Technology Financial News
20.07 / 17:21
Blockchain
Technology
Adoption
Religion
Frontier
NFT and Islamic education: A new frontier to teach religion?
The world is in the midst of a digital revolution and with it, the way we think about value is shifting. The application of nonfungible tokens (NFTs) to represent and transmit religious values and principles is one of the most fascinating manifestations of this new perspective.
20.07 / 15:03
Blockchain
Technology
Adoption
Human protocol introduces new blockchain coordination layer for data contribution
On Thursday, decentralized infrastructure project Human Protocol said it was launching a new blockchain coordination layer to handle routing functionality among third-party vendors to power data contribution on the network. The feature, known as Routing Protocol, sits atop Human to enable the discovery of network generators, fee agreements, consensus job standards, proof of balance, and governance support for network upgrades.
20.07 / 15:03
Blockchain
Technology
Adoption
Human protocol introduces blockchain coordination layer for data contribution
On Thursday, decentralized infrastructure project Human Protocol said it was launching a new blockchain coordination layer to handle routing functionality among third-party vendors to power data contribution on the network. The feature, known as Routing Protocol, sits atop Human to enable the discovery of network generators, fee agreements, consensus job standards, proof of balance, and governance support for network upgrades.
20.07 / 14:13
Technology
European Union
Heatwave
Video
Russian President Vladimir Putin was left awkwardly waiting and fidgeting by Turkish counterpart Tayyip Erdogan ahead of talks in Tehran on Tuesday.
20.07 / 14:13
Technology
European Union
Heatwave
EU must cut gas use by 15% this winter over Russian disruption fears, Commission says
The European Commission urged member states on Wednesday to reduce their gas use by 15% from August 1 of this year until 31 March 2023 to ensure they can cope in the event of a total gas cut-off from Russia.
20.07 / 12:03
Technology
Ethereum
Adoption
Bitcoin
What are crypto faucets and how do they work?
On blockchains like the Ethereum Mainnet, fees represented in the blockchain's cryptocurrency units must be paid for transactions to be performed and recorded. From exchanges, one can purchase Ether (ETH), the native cryptocurrency of the Ethereum blockchain, and pay the transaction costs. However, alternative Ether distribution mechanisms are utilized on test networks like Rinkeby and scientific research blockchains like Bloxberg.
20.07 / 01:07
business
Blockchain
Technology
Ethereum
ENS domain
Amazon.eth ENS domain owner disregards 1M USDC buyout offer on Opensea
On Tuesday, the Ethereum Name Service, or ENS, domain Amazon.eth received an offer for 1 million USDC (a stablecoin pegged to the U.S. dollar) from an anonymous wallet address on OpenSea. The offer to buy the ENS domain went unanswered however, and no transaction took place. This is despite the last sale of the domain name being five months ago for 33 Ether (worth around $100,000 at that time).
19.07 / 18:39
Technology
Adoption
remittances
Bitcoin
Technicals suggest Bitcoin is still far from ideal for daily payments
It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to “digital gold.” And, while that may be the dominant narrative surrounding the asset, it is worth noting that in recent years the flagship crypto’s use as a medium of exchange has been on the rise.
19.07 / 16:47
Blockchain
Technology
defi
What is Enjin (ENJ) and how does it work?
With blockchain-based nonfungible tokens (NFTs) powering the rise of Web3, a number of NFT-based projects are gaining significant importance, as they provide the technological means of assembling important data on blockchains in a visually appealing manner.
19.07 / 12:59
business
Technology
World
Bitcoin
Crypto Whale
Crypto whale watching: Why investors should track them to generate profit
Imagine swimming alongside a whale in the middle of an ocean — the experience can be reassuring or frightening, depending on your proficiency at swimming and your comfort with the largest mammal on earth. Now, apply the same concept to the crypto world and you’ll get the picture of what it could mean to follow the crypto whale.
