Blockchain

New York Federal Reserve Bank President – John Williams – opined that the rapid development of virtual assets challenges the central banks’ desire to launch their own CBDCs. He advised policymakers to consider how cryptocurrencies would work efficiently alongside physical cash. Crypto Raises Questions for Central Banks John Williams – the president and CEO of the Federal Reserve Bank of New York – reacted to the recent presentation of the former Bank of England governor Mark...

21Shares AG, the Swiss-based issuer of cryptocurrency-oriented Exchange-Traded Products, continues with launching such ETPs in Europe. The latest will track the performance of Solana (SOL) and will go live on June 30th on the Swiss stock exchange. SOL ETP Coming to SIX Exchange The company, aiming to close the gap between institutional investors and regulated cryptocurrency products, announced its latest ETP in a press release shared with CryptoPotato. It will track the...

IAGON, a Norway-based blockchain startup focused on decentralized cloud computing, has announced the completion of seed funding to the tune of $3.4 million.  According to the announcement today, the latest round saw participation from reputable crypto and blockchain firms, led by LedgerLink Labs. Other investors include Blockchain Israel, AU21 Capital, Kirin Fund, Coinsgroup, Alphabit, Launchpool, Chymia Consulting, and Trustdao Network, to name but a few.  IAGON to Launch...

[Sponsored Content] The third quarter of 2021 has an awesome welcome party, with Phemex launching its free crypto educational program on June 17th – Learn & Earn. This program was designed to help people overcome their lack of confidence in blockchain understanding. The more people outlive this fear, the greater the mass adoption will be – which is essential for crypto to overcome fiat. Crypto knowledge gives you Phemex rewards Everybody needs a little push to start...

[PRESS RELEASE – Please Read Disclaimer] Polkaido Exchange will have its native token – Kaido Coin (KAD) launched through an Initial Dex Offering (IDO) in June. As it stands right now, KAD tokens are developed through the ERC-20 token standard based on Ethereum’s network. It is, however, expected that on December 22nd, 2022, KAIDO will definitively complete the Kaido Chain mainnet and support the transition of KAD to its own network. KAD is the official token that’s behind...

Bitcoin and other cryptocurrencies cannot and should not replace fiat currencies, argued the former finance minister of Greece, Yanis Varoufakis. Additionally, he supported the popular narrative that counties should aim at adopting blockchain while averting from using BTC. Bitcoin Cannot Replace Fiat Speaking to the Greek Reporter, Varoufakis, who has never been a bitcoin fan, used the opportunity to bash the asset. He touched upon one of the most notable BTC merits – the...

Polygon, a full-stack scaling solution for Ethereum formerly, known as MATIC network, plans to launch an all-purpose scalable data availability layer dubbed Avail. Polygon to Launch a General Purpose Blockchain In a press release shared with CryptoPotato, Polygon noted that Avail will provide foolproof data available while preventing data encoding proofs using erasure coding and polynomial commitments to create a two-dimensional data availability scheme. Avail is a blockchain...

The Moon Rabbit protocol is built atop the Substrate and Rust framework, flaunting a similar property alongside Polkadot as well as maintaining compatibility with the Ethereum blockchain (EVM Compatibility).Of the numerous blockchain-backed projects being introduced and launched on a daily basis, the Moon Rabbit is unique in radically redefining the underlying purpose that can be achieved with digital currencies. The Moon Rabbit uses Substrate framework in a unique model – same as Polkadot...

[PRESS RELEASE – Please Read Disclaimer] 28th June 2021, Dusseldorf, Germany – The demand for increased computing power is growing at an exponential rate. Industries such as IoT, Pharmaceutical, AI, 3D Image Processing and Deep Learning all require huge bandwidth in a non-restrictive and cost-efficient approach. This is where PORT Network seeks to break new ground. PORT Network is the first decentralized P2P application which unites both Cloud and Volunteer computing on the...

[PRESS RELEASE – Geneva, Switzerland, 28th June 2021] Olyseum, a blockchain-powered social ecosystem that rewards fan engagement, is excited to announce that it has launched the world’s first star-led experiential NFT (xNFT) platform. The platform aims to fundamentally change the landscape of fan engagement by taking NFTs to the next level. Olyseum enables gamified, authentic, and meaningful interactions between celebrities and fans. More than 30 stars with hundreds of...