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New Developments Happening in the Blockchain Space - April 5th

Posted by Simon Keighley on April 05, 2022 - 7:26am

New Developments Happening in the Blockchain Space - April 5th

New Developments Happening in the Blockchain Space - April 5th

Image Source: Pixabay


Opera integrates Bitcoin, Solana, Polygon, and five other blockchains

Under the Crypto Browser project initiative, Opera’s multichain compatibility aims to ease the introduction of Web3 to more than 380 million mobile and desktop users worldwide.

Opera, one of the major crypto-friendly internet browsers, announced the integration of eight blockchains in a continued effort to introduce Web3 to more than 380 million mobile and desktop users worldwide.

In January 2022, Opera launched the Crypto Browser project, a Web3-focused initiative for facilitating navigation across decentralized applications (DApp), games, and metaverse platforms. As part of this initiative, the browser company added support for eight major blockchain ecosystems — Bitcoin, Solana, Polygon, StarkEx, Ronin, Celo, Nervos Network, and IXO.

Opera said in the announcement that its users now have access to the Polygon and Solana DApp ecosystems, as well as “the benefits of Layer 2 DeFi via StarkWare-powered DiversiFi.”

The latest integrations enable Opera users to access the Polygon proof-of-stake blockchain and Ethereum layer-2 ecosystem via StarkEx. Read More


 

Kitchen table Bitcoin: How should average investors approach crypto?

How should retail investors approach cryptocurrency investments? Are moonshots worth it at this point?

Cryptocurrencies have come a long way over the last few years, so much so that their market capitalization is now above the $2 trillion mark, and large businesses including Tesla and MicroStrategy have invested billions in Bitcoin (BTC).

While institutional investments in crypto assets have been growing over the last few years, discussion on how retail investors should approach cryptocurrency investments has dominated social media. While some advocate for all-or-nothing bets on small-cap altcoins, more conservative approaches include investing only in Bitcoin or gaining exposure via indexes.

Younger generations are more prone to investing in cryptocurrency, with surveys showing that 83% of millennial millionaires now own crypto. But, what about those who aren’t millionaires and are making average salaries? Should cryptocurrencies even be considered at all? Read More


 

This blockchain is using Bitcoin to offer a unique DeFi experience

This finance-focused startup wants to bring DeFi to the Bitcoin blockchain.

The crypto industry has come up with a lot to offer to the world, but there’s no denying that decentralized finance (DeFi) is one of the most valuable innovations to come from it. 

Thanks to the inherent decentralization provided by blockchain technology, DeFi gives users many of the benefits of traditional finance, such as generating a passive income through lending, but with one massive advantage: the removal of a third-party intermediary.

By removing an intermediary, DeFi users have more control over their financial processes. They can experience higher interest rates on-lent assets, facilitate a better deal when borrowing, or simply enjoy better returns on their tokenized savings. The possibilities are endless but also limited by many of the top DeFi networks out there. Read More


 

Solana NFT Platform Snowcrash Taps Civic to Combat Bots

Snowcrash says the goal of its partnership with Civic is to protect the users of the new platform.

  • Solana NFT marketplace Snowcrash is integrating identity verification protocol Civic Pass in a move to curb bot manipulation.

  • Snowcrash will use Civic Pass to solely focus on preventing bot spamming.

Snowcrash, a new NFT marketplace launching this spring built on the Solana blockchain, announced today it's integrating identity verification protocol Civic in a move to curb bot manipulation on the Snowcrash platform.

Launched November 2021 by Jesse Dylan, Walter De Brouwer, and Jeff Rosen, Snowcrash, named after the 1992 cyberpunk novel by Neal Stephenson, says using the Civic’s Civic Pass protocol is a way to protect artists and fans from bad actors looking to manipulate the NFT market. Civic Pass is a gatekeeper that requires users to complete a task before accessing a website. These tasks can take the form of completing a cAPTCHA or using an app to verify the user is a human and not a bot.

"Through a practice similar to ticket scalping, botting has plagued NFT mints,” Snowcrash co-founder Jesse Dylan said in a press release. “Civic elegantly resolves this issue for us by identifying human participants and prohibiting bot participation, giving our NFT partners and IP holders like Sony Music Entertainment and Universal Music Group peace of mind." Read More


 

The Central Hub Of The Markethive Economy - The Wallet

What Does The Wallet Do?  What Does It Mean For You? 

The launch of the Markethive wallet is approaching, so it’s time to start beating the proverbial drum. It is the start of an exciting time with the advent of many integrations to follow the release of the wallet that will bring Markethive into prominence as an unprecedented platform. The combination of inbound marketing, social media, digital broadcasting, video, conference rooms, e-commerce, gamification, etc. 

