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After years of resistance, traditional financial institutions like Morgan Stanley and E*TRADE are embracing cryptocurrency trading. According to a report, it is projected that these large institutions will fully integrate crypto trading into their platforms by 2026. The once skeptical attitude toward digital assets is shifting as more banks and investment firms recognize the potential [...]
As per reports, Reddit founder Alexis Ohanian has expressed interest in acquiring TikTok and integrating it onto the blockchain. Ohanian sees the potential for TikTok to thrive in a decentralized environment, offering users more control and privacy over their data. By bringing TikTok onto the blockchain, Ohanian believes that the popular social media platform can [...]
The post Reddit Co-Founder in Talks to Acquire TikTok and Integrate with Blockchain Technology appeared first on Crypto Breaking News.
According to a press release published July 25, 2023, Auradine, a new competitor in the blockchain infrastructure sector, is entering the application-specific integrated circuit (ASIC) bitcoin mining industry with a line of bitcoin mining rigs known as the Teraflux series. Auradine’s new machines boast hashrates between 185 terahash per second (TH/s) and 270 TH/s. Auradine [...]
The post Auradine Unveils Teraflux, New Line of US-Crafted Bitcoin Mining Rigs Providing Up to 270 TH/s appeared first on Crypto Breaking News.
Pangolin (PNG/USD), an Avalanche-based DEX protocol, now supports decentralised Time Weighted Average Price (dTWAP), which is powered by proof-of-stake blockchain platform Orbs. The integration continues the close partnership between the two platforms, the Orbs team announced on Thursday, with the news seeing the two platform’s native tokens PNG and ORBS make slight upward moves. Orbs’ ...
<p>The post Pangolin DEX integrates Orbs’ dTWAP order type | Invezz first appeared on CCNC.</p>
The price of Conflux (CFX/USD) has shot up by more than 65% today after Conflux blockchain announced that it had integrated Little Red Book, the Chinese version of Instagram. Besides the CFX price skyrocketing, the coin’s trading volume across all crypto exchanges has also surged by more than 459% to $84.161 million. At its current ... Read more
<p>The post CFX up 60%: Conflux integrates China’s version of Instagram | Invezz first appeared on CCNC.</p>
The price of Conflux (CFX/USD) has shot up by more than 65% today after Conflux blockchain announced that it had integrated Little Red Book, the Chinese version of Instagram. Besides the CFX price skyrocketing, the coin’s trading volume across all crypto exchanges has also surged by more than 459% to $84.161 million. At its current ...
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SignalPlus, a technology platform that seeks to democratise options trading by empowering all types of users, is looking to expand its presence with a new integration with crypto derivatives provider Deribit. Deribit is an online crypto exchange founded in 2016. It’s integration with the options trading platform is a huge development, especially as more crypto ... Read more
<p>The post Options trading platform SignalPlus integrates with Deribit | Invezz first appeared on CCNC.</p>
The marketplace for spirits-backed NFTs Metacask has launched Trackr, the first fully integrated inventory management, asset tracking, and marketing solution for spirits producers and brands.
Trackr uses blockchain technology to track the entire process from grain to bottle. Blockchain allows for digital documentation that the producers and brands have not been able to achieve before while using centralized databases.
Authenticity and transparency in spirits productionThere should be a certified process that accurately records everything from raw material, refining and bottling, to logistics and distribution of every premium spirit cask or bottle. This real-time data allows for traceability by producers, brands, and regulatory authorities thus creating a transparent and authentic experience.
The Trackr provides an end-to-end inventory management solution allowing all participants to easily monitor the entire process from production to distribution.
It starts by documenting all ingredients, materials, processes, and energy used on the blockchain. It then gives the physical casks and bottles a unique digital identity using smart technology via near-field communication (NFC) chip that is linked to tokens on the blockchain. Brands can then use Metacask’s marketplace to sell and resell the spirits.
Transparent source of dataTrackr’s blockchain is basically a trusted and transparent source of data for collectors to access using PCs or any smartphone to find out anything about a particular spirit bottle or cask. The collectors redeem the linked tokens to receive delivery of the physical spirits, view their full story, and authenticate it.
