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Ethereum Merge Testing Successful On Kiln Testnet
The Ethereum Foundation announced that the Merge was successfully completed on the Kiln testnet, an announcement that many in the Ethereum community would feel is music to their ears. The Kiln testnet is the final public testnet before Ethereum finally transitions to Proof-of-Stake later this year.
The successful “Merge” on the Kiln testnet was completed on the 15th of March, according to blockchain data available on the testnet. The event was hailed as a landmark occasion by Ethereum developers and the community. With the successful completion of the test, the Beacon chain has successfully merged with the Kiln Testnet.
Ethereum Developer Tim Beiko stated, “Post-merge blocks are being produced by validators, and they contain transactions!” Kiln is the last Merge testnet, after which all existing public testnets are upgraded. The Ethereum Foundation commented on the development, stating,
“This merge signals the culmination of six years of research and development in Ethereum and will result in a more secure network, predictable block times, and a 99.98%+ reduction in power use when it is released on mainnet later in 2022.” Read More
Blockchain gamers see playing NFT games as a potential full-time job, says new survey
NFT gaming platform Balthazar's chief executive said that “many are ready to quit their other jobs to play NFT games instead.”
Despite the fall of nonfungible token (NFT) prices, play-to-earn NFT gaming carries on as more people see it as a potential way to make a living.
In a survey conducted in the Philippines, 32% of the respondents said they would quit or consider quitting if NFT games allowed them to go full-time. John Stefanidis, the CEO of NFT gaming platform Balthazar, said that he’s “not surprised by the findings.”
“Many are ready to quit their other jobs to play NFT games instead, as they could potentially be earning the same, if not more from playing NFT games.”
Jesus Dawal Jr., a Filipino gamer, told Cointelegraph that at the moment, the earnings in NFT games are not enough. “There is no doubt that blockchain gaming is a revolutionary concept, but at the moment, I don't think it will be enough to support me financially by itself,” said Dawal. However, he also notes that he’s ready to jump in when the ecosystem develops more. Read More
Coinbase enables users to fund wallets from Chrome browser extension
It's an especially simplified process for American and Canadian Coinbase users, who can use their debit cards for transfers.
On Wednesday, Coinbase launched a new feature, dubbed "Coinbase Pay," that enables its clients to fund their Coinbase Wallets directly from a Chrome browser extension. According to its staff, Coinbase Pay intends to make it intuitive for anyone to participate in decentralized finance, or DeFi, swap tokens on decentralized exchanges, or DEXs, and purchase nonfungible tokens, or NFTs, in just a few clicks. Specifically, they wrote:
"Before Coinbase Pay, users who wanted to add funds to their Coinbase Wallet from the browser extension needed to navigate to Coinbase.com, sign in to their account, copy-paste their wallet address, and manually transfer funds from their Coinbase account. The process was not only cumbersome, but also left the user vulnerable to user error."
With Coinbase Pay, one would simply need to select the currency to add to one's wallet on Chrome, specify the amount and confirm the transaction. "No more switching between apps, copy-pasting addresses and manually transferring funds," the staff at Coinbase wrote. Read More
‘We don’t like our money’: The story of the CFA and Bitcoin in Africa
African crypto experts and entrepreneurs explain why the CFA franc is an uncomfortable currency and why Bitcoin is making waves as a replacement.
Nearly 150 million people use the franc of the Financial Community of Africa (CFA) on a daily basis, from Senegal in the extreme west to Gabon in the center of the continent.
Used in 14 countries, the CFA franc is pegged to the euro, printed in France, and its monetary policy is controlled by Western powers. As Fodé Diop, a Bitcoin (BTC) Lightning developer hailing from Senegal details, “The IMF and the French government still control the currency.”
While the official peg to the euro is 1 euro to 655.96 CFA francs, its purchasing power has eroded over time. In 1994, the World Bank devalued the CFA franc against the French franc from 1:50 to 1:100. That year, West Africans woke up to realize the value of their life savings had been slashed in half. Read More
HVC is poised to triumph in the crypto economy.
