Build Base Or Bust? Bitcoin Touches Down On Parabolic Support

Bitcoin price is trading in the mid-$40,000 range, unable to get through $50,000 but still holding strong the higher the recovery goes.

EMURGO announces new venture to build DeFi services infra on Cardano

Now that Cardano's Alonzo hard fork has given way to smart contract integration, it only makes sense for the network to foray into the world of decentralized finance (DeFi).

Idexo Raises $2.5 Million to Build Cross-Chain NFT and Gaming API

[PRESS RELEASE – Gibraltar, Gibraltar, 15th September 2021] Idexo is pleased to announce the completion of their $2.5 million funding round.

PrimeDAO raises $2M to build cooperative platform for DAOs

PrimeDAO has raised $2 million from DeFi funds that share its vision for a collaborative platform enabling cooperation between decentralized autonomous organizations.

Cardano community select projects to develop metadata sidechain solution

The Cardano community has selected Fluree and Ikigai Technologies to build their metadata sidechain solution - Project Logosphere.

Play-to-earn gold rush as Crypto Gaming Guild and Zebedee raise millions from VCs

Play-to-earn is booming, with startups Crypto Gaming United and Zebedee closing funding rounds of $5 million and $11.5 million respectively. Crypto Gaming United, a startup aiming to build a global community of nonfungible token (NFT)-focused play-to-earn gamers, hraised $5 million in an oversubscribed seed funding round.A Sept.

SolRazr Raises $1.5M to Build Decentralized Developer Ecosystem for Solana Blockchain

[PR – Singapore, Singapore, 8h September, 2021] Solana based venture platform SolRazr has unveiled the first decentralized developer ecosystem for the Solana blockchain, comprising Launchpad, Accelerator, and Developer Tools.

SolRazr Raises $1.5 Million To Build First Decentralized Developer Ecosystem for Solana Blockchain

September 7, 2021 – Singapore, Singapore Solana based venture platform SolRazr has unveiled the first decentralized developer ecosystem for the Solana blockchain, comprising launchpad, accelerator, and developer tools.

Conquering The 5 Biggest Hurdles Facing The Crypto Industry Right Now

To build a better alternative to the extractive big data economy, there are many challenges to overcome.

Cyclos Raises $2.1 Million To Build Concentrated Liquidity AMM on Solana

September 6, 2021 – Tortola, British Virgin Islands Cyclos, a new Solana-based DeFi project, has raised a total $2.1 million combined from a private and a public round.

Pollen DAO Raises $5 Million To Build the Uniswap of Asset Management

September 3, 2021 – Tortola, British Virgin Islands Pollen DAO is proud  to announce successful fundraising to the tune of $5 million.

Solana extends rally with another new high — Why is SOL price up by 70% in one week?

The SOL price rally also appeared in the wake of “Ignition,” a global hackathon to build new platforms on the Solana blockchain. Solana (SOL) started Friday at a new record high as investors continued to bet positively on its success in the decentralized finance (DeFi) and nonfungible tokens (NFT) sector.The SOL/USD exchange rate reached $146.28 for the first time in history, following a 35% month-to-date rally.

Pollen DAO Raises $5M to Build the Uniswap of Asset Management

[PRESS RELEASE – Tortola, British Virgin Islands, 3rd September 2021] Pollen DAO Is proud to announce successful fundraising to the tune of $5 million.

BSN Has Partnered with MetaverseSociety to Launch the South Korean BSN Portal Operator in November

BSNbase has partnered with the South Korean MetaverseSociety to launch the BSN portal operator in November, supporting Korean developers to quickly and efficiently build and operate blocks through its localized BSN platform Chain application.

Vitalik Buterin Tells How Jack Dorsey’s TBD Might Build the Bitcoin DEX

Ethereum co-founder Vitalik Buterin described how he imagines Jack Dorsey will build TBD’s Bitcoin DEX.

