Blockchain Financial News
12.03 / 04:59
Blockchain
Adoption
proof-of-work
POW
Kadena price soars by 40% after new protocol launches and a major exchange listing
In bull and bear markets, the mantra for cryptocurrency projects that are focused on long-term sustainability is “always be building.”
12.03 / 03:25
Blockchain
NFT
Sport
Future
PwC report calls NFTs 'the future of digital assets in sports'
Nonfungible tokens, or NFTs, and digital assets are one of the ten major trends within the sports industry, according to the consultancy Price Waterhouse Coopers', or PwC, Sports Outlook 2022 report for North America. From altering sports technology infrastructure to driving fan engagement, the report lists three main use cases for NFTs and their likelihood to shape the future of sports.
12.03 / 01:57
business
Blockchain
Stablecoin
defi
donates
reserves
Terraform Labs donates $1.1B for Luna Foundation Guard's reserves
On Friday, Do Kwon, founder and CEO of Terraform Labs (TFL), which develops the blockchain ecosystem consisting of Terra Luna (LUNA) and the TerraUSD stablecoin (UST), announced that TFL had donated 12 million LUNA ($1.1 billion at the time of publication) to the Luna Foundation Guard (LFG). LFG launched in January to grow the Terra ecosystem and improve the sustainability of its stablecoins. Kwon noted the funds, denominated in LUNA, will be burned to mint UST to grow the LFG's reserves:
11.03 / 22:45
Blockchain
Ethereum
BLOCK
Bitcoin
DOT’s demand is sky-rocketing in hedge fund portfolios thanks to its…
Polkadot is currently the talk of the crypto town. The promising blockchain network, headed by Gavin Wood and Robert Hebermeier, garnered significant traction over the years.
11.03 / 21:33
business
Blockchain
Technology
defi
Fantom Foundation issues clarification statement about departure of Andre Cronje and Anton Nell
Recently, media outlet Rekt.news made striking accusations about Fantom Opera, a layer-2 Ethereum scaling solution, after the foundation’s technical adviser Andre Cronje and senior solutions architect Anton Nell announced they were leaving the crypto space entirely. Almost immediately, concerns from the community arose after Nell tweeted, “There are around ~25 apps and services that we are terminating on 03 April 2022.” In the now-deleted Rekt article, it alleged the following:
11.03 / 21:25
Blockchain
Provident
Binance
Platform
Meme Cake To Launch Marketplace Soon And Award 5 Lucky Winners With Icy Pete NFT
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
11.03 / 21:15
Blockchain
UPS
Ethereum
Provident
Guardians of Sumantria
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
11.03 / 19:41
Blockchain
Provident
Digital
Platform
The Outlook of Digital Assets
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
11.03 / 18:01
Blockchain
Digital
Metaverse
Crypto event in Dubai invites participants to collaborate on creation of digital token
Blockchain, cryptocurrencies and the metaverse are shaping how the world views money, finance and transactions of value in general. Although demonstrating a significant revolution in the fundamental way the world operates, understanding the technology's applicability on a personal basis is an entirely separate conversation.
11.03 / 17:19
Blockchain
Mobile
Pool
WMT
AstroSwap and World Mobile Join Forces to Further Connect Billions of People in Africa and Beyond
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
11.03 / 16:05
Blockchain
Adoption
defi
DEX
Celo foundation proposes to deploy Uniswap V3 on its native blockchain
A new community proposal was introduced in the Uniswap governance forum to deploy the protocol on the Celo blockchain, which is a mobile-first, carbon-negative and Ethereum Virtual Machine-compatible network.
11.03 / 14:07
business
Blockchain
Women
Women-led startup to help consumers monetize their data through blockchain
Web2 lets big tech companies collect consumer data without paying the people behind the statistics. However, the advent of Web3 technologies may change the way data is collected and let consumers get compensation for the information they share, according to the founders of Chain Collective, a Web3 startup that enables consumers to monetize their data using blockchain.
11.03 / 08:27
Blockchain
cryptocurrency
Digital
Crypto Brain Drain Is "Absolutely Crazy" In India, Says Polygon Co-Founder
Sandeep Nailwal co-founded Polygon in 2017.
11.03 / 07:53
business
Blockchain
defi
LA Token launches LACHAIN to bridge Ethereum-based networks
Crypto platform LA Token has become the latest exchange to launch its own blockchain with the LACHAIN network which it hopes will give its users access to decentralized finance (DeFi) products and a bridge between other networks.
11.03 / 07:53
Government
Blockchain
Adoption
Jamaican central bank to airdrop Jam-Dex CBDC to early adopters
The first 100,000 Jamaican citizens to use the country’s new central bank digital currency (CBDC) known as Jam-Dex, will be given a free $16 payment in the hopes of promoting widespread adoption.
11.03 / 06:39
business
Blockchain
API
Stripe
Support
Stripe announces fiat payment support for cryptocurrencies and NFTs
U.S.-based fintech giant Stripe has significantly ramped up its crypto initiatives after it launched a service that enables payments for NFTs and digital assets via fiat currency.
11.03 / 05:07
Blockchain
data
Chainalysis launches free sanctions screening tools
Blockchain-data analysis firm Chainalysis has announced the fast-tracked launch of two primary ‘sanctions screening’ tools that it will provide free of charge to the cryptocurrency industry.
11.03 / 05:07
Blockchain
Donations
Research
Princeton launches blockchain research initiative with $20M from crypto-alumni
Prestigious Princeton University has launched an initiative to study the "decentralization of societal power" through blockchain technology in an effort to explore the vast depths of it’s social capabilities.
11.03 / 01:31
Blockchain
Provident
BLOCK
Platform
Qenetex Innovative Solutions for Global Exchange and Security
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
11.03 / 01:01
Blockchain
Ethereum
Proof-of-stake
Ethereum's 'consensus layer' contract hits 10M ETH staked
Quantitative analysis conducted on popular blockchain site Etherscan, indicates that 184,441 transactions have been responsible for 10.2 million ETH staked into the Eth2 (consensus layer) deposit contract since inception on Nov 4th last year. This figure is equivalent to over $26 billion based upon current Ethereum prices.
11.03 / 01:01
markets
Blockchain
Ethereum
Polygon
Drop
L2
ATH
Polygon’s focus on building L2 infrastructure outweighs MATIC’s 50% drop from ATH
After a devastating 50% correction between Dec. 25 and Jan. 25, Polygon (MATIC) has been struggling to sustain the $1.40 support. While some argue this top-15 coin has merely adjusted after a 16,200% gain in 2021, others point to competing scaling solutions growth.
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