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Morningstar Ventures Invests $15M In Projects Building on Elrond Network

[PRESS RELEASE – Dubai, UAE, 13th October 2021] Morningstar Ventures, the dynamic accele rator of ambitious ideas in the blockchain space, has announced a $15 million USD investment fund aimed at projects building with Elrond blockchain technology, as well as a new strategic Elrond Incubator in Dubai. Morningstar Ventures is a blockchain innovation firm that drives the proliferation of decentralized technologies through strategic placements in startups that it supports with...

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Over 85% of Circulating Bitcoin Has Not Moved in Three Months or More: Analysis

The recent price surge from bitcoin has not deterred long-term holders from keeping their portions. Recent data from Glassnode informed that the percentage of BTC supply that has been held for at least three months had reached a record of over 85%. BTC Holders Refuse to Sell Citing data from the blockchain analytics company Glassnode, the Chinese journalist Colin Wu outlined the behavior of bitcoin holders and their most recent attitude towards the asset. As the graph below...

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Polkadot Parachains Ready to Launch, Auction Dates Proposed

Polkadot was first introduced in a Whitepaper almost five years ago. Now, the heterogeneous multichain network announces a massive milestone – its parachains are officially ready to launch on the mainnet. Polkadot Parachains Greenlighted Polkadot’s parachains are one of, if not the most integral component of its network. They represent diverse and specialized blockchains that connect to Polkadot’s Relay Chain. They also constitute the multichain aspect of Polkadot’s...

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Lepasa: Moving NFTs Byond GIFs and JPEGs

[Featured Content] Even though NFTs have been one of the largest real-world use cases of blockchain and smart contracts to date, their adoption has been unidimensional. NFTs have been restricted to GIFs and JPEGs in popular culture, failing to incorporate the vastness the technology is actually capable of. Lepasa is a project that aims to take the adoption of NFTs beyond JPEGs. Conceptualized by a team of artists and engineered by blockchain enthusiasts, Lepasa is essentially...

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BUMooN.io to Address Real-World Environmental Issues

BUMooN.io, an Indonesian blockchain, IoT, and AI firm, works with Wastelab Indonesia and Sampangan.id to help address environmental issues in support of the government. The cooperation of three environmental management and sustainability companies in response to the Minister of SOEs, Erick Thohir, challenged them to become one of Indonesia’s 50 top startups. As stated by Happy Murdianto, co-founder of BUMooN.io, this cooperation will help manage trash mining. BUMooN.io...

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Elliptic Raises $60M From SoftBank and Wells Fargo to Accelerate Crypto Adoption

Elliptic – a London-based blockchain analytics firm – has secured $60 million in Series C funding led by Japanese investment manager SoftBank Group and American multinational Wells Fargo. The funds will be used to accelerate cryptocurrency adoption by global financial markets.  Accelerating Cryptocurrency Adoption by Large Institutions Elliptic announced the disclosure of a $60 million fundraising in a press release on October 11th. The company plans to use the funds to...

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Two Texas Siblings Seek to Create Their Own Crypto Token

Not long ago, Live Bitcoin News produced an article about a pair of siblings living in Texas that had created their own successful mining business. Ishaan and Aanya Thakur – 13 (now 14) years of age and nine years of age, respectively – had studied mining videos on YouTube and converted old equipment to extract Ethereum and other forms of crypto from the blockchain. Texas Siblings Take Their Love of Crypto to the Furthest Reaches Now, these siblings are looking to take...

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Wanchain Integrates Polkadot Into Its Cross-Chain Infrastructure

Decentralized blockchain interoperability solution, Wanchain, has recently announced the integration of its non-custodial cross-chain infrastructure with the sharded heterogeneous multi-chain blockchain network, Polkadot. Wanchain Connects Polkadot to Other Networks According to a press release shared with CryptoPotato, Wanchain has deployed several direct bridges connecting Polkadot to other blockchain protocols, including Ethereum, Moonriver, Wanchain, and Avalanche. The...

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Regulation First: Elrond Aims to Acquire an e-Money Licensed Company in Romania

Although the regulatory approval is still pending, the popular blockchain project Elrond Network has already agreed to purchase Capital Financial Services S.A – the company licensed to operate an Electronic Money Institution (EMI) in the Euro Economic Area. The press release shared with CryptoPotato explained that Capital Financial Services S.A. is a principal member of two of the largest global financial corporations – Visa and Mastercard. This allows the firm to provide...

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