Bitcoin Runes records 15.6M NFT transactions in 4 months
Bitcoin Runes, a leading NFT protocol, generated $162.4 million in fees with over 15.6 million transactions, showing potential for a long-term market impact.
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S. Korea’s Top Telephone Company Reveals Its Own Blockchain Network
State-owned KT Corporation, South Korea’s largest telephone company, has announced the launch of its blockchain-powered commercial network. The firm has built a blockchain layer on top of its existing nationwide network in order to make it “more secure and transparent,” according to an article by The Korea Herald published Tuesday, July 24. The news outlet…
Decentralized identity: Proving it’s really you in the 21st Century
by Andrew Singer 14 min December 7, 2022 “An NFT of a diploma in your crypto wallet, for instance, would turn into a permanent academic certification.” One-quarter of the global populace is going to be spending at least an hour a day in the metaverse by 2026, according to tech consulting firm Gartner, for shopping,…
All the world’s Bitcoin can only pay 2.43% of $30T US national debt
The United States’ national debt has passed $30 trillion — and even all the Bitcoin (BTC) in the world would hardly touch it.According to the latest official statistics, U.S. national debt is at levels never seen before, passing the psychological $30-trillion barrier for the first time this week.Bitcoin is worth less than 3% of U.S.…
Earth Day 2020: Industries Turn to Blockchain to Track Carbon Emissions
As the world celebrates the 50th anniversary of Earth Day, a number of industries appear to be looking toward blockchain to address one of today’s largest global threats: climate change. The Paris Agreement, which was signed into effect in 2016, addressed the long-term goal to keep a global temperature rise to less than two degrees…
IEEE Blockchain Identity of Things standardization working group kicks off
Major players from technology and crypto ecosystems participate in a new group to standardize blockchain. Six worldwide corporations have banded together to start the IEEE blockchain Identity of Things standardization. According to IEEE Chair of the Identity of Things Working Group Dr. Xinxin Fan, researchers from Lockheed Martin, Ericsson, Lenovo, Huawei, Bosch, IoTeX and China…
Curve Finance soft liquidation works, but CRV plunges 28%
Curve Finance’s LLAMMA successfully handled liquidation during a hack attempt, but the CRV token fell by 28%, sparking concerns in the DeFi community.
Uptrend Broken? Bitcoin Tumbles Below $10K as Greed Hits 6-Month High
Bitcoin (BTC) has fallen below its landmark $10,000 price point after failing to break $10,500 resistance, mimicking a similar $300 drop earlier this week. Crypto market 1-day price chart. Source: Coin360Bitcoin drops to $9,800sCoin360 and Cointelegraph Markets data show Bitcoin has fallen below the $10,000 big-even, to a press time price of $9,884. “Good response by the…
Pinned below $11K, Bitcoin price plays second fiddle to Uniswap (UNI)
Bitcoin price still faces resistance at $11K as traders turn their attention to DeFi-tokens like Uniswap (UNI). As the weekend begins, Bitcoin (BTC) price continues to fluctuate between the $10,800-$11,000 range. Cryptocurrency daily market performance snapshot. Source: Coin360Some analysts would say the digital asset has lost momentum but a quick glance at the 1-hour or 4-hour…