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“# Enterprise meets DeFi: Organizations work toward adopting blockchain tech ” Decentralized finance is quickly maturing. While the total value locked in DeFi is over $45 billion, financial institutions and large corporations are starting to implement DeFi concepts to automate business processes. This is known as “enterprise DeFi.” For instance, invoices and other financial products…
“# Crypto myth busted: Users haven’t mined Ether using a PlayStation 5 yet ” While users might still be able to adapt some gaming consoles for mining cryptocurrency, evidence suggests that recent reports of a modified PlayStation 5 mining Ether (ETH) are fake. According to a report from news outlet GizChina, Chinese software developer Yifan…
“#How a 10-second video clip sold for $6.6 million” LONDON – In October 2020, Miami-based art collector Pablo Rodriguez-Fraile spent almost $67,000 on a 10-second video artwork that he could have watched for free online. Last week, he sold it for $6.6 million. The video by digital artist Beeple, whose real name is Mike Winkelmann,…
“# Ethereum and DeFi are forcing smart contract platforms to evolve ” The decentralized finance movement was a ticking time bomb waiting to detonate when it finally exploded in 2020. From automated market makers to the industry’s current obsession with liquidity mining, DeFi has grown leaps and bounds over the last year. Most decentralized finance…
“# Tezos gets new oracle through Wolfram Blockchain Labs integration ” Wolfram Blockchain Labs, the cryptocurrency-centric division of popular computing engine provider Wolfram Alpha, is adding support for Tezos on its platform, providing a two-way interface with the blockchain. Announced on Monday, the integration adds support for Tezos blockchain data within the Wolfram Language, which…
“# More Bitcoin! Michael Saylor’s MicroStrategy just keeps buying BTC ” MicroStrategy’s Bitcoin buying spree shows no signs of slowing after CEO Michael Saylor announced the purchase of another 328 Bitcoin (BTC) on Monday. The acquisition, which was paid for in cash, cost the firm around $15 million and equated to an average coin price of $45,710…
“# Tether hit with 500 Bitcoin ransom demand — but says it won’t pay ” Hackers have threatened to release sensitive company documents supposedly belonging to USDT stablecoin issuer Tether unless the firm sends a 500 Bitcoin (BTC) ransom to a specified address. As revealed by the official Twitter account for Tether on Feb. 28,…
“# Fantom brushes off network outage with another 30% price surge ” The decentralized smart contract platform Fantom (FTM) continued its resurgent rally to the tune of 32% on Monday, despite a temporary network outage that saw the blockchain stop producing blocks for seven hours. Fantom emerged among the top 100 in the market cap…
“# China’s BSN partners with TON Labs to utilize Telegram blockchain ” TON Labs and China’s Blockchain-based Service Network are collaborating to build applications on the Telegram-built TON protocol. According to an announcement issued on Monday, the partnership grants BSN developers access to TON technology. As with other instances of adapting public networks to the…
“# Gazprom Neft uses blockchain tech to streamline aircraft refueling ” Russian oil firm Gazprom Neft’s aviation subsidiary — Gazpromneft-Aero — announced Monday that it has completed a successful pilot of its blockchain-based refueling project, Smart Fuel. The new platform was implemented for more than 100 scheduled flights of Russian budget airline Smartavia, operating at the…