19.07 / 08:41
business
Technology
Art
Christie’s rolls out its first venture capital fund as VC makes debut bet on LayerZero Labs
Art and luxury auction house Christie’s on July 18 announced that it is launching its first venture capital fund called Christie’s Ventures which will invest in emerging technology and fintech solutions relevant to the art market.
18.07 / 19:49
Blockchain
Technology
Asia
events
Eight-day hackathon planned at one of Asia's biggest blockchain events
One of Asia's biggest blockchain events is due to take place within weeks — and it's going to feature an eight-day hackathon.
18.07 / 11:35
business
Technology
cryptocurrency
World
Crypto investors: How to prevent the rug being pulled from under you
Blockchain technology brought together the security of cryptography and the accessibility of the internet and promised to revolutionise the way the world transacts in finance. There would be no need for central banks and other intermediaries like banks and information would be stored securely, making it impossible for other users to add, delete or change.
17.07 / 09:29
Government
Blockchain
Technology
Environment
How blockchain technology is used to save the environment
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.
16.07 / 15:51
Blockchain
Technology
Adoption
regulation
Rethinking approaches to regulation of the Fourth Industrial Revolution
Mass adoption of technologies of the Fourth Industrial Revolution (4IR) potentially could trigger an even larger than projected transition to a new taxonomy of regulation concerning various fields of human life, including that of finance and the market itself. New technologies are enabling new concepts, systems and frameworks, such as driverless cars, drone postal deliveries and central bank digital currencies (CBDC). In the foreseeable future, the role of technology in our society would be exceeding the boundaries of an elementary subsystem, where its regulation would be designated to the stakeholders or the market itself.
16.07 / 09:11
Blockchain
Technology
Charity
Donations
Frontier
The new philanthropic frontier: How Web3 could democratize donations
A merge between crypto and philanthropy is already underway as decentralized autonomous organizations (DAO) and nonfungible token artists alike fundraise and donate crypto to nonprofits. But what does the age-old institution of philanthropy have to learn from emerging technologies in the crypto space? Additionally, what does crypto have to offer philanthropy that could improve the sector generally?
16.07 / 05:29
Blockchain
Technology
Adoption
Internet
The creator economy: How we arrived there and why we need its Web3 upgrade
Does the term “creator economy” make you think of some idealistic environment where creativity, authenticity and passion are key values? Where true Michelangelos and da Vincis drive progress through their talents without struggling for food and proving themselves all their lives to get a chance to be recognized posthumously? If so, I’m with you.
15.07 / 20:03
Blockchain
Technology
Environment
Bitcoin
Q&A: This project says it runs solely on sustainable energy — how?
The energy use and sustainability of blockchain technology is a burning topic. But some projects are seeking to ensure their activities are eco-friendly — all while giving environmentally conscious consumers an option to go green.
15.07 / 10:35
business
Technology
Killing
Biden to meet with Saudi Arabia leaders despite Khashoggi killing criticism
President Joe Biden will discuss energy supply, human rights, and security cooperation in Saudi Arabia on Friday on a trip designed to restart the US relationship with a country he once pledged to make a "pariah" on the world stage.
14.07 / 21:01
business
Blockchain
Technology
More than 2.6 million users signed up for the City of Shenzhen's digital yuan airdrop
According to data obtained from local news outlet Sohu.com, the Shenzhen Chamber of Commerce has recorded over 2.6 million signups for its latest digital yuan, or e-CNY, airdrop. Two months prior, the City of Shenzhen announced that it would be airdropping 30 million of the e-CNY central bank digital currency, or CBDC, to local residents to stimulate consumer spending as a recovery measure to the country's strict coronavirus lockdown.
14.07 / 19:59
Technology
Ethereum
Adoption
Bitcoin
Why is there so much uncertainty in the crypto market right now? | Market Talks with Crypto Jebb and Crypto Wendy O
In the fourth episode of Market Talks, we welcome YouTube media creator and crypto educator Crypto Wendy O.
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