BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
Metaverse Technology Company Peer Inc. Partners with Fresh Consulting to Bring the AR Metaverse to Market
Peer Inc., a metaverse technology company, has entered a new partnership with Seattle-based innovation agency Fresh Consulting. Peer will be working with Fresh to deliver on its vision of a gamified digital layer on top of the world, and support its mission to bring people and content into the metaverse. Fresh will provide an elite team of engineers, developers, designers, and strategists who build innovative end-to-end solutions for some of the world’s largest tech companies.
Huobi Partners with AstroPay to Provide Fiat-to-Crypto Payment Services in Latin America
Huobi Global has partnered with AstroPay to provide fiat-to-crypto payment services for cryptocurrency exchange users in Latin America.
Crypto Miner Bitdeer Buys Storage Facility Le Freeport for $28M
Crypto miner Bitdeer spent about $28.4 million in July to acquire Le Freeport, the highest-security storage facility in Singapore.
Australian Senator Bragg Releases New Draft on Digitial Assets
Australian Liberal Senator Andrew Bragg proposed a new draft of the titled Digital Assets (Market Regulation) Bill 2022, aimed at regulating digital asset exchanges.
Voyager to Receive $200m in Repayment of Loans from Alameda Research
Voyager Digital will receive about $200 million in repayment of loans from trading firm Alameda Research.
HSBC Undertakes Blockchain-based Trade Finance Transacntion for Automotive Sector in the Middle East
Through the blockchain technology supported by the Contour platform, HSBC conducted a trade finance transaction between SAIC Motor and Taajeer Group.
Pakistan Eyes Educating 1 Million Youths on Crypto and Web3
To expand the knowledge base of 1 million youths on blockchain-based technologies, crypto and web3, the Pakistan administration has partnered with Fasset and JazzCash through the Prime Minister’s Youth Program (PMYP).
Coinbase to Release New Fee Schedule
The new fee schedule will adjust tiers, and change the taker and maker fee structure for transaction tiers above $100,000-$1 million.
Huobi Global to List Inery Token on September 28th, 2022
Inery, a decentralized data system, announces the official listing of its token on Huobi Exchange is set to go live on September 28, 2022. Huobi Exchange is one of the world’s leading crypto exchanges, supporting over 1000 trading pairs and more than 600 cryptocurrencies.
Inery takes a different approach to decentralizing data and data management for both Web2 and Web3 companies while streamlining the shift to the decentralized web.
GRNGrid secures 50 million USD investment Commitment from GEM Digital
The GRN Association announced today that it has secured an investment totaling $50M for the GRNGrid project from GEM Digital Limited, a venture capital focused on digital currencies.