Blockchain Financial News
28.05 / 15:47
business
Blockchain
Technology
Adoption
NFT 2.0: The next generation of NFTs will be streamlined and trustworthy
Nonfungible tokens (NFTs) have been in the headlines for the past few years. While swaths of the population have tried to get their head around why NFTs exist, demand has soared, institutions have been built, and the lingo has entered our collective consciousness.
28.05 / 15:35
Blockchain
cryptocurrency
Cardano
Polygon
Cryptocurrencies To Look Out For In 2022: Cardano (ADA), Polygon (MATIC) and MUSHE Token (XMU)
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28.05 / 14:07
business
Blockchain
Stablecoin
Adoption
Terra (LUNA) 2.0 relaunches according to Do Kwon's revival plan
Do Kwon, the co-founder and CEO of Terraform Labs, confirmed the relaunch of Terra’s new chain, Terra 2.0, which aims to revive the fallen Terra (LUNA) and TerraUSD (UST) ecosystem.
28.05 / 11:31
Blockchain
privacy
Gold
Bitcoin
privacy coins
Can a lesson in bimetallism help the long-term stability of Bitcoin and privacy coins?
The crypto market has been on a downward trajectory since the tail end of 2021. In early May 2022, it culminated in a dip that impacted traditional markets just as hard. The recent bust removed some speculation from the market. But the shakeup is different than in the past. There are still many more active users utilizing the Bitcoin network than we have seen in past cycles. Many more holders and true believers made it through to the other side. However, as this increases over time, one of the concerns some have over Bitcoin (BTC) may impact its adoption. There is an economic incentive, not just utility, that privacy coins can offer as a solution.
28.05 / 10:47
Blockchain
Hash Rate
Bitcoin
Drop
network
Bitcoin Network
Bitcoin network difficulty falls 4.3% to 29.897T, biggest drop in 10 months
The Bitcoin network witnessed a historic event on May 12 when the network difficulty attained its all-time high of 31.251 trillion as miners mined nearly 50,000 BTC of the remaining 2 million tokens.
28.05 / 10:21
Blockchain
Terra
Luna
New Terra Blockchain Goes Live
After a delay on Friday, the new Terra (LUNA) blockchain started producing blocks on Saturday in an attempt to relaunch its ecosystem after a spectacular failure that erased billions in market value.
28.05 / 08:17
Blockchain
Adoption
regulation
India to roll out CBDC using a graded approach: RBI Annual Report
Further cementing India’s decision to introduce an in-house central bank digital currency (CBDC) in 2022-23, the Reserve Bank of India (RBI) proposed a three-step graded approach for rolling out CBDC “with little or no disruption” to the traditional financial system.
28.05 / 08:17
Blockchain
Technology
Adoption
identity
Identity and the Metaverse: Decentralized control
“The Metaverse” and “Web3” are the buzzwords of the moment, with their concepts permeating across the worlds of fintech, blockchain, and now even mainstream media. With decentralization thought to be at the core of the Web3 Metaverse, the promise of a better user experience, security and control for consumers is what’s driving its growth. But with users’ identities at the heart of the Metaverse, coupled with unprecedented amounts of data online, there are concerns over data security, privacy and interoperability. This has the potential to hinder the development of the Metaverse, but both regulated and self-sovereign identities could play an important role in ensuring that we truly own our identity and data within this new space.
28.05 / 07:43
Blockchain
JPMorgan
Gaming
BitMEX
vice chair
place
Russia Mulls Crypto for Int'l Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
28.05 / 06:21
business
Blockchain
Bitcoin
The increasingly acute need for crypto-native insurance
The insurance industry has a long history of providing vital support for major leaps in innovation. It’s no coincidence that the modern insurance industry and the industrial revolution arose in parallel. Indeed, it has been convincingly argued that the invention of fire and property insurance — in response to the Great Fire of London — lubricated the gears of capital investment that powered the industrial revolution and is likely the reason why it started in London. Through that first and each subsequent technological revolution, insurance has offered innovators and investors a safety net and served as an outside, objective validator of risk — thereby acting as a source of both the encouragement and the security needed to confidently test and break barriers.
28.05 / 02:17
Blockchain
Platform
Cardano [ADA] celebrates this in silence as TVL bloodbath raises eyebrows
The Cardano community was already euphoric after the recent announcement of the Vasil Hard Fork launch date. But they now have another reason to celebrate as Cardano “reached another interoperability milestone”. The news came after the “lagon Ethereum-Cardano” bridge went live in a beta version.
27.05 / 21:28
Blockchain
Stablecoin
Adoption
Gaming
WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement
Blockchain-based gaming, also known as GameFi, is an up-and-coming sector that could potentially be one of the primary catalysts for kickstarting the mass adoption of blockchain technology.
27.05 / 20:43
Blockchain
Provident
Santiment
STEPN: How China’s ‘regulatory policies’ caused a crash in yet another token
STEPN, a move-to-earn blockchain project had exploded by a staggering 20,000% after launching earlier this year. In fact, the move-to-earn fitness app also saw native token(s) register strong gains in March and April. However, it has been falling in May.
27.05 / 20:39
business
Blockchain
Adoption
Hodler's guide to travel: Which platforms accept cryptocurrency?
The global economy is becoming increasingly digital, and it's no surprise that cryptocurrencies and blockchain technology are starting to have an impact on the travel industry. Many travel agencies now accept Bitcoin (BTC) and other digital currencies as payment, with some even providing discounts to customers who pay in cryptocurrency. Here is a list of popular travel booking platforms that take BTC, as well as embrace blockchain technology.
27.05 / 18:39
Blockchain
Ethereum
cryptocurrency
security
Crypto Should Move Away from Relying on ‘Endless Growth’, Vitalik Buterin Argues
In order to ensure safety, crypto projects should move away from an attitude of relying on “endless growth,” despite the arguments that the fiat world works in the exact same way, Ethereum (ETH) co-founder Vitalik Buterin has stated.
27.05 / 18:39
Blockchain
JPMorgan
Gaming
BitMEX
vice chair
International
place
Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
27.05 / 17:31
Blockchain
MARKET
Polygon
community
Terra’s New Chain Launch Pushed to Saturday, NFT Projects Get an Invite to Move to Polygon
The launch of the new Terra (LUNA) blockchain has been pushed back one day and is now expected to go live this Saturday. The launch is readying as the Terra community voted to burn a portion of the old terraUSD (UST) supply, while some projects are migrating to other blockchains.
27.05 / 17:09
Blockchain
cryptocurrency
NFT
6 Things Pacman Frog Offers That Strengthens Our Bull Theory
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27.05 / 17:05
Blockchain
Metaverse
Meta
Bitcoin
BSV president urges Meta to store data for its metaverse on a public blockchain
While Meta has not yet launched its metaverse project, Bitcoin SV (BSV) Association President Jimmy Nguyen thinks that it would be better for the firm to store user data on a public blockchain.
27.05 / 15:53
Blockchain
regulation
regulatory
Stepn to block mainland China users to comply with regulatory policies
The nonfungible token (NFT) game Stepn will ban users in mainland China in an attempt to follow Chinese regulatory requirements.
27.05 / 14:09
business
Blockchain
Stablecoin
Two key takeaways from Nansen’s UST stablecoin depeg report
As the dust settles on the cataclysmic collapse of the Terra ecosystem, an on-chain deep-dive carried out by blockchain analytics firm Nansen highlights two major takeaways.
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