News
Environmental data tracking and monitoring are critical to maintaining a healthy environment and sustaining the lives of humans and animals. However, the majority of the data available today are influenced by politics and corporations. Therefore, it is imperative that we have a data source that functions independently and outside the
As the institutional adoption of cryptocurrencies continues to gain momentum, Luizão Goulart, a member of Brazil’s Chamber of Deputies, has proposed a bill to make crypto payment options available for both public and private sector workers in the country. If the proposed bill is eventually approved, Brazilian workers would
Bank of Canada Governor Tiff Macklem has reaffirmed his view that Bitcoin should not be categorized as a currency because it lacks attributes to be used in transactions. While speaking with CTV news, the governor reiterated his skeptical stance on the digital asset. He noted that Bitcoin is not relevant
Despite the public outcry by crypto advocates over the hotly contested $1.2 Trillion Infrastructure Bill, the United States House of Reps has given a nod to the bipartisan bill. The decision of the house could introduce new levels of reporting and taxation requirements on the cryptocurrency sector in the
The Global Head of Equity at Jefferies, Christopher Wood, has joined the group of investors that are ditching gold for more Bitcoin exposure. He has reduced his position in gold to expand his investment in the world’s largest cryptocurrency. Wood believes that traditional financial institutions like banks should focus
According to the head of the People’s Bank of China’s Digital Currency Institute, Mu Changchun, the total number of individuals and institutions holding digital yuan wallets reached 140 million and 10 million, respectively at the end of October 2021. During the Hong Kong Fintech Week conference last week,
Mobile payment solutions provider Square Inc. has published its quarterly earnings report, which includes details of its Bitcoin profits. The firm confirmed that it realized $1.8 billion in Bitcoin revenue during Q3 2021, an 11% increase on a year-to-date basis. This translates to a gross profit of $42 million,
News
PolyDex has joined the Celo ecosystem, allowing the company to enter the blockchain space for mobile. Celo is part of the new wave of blockchains aiming to democratize finance and offer anyone a chance to participate in the ongoing market changes. The cooperation is not just one of a kind
Opinions
What makes a cryptocurrency investible? Obviously we can look at the traditional benchmarks: sensible value proposition, market opportunity, proven team, etc., but what about security and technical risk? If we were talking about a traditional software or Saas company, we would expect robust and multi-layered digital security protections including encryption,
Ethereum has seen seven consecutive days of deflationary issuance amid its impressive price rally alongside an increase in demand. The London hard fork laid the foundation for Ethereum’s negative supply through the introduction of a burning mechanism. In the past seven days, more Ethereum has been destroyed than has
Newly-elected New York City Mayor Eric Adams has made the decision to receive his first three paychecks in Bitcoin. Adams is going a step further than Miami Mayor Francisco Suarez, who also revealed on Tuesday that he would take his next paycheck in Bitcoin. Mayor Adams made the announcement via
News
Denxpro software LLC a software-based company has been offering its services to leading blockchain projects since 2013. Among the projects developed by Denxpro is the GLDX token. Denxpro recently announced the launch of its new, unique, and promising algorithm for the GLDX token. Unlike the algorithms of other tokens which
News
According to a recent press release, one of the most anticipated NFT projects, Avalanche Dogs, is set to be launched this November. In consortium with Kalao; the highest-selling NFT platform on the Avalanche Network, Avalanche Dogs non-fungible token collectibles will arrive right after the launch of the Kalao platform and,
News
PRüF protocol CEO Clifford Smyth announced a collaborative effort with Unstoppable Domains, opening the door to streamlined brand verification for PRüF assets and enhanced value for Unstoppable Domains clients. In addition to supporting login with Unstoppable domains, PRüF will be recognizing Unstoppable as a Verified Identity Provider, enabling domain holders
News
The decentralized finance (DeFi) market has witnessed massive growth in 2021, although the market experienced a pullback within the late first half of the year. However, with all that has happened, DeFi market growth has continued to soar to new highs. According to a report on Business Insider, DeFi is
News
Decentralized lending platform, Agile Finance announced the launch of its private token sale starting this November. The token sale aims to boost user engagement and raise funds for the development of the platform to offer the best lending service among the current decentralized exchanges (DEXs). Agile Finance is an algorithmic