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Nigerian Blockchain-Based Payment Startup, Ivorypay, Partners With Stablecoin Issuer, Tether
21.4.2024
A Nigerian startup specializing in blockchain-based payments and remittances has entered into a partnership arrangement with the stablecoin issuer Tether. The arrangement is expected to extend the benefits of stable digital transactions to a larger number of consumers and businesses across...
Chainlink Launches ‘Transporter’ App for Moving Crypto Cross-Chain
11.4.2024
Chainlink, a leading provider of data feeds to blockchain-based smart contracts, has released a new application dubbed the transporter for submitting and monitoring cross-chain transactions.
The post Chainlink Launches ‘Transporter’ App for Moving Crypto Cross-Chain appeared first...
Azuro Raises $11M Led by SevenX Ventures and Arrington Capital
11.4.2024
Azuro, a decentralized autonomous organization (DAO) building a protocol for blockchain-based predictions, has raised $11 million with investment from SevenX Ventures and Arrington Capital.
The post Azuro Raises $11M Led by SevenX Ventures and Arrington Capital appeared first on Cryptonews
Is It Too Late to Buy Internet Computer? ICP Price Up 20%, Bitcoin Rival Secures $8.8M Funding
25.3.2024
The price of Internet Computer (ICP) has shot up 20% in the last 24 hours as the token underpinning the blockchain-based computing ecosystem far outpaces market leaders Bitcoin and Ethereum today. Crypto prices are broadly rallying across the spectrum right now. Market leader Bitcoin (BTC) grew...
Blockchain-Based Game MetalCore Receives $5 Million in Latest Funding Round
13.3.2024
Studio369's MetalCore secures $5 million in the latest funding round for its web3 combat MMO set in a dystopian alien world, key investors including Delphi Digital, BITKRAFT Ventures.
The post Blockchain-Based Game MetalCore Receives $5 Million in Latest Funding Round appeared first on Cryptonews
Exploring the mechanisms of Proof of Work (PoW) in blockchain-based crypto games
13.3.2024
Proof of Work (PoW) serves as a consensus mechanism within blockchain technology, ensuring the validation and confirmation of transactions while facilitating the creation of new blocks. In PoW, miners, the participants in this process, solve intricate mathematical puzzles to add new transaction...
Turbo Trump Meme Coin Soars 22,589%, Eco-Friendly Bitcoin ICO Hits $3M Milestone
11.3.2024
The new Turbo Trump meme coin has rocketed by over 20,000% in the past 24 hours, with the Base blockchain-based token listing on SushiSwap yesterday.
The post Turbo Trump Meme Coin Soars 22,589%, Eco-Friendly Bitcoin ICO Hits $3M Milestone appeared first on Cryptonews
Kremlin Reveals Plans to Create a “Politics-Free” BRICS Blockchain-Based Payments System
8.3.2024
Yury Ushakov, an aide of Russian president Vladimir Putin, revealed plans to create a digital blockchain payment system for the BRICS bloc. Ushakov remarked that the countries of the group would benefit from implementing such a system for the use of governments, common people, and businesses...
Nigeria’s Central Bank Partners with Gluwa to Boost eNaira Amid Global Regulation Changes
7.3.2024
The Nigerian Central Bank has partnered with the blockchain-based financial platform Gluwa Nigeria to increase the adoption of its digital currency, the eNaira. This move seeks to address financial inclusion challenges and provide credit access to unbanked individuals.
The post Nigeria’s...
BRICS to Develop Digital Currencies and Blockchain-Based Payment System
5.3.2024
BRICS nations announce plans to collaborate to launch an independent blockchain-based payment system, introducing their own digital currencies to streamline cost-effective transactions.
The post BRICS to Develop Digital Currencies and Blockchain-Based Payment System appeared first on Cryptonews
Jon Trask, CEO of Dimitra, on Blockchain Tech for Farming and Agriculture | Ep. 309
16.2.2024
In the latest episode of the Cryptonews Podcast, host Matt Zahab sat down for a meaningful discussion with Jon Trask, the CEO of the blockchain-based, agriculture technology-focused Dimitra platform. In this exclusive interview, Jon Trask talked about: blockchain and Web3 technologies...
Blockchain-Based Loyalty Rewards Foster Brand-Customer Connection, Accelerate Web3 Adoption — Gennady Volchek
16.2.2024
Universal loyalty programs can serve as potent tools, not only forging a direct link between a brand and its consumers but also influencing the latter’s shopping behaviour, Gennady Volchek, the CEO of the loyalty rewards app Shping, has said. However, by harnessing the power of blockchain...
Blockchain-Based Ride Apps Could Restore Confidence in Ride-Hailing Industry, Says Firdosh Sheikh
10.2.2024
According to Firdosh Sheikh, the co-founder and CEO of DRIFE, blockchain-based ride-hailing platforms could disrupt and revolutionize the industry, much like Uber and Lyft did to the traditional taxi industry over the past decade. To support this argument, Sheikh, whose ride-hailing platform...
UK’s Fraud Intelligence Unit Shuts Down 43 Possible Crypto Phishing Websites
9.2.2024
UK authorities have announced that the National Fraud Intelligence Bureau (NFIB) blocked 43 possible crypto phishing websites. A recent official Commissioner’s Update disclosed reports in diverse fields including potential fraudulent activities with bad actors impersonating popular blockchain-based...
Pundi X Initiates PURSE Token Distribution to Boost DePIN Development
6.2.2024
Pundi X, a blockchain-based point-of-sale solution, has initiated the first phase of its PURSE token distribution in a bid to incentivize builders and participants of the Decentralized Physical Infrastructure Network (DePIN). The distribution of PURSE tokens leverages DePIN technology to reshape...
Victoria VR Aims to Be the First Crypto-Related App for Apple’s Vision Pro
5.2.2024
Victoria VR is slated to become the inaugural crypto-related application for the Apple Vision Pro. With a focus on active user engagement and a blockchain-based economy, the game will have to navigate the challenges posed by App Store policies as it relates to applications involving crypto....
Apple Vision Pro Launches with Blockchain-Based Metaverse Game – Next Big Thing?
3.2.2024
Apple’s highly anticipated headset Vision Pro has an upcoming metaverse app from a blockchain-related company. Victoria VR, a crypto-meets-virtual reality (VR) developer, aims to offer an immersive metaverse experience with ultra-realistic graphics, complementing the advanced technologies...
Here’s How Useful AI Can Be for Web3 Applications
2.2.2024
Blockchain and artificial intelligence (AI) together have the potential to boost each other, making the two fiels more exciting and diverse. A new report from TenSquared Capital highlights the ways AI can enhance speed and efficiency in the Web3 arena. Essentially, AI joining forces with Web3...
3 Analysts Tip This New Green AI Coin as Best Crypto To Buy Now
30.1.2024
The blockchain industry, alongside Artificial Intelligence (AI), is increasingly contributing to the fight against climate change, and eTukTuk is a notable example. eTukTuk is a blockchain-based green project that has raised over $680,000 in its ongoing token sale. Beyond manufacturing electric...
South Korean Web3 Music Service Somesing Loses $11.58 Million in Token Exploit
29.1.2024
Somesing, a popular blockchain-based social karaoke platform in South Korea, has fallen victim to an exploit resulting in the loss of approximately $11.58 million. In a recent Medium post, the platform revealed that 730 million of its native token SSX had been compromised. The attack targeted...