Blockchain

Associated Press plans to launch Chainlink node to publish data

Associated Press plans to launch Chainlink node to publish data

The Associated Press news agency announced it would be launching its own Chainlink oracle node to ensure any data from its U.S. newspaper and broadcaster members would be cryptographically verified. In an Oct. 21 announcement, the Associated Press, or AP, said smart contract developers would have access to the agency’s “economic, sports, and race call …

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Chinese e-commerce giant JD.com drops NFT series on its own blockchain

Chinese e-commerce giant JD.com drops NFT series on its own blockchain

Chinese online retail giant JD.com is diving into the nonfungible tokens, or NFTs, industry by introducing a special NFT series for its annual JD Discovery conference. Using its proprietary blockchain platform, JD.com will be distributing commemorative NFT certificates to attendees of the JDD 2021 event in Beijing, the Chinese new agency Sina Finance reported Oct. …

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SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF

SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF

SEC Chair Gary Gensler and Proshares CEO Simeon Hyman discussed the launch of the first Bitcoin-linked ETF in a CNBC breaking news segment on Tuesday. Proshares Bitcoin Strategy ETF, also known as BITO, is based on CME Bitcoin futures contracts. CNBC commentator Bob Pisano shared concerns from some investors that BTC futures could deviate from …

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Polkadot unveils $770M development fund ahead of parachain auctions

Polkadot unveils $770M development fund ahead of parachain auctions

Polkadot (DOT) founder Gavin Wood has unveiled a $777 million development fund ahead of the network’s parachain lease auctions. Wood tweeted on Oct. 17 that Polkadot’s treasury has allocated more than 18.9 million DOT (worth roughly $777 million at the time of writing) to a development fund that will be disbursed through community governance. Wood …

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Portfolio rebalancing through DeFi must be simplified to see adoption

Portfolio rebalancing through DeFi must be simplified to see adoption

Central banks and key leaders are increasingly raising further alarms for rising inflation, causing spirals of doubt across the world. Just recently, United States Treasury Secretary Janet Yellen called for Congress to either raise or suspend the U.S. debt ceiling, stating that the government will run out of money to pay its bills by October. What …

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Crypto finserve Bakkt to soon trade publicly on New York Stock Exchange

Crypto finserve Bakkt to soon trade publicly on New York Stock Exchange

Bakkt Holdings, the digital assets management arm of Intercontinental Exchange (ICE), has announced to soon become a publicly-traded company on the New York Stock Exchange from Oct. 18.  The public listing for Bakkt ticker comes as a result of a merger with VPC Impact Acquisition Holdings, a Chicago-based special purpose acquisition company. According to an …

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NFTs allow people to ‘interact with crypto in a hands-on way’ — Shaq

NFTs allow people to ‘interact with crypto in a hands-on way’ — Shaq

Nonfungible tokens, or NFTs, have been a revolutionary force in the crypto, arts and sports industries, not only because of the financial liberation successful projects offer to creators but also their ability to bring art lovers closer to creators and bring athletes closer to their fans.  Prior to 2021 — and a few blockbuster sales …

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Half of unique active crypto wallets played a blockchain game in Q3

Half of unique active crypto wallets played a blockchain game in Q3

The number of crypto wallets participating in blockchain games has surged in recent months according to new research. According to DappRadar’s Q3 ‘Blockchain Game Report’, unique active wallets connected to gaming decentralized applications reached a total of 754,000 for the period. This represents almost half of the industry’s activity with the blockchain industry registering 1.54 …

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Aurora raises $12M in debut funding to scale Ethereum ecosystem

Aurora raises $12M in debut funding to scale Ethereum ecosystem

Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (dApps) built on the Near protocol, has announced a $12 million debut funding round. The round included over 100 venture capital investors including Pantera Capital and Electric Capital. According to an official statement, Aurora will use the funds for expanding ​​cross-chain capabilities beyond its …

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Polkadot to debut parachain auctions after governance vote

Polkadot to debut parachain auctions after governance vote

Polkadot (DOT) has laid out a schedule to debut parachain auctions on Nov. 11 following unanimous approval from the blockchain’s on-chain governance council members. The news marks a landmark achievement as it fulfills the final core technical element of the whitepaper published five years ago.  Parachains are uniquely distinctive layer-1 blockchain platforms that operate laterally alongside …

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Binance to launch $1B fund to develop BSC ecosystem

Binance to launch $1B fund to develop BSC ecosystem

The Binance cryptocurrency exchange has announced a $1 billion accelerator fund to expand the capabilities of the Binance Smart Chain ecosystem and advance mainstream adoption across the financial technology sector. The exchange showcased the eight-figure fund in a tiered development model across four specialist areas: Talent Development, Liquidity Incentive Program, Builder Program, Investment & Incubation …

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Ripple and Nelnet launch $44M fund for carbon-negative crypto industry

Ripple and Nelnet launch $44M fund for carbon-negative crypto industry

Blockchain payments firm Ripple has announced a $44-million environmental, social and governance (ESG) joint venture partnership with fintech provider Nelnet Renewable Energy to fund the adoption of environmentally conscious solar energy initiatives across the United States.  According to the announcement, the new fund is expected to offset over 1.5 million tons of carbon dioxide over …

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Elliptic raises $60M to advance crypto analytics service

Elliptic raises $60M to advance crypto analytics service

Cryptocurrency risk management firm Elliptic has announced a $60 million Series C funding round led by Evolution Equity Partners and supported by a panoply of venture capital firms including SoftBank Vision Fund 2, as well as existing investors AlbionVC, Digital Currency Group, Wells Fargo Strategic Capital and SBI Group, amongst others. Elliptic’s history of funding …

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