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Pamilihang pandaigdig # Regulatory na inspeksyon Platforma

Coinbase in Talks to Acquire BtcTurk, a Turkish Cryptocurrency Exchange

According to reports, Coinbase is in talks to buy Turkeys BtcTurk bitcoin exchange.　　According to Bloomberg, Coinbases action underlines the companys aspirations to grow its presence in developing nations.　　The transaction is expected to be worth roughly $3.2 billion and is in the final stages of completion. According to Bloomberg, Coinbase has signed the term sheet and is conducting technical due diligence.　　BtcTurk, which was founded in 2013, is one of Turkeys oldest cryptocurrency exchanges, with 4.5 million active members. According to CoinMarketCap data, BtcTurk has achieved $200 million in trade activity in the last 24 hours, compared to $179 million for its closest competitor, Paribu crypto exchange.　　Providing Global Investors with the Opportunity to Participate in the Crypto Economy　　Coinbases latest acquisition comes after the company recently expanded its worldwide acquisition strategy to include Brazil.　　Last month, Coinbase purportedly revealed plans to buy 2TM, the parent company of Mercado Bitcoin, a Brazilian Bitcoin exchange platform that is recognized as the largest crypto exchange in the Latin American region. Coinbase established an engineering hub in Brazil in November 2020 and posted various opportunities to strengthen its workforce in the region.　　Coinbase purchased Agara, an AI-powered customer assistance company based in India, in November of last year. Coinbase

2022-04-25Malalim na Pagsisid

BlockApps Secures $41 Million in Series B Funding

BlockApps, a blockchain services business, revealed that it has raised $41 million in Series B funding.　　Liberty City Ventures and Morgan Creek Digital will also serve as directors on the BlockApps board. Investors such as Eidetic Ventures and Givic participated in this round of funding. ConsenSys, Bloccelerate, Fitz Gate Ventures, Arab Angels, Kenetic Capital, and PropelX also participate in this round of funding.　　The new funds will be used to prepare the company for an IPO and to establish collaborations in order to foster innovation in the blockchain ecosystem. BlockApps has received $44.1 million in investment over six rounds.　　Morgan Creek Digital Partner Xavier Segura stated:　　“BlockApps is one of the most exciting players in enterprise blockchain. Crypto and NFT companies have seen some early successes in the industry, but theres an even bigger opportunity for BlockApps.”　　BlockApps is a Blockchain as a Service provider with clients ranging from startups to Fortune 500 companies. Through its platform, BlockApps STRATO, the companys objective is to accelerate the use of blockchain technology. BlockApps was established in 2015 and is based in Brooklyn, New York.　　The corporation announced that it would actively develop collaborations with energy companies such as Chevron and Exxon Mobil in order to tackle the blockchains

2022-04-25Malalim na Pagsisid

Medical Blockchain LEMONCHAIN Token to List on MEXC Crypto Exchange

On April 20, the native token LEMC of LEMONCHAIN Ltd., a project in the medical blockchain industry, announced its listing on the MEXC cryptocurrency platform.　　LEMONCHAIN is an open data ecosystem that enhances the individual patients healthcare data authority through blockchain technologys decentralisation of EMR (electronic medical record).　　The trading of LEMC/USDT has been opened officially. This is the first additional token listing on the MEXC virtual currency exchange to the general public within a month, following ProBitGlobals global listing on March 18.　　Kwon Ki-Uk, CEO of Lemon Chain, Co. Ltd., shared about the development and stated that one of their goals is to reduce information asymmetry between individual patients and medical institutions. He added that:　　“Our goal is to decentralise personal information in the healthcare field and transform it into a patient-centred life-cycle healthcare ecosystem, enabling a reliable information exchange. Through this, we plan to enhance patients rights by solving short and long-term problems related to acquiring health records. The first DApp to which LEMC is being applied, ChungGu-ui-Shin: All Mighty Reimbursement, has already been launched. The second and third DApps are currently in development.”　　MEXC Exchange provides real-time prices of crypto tokens such as Bitcoin BTC. Currently, MEXC Global caters to 6 million+

2022-04-25Malalim na Pagsisid

Ripple CEO Brad Garlingouse Speaks Against Bitcoin 'Tribalism'

