Tagged: distributed ledger technology

January 3, 2022 @ 11:37 am By Omar Faridi  |  

The team at IOHK, which supports the development of major blockchain platform Cardano (ADA), says that 2021 was the year robots, and “graffiti came to a decentralized, smarter Cardano.” The update posted by IOHK noted that Beeple used to illustrate their write-ups, however, art NFTs… Read More

January 3, 2022 @ 10:59 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that advances in quantum computing are “stoking fears” that Bitcoin’s wallet structure is “vulnerable to exploits,… Read More

January 3, 2022 @ 7:50 am By Omar Faridi  |  

SlowMist has shared their review of the blockchain security industry in 2021. The blockchain security firm reveals that international losses for the sector surpassed $9.8 billion. As mentioned in the update from SlowMist, 2021 was a year of “ups and downs” for the blockchain or… Read More

January 3, 2022 @ 1:43 am By Omar Faridi  |  

LTD.INC, a curated platform that teams up with various artists, creators, and brands to launch rare physical and digital NFT collections and experiences via the Ethereum (ETH) blockchain and the latest NFT tech, has announced the “upcoming launch of its Web 3.0 platform and mobile… Read More

January 2, 2022 @ 3:43 pm By Omar Faridi  |  

Bitcoin (BTC) ended 2021 at an average price of $47,400, as Ray Dalio noted that BTC has “proven itself.” Meanwhile, MicroStrategy (Nasdaq: MSTR) continued to acquire more of the leading cryptocurrency to strengthen its corporate treasury, the team at Blockstream noted in a recent market… Read More

January 1, 2022 @ 10:21 pm By Omar Faridi  |  

Surojit Chatterjee, Chief Product Officer at Coinbase (NASDAQ: COIN), notes that 2021 proved to be “a breakout year for crypto” with Bitcoin (BTC) price gaining nearly 70% YoY, DeFi hitting $150B in value locked, and NFTs “emerging as a new category.” Chatterjee has shared his… Read More

December 30, 2021 @ 8:42 am By Omar Faridi  |  

Ontology Network, which claims to be a high performance, open-source blockchain specializing in digital identity and data, notes that VC firm a16z is entering the DAO field via strategic investments into various DAO initiatives, like the recent investments in social DAO project, FWB. Since last… Read More

December 29, 2021 @ 7:21 pm By Omar Faridi  |  

The Coin Metric State of the Network Report #135 notes that decentralized finance (DeFi) has experienced tremendous growth during the past few years. At present, the most widely-used metric to measure DeFi adoption is called “Total Value Locked”, or TVL. According to Coin Metrics researchers,… Read More

December 29, 2021 @ 6:04 am By Omar Faridi  |  

Chainalysis reveals that scams were once again the largest form of cryptocurrency-based crime by “transaction volume,” with more than $7.7 billion worth of crypto taken from unsuspecting victims globally. As noted by Chainalysis, that represents an increase of 81% compared to last year, a year… Read More

December 28, 2021 @ 10:27 pm By Omar Faridi  |  

Chainlink Keepers is a decentralized transaction automation solution that allows smart contracts to effectively automate important functions and DevOps tasks in a reliable, “trust-minimized”, and cost-efficient way. Blockchain developers, teams, and distributed autonomous organizations or DAOs are able to leverage Chainlink Keepers as a type… Read More

December 28, 2021 @ 1:46 pm By Omar Faridi  |  

Layer 2 scaling solution Nahmii has shared updates regarding users’ ability to withdraw funds from Nahmii to Ethereum via their bridge. As the team reaches the end of a busy year for the Nahmii project, they wanted to share a timely update with the community… Read More

December 27, 2021 @ 8:01 pm By Omar Faridi  |  

Dr. Ben Livshits, CEO at Zilliqa, the high-performance, a high-security blockchain platform, notes in an end-of-year update that in a fast-paced industry, the crypto market lows and highs, and uncertainties around Covid-19 “continued to create a trifecta of challenges for all this year.” But the… Read More

December 27, 2021 @ 6:00 am By Omar Faridi  |  

We recently connected with Adam Jeffcoat, the founder of StudioNX, an Emmy award-winning visual development house that creates character-driven IP for feature film, TV and games. With around 20 years of industry experience, StudioNX also specializes in character design, 2d animation, and directing content for… Read More

December 26, 2021 @ 9:08 pm By Omar Faridi  |  

Fnality, the financial technology company establishing a network of distributed financial market infrastructures using blockchain or distributed ledger tech (DLT), revealed it will be able to lower banks’ intraday liquidity requirements “by up to 70%, reducing funding costs and payment delays.” The findings come ahead… Read More

December 26, 2021 @ 8:30 pm By Omar Faridi  |  

Decentralized applications store DappRadar recently published their annual Dapp Industry Report, highlighting records for the decentralized application (dApp) space. As noted in a release shared with CI, 2021 saw the blockchain or distributed ledger tech (DLT) industry expand “across verticals, with usage growing sevenfold as… Read More

December 26, 2021 @ 9:58 am By Omar Faridi  |  

Tencent Holdings Ltd., a major Chinese multinational technology conglomerate holding company founded in 1998, says it’s getting ready for a carbon-neutral future. Tencent, whose subsidiaries globally market Internet-related services and products, including in entertainment, Fintech, artificial intelligence, and other technology, confirmed that earlier this month,… Read More

December 24, 2021 @ 11:59 am By Omar Faridi  |  

HUMAN Protocol announced the complete launch of the HUMAN App: a web-based software application that demonstrates how work “published to the Protocol can be accessed and completed by distributed workforces.” As mentioned in a release, the HUMAN App acts as a gateway to work processed… Read More

December 23, 2021 @ 5:23 pm By Omar Faridi  |  

DeFinity, an institutional digital asset ECN and DeFi marketplace for fiat FX, cryptocurrencies and central bank digital currencies, has teamed up with Cobalt, a market infrastructure provider that’s focused on ‘re-engineering the institutional FX and digital asset markets to facilitate real-time clearing, settlement and dynamic… Read More

December 23, 2021 @ 10:43 am By Omar Faridi  |  

Working with Clearstream, Northern Trust, SETL and others, SWIFT plans experiments in Q1 2022 in order to “explore how it can support interoperability in the development of the tokenized asset market.” Relative to digital currencies and stablecoins, the current market cap of tokenized assets is… Read More

December 23, 2021 @ 9:12 am By Omar Faridi  |  

Astra Protocol is pleased to confirm that it has acquired $9 million via its token raise. In addition, various investment groups and individuals have supported the Astra Protocol project, confirming the requirement for decentralized compliance in the DeFi sector. According to Astra, things are progressing… Read More