Blockchain - Optimisus

1 year ago 1 min read

Crypto era may be coming to an end, says Paul Krugman

Crypto skeptic Paul Krugman stated that we might be witnessing the end of crypto in an editorial piece published in the New York Times. Blockchain technology was covered in the article “Blockchains, What Are They Good For?” along with the demise of cryptocurrencies. He thinks there is no use for blockchain technology. The economics professor claimed that the market was now going through a Fimbulwinter rather than a crypto winter. Fimbulwinter makes an allusion to Norse mythology when it talks of “an unending winter” that comes before the end of the world. In this instance, he predicted that the crypto

1 year ago 4 mins read

WAHED Projects Donates 5 Million WAHED Coins to Fund Autism Research and Therapy

Cranfield, England, 3rd December, 2022, Chainwire Investment and philanthropy platform WAHED has donated 5 million of its utility token WAHED Coin to Fondazione Europea Alessandro Cenci (FEAC) at a private event in Rome. FEAC is an Italian non-profit organization focused on awareness, education and research to improve the care given to children and adolescents on the autism spectrum. In attendance at the Rome event were leadership figures from the WAHED and FEAC organizations. WAHED Chairman Shaikh Abdulla Bin Ahmed Bin Salman AlKhalifa and FEAC President Eros Cenci were joined by prominent members of their teams. Following a locked-in vesting period, 5% of

1 year ago 2 mins read

Inside LBank’s Exquisite Afterparty at DCENTRAL Miami

INTERNET CITY, DUBAI, 2nd December, 2022, Chainwire LBank, a global crypto exchange, hosted an ‘LBank & Crypto Friends’ afterparty alongside the Web3 conference DCENTRAL Miami. LBank was proud to host more than 200 guests from all layers of the industry. This was LBank’s second event in Miami after exhibiting at the Bitcoin 2022 conference earlier this year. ‘LBank & Crypto Friends’, hosted on November 28th, served as a buffer between conference days, giving many attendees a chance to unwind after an intense day. A diverse crowd stopped over for the laid-back event, including Web3 entrepreneurs, investors, crypto enthusiasts, and more. “I met a

1 year ago 1 min read

Russian bank Sber expands support for Ethereum and MetaMask

The biggest bank in Russia, Sber, has said that Ethereum and MetaMask will be supported on its own blockchain. The statement was made at the first ever global gathering of corporate blockchain industry participants, which was hosted by Sber Blockchain Laboratory. The updated features enable smart contracts and decentralized finance (DeFi) on Sber bank’s open-source blockchain. Smart contracts can be freely transferred between the two blockchains thanks to the platform. According to the announcement, “Sber’s blockchain platform lets participants issue tokens and create smart contracts. And integration with the bank’s information systems makes it possible for payments in smart contracts

1 year ago 1 min read

Avalanche blockchain to support Alibaba Cloud’s infrastructure services in Asia

Alibaba Cloud, a subsidiary of Chinese e-commerce giant Alibaba, has announced a cooperation with Avalanche blockchain to support the company’s Node-as-a-Service activities. Avalanche and Alibaba Cloud will collaborate to develop tools that will allow users to construct validator nodes on Avalanche’s public blockchain platform in Asia. The connection will allow Avalanche developers to use Alibaba Cloud’s plug-and-play infrastructure as a service to launch new validators. Developers who anticipate significant resource demands during peak hours can also take advantage of Alibaba Cloud’s computing, storage, and distribution services. According to the announcement, Avalanche hosts over 1,200 validators and processes over 2 million

1 year ago 1 min read

Bloomberg reports that Alameda invested $1.15 billion in Genesis Digital

Alameda Research, a trading firm affiliated with the troubled exchange FTX, has invested $1.15 billion in cryptocurrency miner Genesis Digital Assets. According to documents obtained by Bloomberg that identified FTX and Alameda’s venture portfolio, this was Alameda’s and FTX’s largest venture investment, valued at $5.5 billion in an April funding round. Alameda invested in the cryptocurrency miner four times. It invested around $100 million in the miner last August. It put in $550 million in January, $250 million in February, and $250 million in April. The crypto miner is unrelated to Genesis Trading, whose loan unit halted redemptions following FTX’s

1 year ago 4 mins read

SubQuery Announces Integration with Flare Network

Dubai, UAE, 1st December, 2022, Chainwire SubQuery is excited to announce it has extended its data indexing support to Flare Network, the blockchain that aims to connect everything. The partnership was made possible after SubQuery received a grant from the Flare Ecosystem Support Programme. Flare is a blockchain which presents developers with a simple and coherent stack for decentralized interoperability, allowing dApps to serve multiple chains through a single deployment. This cross-chain approach is consistent with SubQuery’s continuous effort to become the universal blockchain indexing tool for web3 developers. Flare supports EVM-based smart contracts, and has data and interoperability infrastructure built natively

1 year ago 3 mins read

PlanetCats combats deforestation through its new crypto venture.

