Reno to digitize Burning Man ‘Space Whale’ as NFT on Tezos blockchain

The city of Reno, Nevada is developing its own DAO and NFT system on top of the Tezos blockchain network, Mayor Hillary Schieve said. Reno, the closest major city to the famous art festival Burning Man, is developing its own decentralized autonomous organization, or DAO, and a token in partnership with Tezos. Mayor Hillary Schieve announced the city’s plans to create the Reno DAO in a Thursday Tez Talks podcast hosted by the Tezos Commons Foundation. The city will build its Reno DAO and Reno Coin on top of the Tezos blockchain network in order to monetize art objects and pieces as well as further explore the potential benefits of blockchain and crypto to solve some of its biggest pain points, Schieve said. As part of the plan, the city also plans to digitize Burning Man artwork in the form of non-fungible tokens, or NFTs.

Ex-WallStreetBets Mods Aim to Turn WBS 2.0 Decentralized & Tokenized

Source: Adobe/Игорь Головнёв A group of moderators from the subreddit behind GameStop (GME) short squeeze, which made the headlines across the globe, WallStreetBets (WBS), is now planning to take a path of decentralization and build a smart contract-based pool. "It's time to decentralize WallStreetBets [and] build WallStreetBets 2.0," said the group which claims to be

China's BSN partners with TON Labs to utilize Telegram blockchain

While Telegram's token project is dead, the blockchain still lives. TON Labs and China’s Blockchain-based Service Network are collaborating to build applications on the Telegram-built TON protocol. According to an announcement issued on Monday, the partnership grants BSN developers access to TON technology. As with other instances of adapting public networks to the BSN China infrastructure, TON Labs will adapt the Telegram-built TON protocol to suit the demands of Chinese regulations.

Delphi Digital launches Labs wing to bolster portfolio company development

The research, media, and investment company adds a development wing Why wait for one of your investments to release a new feature when you can just build it yourself? Delphi Digital’s newly-announced expansion aims to do just that.

Top Crypto Analyst Says He Plans To Build Large Position in This Relatively Unknown Altcoin

A prominent crypto strategist and technical analyst is revealing his plan to build a big position in an under-the-radar altcoin.  In a new tweet, the pseudonymous analyst known as Cantering Clark tells his 53,000 followers that he’s looking to accumulate a new breed of crypto asset that targets both users of the decentralized finance (DeFi) […] The post Top Crypto Analyst Says He Plans To Build Large Position in This Relatively Unknown Altcoin appeared first on The Daily Hodl.

Ripple to Build The Core Ledger that Will Power Central Bank Digital Currencies

Ripple has been making headway in pursuing projects involving central bank digital currency issuances.

The Graph adds support for Polkadot, NEAR, Solana and Celo

The global network of open APIs is expanding to support new layer 1 blockchains. Following its mainnet launch on Ethereum in mid-December 2020, The Graph has today announced that it is integrating Polkadot, NEAR, Solana and Celo. As reported, The Graph is a protocol that enables programmers to build Application Programming Interfaces, which it calls subgraphs, that can query and index blockchain data. Envisaged as an open alternative to existing blockchain analytics tools, it offers an infrastructure for accessing on-chain data from multiple blockchains, with the wider aim of supporting collaboration and interoperability across the decentralized web.

Russian crypto mining firm scrambles to meet foreign demand

Russian crypto mining giant BitRiver is rushing to build two new data centers to meet increasing demand from global crypto miners. Global cryptocurrency mining operators are increasingly moving their equipment to Russia and the Commonwealth of Independent States as they chase lower energy prices. Igor Runets, founder and CEO of Russian crypto mining firm BitRiver, told local news agency Kommersant Thursday that the company is actively building up its power capacity to meet increasing demand from American and European investors. According to the executive, BitRiver has run out of spare capacity at its data centers, having fully reserved all of its power for the next 18 months.

Blockchain Firm Asks Nevada State for Permission to Build a Crypto ‘Smart City’ in Storey County

A crypto “smart city” could become a reality in Nevada’s desert, as a blockchain firm applied to make it possible.

Blockchain firm aims to build crypto city in Nevada desert

CEO Jeffrey Berns says the smart city could incorporate digital currency payments for goods and services as well as records on the blockchain. Blockchain incubator and investment firm Blockchains LLC is stepping up its plans to build a smart city in the Nevada desert east of Reno. In an interview with the Associated Press released Saturday, Blockchains CEO Jeffrey Berns said he had asked the state of Nevada to let him form a local government on the 67,000 acres the firm owns in Storey County.

