Archived Posts

The Colombian government has partnered with Ripple Labs, the firm behind the cryptocurrency XRP, to place land records on the blockchain as portion of a strategy to fix property allocation practices so unequal that they have contributed to decades of violent strife. The initiative, developed by Peersyst Technology, a blockchain development business, and Ripple, would   Read more...

In July 2022, miners of Bitcoin (BTC) recorded $555 million in revenue, as per data from The Block. In contrast, a month before, BTC miners posted revenues of $667 million. This represents a decline of more than one hundred million dollars, or 16.7 percent, in Bitcoin mining revenue. The income of miners stood at the   Read more...

Tiffany & Co. will transform non-fungible tokens (NFTs) into personalized pendants, joining other high-end fashion houses in their efforts to gain a strategic advantage in the web3 domain. The agreement has been finalized only with CryptoPunk, and holders of these NFTs will be able to convert them into personalized pendants comprising gems and diamonds. As   Read more...

A new law that would create the job of blockchain adviser for the US government has blockchain enthusiasts excited. Following a 243-147 vote on Thursday, the “CHIPS and Science Act” has overcome a congressional objection. All that is needed now is President Joe Biden’s signature, and observers believe the subsequent action will be simple. The   Read more...

Bloomberg cites Bodhi Pinkner, an analyst at Arca, as saying that the possibility of Ethereum replacing Bitcoin is “quite feasible.” Pinkner anticipated that the second-largest token will lose value after the expected merger in September. After several years of waiting, Ethereum will toggle from proof-of-work to proof-of-stake. Lucas Outumuro, a strategist at the cryptocurrency research   Read more...

According to Fidelity’s chief macro strategist Jurrien Timmer, Bitcoin (BTC) and Ethereum (ETH) have likely achieved a level of invulnerability to direct competitors. In a talk with Raoul Pal on Real Vision, Timmer likened Bitcoin and Ethereum to Apple’s business supremacy and vast market reach. “Metcalfe’s law states that as a network becomes bigger, its   Read more...

The US Federal Deposit Insurance Corporation (FDIC) has issued a public alert on its insured deposits. The group asserts that assets issued by non-banking institutions, such as crypto focused firms, are not insured. Friday, the Corporation encouraged banks in the United States to analyze and manage the risks posed by their third-party agreements with cryptocurrency   Read more...

Draper Associates, the firm of billionaire venture capitalist Tim Draper, as well as a number of other notable technology investors, including Holt Xchange, Holdun Household Office, Holdun Alternative Fund, Brendan Holt Dunn, Stage One Robotics, SDC Administration, Uniera, Skilled Dojo, and a number of different angel investors, have invested $11.5 million in the blockchain-based cybersecurity   Read more...

Shiba Inu (SHIB), one of the most well-known cryptocurrencies, has moved up the ranks of Ethereum whales’ holdings to become the second-largest holding, moving from seventh place. The amount of Shiba Inu that Ethereum whales possess has been growing lately; nevertheless, 69 percent of individuals who own the cryptocurrency that is now ranked 15th in   Read more...