Category: Technology

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The city of Philadelphia rolls out its own blockchain initiative

City official said they are seeking comments from crypto innovators on how to integrate blockchain within the municipal government. City of Philadelphia Chief Innovation Officer Mark Wheeler announced an initiative to bring blockchain technology to city government on Monday. The project has invited people working in the blockchain and smart contracts space to contact staff…
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DOGE-1 moon mission set for launch with SpaceX in early 2022

The Dogecoin-funded payload appears to be on track for launch in the first quarter of 2022 onboard SpaceX’s Falcon 9. DOGE-1, the first crypto-funded mission to the moon, is set to launch early next year following a new partnership between two blockchain companies and manufacturer Geometric Energy Corporation, also known as GEC. Smart exchange ecosystem…
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ESG oriented blockchain wants on-chain ‘nutrition labels’ for every commodity exchanged

Representatives from the Watr Foundation said that they seek to bring ESG transparency to commodities industry. The Watr Foundation, in partnership with blockchain platform Algorand, recently launched a project to provide ESG scoring for different commodities with a special focus on climate change. While the project has a clear environmental focus, the platform will also include…
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Reddit to reportedly tokenize karma points and onboard 500M new users

Reddit engineer, Rahul, highlights the social media platform’s efforts to improve user interaction through various cryptocurrency initiatives. American social media giant Reddit may soon convert users’ karma points into Ethereum-based (ERC-20) tokens and onboard 500 million new crypto users in the process, according to a newly hired Reddit engineer. A series of tweets made by…
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Smartbch Defi Universe Expands — Dozens of SEP20 Tokens, $12.8M Total Value Locked in Dex Platforms

On April 1, Bitcoin.com News published an in-depth report on the Smart Bitcoin Cash (Smartbch) protocol and its compatibility with Ethereum’s EVM and Web3 API before any Smartbch projects were seen in the wild. Seven months later, Smartbch has matured a great deal and metrics indicate that between three decentralized finance (defi) protocols, there’s roughly…
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Congressmen Emmer & Soto to SEC Chair Gensler: We want BTC Spot ETFs

The bipartisan pair sent a letter to the securities regulator demanding spot ETF approval. Congressmen Todd Emmer and Darren Soto sent a bipartisan letter to Securities & Exchange Commission Chair Gary Gensler on Wednesday, strongly questioning why the agency has denied approval for the creation of a Bitcoin spot ETF while allowing Bitcoin Futures ETFs…
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US senator submits resolution to allow crypto payments in Capitol Complex

The proposal, called the ACCEPT Resolution, would apply to gift shops, vending machines and restaurants. United States Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located within the Capitol Complex. The resolution, titled Adopting Cryptocurrency…
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Ether Inferno: Ethereum Network Burned Over $2.4 Billion Worth of ETH in 87 Days

87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s exchange rates. 702,886 Ethereum Burned Since the London Hard Fork Data from Dune Analytics indicates that on October 31, 2021, otherwise known as Halloween, 702,886…
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What is the worst nightmare that could happen to crypto? Experts answer

What are decentralized-tech representatives most scared of? And what are their deepest fears in the crypto space? Tim Draper of Draper Associates and Draper Fisher Jurvetson: Tim is a pioneer of business ventures in the United States and a co-founder of Draper Fisher Jurvetson, a leading investment firm in early-stage tech startups. “I am fearless…
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Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years

Kazakhstan currently ranks No. 2 in the world in terms of Bitcoin mining hash rate. A report from the Data Center Industry & Blockchain Association of Kazakhstan, or NABDC, estimates that cryptocurrency mining could bring $1.5 billion in revenue for the country over the next five years. Currently, corporate digital currency mining activities generate about…
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