Loading...

Shiba Inu drops by 20% after Elon Musk confesses not owning one

SHIB

TL;DR Breakdown SHIB crashed 20% after Elon Musk revealed he owns none of the SHIB tokens. Holders of the token rallied to support their coin, claiming it’s doing well without Musk. Shiba Inu (SHIB) experienced a 20% drop following the news that Elon Musk, founder of Tesla, doesn’t hold any $SHIB token. While responding to […]

Play-to-earn games stand as the future of the gaming industry

crypto and games

TL; DR Breakdown The online gaming industry is experiencing an evolution through blockchain-based play-to-earn games. This expanding addition to blockchain games appears to be the future of the gaming industry and a boost to crypto adoption. Recent research shows that the gaming industry will see a boost of over 9% in the next five years. […]

SHIB nearing an all-time high

SHIB

TL;DR Breakdown Robinhood has added Shiba Inu in its business study. The token rose over 20% following the progress. The Shiba Inu (SHIB) token has seen a recent spurt of activity. So, we may be witnessing the beginning of what could become another historic bull run. Additionally, the Robinhood application is contemplating listing this cryptocurrency […]

SHIBA INU: Moving the altcoin to $0.00003

SHIBA INU

TL;DR Breakdown SHIBA INU gets praised as supporters are urged to help the digital currency advance to the next high stage. Shibarmy to move the “DOGE killer” to the thirties. A few hours ago, the contender for U.S. Senate, Shannon Bray, posted a tweet branding himself as a staunch SHIBA INU supporter. The Libertarian aspirant […]

Metaverse: Lotte World opens up to the virtual world

Metaverse

TL; DR Breakdown Lotte World Adventure is opening a virtual replica on Naver’s Zepeto metaverse today at 6 pm KST. The launch will see zombified avatars roaming around the map and greeting guests. A popular South Korean amusement park, Lotte World Adventure, will open a virtual replica on Naver’s Zepeto metaverse. Lotte World Adventure’s “Magic […]

Binance moves a staggering $100B in single day trade – CZ

Binance

TL; DR Breakdown Binance reports moving a staggering $100 billion in a day’s trade. The figure is the exchange’s new all-time high (ATH). The firm’s chief executive officer Changpeng Zhao (CZ), broke the news in a tweet. This news coincides with its Binance Smart Chain reporting it had also hit an ATH of over 1.62 million active daily […]

Polkadot announces $770M funding as auctions are about to launch

Polkadot

TL; DR Breakdown A $776M development fund has been revealed as DOT’s parachain auctions are soon to launch. The funds could push inventors to invest in the Polkadot network. Polkadot (DOT) CEO Gavin Wood and co-founder of Ethereum has disclosed a $776M development fund. Wood revealed this as the network plans to launch network’s long-awaited […]

ProShares debuts trailblazing bitcoin ETF on NYSE

ProShares

TL;DR Breakdown ProShares gets the Security and Exchange Commission’s (SEC) nod to launch a Bitcoin (BTC)-linked exchange-traded fund (ETF). The trailblazing ETF will list on the New York Stock Exchange (NYSE) under the $BITO ticker. SEC’s approval falls short of the market that’s pushing for a BTC spot-based ETF. The US is lagging in approving […]

Leaders in innovation: MDS Mexico adopts blockchain to enhance healthcare

MDS

TL;DR Breakdown Utilizing digital ledger for ethical projects with high social responsibility. The coronavirus disease has brought the need for confidentiality in the provision of patient data. The MDS Mexico, a company dedicated to improving healthcare in Mexico, has introduced a modern covid-19 testing service. The health care provider that leads in innovation will use […]

Bakkt Holdings gears on towards listing on New York Stock Exchange

Bakkt

TL; DR Breakdown Bakkt, a cryptocurrency exchange, will go live on the New York Stock Exchange on October 18. The investment firm is making a splash with its recent alliances and mergers. This has helped advance the company’s corporate image just before going public. Cryptocurrency trading is becoming increasingly popular. Bakkt, an investment firm specializing […]

Could blockchain be rendering banks and brokers obsolete?

Phoenix Finance set to debut first DEX on Terra 2.0

TL: DR Breakdown ABN Amro releases a report suggesting that blockchain technology might make bank services obsolete. The protocol economy may be the future of financial services globally. The Netherlands-based bank ABN Amro recently released a report that suggested blockchain technology would render banks and related services needless. Its predictions state that more customers prefer […]

Polkadot’s parachain auctions are ready to take off

Polkadot

TL;DR Breakdown Polkadot proposes the periods of the parachain auctions. The Kusama parachain auctions have been a successful project. Polkadot parachains are now set to go live on its mainnet from early November. According to the executive team, the native asset of the Polkadot network will be used by the firm in the upcoming auctions. The […]

Crypto stake: New cryptocurrency for sports betting anywhere in the world

Crypto Stake

TL;DR Breakdown • Crypto stake development promises a fast deposit system with a competitive price.• The new token has an initial value of $0.05. Cryptocurrencies seem to be dominating a lot of industries, even ​​sports gambling with the rise of many enthusiasts. Crypto stake seems to be the driving force behind this new decentralized technology […]

