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.
1 Billion Crypto Users Projected by 2030, Study Shows
According to a joint study by Boston Consulting Group (BCG), Bitget and Foresight Ventures, the total number of cryptocurrency users will reach 1 billion by 2030.
Blockchain Infrastructure Firm Chain Completes Acquisition of MDT for $100m
Chain announced that the $100 million deal will provide the company with assets, including MDT, cash-back application RewardMe and financial data protocol MeFi.
Coinbase's 'Nano' Bitcoin Futures Product Surges amid Declining Trading Volume
Coinbase's new derivatives unit is capturing the interest of new retail traders who are eyeing the crypto exchange's "nano" bitcoin product amid the company's collapsing trading volumes.
Israeli Team Finest Expand ESports Collaboration To Tezos NFT’s And Blockchain Adoption
Today, Team Finest is pleased to announce the organization has renewed its collaboration with Tezos Israel to build their first NFT on the energy-efficient Tezos blockchain. This one-year renewal of the contract will make history as Team Finest becomes the first eSports club in Israel to produce NFTs for its fans.
Private Crypto Wallet Accredited To Accept New Users in Midst Of Utility Token Rollout
Accredited Finance, the cost-effective Web 3 solution for digital asset management, is accepting new sign-ups for its uniquely tailored TradFi-to-DeFi digital asset custodian as a way to expand its platform during its ecosystem token launch.
Caduceus Partners With Lord Botham To Launch Cricket Into The Metaverse
Cutting-edge Metaverse blockchain tech company Caduceus has partnered with British sporting legend Lord Botham to launch an exclusive new NFT collection on the Light Cycle platform.
This bold move from the cricketing Hall of Famer introduces the world of cricket to the metaverse for the first time and showcases the endless possibilities of web3 technology.
BlockFi Total Loan Tops $1.8B With a $600M Net Risk Exposure in Q2
BlockFi, a major crypto lending firm based in New Jersey, officially disclosed a total loan of $1.8 billion and a net unsecured exposure of $600 million by the end of the second quarter of 2022.
Zero-gas DeFi Ecosystem XODEX Launches its Testnet
The zero-fee DeFi Ecosystem XODEX has announced the launch of its XODEX testnet, which will allow developers to integrate and transition their code deployed on the XODEX mainnet to the final implementation.
Crypto Exchange ZipmexX Resumes Withdrawals for Trade Wallet
ZipmexX, Asia's leading digital asset exchange, said in an announcement Friday that it has resumed withdrawals on Trade Wallet in Thailand, and said it will resume withdrawals in other countries tonight.
Bitcoin Miner Compass Mining Establishes 75 MW Hosting Partnership with Compute North
Compass Mining, a Bitcoin mining hosting and brokerage services firm based in Delaware, US, announced the completion of a partnership with colocation provider Compute North to secure at least 75 megawatts (MW) of energy capacity for its TIER 0™ data center in Granbury, Texas.