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Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm
The stock exchange of Gibraltar, a British territory, has received a purchase offer by a blockchain firm called Valereum. The purchase, that is set to occur in the new year, if effective, might make the Gibraltar Stock Exchange the first bourse where cryptocurrencies and stocks could be traded with cryptocurrencies. Regulators are currently reviewing this offer.
Gibraltar might make history as the territory in which the first mixed bourse, with crypto assets and stocks available for investors, operates. The main bourse of the British territory, the Gibraltar Stock Exchange, has received a purchase offer from Valereum, a blockchain firm. The firm, which is based in Gibraltar, would be seeking to acquire 80% of the said bourse, with its actual owner, the Global Stock Exchange Group, keeping 20% of the company. Read More
VCs don't understand that Cardano has a community: Charles Hoskinson
Hoskinson also highlighted the need to change Silicon Valley’s “bizarre mantra of move fast and break things” in crypto, which caused losses of $10.5 billion in the decentralized finance (DeFi) space in 2021.
In a recent YouTube video, Charles Hoskinson highlighted the rapid growth of the Cardano (ADA) ecosystem while clarifying the concerns raised by other members of the crypto community over the past year.
“We live in a world where arbitrary groups of people get to be fact-checkers and decide what's legitimate,” said Hoskinson while speaking about the government’s perception of cryptocurrencies. He pointed out that a vast majority of financial crimes are done with the U.S. dollar or other fiat currencies.
According to Hoskinson, the growth of the crypto ecosystem this year might be slower than 2022:
“It's hard to argue with the $2.5 trillion industry and imagine where that's going to go. I think we're just going to digest as an industry the consequences for better or worse of becoming so big so quickly.” Read More
The next age of the internet could suck power away from Big Tech while living on the same backbone as cryptocurrencies. Here's what to know about Web3.
Web3 is the next generation of the internet and will exist on the blockchain.
It will be decentralized, meaning it won't be controlled entities like Facebook or Google.
Twitter, GameStop, Reddit, and VC firm a16z are all putting resources into building Web3.
In the next era of the internet, you won't have a social account for each platform.
Instead, you'll have a single social account, able to move with it from Facebook and Twitter to Google, shopping websites, and more.
Your moves may be cataloged on the same digital backbone that supports cryptocurrencies like bitcoin — blockchain — instead of massive corporate servers like Amazon Web Services. And this new iteration of the internet won't be controlled by a central power, meaning no single entity will govern it as Facebook, Google, and others govern their own empires.
Welcome to Web3, the successor to Web2 — which is what we're in now, where tech giants hold the majority control of the market. Web1 spawned Web2 when we went from merely reading information on web pages to a more social internet. Read More
Polygon Quietly Patched Vulnerability That Put $24 Billion in MATIC at Risk
Disaster was narrowly averted by DeFi protocol Polygon—but one attacker was able to make off with nearly $2 million in MATIC using the exploit.
A “critical” vulnerability that risked $24 billion in user funds was quietly patched earlier this month by developers at Polygon, a scaling framework for Ethereum—though not before one attacker was able to steal $1.8 million in Polygon’s MATIC token.
The exploit was shared by white hat hackers on bug bounty platform ImmuneFi on December 3. An upgrade was initiated within 48 hours and, in a blog post on Wednesday, the Polygon team explained that they chose not to reveal the incident until it was patched.
“Considering the nature of this upgrade, it had to be executed without attracting too much attention,” they wrote. Read More
Wallet in final draft mode
Staking the Markethive Way
Staying One Step Ahead
Markethive started out as a sophisticated inbound marketing platform with a social media interface harvesting a robust collaborative culture. The entrepreneurs of the Markethive community have been using the free system and tools, promoting their businesses, and branding themselves across the internet with much success.
With the advent of Blockchain technologies, Markethive set its path on an unprecedented journey of combining marketing, social media, digital broadcasting, e-commerce, gamification, etc., with cryptocurrency and decentralized Blockchain, distributed ledger technology. An ongoing project of massive proportion to deliver sovereignty, financial and self, and freedom of self-expression for all equitably, without bias.
Markethive is a Vision from the Divine Source. Its mission is to fill the vacuum for the world's entrepreneurs - To empower and enrich the lives of every individual on every level across the globe. And the timing couldn’t be more perfect as we witness the soul-less destruction, tyranny, and surveillance of humanity gift wrapped and delivered to us as protection and for our own good.
We are building an ecosystem, and there’s an absolute need and use for our coin (HVC) for everything we do; therefore, the potential for the open market to accept and embrace HiveCoin is very promising. Read More
Cardano became the most developed crypto project on GitHub in 2021 — Santiment
It's has been a little over three months since Cardano’s Alonzo fork was implemented, but the blockchain is already gaining significant traction among developers.
