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New Developments Happening in the Blockchain Space - August 9th

Posted by Simon Keighley on August 09, 2021 - 7:55am

New Developments Happening in the Blockchain Space - August 9th

New Developments Happening in the Blockchain Space - August 9th

Mastercard Announces a Program Supporting Blockchain and Crypto Startups

Mastercard announced a corporate business focused on supporting blockchain and crypto startups.

During a press release on Tuesday, the international payment provider announced that it chose many startups to join its Start Path program focused on firms in the crypto space.

According to Mastercard, the program gives business opportunities, access to guidance. And many other things to help the startups succeed. Read More


 

PayPal set to launch crypto trading in the UK and may embrace DeFi

Global payments platform PayPal is looking toward the United Kingdom as the next market in which to expand its crypto trading services.

According to the company’s second-quarter earnings call on Wednesday, PayPal has done very well out of crypto trading for the period. CEO Dan Schulman stated that the U.K. is likely to be the next country where crypto trading is offered.

“Yeah, well, we continue to be really pleased with the momentum we're seeing on crypto. […] We're going to launch, hopefully, maybe even next month in the U.K., open up trading there.” Read More


 

Binance Makes The Decision To Ban Crypto Derivatives Trading In Europe

As Binance continues to be the main target of global regulators around the world, the crypto exchange has made a series of decisions in order to comply with regulation, the latest of which has seen Binance make the decision to ban crypto derivatives trading in Europe. Read More


 

dHEDGE scales up on Polygon, integrates with SushiSwap

dHEDGE’s v2 Polygon deployment boasts a SushiSwap integration enabling asset managers to access Sushi’s DEX and yield farming functionality.

Decentralized asset management protocol dHEDGE has launched its v2 deployment on Polygon. The new platform also boasts integration with the popular decentralized exchange SushiSwap.

Speaking exclusively to Cointelegraph, dHEDGE’s Henrik Andersson highlighted v2’s new Guarded Open Access Transactions (GOAT) framework, which enables v2 users to access whitelisted decentralized finance (DeFi) DApps whitelisted by the dHEDGE decentralized autonomous organization (DAO). Read More


 

NFTs are a game-changer for independent artists and musicians

The high value and unique rewards system that nonfungible tokens offer is a revolutionary and highly appealing opportunity for musicians.

The revolution will not be televised — it will be minted. Earlier this year, we saw the meteoric rise (and fall) of nonfungible tokens, or NFTs, in mainstream media and popular culture. We all heard about them, but was the hype real? Top businessmen and media moguls, such as Mark Cuban and Gary Vee, still strongly advocate NFT use and the role smart contracts will play in the near future, while each week new NFT exchanges and drops continue to roll out. Jay-Z’s Twitter profile picture is an NFT CryptoPunk.  Read More


 

MARKETHIVE’S NEW INTERFACE - AN INITIAL OVERVIEW ILLUSTRATED

An innovation that is set to change the way we work and interact online. 

The Markethive Social Market Broadcasting Network becomes more prominent daily as the blockchain-driven ecosystem for entrepreneurs with a non-adversarial, bi-partisan free speech ethic and the collaborative culture we rarely see on social media platforms today. Even the newer acclaimed free speech platforms are partisan to the left or right and deal with de-platforming and boycotts from payment providers. Read More

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High-performance protocol to bring cross-chain privacy to digital assets

This layer-two protocol says it is bringing cross-chain privacy to digital assets by enabling account balances and transaction amounts to be encrypted.

The Zecrey protocol enables account balances and transaction amounts to be encrypted — delivering anonymity and hiding relationships between senders and recipients. It also means that only an owner knows how much crypto is in their wallet.

Bridges to a number of blockchain platforms also ensure a number of digital assets can interact with each other, all while ensuring confidentiality isn’t compromised. This is thanks to the use of the customized Sigma protocol. Read More


 

Digitizing charity: We can do better at doing good

Blockchain technology won’t just make online donations easier, it will pave the way for exciting new forms of charity fundraising.

Change comes whether you’re ready or not, but being ready means you can seize the opportunity. The past year has accelerated the pace of digital transformation dramatically — sure, personal contact was already moving online, and contactless payments were slowly replacing cash, but the pandemic did not so much push as shove the world faster and farther than anyone expected. This creates specific challenges for the nonprofit sector — and with those, some exciting possibilities. Read More


 

Is Bitcoin Mining Finally Getting Greener?

Calls for Bitcoin mining to get more environmentally friendly have grown louder. There are signs of progress—which is what Elon Musk is looking to hear.

As the price of Bitcoin surged over the past year, so did the noise around the environmental impact of Bitcoin mining, an energy-intensive process in which large computers race to solve math problems and win the right to upload bundles of transaction data to the network. 

Bitcoin mining uses a method called Proof of Work (PoW), and it’s been no stranger to criticism from regulators and environmentalists. Their main contention is over the increasingly large amount of energy (computational power) PoW demands. That energy use has risen along with Bitcoin’s price since more lucrative miner incentives lead to more mining activity, which means more machines using more electricity. Read More


 

Paid to Play in the Metaverse – the Crypto-Based Future of Gaming

From Pong to PlayStation 5, the history of gaming is told through innovations. Certainly, graphical prowess and raw horsepower wow us all, but underneath the glittery sheen of ray tracing at 4K/120fps, there is always something more important to every game: how it plays. True innovation comes when the medium itself is pushed forward by mechanics or gameplay scenarios that change and inspire the way people conceive of game design. 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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