Browsing:Blockchain News

Inflation in the United States is currently 8.2%, a tenth of a percent higher than anticipated but lower than last month's 8.3%, according to newly released economic data.
1 year ago 1 min read

U.S. economic figures published show inflation is at 8.2%

Inflation in the United States is currently 8.2%, a tenth of a percent higher than anticipated but lower than last month’s 8.3%, according to newly released economic data. The Federal Reserve’s future policy, will be informed by the key consumer report, including interest rates, which reveals that inflation is slowing. However, it is reported to be more slowly than anticipated. This could lead to more interest rate increases from the central bank very soon. After two months of decline, data from the Producer Price Index (PPI) published yesterday showed that the rate of PPI inflation was 8.5% through September, up

With the help of blockchain technology, Samsung's Knox Matrix has increased the security of all connected users' personal smart devices.
1 year ago 1 min read

Samsung secures its network’s devices using a blockchain

With the help of blockchain technology, Samsung’s Knox Matrix has increased the security of all connected users’ personal smart devices. The South Korean multinational electronics corporation, Samsung, announced that it will upgrade the security protocols for all of its smart devices using blockchain technology. Its latest blockchain-based security solution for “cross-device experiences” is called Knox Matrix. This indicates that every Samsung device in the network, including smartphones and home appliances, is covered by the security layer. Samsung claims that Knox Matrix will function as each person’s “own private blockchain system,” with the multi-layered blockchain monitoring installed on all of the person’s connected

The First Information Report (FIR) filed on Polygon enables Firozabad residents to file complaints against the police without being concerned that they will be ignored or fabricated.
1 year ago 2 mins read

Polygon to power India’s police complaint portal which fights corruption

The First Information Report (FIR) filed on Polygon enables Firozabad residents to file complaints against the Indian police without being concerned that they will be ignored or fabricated. After the debut of a new police complaint portal that uses blockchain technology to prevent manipulation, the 2.8 million residents of India’s Firozabad district may now be able to sleep a little more soundly. On October 12, co-founder of Polygon Sandeep Nailwal tweeted that the Firozabad police in Uttar Pradesh had begun using the Polygon blockchain protocol to combat local police corruption and crime. The portal, known as the FIR, enables victims

Shiba Eternity, a trading card game that allows players to "fight without violence" with Shiboshis is gaining popularity among the SHIB army.
1 year ago 1 min read

Shiba Eternity, Shiba Inu collectible card game is gaining popularity among the SHIB army

Shiba Eternity, a trading card game that allows players to “fight without violence” with Shiboshis, was released earlier this month by the community behind the meme-inspired cryptocurrency Shiba Inu ($SHIB). Over 11,000 users have reviewed the game on the Google Play store, giving it an overall rating of 4.6 out of 5. The app store for Apple currently rates the game 4.8 out of 5. In Shiba Eternity, players compete to drain the strength of their rivals’ Shiboshis, virtual canine warriors, by selecting different cards each turn. After being tested in Vietnam in August, the game was first made available in

21Shares AG has launched a bitcoin exchange-traded product (ETP) on Nasdaq Dubai, making it the first physically-backed BTC ETP in the Middle East.
1 year ago 1 min read

21Shares introduces the first physically-backed Bitcoin ETP in Dubai

On October 12, 21.co, a provider of crypto investment products, announced that its subsidiary, 21Shares AG, has launched a bitcoin exchange-traded product (ETP) on Nasdaq Dubai. As a result, it makes it the first physically-backed bitcoin ETP in the Middle East. Furthermore, the launch comes after a $25 million investment round headed by the hedge fund Marshall Wace last month, valuing 21.co at about $2 billion.  You should note that 21.co CEO Hany Rashwan has previously said the business strives to have all of its products, including single-asset crypto ETPs and indexes, available in “every single geography.” A statement released

Visa is set to integrate its B2B connect network with JPMorgan’s suit of blockchain based cross-border payment products.
1 year ago 1 min read

JPMorgan and Visa partner on cross-border blockchain payments

Visa is set to integrate its B2B connect network with JPMorgan’s suit of blockchain-based cross-border payment products. Traditional finance and payment giants JPMorgan and Visa are teaming up to streamline the use of their private blockchain solutions Liink and B2B Connect to facilitate cross-border payments. According to a report from Forbes on October 11, JPMorgan’s Liink is a network specifically designed for cross-border transfers and is provided under the bank’s blockchain and payments initiative Onyx.  For instance, Onyx provides a platform for institutions to share financial information and validate transactions. Similar to Liink, Visa’s B2B Connect was created for institutional use and