Altura announces new smart NFT platform

Altura

TL;DR Breakdown • The Altura platform promises new features among NFT games.• The gaming platform will be linked to the Binance network. NFTs have been accepted all over the world but especially by online games lovers. Many players understand what NFTs are since this technology offers elements that traditional games do not provide. Altura is […]

PP promotes mortgage crypto payments

crypto payments

TL;DR Breakdown • PP trusts crypto payments and the Blockchain network for the financial sector.• Spain could show a new panorama in which they would support cryptocurrencies for companies. Crypto payments could increase in the coming weeks after the PP group announcement regarding the mortgage service. The organization that has supported crypto wants to use […]

2021 Metaverse Uprising – Why there’s a growth explosion in virtual land realm

Metaverse Uprising Why there s a growth explosion in virtual land realm

TL;DR Breakdown Metaverses are taking over the internet as virtual land sales boom Virtual worlds are powering the NFT economy with massive sales in 2021 Metaverses are all the rage right now! Non-fungible tokens are making a big comeback in 2021. It seems everyone is realizing the massive potential of metaverses and want to tap […]

NFT art galleries: future of art or another exaggeration?

NFT art galleries

TL;DR Breakdown NFT art galleries have opened up in a lot of places as lockdown gets lifted. NFT industry has already crossed $500-million. Bitcoin 2021 conference hosted over 30 artists, displaying their art in NFT art galleries. NFT or non-fungible tokens are now a part of the blockchain industry. This means that with the growth […]

Smart contracts gain traction, posing a threat to traditional finance means

Smart contracts

TL;DR Breakdown Smart contracts are a crossover between technology and law. In recent reports, a huge increase in smart contract adoption is seen. The surge in the adoption of these contracts poses a challenge to law practitioners. Smart contracts are those codes that are written into a blockchain. These lines of code are executed when […]

The U.S. government needs to focus on the digital dollar and blockchain – BRI report

digital dollar

TL;DR Breakdown The U.S. needs a digital dollar, BRI’s chief executive says.  The world is entering a new era of mainly blockchain systems and transactions.  According to reports, the U.S. economy would benefit enormously from the government prioritizing the digital dollar creation. The new administration is urged to implement new technologies in blockchain and have […]

Australia’s blockchain community needs regulators’ support – Blockchain Australia CEO

Australia s blockchain

TL;DR Breakdown Regulators should be actively involved in the development of blockchain in Australia, the CEO laments.  Australia’s blockchain sector should embrace similar moves by the US and other counterparts.  According to Steve Vallas, CEO of Blockchain Australia, Australia’s blockchain needs support from top regulators and financial bodies, as well as the federal government. The support, he […]

Tokyo Stock Exchange to get a blockchain-based rival in 2022

Polkadot testnet

TL;DR Breakdown  SBI Holdings and SMFG partners to build a blockchain-based rival for Tokyo Stock Exchange. The new exchange would be the first Japanese exchange to allow investors trade on digital securities via blockchain. Nikkei Publication has reported that a new stock exchange is being developed by two of the top Asian financial institutions, SBI […]

Preparing for massive FinTech Marketing demands in 2021

fintech marketing

Introduction Why would there be a massive demand for marketing with the FinTech world? That’s a pretty interesting question because if you look at the current trends that we have, there are more and more FinTech companies coming in every single day.  This was not the case in the past. Even 10 years ago, five […]

Thales to integrate blockchain to meet NATO standards

Thales to integrate blockchain to meet NATO standards

French aerospace and defense giant, the Thales Group, is now using blockchain technology to digitalize its systems to meet the standards of NATO and other business associates of the company. According to an official announcement, Thales is interested in using technologies such as Big Data and blockchain to digitalize and streamline its services. The company […]

Ethereum satellite set for launch

CDDD F C DD D BD

Ethereum based blockchain satellite to be launched on November 20. This is a first of its kind in the history of space communication. A record is about to be set as Villanova University College of Engineering. Having partnered with the non-profit organization, Teachers in Space, together, they are set to launch the first-ever blockchain-backed inter-satellite […]

ASX blockchain clearing system delayed for launching until 2023

blockchain

The Australian Securities Exchange has further delayed the launching of its blockchain clearing system until 2023. The planned blockchain platform is expected to replace the Australian old clearing system, CHESS. For years now, the Australian Securities Exchange or ASX has been seeking to replace its old clearing system, the CHESS. The Australian bourse operator initially […]

Siemens is launching blockchain electricity trading platform in Germany

blockchain

Germany is getting its first blockchain electricity trading platform. The platform is being developed by one of the leading tech giants, Siemens. It no longer news that blockchain technology has a lot of potentials, as it is being harnessed across several industries to boost and modernize operations. Today, the Munich-headquartered German multinational conglomerate company, Siemens, […]

