Blockchain Financial News

28.01 / 18:39

Blockchain Platform Oracle Reserve Lending Platform Celsius latest to integrate Chainlink’s Proof of Reserve system

Decentralized oracle network Chainlink evidently had a great run in 2021, much like a lot of the leading decentralized finance (DeFi) applications. Its many partnerships over the past year have made it one of the most integrated networks in the space, with over 700 oracle networks, and it is showing no signs of stopping.

28.01 / 16:33

Blockchain UPS CEO Bitcoin Support Here’s the reason behind Texas Governor’s decision support to Bitcoin mining ops

China’s ban on cryptocurrency mining forced Bitcoin entrepreneurs to flee overseas. Many were heading to Texas, which is quickly becoming the next global cryptocurrency capital. Different executives within this region have opened their paths to allow Bitcoin miners to shift and operate here. Having said that, Bitcoin mining criticized for its energy-intensive operations.

28.01 / 16:11

business Blockchain Payments Google Google Cloud Google Cloud ramps up blockchain efforts by launching digital assets team

Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations.

28.01 / 13:29

Blockchain Digital Platform coinbase Wharton Accepts Cryptos as Tuition Fees for Blockchain Courses

The Wharton School, a premier business school at the University of Pennsylvania in the United States, officially accepts cryptocurrency as a payment method for blockchain courses through Coinbase exchange.

28.01 / 13:29

Blockchain Provident Reuters Digital valuation Fireblocks Raises $500M, Taking Valuation to $8B

Digital asset infrastructure provider Fireblocks said that it has raised $500 million from investors, which lifted the company’s value to $8 billion.

28.01 / 13:29

Blockchain Provident Digital Bitcoin NOT Rising Adoption of Crypto Will Not Gurantee Increase Prices: Goldman Sachs

Goldman Sachs Group Inc. voiced concern about cryptocurrency, saying investors should not be easily convinced about the narrative that a rise in the adoption of digital currencies will lead to higher prices.

28.01 / 12:59

Blockchain Digital Google Bitcoin Google Cloud Google Cloud reveals DeFi ambitions with new Digital Assets Team

The announcement reads that through this new team, Google Cloud will be better placed to “support customers’ needs in building, transacting, storing value, and deploying new products on blockchain-based platforms.” Building business around blockchain applications would position Google Cloud to leverage the fast-growing momentum behind decentralised-finance (DeFi) opportunities in the cryptocurrency market. Citing blockchain and distributed-ledger-based technologies such as Hedera, Theta Labs, and Dapper Labs as companies which have already built on top of Google Cloud, the release adds that the Digital Assets Team will undertake a number of initiatives in the short and long term, including:

28.01 / 12:34

Blockchain CBDC Payments Chinese food delivery giant joins CBDC efforts

China’s food delivery giant Meituan has become the latest tech firm to integrate central bank digital currency (CBDC) payments for its services.

28.01 / 12:34

Blockchain defi DEX Internet First DEX on Internet Computer launches, others coming soon

The first decentralized exchange on the Dfinity Foundation’s Internet Computer blockchain went live this week, following up on the recent release of a new whitepaper. And according to information shared with Cointelegraph, there are already two other exchanges in the works.

28.01 / 10:11

Blockchain NFTS From Pro Kabaddi League to IPL, how blockchain has taken the sports industry by storm

National Football League (NFL) and Major Baseball League (MBL), blockchain-based applications have started making a buzz among sports enthusiasts and hardcore fans. All geographies with a massive pro-sports population have one thing in common — instrumental usage of blockchain technology. Starting from fan tokens or digital trading cards and collectibles backed by non-fungible tokens (NFTs) to promoting blockchain-based ticketing systems and decentralising the sports ecosystem, the traditional sports world is transforming slowly but surely, and blockchain is at the centre of it all.

28.01 / 01:17

Blockchain Technology Adoption Cardano network NOT Cardano network at record capacity due to SundaeSwap launch, but not all users hail it as a success

According to both Cardano Blockchain Insight and pool.pm, the Cardano (ADA) network has maintained record capacity for nearly two weeks due to the launch of decentralized exchange, or DEX, SundaeSwap, the first of its kind to go live on Cardano. At the same time, the total value locked for the ADA blockchain reached a record of approximately $80 million, despite the recent fall in the token's price from the ongoing down market.

