Blockchain Financial News

04.11 / 16:51

Blockchain Adoption NFT Bluzelle launches mainnet decentralized storage for NFT content

Bluzelle, a decentralized storage network, has announced the release of its mainnet R2 file storage system designed to enhance the decentralization of nonfungible tokens (NFT) and their corresponding data.

04.11 / 16:29

business Blockchain Investments Bitcoin Kevin Durant’s new SPAC firm to focus on crypto and blockchain

Kevin Durant, a two-time NBA champion, has launched a special purpose acquisition company (SPAC) to look at collaborating with technology-driven businesses, including cryptocurrency enterprises. The firm was established in conjunction with Durant's business associate Rich Kleiman.

04.11 / 15:45

Blockchain Adoption Funding Enjin wants to decentralize its metaverse with new $100M fund

Blockchain gaming platform Enjin is establishing a new fund to support the development of the metaverse ecosystem and make it more decentralized.

04.11 / 14:49

Blockchain Trading expansion Blockchain-based exchange prepped for global expansion with region-specific offerings

Crypto investors are encouraged to maintain a minimal level of wariness when using large centralized platforms, a recommendation is given by industry analysts who are aware of these players’ main priority being increased market share.

04.11 / 14:29

Blockchain Adoption Bitcoin Iran Blockchain Association head calls for special council on crypto laws

According to Iran’s main blockchain organization, authorities have been remiss in their enforcement of cryptocurrency laws. The association is concerned about the government’s inactivity, offering its help to regulators that it feels are inadequately prepared to handle such a challenging task.

04.11 / 13:53

Blockchain Binance CEO Platform Binance launches $116M initiative to accelerate crypto-adoption in France

Binance, the world’s leading blockchain ecosystem and cryptocurrency platform, has been in the news for many reasons. Despite a few regulatory hiccups, the platform continues to take initiatives to accelerate the adoption of digital assets and blockchain technology.

04.11 / 12:51

business Blockchain Binance Binance to spend $115M in France to develop European crypto ecosystem

Global crypto exchange Binance is starting a 100 million euro ($115 million) initiative to develop the blockchain and crypto ecosystem in French and Europe, Binance CEO Changpeng “CZ” Zhao announced in a talk with French Minister Cédric O at the French Ministry of Finance in Paris.

04.11 / 12:27

Blockchain Provident Digital Bitcoin HK week HK FinTech Week: Understanding Misconceptions on Cryptocurrency

In Hong Kong, the FinTech Week 2021, which launched on November 1, hosted a seminar on misconceptions about cryptocurrencies titled «Crypto in 2021: Misconceptions, Lessons & Opportunities Ahead» on Wednesday, November 3.

04.11 / 12:23

Blockchain UPS Digital Action DeFi — the ‘Wild West’ of crypto — is next on regulators’ hit list

The fast-growing decentralized finance industry could be about to get a rude awakening.

04.11 / 06:49

Blockchain NFT Cointelegraph NFT Nifty News: FTX and Wildcats' basketball NFTs, WeMeta’s $1.1M funding, Zed Run’s Netflix tie-in

The University of Kentucky has entered into a sponsorship agreement with FTX.US for the men’s Wildcats basketball team to act as brand ambassadors.

04.11 / 06:11

Blockchain Altcoin Charity Bitcoin crypto donations The Giving Block launches 15 new funds to direct crypto donations by cause

Cryptocurrency charity platform The Giving Block has announced the launch of 15 new 'Cause Funds' to better direct donations to charities with similar goals and missions.

04.11 / 05:21

Blockchain Ethereum Twitter 500 Solana secondary NFT sales hit nearly $500 million in three months

The crypto industry has introduced many promising projects to the users, and one of the projects that witnessed tremendous growth over the past year is Solana.

04.11 / 01:12

Government Blockchain ETF SEC Sec Chair Spot ETFs Congressmen Emmer & Soto to SEC Chair Gensler: We want BTC Spot ETFs

Congressmen Todd Emmer and Darren Soto sent a bipartisan letter to Securities & Exchange Commission Chair Gary Gensler on Wednesday, strongly questioning why the agency has denied approval for the creation of a Bitcoin spot ETF while allowing Bitcoin Futures ETFs to begin trading.

04.11 / 00:11

Blockchain Technology economics Monster-battle NFT game Axie Infinity soars in popularity among developing nations

It's no secret that video-game streaming platforms, such as Twitch, have made it possible for players to earn money by broadcasting their gaming experience to an audience of gaming enthusiasts. But now, the tokenomics of blockchain-powered digital games like Axie Infinity have made it possible for users to make money by simply playing the game. At time of publication, Axie Infinity has over 360,000 concurrent players.

03.11 / 23:23

Blockchain Twitter Bitcoin Here’s how today’s millennials are seeing Bitcoin and cryptos

In a recent report, JMP Securities claimed that the crypto-economy could represent the “greatest innovation of our lifetime.” In fact, analysts Devin Ryan and Brian McKenna also predicted,

03.11 / 22:25

business Blockchain Fraud ICO EOS community ramps up battle for organization control against former developer Block.one

Members of the EOS ecosystem, a blockchain designed to power decentralized applications, or DApps, are voicing their dissatisfaction with former developer Block.one. As a result, they have formed their own organization and elected new leadership in an effort to revamp the network.

03.11 / 21:49

Blockchain cryptocurrency Crypto Exchange Phaeton Goes Into Partnerships to Foster Goals Achievement

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

03.11 / 21:13

Government Blockchain Adoption resolution US Senator submits resolution too allow crypto payments in US Capitol Complex

U.S. Republican Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located within the Capitol complex.

03.11 / 20:07

Blockchain Ethereum Ripple SEC wXRP to launch on the Ethereum blockchain in December

If all goes to plan, Wrapped XRP (wXRP) will be coming to the Ethereum (ETH) blockchain next month, courtesy of Wrapped.com. The move is meant to enable XRP holders to interact with aspects of decentralized finance, or DeFi, such as executing smart contracts for use in borrowing and lending, swapping for altcoins, via their native tokens. Currently, the network can only handle sending, receiving, and holding XRP.

03.11 / 18:48

Blockchain defi hacks Cointelegraph Consulting Cointelegraph Consulting: Recounting 2021’s biggest DeFi hacking incidents

Compound Finance is just one of the latest victims of DeFi hacking incidents in 2021. On Sept. 30, its errant token distribution bug within the Proposal 062 exposed a flaw in which $70 million–$85 million in excess COMP tokens were wrongly distributed to users.

03.11 / 18:46

Blockchain Stablecoin Adoption regulation Stablecoins report: SEC won’t lead regulation, Congress urged to act

On Nov. 1, the United States President’s Working Group on Financial Markets (PWG) released its long-anticipated report and policy recommendations on stablecoins. The document’s main focus is on prudential risks that “payment stablecoins” — or those meant to maintain a stable value against a reference fiat currency — could pose to users and financial stability.

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