Decentralized Bitcoin Exchange, USD 100M DeFi Initiative + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. _____ Exchanges news Payment giant Square and social media giant Twitter CEO Jack Dorsey said that Square's new division focused on creating an open developer platform, TBD, is planning to build a decentralized bitcoin

Singapore central bank shortlists 15 companies to develop retail CBDC

The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.” The Monetary Authority of Singapore (MAS) has shortlisted 15 “Global CBDC Challenge” participants to help build an in-house retail central bank digital currency (CBDC).An announcement shared by the MAS shows that the finalists include six companies from Singapore, four from the United States, and one each from Australia, Barbados, Germany, France and Switzerland, out of which only three winners will be selected for deploying a retail CBDC in Singapore.Soon after the Singaporean central bank announced cash prizes for digital currency ideas back on Jun.

Jack Dorsey Plans to Build A Decentralized Exchange For Bitcoin

It is no secret that Twitter and Square CEO, Jack Dorsey, has been a crypto enthusiast for quite some time.

Jack Dorsey Reveals Efforts to Build a Bitcoin-Centric DEX

Jack Dorsey loves Bitcoin, but he also wants people to trade it, so he announced his latest project: TBD, A Bitcoin-Centric DEX

PLUGnet Launches Otto Blockchain for Developers

PLUGnet, a multichain synthetic asset network, has announced a launchnet release for developers and partners looking to build compliant DeFi applications.

Square Plans to Build a Decentralized Bitcoin Exchange, Says Jack Dorsey

TBD BTC DEX incoming! Jack Dorsey reveals plans to help onboard more users into Bitcoin via Square’s TBD initiative.

Jack Dorsey discusses plans to build a decentralized exchange for Bitcoin

First announced in July, Square's TBD unit is developing a "non-custodial, permissionless, and decentralized financial services" business whose "primary focus is Bitcoin." Square CEO Jack Dorsey said that the platform’s latest Bitcoin venture would be developing a decentralized exchange. In a Friday tweet, Dorsey said that TBD — either referring to the fact the business’ name is to be determined or simply the name itself — would be focused on building a decentralized exchange for Bitcoin (BTC).

Composable Finance Seeks Crowdloan to Build DeFi’s Interoperable Future

Composable Finance, an innovative blockchain protocol, is running ahead of schedule in its development of an interoperable ecosystem for decentralized finance (DeFi), which can be broadly defined as the use of blockchain to power financial tools.

Polygon Network Contemplating the Idea of Creating DAOs

Polygon is looking to build a DAO to harmonize its growing ecosystem.

Bison Trails launches Binance Smart Chain support

“Binance Smart Chain is becoming an important hub for developers looking to build applications, as demonstrated by the number of DeFi and NFT projects launched on the platform,” said Aaron Henshaw, CTO of Bison Trails.

Coinbase amasses a $4B war chest so it can outlast ‘crypto winter’

Strong revenues over the past two quarters from a large user base helped the exchange amass the funds. Coinbase, the largest American cryptocurrency exchange, has stockpiled a war chest worth about $4 billion in cash in preparation for decreased crypto retail trading volumes and higher operating costs brought on by regulatory hurdles.It reportedly expects to use the cash to cover costs incurred by a variety of factors, including conforming to new regulations handed down by the United States legislature.Coinbase CFO, Alesia Haas, told the Wall Street Journal that no one single danger to the exchange or the industry had compelled the exchange to build its cash reserves, but that it was best to be prepared for the worst while times are good.

Inching closer to global agreement on taxing the sustainable digital economy

The G20, OECD and other international agencies are set to implement a multilateral approach to tax policy to achieve sustainability goals. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.Since 2013, the Organization for Economic Cooperation and Development, or OECD, has been discussing the base erosion and profit shifting (BEPS) risks of large multinational enterprises (MNEs) — risks arising from the digitalization of the global economy.BEPS 2.0 reports came out in 2018 and 2019, aiming to ensure a fairer distribution of the rights to tax the profits of large MNEs, set at a global minimum tax rate, in order to build consensus and prevent the proliferation of unilateral measures such as digital service taxes that could escalate to trade wars.

