four weeks. Registered participants can join workshops, get support, and find team members through dedicated Discord channels. Following the provided challenges, participants have until June 18th to submit their projects. The best submissions will be invited to pitch live during an online Finale Event in July for a chance to win major prizes. To participate, simply fill out the registration form, either solo or with a team, and join the IC Dev Community and Encode Club Discord servers for updates and hackathon details. — Hackathon timeline: - April 12th: Registrations open May 22nd: Hackathon Launch June 18th: Submission Deadline June 18th — July 5th: Judging period July 5th: Hackathon Finale event — Bounties and Prizes - Main Track Attention all developers, designers, and crypto enthusiasts! Are you ready to take Bitcoin to the next level? Bitcoin is the king of crypto, but it’s been held back by limited programming capabilities, low speed, and high fees. That’s where the Inte...
More Internet Computer (#ICP) News
|CRO, ICP Explode 11%, Bitcoin Maintains $29K: Market Watch
Following the recent massive volatility, bitcoin made another attempt to overcome $30,000 but failed just inches below that level.
The altcoins have also calmed today, with ETH maintaining $1,900 and XRP jumping almost 3%.
Bitcoin Remains Above $29K
The past several days were quite eventful for the primary cryptocurrency. After trading still at around $27,000 during the weekend and until Tuesday, the bulls took complete control over the market and propelled a massive push-up that drove it to $30,000 in hours.
However, fake reports came out claiming that wallets connected to Mt. Gox and the US government could be disposing of substantial amounts of BTC that plummeted the asset by almost $3,000. When the news was confirmed to be fake, bitcoin went on the offensive once again and reclaimed $28,000 and then $29,000.
That all happened in the span of 36 hours. The past day brought another leg up that drove BTC to just under $30,000. However, it failed there and has since lost several hundred dollars.
Nevertheless, BTC still stands above $29,000, and its market cap remains north of $560 billion. Its dominance over the alts is up to 47%.
BTCUSD. Source: TradingView
ICP, CRO Soar by Double Digits
Most alternative coins mimicked BTC's enhanced volatility with significant price fluctuations. Ethereum went from $1,800 to over $2,000 in hours, before retracing just as hard and bouncing off. A minor 1% increase in the past 24 hours has helped the second-largest crypto to reclaim $1,900.
|Dfinity Foundation Launches Chain-Key Bitcoin, a Native Internet Compute...
On April 3, 2023, the Dfinity Foundation, a development team behind the Internet Computer (ICP) network, announced the launch of a native ICP token called 'chain-key bitcoin' or 'ckBTC.' The bitcoin derivative is backed 1:1 with the leading cryptocurrency asset. On Monday, Dfinity detailed that the technology 'builds on the protocol-level integration with the Bitcoin network.'Breaking Away from Custodians and Bridges: The Benefits of Chain-Key Bitcoin's Smart Contract-Based System
On Twitter, the Dfinity Foundation announced the full release of chain-key bitcoin, also known as ckBTC. 'Proposals 115468, 115470 & 115473 have been adopted with flying colors,' the team explained. 'Many thanks to all the [ICP] people who voted manually to make this happen.' According to a blog post, ckBTC is backed 1:1 with bitcoin (BTC), and the system operates with 'centralized custodians, no bridges, and no traditional cloud providers.'
The ICP-based bitcoin derivative is considered a 'significant breakthrough in blockchain interoperability,' and the technology is integrated with Bitcoin at the protocol level, according to the Dfinity blog post. The ckBTC system uses vaults called canisters, which work with a smart contract instead of relying on a custodian or bridge. Essentially, to obtain ckBTC, a person needs to deposit BTC in exchange for the ICP token, and withdrawals work the same way when ckBTC is redeemed for real bitcoin.
'Any canister can submit Bitcoin transactions to the Bitcoin net...
|Internet Computer (ICP) Sheds 5% In Last 24 Hours As Bulls Lose Aggressi...
