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Today's Blockchain News - August 4th

Posted by Simon Keighley on August 04, 2021 - 9:38am

Today's Blockchain News - August 4th

Today's Blockchain News - August 4th

Why El Salvador Should Continue To Ignore The IMF

Although not specifically mentioning El Salvador, the IMF has recently warned countries not to adopt Bitcoin as legal tender, adding that the dollar or the euro was more “alluring” than a cryptocurrency. However, the Bank of America published a report stating how the adoption of Bitcoin can benefit El Salvador. Read More


 

Google running crypto ads again as new policy goes into effect

Under Google’s new policy that went into effect on August 3, advertisers offering cryptocurrency exchange and wallet services are once again allowed to market their products.

The multinational giant banned crypto and Initial Coin Offering (ICO) related advertisements back in June 2018, and the updated policy allows regulated crypto entities to market their services once again. ICOs have been left out in the cold, however. Read More


 

Binance to bring Bitcoin payments to Shopify via new partnership

Binance Pay users will be able to pay across merchants of Alchemy Pay’s partners, including e-commerce giant Shopify and software technology firm Arcadier.

Binance, the world’s largest cryptocurrency exchange by trading volumes, continues actively expanding into the crypto payment industry through a new crypto-to-fiat integration.

The company announced Tuesday a partnership with crypto-fiat hybrid payment platform Alchemy Pay to enable peer-to-peer (P2P) crypto payments at over 2 million global merchants through its payments application Binance Pay. Read More


 

Ethereum’s London hard fork is expected to arrive on Thursday, ushering in EIP-1559

Think Ethereum is going to morph into a deflationary asset over night? Not so fast!

Ethereum’s London upgrade is set to activate on Thursday, according to the countdown available on Ethereum.org. “The London upgrade is scheduled to go live on Ethereum in August 2021, on block 12,965,000,” Ethereum.org reads. “It will introduce EIP-1559, which reforms the transaction fee market, along with changes to how gas refunds are handled and the Ice Age schedule.” Read More


 

NBA Top Shot to Sell NFTs In-Person at Summer League Games

Dapper Labs CEO Roham Gharegozlou shares new details about the crypto-collectibles platform’s roadmap ahead.

It might be the NBA offseason, but Dapper Labs has big plans for its NBA Top Shot crypto-collectibles platform for the rest of the summer. Today, Dapper revealed that the service will offer exclusive NFT moments that can only be purchased at NBA Summer League games in Las Vegas. 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. Read More

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Ethereum Addresses Using DeFi Rose 65% Last Quarter

The boom corresponded with an increased supply of stablecoins.

The second quarter of 2021 was the biggest one yet for decentralized finance (DeFi) protocols on the Ethereum network.

From April through June, the number of Ethereum addresses increased 10%, according to the ConsenSys Q2 2021 DeFi Report released today, while the number of addresses that used a DeFi protocol expanded by 65%.

DeFi is the catchall term for blockchain-based protocols that remove banks and other intermediaries from financial transactions. With DeFi, sellers can swap tokens directly with buyers, holders can earn crypto for depositing funds, traders can take out loans, and speculators can make bets on price movements. Read More


 

Publicly Listed Bitcoin Miner Marathon Purchases 30,000 Mining Rigs from Bitmain

On Monday, the publicly listed bitcoin mining firm Marathon Digital Holdings announced that it purchased 30,000 S19j Pro Antminers from Bitmain. According to the company, once the new lot of mining rigs are fully deployed, Marathon will gain 13.3 exahash per second (EH/s) from the newly added machines. Read More


 

$VNY Token ~ The Revolution of Custom Wallet Addresses

$VNY is the first token ever released on any blockchain to provide Custom Wallet Addresses for Bitcoin, Ethereum, Binance Smart Chain, Litecoin, and Dogecoin Chains.

A Vanity Address is a Customisable non-proxy address. The addresses generated are new ones visible in chain explorers. Supporting different Blockchains, $VNY can generate Vanity Wallet Addresses of different shapes.

The idea of $VNY was born to simplify the journey for all the crypto users, from beginners to experts. Read More


 

BitTorrent Speed Smashes 260m Wallet Holders

BitTorrent (BTT), a TRC10 crypto supported by the Tron blockchain network, reached another milestone. Interestingly, the network’s feature called BitTorrent Speed smashes its records when it reaches over 260,000,000 wallet addresses on its platform. Indeed, this is an achievement that the BTT community celebrates. Read More


 

Spain Opposition Party Introduces Bill to Allow Mortgage Payments With Crypto

Partido Popular (PP), the leading opposition party in Spain, has introduced a bill that would allow for the payment of mortgages with cryptocurrencies and create a national crypto assets council to analyze the implications of the use of crypto and blockchain in that country. Read More


 

Jumpstarting the Blockchain Movement in Africa is Ethically Responsible

Primarily due to a lack of traditional banking access, third-world countries rely on blockchain and cryptocurrency for business transactions of all kinds now more than ever.

However, third-world governments, would-be entrepreneurs and businesses are very much struggling to keep their heads above water as the rest of the world ramps up its DeFi capabilities. 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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