x
Life Clips Inc (OTCMKTS: LCLP) Powerful Move on Blockchain Technology & Digital Asset Exchange Solutions Operator Belfrics Group Acquisition
Life Clips Inc (OTCMKTS: LCLP) is making a powerful move up the charts on record volume after the Company announced it has agreed to acquire Belfrics Group a global blockchain technology firm that runs cryptocurrency exchanges on its proprietary platform. LCLP is under heavy accumulation and moving up quickly with momentum.
The stock is emerging as among the most actively searched and talked about stocks in small caps trading over $30 million in dollar volume on Monday alone. LCLP is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars. Currently, on a collision course with $0.0619 LCLP is stretching its legs for a blue-sky breakout! Read More
Ransomware Attacks: Does Blockchain Assist Or Desist?
UCD assistant professor Dr. Nima Afraz talked about how cyber attacks could be prevented by blockchain technology as well as how it could be used to create smart contract-based ransomware.
The rise of blockchain and cryptocurrencies has resulted in a growing surge of ransomware attacks globally. The untraceable nature of cryptocurrencies like Bitcoin has paved the way for cybercriminals to extort large amounts of money without leaving a trail. Additionally, blockchain technology could be used to fully automate these ransomware attacks and navigate the lack of trust between cybercriminals. Read More
MakerDAO to dissolve Foundation and become truly decentralized again
Pioneering decentralized finance protocol, MakerDAO, has announced its foundation will formally dissolve in the coming months, marking one of the final milestones in the protocol’s roadmap to decentralized governance.
A July 20 blog post describes Maker’s decentralized autonomous organization, or DAO, as now being “fully self-sufficient” — with its globally distributed community “now responsible for every aspect of the Maker protocol.”
“Complete decentralization of Maker means that future development and operation of the Protocol and the DAO will be determined by thousands or perhaps millions of engaged, enthusiastic community members, all determined to extend the benefits of digital currency to people across the globe.” Read More
Crypto.com deploys its Ethereum Virtual Machine chain testnet
Running on a proof-of-authority consensus algorithm, Cronos is powered by Ethermint, a proof-of-stake chain interoperable with Ethereum and EVM-compatible chains.
The Crypto.com chain testnet allowing projects built on Ethereum to transfer over to its ecosystem from chains compatible with Ethereum Virtual Machine is now live.
In a Tuesday announcement, Crypto.com said it had launched the testnet for its Ethereum Virtual Machine, or EVM, chain called Cronos, running in parallel to the Crypto.org chain. The chain is aimed at providing developers the ability to move projects from Ethereum and EVM-compatible chains to the Crypto.org ecosystem, giving users greater access to DeFi features like smart contracts. Read More
Mastercard’s latest partnership to help banks distribute crypto cards
The partnership is aimed toward simplifying cryptocurrency-to-fiat conversions within Mastercard's existing payment network.
American fintech giant Mastercard has announced plans to revamp its crypto card program, to enable traditional banks and crypto companies to offer cards to its users for transacting with digital assets.
According to the official statement: “Mastercard and its partners will test this new capability to enable more banks and crypto companies to offer a card option to people wanting to spend their digital assets anywhere Mastercard is accepted.” Read More
Ethereum DeFi Pioneer Maker Foundation Is Shutting Down, DAO Will Take Over
MakerDAO has taken over control of the Ethereum-based Maker protocol and its associated cryptocurrencies, MKR and DAI.
Making good on a promise, Maker Foundation CEO Rune Christensen announced today that the Ethereum-based DeFi protocol he created is now in the hands of others.
"MakerDAO is now completely decentralized," Christensen wrote in a blog post, continuing: "The DAO is now self-sufficient and the Maker Foundation has fulfilled its bootstrapping responsibilities. The Foundation will formally dissolve within the next few months." Read More
The Multi-Dimensional Communication Hub - Personal Branding For You and Your Business
Your profile and Bio page is the place to start upon joining Markethive and a perfect way to introduce and brand yourself. It is a multi-dimensional Communication Hub, where you access your blog posts, groups, videos, and tracking statistics. It also displays your badges and hive rank achievements, and your friends are all central to your profile.