According to data compiled by CryptoRank and Santiment, Cardano was the most developed crypto project on GitHub in 2021, with over 140,000 events.
Rounding out the top three were Kusama and Polkadot at second and third places, respectively, with roughly the same number of events over the year. Cardano beat Ethereum’s development activity by a wide margin, with the latter coming in fourth place. Santiment defines a GitHub event as either creating an issue, creating a pull request, commenting on an issue or pull request or forking/starring/watching a code repository, among others. Read More
Layer One Blockchains Decoupling From Bitcoin
The leading layer one blockchains by transaction volume and total value locked (TVL) are starting to ignore the general Bitcoin price movement, and have risen strongly against the number one cryptocurrency over a number of months.
Up to recently, the crypto space had always followed the same trend, whereby Bitcoin has moved the strongest, followed by Ethereum, and then the rest of the altcoins.
However, this pattern is now starting to turn on its head and change significantly. Bitcoin still generally dominates most of the small-cap alts, but various layer one blockchains are breaking the mold and are moving so strongly against Bitcoin that they are tipping the BTC dominance in their favour. Read More
Samsung uses blockchain technology to address climate change
The Galaxy phone maker will lead a tree-planting initiative in Madagascar and track it using distributed ledger technology.
Samsung Electronics America announced Monday at the CES Tech Conference in Las Vegas its partnership with veritree, a blockchain-based climate solutions platform, to plant 2 million mangrove trees in Madagascar over the next three months. veritree uses blockchain technology to manage the reforestation process and verify each tree that is planted.
The tree-planting initiative is part of Samsung’s nature-based action plan on environmental sustainability, specifically to capture and sequester carbon dioxide (CO2) from the atmosphere. The goal is to restore roughly 200 hectares of land and sequester roughly 1 billion pounds of CO2 over a 25-year period.
Veritree, developed by tentree, a sustainable apparel company that plants 10 trees for every item of clothing sold, will handle the logistics. Built as an accounting system, veritree attempts to provide greater transparency of the entire process from field-level data collection, site planning, tree inventory, and impact monitoring. Tree planters use their phones to track trees that a sponsor has paid to plant, essentially creating a digital map of the corresponding digital trees. Read More
Lightning Speed: Taproot And The Lightning Network, A Match Made In Heaven
A little more than two months ago, Taproot went live. What does the biggest update to the Bitcoin network in years bring to the table? How can it help the increasingly popular Lightning Network? That’s exactly what the article we’re about to summarize is about. It starts by informing us that “Bitcoin even has a scripting language,” and that it’s called Script.
“Taproot is a combination of three Bitcoin Improvement Proposals (BIPs) that enhance this scripting infrastructure: BIP340 – Schnorr, BIP341- Taproot and BIP342 – Tapscript. The key of Taproot that unlocks all the others is the introduction of Schnorr Signatures, which allow for key and signature aggregation. This means that multiple parties are able combine their keys to a single public key, thereby allowing them to sign a single message.” Read More
The Future Of Music & The Blockchain…
The music industry is filled with billions of dollars and generations of wealth, and as time changes so does the way people buy music. The blockchain has a solution to guiding the music industry in a new path that will shape the new age.
Let’s look at how crypto and music can form partnerships in the blockchain to give power back to the artist.
The growing world of NFTs has shown us a preview of how music can find a new way of business via the blockchain. NFTs (non-fungible tokens) have become one of the new ways that artists can sell their own personal work. On top of that, investors now become holders of the same art, and as it grows in value, so does their investment.
Many artists have been able to sell their music as NFTs, including big names like Tory Lanez – when he partnered with a platform called E-NFT to release his new album When It’s Dark as an NFT. On the day of Lanez NFT launch, he posted a video to Twitter saying that the album sold one million copies in under a minute and that one of his NFTs had already been flipped for $50,000. Even producers have entered the mix with artists like Kaelin Ellis and Murda Beatz. Read More
[2022 Outlook] Top 5 expectations from the blockchain and Web 3.0 industry
Rapid innovation, development, and adoption in Web 3.0 in 2021 has provided an impetus for consumers, brands, institutions, and governments to invest heavily in the space in 2022. Here’s a look at some of the major expectations.
The year 2021 has been a landmark year for the global blockchain segment, right from cryptocurrency going mainstream to an influx of capital into Web 3.0, blockchain scaling efforts, and Metaverse becoming the latest buzzword.
2022 could capitalize on this current momentum and widespread interest in Web 3.0 technology and see rapid adoption across applications built on blockchain.
Here’s a look at some key expectations in the blockchain segment from 2022. 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.
