Blockchain

The crypto world has been eagerly awaiting what is now called The Merge. This is the moment when Ethereum switches from proof-of-work to proof-of-stake. The developers are doing everything they can to make this transition happen in August. If they don’t transition in time, then a digital bomb will explode and slow down the network. Proof of stake will first be rolled out on Ropsten on 8 June. This is Ethereum’s test network. Not only Ethereum...

Earlier this week, a pull request was submitted by an Ethereum DevOps engineer for the Ropsten testnet Merge configuration code that can be seen in the GitHub repository. For the uninitiated, the Ropsten testnet was created by Ethereum Foundation nearly five years ago and is considered one of the best replicas for the Ethereum blockchain. The Merge The merge, which marks the end of the PoW-style architecture, will essentially combine the two layers in a single PoS-based...

Ripple has announced a partnership with Lithuania’s FINCI to provide retail remittances and B2B payments through RippleNet’s On-Demand Liquidity (ODL). Thanks to this partnership, FINCI’s customers can make seamless payments between Europe and Mexico, a PR from Ripple said. Ripple-FINCI Partnership FINCI is an online cross-border money transfer provider, while RippleNet’s ODL provides crypto-enabled international payments. ODL taps into global crypto liquidity to give...

The Play-to-Earn (P2E) gaming sector has grown into a powerful concept within the cryptocurrency industry as non-fungible tokens took flight and legitimized a new segment in the market. Gaming has long been touted as one of the best applications for blockchain-based technology. Even though it’s still in its nascency, GameFi has proven to be a model that players enjoy. For example, CryptoBlades — a blockchain and web-based NFT roleplaying game — attracted the interest of...

Meta Platforms Inc. – the owner of the Meta (formerly Facebook) brand – filed for five trademark applications on Friday under the name of “Meta Pay”. They appear to be dedicated to a new digital payments platform that will integrate various cryptocurrency and blockchain-related products. Examining “Meta Pay” According to the applications filed on May 13th, Meta Pay is described as an “online social investment network.” It will allow users to conduct trades using digital...

The blockchain security service provider – Fireblocks – introduced a new Web3 Engine that will aid developers’ efforts to build NFT, DeFi, and GameFi products and services. Additionally, the platform enabled access to exchanges, decentralized applications, and non-fungible token marketplaces for capital market participants and alternative asset managers. The New Fireblock Web3 Engine According to a recent announcement, the platform’s new Web3 Engine will allow developers and...

EY – a Big Four accounting firm – launched a new application programming interface (API) for its blockchain platform, allowing enterprise users to transact on public blockchains without dealing with the complexity of entire DLT systems. New API for EY OpsChain EY OpsChain, part of the giant’s blockchain platform, is a subsidiary dedicated to solving issues in procurement, supply chain, and traceability through the use of notarization and tokenization. The newly announced EY...

Okay, Bears has quickly become amongst the most popular collections of non-fungible tokens based on Solana. At the time of this writing in May 2022, the collection has also become the most actively traded one on OpenSea, surpassing the likes of the Bored Ape Yacht Club, Azuki, CloneX, and others. The following is a deep dive on Okay Bears and everything there is to know about the collection.  What Are Okay Bears NFTs? Okay Bears is a collection of 10,000 non-fungible tokens...

Kryptowährungen haben in den vergangenen Wochen deutlich an Wert verloren. Noch einmal beschleunigt hat diese Entwicklung der Zusammenbruch des Kryptowerts Luna, ein Coin, der mit dem Stablecoin TerraUS (UST) gekoppelt ist. „Das Geschäftsmodell der Terra-Blockchain, eine Basis für algorithmische Stablecoins anzubieten, ist gescheitert“ sagt Hartmut Giesen. „Viele Anleger haben hier investiert, ohne den Coin und sein Geschäftsmodell wirklich verstanden zu haben.“ Eine Grundregel für...

HFSP? Die Schweizer FINMA will strenge Bitcoin-Regulierung. Die Finanzmarktaufsicht verlangt zukünftig Identifikationsprozesse für Krypto-Käufe ab einer Höhe von 1000 Schweizer Franken, wie in den kürzlichen Erneuerungen des Schweizer Geldwäschegesetzes beschlossen wurde. Ursprünglich war ein Wert von 5000 Schweizer Franken festgelegt. Nun die Verschärfung dieser Regeln! Damit folgte die Finanzmarktaufsicht den Anpassungen eines Bundesgesetzes,...