blockchain

Grayscale Donates $1 Million to CoinCenter, Will Match up to $1 Million More in February

After Kraken’s example set in 2018 to donate $1m and match all other donations, Grayscale has done the same and urged other crypto household names. …

blockchain

Stablecoins set to invade non-crypto markets

TL;DR Breakdown Stablecoins to surpass $100 billion this year. The crypto asset is set to become more versatile. Several financial experts have predicted that stablecoins will penetrate deep into the non-crypto currency sphere in 2021. As per industry figures, it is anticipated that these assets will surpass and maybe triple $100 billion. Its current market […] …

blockchain

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

Hong Kong, Hong Kong, 25th January, 2021, // ChainWire // Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st, 2021. Xeno NFT Hub (market.xno.live), developed by Xeno Holdings, enables easy minting of digital […] …

blockchain

IATA Travel Pass adopts blockchain to secure travelers’ data

TL;DR Breakdown: IATA is developing a mobile application for Travel Pass to allow easy verification of COVID-19 test and vaccine status. The IATA Travel Pass will use blockchain to encrypt users’ information. The International Air Transport Association (IATA) is building a Travel Pass mobile application and will use blockchain technology to secure data stored on […] …

90% Of Large Bitcoin Trades Comes From China: Report

42% of the market capitalization the of top 20 tokens with headquarters is situated in Asia as the continent’s dominance on the crypto market keeps expanding. …

blockchain

Bitcoin mining chips scarcity: Samsung planning to Bankroll chip making plant

TL;DR Breakdown • Samsung to return a portion of the microchips market occupied by China to the U.S. • China’s duopoly is coming to an end. • Demand for Bitcoin mining chips rises. According to Bloomberg, Samsung is contemplating on expending over $10 billion to capitalize a Bitcoin mining chip plant located in Austin Texas. […] …

blockchain

Bitcoin Miners in China hit with Dearth of Chips

TL;DR Breakdown Chips’ scarcity affects other market players. Bitcoin Miners keen on getting more mining equipment. Mining Gears’ Price has been hiked. Reuters stated that Bitcoin Miners in China are experiencing a scarcity of computer chips needed to construct rigs for the purpose of minting Bitcoin and other cryptocurrencies. Bitcoin miners and other market players […] …

blockchain

Bithumb Global Along with Clover Plan to Disrupt DeFi?

In the last year, decentralized finance, or DeFi, has rapidly grown to become one of the most promising use cases for blockchain technology and has benefitted from an explosion in innovation, as more projects and developers double down on their DeFi efforts. Until recently, these efforts were primarily concentrated on the Ethereum blockchain — since […] …

blockchain

Experts Take On Cryptocurrencies That Could Upstage Bitcoin

It may seem way too early to predict which cryptocurrency will upstage Bitcoin. However, change is constant, and upstaging Bitcoin could also be the beginning of the mass adoption of cryptocurrencies and their underlying technologies. Here are industry experts’ thoughts on the issue. Edmund McCormack, Founder, and CEO of DChained predicts OCEAN Protocol (OCEAN) as […] …

blockchain

Meet the Startups Merging Blockchain and Real-World Assets

One of the holy grails of blockchain technology has always been the potential for it to support the tokenization of real-world assets, allowing users to send, receive, and exchange the ownership rights to physical goods just as easily as making a Bitcoin transaction.  But in the more than a decade that blockchain-based platforms have been […] …

blockchain

Biggest Bitcoin exchange in Brazil pushing to expand across Latin America

TL;DR Breakdown Mercado Bitcoin exchange wants to expand across South America. The exchange raised over $35 million in funding  The largest Bitcoin exchange in Brazil, Mercado Bitcoin, has announced its intention to spread its tentacles over South America. This was made known by Reinaldo Rabelo who is the CEO of the crypto exchange firm. According […] …

blockchain

UBS economist discuss why cryptos can’t be “actual currencies”