Markethive is a monolithic blockchain project currently operating as a social network, an entire inbound marketing platform with email, blogging, and digital media capabilities that broadcast to the vast internet. It’s a complete Market Network and the first of its kind.
Markethive is predominantly a free system where users can access a platform that can cost more than $2,500 offered by other marketing platforms. There are, of course, upgrades that open up more tools and monetization opportunities, the first being the Entrepreneur One Loyalty Program, and coming soon is the Premium Upgrade.
The many domains Markethive has and its autonomous cloud systems that ensure its sovereignty and longevity make it untouchable and immune from the tech giants’ rule and biased agenda. But can still remotely infiltrate the social media platforms and reach the multitudes either locked in or looking for an alternative meritocratic medium.
In other words, wherever you go, Markethive is there, anywhere and everywhere, delivering its message via its community of entrepreneurs to a far-reaching audience. This next-generation social market media is poised in the wings, and when the time is right, it will emerge as a shining light to lift people up and bring financial sovereignty and hope in this gloomy and uncertain world.
The video platform, conference rooms, the unique four specific news feeds currently in development, and many other projects and incentives add to the credibility and need for an ecosystem in the social media and digital marketing space. Read More
Aussie fintech to offer mainstream direct access to DeFi with a fixed rate
Taking the “heavy lifting” out of DeFi — Block Earner has received $6.4 million in seed funding and is ready to offer fixed yields from Aave and Compound to Australian investors.
Australian fintech company Block Earner has officially gone live, offering everyday investors a 7% fixed rate investment product by utilizing decentralized finance (DeFi) technology.
Block Earner has already attracted attention from big names in the crypto industry, finalizing a $6.4 million seed funding round in December last year. It was led by Framework Ventures and joined by Coinbase Ventures, DeFi Alliance, LongHash Ventures, and crypto veteran Kain Warwick, the founder of Synthetix, an Australia-based crypto derivatives exchange.
Jordan Momtazi, the co-founder of Block Earner, said in an interview to Cointelegraph that Australia’s current economic climate makes products that offer yields on savings attractive, especially when it is practically impossible to achieve similar returns using methods offered by traditional financial institutions. Read More
New Job Openings at Spotify Indicate a Move to Web3 Technology
According to two newly posted vacancies, the music streaming platform Spotify is planning to add Web3 experts to its workforce.
Spotify is looking for Web3-centric candidates to add to its workforce, according to two job openings posted online.
The first vacancy is for a "Senior Backend Engineer," who will "facilitate collaboration with product, insights, and design to uncover the next growth opportunity leveraging new technologies, like Web3."
Spotify is also on the hunt for a Senior Manager to form part of the Innovation and Market Intelligence team.
The ideal candidate will have "expert familiarity with emerging trends," especially when it comes to Web3 and "emerging technology industries."
It's still unclear, however, what exactly Spotify is planning in regards to specific crypto-related products or if it would integrate NFTs onto the platform. Read More
LeoFinance Founder Khal Kazi Discusses PolyCub and How DeFi and Web3 Can Change Your Life
The LeoFinance Team began its blockchain journey three years ago when they built the tokenized social app called LeoFinance.io, which became the backbone of a much bigger Web3 Ecosystem that has continuously evolved and expanded within the crypto world driven by two core values: creating opportunity for users and expanding the width and depth of the community.
Khaleel Kazi is the Founder of LeoFinance. Khal is a DeFi entrepreneur that is building and launching DeFi apps and innovating on the bleeding edge of the cryptocurrency space. He recently joined the Bitcoin.com News Podcast to discuss the market: Listen to the podcast
What Are the Four Different Types of Blockchain
You’ve probably heard a lot about blockchain, and you’re curious to know more. Knowing the types of blockchain is the first step to learning more about its applications. If you’re one of the many interested in blockchain types, you’ve landed on the right page.
As you read further, you’ll get insight into the blockchain, its types, advantages, and disadvantages of each.
It’s no news that this technology has evolved to affect several aspects of financial transactions. With its growth came the need to have different blockchain types. The following are types of blockchain and their pros and cons.
Public
Private
Hybrid
Consortium 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.
