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Clearing the air: Renewably sourced Bitcoin may ensure a clean energy future
Crypto mining companies leveraging renewables may also have a much larger impact on clean energy for the environment.
Bitcoin (BTC) may be the last thing one might consider when thinking about ways to ensure a clean-energy future. This has especially become the case following a tweet sent by tech entrepreneur Elon Musk back in May, in which he stated that Tesla would stop accepting BTC payments due to the increasing usage of fossil fuels for mining.
Yet raising awareness around the high energy costs typically associated with Bitcoin mining didn’t negatively impact the crypto ecosystem — in fact, it did just the opposite. Read More
How DAOs Are Reshaping Investment
Decentralized autonomous organizations are the latest tool to democratize investing and exasperate the SEC. Here’s how they work.
Traditional funding organizations are often hierarchical, elitist, localized, and not very transparent. DAOs are the antithesis of this, made up of loose grassroots networks with anything from a handful to thousands of participants.
Radical transparency and anonymity are the norm. DAOs have no company HQ, or formal organization at the center—and consequently no one point of failure. Rules are written in open source code, and the decision-making processes are encoded into smart contracts which execute autonomously on a blockchain. Crucially, DAOs are designed to exist as communities that operate globally, which means a much bigger, richer playing field. Read More
One decentralized exchange is positioning itself as the UniSwap of Cardano with a suite of Cardano-tailored DeFi solutions
This platform aims to change the game with censorship-resistant DeFi on the Cardano Ecosystem.
As concerns around the use of the Ethereum blockchain rise, many have turned to the Cardano Ecosystem as a solution to the increasing fees and slower transactions that have resulted from the influx of users. ADAX founders have recognized Cardano for its scientific approach to smart contracts, which are believed to redefine the future of DeFi, with a new approach to doing business.
As a result, ADAX is stepping up to provide a suite of Cardano-tailored DeFi solutions and a trading venue that facilitates token swaps, NFT trading and more. Read More
The NFT Avatar Trend Is About Community
From punks to apes to cats to whales, the NFT avatar trend is more compelling than it might look to skeptics—a new form of online community building.
The media (both crypto media and mainstream media) declared NFTs dead in June, citing data that showed sales volume had dropped precipitously at the largest NFT sites. But now the market for blockchain-based digital collectibles has come roaring back (along with the price of Ethereum), especially one segment of the NFT boom that probably looks particularly bizarre to skeptical onlookers: cartoon animal collections. Read More
Vine’s Co-Founder Is Making Playable Video Games as Ethereum NFTs
Supdrive will serve up video game NFTs that you can actually play, with each edition possibly looking or playing differently than the rest.
We’ve seen interactive in-game items sold as NFTs, such as the cartoonish monsters from the surging Axie Infinity and LAND plots in the upcoming The Sandbox. But NFTs that are actual, playable video games? Now that’s something new.
That’s the vision behind Supdrive, a newly-revealed NFT project spearheaded by Dom Hofmann, best known as the co-founder of shuttered looping video service, Vine. Supdrive will be an “on-chain fantasy console” where the NFTs themselves serve as the games. If you own the game NFT, then you can play it via the “Supdrive Virtual Firmware” software. Read More
Polygon Links With Filecoin, How Users Will Benefit From Free Storage
Layer one network Polygon continues to expand and solidified its position in the crypto space. Recently, they announced a new partnership with Filecoin, a network that allows users to store and transfer data via a native marketplace.
The cooperation launched the Filecoin-Polygon Bridge, to increase their interoperability. Built by the Textile team, the bridge enables users to use any Polygon mainnet to connect with Filecoin’s storage and
(…) start storing data on Filecoin from any Polygon address without any conversions, signups, developer tokens, or secrets exchanged. Read More
The First In The Social Media Marketing Niche
Markethive is building an epic entrepreneurial ecosystem, never seen before and transcendent to other social media and marketing platforms. The transformation is enhanced with our release of the first of many initiatives being the Wheel Of Fortune and the launch of The Boost to follow soon after.
With Markethive now running on its own servers, with the security of Blockchain and its Hivecoin about to be released as a native fungible multi-asset token on Cardano, we have arrived as the first mega decentralized social platform marketing network with the mission is to deliver a decentralized and autonomous environment to the masses, that is not subject to the oppressive technocracy. Read More
Global Cryptocurrency Adoption Is ‘Skyrocketing,’ and This Country Is Leading the Way: Chainalysis
A new report from blockchain data platform Chainalysis indicates that crypto adoption is surging around the globe, with residents of one particular country leading the way.
Vietnam tops Chainalysis’ 2021 Global Crypto Adoption Index, with strong numbers in total cryptocurrency activity, on-chain retail value transferred, and peer-to-peer (P2P) exchange trade volume. Read More
United Wholesale Mortgage Announces Plans To Start Accepting Payments In Bitcoin
Homeowners are set to have another option when it comes to paying their mortgage, with United Wholesale Mortgage, the second-largest mortgage lender in the US, announcing plans to start accepting cryptocurrencies, more specifically Bitcoin, for home loan payments.
The news is a first for the mortgage industry in the US. The announcement comes barely weeks after the mortgage lending giant made its public debut, back in January. Read More
Concerns around data privacy are rising, and blockchain is the solution
A decentralized future, with Web 3.0 and blockchain at its core, will provide the best practices in users’ privacy and data protection.
Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only 21% of the respondents trust established global brands to keep their personal information secure.
As data privacy pressure on Big Tech increases, these companies are starting to make significant investments in security solutions. Read More
DeFi regulation must not kill the values behind decentralization
The rise of DeFi improves financial inclusion and should be allowed to flourish in a regulated, and thus protected, environment.
Cryptocurrency brought us peer-to-peer payments that continue to elevate participation in the global economy for millions of people without access to traditional banking services. The rise of decentralized finance (DeFi) promises to further expand access to financial services, including savings, lending, derivatives, asset management, and insurance products.
This innovation, which empowers financial inclusion, should be allowed to flourish in a regulated environment where individuals and institutions are protected and suspicious activity is identified and reported. But how do you regulate these decentralized products without completely removing the core attributes of financial inclusion and decentralization? Read More
Minting, distributing, and selling NFTs must involve copyright law
Nonfungible tokens would be problematic without the validation and verification of copyright ownership in the NFT-minting process.
The story of blockchain development in the cryptocurrency space is one of struggle against centralization and regulation. Cryptocurrency maximalists envision a “democratized” financial system, free from legislative control. NTFs grew out of this space and share some of this tendency to decouple from established institutions. With this decoupling of NFTs and copyright law, significant problems arise that affect both the purchasers of NFTs and the artists that create them. 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.
