Blockchain Financial News

07.11 / 12:27

Blockchain BLOCK VeChain’s new consensus method might have this effect on VET

In this bull market, most altcoins are benefiting from the broader market’s movement. However, VeChain has been precipitating its own rally thanks to the arrival of its long-awaited update. Even though this altcoin is still far away from its all-time high, could this be the necessary trigger or will it just be more hype?

07.11 / 12:27

Blockchain Ethereum JPMorgan Bitcoin analysts Here’s why JP Morgan analysts recommend Ethereum over Bitcoin

The rivalry between the top two cryptocurrencies, Bitcoin and Ether, has been messy and long drawn out. And this has presented an omnipresent dilemma for potential investors.

07.11 / 12:15

Blockchain Stablecoin Adoption Regulators are coming for stablecoins, but what should they start with?

The word “stablecoin” may have a pleasant ring to it — isn’t it nice to have something stable in the volatile cryptoverse? — but for critics, they are nothing short of a ticking time bomb. Whether that’s true or not, the push for regulating stablecoins is gaining momentum.

06.11 / 23:03

Blockchain Technology Ethereum Adoption DeFi can be 100 times larger than today in 5 years

Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has grown by leaps and bounds since the Ethereum network went live in July 2015, with Ethereum network transactions growing by 33x to 1.2 million per day currently, and blockchain transactions would exceed millions per day if other chains were included.

06.11 / 21:35

Blockchain Ethereum Platform Remark Fantom displays ‘significantly strong’ fundamentals, may see 2x to 3x rise

Ethereum has become one of the most successful and best-performing cryptocurrencies of the last few years. However, many of these “Ethereum killers” have gained traction in the past few months.

06.11 / 20:19

Blockchain Ethereum Ripple interview 'Overtime, we will see the NFT market broaden,' says Ripple’s CTO David Schwartz

Nonfungible tokens, or NFTs, have been dominating the crypto market this year. With sales topping over $2.5 billion during the first half of 2021, it shouldn’t come as a surprise that both the crypto community and mainstream creators are launching NFTs in hopes of driving revenue and engagement. The rise of the Metaverse has also pushed the adoption of NFTs, demonstrating the value of nonfungibles for major brands and social media platforms alike.

06.11 / 19:57

Blockchain AXY Platform Infinity Newly launched DEX, Katana by Axie Infinity, already among top DeFi apps

Axie — which is at the forefront of the “GameFi” trend — has already generated more than $2.5 billion in trading volume. According toDappRadar, 51,000daily active wallets (last March) were connected to gaming-related contracts in the blockchain ecosystem.

06.11 / 18:31

Blockchain cryptocurrency Digital NFT Future More Indians join NFT gold rush; experts warn of legal pitfalls, uncertain future

“In the last 3-4 months, I have invested in a minimum of 4-5 NFTs (non-fungible tokens). One of them being hashtags, #. I blocked a few #s like #car, #fashion and so if anyone uses these tags online, each time I earn something in a cryptocurrency,” said Maeraj Shaikh, a Mumbai-based architect and crypto educator. When he bought these hashtags, it cost him $200. They are now worth $350.

06.11 / 18:01

business Facebook Blockchain censorship The Metaverse: Will it be a decentralized haven or a centralized tyranny?

Last week, Facebook rebranded to Meta and announced its plans to kickstart the development of the Metaverse — an entirely new way of interacting and navigating the internet. Now, the Metaverse landscape has a multi-billion dollar corporate behemoth vying for the helm, which has made its future all the more uncertain.

06.11 / 15:19

Blockchain Ethereum Binance Wormhole reveals first monthly stats and a new chain in its ecosystem

Interoperability is the word of the day and many blockchains have caught on to the trend. In October and November, the Wormhole protocol was especially active, connecting chains and making it possible for tokens and NFTs to travel through diverse crypto ecosystems.

06.11 / 14:45

business Blockchain Ethereum Reddit Reddit to reportedly tokenize karma points and onboard 500M new users

American social media giant, Reddit, may soon convert users’ karma points into Ethereum-based (ERC-20) tokens and onboard 500 million new crypto users in the process, according to a newly hired Reddit engineer.

06.11 / 13:35

Blockchain Digital Platform Bitcoin reports Q3 CoinShares reports stellar Q3 on the back of larger crypto market strength

CoinShares Group announced the third-quarter interim results for 2021. And for the first time, the company claimed to have achieved such a strong Q3.

06.11 / 12:05

Blockchain Technology Ethereum Twitter An inside look at the moral and technical considerations of crypto social media

Following Vitalik Buterin’s call for more social application use cases on Ethereum earlier this summer, multiple crypto companies voiced intentions to build decentralized versions of mainstream social networks like Twitter. However, to create and view crypto-centered social platforms as merely decentralized versions of Twitter is shortsighted.

06.11 / 03:47

Blockchain CEO Platform Remark Surpassing 7 million NFTs in storage, the ‘pace is only accelerating’ for Filecoin

The creation and sale of NFTs have turned out to be a lucrative segment of the cryptocurrency industry. Notably, several of these tokens are valued at millions of dollars, and buyers are scrambling to get a hold of original pieces.

06.11 / 01:31

markets Blockchain Adoption Supply Chain Altcoin Roundup: 3 blockchain protocols taking the supply chain crisis head-on

The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a simple means of exchange between two parties to a sprawling ecosystem full of protocols with real-world applications ranging from decentralized finance to one-of-a-kind digital art.

06.11 / 01:19

Blockchain COST Bitcoin Laos expects crypto mining to deliver these gains

One relatively more affordable place to mine Bitcoin in Asia (excluding China) is Laos, thanks to its hydroelectric potential and electricity prices. What’s more, the landlocked country with a population of 7,416,475 seems to be realizing this too.

06.11 / 00:49

business Blockchain Ethereum Adoption Polygon Blockchain Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain

Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migrated its equity-tied EGX security tokens to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra tokenized 100% of its equity, enabling shareholders to digitally exercise their dividend, voting and governance rights. Both the initial tokenization and token migration were facilitated by Tokeny, an asset tokenization and compliance infrastructure provider.

06.11 / 00:49

business Blockchain Investments Risk monitoring firm Solidus Labs completes $15M strategic round

Market surveillance firm Solidus Labs completed a $15 million strategic round led by Liberty City Ventures on Friday. GSR and Exor Seeds also participated in the financing. This follows the company's $20 million Series A that concluded in May. Solidus' investors also include former CFTC Chair Christopher Giancarlo and former SEC commissioner Troy Paredes.

06.11 / 00:23

Government Blockchain Stablecoin Bitcoin Acting CoC Hsu: More crypto regulation is needed

In remarks given at the American Fintech Council’s 2021 Policy Summit, acting Comptroller of the Currency Michael J Hsu called for greater regulation of universal crypto firms.

06.11 / 00:23

Blockchain Technology Conference privacy Cosmoverse Conference 2021 kicks off in Lisbon

The team behind interoperable blockchain network Cosmos (ATOM) recently hosted the Cosmoverse Conference live from Lisbon, Portugal.

05.11 / 21:19

Blockchain AXY Infinity Are blockchain gaming, ‘meta-mania’ quietly pumping Bitcoin

This year has been an example of Bitcoin’s hypersensitivity to the larger market and macro trends. The larger sentiment, macro factors have also aided BTC’s rally and helped the larger market flourish.

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