Blockchain Financial News
03.11 / 16:29
business
Blockchain
Adoption
Twitch
Crypto.com co-ops with esports host Twitch Rivals for global crypto outreach
Twitch Rivals, an esports tournament host featuring Twitch streamers and pro gamers, has onboarded crypto trading platform Crypto.com as a global marketing and cryptocurrency platform partner.
03.11 / 14:27
business
Blockchain
Space
Bitcoin
Moon
To the moon: Huobi wants to send someone to space for its 8th birthday
Huobi Group, a major global blockchain company behind the world’s third-largest cryptocurrency exchange by trading volume, is celebrating its eighth birthday in a somewhat unusual way.
03.11 / 13:57
Blockchain
Trading
investment platform
AI investment platform celebrating first anniversary holds a contest with $1M grand prize
Success stories of investors becoming millionaires overnight continue to circulate the internet, forcing those who haven’t thrown a few dollars into the cryptocurrency pot into deep feelings of regret. However, before any investor gets too down on themselves, consider this, selecting the right digital currency - the one that will make you rich - is a lot harder than it appears.
03.11 / 13:57
Blockchain
CBDC
Adoption
Over 140 million people have digital yuan accounts, says PBoC head
China’s trials with central bank digital currency (CBDC) show no signs of slowing down, as the updated numbers for October 2021 revealed at Hong Kong Fintech Week.
03.11 / 13:17
Blockchain
UPS
Digital
Goldman Sachs tokenization plans bear fruit with Digital Asset contract
Goldman Sachs strepped up its efforts in the crypto and blockchain space last year, making Mathew McDermott, a managing director at the bank, global head of digital assets and giving him the green light to double his team's headcount.At the time, McDermott said of his new beat: "In the next five to 10 years, you could see a financial system where all assets and liabilities are native to a blockchain, with all transactions natively happening on chain.
03.11 / 12:13
Blockchain
Law
Fraud
NOT
Connecticut jury finds crypto-related products are not securities
A Connecticut Jury has found that digital assets linked to cryptocurrencies are not securities in what a defense lawyer called a world-first verdict.
03.11 / 12:13
business
Blockchain
Asia
Australian
Blockchain forensics firm Chainalysis opens Australian office
Leading blockchain analytics firm Chainalysis is opening its first Australian office in Canberra, coinciding with the news it has partnered with the Commonwealth Bank on its plans to offer crypto trading to 6.5 million app users.
03.11 / 11:23
Blockchain
Digital
CEO
Gemini
services
Australia’s CBA first to offer retail crypto-services in the country
Australia’s Commonwealth Bank (CBA) is set to become the country’s first banking institution to allow its customers to buy, sell, and hold crypto-assets. On 3 November, the CBA announced strategic partnerships with global crypto-exchange Gemini and blockchain analysis firm Chainalysis.
03.11 / 08:53
Blockchain
NFT
solana
data
Solana secondary NFT sales reach half a billion in three months
Secondary sales volume for Solana (SOL) based nonfungible tokens (NFTs) has reached almost $500 million since the start of August.
03.11 / 07:48
Facebook
Blockchain
Microsoft
Reddit
Updates
Microsoft muscles into the Metaverse with Teams updates and Xbox upgrades
U.S. tech giant Microsoft is taking the plunge into the Metaverse via updates to its Teams and Xbox gaming console services, along with a new product called “Dynamics 365 Connected Spaces.”
03.11 / 04:13
Blockchain
cryptocurrency
Crypto Exchange
AscendEX Lists Covalent (CQT)
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
02.11 / 22:15
Blockchain
Technology
NFT
NFT collection's price takes a nosedive as creator's racist cartoons circulate
The Jungle Freaks nonfungible token (NFT) collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media. The project is the brainchild of famed Hustler magazine cartoonist George Trosley and is curated by his son George III Trosley.
02.11 / 21:19
Blockchain
Assurant
Bitcoin
Singapore ready to ‘lead,’ when a crypto economy ‘takes off’
Ravi Menon, Managing Director of Monetary Authority of Singapore, revealed in an interview with Bloomberg that the nation-state wants to lead the crypto race.
02.11 / 21:19
Blockchain
Provident
Waves
Lowe's
ATH
Finally making an ATH, Polkadot must now cross these milestones on its way to $80
After three months of sustained rally with occasional speed breakers, Polkadot made an ATH of $51.59 ahead of its first parachain auctions getting approved. The parachain auctions had been in development throughout the year. The euphoria surrounding their 4 November launch seemed to be the main driving force behind the altcoin’s rally to a new all-time high. However, there was more to DOT’s rise than just that.
02.11 / 21:05
business
Blockchain
Technology
Adoption
Blockchain tech firms AllianceBlock and Flare integrate technologies to expand their DeFi ecosystems
AllianceBlock, a blockchain tech firm that seeks to bridge the gap between decentralized finance, or DeFi, and traditional finance, announced a partnership with fellow blockchain tech entity Flare.
02.11 / 19:43
Blockchain
Adoption
Cardano
Africa
network
Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets
In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021.
02.11 / 19:25
Blockchain
UPS
Binance
Fighting
Cardano v. Binance Coin – Why the battle for the third spot is still in the air
As is the case with every currency, asset, security, stock, metal, bank, and whatnot, the market is always in constant competition. Competition from powerful dominators, competition from emerging underdogs. There is no room for slowing down. And with cryptocurrencies, it’s much worse.
02.11 / 19:25
Blockchain
Ethereum
Binance
Luna
Ethereum is a ‘brand’ now, but can its DeFi ecosystem remain unmatched
The DeFi ecosystem has become a legitimate part of the crypto-ecosystem over the past year. It started as a yield farming experiment by Yearn Finance on Ethereum. However, very soon, multiple exchanges, lending, and payment protocols came into being from the decentralized finance segment.
02.11 / 18:05
Blockchain
Ethereum
defi
Bitcoin
businesses
end
A crypto processor is helping businesses and end-users adapt to digital currency usage
Businesses that don’t accept cryptocurrency as a payment method will quickly be left behind. Consumers are already talking about digital currencies worldwide, with current predictions estimated at around 300 million users.
02.11 / 17:47
Facebook
Blockchain
Adoption
Meta Platforms
“We are building for the metaverse” says Meta VP, Nick Clegg
Nick Clegg, Vice‑President for Global Affairs and Communications at Meta Platforms, spoke at Lisbon’s Web Summit 2021 during a panel on Facebook and innovation in Europe.
02.11 / 17:19
Blockchain
UPS
AXY
Decentraland
rebrand
Facebook’s ‘Meta’ rebrand and how it can affect MANA & other alts
MANA-mania swept the crypto-verse off of its feet after the token charted some unexpected gains on the back of Facebook’s ‘Meta’ rebrand. Decentraland, a decentralized 3-D virtual reality platform supported by the Ethereum blockchain, saw its native token MANA soar to an all-time high of $4.11 on 31 October.
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