Crypto ‘here to stay’ but its role is unclear, Columbia’s Kim Lew says

Columbia University isn't quite ready to jump headling into crypto, but those in charge of its endowment are definitely following the industry's development. Columbia Investment Management Company president and CEO Kim Lew thinks that cryptocurrencies are here to stay. “I think it will have profound effects,” she said in a recent interview, “There are many different avenues that it can go.”Lew explained that people could build many new things within the crypto ecosystem, such as stablecoins and nonfungible tokens.

USDC Issuer Circle Set to Turn Into Full-Reserve National Commercial Bank

Jeremy Allaire. Source: a video screenshot, Youtube, IMF US-based crypto company Circle, the issuer of the second-most popular stablecoin USD Coin (USDC), said it's on a journey towards becoming "a national digital currency bank." Per today's post by the company's CEO Jeremy Allaire, in their founding documents, Circle "envisioned that we could build a global digital currency bank,

As Bitcoin Hits $45,000, BTC Whales Showing No Signs of Profit-Taking: Santiment

Blockchain analytics firm Santiment says that Bitcoin (BTC) whales aren’t showing interest in taking profits as BTC continues to build strength.

Aave price hits two-month high on Wall Street's DeFi adoption hopes

Bids for the lending platform token surged dramatically after Bitwise Investments announced an AAVE-focused fund for institutional investors. Demand for Aave (AAVE) boomed dramatically in the previous 24 hours as traders assessed its involvement in Bitwise Investment's upcoming institutionally-focused investment vehicle.The San Francisco-based asset management firm announced Wednesday that it would invest directly in AAVE to back its "Bitwise Aave Fund," a fund created to build a bridge between accredited investors and the emerging decentralized finance (DeFi) sector."There is growing demand from financial advisors, hedge funds, institutions, and other professional investors for exposure to the fast-growing DeFi markets,” Matt Hougan, chief information officer at Bitwise, said in a press release, adding that their investment products would simplify access to DeFi markets for professional investors.The announcement helped to send the bids for AAVE higher across spot exchanges.

Russia grants $200K to build tool for tracing crypto transactions

A Russian company indirectly backed by Russia's largest bank will build a crypto tracking platform as part of a $200,000 procurement contract. Federal authorities in Russia are moving forward with a plan to closely monitor cryptocurrency activity for illicit transactions and deanonymize crypto users’ identities.The Russian Federal Financial Monitoring Service (Rosfinmonitoring) has selected a contractor for developing a platform for tracking cryptocurrency activity.

Alchemy Pay and Binance Partner to Drive Binance Pay Merchant Integration

PRESS RELEASE. Singapore, August 3, 2021 – Binance, the world’s largest crypto exchange, has partnered with crypto-fiat hybrid payment solutions provider Alchemy Pay to build a payment bridge between crypto and fiat through the Binance Pay wallet.

Regulatory clarity for crypto would take 3 to 5 years, FTX CEO says

FTX CEO Sam Bankman-Fried expects governments to have a clearer stance in the next three to five years and wishes to become a part of the discussions with the regulators “to build out this regime.” Running a successful crypto business requires close attention to the cloud of regulatory changes put forth by governments.

Velas Launches 5 Million USD Funding Program

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Press Release: Velas is proud to announce the launch of a 5 million USD funding program to support the growth of the Velas ecosystem and expand our reach in the new Web 3.0 epoch 3rd August, 2021, Zug, Switzerland - Today Velas are announcing the launch of a major funding program for projects to build upon the

Velas launches $5 million funding program

Today Velas is announcing the launch of a major funding program for projects to build upon the Velas Blockchain, driving innovation to the fastest blockchain on the planet — to the tune of $5 millioThe post Velas launches $5 million funding program appeared first on AMBCrypto.

What It’s Like To Mine Bitcoin As a Full-Time Job

Nick Sears is only 19-years-old, but in just two years he has managed to build himself a career as a full-time bitcoin (BTC) miner.

Greenidge Generation will use BTC mining profits to build solar farm

According to the mining firm, it aims to create high-tech jobs for residents and support local businesses with the solar farm. Bitcoin mining company Greenidge Generation is planning to increase the number of renewable energy sources available for use in New York.In a Thursday announcement, Greenidge said it would be using the profits from its Bitcoin (BTC) miners in the Finger Lakes region of New York state to expedite the closure of a nearby coal ash landfill.

