Parity Technologies and Energy Web, a non-profit building operating systems for decarbonized energy grids, announced their joint plans to ”enable energy sector enterprises to run sovereign, customizable blockchains of their own or in partnership with other energy market participants”. According to the announcement, blockchains under the new Consortia Relay Chain will ”allow Energy Web market …
Yearly archives: 2021
Pro-Bitcoin Senator to Introduce Comprehensive Crypto Bill in US
The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer protections. The bill will also propose creating a new entity to oversee the digital asset market. Comprehensive Crypto Bill Coming up in US, Says Senator …
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Tesla CEO Elon Musk Reveals Why He’s Pro Dogecoin Amid Debate Over Web3, Ethereum, Decentralization
Tesla and Spacex CEO Elon Musk has explained why he’s pro dogecoin as the debate over web3, Ethereum, and decentralization intensifies. In the same conversation, former Twitter CEO Jack Dorsey insisted that he is not anti-ETH. “I’m anti-centralized, VC-owned, single point of failure, and corporate-controlled lies,” he stressed. Elon Musk Shares Why He’s Pro Doge …
By The Numbers: Here’s How Much Bitcoin Michael Saylor Holds 17.732 Worth 850Million
Michael Saylor is one of the most vocal supporters of bitcoin and is CEO of MicroStrategy, the company with the largest bitcoin holdings in the world. The CEO has always been a big proponent of the digital asset, taking both a personal and professional stake in the asset. Saylor had revealed in 2020 that he …
Ripple Had Its Strongest Year Ever Despite The Sec’s “Attack On Crypto”
Ripple Labs managed to stay strong in 2021 despite the Securities and Exchange Commission (SEC)’s “attack on crypto”, AKA the lawsuit against Ripple and its executives. Now the payments solutions company celebrates its “strongest year ever”. Ripple CEO Brad Garlinghouse announced the achievements and had some comments to share about the SEC’s case. Ripple’s first …
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Bitcoin Breaks $51k Again As 20k BTC Flows Out Of Exchanges
As Bitcoin once again breaks past the $51k mark, on-chain data suggests more than 20k BTC exited exchanges before this price move. Bitcoin Netflows Say Around 20k BTC Flowed Out Of All Exchanges Yesterday As pointed out by a CryptoQuant post, netflows amounted to 20k BTC exiting exchanges yesterday, the largest spike since September. The …
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Stellar Network Processes 1.8 Billion Transactions, Was 2021 Its Best Year Ever?
The Stellar Development Foundation (SDF) has published the end-of-year metrics for their ecosystem and the underlying network. Presented by Denelle Dixon, Executive Director, and CEO at the SDF, the metrics showed a significant increase across the board. Related Reading | How Stellar Will Host Ukraine’s CBDC Pilot Test With Tascombank In 2021, per the report …
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74% Of Bitcoin Holders Remain In Profit At Current Prices
Bitcoin price has dropped quite a bit from its $69,000 all-time high but it continues to maintain high values. Investors who have been in the market for a while are deep in profit, while a small minority are the only ones in loss. Nevertheless, it goes to show how much the digital asset has grown …
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Ethereum Competitor Polygon (MATIC) Signs Deal With Web Browser in Push to Onboard Millions of New Users
Ethereum (ETH) layer-2 solution Polygon (MATIC) is teaming up with a prominent software company to bring Web3 functions to its web browser. In a new blog post, Polygon details how it will be working together with Opera Software to bring decentralized applications (DApps) over to the Opera web browser. “Polygon is coming to the Opera …
Big Four Accounting Firm Enters the Metaverse With Purchase of Virtual Land in The Sandbox (SAND)
One of the biggest accounting firms in the world has ventured into the metaverse after purchasing virtual real estate on gaming blockchain The Sandbox (SAND). PwC Hong Kong, part of the global PricewaterhouseCoopers accounting empire, has become the first member of an internationally recognized professional services network to publicly buy virtual land on The Sandbox, …
5 cryptocurrency projects that made waves in 2021
2021 was a breakout year for the cryptocurrency market in many respects and most investors are absolutely thrilled that Bitcoin (BTC) price established a new all-time high of $68,789. In the same timeframe, Ether (ETH) went on a parabolic rally which saw its price gain 565% from Jan. 1 to hit a record high at …
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‘Twas the Night before Christmas: A Cointelegraph Story
‘Twas the night before Christmas, when all thro’ the Twittersphere Not a troll was stirring, not even a financier; The crypto was HODLed in cold storage with care, In hopes that Satoshi would soon reappear; The newbies avoided FUD and slept in their beds, While visions of lambos danc’d in their heads. And Pomp being …
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Senator Cynthia Lummis set to introduce a new crypto bill in next year
US Senator Cynthia Lummis is planning to introduce a comprehensive digital asset policy bill next year, Bloomberg reported earlier today. The bill would cover everything from stablecoins to taxes and introduce a new regulatory body tasked with overseeing the crypto market. Integrating Bitcoin into the US financial system The Republican senator from Wyoming has a …
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Bakkt president Adam White announces his departure from the platform
Adam White, the executive founder of Bakkt, has officially announced his departure from the digital assets platform. White took to Twitter to announce that he will be leaving Bakkt, where he served as a chief executive officer and president of the firm. White had joined Bakkt in 2018, after leaving Coinbase, where he served as …
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Nearly 50% of the blockchain industry’s usage comes from games
With more than 1.4 million Unique Active Wallets (UAW) connecting daily to blockchain games, they surpassed DeFi and became the industry’s leading category this year, according to the BGA Blockchain Game Report 2021, recently published by DappRadar. While game dapps accounted for 49% of the blockchain industry’s total usage, game NFTs recorded over $4.5 billion …
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