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Ripple Launches New Product That Allows Financial Service Firms To Offer Crypto Trading
Ripple Labs is moving towards a “crypto-first future” with a new product allowing traditional financial institutions to offer cryptocurrency services to their customers.
In a new press release, the San Francisco-based payments company announced their newest product called the Ripple Liquidity Hub.
“[It is] a groundbreaking new way for enterprises to easily and efficiently source digital assets from the broader crypto market.
As a crypto liquidity platform built for the enterprise, it will unleash the potential to access deep liquidity within markets, accelerating the shift to crypto.” Read More
The city of Philadelphia rolls out its own blockchain initiative
City officials said they are seeking comments from crypto innovators on how to integrate blockchain within the municipal government.
The city of Philadelphia’s chief innovation officer, Mark Wheeler, announced an initiative on Monday to bring blockchain technology to city government. The project has invited people working in the blockchain and smart contract space to contact staff working on the project to see how crypto technology could be useful within municipal government. Wheeler tweeted that he was inspired by the blockchain-forward efforts of Miami, where Mayor Francis Suarez has touted city-specific crypto tokens as a potential replacement for taxes and has opted to receive his next paycheck in Bitcoin (BTC). Read More
Twitter Crypto: The dedicated team aimed at exploring DApps and more
Social media giant Twitter is expanding further into the crypto space by setting up a team to look into decentralized applications, cryptocurrencies, and blockchain.
According to a Wednesday tweet, Interchain Foundation council member Tess Rinearson will be leading a team at the social media company aimed at cryptocurrencies, blockchain, and decentralized technology. Rinearson said her team would be working with Twitter’s Bluesky project on a decentralized social media platform as well as “exploring how ideas from crypto communities can help us push the boundaries of what’s possible with identity, community, ownership and more.” Read More
‘We'll see about 200 chains connected through Cosmos’ IBC next year,’ says Tendermint CEO Peng Zhong
In an exclusive interview with Cointelegraph, Peng Zhong, CEO of Tendermint, the core developer of the Cosmos blockchain, discussed recent cutting-edge advancements in the ecosystem.
Ever since the launch of the inter-blockchain communications, or IBC, protocol in March, which enabled the communication and transfer of digital assets across different blockchains, development activity seems to have picked up pace on the Cosmos (ATOM) network.
Transaction volumes, the creation of decentralized applications, and the number of chains connected via IBC have all been trending upwards in recent months. Speakers at the Cosmoverse Conference, which took place last week, presented many of the latest technologies under development on the blockchain. Read More
There are many types of scams society has fallen victim to that have been around for decades. Charity scams, insurance scams, et al. are all too common, and they are more rampant than ever now we have the internet. And as technology emerges, anyone can simply create a crypto token which opens a pandora’s box of newly defined crypto chaos.
The cryptocurrency market has exploded since the inception of Bitcoin, with 1000s of alternative coins now listed on various exchanges. Many have earned the respect of the crypto community by applying actual use-cases with developing technologies. While prominent cryptocurrency coins display transparency, genuine utility and serve a purpose for a decentralized application or an associated blockchain, many altcoins hold no real value.
These coins are referred to as shitcoins and have no discernable purpose, and they are often targeted towards less experienced people in an effort to exploit them. The term shitcoin is commonly used for a copy or clone of another well-known crypto, or it can be a brand new project. It’s very much based on personal opinion. Read More
University of Cambridge to launch decentralized carbon credit marketplace on the Tezos blockchain
The university hopes the move will raise funding for large-scale conservation and restoration initiatives.
In a Friday morning announcement, the University of Cambridge revealed it would be building a novel decentralized carbon credit marketplace to support global reforestation efforts. Its ultimate goal would be to increase the adoption of nature-based conservation solutions, or NbS, such as reforestation, through financial instruments. The institution envisions that purchasers of carbon credits will be able to securely and directly fund NbS projects through the platform.
The initiative, known as the Cambridge Centre for Carbon Credits, or 4C, is based in the Department of Computer Science and Technology and the Conservation Research Institute. Scientists and researchers will build the marketplace on the Tezos blockchain. Tezos is a smart contract blockchain that enables users to vote on governance protocols put forth by developers. The network is known for its eco-friendly nature. Read More
Real World Assets In DeFi, The Future Of Finance
In less than two decades, DeFi has precipitously gained real world legitimacy and adoption on a global scale. So much so that experts predict that Bitcoin alone (the first but only one of 4,000+ cryptocurrencies in DeFi) will have the same rate of adoption of the internet by 2025, at least 3.5 years faster than the internet. Indeed, many of the greatest critics of DeFi have now done a 180, with publications from the likes of Forbes reporting on how many have dramatically underestimated the power of DeFi. Such a pro-DeFi article from mainstream media would have been unthinkable even earlier this year.
Yet despite the incredible surges in adoption, DeFi is still foreign to many newcomers who are only just starting to dip their toes in the waters of DeFi, asking: what exactly is DeFi? And why does it matter anyway? Read More
Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network
The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there are more than 74.8 billion tethers in circulation today.
On Wednesday, Tether Operations Limited, the firm that issues the stablecoin asset tether (USDT) has announced the launch of USDT on Avalanche (AVAX). The crypto exchange Bitfinex has also revealed it will support Avalanche-native USDT tokens on the exchange.
Avalanche (AVAX) is a smart contract platform that is both compatible and a competitor of the blockchain protocol Ethereum (ETH). “Tether’s token’s launch on Avalanche will aim to support the long-term growth and sustainability of the Avalanche network while driving stablecoin usage across the defi ecosystem,” the company explained on Wednesday. Read More
Record Producer Steve Aoki and Spawn Creator Todd McFarlane to Launch Solana-Powered NFT Market
On November 9, the two-time Grammy-nominated producer and DJ, Steve Aoki, announced a new partnership with the popular comic book artist and Spawn creator Todd McFarlane. The two plan to launch a non-fungible token (NFT) marketplace that leverages the Solana blockchain. The NFT marketplace will be called Odd Key and Aoki and McFarlane aim to launch the platform on November, 18. 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.
