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.
Argo Blockchain Announces 1st Quarter Financial Results
Argo Blockchain has released its financial report for the first quarter of 2022. It showed total quarterly revenue of $19.52 million, up from $17.84 million in the same period last year, attributed to an increase in hash rate over the past year.
Goldman CEO "Big Believer" in Blockchain
David Solomon, the Chief Executive Officer of Goldman Sachs, has said he is a big believer in the technology that underpins cryptocurrencies.
STEPN Commits to Donate $100,000 Monthly towards Carbon Removal
Move-to-earn Web3 running application STEPN has made a commitment to donate $100,000 monthly towards carbon removal as part of its Earth Day goals.
Aventis to Become Asia's 1st Graduate School to Enter Metaverse
Aventis Graduate School unveiled its metaverse roadmap and become Asia's first graduate school to enter the metaverse.
Animoca Brands, Blowfish Studios Announces Closure of Planet Private Sale for Phantom Galaxies
Animoca Brands and Blowfish Studios announced the closure of Planet Private Sale. The Planet Private Sale for Phantom Galaxies sold 7,734 Planets and Asteroids (“Planets”), a kind of NFTs, for a total of US$19.3 million.
Blockchain Intelligence Group Launches Data Evaluation Support for Dogecoin and Dash
Blockchain Intelligence Group "BIG", the cryptocurrency compliance and real-time intelligence subsidiary of BIGG Digital Assets Inc., adds the Dash and Dogecoin cryptocurrencies to its ecosystem of data tools that can be tracked and risk assessed by exchanges, banks, and law enforcement.
Spotify Says Testing New Feature to Allow Artists Promote NFTs
Music streaming platform Spotify is planning to add support for NFTs in the future.
Is the Luna stablecoin crash a sign of the entire industry's death?
It is impossible to tell for sure whether the dump was a deliberate act, who stood behind it, or what its purpose was. Transparency in Terra's actions could shed light on these questions.
Crypto Firm Elwood Technologies Raises $70M in Series A Round
American investment banking giant, Goldman Sachs, and Barclays invest in global fintech crypto company Elwood Technologies. The company is valued at up to $500 million after the financing, according to the report from Financial Times.
Australian Crypto Market Tanks on the Arrival of Bitcoin and Ethereum EFTs
Australia’s digital currency exchanges began trading funds on Thursday amid a breakdown in the digital tokens.