On a side note, there is no limit to the size of your friends' database. In other words, you can have an unlimited number of friends, unlike other social networks where they are capped at 5000.
Your profile page settings are where you access your Social network connectivity hub, Hive Rank statistics, The Vault, Banner Advertising, and very important, where you create and edit your Bio.
Your profile can be public, meaning everyone can view it. Also, when someone goes to your profile page, your BIO page is what they land on first, providing you have created one. They can then navigate to your “Recent Activity” page to see what you’re posting. Read More
Circle Reveals Backing Behind Its Dollar-Pegged Cryptocurrency USDC
Today, Circle, the company behind the stablecoin USDC, revealed the reserves that back the dollar-pegged token.
In a blog post today, stablecoin issuer Circle revealed the various sources of backing that underpin its stablecoin USDC.
Stablecoins are pegged to the price of a fiat currency—in this case, the U.S. dollar—using matching currency-denominated assets that are held in segregated accounts by the issuer. The total value of assets held in these accounts must be equal to (or greater than) the number of the issuer’s stablecoins currently in circulation. Read More
One Crypto Sector Set To Disrupt Entire Financial System and Global Business Models, Says Macro Guru Raoul Pal
Macro analyst and Real Vision CEO Raoul Pal believes one particular sector of crypto will restructure finance and global business operations.
In a new interview on Real Vision, Pal makes the case for non-fungible tokens (NFTs), claiming that the breakthrough of tokenizing real-world assets will completely reshape the way we conduct business.
“Basically, I have for a long time been talking about [how] we can tokenize everything conceptually. NFTs were the breakthrough. That was the token that you can tokenize anything on… Read More
US Government Offers Crypto Bounty To Combat State-Sponsored Cybercrimes
The US government says those who offer information that helps fight malicious online activity can now get paid in cryptocurrency.
A statement by the US Department of State says that their Rewards for Justice (RFJ) program is offering up to $10 million for assistance in identifying or locating state-sponsored cybercriminals targeting critical US infrastructure.
The statement adds that the reward can be paid in crypto assets.
“The RFJ program also is working with interagency partners to enable the rapid processing of information as well as the possible relocation of and payment of rewards to sources. Reward payments may include payments in cryptocurrency.” Read More
Nifty Comedians NFT Platform to Launch on Polygon!
Another platform announced launching on Polygon. Nifty Comedians is the latest NFT platform to decide to launch on the Polygon blockchain. The NFT platform wants to benefit from the fast speed and low gas fees on Polygon.
Nifty Comedians focuses on funny NFTs and plans to become the first place of visits for users who want comedy clips, podcasts, and even jokes in NFT format. It focuses on a niche but popular market that can become a successful plan in the long term. Read More
Neon Labs Deploys Ethereum Virtual Machine(EVM) on Solana Testnet
Blockchain solutions developer Neon Labs announced on Tuesday that it has deployed its cross-chain Ethereum Virtual machine(EVM) solution on the Solana testnet. The move allows any decentralized application(DApp) on the Ethereum network to have access to Solana’s high throughput and lower gas prices without needing changes to its existing codebase. Read More
Iotex Is Making Moves - The New Leader In IoT And Blockchain
The blockchain industry is seeing immense growth and development. Given how new the field is, every IoT company is looking to innovate and improve on existing tech.
This desire to constantly develop better technology is apparent in the merging between IoT and blockchain. And when an estimated 100 billion devices are expected to be connected to the internet by 2050, this demonstrates that the potential of blockchain and IoT fusion is truly vast.
Today, there have been significant strides to improve blockchain and IoT interconnectivity, with the company IOTEX fully taking the initiative to innovate through a variety of updates. This article will describe the updates to the IoT and blockchain space as well as the improvements that IOTEX has made via the 1.3 update released this week. 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.
