Blockchain Financial News

21.11 / 20:57

Blockchain Ethereum Platform L2 L2 ecosystem crosses $5.5B in TVL thanks to Boba network’s 570% rise

Layer-1 and Layer-2 scaling solutions are two sides of the same crypto coin. Even though the former makes the base layer of a network, the latter (off-chain) plays a vital role. Mainly for protocol innovation and the ability to solve the bigger problems that the crypto community is facing. This paves a path for long-term success in the ecosystem.

21.11 / 20:33

business Blockchain regulation copyrights Just buy it: Nike wants to bring sneakerheads into the Metaverse

Look at your feet. A lot of you (raises hand) are wearing Nikes right now. For the fiscal year ending May 31, 2021, Nike reported its revenue was up 19% to $44.5 billion for the year. But that’s here. What about in the Metaverse?

21.11 / 19:35

Blockchain Technology education Monero What is Mimblewimble and how does it work?

Mimblewimble is a privacy-oriented decentralized protocol that uses a novel way of structuring and storing transactions on the blockchain. It was designed and introduced by an anonymous developer who went by the name Tom Elvis Jedusor, who was a French counterpart for “Voldemort” in mid-2016.

21.11 / 19:01

Blockchain Ethereum Digital Platform WEF report shows how blockchains are changing humanitarian aid

What is a humanitarian stablecoin? Well, definitions vary but it broadly refers to donations and aid made possible by fintech platforms and fiat pegged crypto. A humanitarian stablecoin could mean instant cross-border aid without a loss in value. This concept has the potential to change the way countries deal with disasters and conflict.

21.11 / 18:47

Blockchain Ethereum defi Auction How liquid staking disrupts parachain auctions on Polkadot

A crowd loan is a Polkadot (DOT) crowdsourcing event in Polkadot that allows the community to support project bids in upcoming parachain slot auctions. Users contribute DOT, receive rewards in project tokens and get their DOT back in two years (a standard slot lease duration). This mechanic helps projects raise substantial capital in DOT tokens that may even exceed a few hundred million in dollar notion value.

21.11 / 15:29

Blockchain Technology Adoption United Nations UN’s COP26 climate change goals include emerging tech and carbon taxes

In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.

21.11 / 12:09

Blockchain Adoption South America Bitcoin Training Venezuelans promised Axie Infinity scholarships for crypto training courses

A gubernatorial candidate from Venezuela has promised to offer scholarships for citizens interested to join the Technical Training Center for Mining and Administration of Digital Crypto Assets.

21.11 / 09:51

business Blockchain Adoption Bitcoin Backed El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds

El Salvador continues to lead the Bitcoin (BTC) adoption drive as President Nayib Bukele announces the launch of Bitcoin City, which will be funded initially by $1 billion Bitcoin bonds.

21.11 / 04:33

Blockchain Ripple XRP Action sec lawsuit XRP prices suppressed due to SEC lawsuit, strong fundamentals driving interest

Its been a hard year for Ripple, with the cryptocurrency and blockchain company facing legal action from the United States Securities and Exchange Commission along leading to many users and crypto companies in the country breaking their ties with the company. Despite these setbacks, Ripple seems to be more popular than ever, with its daily active addresses recently touching an all-time high.

20.11 / 23:35

Blockchain Technology defi DEX Decentralized exchanges aren’t ready for derivatives

If the words “derivatives trading” conjures up images of men in suits with disheveled white sleeves rolled up to the elbows and exacerbated expressions on their faces — like something out of The Big Short — then the word decentralized exchanges (DEXs) must conjure up, well, nothing.

20.11 / 18:53

Facebook Blockchain Adoption Amazon The three traits of Web 3.0 that fix what went wrong with today’s internet

Blockchain tech has come a long way. It wasn’t that long ago that crypto remained at the fringes, evangelized by a vocal minority. The narrative shifted once the COVID-19 pandemic pushed people into their homes with plenty of time to dive into new interests. Crypto benefited from the increased attention, entering everyday conversations among friends, family and colleagues.