While many may consider the unwavering support from Bitcoin “Maximalists” like MicroStrategy‘s Michael Saylor and Block Inc’s Jack Dorsey, Ripple CEO Brad Garlinghouse believes the culture of “Tribalism” in which some people support one digital asset only is dragging the growth of the cryptocurrency industry.　　“Polarization isnt healthy in my judgement,” Garlinghouse said, speaking in an interview with CNBC at the Paris Blockchain Week Summit. “I own bitcoin. I own ether, I own some others. I am an absolute believer that this industry is going to continue to thrive.”　　For an industry that began more than 13 years ago with Bitcoin, there has been a lot of evolution, with more than 18,900 diverse cryptocurrencies summing up to about $2 trillion in market capitalisation per data from CoinMarketCap. Amidst this diversity, Garlinghouse believes every digital asset has a specific solution it brings to the table, and these differences should be appreciated.　　“Yahoo could be successful, and so could eBay ... They‘re solving different problems,” he said. “There’s different use cases and different audiences and different markets. I think a lot of those parallels exist today.”　　The Ecosystem and the Ripple Backing Against SEC　　While Garlinghouses company, Ripple, is closely associated with the XRP coin, which it

2022-04-25Malalim na Pagsisid

MakerDAO Adds Layer-2 Network StarkNet to Address DAI Transaction Costs

MakerDAO, a major DeFi protocol and the creator of the DAI stablecoin cryptocurrency, announced on Wednesday that it has integrated StarkNet, an Ethereum Layer 2 network (a scaling solution), on its platform.　　With the integration, MakerDAO said that StarkNet would enhance the multichain capabilities of its dollar-pegged stablecoin DAI and the related functions of Maker Vaults to reduce transaction costs and improve throughput speed on its platform. Maker Vaults is a core component of the Maker Protocol, which helps to facilitate the generation of Dai stablecoin against locked up collateral.　　Ethereums higher price gas fees have been a nightmare and have driven more activities and users to other blockchains. MakerDAO stated that the deployment of StarkNet, the zero-knowledge (ZK) side chain, will help address the cost and congestion of its native Ethereum environment by bridging to a cheaper and faster network on this platform. 　　The rollout, which is planned to start on April 28, is expected to take place in four phases. The deployment is expected to become fully operational in the third quarter of this year (between July to September) as highlighted in the protocols roadmap.　　Louis Baudoin, the core unit facilitator at StarkNet engineering, talked about the development and said, “as

2022-04-25Malalim na Pagsisid

NFT Marketplace Launches in Beta on Coinbase Exchange

Coinbase Global Inc, a Nasdaq-listed cryptocurrency trading platform, has announced the debut of the Beta version of its Non-Fungible Token (NFT) marketplace, months after announcing plans to launch the service.　　Coinbase stated at a press conference that the Beta version is only available to a small group of customers who were chosen based on their position on the queue when it was launched for registration last year.　　Only Ethereum-based collections such as Doodles, Azuki, World of Women (WoW), and Where My Vans Go will be available on the Coinbase NFT marketplace at launch. For a limited period, no costs will be paid, and when fees are charged, they will be in the single digits and competitive with industry standards, according to the trading platform.　　Growth Strategies for the Non-Financial-Transactions (NFT) Market　　Coinbase is launching its NFT marketplace well aware that there are dominant competitors in this industry, like OpenSea, Rarible, and LooksRare, among others. Based on this information, Coinbase has designed its marketplace to be much more than a trading platform for digital artworks and collectibles, but also a catalyst for community building.　　“Were developing a marketplace where you can buy and trade NFTs, but more importantly, you can engage,” said Sanchan Saxena, VP of

2022-04-22Malalim na Pagsisid

NBA 2022 Playoffs to Release 18,000 NFTs

The National Basketball Association (NBA), a professional basketball league based in the United States, will issue 18,000 dynamic non-fungible tokens (NFTs) on the Ethereum network to each player that competes in this years playoffs.　　The Association NFT collection will have 240 players and 16 teams, with each player receiving 75 NFTs.　　The NBA playoffs are the main postseason competition that determines the league champion. As a result, this years edition will be commemorated with NFTs, which will be capable of altering appearance dependent on a players on-court performance.　　According to the announcement:　　“The Association NFTs are connected to live data feeds and computations for each respective team and player via Chainlink Oracle. This allows each players NFT appearance to change in an automated manner based upon the pre-set achievements that are written into the Galaxis smart contract.”　　Furthermore, because the NFTs would be issued transparently and randomly using Chainlink VRF, participants will have an equal opportunity to mint any player, according to the paper.　　“The Association NFTs are being issued in a blind-mint, meaning that nobody will know which 2022 NBA Playoffs player they will receive prior to the reveal on April 22nd.”　　The distribution of these digital assets coincides with the release of an NFT collection