Ant Group launches copyright protection network on blockchain

blockchain

Ant Group has launched a copyright protection platform on blockchain for content makers. The digital platform is being powered by the company’s native blockchain, AntChain. Ant Group, the fintech subsidiary of the Chinese Alibaba Group, has launched a copyright protection network for content creators. The service is powered by the company’s blockchain known as AntChain, […]

CasperLabs token sale raises $14 million from select investors

CasperLabs token sale raises million from select investors

Casper Network’s creator CasperLabs recently conducted a private token sale raising $14 from investors. CasperLabs token sale saw participation from various industry players including Consensus Capital and RockTree Capital. The proof-of-stake network will conduct a public token sale in the near future. Ethereum’s rival The Casper Network is a proof-of-stake blockchain that enables developers to […]

DeFi data set to improve Javascript smart contracts

coding

Smart contract platform, Agoric, launches data integration with Chainlink The integration is expected to improve reaction speeds and product development Agoric allows users to build DeFi apps with Javascript rather than blockchain native languages Agoric, a smart contract platform built on Javascript, has announced a collaboration with Chainklink to improve its services. Chainlink is important […]

Blockchain-based elections proposed by new Kyrgyzstan prime minister

coding

Sadyr Japarov looks to blockchain-based elections to improve voter turnout Kyrgyzstan Prime minister promises fair elections to come The acting President of Kyrgyzstan has proposed the Central Election Commission incorporate blockchain technology after recent elections were marred by vote-buying. Sadyr Japarov, acting President and also prime minister, only received his latest office of state on […]

Kava launches a DeFi platform for non-Ethereum assets

virtual voting

Kava launches Harvest App to support non-Ethereum backed tokens Popular Decentralized Finance platform, Kava, has announced its first app, Harvest, which would help to improve the benefits of crypto assets that, hitherto, would be unable to access DeFi. The Harvest app which is the first of its kind in the world as it is a […]

Will blockchain boost Germany’s energy economy?

nick chong ON ryil C k unsplash

Germany is looking to blockchain companies to change its energy economy. The Deutsche Energie-Agentur (DENA), the leading governmental group that controls Germany’s energy innovation, plans to decentralize its energy ecosystem. The Blockchain Machine Identity Ledger (BMIL) is among DENA’s three major projects for Germany’s energy division. An October 13th blog post reports, “The project will […]

Cardano to release Goguen roadmap in late-October

Cardano to release Goguen roadmap in late October

Cardano, founder, and CEO of IOHK, Charles Hoskinson, conducted a surprise “Ask me anything (AMA)” session to reveal details about the project’s future, including the much-awaited Goguen Roadmap. Hoskinson stated that the Goguen roadmap would be released on October 29 and revealed other details about the upgrade. Cardano’s Goguen Roadmap According to Hoskinson, Goguen will […]

Thailand’s government savings bond launches on IBM Blockchain

blockchain

A publication on Monday has informed that the BOT, Thailand’s central bank, has launched a government savings bonds platform on IBM blockchain. The development follows the partnership between IBM blockchain, BOT, and seven other institutions in the country. The development will facilitate the processes of bond issuance for the local investor, including the issuers. Thailand […]

IBM Food Trust partner Rolar de Cuyo for Olive oil traceability on Blockchain

olive oil

Blockchain technology has unarguably proven to be vital in the food supply-chain traceability. In recent months, IBM Food Trust and other blockchain platforms have helped to bring more trust and transparency for many food items. Today, the IBM Food Trust is bring brought olive oil to the blockchain trend following a partnership with Rolar de […]

Blockstack integrates Chainlink to power Clarity smart contracts

Blockstack integrates Chainlink to power Clarity smart contracts

Blockstack integrates Chainlink oracle solution to power its Clarity smart contracts. In a blog post, Blockstack’s marketing partner Mitchell Cuevas state that Blockstack developers will soon be able to utilize Chainlin’s oracle technology. Blockstack integrates Chainlink In the post, Cuevas explained the details regarding Chainlink’s integration as well as the upcoming Stacks 2.0 mainnet launch. […]

Ethereum scalability and speed issues edges SingularityNET towards Cardano

Ethereum scalability

SingularityNET has announced that it would make a partial move away from the Ethereum Blockchain stating Ethereum scalability issues as the main push. With the partial move away due to happen anytime soon, SingularityNET has said that it is looking at the possibility of shifting to the Cardano blockchain.  A move to the Cardano blockchain […]

IOTA Access partners with Jaguar Land Rover

crypto ban

IOTA has announced its partnership with Jaguar Land Rover and other firms in a bid to unveil its newest innovation, IOTA Access. According to IOTA, the new software is an infrastructure that is used to gain entrance into the control systems of various smart devices via its open-source infrastructure. If the launch of the new […]

Blockchain patent application in China soars to over 4,000

blockchain

Chinese companies have filed over 4,000 Blockchain patents. China now holds half of all Blockchain-related patents filed so far. Countries around the world are increasingly exploring potential use cases for Blockchain.  Blockchain technology developments in the Republic of China have since risen significantly, especially after President Xi Jinping’s official endorsement. Additionally, the number of Blockchain […]

Cryptopolitan
Subscribe to CryptoPolitan