Blockchain Financial News

19.11 / 18:09

Blockchain NFT defi Gaming Crypto Gaming Could Become Blockchain ‘Killer App’, Says Atari Exec

An Atari executive has hinted that crypto gaming scalability could one day eclipse all other blockchain technology-related activity combined – explaining that crypto games “could become a blockchain killer app” because “there are a lot more gamers than there are traders worldwide.”

19.11 / 16:23

business Blockchain Binance Bitcoin Binance.US aims for a ‘mega funding,’ reveals CZ

Binance CEO Changpeng Zhao revealed that the United States branch of worldwide crypto exchange, Binance.US, is expected to complete a funding round to raise a "couple hundred million."

19.11 / 16:23

Blockchain Platform DAO Game-changing freelance strategy leverages blockchain technology to remove the middleman in B2B and B2C engagements

Freelancers have taken an increasingly important role in society, providing many valuable skills for businesses and driving a significant portion of the economy’s growth. To bring these skilled laborers together with available projects are centralized platforms like Upwork and Fiverr, now hosting billions of dollars worth of contracts each year.

19.11 / 15:35

Blockchain cryptocurrency Money Crypto Crime Crypto crime is booming on DeFi platforms and has caused over €9 billion in losses this year

Fraud and theft at decentralised finance platforms has totalled $10.5 billion (€9.3 billion) so far this year, newly-published research showed on Thursday, laying bare the risks in the fast-growing but still mostly unregulated area of cryptocurrencies.

19.11 / 15:03

Blockchain CryptoExplainer Blockchain technology Bitcoin carbon markets Cryptocurrency News Today: What Is Blockchain Technology: Will It Help Improve Global Carbon Markets?

Blockchain technology may make it easier to track and report emission reductions

19.11 / 13:25

Blockchain Ethereum Binance Ethereum 2.0 Arbitrum One Binance opens layer-2 ETH deposits with Arbitrum One integration

Today, Binance announced the integration of the Arbitrum One core network and opened Ether (ETH) deposits on the Arbitrum One Layer 2.

19.11 / 13:19

Blockchain Large crypto players say no to new ads till rules are set

There would be no new ads from some of the large crypto players in India till new rules are set.

19.11 / 13:19

Blockchain Investment Bitcoin Don’t think anybody can say Bitcoin is a joke now: Morgan Housel

Morgan Housel has said that no one can call Bitcoin, the largest cryptocurrency in the world, “a joke anymore”. Speaking at a virtual event hosted by Motilal Oswal Asset Management earlier this week, Housel said that he himself may have thought of Bitcoin as a joke five years ago but does not think so anymore. “So many of the smartest people are devoting their life to making this work,” Housel said.

19.11 / 12:33

Blockchain Ethereum Aware Platform ConstitutionDAO Fails to Win the U.S. Constitution Copy on Sotheby’s Auction, after Raising Crowdfund $47M

On Thursday, the decentralised autonomous organisation ConstitutionDAO lost ownership by failing to win the bid for the printed copy of the U.S. Constitution at a Sotheby’s public auction. The Lot finally sold for $43.2 million by an autonomous bidder.

19.11 / 10:55

Blockchain Target Digital Platform Criminals have made off with over $10 billion in 'DeFi' scams and thefts this year

LONDON — Investors have lost billions of dollars to criminals targeting so-called «decentralized finance» platforms this year.

19.11 / 03:15

Blockchain Provident SEC DeFi fraud and theft losses reach $10.5 billion in 2021

According to the Elliptic report, the prevalence of DeFi theft and crime is largely due to the untested and immature nature of the technology available. Mistakes in the design and development of decentralized apps are the most common cause, giving rise to bugs which hackers can exploit, accounting for $10.8 billion of all losses.

19.11 / 00:55

Blockchain COST Digital Bitcoin Bitcoin's Taproot Upgrade: What You Should Know

Bitcoin (BTCUSD) recently implemented the most important upgrade on its network in the past four years. Termed Taproot, the upgrade is meant to streamline the processing of transactions and make them more efficient in speed and cost.The last change to the cryptocurrency's network ended in a «civil war» of sorts and resulted in the creation of bitcoin cash (BCSHUSD), a new cryptocurrency. However, the Taproot upgrade is not a contentious one.

19.11 / 00:53

Blockchain NFT virtual reality Metaverse Future NFT game powers new digital economy and the future of the metaverse

There have been many new applications of blockchain technology in recent years. However, many believe the best real-world use cases for this technology are yet to come.

19.11 / 00:53

business Blockchain Technology defi Financial ‘We want to build Minterest as a fairer financial system,’ says CEO Josh Rogers

Decentralized finance (DeFi) protocols have gained significant traction in the cryptocurrency sector, with a total value locked surpassing $271 billion, based on data from DefiLlama. One exceptionally popular category of DeFi services is that of decentralized borrowing and lending, where users can pledge their crypto as collateral and take out stablecoin loans (or vice versa) to pay for everyday expenses while their investment continues to grow.

18.11 / 23:01

business Blockchain Technology Adoption Acala wins first Polkadot parachain auction with over 32M DOT staked

On Thursday morning, Acala, a decentralized finance (DeFi) protocol operating on the Polkadot (DOT) network, announced it had won the first-ever Polkadot parachain auction.

18.11 / 21:15

Blockchain Mining information Canadian Bitcoin mining company now offers a bridge for the information and solutions gap in blockchain

Those unfamiliar with blockchain may be quick to assume that its uses are focused on financial services. However, this is only a single application of how the technology can help accelerate traditional business practices. Among other examples are the safe storage and transfer of records in the medical industry, providing transparency to records in the food supply chain and accelerated processing in the insurance industry, to name a few.

18.11 / 20:57

Blockchain Ethereum Digital Pool network Panther Protocol Partners with Songbird - Flare's Canary Network - to Accelerate Privacy Adoption in DeFi

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

18.11 / 18:03

Blockchain Provident Gap Novel payment solution provides world’s first crypto use case for charity subscriptions

Digital currencies have been on their way to taking their place as an alternative to traditional payments for a while now. But, one thing is stopping them. For these assets to become mainstream, they first need to provide real value to their users by meeting, at a minimum, the existing capabilities traditional currencies exhibit in the world today, and 8Pay is working exactly on that.

18.11 / 18:03

business Blockchain privacy Nym Technologies raises $13M to develop surveillance-evasion platform

European security startup Nym Technologies has announced a $13 million funding round coordinated by renowned crypto investor Andreessen Horowitz, or a16z, and further participated by a venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures, Hashkey and Fenbush.

18.11 / 17:50

Blockchain UPS BTC VeChain subverts market expectations, but what does it mean

Until a few weeks ago, VeChain’s price, amid anticipation for POA 2.0 Phase 1, seemed to register an independent rally. On 16 November, as VeChain’s first phase of the Proof of Authority (PoA) 2.0 SURFACE consensus algorithm went live, the market expected a similar upswing in price.

18.11 / 15:34

Blockchain Ethereum Deloitte Arrow ATH Binance.US to list Avalanche after yet another recent ATH

Binance.US has announced that it will now list Avalanche (AVAX) and soon allow deposits for trading. Open trading on AVAX/USD and AVAX/USDT pairs is set to commence on 18 November, as per a notice released by the exchange.

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