Banks Likely to Adopt Stablecoins Cautiously Despite Guidance

Banks face a stablecoin conundrum: Build their own projects, with all the overhead that implies, or work with well-placed existing providers.

Reflexer Labs Raises $4M to Build Out ETH-Backed Stable Asset, RAI

Pantera and Lemniscap co-lead a bet on stability in DeFi without the US dollar.

MasterCard announces support for crypto on its network

MasterCard will allow its almost one billion users to spend cryptocurrencies at more 30 million merchants, although it hasn’t specified which coins will be supported. MasterCard has announced plans to support cryptocurrencies in 2021, paving the way for its nearly one billion users to spend digital assets at more than 30 million merchants. The firm believes this may open merchants up to new customers and build loyalty with existing customers who are already migrating to digital assets over traditional fiat options. “It’s about choice.

BadgerDAO partners with Yearn.Finance to build sustainable Bitcoin vaults

Bitcoin in DeFi gets a promising boost as two major yield vault projects join forces Today, Bitcoin-on-Ethereum yield vault project BadgerDAO and fellow yield vault platform Yearn.Finance announced a partnership designed to bring Yearn’s sustainable vault expertise to Badger.  “Today we’re excited to develop a partnership that will bring our teams together to further accelerate best in class BTC vaults for the industry,” BadgerDAO said in a blog post.

South Korean Central Bank: Build Legal Boundary Between CBDCs & Crypto

Source: Adobe/Снежана Кудрявцева The South Korean central bank – the Bank of Korea (BOK) – wants Seoul to draw a line between central bank digital currencies (CBDCs) and cryptoassets, and hopes the government will make an eleventh-hour adjustment to a key crypto law that promulgates next month. The BOK made its recommendation in a new report that comprises input from experts

NFT Marketplace Rarible Closes $1.75M Seed Raise From 1kx, Coinbase Ventures

The startup will use the funds to build a DAO governance structure.

DeFi Privacy Is Getting a Boost From Polkadot Parachain Manta Network

Manta Network will build MantaSwap now that it has closed a $1.1 million funding round.

Ukraine Wants to Bolster its Budget with Nuclear-powered Crypto Mining

The Ukrainian energy ministry is in advanced talks with a domestic crypto mining firm named Hotmine over a proposed deal to allow the company to build mining centers at more of the nation’s nuclear power plants. As reported late last month, the ministry, in conjunction with NAEC Energoatom – the state-run nuclear energy firm that manages Ukraine’s four active

Why the crypto world needs to build an Amazon of its own

Amazon and eBay don’t appear to be in a hurry to start accepting crypto.

Ukraine to Set up a Large-Scale Crypto Mining Data Center in a Nuclear Power Plant

Ukraine’s government-owned nuclear power plant picked a firm to build a massive data center in Rivne for cryptocurrency mining operations.

Crypto Exchange Operator Affiliate to Launch Blockchain Genome Platform

An affiliate of the Japanese crypto player and securities giant Monex Group is set to make use of a new blockchain technology-based platform as part of an ambitious genome research project. Per a press release, Genex, a Tokyo-based startup founded last year that is 40% owned by Monex, is looking to build a comprehensive health platform using blockchain technology.

New project uses rollups to build Linux-based decentralized computer

The Cartesi team thinks rollups can be used for more than just Solidity smart contracts. Layer-two project Cartesi has unveiled a rollup-centric design for its Cartesi Machine, a Linux-based virtual machine that would allow developers to run any type of computing application secured via blockchains.

What is the Waves protocol? How to buy WAVES (2021)

Waves is a blockchain platform that wants to make it easy to build Web 3.0 decentralized applications and launch smart blockchain-based assets.

Algorand Teams Up With Crypto Custodian Curv for ‘Trusted DeFi’

The firms aim to build technology that "appeals to traditional institutions, payment providers [and] governments."

Reddit Joins With Ethereum Foundation to Build Scaling Tools

The social media firm will dedicate developer resources to support scaling efforts for Ethereum.

What is Hyperledger? Beginner's Guide (2021)

Hyperledger is an open-source, modular project that enables enterprises to build using blockchain in a way that works for them.

How to Run a Bitcoin Node on a Raspberry Pi (2021)

It’s surprisingly easy to build a Bitcoin node on a Raspberry Pi—and cheap, at just $200.