The Kusama ecosystem is filling out nicely as potential projects continue vying for auction slots. According to Twitter user @DonnieBigBags, approximately 2.4 million Kusama tokens are locked in auctions, accounting for more than a quarter of the circulating supply. Around 2.37 million $KSM tokens are now locked up in auctions. Nearly a quarter of the …
Continue reading ““Supply shock” predicted as Kusama (KSM) parachain auctions heat up”
Nigerian lawmaker Ibrahim Obanikoro has called on Nigerian authorities to “close all domiciliary accounts for the next 12 months.” Such a move, he argues, will help to ease pressure on the naira, which has depreciated by more than 10% in the past two months. The Naira’s Continuing Depreciation The call by Obanikoro comes nearly two …
The national postal operator of Russia plans to implement a parcel tracking system that will rely on blockchain technology. The introduction of the new service is part of Russian Post’s digital transformation strategy and is expected to reduce the number of lost shipments. Blockchain-Based Tracking System to Help Russian Post Save Time and Resources In …
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press release PRESS RELEASE. Singapore, September 30, 2021. Less than three weeks after releasing its first dApp EverOwn for Binance Smart Chain, EverRise is proud to announce they will launch EverBridge to both the Ethereum and Polygon blockchains on October 5th. With EverBridge, EverRise will make its revolutionary suite of dApps available to projects on …
Continue reading “EverRise Brings Buyback Token and Ecosystem of dApps to Polygon and Ethereum”
The Cardano (ADA) ecosystem is getting a major investment from blockchain tech firm EMURGO. In a tweet, EMURGO says it is injecting $100 million into the Cardano ecosystem via an investment vehicle to bolster development in several key areas, including decentralized finance (DeFi) and non-fungible token (NFT) technology. ADVERTISEMENT “EMURGO to invest $100M in …
Continue reading “Cardano Secures $100,000,000 Investment To Rapidly Expand DeFi and NFT Solutions”
The Reserve Bank of New Zealand (RBNZ) published an issue paper providing its perspective on central bank digital currencies (CBDC). The paper outlines CBDC purposes, designs, as well as the potential benefits and associated risks. The bank will be seeking comments on the proposed paper until Dec. 6. The document focuses on a “general-purpose” CBDC that is …
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HodlX Guest Post Submit Your Post Play-to-earn games are one of the fastest-growing segments in the crypto market. In 2020, gamers showed interest while in quarantine and even afterward. According to DappRadar, daily activity for all crypto games on PC, Android and iOS from January to December increased by 35% – to 718,000 users. Market capitalization …
Continue reading “Top 9 Best Crypto Games With Actual Money Withdrawals in 2021”
The United Kingdom’s central bank is ramping up its research into a central bank digital currency (CBDC) with the selection of a long list of banking and fintech experts to assist it. On Sept. 29 the Bank of England announced the membership of its CBDC Engagement and Technology Forums and they include some big names …
Continue reading “Bank of England unveils all-star payments and tech lineup for CBDC Forums”
The Commodity Futures Trading Commission (CFTC) has charged 12 New York-based crypto options businesses with allegedly failing to register with the regulatory body. In a Sept. 29 press release, the CFTC outlined that it is charging 14 entities in total, with the 12 crypto-focused firms all on the hook for failing to register as futures …
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Layer two protocols have seen monumental growth this year and one of them has briefly surpassed the network it is a scaling solution for, in terms of active addresses. The number of daily active unique addresses on layer two aggregator Polygon has surpassed those on the high fee layer one Ethereum according to protocol co-founder …
Continue reading “Polygon briefly overtakes Ethereum for active addresses after 330% surge”
Twitter has unveiled an in-development tool that will enable users to display a verified NFT as their profile picture. Mada Aflak, a senior software engineer at Twitter, shared a video demonstrating functionality that allows users to add NFTs to their accounts. Users can simply edit their profile, connect a cryptocurrency wallet, and import their OpenSea …
Continue reading “Bragging rights: Twitter previews verification badge for NFT profile pics”
Top esports platform Rival has officially announced a tie-in with Cardano to facilitate an NFT platform showcasing franchises within the Rival stable. “Cardano will facilitate the sales of NFTs, the ability to create and distribute NFTs, the redemption of NFTs for physical goods and marketplace-based royalties within the Rival platform for its clients’ gaming communities, …
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US regulators should allow crypto adoption to run its course, according to Tesla CEO Elon Musk, who made an appearance at the Code Conference in Beverly Hills and responded to questions from New York Times columnist Kara Swisher. As he commented on China’s recent crypto ban, Musk argued that the US government should stay away …
Continue reading ““It’s not possible to destroy crypto,” says ‘Dogefather’ Elon Musk”
According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very little processing fees. Inexpensive Transfers & Speed: Bank …
Tesla CEO Elon Musk thinks governments should not try to regulate cryptocurrency. “I would say, do nothing,” he recommended. Musk believes that it is not possible to destroy crypto, but governments can “slow down its advancement.” Elon Musk Says Governments Should ‘Do Nothing’ and Leave Crypto Alone Tesla CEO Elon Musk discussed cryptocurrency and China …