Markethive is a blockchain-driven crypto economy, all-inclusive, with a distributed database system required for this decentralized, monolithic global project. We’re almost there with the release of the wallet that will initiate entrepreneurial sovereignty and open the floodgates of this divine enterprise with its plethora of systems and services, including the new interface and dashboard. 

We now have a complete working wallet with the Solana Network, and we also have a fully functional crypto merchant account. The Markethive wallet is being polished with the finishing touches, keeping mindful that it’s not just a simple wallet but a comprehensive, dynamic engine centralized for you that powers your platform and business.

Markethive is fundamentally a sophisticated inbound marketing and storefront platform, integrated with a social network, and not just another social media platform you see popping up to counter the media tech giants we’ve come to know as oppressive, censoring you and using your personal data for their own gain. Read More


 

WisdomTree Expands Crypto Offerings in Europe, Launching Cardano, Polkadot & Solana ETPs

WisdomTree Investments, Inc., a New York-based exchange-traded fund and exchange-traded product provider and asset manager, announced on Tuesday that it has launched three new crypto exchange-traded products (ETPs) backed by Solana (SOL), Cardano (ADA), and Polkadot (DOT) in Europe.

The three new physically-backed cryptos ETPs include WisdomTree Solana (SOLW), WisdomTree Cardano (ADAW), and WisdomTree Polkadot (DOTW). WisdomTree said that it designed the ETPs to provide investors in Europe with another option to enable them to gain exposure to the price of Polkadot, Solana, and Cardano via regulated exchanges.

The firm disclosed that it has listed the three ETPs on major European digital exchanges, including Deutsche Boerse’s Xetra, the Swiss SIX exchange, and the Swiss Stock Exchange. WisdomTree further stated that it plans to list the crypto ETPs on the pan-European exchange Euronext to be available in Amsterdam and Paris at the end of the month. Read More


 

Visa launches immersion program to help creators build their business with NFTs

The Visa Creator Program is the latest in a string of initiatives that Visa has carried out as it targets the digital creator economy.

Visa announced the official launch of the Visa Creator Program, a one-year product strategy and mentorship program for entrepreneurs working in art, music, fashion and film who seek to accelerate their small business through nonfungible tokens, or NFTs. According to Visa, the goal of the Creator Program is to bring together a global cohort of digital creators and empower them on blockchain technology and NFT commerce via education.

Initially announced in October 2021, the program’s first Visa Creator is Micah Johnson, creator of the Aku World NFT community. Johnson is a former professional baseball player who retired after multiple injuries to become a visual artist in 2018. The NFT character “Aku” is a young, Black astronaut who has gone on to ink a film and TV deal and is considered the first NFT art piece to digitally travel to the International Space Station. Read More


 

Helium Crypto Wireless Network Founders Raise $200M, Rebrand to Nova Labs

Andreessen Horowitz, Seven Seven Six, Goodyear Ventures, Deutsche Telekom, and others are backing the latest crypto unicorn.

  • Helium Inc., the original creator of the Helium decentralized wireless network, is now valued at $1.2 billion after a $200 million round.

  • The firm will be known as Nova Labs going forward to help differentiate the team from the community-run, crypto-powered network.

Helium provides a unique use case for crypto tokens as a decentralized wireless network powered by token incentives—and the platform has surged in size over the last year. Now the founders and core contributors behind the network have raised significant new funding to keep building, albeit under a new name.

Today, Helium Inc. announced a $200 million Series D funding round performed at a pre-money valuation of $1 billion, bringing the firm’s updated valuation to $1.2 billion. The round was co-led by Tiger Global and Andreessen Horowitz’s a16z crypto fund.

The firm also announced it now will be known as Nova Labs, part of an effort to help alleviate confusion between the Helium decentralized network/project, the blockchain behind it, the Helium token (HNT), and the core team that started it all. Read More


 

Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups

On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders.

Gumi Cryptos Capital Reveals Fund II — Firm Will Invest $110 Million Into early-Stage Blockchain Startups

The blockchain-focused venture capital firm Gumi Cryptos Capital (GCC) has announced the launch of a $100 million fund that will be focused on blockchain concepts like decentralized finance (defi), game finance (gamefi), Web3, and other types of ideas being created by early-stage blockchain startups. In a statement sent to Bitcoin.com News, GCC’s managing partner Rui Zhang said: “Think of us as blockchain’s experienced, high-conviction, high trust, hands-on value-adding, long time preference, unicorn to megacorn, builder-focused all-in venture society.” Read More


 

Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.

 

 

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