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New Developments Happening in the Blockchain Space - November 9th

Posted by Simon Keighley on November 09, 2021 - 8:42am

New Developments Happening in the Blockchain Space - November 9th

New Developments Happening in the Blockchain Space - November 9th

Image Source: Pixabay


Fiat-to-Crypto Payment Firm Wyre Reveals All-in-One NFT Marketplace Service

The San Francisco-based fiat-to-crypto and payment infrastructure company, Wyre, announced the launch of a non-fungible token (NFT) market tool that gives developers the ability to create NFT marketplaces in less than 24 hours.

Non-fungible token (NFT) assets have been a hot topic all year long and the trend has continued strong toward the end of 2021. This year well-known firms and exchanges like Crypto.com, FTX, and Coinbase have launched NFT marketplaces. Creators have also leveraged markets like Makersplace, Mintable, Rarible, and the leading NFT marketplace Opensea.

On November 2, Wyre announced the launch of an all-in-one NFT market solution that provides developers with the tools needed to build an NFT market in less than a day. Read More


 

Inside the blockchain developer’s mind: What is a testnet?

By familiarizing themselves with the nuances of testnets, blockchain developers can become better equipped to evaluate specific testnet releases.

Blockchain testnets are an interesting subject because they come in all shapes and sizes. So, in this post, my goal is to leverage my inside experience as the CEO of Koinos Group (developers of Koinos) to demystify testnets and perhaps give some insight into why they seem to have such an impact on price.

The most obvious place to start is with the name: testnet. The purpose of a testnet is to test a network. At a very high level, there are two “flavors” of testnet. The first is a testnet that is released prior to a mainnet (main network), and the second is a testnet that is released after a mainnet is already in operation. The functions these serve are similar, but the context in which they are released dramatically impacts the perception, and impact, of the release. Read More


 

Anomus Brings Blockchain VC’s To Fight Corruption

Anomus is a one-of-a-kind and much-needed alternative to the deterioration of mainstream media. It believes in shifting the balance of power from those centralized corporations that control the media and bestow it on the people. Anomus is ambitious, noble, and inevitable because the need for this system will always exist so long as we are being subjected to corruptible and tainted news reporting and journalistic standards that violate every human’s rights.

Freedom of speech is embedded in our psyche; we will always want to say how we feel and perceive the world around us. Anomus is a stepping stone for a world that is legitimately expressing itself without restrictions and without the limitations of those who wish you and me to perceive a specific false reality.

Anomus will become a way of life for many people who want to report news and journalists who wish to work while abiding by the principles of free untainted speech. Anomus will offer an alternative to people to work for the community and get rewarded by the community. Read More


 

KuCoin launches virtual office in the Bloktopia metaverse

According to the exchange, the meta office will allow users to decorate cyberpunks, interact with virtual furnishings, as well as chat and speak to each other in the virtual environment.

In a Tuesday announcement, KuCoin said it would be joining the metaverse by launching an office inside Bloktopia’s platform, designed as a skyscraper. The virtual building has 21 different levels in recognition of the total supply of 21 million Bitcoin (BTC) and is expected to house other content creators, including Polygon and Avalanche.

According to the exchange, the meta office will allow users to decorate cyberpunks, interact with virtual furnishings, as well as chat and speak to each other in the virtual environment. KuCoin has seemingly adopted a metaverse-friendly business model, offering support for Bloktopia’s native token, BLOK, as well as the utility token for Dreams Quest (DREAMS), a blockchain-based gaming platform aiming for a metaverse-based economy. Read More


 

MARKETHIVE - BUILDING A POWERFUL EPIC ECOSYSTEM 

The First In The Social Media Marketing Niche

Markethive is building an epic entrepreneurial ecosystem, never seen before and transcendent to other social media and marketing platforms. The transformation is enhanced with our release of the first of many initiatives being the Wheel Of Fortune and the launch of The Boost to follow soon after. 

With Markethive now running on its own servers, with the security of Blockchain and its Hivecoin about to be released as a native fungible multi-asset token on Cardano, we have arrived as the first mega decentralized social platform marketing network with the mission is to deliver a decentralized and autonomous environment to the masses, that is not subject to the oppressive technocracy.  

Inspired by Binance’s rise in becoming more than a crypto exchange, Markethive goes far beyond by creating a robust ecosystem in the social media and marketing niches. It will deliver very unique aspects to the Markethive exchange by creating niches and exclusivities that no other platform or system has.

As stated by Founder and CEO of Markethive, Thomas Prendergast,

“The transformation has begun. We are releasing our first of many services as we move Markethive into being the most powerful marketing platform in existence, as well as the most powerful Social Network system as well as the most effective broadcasting platform ever built. The Wheel of Fortune is just one of the many major integrations of services coming that entrepreneurs and marketers need and will benefit from. We are building a powerful epic ecosystem never seen before.”  Read More

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wXRP to launch on the Ethereum blockchain in December

The XRP network still appears to be innovating despite its regulatory woes.

If all goes according to plan, Wrapped XRP (wXRP) will be coming to the Ethereum (ETH) blockchain next month, courtesy of Wrapped.com. The move is meant to enable XRP holders to interact with aspects of decentralized finance, or DeFi, such as executing smart contracts for use in borrowing and lending, swapping for altcoins, via their native tokens. Currently, the network can only handle sending, receiving, and holding XRP.

Wrapped tokens are digital currencies stored in a digital vault and run on a separate blockchain. Notable wrapped tokens include Wrapped Bitcoin, which operates on the Ethereum blockchain, and Wrapped Ethereum, which converts ETH to the ERC-20 standard. wXRP would have a 1:1 exchange ratio with XRP, with custody provided by Hex Trust. Read More


 

Private, public, and consortium blockchains: The differences explained

Private blockchains provide users with the absolute privacy they desire.

Anyone can participate and be rewarded for their contribution to attaining consensus in a public blockchain.

A consortium blockchain is a hybrid form of public and private blockchains. Read More


 

DeFi Tool Snapshot Now Using Colony to Rebalance Power in DAO Voting

Snapshot is integrating the Colony reputation system to make DAO decision-making more equitable and transparent.

In a move that could make blockchain-based voting more transparent and democratic, decentralized voting platform Snapshot—one of the primary tools Web 3 groups use to poll community sentiment—has partnered with blockchain protocol Colony to integrate its DAO reputation system.

Governance tokens are the crypto assets used to decide the future of a decentralized autonomous organization, also known as a DAO. The community uses governance tokens to vote on project funding proposals, elections, and other measures. Read More


 

Coinbase Confirms It's Launching a Subscription Service With Zero Fees

The exchange is due to release a new product with zero-fee trading, it told Decrypt today.

Coinbase, the biggest cryptocurrency exchange in the U.S., is in the process of testing out a new subscription service, the company today confirmed to Decrypt.  

News of the service leaked earlier today, as some Coinbase users prematurely received access to the beta version of the service last night—which will be called Coinbase One. Users posted screenshots on Twitter of the upcoming product, which said it would give users ​​zero-fee trading and prioritized phone support to traders. 

"Enjoy zero trading fees on unlimited trades as long as you're a subscriber," one of the screenshots posted said. "A price spread may still apply." 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.

 

 

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