Producers can also track their products even after the sale. Blenders can also search, reproduce, and save blend profiles. Trackr also provides for deeper customer engagement.
Most importantly, Trakr eliminates manual reporting since it is fully automated. It also allows for compliance with regulations since regulators can easily monitor and ensure compliance from the start of production.
According to the Co-Founder and CTO of Metacask, Nimantha Siriwardana;
“We’ve designed Trakr with the spirits industry in mind. It’s an opportunity to streamline supply chain processes, save costs, and maximize operational efficiencies. On top of that, it’s a chance to show customers that are interested in a specific bottle or cask everything from the information that the harvester gathers down to the unique label designed for the item.”
The post Metacask launches first fully integrated inventory management solution for spirits appeared first on Invezz.
Yield Monitor, a multi-chain portfolio tracker for decentralized finance (DeFi) investors, has announced the integration of the DeFiChain blockchain into its database. This is the Yield Monitor’s second non-EVM mainnet integration.
Being the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, DeFiChain is attracting integrations from different blockchains for on-chain data metrics.
Blockchains integrated into Yield MonitorDEFiChain joins several other blockchains that have been integrated into the Yield Monitor database. The currently integrated blockchains include Algorand (ALGO), Avalanche (AVAX), Binance (BNB), Ethereum (ETH), Fantom (FTM), and Polygon (MATIC).
Commenting on the integration, Yield Monitor’s CEO Christophe Dupont said:
“We’re thrilled to be building a relationship with the DeFiChain organization. The community is very dedicated and supportive of the various builders and creators bringing value to the ecosystem. It’s a privilege to be adding DeFiChain to our database and we’re eager to begin building long-term, collaborative relationships with DFI investors and existing teams in the coming months.”
Insights into on-chain metricsDeFiChain’s integration into Yield Monitor’s database provides an opportunity for investors to gain insight into the on-chain metrics around DefiChain.
Developers and Investors on Yield Monitor will be able to track assets held in wallets on the DeFiChain blockchain and also route cross-chain transactions for optimized price and efficiency.
Commenting about Yield Monito’s progress up to the time of the integration, DeFiChain Ambassador and News Anchor, Mark Pedevilla, said:
“We were excited to see the progress Yield Monitor has made in a short amount of time, especially with a small team. This speaks to the quality of their product and their dedication towards building a powerful database infrastructure foundation. We are excited to see the features they are preparing for DeFi investors and their utility in building a truly accessible, multi-chain DeFi community — one in which DeFiChain will play a large role.”
Yield Monitor will leverage the non-Turing complete nature of DeFiChain that allows DeFi transactions
The post Yield Monitor integrates DeFiChain for insights into its on-chain metrics appeared first on Invezz.
Polygon has begun working with Shopping.io as a means of integrating the MATIC cryptocurrency as a form of payment on the platform.
Polygon (MATIC/USD) is essentially a platform purpose-built to scale Ethereum (ETH/USD) and provide an infrastructure on top of which developers can create numerous decentralized applications (dApps).
It features the Polygon SDK, which is a modular and flexible framework that powers the growth of Decentralized Finance (DeFi), where anyone can create optimistic rollup chains, ZK rollup chains, and standalone chains.
Polygon stands out due to the fact that it offers quick transactions and low fees whilst also maintaining the ability of smart contract creation, dApps and games.
The Shopping.io integration as a catalyst for growthIn the latest Polygon news, on October 4, 2022, Shopping.io made an official announcement that they will be integrating MATIC as a form of payment on the platform.
Additionally, with this launch, they will also offer a 2% discount for the first 30 days as well as free shipping for the first 7 days with every use of the cryptocurrency.
From October 4, MATIC will be added to Shopping.io’s payment processor, known as Shopping Pay, and this will, in turn, allow holders to purchase goods through the utilization of the biggest retailers.
Some of the most well-known retailers that can be used include Amazon, eBay, Walmart, and Home Depot.
This integration will offer MATIC a higher level of utility outside of its own blockchain and provide the token with another level of intrinsic value.
This means that we can expect the MATIC cryptocurrency to increase in value going forward.
Should you buy Polygon (MATIC)?On October 5, 2022, Polygon (MATIC) had a value of $0.8298.
MATIC/USD Chart by Tradingview.