With more than $1 billion in market cap, Internet Computer is part of the top 50 cryptocurrencies according to CoinGecko. Although the crypto market is certainly bullish on the token, the positive sentiment on the crypto has not reflected in the charts in the past days.
According to CoinGecko, the token is down by 5% in the daily timescale. However, the bi-weekly timescale shows a 12% gain.
Bullishness Up, But Why Is Internet Computer Down?
DFinity, the company that launched Internet Computer, recently integrated Bitcoin to add smart contracts to the top cryptocurrency.
According to the Santiment insight made by SanTrends, ICP is top 5 just behind Ethereum in development activity. InfinitySwap, the ICP blockchain’s automated market maker (AMM) and staking platform, has also contributed to the rise in development activity as it also integrated Ethereum, ensuring low fees compared to the top altcoin.
However, this strong bullishness in development was sideswiped by a strong drop in TVL, high-profile crashes in the crypto space, and economic headwinds produced the perfect storm for ICP to crash just a day before 2023 starts.
Security For ICP Is Up, But Not For Investors
On-chain security of ICP has been boosted by its integration with BTC. With 2022 being very notorious with the amount of digital assets stolen, this security boost is highly appreciated by the community.
However, on-chain security does not guarantee return...
|DFINITY brings new smart contract functionality to Bitcoin with Internet...
DFINITY Foundation, the not-for-profit organization contributing to the development of the Internet Computer (IC) — a high-speed, internet-scale public blockchain — has announced today the Internet Computer's mainnet integration with Bitcoin, bringing smart contract functionality to the cryptocurrency.
Now, the Internet Computer can serve as a layer-2 for Bitcoin where smart contracts on the Internet Computer can hold, send and receive bitcoin natively, without the need for bridges or other 3rd-parties. This provides a trustless foundation for varied DeFi and web3 applications seeking to code Bitcoin.
'Blockchains are like walled gardens, incapable of interaction between one another. When this comes to Bitcoin, applications, such as DeFi applications, that could benefit most from interacting with the world's largest cryptocurrency do not have the ability to do so. The Internet Computer's integration with Bitcoin is a true game-changer for the industry, finally bringing smart contract functionality to Bitcoin and enabling a whole new landscape of DeFi and dapp development never before possible using BTC.'
- Manu Drijvers, Director of Engineering at the DFINITY Foundation
With IC integration, bitcoin can be used for DeFi activities like yield farming, lending, payments, and more...
This is achieved through the Internet Computer's enhanced Chain-key cryptography. The direct integration with Bitcoin averts the need for bridged and wrapped Bitcoin, a technique used to ...
|Daily Pump & Dump | June 2, 2022 Crypto Market Report: BTC, ETH, ICP
The daily pump & dump is a weekday update on the crypto market providing you with an abbreviated breakdown of price action related to Bitcoin, Ethereum, and other trending altcoins.
Bitcoin retests $30,000 after a rejection. Why is Ethereum lagging behind the rest of crypto? ICP posts insane intraday rally.
Bitcoin Retests $30,000, Can The Key Level Hold? Bitcoin price was fiercely rejected from resistance at $32,000, sending the cryptocurrency back to retest support at $30,000.
The fall took BTCUSD daily to the middle-Bollinger Band - which is a 20-day simple moving average. The top altcoin is not representative of the state of alts as a whole, which have in some cases seen strong recoveries today.
Ethereum could head down further against BTC | Source: ETHUSD on TradingView.com
Upon closer inspection, ETHUSD is far below the same middle-Bollinger Band and 20-day SMA as Bitcoin on daily timeframes. The discrepancy is demonstrated in the ETHBTC pair, which is at risk of further breakdown if horizontal support is breached.
Internet Computer Boots Up 20% Rally
One outlier across the market today is Internet Computer. The Dfinity Foundation coin posted double digit gains on the day. Much like Bitcoin is visually more bullish than Ethereum considering price action and its location within the Bollinger Bands, ICP looks the most poised for aggressive expansion.
The Bollinger Bands are a volatility measuring tool. When the bands ti...