Tagged: distributed ledger technology

Salesforce Dir of Strategy, Architecture Reveals he “Successfully” Tested Enterprise “Adoption Ideas” on Leading Blockchain Platform VeChainThor

The VeChain Foundation, which aims to support the development of VeChain, a leading blockchain platform, reports that their community’s vision “remains steadfast” which is focused on delivering the “mass adoption of public blockchain” while addressing key business challenges that may be “unworkable without this emerging,… Read More

Cardano Smart Contracts Update to Allow Blockchain Devs to Work with Auctions, Collectibles, Crowdfunding Use-Cases

Alonzo will be developing on Cardano’s (ADA) token upgrades in order to give application developers the tools needed for creating business applications. IOHK, which supports Cardano development, notes in a blog post that at the beginning of March 2021, they implemented Mary ‒ which is… Read More

Binance Smart Chain Reaches All-Time High Transaction Volume, Binance Launchpad Announces Support for Tokocrypto

The blockchain-based decentralized applications (dApp) industry has seen “tremendous” growth, according to a report from DappRadar. There’s been a 639% increase in active wallets across all blockchain or distributed ledger technology (DLT)-enabled platforms during Q1 2020. The report reveals that there were around 458,000 daily… Read More

Mark Cuban and ConsenSys CEO Joseph Lubin Backed Nifty’s Appoints Olta Andoni, as NFT Legal Expert

Billionaire Mark Cuban-backed Nifty’s has reportedly hired Olta Andoni, an NFT copyright legal expert as its new Chief Legal Officer. Andoni will notably be the first CLO of the nascent non-fungible token or NFT-focused social media platform. Nifty’s is a fairly new online network for… Read More

IOTA, which Re-Engineered Principles of DLT to Offer Improved Financial Exchange Protocol, Gets Ready for Major Upgrade

Dominik Schiener, Co-founder at IOTA, which claims it has “re-engineered the principles” of existing distributed ledger technology (DLT) to offer a fee-less, open-source, secure data and financial exchange protocol, has revealed that one of the biggest upgrades in IOTA’s history is “right in front of us.”… Read More

Security Tokens Market Cap Surpasses $613M, Up Over 21% MoM, Trading Volume Up Over 10%: Report

The team at Security Token Market (STM), which is focused on the fast-evolving blockchain-enabled security tokens space, has published their monthly report. The report reveals that the total security token market cap (as tracked by stomarket.com) stood at  $613,442,470. The market cap monthly change was… Read More

Bancor, an Automated Conversion Protocol for Digital Assets, Deploys Update on Ethereum for Putting Deflationary Pressure on BNT Tokens

The team at Bancor (BNT), which serves as a protocol and standard for decentralized exchange networks for the automated conversion of crypto tokens into other tokens, including across blockchains (without requiring an order book or counterparty to facilitate the exchange), reports that the Bancor Vortex… Read More

Binance Labs Leads $6 Million Round for Moonbeam Network, a Smart Contract Platform and Polkadot Ecosystem Parachain

Binance Labs recently led a $6 million “strategic” round of the Moonbeam smart contract platform along with contributions from CoinFund and ParaFi. The funds acquired from the investment round will be used to hire development resources, “build additional integrations and developer tools, perform third-party security… Read More

Republic Labs Participates in $5 Million Private Round for Cere Network (CERE), a Decentralized Data Cloud Platform

Cere Network (Cere), which claims to be the first Decentralized Data Cloud (DDC) platform, recently announced a $5 million private round and the official launch of their platform to application developers. Republic Labs, part of Republic, syndicated the deal. The $5 million round included the… Read More

Singapore’s #dltledgers, a Blockchain or DLT Platform for Cross-Border Trade, Secures $7M via Series A

Singapore-based #dltledgers, a blockchain or distributed ledger technology (DLT) platform for conducting cross-border trade, trade finance, and handling supply chain digitization, has secured $7 million in capital through a Series A round. The firm’s investment round was led by Regis and Savoy Capital, Vittal, Walden… Read More

