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Working as a popular open distributed ledger and value transfer protocol, IOTA has proudly announced that it has joined the European Commission for its blockchain and DLT initiative. Having been selected as one of the five contractors for Phase 2A, the Internet-of-Things transaction blockchain…
Globally recognized payment settlement service providing firm, Block is gearing up to create a powerful, robust, and open bitcoin mining system for the ecosystem. The news was circulated in the media via an official Twitter post by Block’s general manager for hardware, Thomas Templeton. However,…
Russia’s renowned banking entity Tinkoff’s parent company, TCS Group Holding has acquired a majority share in Aximetria, a Swiss-based cryptocurrency startup firm. With this investment, TCS Group is gearing up for its big sweep into the digital currency space that is fast gaining pace in the global…
Working as the third-largest private sector banking entity in India, Axis Bank has successfully processed the industry-first blockchain transaction on Secured Logistics Document Exchange (SLDE) ecosystem. The highly-anticipated Domestic Trade Transaction was executed with Arcelor Mittal Nippon…
Considering the growing popularity and craze for stablecoins in the global finance space, Hong Kong’s central bank, the Hong Kong Monetary Authority has shared plans for regulating the industry. On Wednesday, the banking authority released a discussion paper concerning cryptocurrencies and…
After getting along with different blockchain-based technologies, you might wonder, “what is VeChain (VEN)?” In this segment, we will not only provide you with the answer to this question but a lot more! A blockchain-based supply chain management platform, VeChain allows users to…
Working as a top-tier concert streaming platform focused on offering a next-gen entertainment experience, Animal Concerts has collaborated with Klaytn blockchain firm. Hailing from South Korea, Klaytn network is a decentralized platform controlled by the globally-renowned Kakao internet group. With…
With Metaverse growing as a revolutionary power capable of overtaking the existing technologies, Meta Platforms is taking significant steps to place itself at a higher rank in the industry. The recent analytics suggest that Meta (formerly Facebook) is hiring new employees who have earlier worked…
With Non-Fungible Tokens becoming the ‘hot favorite’ candy for investors, NFT marketplaces like OpenSea have recorded some path-breaking successes in their ecosystems. In the latest development, the renowned NFT trading platform, OpenSea is all set to cross the mark of $6 billion in trading volume…
Hailing as one of the most reputed news platforms from the United States, the Associated Press has announced to launch a dedicated marketplace for Non-Fungible Tokens. With this NFT platform, the organization will give a golden chance to people to purchase tokenized photographs from the news portal…
In recent times, we have seen many incidents where renowned personalities from multiple fields have shown interest in receiving their salary in crypto. The latest addition to this list is Andre Iguodala, the three-time NBA champion and basketball player for the Golden State Warriors. The star…
Leading cryptocurrency exchange Binance.US has announced that the platform is building an office space in the virtual world of the popular Metaverse ecosystem, Portals. With this, Binance.US will be putting its first dedicated step towards the fast-growing realm of Metaverse technology. Curated on…