Tag: Blockchain

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Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says

The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house of Russian parliament. Russian Digital Financial Assets Likely to Appear by…
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Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon

The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but Lens profiles are linked to a non-fungible token (NFT) that can be ported into decentralized applications. Lens Protocol Is Live – Aave Founder Believes People…
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Do Kwon’s Plan for New Terra Blockchain Becomes ‘Final’ and Is Put to Vote

  A plan to revive the Terra (LUNA) ecosystem by creating a new blockchain without an algorithmic stablecoin has been designated as “final” and put to vote by Terraform Labs CEO and co-founder Do Kwon. (Updated at 13:00 UTC with details about the vote over Do Kwon’s proposal.)… Read More: Do Kwon’s Plan for New…
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Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report

Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in the area. Square Enix recently sold its Western studios for $300…
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Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists

The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFTs) created by African and Asian artists. Photographer Misan Harriman has been selected as the curator of the foundation’s permanent art collection. Supporting a New Generation of Artists The Swiss non-profit organization,…
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Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD

Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In addition to the tron purchases,…
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How the Metaverse could impact the lives of kids

The effects of social media on the mental health of kids and teens have been bad enough — will the Metaverse be a safe place for them? How to protect kids and teens in the Metaverse Protecting young individuals is a shared responsibility. Therefore, parents must closely monitor their children’s activities in the Metaverse. As…
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2022, the Year Layer 2 Takes Off

  Will Harborne is the Founder and CEO of non-custodial exchange DeversiFi. __________ This is a pivotal year for Ethereum layer 2 (L2) solutions. What happens over the coming months will be critical in making decentralized finance (DeFi) work better, faster, and more reliably for a far greater number of users…. Read More: 2022, the…
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Terra Blockchain Halted Again as Validators Search for ‘Plan to Reconstitute It’, Binance CEO ‘Very Disappointed’

  The Terra (LUNA) blockchain has been halted by network validators for the second time, after saying on Thursday that block production had been resumed again. Despite the network halt, the token continues to be traded on some exchanges. “Terra Validators have halted the network to come up with a plan to reconstitute it. More…
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Top Diamond Producer De Beers Deploys Blockchain-Based Platform at Scale

De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will “enable the provision of provenance information from source to Sightholder to store on a secure blockchain.” Immutable Record of a Diamond’s Provenance One of the world’s top diamond miners, De Beers,…
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