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“# Blockchain-based renewable energy marketplaces gain traction in 2021 ” Concerns about energy production, resource consumption and its impact on the environment are one of the dominant topics of debate on the global stage. The intensive energy costs of mining Bitcoin and other proof-of-work cryptocurrencies are also frequently pointed to as a serious downside to…
“# Half a billion people just had their Facebook data leaked ” According to a security analyst, sensitive personal information for over half a billion Facebook users was leaked on a well-trafficked hacking forum earlier today — a potential risk to millions of cryptocurrency traders and hodlers who now may be vulnerable to sim swapping…
“# NFTs ‘ten times better’ than traditional art, says Beeple’s $69M NFT buyer ” Nonfungible tokens are “ten times better than their physical counterparts”, according to digital art collector MetaKovan. The pseudonymous art patron, who was recently revealed to be blockchain entrepreneur Vingaresh Sundaresan, bought the NFT of Beeple’s “EVERYDAYS: THE FIRST 5000 DAYS” for…
“# What you should know before buying or selling an NFT in the US ” Nonfungible tokens appear to be an idea whose time has come. Originally developed for use with collectible trading-card games, NFTs can represent almost any unique asset. Outside of the gamer context, the first NFT to gain widespread popularity was probably…
“# Chainlink releases native Substrate module to bring its oracles to Polkadot ” Polkadot and Chainlink have announced the release of Chainlink’s Price Feeds as a module, or “pallet” in Polkadot terminology, for the Substrate blockchain framework. The release means that any project building on the Substrate framework — which includes Polkadot and Kusama parachains,…
“# Ethereum’s return to all-time high accompanied by 77% rise in transaction fees ” Ether (ETH), the second largest cryptocurrency by market capitalization, returned to an all-time high on April 2 when the spot price for each unit of ETH exceeded $2,000. Meanwhile, the ominous spectre of Ethereum’s unwieldy transaction fees made itself felt once…
“# Bank of Thailand to begin central bank digital currency tests in 2022 ” The Bank of Thailand has set its agenda for a retail central bank digital currency with preliminary testing protocols scheduled to begin in Q2 2022. Thailand’s central bank made this known in a press release issued on Friday calling for public…
“# Bitcoin surge could be driving digital yuan interest, says People’s Bank of China ” The cryptocurrency space may be helping to spawn its own competitors after a representative of the People’s Bank of China said Bitcoin’s (BTC) recent surge had caused renewed interest in the nation’s digital yuan project. The digital yuan is China’s…
“# Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention ” Distributed storage network project Filecoin is the talk of the town as FIL was the most highly traded token on Huobi, OKEx and Gate on Thursday. These three exchanges have a predominantly Chinese user base and represent a…
“# A new era of content monetization? Blockchain tech can get you paid ” By doing so, they have helped regular people become known celebrities, many of whom now hold more influence than TV networks and print media outlets. The same can be said for music streaming services like Spotify and iTunes, which now allow…