28.01 / 01:17

Blockchain Technology Ethereum Adoption Vitalik Buterin suggests making NFTs 'soulbound' like World of Warcraft items

In a blog post published Wednesday, Vitalik Buterin, co-founder of Ethereum (ETH), expressed his wishes to make nonfungible tokens, or NFTs, soulbound as with the namesake item class in popular MMORPG World of Warcraft, or WoW. In outlining his reasons, Buterin explained that if someone shows they own an NFT that is obtainable by doing X, such as attending an auction, it is not possible to tell if the person actually obtained it from the auction themselves in attendance or simply bought the NFT via the secondary market.

28.01 / 01:17

business Blockchain Stablecoin Adoption Terra Luna Borrowing reserves Anchor protocol's reserves head toward depletion due to lack of borrowing demand

Anchor, the flagship savings protocol of the Terra Luna (LUNA) ecosystem, has seen its reserves decline by 35.7% in the past seven days, according to Terra.Engineer. Since the beginning of December, the amount of Terra USD Stablecoin (UST) held in the "terra1tmnqgvg567ypvsvk6rwsga3srp7e3lg6u0elp8" smart contract has declined by over 50%, with only $35.7 million remaining.

28.01 / 00:37

Blockchain Technology Adoption Gaming Sky Mavis Axie Infinity devs release governance token for Ronin Blockchain to mixed player response

On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participating in community proposals.

27.01 / 23:21

Blockchain NFT privacy Marketplace This proof of concept NFT can swipe unsuspecting users' IP addresses

Both OpenSea and Metamask have logged cases of IP address leaks associated with transferring nonfungible tokens (NFTs), according to researchers at Convex Labs and OMNIA protocol.

27.01 / 22:13

Blockchain Technology NFT Community-driven NFT project leads with an immersive experience and extensive storytelling

Storytelling is a part of being human. Once originating in cave paintings and oral stories around the fire, and later evolving to radio, internet and now entire brands leading the world by an account that rallies real passion and like-minded communities into cult status. With the power of the story running so deep, it is no wonder that the growing popularity behind nonfungible tokens (NFTs) seeks the same path for project differentiation.

27.01 / 19:55

Blockchain Provident Twitter Platform An In-depth Look at the Platform Integrating Non-fungible Tokens (NFTs) on Twitter

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

27.01 / 18:47

Blockchain Altcoin Cointelegraph Consulting Terraform Labs Cointelegraph Consulting: The bigger role of LUNA in Terra

In an interview, Do Kwon, co-founder and CEO of Terraform Labs, said that Terra’s ecosystem was built with several use cases such as savings, payments, investments and others that leverage its stablecoin assets. The previous Market Insights newsletter tackled Terra’s ecosystem growth in 2021 and how it got to hundreds of decentralized applications from just two at the beginning of last year.

27.01 / 18:03

Blockchain NFT Tokens DAO Earth Earth replica changes how metaverse projects operate by eliminating the middleman

The world is currently facing a once-in-a-lifetime race to define the metaverse, characterized by large corporations attempting to be the first to make the virtual world accessible to the masses. While these companies are at an advantage already having well-established communities, they are centralized and therefore lack compatibility with the blockchain technology that enables these kinds of interactions.

27.01 / 18:03

Blockchain Adoption Bitcoin Around El Salvador in 45 days: A Bitcoin-only travel story

El Salvador adopted Bitcoin (BTC) as legal tender over four months ago on Sept. 7, 2021. Bitcoiners around the world have been watching with intent as the president of El Salvador, Nayib Bukele, attempts to “orange-pill” an entire nation.

27.01 / 17:09

business Government Blockchain Bitcoin Crypto industry seems willing to adopt FATF travel rule: Survey

The cryptocurrency industry is eager to comply with the Financial Action Task Force's (FATF) so-called Travel Rule, and appears willing to work with regulators in order to expedite the process, a new survey found.

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