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BMW Revamps Operations With Blockchain Technology From Coinweb And BNB Chain

Coinweb, a layer-2 cross-chain computation platform, announced on December 29 that it has entered into a partnership with BMW to integrate blockchain technology into the automaker’s infrastructure in order to improve the efficiency of financial transactions. Coinweb stated that the primary goal of this partnership is to provide a completely new experience for BMW’s customers in Thailand. To achieve this, the two companies plan to implement two different roadmaps in 2023. The...

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Helios is a ‘Transformative Acquisition’ for Galaxy Digital, Says Novogratz

Mike Novogratz – the CEO of Galaxy Digital – praised his company’s decision to purchase the bitcoin mining facility – Helios. The firm recently won the auction to acquire another cryptocurrency entity – the blockchain cybersecurity platform GK8.  ‘Long-Term Believers in BTC’ In a recent tweet, Novogratz justified the Helios’ acquisition with the fact that Galaxy Digital is a “long-term” believer in bitcoin. He also thinks lowest-cost BTC miners will prevail in the future,...

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Vulcan Blockchain’s Auto-Rebasing Layer 1 Set for Release Q1 2023

December 28, 2022, Tallinn, Estonia: Vulcan Blockchain has just announced that its’ novel auto-rebasing Layer 1 protocol will launch in Q1 of 2023. The protocol, which has been under development for some time aims to balance supply side issues affecting market stability. In this vein, the primary key feature of the Vulcan Blockchain is its Auto-Rebasing mechanism, which adjusts the circulating supply of $VUL (the native coin) every 15 minutes. Vulcan, named after the god...

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COTI Announces Succesful Hard Fork for Multi-Token Network Expansion

Blockchain protocol Coti announced the successful hard fork event – MultiDAG 2.0 – that aims to transition the ecosystem from a single currency infrastructure to a multi-token network. In a press release shared with CryptoPotato, Coti also revealed the launch of the Mainnet on December 29th, during which Explorer 2.0 was also deployed alongside the Bridge 2.0 wallet app. In a statement, the team behind the protocol said, “This launch signifies a massive step for the crypto...

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Paul Krugman: BTC Is on the Verge of Disappearing

Nobel Prize-winning economist Paul Krugman is confident bitcoin and Ethereum, the world’s two biggest digital currencies by market cap, aren’t going to last much longer and are headed for points of no return. Paul Krugman Thinks BTC Is Done A lot has happened in the crypto arena in just the last few months. For one thing, the fall of crypto exchange FTX has sent ripples throughout the space that have seemingly caused a lot of other exchanges and blockchain-based...

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