The world’s largest digital asset trading venue – Binance – announced it partnered with the Confederation of African Football (CAF). As a result, the company became the official cryptocurrency and blockchain sponsor of the 2021 TotalEnergies Africa Cup of Nations (AFCON) tournament. The latter is the most significant soccer championship on the continent – this year, it is held from January 9 till February 6, 2022, in Cameroon. Binance’s African Endeavor Apart from taking its...
Read More »Banxa: Tackling the Issues of Fraud on the Blockchain
The cryptocurrency space is no longer the wild wild west of finance. Less than a couple of years ago, institutions were wary of entering, mainly because many of the projects were in a proof-of-concept stage, while the broader outsider perception of crypto was that it was used mostly for illicit transactions. And while the industry has managed to disprove a lot of the above, there’s still a lot of fraud going on in the cryptocurrency space. That’s not exclusive, of course,...
Read More »LBank Weekly Listing Report, 10th January 2022
As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 10th Jan. For a more complete list please follow our twitter...
Read More »Bahrain’s Central Bank Declares Its JPM Coin Payment Test a Success
The Central Bank of Bahrain (CBB) has successfully completed a test of JPMorgan’s JPM Coin. The latter is a digital currency designated to make payments using blockchain technology. First Tests for JPM Coin in The Region Bahrain’s central bank revealed it is committed to improving the customer experience for secure and efficient settlement services. Seeking to achieve its mission, the financial institution completed a trial of JPMorgan Chase’s JPM Coin. This is the first test...
Read More »Pantera Capital’s CIO: Ethereum Could Soon Be Behind 50% of All Financial Transactions
According to Joey Krug – Chief Investment Officer at digital asset investment firm Pantera Capital – Ethereum will continue to be superior to its rivals. Moreover, the exec believes Vitalik Buterin’s project could facilitate 50% of the global financial transactions in the next decade. Ethereum Is Not Likely to Be Challenged By Competing Networks In a recent interview for Bloomberg, Joey Krug – an early DeFi developer and CIO of Pantera Capital – predicted that Ethereum could...
Read More »Chainalysis: Crypto Crime Has Grown to Unprecedented Levels
The crypto space saw unprecedented growth last year, and unfortunately, this led to a heavy surge in crypto-related crime. According to a new study conducted by blockchain analysis firm Chainalysis, illicit activity in the crypto space saw approximately $14 billion in crypto go to scam or fraudulent addresses. Chainalysis: The Amount of Crime Nearly Doubled in 2021 Compare this number with the $7.8 billion that was stolen in the year 2020. From one year to the next, the...
Read More »Fighting Climate Change: Cardano Foundation Plants Over 1M Trees
The Cardano Foundation – a non-profit leading Cardano’s development – has reached its first milestone towards land restoration in Kenya. It has successfully planted over 1 million trees, each of which will be recorded on the Cardano blockchain. Trees for TREE token Cardano Foundation CEO Frederik Gregaard announced the achievement on Sunday. He said that the foundation is attempting to position the blockchain as “a leader” in efforts to address climate change, and ultimately...
Read More »Huobi Primelist to List LOVE, Backing DEESSE’s Vision for ‘Enjoy to Earn’ Gameplay
[PRESS RELEASE – Please Read Disclaimer] LONDON, Jan. 10, 2021 — Huobi Global, one of the world’s leading digital asset exchanges, today announced its tenth Primelist event, offering its users exclusive access to the GameFi project Deesse and its token LOVE upon listing on Huobi Global. Deesse is a blockchain-enabled, idle Role-Playing Game (RPG) or Card Placement Game (CPG) that allows players to earn tokens and NFTs during gameplay. Huobi Global users can qualify for an...
Read More »Reltime ‘RTC’ list its unique PoA Protocol and Decentralized Ecosystem
Oslo, Norway / Reltime’s Proof of Authority Blockchain along with its decentralized banking ecosystem will launch in the 2nd quarter of 2022. Reltime has announced it will be the first blockchain company to bring borderless joint accounts and peer to peer loans to its end-users. Currently, Reltime is listed on Bitmart and CoinTiger. Reltime is also on track to conduct two more IEOs in the near future: one at P2PB2B, and the other at IndoEx, both with the ticker RTC....
Read More »Hedera Hashgraph Partnered With UK Air Traffic Company to Track Drones
The United Kingdom government backed Hedera and Neuron Innovation as the duo conducted a trial on the drone data collation and storage using a public ledger consensus. Hedera Network Used to Track Drones Neuron Innovation, a London-based aviation company, has conducted a drone data collection trial sponsored by the government of the United Kingdom. The test was made possible using a public ledger consensus protocol developed by Hedera. The collaboration between Hedera and...
Read More »
Blockchain