TAIWAN, CHINA, Dec. 01, 2022 (GLOBE NEWSWIRE) —PlanetCats establishes itself as a blockchain and crypto platform. In the latest development, the company introduces sustainable solutions to save rainforests and earn Passive Income while fighting deforestation. The blockchain platform promotes environmental awareness in the rainforests and wants to build solutions that draw attention to the lungs of planet earth and mass adopt blockchain solutions to give its investors a revenue stream. The platform uses blockchain technology with a community of supporters and investors that want to save Earth while developing solutions so that preserving becomes more valuable than slash and burning. The

UnUniFi Protocol raises $1.5M in Seed Round to build NFTFi Platform with Auto DeFi Yield

1 year ago 4 mins read

UnUniFi Protocol raises $1.5M in Seed Round to build the first Decentralized Cross-Chain NFTFi Platform with Auto DeFi Yield

New York, New York, 1st December, 2022, Chainwire UnUniFi is very proud to announce the completion of a $1,500,000 strategic fundraise led by gumi Cryptos Capital, with participation from Coincheck, Hyperithm, MZ Web3fund, Arriba Studio and gC Incubation. “The true utility of UnUniFi is NFTFi functionality with a proprietary valuation algorithm, combined with our interchain yield aggregator.”-Yu Kimura, Founder UnUniFi is a Layer1 blockchain protocol for providing efficient NFT lending through an internal NFT marketplace on the Cosmos ecosystem. UnUniFi protocol started development in Q4 2021, and launched its mainnet in May 2022. This strategic fundraise marks the conclusion of our

1 year ago 4 mins read

DappRadar: Blockchain Gaming Activity Hardly Impacted by FTX Crypto Blast

Kaunas, Lithuania, 1st December, 2022, Chainwire DappRadar, the global dapp store, said today in a report the blockchain gaming sector showed strong resilience throughout the month of November, despite negative pressure on the wider crypto industry that resulted from the collapse of the once-popular FTX cryptocurrency exchange. Blockchain games brought almost half of the blockchain activityDappRadar’s latest Blockchain Games Report shows that blockchain gaming activity largely managed to brush off the events at FTX. The number of daily unique active wallets (UAW) averaged 800,875 in November, down slightly from just over 900,000 UAWs in the previous two months. All told, blockchain games

1 year ago 1 min read

Mike Novogratz: Bankman-Fried is ‘delusional,’ and he’s going to jail

The Galaxy Digital CEO claims Sam Bankman-Fried committed fraud and suggests they be imprisoned. Former FTX CEO Sam Bankman-Fried (SBF) has been chastised this week after a string of controversial public appearances, with Galaxy Digital’s Mike Novogratz the most recent to criticize the former crypto kingpin. On December 1, Galaxy Digital CEO Mike Novogratz launched a volley of criticism at SBF for his interview with Andrew Ross Sorkin at the New York Times annual DealBook Summit on November 30. Novogratz described SBF as “delusional” in an interview with Bloomberg after he stated in the live interview that he never attempted

1 year ago 2 mins read

Sam Bankman-Fried, former CEO of FTX, denies “improper use” of customer funds

On December 1, former FTX CEO Sam Bankman-Fried ‘SBF’ and George Stephanopoulos appeared on Good Morning America. SBF insisted during the interview that FTX was not a “Ponzi scheme,” but rather “a real business.” The former CEO also denied any knowledge of FTX customer deposits being used to pay Alameda Research’s creditors, as Alameda’s CEO Caroline Ellison allegedly claimed. He claimed he was unaware of “any improper use of customer funds.” Bankman-Fried also admitted to not putting any time or effort into risk management on FTX. He revealed, “There is something maybe even deeply wrong there, which was, I wasn’t