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New Developments Happening in the Blockchain Space - September 7th

Posted by Simon Keighley on September 07, 2021 - 7:46am

New Developments Happening in the Blockchain Space - September 7th

New Developments Happening in the Blockchain Space - September 7th

Image Source: Pixabay


Cream Finance will integrate with Polkadot blockchain using Moonbeam

Kusama and Polkadot users will be able to use Cream’s services to deposit digital assets as collateral or lend them out.

Decentralized finance (DeFi) project ​​Cream Finance will bring its lending and borrowing services to Moonbeam, a smart contract platform on Polkadot. 

In a Thursday announcement, Moonbeam said Cream Finance would be integrating with its ecosystem, starting with a parachain on Kusama, Moonriver, and then on Polkadot. Kusama and Polkadot users will be able to use Cream’s services to deposit digital assets as collateral or lend them out. Read More


 

UK Banks Freeze And Close Crypto PR Agency’s Accounts

Two UK banks have frozen and closed the bank accounts of Imperium Comms, a PR agency which specializes in the crypto and blockchain space.

In a letter sent to the crypto PR agency’s founder in mid-August, Metro Bank said it would be closing the bank account in 60 days and wouldn’t be reviewing its decision.

They also said they are unable to provide any explanation as to why they decided to close the account. Read More


 

Blockchain-Based Music Streaming Platform Audius Launches Full Solana NFT Integration

Audius, the blockchain-based music streaming platform, has announced the Solana NFT integration, allowing the platform’s users to feature various NFTs from the Solana ecosystem. Audius already featured NFTs from the Ethereum ecosystem. 

The integration gives users of Audius the ability to feature the digital collectibles from the Solana library. Read More


 

Blockchain project completes its biggest protocol change ever

This blockchain project has just completed one of the biggest protocol changes in its history — and has thrown a party to celebrate.

Lisk says the migration from Mainnet v2 to Mainnet v3 heralds the start of a whole new era for its network — eliminating weaknesses related to fees and its consensus algorithm. Simultaneously, it perfectly sets the stage for an upcoming interoperability release.

The blockchain’s users can now benefit from an “extremely secure” account address system that comes equipped with built-in error detection for typos. Addresses are also now longer, and it is hoped that this will reduce the likelihood of address collisions. Lisk has stressed that private keys, public keys, and 12-word mnemonic passphrases have been unaffected by the transition. Read More


 

MARKETHIVE AIRDROPS AND MICROPAYMENTS EXPLAINED

Markethive is determined to take a large share of the new Market Network next-generation following the Social Network phenomena. That Market Network is defined as a platform that is integrated with a social network (like Facebook), SAAS tools (like GoToMeeting, ZOOM, and Google Apps) commerce platforms (like eBay, Freelancers, Coinbase, Alibaba).

Markethive has created its consumer coin, Hivecoin (HIVE), originally named MHV, as an instrument to their Ecosystem for Entrepreneurs. So Markethive will establish its niche as the only social (Market) Network with an infinity Airdrop and a system that rewards the users for using it with additional micropayments, otherwise known as a Faucet.

Bottom line, by joining Markethive, you will get a Market Network Inbound Marketing platform worth $2500 per month for free and get “Airdropped” paid up to 500 Markethive coins [HIVE] just for joining. And continue to receive these coin assets for the duration of your life within the hive. Read More

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Cryptocurrencies now recognized under commercial law in Texas

Texas House Bills 4474 and 1576 officially took effect on Sept. 1 after being signed into law by Governor Greg Abbott in June.

Lee Bratcher, president of the Texas Blockchain Council, told Cointelegraph that H.B. 4474 better defines the security interests for Bitcoin (BTC) and other cryptocurrencies to "allow institutional investors to get involved with sizable investments." He added that the Texas Banking Commissioner and the Texas Department of Banking announced in June that banks with a state charter can custody cryptocurrencies under certain circumstances. Read More


 

Technical Analysis Explained: Elementary Concepts In Trading Cryptocurrency

Technical analysis is a vital tool in the arsenal of many cryptocurrency traders. Here's how to make sense of those candlesticks and wicks.

Technical analysis is a key tool in the arsenal of many cryptocurrency traders, helping them to make sense of the market’s ebbs and flows.

But technical analysis isn’t deterministic. It doesn’t tell you what will definitely happen, but rather, what’s likely to happen given the historical information as analyzed through the study of charts. For it to be effective, however, it needs to be done accurately, which is the tricky bit.

Whether trading or investing, cryptocurrencies come with huge risks as well as opportunities, due to their extreme volatility—so proceeding with caution is advised. Read More


 

'Decentralized Talent Network' Braintrust Is Working With Nike, Goldman, and More—All via Ethereum

Braintrust bills itself as a "decentralized talent network." Its token just launched on the Ethereum mainnet.

If you've ever been a freelancer, you know that using a job network—one that matches you with companies looking to hire for jobs as small as $5 and as large as $50,000—sucks.

There are thousands of freelancers there, each one undercutting the other, and many people feel like they have to set bargain-basement rates—or already have client reviews on the network—just to get noticed. 

Braintrust, a nonprofit "decentralized talent network" that launched its token on the Ethereum blockchain this week, sets out to solve that poor user experience because co-founder Adam Jackson says he lived it. Read More


 

Cardano Launches Smart Contracts on Testnet, Pushing ADA to New Highs

Smart contracts functionality has been rolled out on Cardano’s testnet, propelling the price of ADA to a new record high above $3.

The most likely reason behind the latest surge has been the launch of smart contract functionality now available on a testnet.

This means that developers can already start building decentralized applications to see how they work in a test environment before being showcased to the public. 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.

 

 

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