Ethereum
Blockchain

Enjin unveils a Blockchain game changer for NFT and digital asset unifies Native Token and Merges Efinity Token

The Enjin Blockchain is a ground-breaking protocol-level blockchain that is especially suited for Non-Fungible Tokens (NFTs), according to Enjin, the leading blockchain ecosystem for NFTs and digital goods. Unlike competing alternatives, Enjin Blockchain does away with the need for smart contracts by including crucial features right into its core code. This novel method maintains interoperability

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Blockchain

Hong Kong Monetary Authority kick starts retail CBDC

Hong Kong Monetary Authority (HKMA) has divulged its plans to lay the foundation for implementing a retail central bank digital currency (CBDC). The decision comes after extensive research and feedback gathered through two rounds of market consultation, leading the HKMA to conclude that initiating the groundwork for a potential future implementation is necessary. “The HKMA

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Tech Africa

World Mobile plans to launch in Africa after conducting decentralized wireless field tests.

World Mobile, a provider of decentralized wireless (DeWi) networks, announced on June 8 that it had completed field tests of its DeWi technology in Kenya, Mozambique, and Nigeria, bringing it closer to a full deployment across the African continent. The tests in Kenya and Mozambique, according to World Mobile, which strives to deliver affordable and dependable internet connectivity to rural areas that are typically underserved, were conducted using TV White Space equipment. This technology uses unused spectrum in the TV broadcast band to provide mobile network services.The field test in Nigeria made use of Starlink, a satellite internet service provided by SpaceX.The business claims that TV White Space and Starlink are complementary technologies that allow World Mobile to make use of currently available infrastructure and spectrum resources in order to increase the size of its network coverage. The tests “validate the feasibility and scalability of our DeWi technology, bringing us one step closer to providing affordable and dependable internet access to both rural and under-served areas throughout the world,” according to World Mobile CEO Micky Watkins.This news comes in the wake of World Mobile’s May commercial network launch in Zanzibar, where it claims more than 300 AirNodes offer wireless connectivity to more than 16,000 users per day. As part of its efforts to build “a global community-owned wireless network that can bridge the digital divide and foster social and economic inclusion,” the firm stated it would expand its network into other African nations as well as other regions. According to World Mobile, their DeWi solution offers connectivity for less money than traditional mobile network carriers and might support the development of “a sharing economy” to pay for the growth of telecommunications infrastructure in rural Africa and elsewhere. In contrast to conventional mobile networks, World Mobile is based on blockchain technology and aims to promote participation in what it refers to as “a sharing economy” by providing users with access to the trillion-dollar global telecom industry.

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Blockchain

Crypto.com is integrated with CoinRoutes’ Smart-Order Routing System.

CoinRoutes, an order execution system, has linked up with Crypto.com in order to broaden institutional access to liquidity and reduce friction for its customers.According to the press release, Crypto.com will connect its infrastructure with CoinRoutes’ order routing technology to offer diversified liquidity. According to David Weisberger, chief executive officer of CoinRoutes, “CoinRoutes’ goal is to help its clients execute trades at the best possible price, and in order to do this, the company needs an accurate picture of all the liquidity in the market to achieve this.”Weisberger claimed that there has been a rise in customer desire for greater liquidity access. In addition, he said that the majority of CoinRoutes’ customers had left the country, which was “another reason to diversify our liquidity,” according to Weisberger. The arrangement comes at a time when exchanges are under greater pressure from American regulators and markets are struggling with low liquidity, raising concerns about the future success of exchanges in the US.While this was happening, Crypto.com recently hit low points, including a U.K. advertising restriction, personnel cutbacks, and issues maintaining fiat on-ramps as the financial crisis worsened.

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Blockchain

Amidst Security breach : Atomic wallet loses $35 Million in cryptocurrency

ZachXBT has disclosed a necessary security compromise on Atomic wallet, a leading non custodial decentralized wallet. Several cryptocurrencies were targeted by a cyberpunk managing to steal more than $35 million across different chains, according to ZachXBT’s ZachXBT, during his tweets noted the detection of a new victim on the Tron blockchain with a massive loss

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Blockchain

Prosperity in the month of may as Marathon Digital mined 77% bitcoin via the use of it’s software

Bitcoin miner Marathon Digital Holdings (MARA) mined 1,245 bitcoin in May, up 77% from previous month with the help of its proprietary software. “The increased production was due to an increased hash rate and a significant increase in transaction fees, which accounted for approximately 11.8% of the total bitcoin we earned in the last month,”

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Blockchain

Tornado cash sanctions : Blockchain association files lawsuit against US treasury

Recently the association of blockchain filed an amicus brief in an ongoing lawsuit by think tank Coin Center against the Treasury Department and its sanctions watchdog, the Office of Foreign Asset Control. Last year October, when the suit was filed, Coin Center has alleged that the U.S. Treasury Department’s sweeping sanctions against crypto mixer Tornado

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Blockchain

Credit Suisse, Deutsche Bank Consents Taurus To Deploys on Polygon Blockchain

Taurus a digital asset platform, which offers custodytokenization and trading of digital assets, has aligned with the Ethereum scaling network Polygon as the tokenization of real-world assets is picking up steamsamong financial institutions and large companies. The collaboration with Polygon includes support for staking and decentralized finance(DeFi), the Geneva, Switzerland-based digital asset infrastructure provider said in

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Blockchain

Tether USD₮ Sets New Record bonding Its Status as the Top Stablecoin for Global Financial Freedom

Tether, the leading blockchain-enabled platform behind the widely used stablecoin, USD₮, has achieved a significant milestone by surpassing its previous all-time high market cap of $83.2 billion, which was set in May 2022. The company’s Chief Technical Officer, Paolo Ardoino, attributes this achievement to the growing demand for financial freedom and the trust that customers

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Blockchain

Sui Blockchain Signs Multiyear Contract With Red Bull Racing

Sui Blockchain an innovative, decentralized  Layer 1 blockchain that redefines assets ownership which went live less than a month ago, has pen down a multiyear deal to becoming the blockchain partner of Formula One’s Oracle Red Bull Racing team. The blockchain’s native token (SUI) rose by 1.7% before receding on the news. This is not

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Nft's

Find Satoshi Labs launch AI Tool That Turns Selfies Into NFTs

The parent company behind popular Web3 game STEPN, Find Satoshi Lab(FSL) is rolling out an artificial intelligence (AI) powered non-fungible token (NFT) generator. Called GNT V3, the tool aims to place creativity within the technological intersections of AI and Web3. Working in collaboration with MOOAR, FSL’s recently-released NFT marketplace, GNT V3 takes a user’s selfie as input

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Blockchain

Chainalysis Acquires Transpose to support Blockchain Data Infrastructure and Advance Towards an On-Chain Future

Chainalysis, the leading blockchain data and analytics provider, declared the acquisition of Transpose, a prominent blockchain data and infrastructure firm. This move positions Chainalysis to uphold its capabilities and further its vision of a future dominated by on-chain transactions. Transpose is known for simplifying the building of applications using web3 data, promoting smooth user experiences,

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Blockchain

Blockchain Labs and HashKey Capital initiate Future3 Campus, a Web3.0 Innovation Incubator

Blockchain Labs and HashKey Capital disclosed a joint Idea to establish Future3 Campus, a Web3.0 innovation incubator geared towards promoting the global Web3.0 ecosystem. With principal incubation bases in Shanghai, Guangdong-Hong Kong-Macao Greater Bay Area, and Singapore, the incubator aims to foster Web3.0 Massive Adoption, DePIN, and AI. The Future3 Campus will also institute an

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