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GEM Digital commits $50M to ParallelChain Lab for L1 protocol development
22.9.2022
As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions
Indonesia Has Global Plans for Local Crypto Tokens
22.9.2022
The country sees the tokens as a way to boost its economy
Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance
22.9.2022
Flybondi, a low-cost Argentine airline, is introducing blockchain tech in its operations. The company announced recently it will start issuing tickets as non-fungible tokens (NFTs), broadening the possibilities of what customers can do with them. Users will be able to sell or transfer the tokens...
Jamie Dimon Attacks Crypto Tokens as ‘Decentralized Ponzi Scheme’ But He’s Happy With Regulated Stablecoins
22.9.2022
Jamie Dimon, the chairman and CEO of Wall Street investment bank JPMorgan, has taken another swing at cryptocurrencies, with a particular focus on bitcoin (BTC), telling the U.S. Congress that cryptos were “decentralized Ponzi schemes”. At the same time, Dimon said he accepts the added value...
Selling physical items as NFTs, explained
21.9.2022
A growing number of physical items are being immortalized in NFT form. What are the opportunities here... and the challenges that need to be addressed?
Blurring the line between crypto and TradFi could redefine global finance
21.9.2022
The merging of crypto and TradFi is inevitable, with the latter potentially mitigating the volatility permeating the digital asset industry
The Future of NFT Is EVT, the New Game Changer Token
20.9.2022
PRESS RELEASE. EVT (Encrypted Variable Token) is said to be the upgraded version of NFT (Non-Fungible Token) and will eventually replace NFT soon for creatives. Is this possible? Here is an insight into how the backbone tech of these tokens works. What is NFT? (Non-Fungible Token) A non-fungible...
Can the Metaverse exist without blockchain?
20.9.2022
Read this article to understand why a metaverse can thrive and scale better on blockchain rails
Roth IRAs: The ideal long-term cryptocurrency investment?
20.9.2022
Considering investing in cryptocurrencies for the long run? Roth IRAs and other tax advantages investment vehicles are worth considering
US Treasury Begins Public Consultation on How to Regulate Crypto
20.9.2022
The US Department of Treasury is seeking public opinion on the “responsible development of digital assets.” Its questions focus on a variety of crypto-related aspects, including decentralized finance (DeFi), non-fungible tokens (NFTs), mixers, virtual asset service providers (VASPs), and...
DeFi platform sees strong interest in halal-approved crypto products
20.9.2022
Navigating crypto is made more difficult for those with religious considerations and the founder of an Islamic law compliant DeFi platform has thousands of users seeking approved cryptocurrencies
SEC Orders Crypto Firm to Pay Harmed Investors $35 Million — Charges Influencer Ian Balina
20.9.2022
The U.S. Securities and Exchange Commission (SEC) has ordered crypto firm Sparkster and its CEO to pay $35 million into a fund for distribution to harmed investors. The securities regulator also charged crypto influencer Ian Balina for promoting crypto tokens without disclosing compensation...
Ethereum’s Merge Gave Birth to 2 Forks — Newly Launched Ethereumfair Gathers USD Value and Hashpower
18.9.2022
Following Ethereum’s Merge, a number of cryptocurrency community members have been discussing the proof-of-work (PoW) fork called ETHW as it dropped significantly in value during the past few days. However, a lot of people are unaware that there’s another Ethereum-based PoW fork...
Web3 Firm Acquires Creator of South Africa’s First Listed PoW Crypto, Safcoin
18.9.2022
A Web3 technology company, Virtual Nation Builders, recently said it acquired FHM, the firm that created safcoin, South Africa’s touted first proof-of-work cryptocurrency to list on a global exchange. As a result of the Web3 firm’s acquisition of FHM, the cryptocurrency will...
Grayscale Declares Distribution of Rights to Ethereum Proof-of-Work Tokens With SEC
17.9.2022
A Securities and Exchange Commission filing filed on September 16 shows that the company Grayscale Investments has declared “distribution of rights to Ethereum Proof of Work Tokens.” The newly launched ETHW blockchain went live on September 15 and roughly 50-60 terahash per second...
Beyond the NFT hype: The need for reimagining digital art’s value proposition
17.9.2022
The true potential of NFTs lies beyond profile pictures and art and into solving real-world use cases, implying the need for brainstorming fresh ideas
Binance Bungles Accounting for Helium Tokens, Overpays Clients Millions
16.9.2022
The Helium network has two tokens, HNT and MOBILE. Binance counted them as one, HNT, resulting in a windfall for customers who deposited the less valuable MOBILE
The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work
16.9.2022
At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW...
Profit From DeFi and Metaverse Tokens With PrimeXBT Leveraged Trading
16.9.2022
The DeFi sector has struggled over the last year for various reasons, and the once magma-hot Metaverse trend has cooled off considerably. These disruptive emerging assets aren’t dead, markets are simply cyclical, and interest in these futuristic technologies will return again in a significant...
Global inflation mounts: How stablecoins are helping protect savings
16.9.2022
More people are using stablecoins to hedge against inflation, as they offer numerous benefits