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” WEF 2022: Blockchain and digitization to take center stage at Davos “ The annual meeting of the World Economic Forum (WEF) is scheduled to take place from May 22–26, marking the first in-person WEF global leadership event since the pandemic began. The annual meeting was first scheduled for January but was later turned into…
” Cardano accelerator program Genius X ISPO nets $105 million in ADA “ Cardano-based accelerator program Genius X has seen more than $105 million worth of ADA delegated to its initial stake pool offering (ISPO). This comes after the firm’s decentralized automated market maker and liquidity management protocol Genius Yield completed its ISPO on May…
” Algorithmic, fiat-backed or crypto-backed: What’s the best stablecoin type? “ TerraUSD (UST) flipping BinanceUSD (BUSD) for the third spot in the market capitalization list didn’t last long. The once-mighty stablecoin that powers the entire Terra ecosystem finds itself reduced to “Terra is more than UST” tweets. While no one knows for sure if LUNA…
” Crypto veterans extend a helping hand to bear market newbies “ As the bears take over and the markets slow down, Twitter user DeFi Edge asked crypto veterans, who experienced the bear market of 2018, what advice they would give to traders who are encountering it for the first time. In a reply to…
” Ethereum devs tip The Merge will occur in August ‘if everything goes to plan’ “ Ethereum’s long-awaited migration to a proof-of-stake (PoS) consensus mechanism, which has been pushed back time and time again, looks set to occur sometime in August. Hopefully. Preston Van Loon, a core developer of the Ethereum (ETH) network, told attendees…
” People want to be paid crypto to exercise in the Metaverse: Survey “ A new survey has found that over 80% of people would be motivated to take up more physical exercise if they were paid in cryptocurrency for their efforts. The survey, which was conducted by fitness website FitRated, asked 1,001 Americans for…
” Tether CTO: Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’ “ Tether and Bitfinex CTO Paolo Ardoino said that the Terra (LUNA) project was not intended to be a rug pull, but was simply “poorly designed.” Speaking on the Terra ecosystem’s market-shattering crash, Ardoino likened its algorithmic stablecoin TerraUSD…
” How NFTs are making real estate investments more attainable “ Analysts continue to view real estate as a secure and lucrative investment based on its history of higher returns, especially when compared to traditional stocks. In many ways, stability can be likened to the scarcity principle driving demand. But ultimately, there are only so…
” SWIFT, Capgemini team up to test using the international network for CBDC transfers “ The Society for Worldwide Interbank Financial Telecommunication, or SWIFT, the Belgian financial messaging network used by banks in international money transfers, announced Thursday that it is teaming up with French IT company Capgemini to conduct experiments with cross-border central bank…
” Hyperledger Foundation deploy new versions of three blockchain tools to enhance ecosystem “ Enterprise blockchain firm Hyperledger Foundation has announced the development and release of three roadmap projects: Cactus 1.0, FireFly 1.0 and a preview version of Iroha 2.0’s long-term support (LTS). Operating under the umbrella of the Linux Foundation, Hyperledger supports an ecosystem…