The all-time high of Polygon (MATIC) was on December 27, 2021, at a value of $2.92. Here we can see that at its all-time high, MATIC was trading $2.0902 higher in value or by 252%.
When we go over its performance throughout the week, Polygon (MATIC) had its low point of value at $0.724419, while its high point of value was at $0.844798. This marked an increase in value of $0.120379, or 16%.
In terms of the 24-hour performance, Polygon (MATIC) had its low point at $0.825235 and its high at $0.844798. Here we can see an increase of $0.019563 or 2%.
With this in mind, investors might be interested in buying MATIC as it can climb to $1 by the end of October 2022.
The post How far can MATIC climb as Polygon works with Shopping.io to integrate it for payments? appeared first on Invezz.
Euler Finance is adding to the list of DeFi protocols getting ready for the world’s largest smart contracts network’s switch from proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS) consensus, by integrating the tested and highly secure Chainlink Price Feeds on the Ethereum mainnet.
This is yet more crypto news ahead of the Ethereum Merge, with the non-custodial lending and borrowing platform that’s the latest to integrate Chainlink.
The ‘lifeblood’ of DeFiMichael Bentley, the CEO of Euler Labs commented on the integration terming price data as “the lifeblood of DeFi lending protocols.”
He also noted that Chainlink offers “the best-in-class price data infrastructure for smart contracts,” with its record in securing lending protocols proven across the industry.
For Euler, using Chainlink’s oracle network will help it tap into increased reliability and security, as well as address TWAPs (time-weighted average price) concerns after the merge.
The protocol also wants its users to benefit from direct stETH, or staked ETH, deposits on Lido Finance – allowing customers access to fresh yield from borrowings. But even with lending protections available, there’s still a lot of cautionary moves out there.
As we reported, Aave protocol elected to pause ETH borrowing ahead of the merge due to concerns around high market utilisation and potential liquidity issues.
Such concerns are expected following this summer’s crypto carnage and the sad events that surrounded the collapse of Three Arrows Capital. Troubles for the bankrupt Celsius Network and Voyager Digital spotlighted DeFi’s problems.
But as this article explains, centralised crypto companies might have failed the test, but “DeFi still works.”And that explains why many institutions are getting into the space, including an increased interest in staking on the Ethereum network. (Read here to find what Switzerland-based SEBA Bank introduced ahead of the Merge).
The post Lending protocol Euler integrates Chainlink ahead of the Merge appeared first on Invezz.
peaq, the Web3 network leveraging Machine DeFi and Machine NFTs to power the Economy of Things (EoT), has integrated with Fundrs to unlock cross-chain fundraising for the Polkadot (DOT/USD) developer community.
Fundrs is a decentralised peer-to-peer fundraising platform launched by decentralised finance (DeFi) solutions provider AllianceBlock, while peaq is the first Polkadot-based project to integrate its unique infrastructure.
Powering Web3 machine economyAccording to peaq, the integration will allow developers of decentralised applications (dApps) on the protocol to access vast cross-chain liquidity, based on project reputation and merit.
The functionality, which goes live with peaq’s Agung testnet and will be accessible via the Fundrs app (users can link to their Metamask wallets), will also be available to the larger Polkadot ecosystem as a bridge.
peaq co-founder Till Wendler said in a comment:
“The integration continues a strong partnership between peaq and AllianceBlock, which was forged to power the Web3 Economy of Things using DeFi. Fundrs grants new capital-raising opportunities to teams building on peaq, helping them aim higher and innovate faster.”
The two platforms expect to collaborate more in the future, noting that further integration with AllianceBlock’s stack is set to revolutionise ownership and governance within the Web3 machine economy.
Fundrs originally launched on the Ethereum (ETH/USD) and Avalanche (AVAX/USD) networks, with more integrations expected to follow the expansion to Polkadot.
The project also has partnerships with multiple distributed ledger technology (DLT) and blockchain platforms, including BNB Chain, Polygon, Ocean Protocol, and Hedera.
The post peaq integrates Fundrs to bring cross-chain fundraising to Polkadot appeared first on Invezz.
Floki (FLOKI/USD), a community-powered cryptocurrency ecosystem, has announced integration with Chainlink Keepers and Chainlink Price Feeds on the BNB Chain and Ethereum networks.
