Category: Blockchain

China Merchants Bank subsidiary and Nervos Foundation launch $50 million blockchain fund

China Merchants Bank subsidiary and Nervos Foundation launch $50 million blockchain fund

CMB International, a wholly-owned subsidiary of China Merchants Bank, and the China-based Nervos Foundation have jointly launched a $50 million blockchain fund. The fund, dubbed InNervation, will invest in projects that are developing decentralized applications, decentralized finance (DeFi) protocols, blockchain platforms, non-fungible token (NFT) marketplaces, and more. Specifically, the fund would target projects that are […]

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Tether to Launch USDT Natively on Avalanche

Tether to Launch USDT Natively on Avalanche

The blockchain company Tether has announced it will make available its stablecoin token as a native asset in Avalanche, a smart contract platform that has picked steam in the last year. Avalanche has a growing decentralized finance (defi) ecosystem, so this launch will most likely improve its state, providing users an official and safe way […]

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Ardor’s Multi-chain infrastructure gives rise to real-world enterprise Blockchain applications

The blockchain industry has been met with great excitement over the past few years. Despite this enthusiasm, there appear to be very few real-world projects and services. Ardor, a blockchain managed by the Jelurida team, is one notable exception. Enterprise Blockchain remains viable Although it may sometimes appear otherwise, the global interest in enterprise blockchain […]

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Broadcast Company Fox to Launch NFTs and a Blockchain-Curated Animated Series

Broadcast Company Fox to Launch NFTs and a Blockchain-Curated Animated Series

Fox Broadcasting Company, the American commercial broadcast television network is launching a non-fungible token (NFT) business called Blockchain Creative Labs, according to a recent report. Moreover, Fox is also planning to release a new blockchain-based animated series crafted by Dan Harmon called “Krapopolis.” Fox to Enter the NFT Fray, Aims to Launch an Animated Series […]

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Fox is launching an NFT company and a blockchain-based animated series

Fox is launching an NFT company and a blockchain-based animated series

Media and entertainment house Fox is launching a non-fungible token (NFT) company, Blockchain Creative Labs, and a blockchain-based animated series, “Krapopolis.” Krapopolis is an upcoming comedy set created by Dan Harmon, who created the animated science fiction show Rick and Morty. It’s centered on a “flawed family of humans, gods and monsters that tries to […]

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Revuto Completes $1.7 Million Funding Round as is Set to Launch on Cardano

Blockchain-based project Revuto has entered into a strategic partnership with Cardano and will launch its decentralized application on top of the latter’s blockchain. Both parties aim to enhance recurring DLT-based payments for various subscriptions, including movies, music, cosmetics, food, and more. Revuto Goes on Cardano By utilizing blockchain technology, Revuto enables its users to “save […]

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Top Bitcoin Mining Pools Are Signaling for Taproot Activation

9 out of 10 of all Bitcoin (BTC) mining pools have been signaling for taproot activation, an upgrade that could highly improve network scalability and privacy. However, its activation seems unlikely during the Difficulty Epoch for Bitcoin. The latest mining pool to signal Taproot activation is BTC. Top, which did so on block height 683,945. […]

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Hacker shows how he ‘51% attacked’ Ethereum clone CheapETH for $100

Hacker shows how he ‘51% attacked’ Ethereum clone CheapETH for $100

It’s not often you see a 51% attack of a blockchain from the hacker’s side.  But an 18-year-old intern at venture capital firm Polychain Capital decided to show how such an attack works, for educational purposes. “I’ve never seen a 51% attack against a live network (for good reason I suppose; most folks attacking networks […]

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Bank of America joins Paxos’s blockchain-based settlement network for equities

Bank of America joins Paxos’s blockchain-based settlement network for equities

Bank of America, the second-largest bank in the U.S., has joined Paxos’s blockchain-based settlement network for equities. Bloomberg reported the news on Monday, saying that the network would help Bank of America settle stock trades in minutes rather than days using blockchain technology. Paxos’s solution is a private, permissioned blockchain network that allows two parties […]

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Tether is launching on the Avalanche blockchain

Tether is launching on the Avalanche blockchain

Stablecoin issuer Tether is set to launch its USDT token on Avalanche, making it the ninth blockchain network it operates on. USDT’s launch on the Avalanche network is expected in mid-June, Tether CTO Paolo Ardoino told The Block. Once launched, the stablecoin would work on nine blockchains: Algorand, Avalanche, Bitcoin Cash’s Simple Ledger Protocol, Ethereum, […]

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