Mango Markets attacker puts forward proposal that would pay them $70 million bounty after stealing around $116 million from the DeFi platform.
1 year ago 1 min read

After stealing $116 million from Mango Markets, the attacker asked a $70 million bounty reward

Mango Markets attacker puts forward proposal that would pay them $70 million bounty after stealing around $116 million from the DeFi platform. On October 11, an exploiter stole about $116 million from Mango Markets. In exchange for supporting a governance proposal, they would receive about $70 million as a bounty reward. The governance proposal is currently open for voting, which will end on October 14 at 9:12 p.m. Eastern Time. The attacker has also used the 0.66% of the total supply of stolen MANGO tokens they have obtained to vote in favor of the proposal. According to the proposal, the

Over $100 million was stolen from Mango Markets, a decentralized finance (DeFi) platform running on the Solana blockchain.
1 year ago 1 min read

Over $100 million was stolen from Solana-based DeFi platform, Mango

Over $100 million was stolen from Mango Markets, a decentralized finance (DeFi) platform running on the Solana blockchain. According to data from CoinMarketCap, Mango’s token MNGO was severely affected, falling 42.9% in the last 24 hours to US$0.023 as of 11:15 a.m. in Hong Kong. It appears the attacker was able to manipulate their Mango collateral, according to tweet from blockchain auditor OtterSec. They temporarily increased the value of their collateral before taking out sizable loans from the Mango Treasury. Mango stated they would be “disabling deposits on the front end as a precaution” and “taking steps to have third

GITEX AFRICA marks first international venture for world’s mega tech showcase, in partnership with Morocco’s Digital Development Agency
1 year ago 6 mins read

GITEX leads global tech communities to Africa for historic launch in the world’s next biggest digital economy

GITEX AFRICA marks first international venture for world’s mega tech showcase, in partnership with Morocco’s Digital Development Agency New geographic launch spearheaded by KAOUN International, the overseas events organising company of Dubai World Trade Centre Organiser says the time is now for Africa and urges the global tech community to “Go There” Dubai, UAE, 11 October 2022: GITEX GLOBAL, the world’s mega tech showcase, is embarking on a new journey into Africa, leveraging a 42-year legacy of connecting tech titans, governments, start-ups, investors and global innovation hubs, to accelerate, collaborate, and explore new ventures in the world’s rising tech continent.

Google reportedly partnered with BitPay and crypto exchange company Coinbase Global Inc (NASDAQ: COIN) to activate the new crypto feature,
1 year ago 1 min read

Google teams up with Coinbase to enable crypto payments for cloud services

Google reportedly partnered with BitPay and crypto exchange company Coinbase Global Inc (NASDAQ: COIN) to activate the new crypto feature. This partnership will allow Google to start enabling its users to store cryptocurrency on their digital cards and still make payments in fiat money. A new agreement between Google and Coinbase will enable a select group of customers to pay for their cloud services using virtual currencies like Bitcoin (BTC) and Ether (ETH), according to Bloomberg report. The tech giant also intends to investigate using Coinbase Prime, a custodial service for storing and trading cryptocurrencies, according to CNBC on October

Co-Founder & COO of The Sandbox, and Mike Butcher
1 year ago 3 mins read

Global tech leaders unpack the true value and impact of the Web 3.0 economy at GITEX GLOBAL 2022

UAE, October 10, 2022: International pioneers of the Web 3.0 economy are in Dubai, bringing a host of never-seen-before experiences and technology innovations to propel the next digital revolution at the world’s largest tech event, GITEX GLOBAL 2022. From Oct 10-14, Dubai World Trade Centre (DWTC) is hosting the global tech ecosystem, with over 1,000 thought-provoking speakers and more than 5,000 companies from 90 countries spanning 26 halls and two million sq. ft of exhibition space. H.E. Omar Bin Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, delivered the opening keynote speech

Helium Token HNT
1 year ago 2 mins read

Binance to soon remove multiple trading pairs of the Helium Foundation’s token

The Binance exchange will soon delist several trading pairs of the Helium Foundation’s token because it says it delists assets if they don’t adhere to “high standards.” There is “no basis,” according to Scott Sigel, chief operating officer of the Helium Foundation, for Binance to delist a number of trading pairs of the Helium Network Token (HNT). After Binance announced on October 6 that it was removing cross, isolated margin, and spot trading pairs for HNT and Binance USD (BUSD), Tether, and Bitcoin, Sigel made the following remarks. The HNT/BUSD pair will only be available for spot trading after Oct.