REALM: Creating Your Own Reality

[Featured Content] The concept of creating a digital reality where users are actually able to build and populate space as they see fit without any constraints is one that’s no longer just a dream.

Reef Finance Opens Liquidity Bridge by Klever in New Decentralization Step

July 28, 2021 – San Francisco, California Reef Finance has transitioned into Reef Chain mainnet, its flagship Substrate-based network, opening its doors for smart contract developers across blockchain to build high-performance DeFi protocols on top of the chain.

New Multimillion Crypto Investment Rounds, Binance Withdrawals + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ______ Investments news Major Bitcoin miner Genesis Digital Assets has announced a USD 125m round of equity funding to purchase equipment and build new data centers in the United States "and nordic

SWIFT Ups Competition with Crypto, Launches 'Fast, Transparent Payments' Service

Global banking payments network SWIFT seems to be aiming to build itself as a stronger competition to cryptocurrencies - it has just launched a new service which they say allows businesses and consumers to send payments quickly, securely, and transparently directly from bank accounts.

Ethereum eyes rally to $3K, with 39% ETH price rebound triggering a classic bullish pattern

A falling wedge setup, as well as a rumor of Amazon preparing to accept cryptos, also boosts Ether’s upside appeal. The price of Ether (ETH) jumped to a three-week high on Monday, triggered by similar gains in the Bitcoin (BTC) market that appeared in the wake of rumors about Amazon’s foray into the cryptocurrency sector.A job posting from the retail giant showed that it is seeking an executive to build its “digital currency and blockchain strategy.” Meanwhile, global media reports have been speculating, based on inside sources that Amazon would start accepting Bitcoin as payments.

It's Time to Build Ethereum Beyond DeFi and Price Focus - Vitalik Buterin

Vitalik Buterin. Source: A video screenshot, Youtube/Grand Amphi Théatre Ethereum (ETH) is more than decentralized finance (DeFi) and the focus on price, argued its co-founder Vitalik Buterin.

Concordium to Developers: Join Our Revolution

July 20, 2021 – Zug, Switzerland Concordium has today unveiled an ambitious, industry-leading partnership program for global developers as part of its ongoing commitment to build a credible, trusted and sustainable blockchain industry.

Concordium to Developers: Join Our Revolution

[PRESS RELEASE – Zug, Switzerland, 20th July 2021] Concordium has today unveiled an ambitious, industry-leading partnership program for global developers as part of its ongoing commitment to build a credible, trusted, and sustainable blockchain industry.

ROSA Finance Builds The First Decentralized Pension Fund

Disclaimer: The text below is a press release that was not written by Cryptonews.com. ROSA FINANCE is making use of public blockchain technologies to build up a retirement and savings solution focused on transparency, security, self-custody, and decentralization. Intermediaries have plagued the existing financial system for years.

Tech Mogul Jack Dorsey Unveils Plans To Build Decentralized Finance Services on Bitcoin

Square CEO and tech mogul Jack Dorsey says that the payments company is establishing a new business that aims to create decentralized finance (DeFi) services focused on Bitcoin.

DeNations Hosts NFT Art Exhibition, Celebrating Genesis Block of the DeNations Art Chain

PRESS RELEASE. Defi and blockchain-powered Metaverse, DeNations launches NFT art minting platform, giving away free yield-bearing NFT art to NFT art collectors DeNations is a blockchain-powered metaverse platform based in Hong Kong that everyone can own nations, build cities/civilizations, and earn tokens.

Square to Build a New Open Developer Platform Focusing on Bitcoin

Square CEO Jack Dorsey announced on Twitter that the company is actively creating a new decentralized financial services business platform, mainly focusing on Bitcoin and other mainstream virtual currencies.

DeFi on Bitcoin: Jack Dorsey launches new Square division to make it 'easy'

Jack Dorsey has outlined plans to build an open developer platform focused on creating Bitcoin DeFi services.