TL;DR Breakdown: A UBS economist opined that cryptos are not fit to make actual currencies. This is based on the supply rate, which can’t be reduced when demand drops. Cryptocurrencies are have been gaining attention over the years with recent surges in price. The confidence in this technology is raising narratives that they can actually […] …

blockchain

How Phala Network is bringing on-chain privacy to the Polkadot (DOT) ecosystem

The burgeoning Polkadot ecosystem is getting yet another huge use case to its ever-expanding suite of innovative products.
The post How Phala Network is bringing on-chain privacy to the Polkadot (DOT) ecosystem appeared first on CryptoSlate. …

US Treasury Secretary Nominee Yellen: Crypto Can Improve The Financial System

​Janet Yellen, President Joe Biden’s U.S. Treasury Secretary nominee, seems to have balanced her statements about Bitcoin and crypto, after her previous negative rhetoric about the emerging technology. Janet Yellen Acknowledges Crypto’s Benefits In a written response to the U.S. Senate Finance Committee on Thursday (Jan. 21, 2021), Yellen stated that cryptocurrencies had benefits that […] …

Seascape Network to take DeFi Gaming to the Next Level with the Binance Smart Chain

[PRESS RELEASE – Please Read Disclaimer] 21st January 2021: Seascape Network the gaming platform designed around the NFT and DeFi economies, welcomes Binance, the global blockchain company behind the world’s largest cryptocurrency exchange as its latest investor. The investment is part of Binance’s $100 million fund, which supports blockchain projects that connect DeFi and CeFi […] …

blockchain

Saudi Arabian expert says Bitcoin is a first-class speculation tool

TL;DR Breakdown: Saudi Arabian expert called Bitcoin a first-class speculation tool The expert said cryptocurrencies could have a place if the prices are determined by the central banks. The leading digital currency, Bitcoin (BTC), faced a lot of objection during its early stage of development. However, the cryptocurrency has managed to break records with its […] …

blockchain

Ripple looks to new administration to take U.S. blockchain industry forward

Team Ripple lets us know what to expect from cryptocurrency and blockchain technology going into 2021.
The post Ripple looks to new administration to take U.S. blockchain industry forward appeared first on CryptoSlate. …

blockchain

What the first half of 2021 will look like for Cardano (ADA)

In his latest YouTube video, Charles Hoskinson, the CEO of IOHK, shared some of the updates scheduled to take place in the following weeks and months at Cardano, as well as the current state of development of the blockchain’s most important features and functionalities.
The post What the first half of 2021 will look like for Cardano (ADA) appeared first on CryptoSlate. …

Enjin Coin (ENJ) Price Explodes by 90% as Japan’s JVCEA Approves it for Coincheck Listing

Enjin Coin reached its highest price in three years after Japan’s self-regulatory organization JVCEA approved the coin to be listed on Coincheck. …

Enjin Coin (ENJ) Price Explodes by 90% as Japan’s JVCEA Approves it for Coincheck Listing

Enjin Coin reached its highest price in three years after Japan’s self-regulatory organization JVCEA approved the coin to be listed on Coincheck. …

blockchain

UK hospitals are tracking COVID-19 vaccines temperature using blockchain

TL;DR Breakdown: Hospitals are using blockchain to monitor COVID-19 vaccine temperature. The main idea was to make the information tamper-proof. It’s more evident that blockchain is not only tied to digital currencies. Presently, the technology is being applied across several sectors to improve trust, transparency, and immutability of information. Even during the Coronavirus outbreak, many […] …

BitMart Published Cryptos of the Year Report on Top 10 Altcoins For 2021

[PRESS RELEASE – Please Read Disclaimer] BitMart, a premier global digital assets trading platform, today announced its release of Cryptos of the Year 2020 Report. This report sheds light on ten altcoins listed on BitMart worth investors’ attention in the new year. The list recognizes outstanding projects that defined the year in blockchain, and thought […] …