Blockchain news-Page 2
Most blockchain advocates haven't even used Bitcoin
Bitcoin (BTC) popularised the term blockchain. Blockchains, or “decentralized and distributed digital ledgers used to record transactions across a network of computers,” have been around for over thirty years, the household name for a blockchain is Bitcoin. That’s despite the fact that the Genesis block was mined well over 14 years ago when George W. Bush was president and “I Gotta Feeling” by Black Eyed Peas topped the charts–Bitcoin is still top of the blocks. It’s to be expected, then, that most blockchain advocates would have used, understood or a the very least experimented with Bitcoin. Nope. Not so. Here’s …
Blockchain / March 2, 2023
Meet ISPO: An innovative proof-of-stake tool for blockchain-based fundraising
Venture capital has long been the go-to method for crypto projects looking for funding during the peak of a bull cycle. However, as the bear market of 2022 extended, the amount invested by crypto venture capital funds dwindled, showing a clear need for a self-sustained funding system for the blockchain space. A Cointelegraph Research report shows that while 2022 saw more capital inflow to crypto projects in total, there’s a clear decline on monthly funding charts after May 2022 — or the time of the Terra ecosystem collapse. Web3 and crypto projects lacking access to VC funds need ways to …
Blockchain / March 2, 2023
Flare gets NFT platform to increase use cases for interoperability protocols
Flare, the layer-1 Ethereum Virtual Machine (EVM) blockchain, went live on Jan. 10 after it launched two core protocols for decentralized interoperability applications. The blockchain network allows developers to create applications that are interoperable between various blockchain ecosystems and internet platforms. Less than one month later, on March 2, Flare welcomed the nonfungible token (NFT) platform Sparkles on its layer 1 oracle network. According to the announcement a primary goal of the Sparkles NFT platform is to hone in on the interoperability of native Flare protocols to increase use cases for NFT utility. The NFT platform has plans to target …
Blockchain / March 2, 2023
How to set and achieve your financial goals
Before setting a financial goal, it’s important to have a clear understanding of your current financial situation, including income, debt, expenses and assets. Once you have a clear understanding of your current financial situation, you can start setting financial goals that align with your values and priorities. Here are six steps to set and achieve your financial goals. Define your financial goals Set both short- and long-term financial goals as your first step. Your objectives should be specific, measurable, achievable, relevant and time-bound (SMART). One’s short-term objectives might be, for instance, saving $500 for an emergency fund or paying off …
Adoption / March 2, 2023
Polygon and Mercy Corps bring blockchain to underserved communities
Blockchain technology continues to make its way into mainstream view, as many companies adopt the technology as a part of their operations. In the push for adoption of this technology comes the simultaneous need for more education on the technology. A new partnership announced on March 2 between the Polygon blockchain network and Mercy Corps Ventures, the investment arm of the humanitarian organization Mercy Corps, focuses on bringing blockchain education and opportunities to underserved communities. According to the announcement, the new partnership has three primary objectives in its effort to bring blockchain and Web3 solutions to “traditionally excluded and underserved …
Adoption / March 2, 2023
What is QuickSwap, and how does it work?
The future of decentralized exchanges DEXs have been gaining popularity in recent years, thanks to the growing interest in DeFi. DEXs allow users to trade cryptocurrencies without the need for intermediaries or centralized exchanges, providing greater security, transparency, and control over assets. As the DeFi ecosystem continues to grow, the future of decentralized exchanges looks promising. The growth of cross-chain interoperability is one trend that will probably continue. The majority of DEXs currently run on a single blockchain, but the ability to trade assets between chains is becoming more popular. This would increase liquidity and give users access to a …
Blockchain / March 2, 2023
Binance custody partner clarifies Singapore licensing plans
Amid various reports about Binance trying to revive its crypto licensing plans in Singapore, the crypto exchange has come out to set the record straight. Binance told Cointelegraph that Ceffu, its "independent institutional custody partner," is the one looking to apply for an institutional crypto custody license when Singapore’s central bank opens up applications. Singapore has established itself as a hub for crypto businesses owing to its flexible tax policies, access to diverse tech talent, and its convenient location that allows companies to operate smoothly within the region in Asian time zones. The Monetary Authority of Singapore (MAS) is expected …
Blockchain / March 2, 2023
Decentralized storage platform introduces perpetual storage and community satellite
Decentralized storage networks are getting increasingly popular over mainstream centralized ones such as AWS, Google and Microsoft. The primary reason for the shift is low cost of operations and security. Some of the notable decentralized storage platforms are Filecoin, Siacoin, Bititorent, and Storj. Among these platforms, Storj has developed a new scalable solution called Storj NEXT, promising more scalable decentralized solutions for Web2 and Web3 firms alike. With a focus on community building, the latest upgrade introduces a new economic model that provides for broader participation in the Storj ecosystem. Storj is a decentralized system of distributed object storing, which …
Blockchain / March 2, 2023
Robinhood Wallet rolls out on iOS with Android support to follow
Trading platform Robinhood has launched its Web3 wallet on Apple’s App Store, becoming available to iOS users in over 130 countries. Robinhood shared the news in a Mar. 1 post, stating that users would no longer need to sit on a waitlist to access the new multi-chain, self-custody wallet. It added that it will be supported on Android “later this year.” #RobinhoodWallet is now available to everyone with iOS: https://t.co/yUdL8jCgJN pic.twitter.com/q7RIWBJUIT — Johann Kerbrat (@JohannKerbrat) March 1, 2023 Since the beta launch of the Robinhood Wallet in September, the trading platform integrated Ethereum — in addition to already supporting Polygon …
Adoption / March 2, 2023
HyperPlay game aggregator alpha launched, features in-built Web3 wallet
HyperPlay, a Web3-native game launcher with a built-in crypto wallet, has announced its early access launch, according to a Mar. 1 announcement from the developer. The online game launcher was built in collaboration with crypto wallet provider MetaMask, aimed at integrating players' crypto wallets with game libraries such as Epic Games Store, GOG (formerly Good Old Games), and its own HyperPlay Store. The new platform, founded by former Metamask operations lead, JacobC.eth, doesn’t charge developers any commissions and instead plans to rely on crypto services such as swaps and bridges to monetize the platform. Today, we’re excited to celebrate the …
Adoption / March 2, 2023
Chiliz announces $50M incubator and accelerator program for early-stage blockchain projects
Chiliz, a global company that deals with blockchain for sports and entertainment, has launched its incubator and accelerator program, Chiliz Labs, with the support of Jump Crypto. The $50 million program intends to invest in early-stage blockchain projects that leverage the Chiliz blockchain for sports and entertainment and the Socios.com partner network. We are pleased to announce the launch of our $50M USD incubator and accelerator programme Chiliz Labs! Backed by @jump_ Chiliz Labs will foster viable and innovative early-stage blockchain projects looking to leverage the new Chiliz blockchain. ⚡️ $CHZ — Chiliz ($CHZ) - Powering Socios.com ⚡ (@Chiliz) March …
Blockchain / March 1, 2023
Provenance Blockchain Foundation announces $50M in grants for blockchain development
Provenance Blockchain Foundation has announced a $50 million grant program for blockchain developers to support the development of regulated financial services on blockchain. The grant program promise to award $50 million in HASH, which is the native token on Provenance Blockchain, to developers who build core services and experiences that enable the full digitally-native lifecycle of regulated financial assets on blockchain technology. Developers will be evaluated based on a range of factors, including their ability to contribute to asset perfection, asset origination, on/off ramps, security, compliance, wallets, identity, developer tools, and new financial asset use cases. All projects that are …
Technology / March 1, 2023