On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing regulatory outlook on cryptocurrency derivatives.” Defi Project Detoken to Shut Down Operations…
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AI and blockchain are rarely utilized together — but combining these technologies could unlock a plethora of use cases. Artificial intelligence and blockchain are both touted as technologies that will lead our future. But here’s the problem: They’re like oil and water. While innovative in their own right, there’s a noticeable lack of interconnectedness —…
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The rollout of the Polkadot protocol has been ongoing since August, when the project launched its Rococo testnet. Kusama, sister chain to Polkadot’s platform, is ready for the rollout of parachains on the network. Polkadot and Kusama creator Gavin Wood today said in a blog post that Polkadot was entering the fourth and final phase…
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“This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce,” said SpaceX’s Tom Ochinero. Canada-based manufacturing and logistics firm Geometric Energy Corporation will be launching a Dogecoin-funded payload on one of SpaceX’s first rockets to the moon. In a Sunday announcement from Geometric Energy Corporation, the company…
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The billionaire has proposed using NFTs during Dallas Mavericks games and is a major investor in the marketplace Mintable. Dallas Mavericks owner and Dogecoin proponent Mark Cuban says nonfungible tokens may have the ability to disrupt and even transform industries dealing with digital identity verification and electronic signatures. In an episode of the Unchained podcast…
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YouTuber Stacksmashing estimated his rig would take “a couple of quadrillion years to mine a Bitcoin.” An IT security researcher has been able to adapt Nintendo’s first major handheld game console to mine cryptocurrency. According to a recent YouTube video, user Stacksmashing used the hardware from a Nintendo Game Boy first released in 1989 as…
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“Everyone’s making so much money — can you please explain what’s an NFT?” asked Pete Davidson’s Eminem. The craze behind non-fungible tokens, or NFTs, has seemingly reached peak parody after NBC’s famed Saturday Night Live sketch comedy featured it in a skit with United States Treasury Secretary “Janet Yellen.” In last night’s show hosted by…
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IoTeX’s project uses “verifiable GPS data to mint NFTs that prove you were at a certain place at a certain time,” said Larry Pang. The latest product from IoTeX, a privacy-focused platform for the Internet of Things, reportedly brings the concept of a smartphone’s trusted execution environment with real-world data to the crypto space. Head…
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The most expensive single NFT ever sold went for $6.6 million in February. A crypto artist known as “Neitherconfirm” recently listed 26 nonfungible tokens, or NFTs, for sale on OpenSea’s digital marketplace. Things took an unexpected turn earlier Tuesday, however, after the artist changed the images associated with each token from computer-generated portraits into photos of literal carpets. It’s…
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Polyient Games co-founder Craig Russo referred to the partnership as “a major step towards bringing mainstream adoption” to the crypto industry. Non-fungible token-focused investment firm Polyient Games is launching a new online tournament to introduce mainstream gamers to the crypto space. In an announcement today, Polyient Games said it would be partnering with esports tournament…
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