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Blockchain
Crypto Supports Formula 1 Racing in Modern Technology , Says Mercedes Lead
With 80% of racing teams in the 2022 Formula 1 (F1) grid featuring at least one crypto sponsor, Mercedes team principal Toto Wolff believes that cryptocurrencies are part of modern technology that cannot be ignored.
Wolff pointed out:…
Ethereum Validators Hit 300,000, Non-Zero ETH Addresses Reach ATH
The number of validators on the Ethereum network continues gaining steam after hitting the 300,000 mark.
Moreover, staked Ether crossed the 9.5 million level to reach 9,599,919 ETH.
Ethereum 2.0, recently renamed to the consensus…
NFTs to be Instrumental for Fashion Industry in the Metaverse, GlobalData Analyst Says
With non-fungible tokens (NFTs) continuously taking the world by storm, these digital assets are perfect for fashion in the metaverse, according to Amrit Dhami, a thematic analyst at GlobalData.
She noted:
“While there is significant…
Hungarian Central Bank Governor Advocates EU Wide Crypto Ban
The Governor of the Hungarian Central Bank, György Matolcsy, recommended that all cryptocurrency-focused activities including trading and mining should be banned across the European Union.
In a release published on the Magyar Nemzeti…
Polkadot Auction Winner Astar Network Secures $22M in Venture Capital Funding
Astar Network, a Polkadot parachain auction winner has secured the sum of $22 million from venture capital as well as angel investors.
As unveiled by the blockchain protocol, the fundraise drew participation from Polychain, Alameda…
Dock Plans to Use Cryptos for International Money Transfers: Reuters
Brazilian financial services platform Dock offers solutions for the entire digital payments ecosystem, according to Reuters. The company, formerly Conductor Technology, plans to utilise cryptocurrencies for international remittances and to…
South Korean Movie Industry Embraces NFTs by Offering Merchandise and Collectible Tickets
To attract more viewers, the movie industry in South Korea has gone a notch higher by incorporating non-fungible tokens (NFTs) as a marketing tool.
With NFTs taking the world by storm, the Korean movie sector has not been left out of…
Top Crypto Assets are in Fear Trajectory, Could this Signal a Bounce?
The crypto market continues to be in the red based on more liquidation, resulting in the leading cryptocurrencies being in the fear zone.
Market insight provider Santiment confirmed:
“Have we dipped low enough where there's "blood in…
Banks Want in on Crypto this Year, but Obstacles Remain
With 2021 being a highly successful year for decentralised crypto in terms of popularity and value, obstacles remain for banks looking for ways to fight issues that differ from their core values and carve their way into the crypto craze in…
Adam White Reveals to Depart from Bakkt
Adam White, president of U.S. Institutional Exchange Bakkt, posted an official Twitter on December 23, stating that next week will be his last time at Bakkt.
Adam White has worked at Bakkt for more than three years. Since he joined Bakkt…