Mina Protocol Devs Share how they’re Creating Private Gateway between Real World and Crypto

The developers of the Mina Protocol recently shared how they’re creating a private gateway between the “real world” and “crypto.” The development team noted in a blog post: “At Mina, our ambition is to design technology that empowers people. To rebalance the scales and give… Read More

Nexo Reports how Public Software Firm Became First to Add Ethereum to Balance Sheet, as Morgan Stanley Offers Bitcoin to Wealthy Clients

Nexo, a crypto lending platform and exchange, recently commented on how Morgan Stanley became the first major bank to offer Bitcoin (BTC) to its wealthy clients. The Nexo team also revealed how a public software firm now has $50 million worth of Ethereum (ETH) on… Read More

Blockchain or DLT based Stellar Network Is Reportedly Settling Transfers for $0.0001 / TX

Ada Vaughan, who focuses on Ecosystem and Marketing Strategy at the Stellar Development Foundation (SDF), notes that in an “increasingly cashless” and global economy, the separations between the different financial systems may lead to friction when you’re operating an international business. If you carry out… Read More

Controversial BitClout Project, which will Offer Social Currency Issued by Digital Artists, Already Facing Lawsuit Before Official Launch

There’s been a lot of hype around non-fungible tokens or NFTs, with many major digital art auctions and opportunities to exchange virtual trading cards. There’s also been a lot of talk among major investors who believe that these scarce tokens may support the future of… Read More

Ethereum “Fee Burn Proposal” May Lead to ETH Price Skyrocketing, but Many Challenges Remain, YIELD App Team Explains

The developers of YIELD App, which allows users to deposit various crypto-assets and earn competitive returns, have published a blog post that covers the controversial Ethereum Improvement Proposal or EIP 1559, the ongoing Ethereum “miner revolt” and “what it all means” for decentralized finance (DeFi)…. Read More

Tokenized Real Estate Market Stays Above $27 Million, As Security Token Space Continues to Evolve: Report

The Security Token Group (STG), which aims to support the development of blockchain-based security tokens, recently published their February edition of the Security Token Market Real Estate Report. The Security Token Group noted in a blog posted released on March 22, 2021 that as we… Read More

Like Airbnb, Filecoin Lets Consumers Rent Out Hardware Space and Earn FIL Tokens, OKEx Explains

Digital asset exchange OKEx recently explained how Filecoin (FIL) aims to disrupt the file storage sector in the “age of decentralization.” OKEx confirms that Filecoin made its highly-anticipated launch last year. As noted by the crypto exchange, the aim of FIL tokens is “to be… Read More

Over Half a Trillion Dollars has Been Transacted with USDC Stablecoin from Global Fintech Circle

Global Fintech firm Circle has revealed that the market capitalization for its stablecoin USDC has now exceeded $10 billion. More than 2 years after introducing the compliant and regulated “digital dollar” stablecoin, growth “continues to accelerate as shifting macroeconomic trends and exploding innovation in digital… Read More

Notabene Partners Blockchain Analysis Firm Chainalysis to Bring Scalable Travel Rule Solution to Crypto Businesses

Notabene has teamed up with blockchain analysis firm Chainalysis to bring a “scalable” Travel Rule solution to cryptocurrency-focused businesses. Crypto-related businesses are working consistently to meet updated regulatory guidelines involving counterparty risk. According to a blog post by Chainalysis, the most notable of these requirements… Read More

Gemini Surpasses $20 Billion in Digital Assets Under Custody as Unprecedented Bitcoin and Crypto Bull Market Continues

Digital asset exchange Gemini recently revealed that it now has over $20 billion in crypto-assets under custody. The US-based firm confirmed in a blog post: “Tracking with the impressive growth of the crypto market this year and increased participation from institutional investors, we have doubled… Read More

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