Build your own DAO and manage crypto assets with xDAO

The cryptocurrency ecosystem has been fueled by the idea of decentralization and the concept has been further explored with the subsequent DeFi revolution. The concept of DAO or Decentralized AutonThe post Build your own DAO and manage crypto assets with xDAO appeared first on AMBCrypto.

Could You Build a Better Way to Wiki? Free TON Launches Contest With Over $80,000 in Crypto

Free TON, a decentralized international community of developers and enthusiasts, have launched a brand-new contest to rework the Wikipedia Governance model, and there are thousands of dollars worth of rewards on offer.

Nexo Wraps Up Strategic Investment in Yield Inc, Signals Vocal Support for DeFi Ecosystem

July 12, 2021 – London, United Kingdom Nexo, the leading regulated institution for digital assets, has completed a strategic investment in Yield Inc, a company leading efforts to build the Yield Protocol – an Ethereum protocol that enables fixed-rate borrowing and lending by fostering the nascent DeFi bond market – as part of the company’s $10 million ‘Series […] The post Nexo Wraps Up Strategic Investment in Yield Inc, Signals Vocal Support for DeFi Ecosystem appeared first on The Daily Hodl.

Nexo Wraps Up Strategic Investment in Yield Inc, Signals Vocal Support for DeFi Ecosystem

[PRESS RELEASE – London, United Kingdom, 12th July 2021] Nexo, the leading regulated institution for digital assets, has completed a strategic investment in Yield Inc, a company leading efforts to build the Yield Protocol – an Ethereum protocol that enables fixed-rate borrowing and lending by fostering the nascent DeFi bond market – as part of […]

The Bogdanoff Twins Claim They Participated in Helping Satoshi Nakamoto Build Bitcoin

Following the infamous meme that shows one of the Bogdanoff twins on the phone telling whales to initiate a crypto-market dump, the Bogdanoff brothers now claim they took part in inventing the leading cryptocurrency bitcoin with Satoshi Nakamoto.

Square Is Building a Bitcoin Hardware Wallet – Here’s How It Will Look

Square CEO Jack Dorsey says the merchant payment platform will build a Bitcoin hardware wallet.

Africrypt turns sour on investors: Founders flee as court cases build up

Africrypt founders are still on the run as investors turn to legal action to try to recoup funds lost in South Africa’s latest cryptocurrency theft scandal. Two South African brothers are facing mounting pressure to come forward to authorities as investigators delve into one of the biggest cryptocurrency thefts in the country.Raees and Ameer Cajee are central figures in the now infamous Africrypt cryptocurrency investment scheme saga.

Altcoin bulls pile into Synthetix (SNX), Axie Infinity (AXS) and EOS

Data from Cointelegraph Markets Pro shows SNX, AXS and EOS as the strongest 24-hour gainers as the bullish momentum in DeFi and NFT tokens continues to build.

Jack Dorsey’s Square Confirms: We Are Building a Bitcoin Hardware Wallet

Jack Dorsey's financial services company Square has confirmed its plans to build a hardware Bitcoin wallet to enhance mass adoption.

Square To Enter Crypto Hardware Market With Bitcoin First Wallet

Jack Dorsey. Twitter CEO Jack Dorsey-led payments company Square confirmed it aims to build a bitcoin (BTC) first hardware wallet "to make bitcoin custody more mainstream." "We have a lot of questions and issues to reconcile and we’ll start with this product direction: bitcoin first, global distribution, multisig to achieve “assisted-self-custody,”

Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average

The crypto market may be down from its all-time highs, but dollar-cost averaging is still the best way to build long-term profits. Choppy markets have defined the crypto space since Bitcoin (BTC) sold off on April 19, and indecisive markets like these can test the patience and fortitude of even the most dedicated traders and analysts, especially when the incessant calls for a bottom are met with lower lows.While the periods of low trading volume and whipsaw price movements may be the perfect conditions for whale-sized traders to play in, the average investor doesn’t stand a chance, especially with multimillion-dollar funds now beginning to get in on the action.Data shows that instead of day trading and attempting to time the market bottom, dollar-cost averaging (DCA) is the best method for retail investors looking to build long-term profits in both traditional and crypto markets.In 2020, Coin Metrics pointed out that investors who dollar-cost averaged into BTC starting from the December 2017 peak were still in profit three years later.

