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Iotex Is Making Moves - The New Leader In IoT And Blockchain
The blockchain industry is seeing immense growth and development. Given how new the field is, every IoT company is looking to innovate and improve on existing tech.
This desire to constantly develop better technology is apparent in the merging between IoT and blockchain. And when an estimated 100 billion devices are expected to be connected to the internet by 2050, this demonstrates that the potential of blockchain and IoT fusion is truly vast. Read More
ASX sounds crypto exchange custody warning, calls for better regulations
The Australia Securities Exchange says crypto investors in the country need to be mindful of the dangers of holding their cryptocurrencies on exchange platforms.
The Australia Securities Exchange (ASX) has weighed in on the issue of crypto custody amid the ongoing discussions within the country’s Senate Select Committee on Financial Regulatory Technology.
In a submission to the committee on July 16, ASX highlighted crypto custody on centralized exchanges as a significant risk factor for investors. Read More
BNY Mellon joins State Street to service new crypto exchange
Traditional financial institutions like State Street and BNY Mellon continue to get involved in the fast-evolving cryptocurrency space.
Bank of New York Mellon is joining a new cryptocurrency initiative by offering its custody support to a new crypto exchange backed by the American bank State Street.
According to a Wednesday report by the Financial Times, BNY Mellon has joined a consortium of six banks behind the launch of London-based Pure Digital, a new crypto trading platform venture that is scheduled to execute its first Bitcoin (BTC) trade in the near future. Read More
Ethereum DeFi Pioneer Maker Foundation Is Shutting Down, DAO Will Take Over
MakerDAO has taken over control of the Ethereum-based Maker protocol and its associated cryptocurrencies, MKR and DAI.
Making good on a promise, Maker Foundation CEO Rune Christensen announced today that the Ethereum-based DeFi protocol he created is now in the hands of others.
"MakerDAO is now completely decentralized," Christensen wrote in a blog post, continuing: "The DAO is now self-sufficient and the Maker Foundation has fulfilled its bootstrapping responsibilities. The Foundation will formally dissolve within the next few months." Read More
The Hottest Decentralized Apps (Dapps): From DeFi to Games
Decentralized apps, or dapps, run on blockchains and do away with centralized middlemen. They're shaking up everything from finance to gaming.
Dapps, or decentralized applications, run on peer-to-peer networks such as blockchains.
They have a number of use cases, from video games to decentralized finance (DeFi). Read More
Mastercard Furthers Investment Into Crypto Card Integration
Mastercard is queuing up a full suite of crypto partners, according to an announcement this week, in efforts to streamline its card program for crypto wallets and exchanges. The company initiative seeks to provide crypto companies with a card option that gives crypto-holders the ability to spend their digital assets anywhere that Mastercard is accepted. Read More
While the Markethive Social Market Network continues to work very closely with Cardano with its integration to the Cardano Blockchain, a lot is happening with the many other facets of Cardano and IOG to further establish their presence in this evolving world of technology. Its technology can assist in a new redistribution of power and give people greater freedom, bringing the world together with a more equitable landscape.
As we anticipate the imminent rollout of Markethive’s multifunction news feed interface, gamification platform, and migration to the Cardano blockchain, I will outline some of the amazing initiatives IOG has set into motion; with the announcement of a historical event and the recognition, Cardano has received of late. This is all wonderfully exciting news putting Cardano at the forefront as one of the fastest-growing, most stable, most mature, and systematic cryptocurrency projects. Read More
Georgian Government Embraces Blockchain to Promote Its Wines Globally
As Georgia seeks to bring its millennia-old wine industry into the 21st century, it is collaborating with blockchain platform Wiv to put the nation’s winemakers in front of a global audience of wine collectors, producers, and merchants. Move Brings Wines and Accompanying Provenance to Blockchain. Read More
Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October
The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for crypto holdings and specific capital requirements for companies operating with digital assets. Read More
One Crypto Sector Set To Disrupt Entire Financial System and Global Business Models, Says Macro Guru Raoul Pal
Macro analyst and Real Vision CEO Raoul Pal believes one particular sector of crypto will restructure finance and global business operations.
In a new interview on Real Vision, Pal makes the case for non-fungible tokens (NFTs), claiming that the breakthrough of tokenizing real-world assets will completely reshape the way we conduct business. Read More
Mastercard Enhances Crypto Wallet and Exchange Business
Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to make conversion of crypto and traditional fiat money easier. Read More
Ripple Asks Court to Throw out SEC Case Following Commissioners’ Letter
The XRP-affiliated Ripple is looking to capitalize on a recent statement from members of the US Securities and Exchange Commission (SEC) calling for more transparency in crypto-asset classification – and now hopes to have its protracted war with the regulator dismissed. Read More
SushiSwap DeFi Protocol Announces Next Generation Trident AMM
The SushiSwap decentralized exchange (DEX) is preparing to launch another automated market maker (AMM) that it claims is a “next-generation product.”
SushiSwap made the revelation in a July 20 blog post that stated the Trident automated market maker will be focused on capital efficiency and cryptocurrency volatility protection.
“Our goal was to reinvent the wheel, without sacrificing user familiarity with Sushi’s newly revamped and consolidated interface.” Read More
MoonPay Launches the Payment Infrastructure on Polygon
MoonPay, the leading crypto payment provider, announced plans to launch the platform on Polygon blockchain. The latest news comes after many blockchain projects have decided to launch on Polygon and benefit from its various features compared to similar networks.
The most important benefit for services like MoonPay is low gas fees that helps them offer more attractive services to users. MoonPay launching on Polygon means many services can integrate its tools on Polygon and provide payment solutions easier and faster. 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.
