Archived Posts

This week, Quantum Blockchain Technologies PLC (AIM:QBT) has begun mining Bitcoins using the standard implementation of the SHA-256 algorithm, after a period of simulated testing. This decision was made by the company after the conclusion of simulation testing. Real-time data is essential to populating the corporation’s existing Big Data database, the primary objective of this   Read more...

Crypto Valley Venture Capital (CV VC), located in Switzerland, has announced the formation of a fund to help blockchain firms in Africa while they are in their early stages of development. A total of one hundred new businesses will each get between ten and fifty million dollars from the structure as an investment over the   Read more...

According to the CEO of the Chinese government-backed blockchain firm Blockchain-Based Service Network (BSN), as Beijing promotes blockchain technology, the company is now in the planning process of its first big global expansion. Blockchain-based Service Network (BSN) promotes itself as a “one-stop superstore” for the deployment of cloud-based blockchain apps, which is a procedure that   Read more...

The top smart contract enabled blockchain Ethereum (ETH) remains a dominating force in the NFT sector, which has recorded aggregate sales of $36 billion. Specifically, Ethereum holds a market share of 75%. Other major blockchains commanding considerable market share in NFT sales include Ronin ($4 billion), Flow ($1 billion), Polygon ($591 million), Tezos ($40.4 million),   Read more...

Polygon blockchain, which is a layer-2 scaling solution of Ethereum blockchain, has entered into a partnership with Tokenology and MSP Recovery to roll out LifeChain, a unique healthcare claims solution. Specifically, LifeChain will make use of blockchain technology to resolve healthcare’s important issues, including rip-offs, incompetence in payments, and obsolete procedures. MSP Recovery and Tokenology   Read more...

Customers in the United States may now trade shares on the cryptocurrency exchange known as FTX US. On May 19, it made the announcement that some consumers will now be able to trade stocks and ETFs. As a result of this action, FTX US has established itself as the first cryptocurrency exchange to go into   Read more...

Wayru, a decentralized network with the goal of providing an affordable WiFi alternative in under-served regions, has successfully concluded a seed round of fundraising in the amount of $1.96 million, headed by the venture capital company Borderless Capital. The investment will be used to fund working capital needs as well as marketing costs for the   Read more...

The act of playing computer games may now be considered an investment due to the fact that gamers have the opportunity to make money while playing. The first blockchain gaming guild in Hong Kong, known as “Guild 22,” has started up its operations, and the 22nd of May has been designated as “Guild 22 Day.”   Read more...

Montreal, Quebec (Canada)-based blockchain technology provider mPowered has partnered with Newfoundland-headquartered startup company ocean Set to assist in preserving the ocean habitat by creating the first-ever data marketplace structured particularly for ocean-linked info. mPowered offers a Web3 technology platform that aids entities to venture into data commercialization by leveraging blockchain technologies that promote the open   Read more...