Blockchain News and Information Today

On-chain versus off-chain staking: how does it work?

Mar 30, 2023

Staking crypto is a way to earn crypto rewards. This article explains how staking works, the difference between on- and off-chain staking, and the risks involved.

What is mining?

Mar 15, 2023

Cryptocurrency mining is the process of verifying transactions on a blockchain network and adding them to the public ledger. The process involves solving complex mathematical algorithms using high-powered computers to generate new blocks of transactions. The reward for successfully mining a block is a predetermined amount of cryptocurrency.

Crypto critic Krugman gets a taste of his own medicine

Mar 09, 2023

Paul Krugman is an elderly economist who thinks Bitcoin and other cryptos are rubbish - and hasn't been shy to share that opinion. Yesterday he got a taste of his own medicine from the crypto community after his tweet that he was kicked out of payment service Venmo. "Did you try to buy drugs?" Was a mocking response.

Ripple surveyed payment leaders: Crypto payments have a bright future

Mar 08, 2023

Ripple still has to deal with the SEC in court. Despite the ongoing fight over the question of whether the company was selling a security with XRP or not, Ripple continues to strengthen its efforts to advocate for crypto. A few days ago, Ripple published the results of a survey that was conducted together with the US Faster Payments Council.

Crypto developers slowly emigrating from the US

Mar 03, 2023

On Twitter, you can often hear American crypto companies complaining that the lack of clear regulation is driving businesses offshore. The reasoning is that the financial watchdog the SEC is filing lawsuits left and right, creating uncertainty and discouraging innovation. Now, numbers confirm that there is indeed an exodus ongoing from the US to other countries, albeit a slow exodus.

Linux Foundation Europe starts Open Wallet Foundation

Feb 24, 2023

This week is exciting when it comes down to announcing new foundations and looking at their plans. First Bosch and Fetch.ai pledge $100 million to explore industrial applications of Web3 and AI. Yesterday, the Linux Foundation Europe announced to start of a new foundation for solely one purpose: Wallets.

Industrial applications: Fetch.ai partners with Bosch

Feb 23, 2023

Partnerships are usually bullish once they are made public. Blockchain projects of different categories are trying to win partners to get a chance to implement their technology into real-world products. Examples of such products and use cases are supply chain management, accounting, and tokenization of assets. Recently, one of the hottest AI coins struck a deal with a worldwide renowned brand.

Siemens issues bond on-chain

Feb 22, 2023

Germany's Siemens has issued on-chain corporate bonds for the first time, for a total value of EUR 60 million. According to the company, it is a way to access a wider pool of buyers. Siemens chose Polygon, a layer 2 on Ethereum.

Crypto adoption from different corners of the world

Feb 20, 2023

What does one of the oldest American banks have in common with the Russian government? Both have signaled in their own way: crypto is here to stay. The Russian government will subsidize a huge Bitcoin mining facility in Siberia. And American bank BNY Mellon did a survey which showed that 91% of institutional investors are interested in investing in crypto.

How IOTA is powering EnergieKnip

Feb 03, 2023

Energy consumption is one of the challenges of the 21st century. The energy demand is rising, while climate change dictates that we all need to reduce our consumption. A difficult situation that is difficult to solve. One project in the Netherlands is trying to impact the everyday lives of the citizens of municipality Emmen.

Ark Big Ideas: crypto could 20x in coming 7 years

Feb 01, 2023

Ark Invest released a new Big Ideas report, focusing on the disruptive potential of technologies such as AI and crypto. Bottom line: the recent price crash hasn't changed the research and investment firm's view on the growth potential of crypto. For 2030, they envision a 25 trillion-dollar market cap, a 25x from now. How is this possible?

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