Coinbase to Launch Apple-Like Crypto App Store

Cryptocurrency exchange Coinbase has unveiled its plan to build “the crypto app store,” inspired by how Apple Inc.

Coinbase Plans to Build 'Crypto App Store’: CEO

Coinbase CEO Brian Armstrong has revealed the company’s plans for an Apple-inspired dapp store dedicated to crypto.

Argo Blockchain Secures $20M Loan to Build Out West Texas Mining Facility

London-based Argo blockchain has secured a $20 million loan from Galaxy Digital, providing momentum as a driving force to expansion.

Coinbase reveals plans for crypto app store amid global refocus

Coinbase is looking to bolster its global presence, announcing it will focus on launching new products “in most countries by default” moving forward, including a crypto app store. Top US-based centralized crypto exchange, Coinbase, has announced plans to launch a crypto app store offering third-party developed products.A June 30 blog post penned by Coinbase CEO Brian Armstrong revealed its plans for an app store, stating that while “the crypto economy is still in its early stages, [...] it is clear that every year more and more economic activity will take place on crypto rails.”“Apple didn’t attempt to build every app for the iPhone, it empowered developers and gave mobile users an easy way to access new innovative apps.

IAGON Raises $3.4M Funding To Build First Data Platform on Cardano

June 29, 2021 – Oslo, Norway IAGON, a startup focused on leveraging blockchain to build a decentralized big data platform, has raised $3.4 million in seed and private funding from a group of reputable crypto-centric investment funds.

Smart cities are the future, but they might threaten privacy

Is it possible to build a sustainable IoT-powered smart city of the future, one that doesn’t have all the dystopian side effects? You might have heard the term “smart city” before — a futuristic, utopian idea that we might see implemented in the foreseeable future.

Crypto-keen South Korean Thieves Raid GPUs from ‘Love Hotel’ PCs

Criminals have hatched a fiendish plan to help them build up their token portfolios – by stealing graphics cards from PCs in South Korean “love hotels,” motels that cater to couples craving physical intimacy. Love hotels can be found all over South Korea and across the sea in Japan – and provide short-term accommodation to young, mostly unmarried couples, although older

What Will Happen to Ethereum Miners After ETH 2.0?

The coming proof-of-stake network will make ETH miners obsolete.

Beeple Co-Founded WENEW To Build Its Carbon Negative NFT Platform for Iconic Moments on Polygon

June 25, 2021 – Singapore, Singapore Mike Winkelmann aka Beeple is an extremely talented digital artist, animator and art world disruptor, most famously known for being the first artist to have a digital piece sold via Christie’s famous auction house.

Trust is key to mainstream adoption for stablecoins, says Paxos CEO

In order to go beyond the crypto ecosystem, stablecoins need solid regulations, Paxos CEO Charles Cascarilla said. Paxos CEO Charles Cascarilla believes that stablecoins need solid regulation to go beyond being just a tool for crypto enthusiasts and achieving mainstream adoption.Speaking to Bloomberg, Cascarilla explained that stablecoins would be unable to build trust without regulation, which is critical to attracting interest from outside of the crypto community.

Aussie state government blockchain platform may prevent a tower block inferno

The platform will track the material resources, subcontractors and construction process used to build Aussie homes. Big Four accounting firm KPMG has partnered with Australian property developers Mirvac to develop a blockchain-based platform to track the provenance of buildings. The platform was commissioned by the New South Wales state government.Taking inspiration from supply chain initiatives to track beef products using blockchain, the platform will allow property insurers, investors, and owners to access verified data on the resources, subcontractors and building processes employed during a property’s construction.A working model is slated to go live within six months and will be piloted on existing buildings that are undergoing rectification amid the recent flammable cladding crisis, in addition to an upcoming development from Mirvac.The integrity and trustworthiness of Australian property construction has emerged as a major concern after the 2017 Grenfell Tower disaster in the United Kingdom prompted a national investigation into the safety of materials used in Australian buildings during 2019.The subsequent report estimated that it would cost roughly $4.2 billion to fix thousands of homes that are fitted with dangerously combustible cladding.

