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“# Blockchain-based platform for fractional property ownership launches in India ” A fintech firm from Pune, India has launched a blockchain-based registry system named RealX that allows Indian citizens to purchase fractional ownership in properties. A report from The Economic Times states that RealX has partnered with Tripvillas, a holiday home rental service, to blend…
“# Here’s why Algorand (ALGO) price just rallied to a new multi-year high ” Real-world adoption is what really matters when it comes to being a successful blockchain project and one project that benefited from a recent uptick in adoption is Algorand (ALGO), a pure proof-of-stake protocol aiming to become the go-to base layer for…
“# OpenSea bug appears to have destroyed nearly $100K in NFTs ” Reports have emerged that a bug on OpenSea’s marketplace has deleted user-owned NFTs worth 28.44 Ethereum (ETH), nearly $100,000 at the time of writing. The information was revealed online by Nick Johnson, lead developer of Ethereum Name Service, or ENS, who reportedly lost…
“# Cointelegraph Research: Is Solana an ‘Ethereum killer?’ ” Solana has been a trending altcoin due to the successive weeks of price increases. At the time of writing, Solana traded at around $207, which is an 11,400% surge from less than two dollars back in January. At its present worth, Solana sits among the top…
“# As Bitcoin debuts in El Salvador, Honduras and Guatemala study CBDCs ” Two Central American countries, Honduras and Guatemala, are taking a cue from their common neighbor’s adoption of Bitcoin (BTC), but they are taking a very different road. Instead of embracing an existing cryptocurrency as a legal tender, like what El Salvador did,…
“# Korean crypto ‘Jedi Master’ plans to launch second VC blockchain fund ” One of South Korea’s leading blockchain evangelists is embarking on another huge blockchain fundraise following the success of his first. Simon Seojoon Kim is planning to raise $173 million for a second blockchain fund following the success of the initial one which…
“# Russian State Hermitage raises $440K via Binance NFT auction ” Despite the Russian state maintaining a mostly unfriendly stance on cryptocurrencies like Bitcoin (BTC), a major state-backed museum is benefiting from the industry by raising hundreds of thousands of dollars with nonfungible tokens, or NFTs. The Russian State Hermitage Museum, the largest museum in…
“# IOTA Foundation to support EU blockchain initiative ” The European Commission’s blockchain initiative has selected the IOTA Foundation as one of seven projects to participate in the preliminary stage of designing an EU-wide distributed ledger technology platform. The initiative seeks to increase the efficiency and accountability of the European Blockchain Services Infrastructure (EBSI), a…
“# Project Giant: Nigeria’s CBDC set for pilot rollout on Independence Day ” After four years of development, the Central Bank of Nigeria (CBN) is set to roll out its digital currency project. The launch will reportedly happen on the occasion of the country’s 61st Independence Day celebration on Oct. 1. Nigeria’s central bank digital…
“# Taiwan police arrest 14 suspects for scamming over 100 crypto investors ” Taiwan’s police administration has reportedly arrested 14 people for running a $5.41-million (150 million New Taiwan dollars) investment scam over the past year, involving more than 100 cryptocurrency investors. CIB investigator Kuo Yu-chih said that the scam was led by a local…