Blockchain Financial News

14.06 / 00:33

Blockchain Stablecoin Adoption Decentralization Scientists claim to have designed a fully decentralized stablecoin pegged to electricity

Researchers at the federally-funded Lawrence Livermore National Laboratory in California have combined statistical mechanics and information theory to design a stablecoin they call Electricity Stablecoin (E-Stablecoin) that would transmit energy as a form of information. Livermore’s Maxwell Murialdo and Jonathan L. Belof say their innovation would make it possible to transmit electricity without physical wires or a grid and create a fully collateralized stablecoin pegged to a physical asset – electricity – that is dependent on its utility for is value.

13.06 / 21:43

Blockchain Art NFT Floor price of popular NFT collections collapse due to bear market

It appears there is no respite anywhere in the crypto realm in the face of Monday's extraordinary market sell-off. Based on data from NFT Price Floor, the floor prices for Bored Ape Yacht Club (BAYC) and CryptoPunks, two of the most popular nonfungible token, or NFT, collections on the market, have fallen to 74 ETH ($92,223) and 48 ETH ($69,473), respectively.

13.06 / 20:05

Blockchain defi Investments defi protocols CEXs Crypto crash wreaking havoc on DeFi protocols, CEXs

On Monday, a heavy cryptocurrency sell-off in the markets caused significant ripples for projects and entities alike. On popular decentralized finance, or DeFi, lending protocol Aave, utilization rates have fallen across nearly all stablecoin borrowings. Most notably, borrowings for Binance USD (BUSD) now stand at a mere 30% compared to a high of 80% back in May.

13.06 / 17:47

Blockchain Ethereum Trading Altcoin Can the Optimism blockchain win the battle of the rollups?

Ethereum is plagued with criticisms of its less than optimal scaling capabilities and high gas prices. There have been talks about increasing the scaling capacity of the Ethereum mainnet for a while now.

13.06 / 15:09

Blockchain Developers Smart Contracts DAO network Blockchain Network Scalable blockchain network provides foundation for more secure, stable coding for developers

Git open-source repositories are a popular method for storing code. Unfortunately, a high degree of centralization means there's a single point of control — sparking fears about the prospect of censorship resistance and security. And as more code is written, it can become less secure.

13.06 / 13:49

Blockchain Stablecoin TRON USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg

While the market has not yet fully recovered from the onslaught caused by the TerraUSD (UST) depeg, another stablecoin project shows signs of distress, causing fears and speculation within the community.

13.06 / 13:29

business Blockchain Social Media Bitcoin Crypto winter survival guide: Community shares game plan for the bear market

Crypto newcomers are troubled about deciding their next move as the market becomes unpredictable. Because of this, crypto community members handed out their advice to those trying to navigate through the cold crypto winter.

13.06 / 12:55

business Blockchain Investments Bitcoin Nexo offers to buy out Celsius’ loans amid withdrawal suspension

There’s a glimmer of hope for the bear market’s most recent victim. Following reports that Celsius is insolvent, Nexo is offering a buy-out.

13.06 / 12:29

Blockchain Twitter Platform Bitcoin Bitcoin Blockchain Drosey's Web5 to Merge Web3 and Web 2.0, Built on Bitcoin Blockchain

Web5 is a combination of Web3, and Web 2.0 built on the Bitcoin blockchain, former Twitter CEO Jack Dorsey announced through Twitter.

13.06 / 12:29

Blockchain BTC Twitter BLOCK Bitcoin Reserve Tron DAO Reserve Buys $50M BTC, TRX

Tron DAO Reserve announced through Twitter that it bought $50 million worth of Bitcoin and Tron (TRX) to «safeguard the overall blockchain industry and crypto market.»

13.06 / 11:37

Blockchain Ethereum Mining Ethereum Steps on Another Delay Bomb

Ethereum (ETH) developers have decided to once again delay the “difficulty bomb,” a special code in Ethereum that eventually makes it impossible to mine ETH tokens, by another two months.

13.06 / 11:31

Blockchain security Lightning Network Bitcoin Time Bitcoin hash rate marks all-time high as BTC price drops below $25K

Bitcoin (BTC) hash rate, a network security measure based on computing power for mining, achieved a new all-time high (ATH) of 231.428 ExaHash per second (EH/s) amid an ongoing bear market that witnesses BTC price plunging below the critical $25,000 mark.

13.06 / 11:11

Blockchain Digital MasterCard Returns Will the ‘The Sandbox x Mastercard’ partnership generate positive returns

Payment giant Mastercard, recently announced its partnership with The Sandbox and other non-fungible token (NFT) marketplaces. The partnership was entered into “bring its payments network to Web3”.

13.06 / 00:26

Government Blockchain Law Adoption Financial DeFi pulls the curtain on financial magic, says EU Blockchain Observatory expert

As decentralized finance continues its victorious march — although the road is sometimes bumpy — some significant questions on its nature remain. How can DeFi applications be protected from becoming nonoperational under extreme stress? Is it really decentralized if some individuals have way more governance tokens than others? Does the anonymous culture compromise its transparency?

12.06 / 19:09

Blockchain UPS Provident Mobile Is there really enough ‘Helium’ to send HNT’s price soaring

The Helium Network [HNT] is a decentralized wireless network built around an open-source and standards-compliant wireless network protocol (WHIP) on a purpose-built blockchain. It has a native token known simply as HNT.

12.06 / 13:01

business Blockchain Art Adoption UNFCCC weighs blockchain use cases to fight climate change with Cointelegraph

The United Nations Framework Convention on Climate Change (UNFCCC) along with climate change entrepreneurs and Cointelegraph delved into discussing the role of emerging technologies such as blockchain in solving global issues including climate change.

12.06 / 13:01

Blockchain Stablecoin Adoption defi What can other algorithmic stablecoins learn from Terra’s crash?

The spectacular implosion of the Terra ecosystem in mid-May left the crypto industry scarred. Though there were some brave critics who understood just how thin the razor’s edge was for TerraUSD (UST) — now TerraUSD Classic (USTC) — I think it’s safe to say that most people didn’t expect Terra to fail so fast, so dramatically and so completely irrevocably.

12.06 / 13:01

business Blockchain Tether Bitcoin Cash Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST

Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing out $80 million every month for nearly three years.

12.06 / 13:01

Government Blockchain Adoption Bitcoin Central authorities have demonized privacy — Crypto projects must fight back

Zcash (ZEC), a privacy coin that launched in 2016, unveiled an upgrade to its system on May 31 that will allow users to more easily make private, trustless digital cash payments on mobile phones. Not everyone would view this as a good development.

12.06 / 12:49

business Blockchain cryptocurrency Bitcoin Bitcoin Down Cryptocurrency Prices Today June 12: Bitcoin down 4%, Ethereum slumps 11%

Cryptocurrencies traded in the red early on June 12. The global crypto market cap is $1.13 trillion, a 5.09 percent decrease over the last day. The total crypto market volume over the last 24 hours is $71.55 billion, which makes a 6.14 percent increase.

11.06 / 18:41

Blockchain Technology Adoption Investments What are investment DAOs and how do they work?

A decentralized autonomous organization (DAO) that raises and invests capital into assets on behalf of its community is an investment DAO. Investment DAOs tap into the power of Web3 to democratize the investment process and make it more inclusive.

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