Motor Team McLaren Racing Partners With Tezos to Build NFT Platform

On Thursday, McLaren Racing announced the British motor racing team selected Tezos as the organization’s official partner across the Indycar series, Formula One, and esports.

DAO1 Hackthon Targets African Blockchain Devs

As part of an initiative that seeks to build the crypto and blockchain space talent base, the Decentralized Autonomous Organization (DAO1), a community-led protocol, will be holding a major collaborative computer programming or a hackathon.

Ethernity CLOUD Sells 90% of Presale Tokens in 9 Hours

[PRESS RELEASE – Please Read Disclaimer] Ethernity CLOUD, a platform that leverages blockchain technology to build a decentralized ecosystem, allowing regular cloud software to be run as cloud-based dApps, has sold off 90% of its available Presale tokens in 9 hours during their presale.

Thailand’s XSpring Capital raises $225M to build integrated financial marketplace

Thai companies and millionaires have funded the firm which aims to bridge traditional and digital finance.

$10 Cardano This Year? Top Trader Unveils Giant 2021 Targets for ADA and Two Crypto Assets

A closely-followed trader who continues to build his following with timely calls on the crypto market is revealing his giant targets for Cardano and two other digital assets.

Stake Technologies secures $10M to build DApp ecosystem for Polkadot and Kusama

The parent company of Plasm Network and Shiden Network has prioritized development initiatives centered around Polkadot and Kusama.

El Salvador's president wants to build volcano-powered crypto miners

Bitcoin is heating up — some may say erupting — as the Latin American country plans to tap energy from volcanoes for mining the cryptocurrency. Nayib Bukele’s plans for crypto in El Salvador are still in motion, with the president now calling for a geothermal power company to make certain facilities available to Bitcoin miners. In a Wednesday tweet from Bukele, the president said he would be instructing Mynor Gil, the president of the state-owned electrical company LaGeo, to facilitate Bitcoin (BTC) mining “with very cheap, 100% clean, 100% renewable, 0 emissions energy” from the country’s volcanoes. The firm operates the only two geothermal power plants in El Salvador based in the regions of Ahuachapán and Berlín, with announced plans to construct new facilities in San Vicente and Chinameca.

NFT Startup Mythical Games Raises $75M From Gary Vee, Galaxy, Others

The firm, led by Activision, EA, and Oculus veterans, brings in sizable new funding funding to build out its Blankos Block Party game.

A Blockchain Project Just Bought $704k in Digital Real Estate To Build a Virtual Mall

Boson Protocol's virtual mall will let users buy digital items that can be redeemed for real-world items.

BlueOcean Mining Hash Power Tokenization and Trading Platform Global Launch

June 5, 2021 – Berlin, Germany BlueOcean Mining (BOM) is led by large global miner communities in Germany, South America, South Korea, Southeast Asia and more, joining forces with globally operating mining farms, traditional finance and DeFi concepts, to build a decentralized hash power NFT tokenization and trading platform.

Square and Blockstream To Build US Based Bitcoin Mine With Renewable Energy

Bitcoin mining is on the move. Around the world, more companies and initiatives are being brought to life.

Sculptors to Build a Satoshi Nakamoto Statue in Budapest

Hungarian sculptors will erect a bronze statue of Bitcoin's creator Satoshi Nakamoto in the capital Budapest.

Blue Ocean Mining Hash Power Tokenization & Trading Platform Global Launch

[PRESS RELEASE – Berlin, Germany, 5th June 2021] Blue Ocean Mining Global Launch Blue Ocean Mining (BOM) is led by large global miner communities in Germany, South America, South Korea, Southeast Asia, etc., joining forces with globally operating mining farms, traditional finance, and DeFi concepts, to build a decentralized hash power NFT tokenization and trading […]

Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio

Looking to build a diversified crypto portfolio? DeFi, stablecoins and oracles are three cornerstone sectors to consider. Welcome to Cointelegraph Market’s Altcoin Roundup, an in-depth newsletter that focuses on investing from the perspective of fundamental analysis and seeks to identify emerging blockchain projects and tokens that fill niche demands within the growing cryptocurrency market.The concept of multi-sector investing has long been advocated in traditional finance as the conventional approach to building a balanced portfolio.

