Search
Elektra Group President Ricardo Salinas Hints at Inclusion of Lightning Network Payments in Mexico
8.9.2021
Ricardo Salinas, president of Elektra Group, one of the biggest retail franchises in Mexico, hinted at the possibility of integrating payments using Bitcoin’s second layer solution, the Lightning Network. Salinas made the announcement yesterday via Twitter. This would allow residents of...
ECB Officially Starts to Investigate Digital Euro — Development Could Begin in 2 Years
7.9.2021
The European Central Bank (ECB) says it is “starting to investigate” a digital euro by launching a two-year investigation. ECB President Christine Lagarde believes the ECB should be ready to respond to people’s demands for digital currencies and come up with a European-based...
Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million
2.9.2021
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live...
Singapore Myanmar Investco Purchases 800 Mining Rigs, Firm Plans to Offer Mining Services
26.8.2021
On August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to be delivered to Southeast Asia. The move follows a number of firms pivoting toward digital currency...
StaFi Releases rMATIC Liquidity Solution for Polygon
26.8.2021
StaFi has released the latest development of the rMATIC liquidity solution for all PoS projects on social platforms. The vision behind the same is to provide liquidity solutions for all sorts of PoS projects. It wants to ease out the staking to make it more flexible. For achieving the same, StaFi...
Concerns around data privacy are rising, and blockchain is the solution
22.8.2021
A decentralized future, with Web 3.0 and blockchain at its core, will provide the best practices in users’ privacy and data protection
Molecule Partner With VitaDAO to Create Biopharma IP-to-NFT Transfer Using Nevermined Solution
19.8.2021
PRESS RELEASE. Molecule, a decentralised biopharma marketplace, has developed a novel IP-to-NFT framework with Web3 technology innovator Nevermined. In a historic transaction, the first biopharma IPNFT was successfully transferred to research collective VitaDAO to fund novel longevity therapeutics...
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
19.8.2021
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch...
1inch announces deployment to Optimism's layer-2 solution
17.8.2021
1inch indicated that its launch on the Optimistic Ethereum network will lead to faster confirmation times and lower fees
Crypto Staking: Revolutionary Solution to Earn Lucrative Yields
17.8.2021
A cryptocurrency staking pool is a pool of digital assets that have been submitted by users and entities for interest opportunities. The idea is to lend your crypto into the pool and earn lucrative yields on assets as your digital assets are used to verify the network through an activity known...
Chainlink launches data oracles on Arbitrum One's Ethereum scaling solution
13.8.2021
Chainlink’s data oracles are now live on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and Verifiable Random Function on the layer-two
Nancy Pelosi Urged to Amend ‘Harmful’ Cryptocurrency Provision in Infrastructure Bill
13.8.2021
U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure bill that the Senate passed this week. She urged the House to adopt the bipartisan amendment supported by the Treasury Department that provides a solution. Rep....
Swvl Taps Concordium’s Blockchain To Enhance Semi-Private Mass Transit Solution
12.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Zug, Switzerland, 12th August, 2021,
Various experts agree that mass transit systems need to undergo an evolution. The debate goes back to pre-COVID-19, yet the pandemic has only highlighted more points...
Will the Real Polygon Please Stand Up — Spammers Wrongly Post Coin Drops on Video Game-Related Feed
11.8.2021
In a strange twist of fate, two companies named Polygon are the source of a storm of confusion on Twitter as a video game community gets a unique introduction to Polygon’s blockchain technology. Crypto Scammers Hit Game-Related Feed Polygon, the rebranded layer 2 blockchain solution...
Fake vax certificates renew calls for blockchain-based solution in Australia
11.8.2021
Experts are demanding the introduction of a blockchain-based vaccine registry in Australia as counterfeit Covid passports proliferate online
Europe’s Largest Telecom Provider Chooses to Leverage Coinbase Custody to Stake CELO Tokens
9.8.2021
The largest telecommunications provider in Europe, Deutsche Telekom AG, announced on Monday that it will be leveraging Coinbase Custody to hold the firm’s celo tokens. Celo is a mobile-first platform that connects to decentralized apps, is EVM compatible, and the network allows holders...
Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month
9.8.2021
Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap...
CBDC: A Solution in Search of a Problem?
6.8.2021
Below is a speech by Federal Reserve Governor Christopher J. Waller before the American Enterprise Institute on Thursday, August 5.
___
The payment system is changing in profound ways as individuals demand faster payments, central banks including the Fed respond, and nonbank entities seek...
Fed governor says CBDCs remain 'a solution in search of a problem'
5.8.2021
Chris Waller’s comments come after Jerome Powell said the Federal Reserve would be issuing a discussion paper on CBDCs
Bakkt, Binance, MoonPay, And Voyager Bring New Payment Solutions + More News
4.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
____
Adoption news
Digital asset marketplace Bakkt Holdings has announced that they have partnered with quick-service restaurant Quiznos to launch...