Jack Dorsey’s Block sees Bitcoin revenue grow 9% to $2.6B
Block’s Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period.
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Web3 projects aim to create engagement between fans and sports leagues
The multi-billion-dollar sports industry is undergoing a digital transformation and Web3 elements are likely to play a major role. This notion was highlighted in Deloitte’s “2022 Sports Industry Outlook” report, which predicts an acceleration in the blending of real and digital worlds, along with growing markets for nonfungible tokens (NFTs) and immersive technologies. According to the…
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US crypto exchanges give XRP listings a second chance after court ruling
After two years, Coinbase and Kraken said they will re-enable XRP trading, iTrustCapital announced it already relisted the token, and exchanges including Gemini may follow suit. 322 Total views 1 Total shares Following a victory in federal court against the United States Securities and Exchange Commission (SEC), Ripple Labs may see the XRP token returning…
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‘Hyper-deflationary’ network launches mainnet amid rising inflation
The AXIA native cryptocurrency becomes scarce as the activity or participation on the network increases. 148 Total views 29 Total shares AXIA, the team behind the novel message-to-earn approach of AXChat, announced the mainnet launch of its blockchain and native currency on Thursday. The new network is designed to provide a "hyper-deflationary" economic model in…
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WEF 2022: Most DeFi protocols aren’t really decentralized, says European Parliament VP
To properly regulate DeFi, we must first determine whether these protocols are actually decentralized, according to Eva Kaili. 232 Total views 3 Total shares Most decentralized finance (DeFi) protocols aren’t truly decentralized, which means we need proper regulations in place to understand the inner workings of this emerging technology, according to European Parliament vice president…
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Bank of Israel experiments with central bank digital currency smart contracts and privacy
The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital currency. 74 Total views 13 Total shares On Monday, the Bank of Israel released the results of a lab experiment that examined user privacy and the use of…
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German Blockchain Strategy Should Include Framework for Crypto Trading, Say Politicians
German parliamentary speakers have argued that the country’s blockchain strategy should include an appropriate legal framework for cryptocurrency trading and token issuance that would encourage the sector’s domestic development.The suggestion was put forward by the Union parties’ finance spokesperson Antje Tillmann and her colleague Matthias Hauer at a public hearing initiated by the Bundestag’s Finance…
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How a DAO for a bank or financial institution will look like
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Solana CEO hoses down claims network outages caused by on-chain voting
Solana Labs founder and CEO Anatoly Yakovenko said claims that Solana's network outages were caused by on-chain voting were born out of "pure ignorance." 562 Total views 1 Total shares Own this piece of history Collect this article as an NFTAnatoly Yakovenko, the founder and CEO of Solana Labs has downplayed claims that Solana's network…