Author: CMN

Following the $10 million Series A round at the end of July, the bitcoin rewards firm Lolli has introduced a partnership with the ticket company Stubhub. In line with the announcement, the partnership will provide users with the power to earn as much as 6% in bitcoin rewards once they buy tickets to sporting events, concerts, and theatre shows. Bitcoin Rewards Company Lolli Partners With Ticket Marketplace Stubhub On August 15, Lolli revealed the corporate is collaborating with the ticket marketplace Stubhub. The agency Stubhub is a well-liked American ticket alternate and resale firm that was based in 2000 by Eric Baker and…

Aug. 21, 2021 — NFT-Japan Inc. and Rizin Fighting Federation, a well-known Japanese mixed martial arts and kickboxing federation, announced the future launch of “Rizin Fighting Collection,” a nonfungible token marketplace for Rizin digital content material on the high-throughput, decentralized good contracts platform IOST. Rizin Combating Assortment is a digital trading service that enables customers to buy NFTs of fight highlights and greatest photos, and revel in amassing and trading them. The NFT service shall be built on IOST, a blockchain that has exploded in reputation particularly within the Japanese market resulting from its superior processing energy, high-speed trading environment, low charges and the…

Leading American tech company Microsoft has been granted a blockchain-related patent to introduce ledger-independent token services. The patent was issued by America Patent and Trademark Office (USPTO). Microsoft Aims To Solve Interoperability Issues The patent will allow Microsoft to construct a system that facilitates the creation and administration of tokens throughout a number of blockchain networks. The system would additionally present token templates to depict every kind of digital asset whereas defining its controls and features. With this method, the patent would enable builders to write code for tokens on different platforms. According to the announcement, Microsoft goals to resolve the issues…

Francisco Landino, project manager at Input Output Global, has shared some updates on Cardano’s ERC20 converter during a recent event, claiming that it’ll come to the testnet next week. The converter, which was first introduced in May, will enable customers to deliver Ethereum-based tokens to the largest proof-of-stake blockchain (and vice versa). Based on Landino, the new software is designed for each end-users and token issuer. He added that any ERC20 token could be issued on Cardano as a local token. Again in March, IOG CEO Charles Hoskinson stated that over 100 companies have been within the means of switching from Ethereum…

Bitcoin standing in the cryptocurrency sector is facing a threat from Ethereum because the quantity two ranked cryptocurrency continues to realize momentum. Data provided by Bloomberg signifies an indication of increased institutional curiosity in Ethereum with its one-month-ahead contract trading at an 8.37% premium to the spot worth. On the opposite side, Bitcoin’s rate stands at a 6.58% premium, solidifying Ethereum’s possible bullishness. Since April, the rate of Ethereum open interest has increased from 0.1 to 0.3 as of August. The variation is a sign of increased curiosity in Ethereum by institutional buyers. The institutional activity might have been influenced by the latest price movement of the 2…

Bitcoin’s worth is present $49,096.71 and its dominance is presently 41.75 %, a lower of 0.35 % over the day. Cryptocurrency prices proceed to be within the green on August 28. The global cryptocurrency market cap is $2.11 trillion, a 4.87 % increase over the last day, whereas the full crypto market quantity over the last 24 hours is $108.97 billion, which makes a 1.90 % decrease. The quantity of all stable coins is now $85.14 billion – 78.13 % of the full crypto market’s 24-hour volume. Bitcoin’s price is currently $49,096.71 and its dominance is currently 41.75 %, a…

First announced in July, Square’s “TBD” unit is developing a “non-custodial, permissionless, and decentralized financial providers” business whose “primary focus is Bitcoin.” Square CEO Jack Dorsey said that the platform’s latest Bitcoin (BTC) enterprise would be to develop a decentralized exchange. In a Friday tweet, Dorsey said that “TBD” — both referring to the fact the business’ name has yet to be decided or just the title itself — could be targeted on building a decentralized exchange for Bitcoin. According to project leader Mike Brock, TBD, a unit of Square, aims to “make it easy to fund non-custodial pockets anywhere in the world through…

Moonshot Bots ask collectors to buy a rare NFT and help fund open-source Web3 projects designed for the public good. The NFT market has produced eye-popping figures of late, as billions of dollars are flowing through the ecosystem in just August alone. Gitcoin, a decentralized funding platform focused on open-source initiatives, is the latest in the crypto house to launch its personal NFT project—albeit with a novel plan for how one can spend the funds. Earlier this week, Gitcoin founder Kevin Owocki and Gitcoin DAO Steward Austin Griffith announced Moonshot Bots, a limited-edition NFT collection with a most provide of just 303 pieces. An…

Input Output Global (IOG) has introduced that the primary Cardano testnet has been hard forked to the Alonzo era. https://twitter.com/InputOutputHK/status/1431286232278085634?s=20 The biggest proof-of-stake blockchain has entered the “closing” stage earlier than sensible contracts get prompts on the mainnet. During the current Cardano 360 event, delivery lead Dimitris Poulopoulos described the testnet as “a dress rehearsal.” The group of builders will be intently monitoring all points that have to be resolved before the mainnet deployment.

