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New Developments Happening in the Blockchain Space - August 16th

Posted by Simon Keighley on August 16, 2021 - 7:49am

New Developments Happening in the Blockchain Space - August 16th

New Developments Happening in the Blockchain Space - August 16th

Marvel to Launch Spider-Man NFTs This Week — NFT Comic, 'Super-D Figures' to Follow

The Orbis Veve App and Marvel to Launch the First Spider-Man Statue NFTs

This week, Spider-Man and non-fungible token (NFT) fans will be able to purchase and interact with a set of five unique digital statues of Marvel’s Spider-Man on August 7 at 8 a.m. (PT). Bitcoin.com News reported on Marvel Entertainment’s partnership with Orbis at the end of June. “The Spider-Man series drop is the first of many digital statues, digital comic books, and other digital collectibles in Veve’s Marvel Month initiative,” the announcement details. Read More


 

Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum

On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization provider. The gold-backed ERC20 tokens called “kitco gold (KGLD)” “represent one true, troy ounce of fine gold,” according to Kitco. Read More


 

Coming Cardano Update Could Be Game-Changer for Fifth-Largest Crypto Asset: Coin Bureau

A popular market analyst says that he believes Cardano’s forthcoming update could be a game-changer for the fifth-largest cryptocurrency by market cap.

The pseudonymous head of Coin Bureau, who goes by the simple name “Guy,” tells his 1.2 million YouTube subscribers that he expects the next few weeks to be exciting with several major projects in the space, including Cardano (ADA), set to reach major milestones. Read More


 

Ethereum’s Highly Awaited “London Hard Fork” Is Now Alive

In the past, there has always been a challenging customer experience for Ethereum users. The blockchain has been facing a long-standing scalability problem with a highly unpredictable network and exorbitant transaction fees, which have not been sustainable to most retail traders and sometimes annoy its biggest fans.

In recent months, the problem has worsened, thanks to the increased interest in nonfungible tokens, mostly built on Ethereum’s blockchain, and the explosive growth of the decentralized finance (DeFi) platforms, which mainly use the blockchain.

Thursday’s changes to the code are designed to fix most of such problems by destroying or “burning” Ether coins and changing the way transactions fees function so that they are more predictable. Read More


 

LedgerMail Announced A Unique Blockchain-Powered Decentralized Email Service Platform

LedgerMail is the world’s first decentralized Email Solution with an aim of protecting Digital Rights of Email users in a decentralized way

LedgerMail is the Pingala Software powered, most prominent, and world’s first Decentralized Email Service that combines the power of blockchain, XDPoS consensus, cryptographic algorithms, and zero trust mechanism with a mission of Protecting Digital Rights of Email users in a decentralized manner. Read More


 

How Blockchain Will Enable The World's First Equitable Data Economy

If browsing the internet doesn’t seem as fun as it did in the past, that’s because it isn’t. It’s work.

In our data-based economy, interacting on social networks, filling out surveys, reading news stories online, and clicking the Buy button on e-commerce sites all count as “data labor,” according to a range of economists, universities, and other organizations surveyed by MIT Technology Review and Omidyar Network. Read More


 

A New Internet In The Making Thwarting Centralized Entities

Decentralization Empowering People

We live in an increasingly interconnected world with 4.66 billion people connected via the internet. We pay each other, share data, and communicate with each other within seconds. This is all seemingly wonderful, but the truth is we are not connected with each other.  Instead, we are connected to centralized multinational companies and data merchants we are forced to trust with everything we do.

It’s a scary reality that most people are living in today; however, decentralization is the future. The transition from centralized platforms to decentralized ones is going to be the most profound and disruptive change we’ll ever see in our lives.

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What is decentralized finance? An expert on bitcoins and blockchains explains the risks and rewards of DeFi

Fervent proponents of cryptocurrencies and the blockchains they run on have promised a lot.

To them, these technologies represent salvation from corporate power over the internet, government intrusions on liberty, poverty, and virtually everything else that ails society.

But so far, the reality has mostly involved financial speculation with popular cryptocurrencies like bitcoin and dogecoin, which soar and plunge with alarming regularity.

So what are cryptocurrencies and blockchain good for? Read More


 

Crypto social governance will lead to online freedom

The new era of social media platforms must uphold the values of decentralization, democratization, and transparency.

The saying, “Everything in moderation, including moderation,” has taken on new meaning since Facebook outsourced responsibility for content moderation to its Oversight Board following the violent events that occurred at the United States Capitol back on Jan. 6, 2021. First conceived in November 2018 as Facebook’s “Supreme Court” for public appeals, the social media giant’s Oversight Board was officially enacted on Oct. 22, 2020. Read More


 

Synthetic bananas? This DeFi project lets users tokenize any asset imaginable on Ethereum

The more synthetic assets created and traded on Ethereum, the faster it will become a true global settlement layer, says a DeFi project that enables their creation from anyone, anywhere.

Conjure Finance allows users to tokenize any financial asset on Ethereum and Layer 2 blockchains. The permissionless protocol lets users create their own synthetic assets for currencies, tokens from other blockchains, FX baskets and indices, and even the more unexpected real-world commodities such as bananas. Read More


 

Ethereum 2.0: What Is It and Why Is It So Important?

Ethereum began as a spark in the eye of co-founder Vitalik Buterin’s back in 2013. That’s when he released the whitepaper for the project, though the Ethereum network wouldn’t see the light of day until 2015.

In between, there was the Ether sale in 2014, which is when early buyers could scoop up some of the now second-biggest cryptocurrency using bitcoin. Back then, Ether fueled the Ethereum network as a payment method for transactions on the network, and years later it stills serves that purpose. Read More


 

Why You Should Pay Attention To Mythical Beings In The NFT Space

Non-fungible tokens are a booming industry, as numerous projects continue to gain traction quickly. Mythical Beings, a mythology-oriented NFT collection, is one of the projects that seem to fly under most people's radars. It is a bit surprising, considering how the card packs are very accessible and affordable, and its overall volume is seemingly on the rise. 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 other advice.

 

 

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