Blockchain Financial News
25.05 / 05:31
Blockchain
Digital
CEO
Platform
Support
Fireblocks Adds Support for TRON DAO’s TRX and all TRC20 Tokens
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
25.05 / 04:55
Blockchain
NFT
Polygon
Environment
Could GameFi and carbon currencies reverse blockchain's climate stigma?
Nonfungible tokens (NFT) and blockchain technology have developed an unfortunate stigma in some sections of the community for being bad for the environment — but could that perception be changed by integrating carbon offsets into NFT gaming?
25.05 / 04:55
Blockchain
Technology
interview
CryptoSat’s first nanosatellite blasts off Wednesday on SpaceX rocket
If all goes to plan Wednesday’s SpaceX rocket launch in Florida will blast a “crypto-satellite” into low Earth orbit, paving the way for secure blockchain-related cryptography in space
25.05 / 04:27
Blockchain
UPS
Ethereum
Racing
Where is OpenSea Solana in the NFT race? The truth is…
OpenSea has been hit hard by the latest round of turbulence in the market. However, some blockchains are evidently taking it harder than others. To be specific, it’s high time we took a look at Solana and what its NFT traders have been up to.
25.05 / 02:55
Blockchain
USDT
Pool
Luna
Is NEAR at risk of suffering the same death spiral fate as LUNA
The LUNA and UST crash have shifted the spotlight on other crypto projects running decentralized stablecoins, such as NEAR’s USN. The latter is among the fastest-growing blockchain networks. However, a lot of investors seem to be questioning if that growth trajectory would suffer the same fate as Terra?
24.05 / 23:53
Blockchain
Adoption
regulation
Bitcoin
ECB: One in ten households in eurozone population centers now own cryptocurrency
On Tuesday, the European Central Bank, or ECB, published the results of a new survey conducted in six eurozone areas; the Netherlands, Spain, Italy, Belgium, France, and Germany. Together, approximately 10% of respondents from the surveyed countries said they own cryptocurrencies. Out of this group, only 6% of respondents said they own digital assets worth more than 30,000 euros. Meanwhile, 37% of respondents said they owned up to 999 euros in crypto.
24.05 / 23:03
Blockchain
interview
World Economic Forum
Davos
WEF 2022: Web3 no longer just about crypto and DeFi, says Polkadot founder Gavin Wood
Although Web3 has become a sort of buzzword in the cryptocurrency community, its application and utility extend far beyond the world of blockchain, according to Polkadot founder Gavin Wood.
24.05 / 22:17
Blockchain
CBDC
Adoption
Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC
Brazilian exchange Mercado Bitcoin announced its partnership with the Stellar Development Foundation (SDF) on Tuesday. The company said it intends to develop one of the nine projects selected for the LIFT Challenge Real Digital, promoted by the Central Bank of Brazil.
24.05 / 21:41
Blockchain
regulation
Environment
Bitcoin
WEF 2022: Trust and clarity are missing in discussions of carbon emissions and crypto
The need for a clear, balanced concept of the issue was a constant theme at the panel discussion of crypto’s carbon footprint at the 2022 World Economic Forum. There was general agreement that there has been a rush to judgment on the consensus mechanisms of crypto mining and education and careful policymaking can counteract it.
24.05 / 16:55
Blockchain
security
Cryptocurrency gateway Gate.io shares historical rise to success
There is no shortage of cryptocurrency exchanges on the market today. Although the choice is a good thing, for many investors, the decision can be debilitating. After all, while a good platform can be the key to building your investment portfolio, the adverse may also be true, that a poorly set up exchange may cost a user both in opportunities lost and more directly in scams. For this reason, one of the greatest tells of a good exchange becomes their reputation.
24.05 / 16:55
business
Blockchain
Stablecoin
Bitcoin
WEF 2022: Blockchain community breaks stereotypes at Davos
On the second day of Global Blockchain Business Council's (GBBC) Blockchain Central Davos 2022, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a panel discussion focusing on the direction that the financial industry is going.
24.05 / 16:21
Blockchain
XRP
Asia
Japan's Bitbank to set up a custody firm to facilitate institutional entry to local markets
In a new development for East Asia, Japanese crypto exchange Bitbank announced a partnership with financial holding company Sumitomo Mitsui Trust Holdings with the goal of establishing Japan Digital Asset Trust (JADAT).
24.05 / 13:37
Blockchain
Digital
CEO
Banks and exchanges invest in digital securities market ADDX
Regulated by the Monetary Authority of Singapore, ADDX uses blockchain and smart contract technology to tokenise and fractionalise private market opportunities such as pre-IPO equity, private equity and hedge funds, as well as bonds, reducing minimum investment sizes from US$1 million to US$10,000. The new shareholders will partner with ADDX on specific projects that will help the exchange expand into new business areas, geographies or market segments.
24.05 / 13:35
Blockchain
Provident
Digital
CEO
Singapore-based ADDX Raises $58m in Pre-Series B Round
Digital securities token exchange ADDX raised $58 million in a Pre-Series B round on Tuesday.
24.05 / 12:05
business
Blockchain
Adoption
ADDX bags $58M to reduce min. private investment by 10x via smart contracts
ADDX, a blockchain and smart contract-based digital securities platform from Singapore raised $58 million from mainstream financial institutions to fund its goal of reducing minimum private investment sizes via tokenization and fractionalization.
24.05 / 11:55
business
Blockchain
Adoption
Bitcoin
Updates
WEF 2022, May 24: Latest updates from the Cointelegraph Davos team
Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top).
24.05 / 11:05
Blockchain
Altcoins
Terra
Terra 'Revival Plan 2' Set to Pass, But There is Still Confusion within Community
The Terra (LUNA) ecosystem "Revival Plan 2," the latest revival plan proposed by the Terraform Labs founder and CEO Do Kwon that was put to vote last week, is nearing its deadline and is set to be confirmed.
24.05 / 09:53
Blockchain
COST
HyperEarn Officially Opens Its Token IDO
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
24.05 / 09:49
Blockchain
cryptocurrency
Digital
NFTS
Future
What Future Holds For Non-Fungible Tokens?
This booming world of digital assets has opened up a new market.
24.05 / 09:45
Blockchain
Stablecoin
Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23
It’s been two weeks since the shock of the TerraUSD (UST) depegging, but the long waves of this event are still coming in. The Congressional Research Service described the UST crash as a “run-like” scenario and claimed that the crypto industry has not reached the same level of “adequate regulating” as the traditional finance market.
24.05 / 09:03
Blockchain
Stablecoin
Terra Luna
Luna Classic
Terra Classic
Luna
Terra aims to resurrect LUNA after clearing the rubble
Terra (LUNA) is headed to walk on the difficult path post the collapse, particularly after sweeping the rubble. The foundation is looking to sort the pieces into a block to rebuild the protocol. It is an opportune time for the regulators to look for a comprehensive stablecoin regulation, while the blockchain is in mea culpa followed by introspective solutions. On Terra’s governance proposal portal, 80 per cent of eligible token holders that voted are pushing to rebuild the protocol, minus the algorithmic component.
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