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Today's Blockchain News - July 2nd

Posted by Simon Keighley on July 02, 2021 - 10:01am

Today's Blockchain News - July 2nd

Today's Blockchain News - July 2nd

Ripple To Drive Mass Adoption Of NFTs With Mintable Partnership

Ripple has announced that they have made a strategic investment in Mintable. Mintable is an NFT marketplace where users can use cryptocurrency or fiat currency and buy, sell or create digital assets.

Ripple believes that, with the advent of tokenization into the mainstream, the ability to digitally sign assets, sell them and receive income from all subsequent sales markets is a tipping point when it comes to crypto adoption. The belief is that this will push adoption significantly. Read More


 

Blockchain application platform announces testnet migration

A blockchain application platform is performing a testnet migration on July 1— delivering an array of tangible improvements.

Lisk says its testnet is an invaluable tool — enabling upgrades to be put through their paces in a public setting before they are released into production on the mainnet.

The migration is due to occur on block height 14,075,259. However, the exact time will hinge upon conditions on the testnet, and whether new blocks are being reliably created. Read More


 

What Dfinity’s Internet Computer Means for the Future of Crypto

Dfinity is attempting to disrupt the global cloud computing industry with a blockchain-based solution. If successful, it could disrupt crypto too.

  • Dfinity is attempting to disrupt the cloud computing industry.

  • Its technology is designed to allow companies to build and deploy software into secure online environments.

  • Cryptocurrencies are currently reliant on centralized cloud service providers to provide their decentralized services. Read More


 

Messari Report: USDC Is The Most Dominant Ethereum-Backed Stablecoin

The growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant asset.

According to the analytics research, there is now an increase in the demand for USDC due to abrupt popularity in the DeFi ecosystem. Such demand has positioned USD Coin to bag more market shares in the crypto space. Read More


 

Torum, the Swiss Army Knife of the Crypto Ecosystem

The growth is going to be challenging to achieve every time the crypto winter happens. Investors are flushed out from the market, whereas projects are left on their own to sustain themselves for the coming few years, until the next bull run.

This presents a question of survival to every crypto project in the industry, which begs the question: How does a project navigate through the bear run with all the capital and community leaving the industry?

Torum, the world’s first DeFi + NFT social media platform that is specially designed for the crypto space, intends to solve this long-time dilemma. Read More


 

Create Your Own DAO Easily With xDAO - the Innovative DeFi Platform Powered by BSC

xDAO is an innovative DeFi platform that allows anyone to easily create Decentralized Autonomous Organizations – DAOs – for the joint management of crypto assets. The platform is powered by BSC, ensuring low transaction costs, high reliability, and sufficient speed. Read More


 

MARKETHIVE’S NEW INTERFACE - AN INITIAL OVERVIEW ILLUSTRATED

The Markethive Social Market Broadcasting Network becomes more prominent daily as the blockchain-driven ecosystem for entrepreneurs with a non-adversarial, bi-partisan free speech ethic and the collaborative culture we rarely see on social media platforms today.

Known for its evolutionary and innovative ethos, Markethive continues to expand its decentralized “all-in-one” platform with the development of a unique news feed interface that completely embodies the user experience (UX) in the framework of “don’t make me think.” A concept brought to light by author Steve Krug, a usability expert, cites that usability is fundamentally about human psychology. Read More


 

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What’s Next for Cardano and Chainlink? Analyst Michaël van de Poppe Predicts Path of Six Crypto Assets

As the new month kicks off, crypto analyst and trader Michaël van de Poppe is eyeing Cardano (ADA), Chainlink (LINK), and four additional altcoins.

Van de Poppe tells his 348,000 Twitter followers that Ethereum competitor Cardano is looking strong against Bitcoin (BTC), holding support at 0.000039 (3,900 sats) on the ADA/BTC chart. Read More


 

Use Of Green Energy For Bitcoin Mining Increased 52.2% in 2021, Report

The Bitcoin Mining Council, an organization created to promote the use of renewable energy in the Bitcoin mining industry, has released its first compendium on the state of the art of the mining industry.

The Bitcoin Mining Council’s findings look promising at first glance. The report explains that sustainable energy use increased 52.2% between Q1 and Q2 of 2021, with a 15% uplift in network efficiency measured in PH/MW. Read More


 

UK Chancellor Rishi Sunak Proposes Crypto Adoption and CBDCs as Priority for Treasury Reform

Chancellor of the Exchequer for the United Kingdom Rishi Sunak has doubled down on the need to provide the ample environment for the adoption and growth of digital currencies and Central Bank Digital Currencies (CBDCs) in the nation.

Per his comments at the 2021 Mansion House speech, delivered on Thursday, 1st July, Sunak said the United Kingdom would seek to advance in financial innovations. Read More


 

Binance Comes under Scrutiny in Singapore, Thailand & Cayman Islands Too

The list of countries investigating the crypto exchange giant Binance is growing as regulators in Singapore, Thailand and the Cayman Islands have begun investigating the trading platform.

The past few weeks have seen the exchange come under fire from regulators in the UK, the USA, Japan, and Germany, while earlier this week, British users complained they were having issues using debit cards and fiat on/off ramps in conjunction with the Binance platform, that later confirmed that the problem was solved. Also, the company has stopped offering its services to Ontario-based users. Read More


 

Ukraine Passes Law Treating Its CBDC Same As Cash

  • Ukraine's new law on payments services makes electronic hryvnia a payment standard.

  • The CBDC is yet to be launched.

  • Ukraine has been considering a CBDC since 2018, with a prototype tested on the Stellar Lumens blockchain. Read More


 

Everything You Need to Know About Cardano Mainnet Alonzo Launch

The upcoming months will be big for Cardano as it takes the first step towards smart contracts. Output Input One of the organizations behind the Cardano blockchain, Hong Kong, has announced the launch of a testnet for Cardano’s Alonzo update.

Alonzo is the next phase in a series of Cardano blockchain update that will include new functionality such as smart contracts and the potential to create a decentralized finance ecosystem. The “Goguen” era of the network comes to an end with Alonzo. 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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Simon Keighley You're welcome Saidu - thanks for reading the latest news.
July 4, 2021 at 8:04am
Saidu Sesay This is really great Simon, thanks for sharing.
July 4, 2021 at 6:47am
Simon Keighley Thanks, for reading, Caleb - I agree, Non-Fungible Tokens seem to have a lot of potential for the future.
July 4, 2021 at 5:16am
Caleb Mpamei Great collections of news on crypto industry. I like the ones specially on NFTs. It's going to be really big.
July 3, 2021 at 4:56pm
Simon Keighley You're welcome, Margaret - thanks for reading the latest news.
July 2, 2021 at 12:49pm
M H thanks for this information, Simon
July 2, 2021 at 12:12pm
Simon Keighley Hi, Tim, thanks for reading today's blockchain news.
July 2, 2021 at 12:03pm
Tim Moseley Thanks for posting this Simon. Good data here...
July 2, 2021 at 11:31am