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.
The ReserveBlock Protocol Launches Mainnet Beta with Web-Wallet for over 2,300 Validators
ReserveBlock RBX, the first open-source decentralized NFT Centric Blockchain that enables true peer-to-peer operability for the validating, minting, and trading of NFTs with or without the need of a centralized authority, announced that the protocol has achieved mainnet beta after seven months of testnet and achieving consistent stability amongst the validators on the network.
Coinbase Confirms No Risk Exposure to Bankrupt Crypto Firms
Nasdaq-listed cryptocurrency exchange Coinbase said in an announcement Wednesday that it had no risk-free exposure to bankrupt crypto firms including Celsius, Three Arrows Capital, and Voyager Digital.
DeFi Project HUMAN Protocol Launches Routing Protocol for Data Contribution
DeFi project HUMAN Protocol launched a new blockchain coordination layer called Routing Protocol, which aims to improve the data contribution function on the blockchain.
Square Enix to Launch Final Fantasy VII NFT Collection
Final Fantasy game creator Square Enix has announced plans to launch a non-fungible token (NFT) project related to the game franchise.
Bitcoin Price Rally Stalls, Falls below $23,000 amid 75% of BTC Sold by Tesla
After briefly breaking the $24,000 mark, Bitcoin fell below 23,000 to 22,895.94, at the time of writing, after announcing that Tesla had sold 75% of its bitcoin position.
Minecraft Won't Allow Integration with NFT, Says Developer Mojang Studios
Mojang Studios, the sandbox video game Minecraft developer, has stated that it will not support NFT integration with Minecraft.
Asia-focused multi-currency stablecoin protocol, Bluejay Finance, raises $2.9M in funding
Bluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects like Ribbon Finance, Flux, Voltz, and Alpha Venture Dao. Bluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects like Ribbon Finance, Flux, Voltz, and Alpha Venture Dao.
Ethereum Scaling Solution zkSync to Launch Mainnet in 3 Months
Ethereum Layer 2 scaling solution zkSync announced that it will be going live on mainnet in the coming three months.
14,000 BTC Transferred as Record High since 2021 due to 'Miner Capitulation'
According to data from blockchain analytics firm CryptoQuant, bitcoin miners have transferred 14,000 bitcoins over the past few weeks, the highest number of bitcoins sold since January 2021.
Aave Integrates with Pocket Network for Dapps Development
Aave announced integration with the distributed network of over 44,000 nodes on the Pocket Network to enhance decentralized application development.