Blockchain Financial News
18.08 / 06:23
Blockchain
Platform
Pool
AscendEX Lists Betswap.gg (BSGG), a DeFi Betting Exchange
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
18.08 / 05:01
Blockchain
NFT
wallet
solana
Solana wallet fires up the grill to burn spam NFTs out of existence
Solana-based wallet provider Phantom has launched a new burn feature allowing users to remove spam non-fungible tokens (NFTs) sent by scammers.
18.08 / 04:35
Blockchain
Extreme
Google
Adventure
Avalanche’s new milestone and what it could mean for investors
Ava Labs has been extremely occupied as of now after a recent activity spike on Avalanche.
18.08 / 00:55
Blockchain
CEO
Platform
EOS
Decoding why EOS reversed stagnancy amid hard fork anticipation
The open-source blockchain platform, EOSIO [EOS] may not have been on the watch of many crypto investors. The reasons for this are as clear as day.
18.08 / 00:15
business
Blockchain
pension
Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
According to local news outlet LaPresse on Wednesday, the Caisse de dépôt et placement du Québec (CDPQ), an institutional investor chartered with managing retirement assets in Canada's predominantly French-speaking province of Quebec, wrote off almost the entirety of its CA$200 million ($154.7 million) investment in troubled cryptocurrency lender Celsius Network.
18.08 / 00:15
Blockchain
Adoption
Gaming
Celebrities called out for shilling NFTs: Nifty Newsletter, Aug 10–16
In this week’s newsletter, read about how Justin Bieber, along with other celebrities, was called out to disclose their connections to nonfungible token (NFT) firms. Check out the market performance of blue chip NFTs and how NFT games have an advantage over traditional gaming business models. In other news, learn about how OpenSea is implementing new ways to combat NFT theft. And check out how experts feel about carbon offset NFTs that aim to help the environment.
18.08 / 00:15
markets
Blockchain
Ethereum
POW
strategies
3 strategies investors might use to trade the upcoming Ethereum Merge
The Ethereum network’s long-awaited transition from proof-of-work to proof-of-stake is set to occur from Sept 15 to 16 and for the last year, traders and analysts have been discussing various outcomes for the upgrade and possible trading strategies.
17.08 / 22:15
Blockchain
Ethereum
defi
economics
Economic design changes will affect ETH's value post-Merge, says ConsenSys exec
As the Ethereum Merge draws near, many are speculating on its economic effects. To provide a clearer view to those who anticipate the major upgrade, Lex Sokolin, the head economist at ConsenSys, shared his insights in an interview with Cointelegraph.
17.08 / 21:03
business
Blockchain
Investments
Study: Insider trading occurs in 10% to 25% of cryptocurrency listings
According to a recent study conducted by the University of Technology Sydney, researchers estimated that insider trading occurs in 10% to 25% of cryptocurrency listings.
17.08 / 20:03
Blockchain
Bitcoin
Pushing Bitcoin to become more scalable with zero-knowledge proofs
For all the good that Bitcoin brings to the table, it also possesses a commonly accepted issue in scalability. Bitcoin can only process a limited number of transactions per block and, as of Aug. 17, 2022, can handle about five transactions per second, which in comparison to most other blockchains is low. The factor limiting scalability lies in Bitcoin’s cryptographic algorithm.
17.08 / 20:03
Blockchain
Technology
Ethereum
gas fees
NOT
Ethereum Foundation clarifies that the upcoming Merge upgrade will not reduce gas fees
According to a new clarification by the Ethereum Foundation on Wednesday, the network's upcoming proof-of-stake transitory upgrade — dubbed the "Merge," — will not reduce gas fees. Regarding this, the Ethereum Foundation wrote:
17.08 / 19:13
Blockchain
UPS
Target
Fighting
PIXXTASY, the NFT Project Devoted to Fighting Against Drug Use and Helping Addicts Recover!
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
17.08 / 14:23
Blockchain
Lowe's
Platform
The Strength of Web3 and Importance of Moving Away From Web2
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
17.08 / 13:55
Blockchain
Adoption
interview
Web3 gives creators in emerging markets a shot, says Faro Company CEO
While the entertainment and production industry is still primarily dominated by the West, shows like the Squid Game demonstrate an opportunity for non-Western productions to take flight on the international scene. With some help from Web3, creators in developing markets can find their way to a bigger stage, according to an expert in the entertainment industry.
17.08 / 13:09
Blockchain
defi
hacks
Cybercrime
Another depeg — Acala trace report reveals 3B aUSD erroneously minted
High-profile security incidents continue to be a theme in 2022 as the Acala Network joined a long list of stricken platforms to fall prey to exploits.
17.08 / 13:09
Blockchain
Ethereum
Ethereum 2.0
proof-of-work
freeze
EthereumPOW
EthereumPoW team plans to freeze selected contracts, community pushes back
Ethereum (ETH) is all set to transition to a proof-of-stake (PoS) network by Sept. 15-16 that would see an end to its current proof-of-work (PoW) chain. This event would eliminate PoW mining from the Ethereum ecosystem.
17.08 / 12:55
Blockchain
Provident
Digital
Tech industry consortium to run CBDC pilot with sterling stablecoin
The upcoming pilot, operating under the bannner 'Project New Era', will test high potential use-cases and provide empirical inputs to policymakers and regulators on future design considerations for CBDC development and stablecoin regulation. The consortium intends to use the blueprint set out by Project New Era to launch private-sector pilots in multiple jurisdictions across the world.Kunal Jhanji, managing director and partner at Boston Consulting Group, says: "The world is undergoing a financial revolution from which there is no turning back.
17.08 / 12:35
Blockchain
Bitcoin
Crypto Scam Revenue Has Dropped by 65% in 2022: Chainalysis
Illicit crypto volumes have been diminishing year-over-year, with scams making the largest drop, accordingto a report by blockchain analytic firm Chainalysis.
17.08 / 12:35
Blockchain
Digital
Google
Samsung
40 Public Firms Invest around $6B in Blockchain Industry: Blockdata
Google's parent company Alphabet has become the top investor in the blockchain industry, according to a research report on the blockchain investment activities of the world's top 100 listed companies by market capitalization released by the blockchain market intelligence agency Blockdata.
17.08 / 10:03
Blockchain
Adoption
Binance
Web3 Developers
BNB Chain aims to raise 30K new Web3 developers across Latin America in 2022
BNB Chain, a blockchain network created by crypto exchange Binance, and Latin America-focused education platform Platzi announced that they will be launching a Web3 development course for the region.
17.08 / 08:31
Blockchain
UPS
Platform
FrontFanz- the Polygon Web3 Subscription Platform Ready to List Their Token
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
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