The US infrastructure bill is moving a step closer to passing in Congress with zero changes to controversial language affecting the cryptocurrency industry. After a short standoff, House Democrats were narrowly able to pass a procedural motion allowing lawmakers to work on their version of the multi-trillion-dollar bill. Democrats agreed to push back the deadline …
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Electronic dance music producer and DJ Justin Blau, better known by his stage name 3LAU, has officially announced the launch of a blockchain-based music investment platform Royal. The announcement comes in conjunction with the platform raising $16 million in a seed funding round led by crypto-focused investment firm Paradigm and Peter Thiel’s Founders Fund, Forbes …
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A blockchain-based initiative from the United States Air Force will employ Constellation’s Hypergraph Network to provide data security with the Department of Defense’s commercial partners. In a Thursday announcement, Constellation said it had been working with Kinnami Software Corporation to develop an end-to-end data security solution using blockchain encryption and distributed data management for the …
The transition to a more digitalized society based on an information economy has created intense pressure for companies to rethink their intellectual property (IP) management. Intangible assets can represent more than 80% of the value in a firm’s balance sheet, and intellectual property in the United States is now worth over $6 trillion in gross …
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Recently, the Ethereum network reached a new staking milestone. On Aug. 17, the Ethereum 2.0 staking contract became the single largest holder of Ether (ETH), surpassing Wrapped Ether (WETH). According to data from Etherscan, the Eth2 deposit contract now holds over 7.14 million Ether tokens, valued at $23 billion at the time of writing. This …
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The Maharashtra State Warehousing Corporation or better known as the MSWC had undertaken a pilot project which was based on the use of blockchain technology that resulted in the farmers benefiting from being able to access their commodity funds a lot faster than they previously used to. This season, there are discussions going on to …
Since times immemorial, art has always been an integral part of human existence on this planet. Be it the million-year-old cave paintings lurking in some corner of a mountainous region or the giant, colossal structures like that of the Pyramids or the Stonehenge, that have become associated with our culture and identity, it is true …
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A popular cryptocurrency analyst says that Bitcoin, Cardano and the crypto markets at large are likely heading for a significant correction. The analyst, pseudonymously known as Capo, tells his 148,000 Twitter followers that Bitcoin (BTC) has reached a “local top” and could fall below the $40,000 price level. ADVERTISEMENT “I think BTC is done …
Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) completed its share unlockings this week, ending a major talking point both inside and outside crypto. Data from monitoring resource Bybt confirms that as of Aug. 26, no more unlockings are scheduled. Bitcoin shrugs off another FUD narrative Unlocking events at GBTC have continued throughout 2021, …
Major Bitcoin (BTC) ATM operators in the United States are joining forces to fight illicit activity related to Bitcoin ATMs. Bitcoin ATM operators DigitalMint and Coinsource have launched the Cryptocurrency Compliance Cooperative (CCC), a new association that aims to establish compliance standards for the Bitcoin ATM industry. The new compliance effort has launched with support from …
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Bitcoin (BTC) futures open interest has recovered to May levels, raising optimism about a potent bullish breakout move above $50,000. The total number of outstanding futures contracts on the Deribit exchange reached $1.37 billion on Monday, its highest level since May 27. Meanwhile, the difference between the Bitcoin spot rate and its futures contract price …
Supply chain management platform VeChain has announced a new service for combining businesses to overhaul their carbon footprint data management practices. The new service, detailed in a Medium post on Thursday, combines decentralized ledger technology with a software-as-a-service (SaaS) business model. The Digital Carbon Footprint SaaS Service “allows enterprise users to log key data and …
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Pyth Network, the first cross-chain oracle capable of delivering real-time, institutional-grade market data, has gone live yesterday on the Solana Mainnet, as per a release shared with CryptoSlate. With this launch, developers will be able to integrate Pyth’s real-time price feeds across new and existing decentralized finance (DeFi) platforms and applications. In addition to being …
The House Rules Committee has blocked infrastructure bill changes and voted 220-212 to lock in the procedure, with a resolution approved on Tuesday afternoon. The Committee that determines the rules of debate for bills lined up for a vote has agreed that the US House of Representatives will decide on the controversial $1 trillion infrastructure …
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Whales are moving massive amounts of Ethereum (ETH) as volatility in the crypto markets picks up. Large holders of the second-biggest crypto asset moved more than $500 million in ETH across 13 separate transactions on Tuesday and Wednesday. ADVERTISEMENT Among the largest single Ethereum whale transactions is a transfer of 28,272 ETH, worth more …
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