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Today's Blockchain News - August 9th

Posted by Simon Keighley on August 09, 2021 - 9:56am

Today's Blockchain News - August 9th

Today's Blockchain News - August 9th

Cruz Accuses Senators Of Inflicting Billions In Damage On Crypto - Something They Know Nothing About

The $1 trillion dollar infrastructure bill is about to be passed by the US Senate, and there is a distinct possibility that none of the amendments for the crypto industry will have time to be voted on. This can lead to billions of dollars of damage being inflicted on the incredibly innovative sector. 

Texas senator Ted Cruz is furious with democrats for their “reckless and harmful” lack of understanding as regards the crypto part of the infrastructure bill. Read More


 

Why You Should Pay Attention To Mythical Beings In The NFT Space

Non-fungible tokens are a booming industry, as numerous projects continue to gain traction quickly. Mythical Beings, a mythology-oriented NFT collection, is one of the projects that seem to fly under most people's radars. It is a bit surprising, considering how the card packs are very accessible and affordable, and its overall volume is seemingly on the rise. Read More


 

Blockchain Australia says gov't still dismissing industry as a 'wild west'

The industry body has accused the government of leaning into narratives about malicious actors and scams, rather than engaging with the blockchain space to establish fit-for-purpose regulation.

Blockchain Australia, an association representing the local crypto industry, has warned that the country has fallen behind on the regulatory front due to the undue persistence of a dismissive “wild west” narrative.

The association has been proactive in its engagement with the state in recent months, as the government continues to review the future of blockchain and fintech and regulation in the country. Read More


 

Alchemy Pay to launch virtual crypto cards with Visa and Mastercard support

Crypto payment firm Alchemy Pay is planning to roll out a crypto-linked virtual card that is accepted on the Visa and Mastercard payments networks.

Hybrid crypto-fiat platform Alchemy Pay announced Monday that the company will be launching virtual crypto-linked cards accepting more than 40 cryptocurrencies like Bitcoin (BTC).

The new cards can be linked to Google Pay and PayPal digital wallets, and make payments across the Mastercard and Visa networks, as well as popular e-commerce platforms like Amazon and eBay. Read More


 

Coinbase Adds Option To Buy Crypto With Apple Pay, Google Pay To Follow

More good news continues to rock the market as crypto prices remain in an uptrend. Coinbase recently announced that its users can now buy coins on the platform using Apple Pay. This method was previously unavailable to customers. But Coinbase had, in June, earlier said that users were now able to use their Coinbase crypto card on Apple Pay and Google Pay. Read More


 

Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month

Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap, who received a community vote to integrate it. The project will also launch Arbitrum One, which will have up-to-date information about the projects using its network. 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. 

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.

Markethive has infused the power of Inbound Marketing into the News Feed and infused the power of the social network into the Inbound Marketing platform, which means it’s an enhanced Social Network hybrid.
It’s where the needs of the entrepreneur, marketer, business, and corporation are not only met but put at the forefront.
Social + Marketing + Blogging + Video + Curation + Broadcasting + Gamification + Crypto = Markethive. Read More

ecosystem for entrepreneurs


 

Cardano Testnet Now Supports Smart Contracts With Rollout of Critical Alonzo Update

Input Output Hong Kong (IOHK) says it is gearing up to roll out the final phase of Cardano’s Alonzo update, which will bring smart contract capabilities to the world’s fifth-largest crypto by market cap.

The Cardano developer tells its 145,000 Twitter followers that the Alonzo Purple testnet is up and running and is undergoing an onboarding process. Read More


 

Brazil Launches Its First Eco-Friendly Bitcoin ETF (BITH11)

Brazil has launched its first Green Bitcoin ETF, the BITH11. Now it has 4 crypto-related ETFs available in the stock market.

Brazil continues to make progress in creating new investment opportunities related to cryptocurrencies. This week, it launched a brand new Bitcoin ETF —with a green twist. Read More


 

Indonesia’s Pintu Crypto Exchange Raises $35M in Extended Series A, Led by Lightspeed Venture

Indonesia-based cryptocurrency exchange Pintu announced the company had completed an extended Series A funding round by raising $35 million, led by Lightspeed Venture Partners, citing multiple sources.

The company plans to expand its scale by accelerating talent acquisition. With the latest $35 million capital, Pintu expects to create strategic partnerships, undertake educational marketing campaigns, and deliver new products and asset classes, such as Pintu Earn, that enable users to earn interest via various crypto assets. Read More


 

DeFi Deep Dive — UMA, Cutting Middlemen Out of Derivatives Markets

Introducing the cost of lawyers and financial advisors has always represented a high barrier to entry to financial markets. With the help of smart contracts and oracles, the UMA project aims to bring that barrier down.

Unlike meme coins that are created for the sole purpose of riding the whimsical waves of social media, DeFi protocols are seeking to leave behind the enduring value. As permissionless, decentralized finance continues to evolve, it can tap into existing financial markets. Read More


 

Decentralized Storage Network Storx Reaches a Milestone of 2.7 PB Storage Capacity

As a matter of utmost importance, decentralized cloud storage StorX has achieved a 2.7 PB storage capacity milestone. Amazingly, StorX achieved this ground-breaking record in a little over a month of its launch.  Notably, other blockchain-based cloud storage providers took months to accomplish the same. StorX gives credit to its storage node partners for playing a pivotal role in attaining the 2.7 PB storage capacity. 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.

 

 

ecosystem for entrepreneurs