Payments Firm Square May Build a Hardware Wallet, Dorsey Heckled at Bitcoin Conference Over Censorship

The cofounder of Twitter and the CEO of the payments firm Square, Jack Dorsey, has revealed his firm is contemplating creating a bitcoin hardware wallet in collaboration with the community.

Jack Dorsey outlines Square’s tentative plans for Bitcoin hardware wallet

“Bitcoin is for everyone. It’s important to us to build an inclusive product that brings a non-custodial solution to the global market,” the CEO said.

Jack Dorsey Says Square 'Considering' Bitcoin Hardware Wallet

"We would build it entirely in the open, from software to hardware design, and in collaboration with the community."

New DeFi ‘passport’ could enable under-collateralized crypto loans

Arcx has launched a new version of its “DeFi Passport,” Sapphire, promising the pseudonymous on-chain credit check will enable new decentralized finance products. Decentralized finance (DeFi) protocol Arcx has announced the launch of Sapphire v3, a DeFi passport allowing crypto users to pseudonymously build and verify their reputation on-chain.Announced June 2, the DeFi passport will score users on a scale between 0 and 1,000, with Arcx advancing that the passport “incentivizes reputation-building and curates on-chain identity into DeFi.”In the absence of a DeFi passport, Arcx asserts that “protocols are left to treat every user the same, occasionally giving preferential consideration to wallet size, institutional backing, or restrictive KYC.”Arcx expects its passport will be integrated onto many DeFi protocols, predicting Sapphire will allow projects to offer “low-collateral loans and high-yield farms” targeting users with high credit scores.

Privacy blockchain Dusk establishes $5 million grant program

Folks looking to build solutions involving Dusk’s privacy-focused blockchain can apply for support, as the company has $5 million to dish out.

Market Timing: Why Bitcoin Could Sweep Lows Before A Bounce

Bitcoin price is consolidating above $35,000, trying to build enough support to make an attempt at returning to local highs.

Bearish Bitcoin bites, fears of further falls, regulation woes build: Hodler’s Digest, May 23–29

Bearish signals are growing in the crypto markets as tighter regulations and environmental concerns cast a dark shadow over Bitcoin.

How Pocketnet & Pocketcoin (PKOIN) Are Set to Change the Internet Forever With Crypto & P2P Tech

Pocketnet is a fundamentally new way to build a social media platform powered by the cryptocurrency Pocketcoin (PKOIN).

Shield Protocol: Tokenomics for a Trustless and Long-Term Value Decentralized Network

Like Bitcoin, DeFi’s ambition to build a fully decentralized global network is the fundamental source of its revolutionary characteristics – that of being trustless and enabling disintermediation.

Choosing the Right Blockchain Scalability Solution to Build On

The text below is an advertorial article that was not written by Cryptonews.com journalists. Ethereum has benefited from its first-mover advantage in maintaining a strong developer community.

Blockchain platform raises $12M to build javascript-like DApps

Blockchain development platform Reach is aiming to create universally compatible DApps by building a javascript-like programming language. Reach, a blockchain development platform for decentralized applications, has raised $12 million from investors to further its goals of simplifying the DApp creation process, the company announced on May 26.The latest funding round takes the total sum raised by Reach to $48 million, as the firm aims to produce a javascript-like programming language for use in building blockchain applications.

Crypto Startup Reach Raises $12 Million to Build on Ethereum, Algorand

Reach aims to simplify decentralized app development across blockchain platforms.

What is Dfinity's Internet Computer (ICP)?

Dfinity wants to replace the cloud computing industry with its decentralized Internet Computer—and build a new generation of mega-applications atop it.