2022-04-22Malalim na Pagsisid

Blockchain-based Games Rallied Up 2,000% in One Year, DappRadar’s Latest Report Shows

DappRadar, a major online platform that offers information and insights about all the existing blockchain-based decentralized applications (DApps), Wednesday disclosed through its Blockchain Games Report that interest in blockchain-based games has risen by 2,000% since Q1 of 2021.　　The study shows that blockchain games are leading in decentralized applications, which put them at 52% of all blockchain activities.　　The report further reveals that blockchain games attracted 1.22 million unique active wallets (UAW) in March of this year. According to the report, Axie Infinity, a platform that offers decentralized games, was responsible for 22,000 such unique active wallets despite Ronin Network, a sidechain tied to Axie Infinity, being hacked that led to a loss of $615 million in stolen funds.　　The study also indicated that an increase in popularity of play-to-earn (P2E) non-fungible token (NFT) games on Ethereum sidechains have been a big factor that significantly contributed to the growth of the blockchain games. As per the report, popular crypto games platforms on Polygons MATIC blockchain such as Crazy Defense Heroes, Pegaxy, Arc8, and Aavegotchi have spurred a 219% rise in Polygons gaming activities since the beginning of 2022.　　Besides that, the report indicated that blockchain-based games raised $2.5 billion in Q1, 2022 from investors.

2022-04-22Malalim na Pagsisid

Blockchain Can Improve Climate Crisis through Smart Contracts, Study Shows

As climate change is considered a desperate issue in modern times. Blockchain technology is expected to act as a stepping stone towards addressing economic complexities and interoperability when transiting to renewable energy, according to a report by Chainlink Labs and Tecnalia.　　As a leading provider of open-source blockchain oracle solutions, William Herkelrath believes Chainlink Labs will help create a data-driven backend infrastructure required to tackle the climate crisis. 　　The managing director at Chainlink Labs added:　　“By using Chainlink to bridge some of the highest-quality climate data in the world onto blockchains for energy and climate initiatives, we can give the clean energy sector the tools it needs to expand its impact.”　　Smart contracts play a significant catalyst in adopting blockchain technology because they automatically document, control, or execute legally relevant actions or events per the agreement. 　　Therefore, they can offer developers the tools to create the next generation of clean energy solutions by tapping high-quality energy and climate data on-chain.　　The report highlighted various use cases in which smart contracts could aid in the clean energy journey. They included using parametric energy conversion contracts, issuing carbon credits or consumer rewards, and tokenising energy commodities and project cash flows. 　　Blockchain is expected to fill the

2022-04-22Malalim na Pagsisid

The US Air Force Trademarks The Digital Metaverse 'SpaceVerse'

The United States Air Force (USAF) has submitted a trademark application with the United States Patent and Trademark Office for the term “SpaceVerse” in order to expand military training into the metaverse.　　“SpaceVerse,” according to a tweet on Tuesday, is intended to “converge terrestrial and space physical and digital realities” and “provides extended-reality training, testing, and operational settings.” It will also provide a secure digital metaverse of synthetic and virtual extended-reality (XR) training, testing, and operational settings, according to the filing.　　Last Thursday, April 14, the application was submitted. The trademark application was accepted by the Office (it met the minimal filing requirements) but has yet to be assigned to an examiner.　　Mastercard filed for 15 trademarks related to NFTs, crypto, and the metaverse two weeks before the USAF submission. They include NFT-backed multimedia, digital commodities markets, and payment transaction processing and e-commerce software businesses associated to the metaverse.　　American Express, another payment company, filed for similar trademarks as Mastercard last month for “downloadable computer software for allowing the transfer of a virtual payment card to an electronic mobile wallet,” among other things.　　As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects in a bid to protect you

2022-04-22Malalim na Pagsisid
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Pamilihang pandaigdig # Regulatory na inspeksyon Platforma

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