20.11 / 14:41

Blockchain UPS Kraken Monero Regulatory compliance compliance regulatory Kraken to delist Monero, cites regulatory compliance issues in the UK

At a time when speculative joke-coins like Shiba Inu and Floki Inu are being listed by top exchanges, others are being delisted for issues regarding security and compliance. The world’s eighth-largest cryptocurrency exchange Kraken has dropped top privacy coin, Monero. They cited regulatory compliance as the reason behind the delisting.

20.11 / 13:11

Blockchain Adoption Bitcoin Foundry USA becomes second-largest Bitcoin mining pool amid China ban

New York-based crypto-mining service provider Foundry USA takes the lead to become the world’s second-largest Bitcoin (BTC) mining pool after taking up a 15.42% share of the network.

20.11 / 10:47

Blockchain Technology Ethereum security Multichain Building multichain is a new necessity for DeFi products

At present, your DeFi product needs to be multichain to be competitive — this is the hard (and exciting) truth of 2021. Whether you’re building a wallet, a lending service or a DeFi game, your target audience knows that there is more to the crypto space than Ethereum. And they expect you to provide the best of all worlds.

20.11 / 05:05

Blockchain cryptocurrency Crypto Policy Ruling South Korean Party Makes Pro-Crypto Policy U-Turn

The head of the ruling Democratic Party in South Korea has promised to make a dramatic U-turn on crypto policy, claiming that “the time has come” for the government to stop regulating crypto and start “fostering” the industry.

20.11 / 00:27

business Blockchain Technology Kraken end Customers Kraken to delist Monero for UK customers by the end of November

In an email quoted by Reddit users, Kraken, the world's eight largest cryptocurrency exchange by trading volume, announced it would be delisting privacy coin Monero (XMR) in compliance with regulations in the United Kingdom. The platform will cease all XMR trading activities, set XMR wallets to withdraw-only, and force-liquidate any existing XMR margin positions after the 26th of November.

19.11 / 23:49

Blockchain Technology Adoption Real Estate Bloktopia co-founder aspires to build a metaverse with ‘hundreds of the best crypto projects’

Bloktopia is a virtual skyscraper in the Metaverse comprised of 21 levels, designed to pay homage to the 21 million total maximum supply of Bitcoin (BTC). Owners of its BLOK tokens will be known as Bloktopians. Users will be able to buy and sell nonfungible tokens (NFTs), purchase digital ad venues, own real estate and more in the Bloktopia virtual reality. Meanwhile, Bloktopians can also earn revenue by selling or leasing virtual property in the skyscraper to interested buyers.

19.11 / 22:07

business Blockchain Adoption Bitcoin Financial 'We are the number two crypto miner in the world, and we see practically no financial return,' says Kazakhstan President Tokayev

During a meeting with representatives of the financial sector on Friday in Almaty, Kassym-Jomart Tokayev, President of Kazakhstan, expressed his opinion on the current state of affairs of the country's cryptocurrency industry. The details of the speech were posted on the official website of the President of the Republic of Kazakhstan, and translated by Cointelegraph:

19.11 / 21:03

Blockchain Adoption defi IOTA Finance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.

19.11 / 20:35

Blockchain Binance Sustainability Binance pioneers ESG practices to provide users opportunities for sustainable trading

The COVID-19 pandemic badly affected businesses, societies and everything that is close to people’s lives. Lockdowns, travel restrictions and economic downturns have created many socio-economic problems such as higher unemployment rates, bankruptcy of small businesses and more. These problems are destabilizing for society, and it resulted in many people questioning, “how can we move forward in the best way possible?” while sustainability has become the buzzword.

19.11 / 19:29

Blockchain Bitcoin prices Bitcoin consolidation Cryptocurrency News Today: Crypto Market Indicators Suggest Near-Term Consolidation, Breather For Bitcoin

Cryptocurrency market indicators such as average bitcoin funding rates, inflows into crypto investment products and the ratio of old-to-new coins being sold suggest a near-term consolidation for the sector and lower odds of a year-end rally bitcoin bulls are predicting.

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