Category: Blockchain

Mayoral Candidate Curtis Sliwa Wants to Make NYC the Most Crypto-Friendly City in U.S.

The digital currency ecosystem is becoming a vital subject of political campaigns in the United States, signalling the gradual emergence of the industry as a non-negligible financial innovation. Revealing his plans if elected into office, Sliwa Curtis, a Mayoral Candidate for New York City, noted plans to make the city the most cryptocurrency-friendly in the

Belarus President Alexandra Lukashenko Urges His Citizens to Embrace Bitcoin Mining

The president of Belarus, Alexandra Lukashenko, has urged his citizens to stay in their home country and start mining Bitcoin instead of working in other overseas countries.  The president said that during the Petrikovsky mining and processing plant opening last week on Friday, August 27.  Lukashenko clarified that his nation enjoys adequate energy resources to

Ethereum’s Sentiment on Twitter Becomes Extremely Positive as DeFi’s Value Tops $80B

The Ethereum (ETH) network has been experiencing an uptick in activities and this made crowd sentiment on Twitter extremely positive, as disclosed by IntoTheBlock. The Data analytic firm noted: “Twitter’s sentiment about Ethereum is disproportionately positive. In recent weeks, the Ethereum narrative in social media like Twitter has been extremely positive.” IntoTheBlock added:

Twitter Reportedly Developing Bitcoin Tipping Service for Sending Money to Favorite Accounts

Twitter Inc is reportedly testing the ability to tip users using Bitcoin cryptocurrency via Lightning Network app Strike. Twitter is developing the groundwork to enable bitcoin tipping for content creators. According to MacRumors media outlets, the current Twitter iOS beta code within the platform suggests that the Bitcoin tipping service is being tested.   Mobile

El Salvador Lawmakers Passes $150M Bitcoin Trust Fund into Law

Ahead of the September 7th scheduled date to make Bitcoin (BTC) a legal tender in the country, El Salvador’s parliament has approved the law to establish a $150 million Bitcoin Trust Fund.  As reported by Reuters, the parliamentary vote in the Central American country came in at 64 votes in favour and 14 votes against the proposed

BSN Has Partnered with MetaverseSociety to Launch the South Korean BSN Portal Operator in November

On September 1, BSNbase announced that it has partnered with the Korean blockchain high-tech company MetaverseSociety to launch the Korean BSN portal operator in November, supporting Korean developers to quickly and efficiently build and operate blocks through its localized BSN platform Chain application. This is the first time it has been established outside of China,

Tennis Superstar Naomi Osaka Says Dogecoin Prompted Her Interest in Crypto Investing

Naomi Osaka, a top tennis professional tennis player from Japan, is almost getting into cryptocurrencies. In a recent interview with Bloomberg, Osaka, the four-time Grand Slam tennis singles champion, revealed that she is considering investing in cryptocurrency, saying that Dogecoin triggered her interest. Osaka has already dominated the world of tennis sports, winning four Grand

Ethereum Layer-2 Offchain Labs Raises $120M Led by Lightspeed Venture Partners

Offchain Labs raised $120 million led by Lightspeed Venture Partners in its Series B financing Tuesday, aiming to expand Ethereum contracts to meet the growing demand for Ethereum transactions. Other investors include Polychain Capital, Ribbit Capital, Redpoint Ventures, Pantera Capital, Alameda Research, Mark Cuban, etc., participating in this financing. Offchain Labs stated that it would

Chinese State-Owned Banks Start Exploring Digital Yuan Use-Cases for Buying Investment Funds & Insurance Products

Two major government-owned Chinese banks are expanding their pilot programs for the national Digital Currency. China Construction Bank (CCB) and Bank of Communications (BOCOM) have begun studying the new use cases of the digital renminbi by allowing citizens to use it to purchase investment funds and insurance products online.   The two state-run banks are working with fund management

Metamask Tops 10M Active Users as NFT Mania Continues

The massive opportunities embracing the Non-Fungible Token (NFT) metaverse is turning things around for Metamask, a wallet service provider. The firm announced that it has surpassed 10 million Monthly Active Users (MAUs), placing it on the most active wallets in use in the digital currency ecosystem. When put into proper perspective, the news is even more significant,