It’s not just for projects building on Waves though. The Waves Association announced on Wednesday a new grant program for cross-chain interoperability development. The pool consists of 1 million Waves tokens, worth approximately $3 million as of press time. Projects will be eligible for grants of up to 300,000 Waves to develop solutions for interoperability…
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Symbol, the forthcoming enterprise and security token-focussed blockchain from the team behind XEM, will host a whiskey fund and Lithuanian collectible token at launch. Proof-of-stake blockchain NEM (XEM) is preparing for a token migration in December alongside the public launch of the Symbol (XYM) blockchain. Speaking to Cointelegraph, NEM Group CIO and NEM Ventures managing…
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Has Russia fixed its elections with permissioned blockchain technology from Waves? Close to 30,000 votes were recorded on the blockchain during the Russian parliamentary elections in what appears to have been the biggest case of blockchain-based voting yet. The blockchain component of the online voting platform was built by Waves Enterprise. The voting concluded early yesterday,…
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Russian banks are not waiting for full regulatory clarity to issue crypto loans. Expobank, a commercial bank in Russia, has reportedly issued the country’s first-ever loan backed by cryptocurrency. According to an Aug. 19 report by local news agency Kommersant, Expobank provided the credit through issuing an individual bank loan powered by Waves (WAVES) tokens.…
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Facebook’s Forecast app has been launched in beta even as the blockchain-based Augur platform readies for its v2 revamp. Facebook’s research and development engineers have launched a community platform built around predictions, encroaching on the territory of the emerging crypto-powered predictive market sector. Dubbed ‘Forecast’, Facebook’s new iOS app polls users on a variety of…
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Waves Association founder Sasha Ivanov warns that decentralized finance’s surge might have negative consequences. Decentralized finance’s (DeFi) surging popularity might backfire and hurt the forward-looking sector, Waves Association founder Sasha Ivanov told Cointelegraph in a recent interview. Ivanov compared DeFi to the 2017 ICO craze in a tweet earlier today, saying, “Please let’s not make…
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Waves Enterprise wants to ‘separate the chaff from the wheat’ when it comes to speed claims from blockchain networks, helping potential users make educated decisions. Waves Enterprise has created a framework for load testing of blockchain networks under real-life scenarios in order to provide greater transparency for potential clients. Original sin Transactional capacity or lack…
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Does the blockchain space make excuses for its problems? As part of a blog post detailing a different approach to blockchain transaction scaling, Waves Smart Contracts head of development, Ilya Smagin, noted the blockchain space often makes excuses for its shortcomings. “One of the things blockchain people are good at is explaining why user restrictions…
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Waves is allowing users to place bets on whether the number of new weekly COVID-19 cases peaked earlier this month. Blockchain platform Waves has launched a new betting market allowing users to speculate on whether the spread of the coronavirus pandemic has passed its peak. Customers can now purchase ‘COVID-UP-SEP20’ and ‘COVID-DOWN-SEP20’ tokens to bet…
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Large charitable organizations embrace Bitcoin and other crypto donations as the usefulness of crypto in times of crisis emerges. In the war against the novel coronavirus, cryptocurrencies are emerging as a much-needed tool for charity and fundraising projects. Already there are a number of large nonprofits accepting Bitcoin donations. Plus, some blockchain and crypto firms…
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