Blockchain

Unfortunately, it was another challenging week in the cryptocurrency market, though this can only be said about the developments in terms of price. Elsewhere – adoption seems to be booming, especially when it comes to Bitcoin. Starting off with the price – bitcoin is currently trading at around $33,000, down about 13% in the past seven days. The cryptocurrency started off relatively flat, but on Monday, things took a turn for the worse, as BTC dropped from $36K down to $32K....

Beeple asserted that the NFTs constituted a new prototype that feeds off the remarkable achievements in human history, which can be commemorated and honored through the platform.Mike Winkelmann aka Beeple, one of the most famous digital artists around the world,  presented WENEW,  the premier curator and provisioner of iconic moments as Non-Fungible Tokens (NFTs). The platform helps people collect stellar instances in sports, arts, and culture on the blockchain.The platform which aims to...

[PRESS RELEASE – Please Read Disclaimer] Scalable solution, a blockchain company enabling cryptocurrency payments for merchants to receive or send instant payments. Cryptocurrency is becoming a next-generation payment choice among merchants and customers. Every day, more and more people are using connected devices to make payments. The adoption of digital currency is not limited to laptops but also reaches across the industry like tablets, phones, IoT devices, and...

As outlined by Chainalysis, the latest cash injection will be used to deepen its data advantage by covering more cryptocurrencies, and focusing on emerging niches including decentralized finance (DeFi).  Blockchain analysis company Chainalysis has announced the completion of its Series E funding round in which it secured an additional $100 million from investors. According to the official announcement Chainalysis, the Series E funding round was led by Coatue and brings the company’s total...

Railgun is an ultra-advanced smart contracts protocol that utilizes zk-snarks privacy. It’s used to shield any transaction or smart contract interaction on the Ethereum blockchain. By using Railgun protocol, DeFi users are guaranteed privacy when trading, using leverage platforms, or adding liquidity, with any dApp on Ethereum. Railgun DAO and RAIL tokens will be live and available on June 30th. After reading the below exclusive details, users will be clamoring to get...

[Featured Content] It goes without saying that data confidentiality is one of the hottest topics of the decade. From mega scandals of leaked information to a constant stream of news about large corporations being victims of ransomware, there’s undeniably something lacking in the way data is stored traditionally. For the most part, at least. The truth is that most users rely on traditional cloud infrastructure. Unfortunately, it has many central points of failure and trust,...

[PRESS RELEASE – Please Read Disclaimer] The cryptocurrency market has left people wondering about the long-term growth prospects and which cryptocurrency they should invest in. Solanax is an automated market maker (AMM) based on the Solana blockchain, which is set to be a game-changer in the cryptocurrency world. The SolanaX Platform After parsing through their team of professionals, whitepapers, their project plans, and unique platform capabilities, there is no doubt that...

Following the recent FUD around high energy usage from cryptocurrency projects, Enjin – the NFT ecosystem provider and creator of the ERC-1155 token standard, has turned its JumpNet blockchain carbon negative. This comes after joining the Crypto Climate Accord, aiming to decarbonize the industry. Enjin Joins Crypto Climate Accord Ever since Tesla’s Elon Musk criticized bitcoin for the high energy used for mining, especially such coming from coal fuels, the entire...

Roughly three years after releasing its first crypto-related product, the private US venture capital firm a16z has outlined plans to double down via a ‘radically optimistic’ digital asset fund. The company’s partners called the industry ‘the future of finance.” Founded in 2009, Andreessen Horowitz is a venture capital giant operating from California that has already launched several pro-cryptocurrency products. It has also previously participated in the funding rounds of...

The new DLT Settlement System is a replacement for CHESS that will make the clearing and settlement process quick, hassle-free and devoid of counterparty risks.With two to three trillion dollars worth of securities on the DLT Settlement System, the Australian Securities Exchange will house more value than what the current public blockchains hold. On the third day of the Macquarie Technology Summit, Australian Securities Exchange CEO Dominic Stevens confirmed the massive capacity of the...