This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Olympic battle After months of writing about the relentless actions of the Chinese government, this week we lead with a story from the …
Monthly archives: July 2021
Advancing the Web 3.0 Ecosystem
The wave of business innovation enabled by Ethereum goes far beyond the myriad industries that have already seen significant traction on Ethereum. If successful, these projects will pave the way for new markets and business models that protect user privacy and allow businesses to develop cutting-edge applications that will drive the widespread adoption of Web …
Advancing Ethereum Adoption with Smart Contracts and Open Source Efforts
Open source software has become increasingly important to the development of Ethereum business blockchain networks. Ethereum open source business communities, like EEA Community Projects’ Baseline initiative, among others, revolutionize business processes. They also work to establish the global business standards needed to address privacy, transactions, and smart contract communications between companies on the Mainnet. EEA Community Projects …
Continue reading “Advancing Ethereum Adoption with Smart Contracts and Open Source Efforts”
Businesses to Benefit from Ethereum and the Many Eth-based Scaling Solutions
As Ethereum continues to mature and advance, businesses have even more reason to be excited about investing in and building on the network. Indeed, global business blockchain spending is expected to reach almost $19B by 2024, according to IDC. Ethereum Layer 2 (known as “L2”) scaling solutions go a long way in breaking down barriers for businesses …
Continue reading “Businesses to Benefit from Ethereum and the Many Eth-based Scaling Solutions”
Valuart Launches Auction of NFT Derived From Banksy’s ‘Spike’
July 22, 2021 – Lugano, Switzerland Valuart, a startup that mints licensed NFTs derived from original artworks, has launched its first drop. The auction for ‘Spike,’ a digital artwork based on the iconic Banksy installation that first surfaced in Palestine, commenced on July 22. Fifty percent of the proceeds raised from the sale will go …
Continue reading “Valuart Launches Auction of NFT Derived From Banksy’s ‘Spike’”
BTC to $100,000? Crypto Trader Lark Davis Considers Feasibility of Massive Fourth-Quarter Rally
Crypto trader and market analyst Lark Davis is looking to the past to see if Bitcoin (BTC) could hit six figures this year. Davis says that Bitcoin’s current price action is reminiscent of Ethereum’s 2017 bull run. ADVERTISEMENT “Is there precedent for an asset having a massive run up, then a long brutal corrective period …
Bitcoin Ownership by Younger US Investors Surges, Could Be Approaching ‘General Acceptance’: Gallup Report
A new study by the Washington, DC-based analytics company Gallup reveals that Bitcoin is rapidly becoming a mainstream choice for young investors. The research is drawn from the second-quarter Gallup Investor Optimism Index survey, which was conducted in June. ADVERTISEMENT According to the data, Bitcoin ownership has taken off in the US in the …
Stacks (STX) price rallies 195% after revealing plans to bring DeFi to Bitcoin
Ethereum (ETH) is currently the leader when it comes to smart contract capabilities and the sheer number of projects operating on its network, but the push to build products on Bitcoin (BTC) is gaining traction with advocates like Square CEO Jack Dorsey spearheading the effort to bring decentralized finance (DeFi) to the Bitcoin network. One …
Continue reading “Stacks (STX) price rallies 195% after revealing plans to bring DeFi to Bitcoin”
Texas alleges that BlockFi is offering unregistered securities
The Texas State Securities Board has filed for a cease and desist order against crypto lending firm BlockFi for not offering a security licensed at the state or federal level. According to a Thursday filing, the state regulator will be holding a hearing related to allegations BlockFi is illegally funding its crypto lending operations and …
Continue reading “Texas alleges that BlockFi is offering unregistered securities”
Circle K convenience stores will host thousands of crypto ATMs
The largest Bitcoin ATM operator in the world has said it will be expanding into Circle K locations in the United States and Canada. Bitcoin Depot announced today that more than 700 of its Bitcoin ATM machines had already been installed at Circle K convenience stores in 30 U.S. states as part of the new …
Continue reading “Circle K convenience stores will host thousands of crypto ATMs”
Reserve Bank of India mulls first steps toward an eventual CBDC
The Reserve Bank of India, or RBI, continues to investigate the issuance of a central bank digital currency, or CBDC. T Rabi Sankar, the deputy governor of RBI, said in a speech organized by the Vidhi Center for Legal Policy that private digital currencies could be part of what makes CBDCs ultimately necessary. He felt …
Continue reading “Reserve Bank of India mulls first steps toward an eventual CBDC”
Be Part of the Innovation
All the hard work of the talented Ethereum Global Community over the past six years around privacy, performance, and scalability means that businesses and the ecosystem at large can reap the benefits and use the advancements to scale innovation. Be part of the Ethereum network effect. Join us in advancing the Ethereum ecosystem and contributing to …
Ethereum: Driving the Next Wave of Business Innovation
As Ethereum adoption continues, the technology has a growing role to play in revolutionizing the Internet and driving the creation of the Decentralized Web (or Web 3.0) to facilitate peer-to-peer transactions and the shift in control from institutions to individuals, both of which will help reshape business as we know it. Over the last …
Continue reading “Ethereum: Driving the Next Wave of Business Innovation”
Ethereum: The Go-To Blockchain Technology for Business Solutions
Ethereum has quickly become the blockchain protocol of choice for businesses for several reasons, including its Ethereum open source community, programmable smart-contract functionality, defined roadmap, and credibility with global businesses. In fact, more than half of the billion-dollar companies on Forbes’ “Blockchain 50: Billion Dollar Babies” list are utilizing Ethereum. Emerging markets like DeFi are …
Continue reading “Ethereum: The Go-To Blockchain Technology for Business Solutions”
Ethereum Innovation Cycle for Business and Commerce
From 2015 to 2021, Ethereum has rapidly grown from merely an idea to the world’s most actively used blockchain, with tens of thousands of developers around the world. The global Ethereum community voraciously draws talent and businesses into the ecosystem, resulting in massive breakthroughs with regards to privacy, scalability, and performance. Ethereum technology is currently used by some …
Continue reading “Ethereum Innovation Cycle for Business and Commerce”