India’s central bank is carefully considering the deserves of issuing a digital rupee, whereas CBDC exploration continues to gather steam across the globe. The Reserve Bank of India (RBI) could commence preliminary central bank digital currency (CBDC) trials before the end of the year. Talking to CNBC on Thursday, RBI governor Shaktikanta Das mentioned that the central bank was “being extremely careful” in its handling of a possible digital rupee, even as its counterparts worldwide have been exploring their own sovereign digital currencies. According to Das, the RBI’s focus is on examining the potential impact of a digital rupee on India’s financial…

Major protocol improvements, attractive staking rewards and real-world adoption from banks back the current bullish price action seen in XTZ. The Ethereum (ETH) network is presently the dominant layer-one protocol in terms of smart contract deployment and active users, but the race to change into the ‘world’s computer’ is far from settled because competing protocols are gaining traction by providing options to high transaction prices and slow affirmation times, the most important issues going through the network. One project that has been on the rise over the past month is Tezos, a proof-of-stake blockchain network that’s designed to evolve over…

Over 1,200 new Bitcoin ATMs have been deployed in the past month, with 47 being placed per day, according to coinatmradar.com. Similar to a regular ATM, a Bitcoin ATM, or BTM, is a kiosk that enables clients to buy or sell Bitcoin and different cryptocurrencies utilizing cash or a debit card. The chart shows the number of crypto machines installed over time. Crypto ATM Installations growth. Source: coinatmradar.com However, the daily gauge uses the previous 60 days as a basis for the gauge scale and the last seven days as a basis for the speed scale, illustrating 47.1 ATMs installed per day.…

EA Sports, a division of video game giant Electronic Arts, is seeking to hire a cryptocurrency-savvy senior director of brand for its competitive gaming division, according to a recent job posting on LinkedIn.The corporate is exploring opportunities in blockchain and non-fungible tokens (NFTs): We set the pace for EA’s investment in gaming subscriptions, our PC storefront and platform, competitive gaming (including FIFA , Apex Legends, and Madden NFL ), as well as new business opportunities, together with fantasy sports, blockchain and NFTs, and more. EA is looking for potential candidates with at the very least 10 years of expertise in brand development,…

The adoption of the latest Ethereum upgrade appears to have outpaced that of Bitcoin’s Segwit by multiple elements. It has been a little bit over three weeks since Ethereum’s London upgrade was deployed on Aug 5. In that short time, it has seen rapid adoption in accordance with Yearn Finance developer “banteg.” In a tweet on Aug 27, the developer said that Bitcoin’s SegWit upgrade went live four years in the past on Aug 25, 2017, including that it’s at present used for about 80% of BTC transactions. He compared that to Ethereum’s EIP-1559 upgrade which has only been residing for 3 weeks and has…

AscendEX, a leading cryptocurrency trading platform, is excited to celebrate Polygon (Curve) yield farming on its staking portal by providing an elevated annual share fee for active members. For a limited time, AscendEX users will earn additional returns while yielding farming with Polygon for any accounts under $10,000 worth of USD Coin (USDC).  AscendEX initially introduced the launch of yield farming with the Polygon stablecoin in July. Beginning this week, users can deposit their USDC into Polygon decentralized finance yield farming and obtain curiosity paid in USDC, Polygon (MATIC) and Curve DAO (CRV), incomes an annual percentage yield of as…

Bitcoin’s price is present $47,325.84 and its dominance is presently 44.08 %, a rise of 0.20 % over the day. Cryptocurrency prices continue to be in the red on August 27. The global cryptocurrency market cap is $2.02 trillion, a 3.31 % lower over the last day, while the total crypto market quantity during the last 24 hours is $111.08 billion, which makes a 1.82 % lower. The quantity of all stable coins is now $87.88 billion – 79.11 % of the overall crypto market’s 24-hour quantity. Bitcoin’s value is present $47,325.84 and its dominance is presently 44.08 %, a…

Anheuser-Busch InBev now owns the Web3 domain “beer.eth.” Meanwhile, nobody is doing something with Internet 1.0’s beer.com. Beer.eth sold for 30 ETH on August 12, and AB InBev, which owns Budweiser, Bud Lite and lots of other major beer manufacturers, confirmed to CoinDesk Wednesday that it was the client. The news seems to have set off a .eth area purchasing spree. Resales of such domains are up more than 300% over the last 24 hours, according to OpenSea data. The acquisition might symbolize a bet on the future of a decentralized internet. The “.eth” address is a top-level area ruled by the Ethereum Name Service. It represents a way to…

Non fungible tokens have seen a resurgence this month and the outcome just isn’t fair for Ethereum customers as transaction fees skyrocket once again. Ethereum users are struggling again as transaction charges have spiked to their highest ranges for 3 months. According to Bitinfocharts, the average transaction fee has surged to $27.23 yesterday, an increase of around 240% since the starting of August. The last time gas was this expensive was on May 19, when average prices spiked to $60 before that was the all-time high for gas at $70 on May 12. Average ETH transaction fees 3 months: bitinfocharts.com These prices…

The Chedi Andermatt, an opulent five-star lodge nestled within the coronary heart of the Swiss Alps, has started accepting Bitcoin and Ethereum payments, Swiss newspaper Blick reports. From now on, the hotel’s guests can select one of the two largest cryptocurrencies if they pay greater than 200 Swiss francs (roughly $218). This was not a spontaneous decision. The lodge has been mulling over accepting cryptocurrencies for 4 years. Jean-Yves Blatt claims that growing cryptocurrency acceptance around the world has finally prompted the Chedi Andermatt to open its doors to the newfangled coins. We have long known that cryptocurrencies even have a future in hotel…

On August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to be delivered to Southeast Asia. The move follows a number of firms pivoting toward digital currency mining. Singapore Myanmar Investco Pivots Toward Bitcoin Mining In 2021, numerous companies from Asia have been pivoting toward offering blockchain providers and working mining amenities. As an example, News has reported on firms like China-based gaming and internet company, The9, and its resolution to move into the bitcoin mining sector. Alongside this, the U.S. publicly-listed Chinese…