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Echoes of Empire explores the enigmatic Miasma, a region that holds the galaxy's greatest secrets and dangers. Discover the fate of Professor Arlen Drayk. (Read More)
Frax Finances X account was hacked on June 1 without a password breach, leading CEO Sam Kazemian to suspect insider involvement.
The Polkadot community has approved a proposal to sponsor Inter Miami, the football club co-owned by David Beckham and featuring superstar Lionel Messi. The move could be a strategic decision to propel Polkadot, a smart contracts platform similar to Ethereum, into the global spotlight. Polkadot To Sponsor Inter Miami The proposal, approved by Polkadot’s Open Gov community, sought 968,000 DOT (roughly $6.5 million) to secure the sponsorship. Under the “sports sponsorship fund,” the goal was to partner with Inter Miami, a team described as one of the “world’s most engaging and followed sports teams.” Related Reading: Cardano (ADA) Trading Activity Goes Quiet: Will This Drag Down The Price? While the goal is to “elevate” Polkadot’s global brand visibility, the plan is to develop other deeper integration, leveraging Inter Miami’s global fanbase. For instance, the team plans to enhance user experience through engaging non-fungible tokens (NFTs) and other gamified experiences deployed on Polkadot’s parachains. Additionally, the team plans to explore how Polkadot-based solutions can be implemented at Inter Miami, resulting in greater efficiency and improved fan engagement initiatives. While the potential deal’s specifics are confidential, the proposal emphasizes transparency. Accordingly, funds will be held in a multi-signature wallet, accessible only with community approval. Moreover, ORSEN SA, a Swiss sports marketing agency, will manage the partnership rights. Polkadot’s Plans to Scale As Polkadot enhances its global visibility, developers are also working on activating a key update: “Asynchronous Backing.” Last year, Sophia Gold, the Engineering Lead at Parity Technologies, said the technology would be a game changer. Asynchronous Backing will allow Polkadot to scale the number of Parachains from 100 to 1,000 by the end of the year. The network will boost its transaction processing capacity, with Polkadot supporting more “independent blockchains” via Parachains. Related Reading: Heres How This Ethereum Whale Made $16 Million From A Single Trade Furthermore, improvements via techniques like “pipelining” will permit multiple parachains to process data simultaneously, halving transaction confirmation times. Though Polkadot continues to enhance its network and strike more deals, DOT prices remain under pressure. At spot rates, DOT is down 40% from 2024 highs. While CoinMarketCap data shows that the coin has risen 14% in the last week, the failure of bulls to break above $7.5 is a concern. Technically, a high volume lifting the coin above this local liquidation level would pave the road for an expansion toward $9 and March 2024 high in the coming sessions. Feature image from Unsplash, chart from TradingView
Ethereum co-founder Vitalik Buterin acknowledged a major breakthrough in zero-knowledge (ZK) technology this week, calling recent developments in real-time proving a “truly amazing” step forward. Buterins comments came in response to a post from developer Uma Roy, who announced that her team had achieved real-time Ethereum proving, an accomplishment many in the cryptography community had […]
The post Vitalik Buterin praises real-time ZK proving milestone, but urges caution appeared first on CryptoSlate.
Brown University has made its first reported foray into Bitcoin (BTC), investing $4.9 million in BlackRocks iShares Bitcoin Trust (IBIT), according to a recent 13F filing submitted to the US Securities and Exchange Commission. The Ivy League institution acquired 105,000 shares of the ETF during the first quarter, making the position approximately 2.3% of its […]
The post Ivy-league US college Brown discloses $4.9 million exposure to Bitcoin via BlackRock’s IBIT ETF appeared first on CryptoSlate.
Korok Ray, Bitcoin researcher and Associate Professor at the Mays Business School at Texas A&M University, announced plans to launch The Bitcoin Research Institute to drive academic research at the intersection of Bitcoin and artificial intelligence. At the MicroStrategy World: Bitcoin for Corporations 2024 event, Ray made note of Bitcoins potential to enable secure multi-party [...]
The post Texas A&M Professor to Launch Bitcoin Research Institute appeared first on Crypto Breaking News.
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has announced the opening of a new office in Miami. This expansion comes as the company faces setbacks with the Securities and Exchange Commission (SEC) temporarily halting their plans for an initial public offering (IPO). The Miami office is expected to serve as a hub [...]
The post Gemini Expands to Miami Following Judge’s Decision to Halt SEC Case appeared first on Crypto Breaking News.
The Polkadot community is exploring a substantial $8.8 million sponsorship opportunity with Lionel Messi’s Inter Miami Football Club. This move aims to capitalize on the football club’s extensive global reach and exposure while strategically showcasing the capabilities of the Polkadot ecosystem. Moreover, it represents the latest strategic effort by the Polkadot community toward elevating the […]
The post Polkadot eyes $8.8 million sponsorship deal with Lionel Messi’s Inter Miami appeared first on CryptoSlate.
The SEC says it needs "sufficient time" to review, evaluate, and consider options trading for spot Bitcoin ETFs.
Bitnomial’s XRP futures is set to begin trading on March 20 The exchange filed a lawsuit against the US Securities and Exchange Commission (SEC) in 2024 for “overextend[ing] its jurisdiction to digital asset derivatives.” Ripple’s CEO, Brad Garlinghouse, announced yesterday that the SEC is to drop its lawsuit against Ripple Crypto exchange Bitnomial has voluntarily […]
The post Bitnomial drops its lawsuit against the SEC as it gets ready to launch XRP futures appeared first on CoinJournal.
Serenity and IDEMIA partened to launch the sAxess Biometric Card, offering a next-generation payment and identity verification solution.
The post sAxess Biometric Card Launches in Dubai, Pioneering Secure Digital Transactions appeared first on Crypto Breaking News.
The contract size for Hashrate Futures will be 1 PH and contracts will have monthly durations.
Luxor Technology Corporation, a blockchain infrastructure service provider, has unveiled plans to introduce exchange-traded hashrate futures for institutional investors in the U.S. Through a collaboration with derivatives exchange Bitnomial, this new futures product is slated to be accessible on the trading platform by the end of this month. Luxor and Bitnomial’s Partnership Introduces Exchange-Traded Hashrate [...]
The post Luxor and Bitnomial Roll out Hashrate Futures for US Market Ahead of Bitcoin Halving appeared first on Crypto Breaking News.
Binance's Kiril Khomiakov expressed that the prominent crypto exchange is in pole position to obtain a MiCA license
Lawyers for the basketball star claim he did not mention any alleged securities but instead warned of celebrities promoting crypto investments.
This Tuesday, Futures Exchange (aka FTX), a bankrupt crypto exchange firm has given an agreement of selling their crypto derivatives
Shaq’s FTX promotion in the past came back to haunt him in no other than the FTX Arena.
Lawyers representing SBF have agreed to a gag order preventing him from making comments that could sway his criminal trial but says it should apply to other witnesses too.
The alleged fraudster was accused of doing the “exact opposite” of her job title, which was to ensure OneCoin was complying with laws.
In an exclusive interview with Cointelegraph, Obi Nwosu, CEO and co-founder of Fedi explains why it will “be clear” that Bitcoin’s ecosystem will come out on top by the end of this year.
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