The platform has integrated the solutions to help power its token locking protocol FlokFi Locker.
According to Floki, Chainlink Keepers will help secure and offer reliability to its token locking process while the Chainlink Price Feeds has now been expanded to include integration with BNB Chain, Ethereum, Arbitrum, Polygon, Avalanche, Fantom, Optimism and Heco. This has allowed the ecosystem to display its token locking prices for more than 500 digital assets.
“As an innovative DeFi protocol that prioritizes security, decentralisation, and transparency, the industry-leading Chainlink is the default oracle network we considered. We’re excited to use Chainlink Keepers to help automate our token locking process, and Chainlink Price Feeds to help display accurate token prices. ”
B, Core Contributor of FlokiBenefits of Chainlink Keepers and Price FeedsChainlink Keepers offers a decentralised service specifically designed to manage the tasks of smart contracts and FlokiFi Locker will leverage the solution to automate and add efficiency to its token locking processes.
The ecosystem will also benefit from on-chain reliability and up-time, low transaction costs, decentralised execution and expandable computation.
The Chainlink Price Feeds will also be crucial for FlokiFi Locker, with the platform’s DeFi economy tapping into an industry-leading price data service for its multi-chain protocol. With these in place, Floki users can benefit from accurate,and reliable price data from external sources.
The post Floki integrates Chainlink Keepers and Price Feeds appeared first on Invezz.
KuCoin, one of the leading cryptocurrency exchanges in the world, has announced integration of DEX aggregator 1inch Network to allow for native swaps that will benefit the exchange’s users across the globe.
The 1inch partnership and enabling of native swaps will bring low price and fast transfers to decentralised finance (DeFi), benefitting users across all decentralised exchange platforms, KuCoin noted in a press release shared with Invezz.
To achieve these benefits, the wallet will tap into the DEX aggregator’s Pathfinder algorithm and API to enable cross-chain swaps and give customers faster, cost-effective transfers.
Jeff Haul, Head of KuCoin Wallet said in a statement:
We are always striving to make our product cater to the needs of all investors. Swap is a high-frequency feature of the wallet and 1inch is one of the most popular DEXs in the Web3 industry, so we work together through native integration to provide a smooth and cost-effective trading experience for our users.”
As noted in the press release, KuCoin’s status as a gateway to Web3 will also benefit from this partnership, with the platform opened up to further growth within the broader blockchain ecosystem. Particularly, the exchange expects the 1inch integration will help it expand its presence in the DeFi space, the target being to boost the growth and adoption of Web3 applications among users.
About KuCoin WalletThe KuCoin Wallet, powered by the KuCoin ecosystem, is a secure self-custody crypto wallet with multi-chain aggregation support. It is the official KuCoin wallet, serving over 10 million users. The KuCoin exchange launched in 2017 and offers access to over 700 cryptocurrencies to customers across 207 countries.
The platform offers multiple crypto services and features, including spot trading, staking, futures trading and lending.
The post KuCoin Wallet integrates 1inch for native swap functionality appeared first on Invezz.
The mayor of the U.S. city of Miami, Florida, has unveiled his “Vision for Bitcoin America 2024.” Stressing that the U.S. needs to elect a pro-bitcoin president, he said “we need to integrate bitcoin into every aspect of our society” this year and “unleash the macro power of bitcoin.” Miami’s Mayor’s Vision of Bitcoin America […]
In January, Opera entered the Web3 space by launching the Crypto Browser Project
Monetize your land in an effective way Adshares ($ADS) — the decentralised advertising protocol, has just shared an asset pack for DCL Builder, which enables seamless integration, automated settlement and automatic monetization of ads across Decentraland ($MANA). Metaverse advertising is inevitable Advertising is present in every sphere of life and already appears in metaverses in […]
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From the earliest mechanical devices to the most advanced quantum computers of the present, the history of computing is a fascinating trip spanning thousands of years. Let’s explore the significant turning points in computing history, starting with the abacus and progressing through quantum computers. Abacus (3,000 BCE) The abacus, which dates back to 3,000 BCE, [...]
The post History of computing: From Abacus to quantum computers appeared first on Crypto Breaking News.
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