Ethereum-compatible elastic blockchain network, the SKALE Network, completed a $17.1 million funding round for mainnet launch. The Skale Network, decentralized Ethereum-compatible network, has completed a $17.1 million funding round for mainnet launch. Solid global backing Backed by the Liechtenstein’s Node Foundation and United States-based Skale Labs, the network now has over 40 investors in the […]
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An overview of Ethereum starting with its rise, then through the two most significant regulatory events and what future is ahead. This article provides an overview of Ethereum’s rise, from conception through its initial coin offering (ICO) and beyond. Coinciding with the ICO came attempts to regulate and classify digital currency by multiple governmental and […]
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Countries around the world take varying approaches to the crypto gambling and betting, with Japan perhaps having the most defined stance. The Japanese House of Representatives recently passed new crypto asset regulation affecting exchanges and custodians — the Payment Services Act and the Financial Instruments and Exchange Act. However, the country’s crypto gambling industry still […]
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Loom Network launches a new bounties and rewards program that involves several bonuses worth up to $70K to grow its ecosystem. Loom Network, a blockchain-based platform designed with large-scale social apps and games in mind, launched a new bounties and rewards program. In the announcement published on Sept. 24, Loom said that it kicked off […]
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Medical and recreational cannabis producer Uruguay Can taps Aeternity’s blockchain to track its supply chain. Decentralized application (DApp)-focused blockchain Aeternity will be used to track the supply chain of Montevideo-based medical and recreational cannabis producer Uruguay Can. Aeternity announced in a press release published on Sept. 25 that it is creating a supply chain management […]
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Samsung’s entry into the crypto mining industry could disrupt the entire ecosystem if its latest patent comes to life. Electronics giant Samsung filed for a patent in May 2019 titled, “Programmable Blockchain Solid State Drive and Switch.” Even though few details are known about the newly designed system, a surge in patent applications filed by […]
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Online real-time economic strategy game Prospectors will be launching on WAX blockchain. The online real-time economic strategy game, Prospectors, will be launching on the Worldwide Asset eXchange (WAX). Prospectors blockchain game lands on WAX In a Sept. 17 blog post, WAX announced that one of the largest dApps in the world, The Prospectors, is launching […]
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Fraudulent advertisements have reportedly begun to circulate Facebook, offering to join the Telegram Open Network investment platform. Fraudulent advertisements have reportedly begun circulating Facebook offering to join the Telegram Open Network (TON) investment platform. As Russian news outlet Kommersant reported on Sept. 20, ads promoting the so called “Successful Investor” account appeared on Facebook. Once […]
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Although blockchain investments appear to be decreasing, adoption and sentiment are on the rise, according to various research papers. There are mixed indicators regarding the current progress or stalling of blockchain adoption throughout the enterprise world. Research has indicated that investments have dropped by over half over the last year, contrary to other research showing […]
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Select altcoins are showing promise but can the top-five performers of the past week build on their gains? Let’s look at the charts. Facebook’s Libra continues to face opposition from lawmakers and central banks around the world. French Finance Minister Bruno Le Maire said that Europe should consider a European public digital currency to counter […]
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