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“# Chainlink releases new whitepaper in a shift toward smart contract computations ” Chainlink (LINK) has unveiled its new whitepaper on Thursday, which details a planned expansion and pivot into creating oracle networks for computation. The proposal would see Chainlink generalize its oracle network into a “meta layer” of Decentralized Oracle Networks, or DONs. The…
“# Client malfunction brings down Ethereum’s most popular block explorer ” The OpenEthereum client for Ethereum, formerly known as the Parity client, is reportedly malfunctioning for a number of users on Thursday afternoon UTC, including the popular block explorer Etherscan. According to multiple user reports on GitHub, the OpenEthereum client has been stuck on block…
“# Experts debate whether NFTs really need blockchain ” At the BlockDown 2021 conference, EllioTrades, a crypto YouTuber and co-creator of the Superfarm NFT project, joined a debate about the value of nonfungible tokens, or NFTs, with Edmund Schuster, associate professor of law at the London School of Economics. By definition, NFTs are unique pieces…
“# Finance officials pour cold water on cryptocurrency amid Coinbase celebrations ” Finance officials from both sides of the globe are taking the opportunity to criticize the value and utility of cryptocurrencies as media focus intensifies on the space following Coinbase’s direct listing on the Nasdaq. Bank of Korea governor Lee Ju-yeol said cryptocurrencies had…
“# Garry Tan’s 2013 investment of $300K in Coinbase is now worth $2.4B ” Garry Tan, a prominent angel investor and the founder of Initialized Capital, was one of the first investors to provide seed funding to Coinbase eight years ago. Less than a decade later, and after today’s highly anticipated Nasdaq listing for Coinbase’s…
“#UAE partners with Japan’s ispace to send rover to the moon in 2022” DUBAI – Lunar exploration company ispace will transport a United Arab Emirates rover to the moon in 2022, the company said on Wednesday, as the UAE pushes for rapid expansion in the space exploration business to diversify its economy. The UAE is…
“# Life beyond Ethereum: What layer-one blockchains are bringing to DeFi ” Issues with Ethereum congestion and high fees have led to many companies adopting layer-one solutions like Optimistic Rollups, OMG Network and many others. These platforms allow transactions to be created outside of the Ethereum network on what are known as “sidechains,” which then…
“# European Central Bank releases results of digital euro consultation ” The European Central Bank has published the results of a public consultation on a potential digital euro as the institution inches closer to deciding whether to formally study such an initiative. According to a Wednesday announcement, the ECB received more than 8,200 responses to its public…
“# Canadian Bitcoin ETFs quickly hit $1.3B in AUM while US acceptance lags ” The Purpose Investments ETF, the first Bitcoin (BTC) exchange-traded fund to launch in North America, has seen its assets under management soar to $1.1 billion less than two months after launching. Two Bitcoin ETFs that launched shortly after Purpose’s in Canada…
“# Nifty News: Kevin Smith sells horror flick rights as NFT, Megadeth’s ETH, farming MEMEs … ” Filmmaker Kevin Smith is releasing his latest horror anthology “Killroy Was Here” as a non-fungible token. The owner of the NFT will secure the rights to exhibit, distribute, and stream the work, making it a revenue generator outside…