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“# China’s blockchain service network announces Cosmos integration ” Tweeting on Monday, the Blockchain-based Service Network — China’s blockchain infrastructure project — announced that it had adapted Cosmos (ATOM) to its Chinese network. The Chinese BSN, unlike the international version, only supports permissioned enterprise blockchains. Thus, the Cosmos integrated to the Chinese-only BSN is an…
“# Microsoft uses blockchain technology to purchase soil carbon credits in Australia ” Microsoft has employed blockchain technology to purchase soil carbon credits in Australia. In combination with Regen Network — built on the Cosmos blockchain — the CarbonPlus Grassland credits were initially issued to two ranches in New South Wales. The carbon credits are…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ATOM, COMP ” Over the past seven days, the crypto market saw an uptick in volatility as Bitcoin (BTC) and Dogecoin (DOGE) price rallied higher simply because of social media activity. In situations like these, traders who make their investment decisions based on emotions…
“# Grayscale prepares for DeFi future with new cryptocurrency trust filings ” The largest Bitcoin (BTC) and cryptocurrency asset manager in the world, Grayscale, could be set to move into the decentralized finance space after documents for several new trusts were filed in the Delaware corporate registry. New trust filings for Aave (AAVE), Polkadot (DOT)…
“# Top 5 cryptocurrencies to watch this week: BTC, LINK, UNI, XTZ, ATOM ” Bitcoin (BTC) price has yet to recapture the $40,000 level and traders who were expecting a quick resumption of the uptrend may have been caught off guard by the recent pullback. This could have led to the liquidation of about $500…
“# Bitcoin bulls buy BTC’s $35K support retest as altcoins push higher ” Calls for Bitcoin (BTC) to rally above $40,000 were dashed as the top cryptocurrency hit a wall of resistance which sparked a sell-off in the early trading hours. Data from Cointelegraph Markets and TradingView show the price of BTC fell as low…
“# Eth2 becomes the fourth-largest staking network and it keeps growing ” Ethereum 2.0 has already emerged as the fourth-largest proof-of-stake network by total value locked in staking within roughly six weeks of the Eth2 deposit contract going live. Despite withdrawal functionality not yet enabled, and no precise estimation for its full launch date, nearly…
“# Cosmos and Blockstack hackathons offer glimpse into DeFi’s future ” On Friday, blockchain projects Cosmos and Blockstack both announced winners of their respective HackAtom V and HackDeFi hackathons, each offering a glimpse into the coming wave of DeFi development — a vision including marked advances in tooling, interoperability, and composability. While the overwhelming majority…
“# Celo taps Chorus One to build a bridge with Cosmos, paving the way for others ” Celo has awarded a grant to staking service provider Chorus One to build a bridge facilitating interoperability between the Cosmos and Celo networks. The proof-based bridge will allow “bidirectional communication’ between Celo and Cosmos, allowing Celo’s cUSD stablecoin…
“# Top 5 cryptocurrencies to watch this week: BTC, XRP, ADA, XMR, ATOM ” In the past three years the U.S. Securities and Exchange Commission has shot down several applications for a Bitcoin (BTC) exchange-traded fund. This dashed hopes of many investors who believed Bitcoin price would rally higher if an EFT was approved. Although…