NewsRoom Articles - Page 57 of 174

WednesdayJul 20, 2022 11:15 am

Highlights of Last Week’s Crypto News

The crypto market has had a rough go in the past few months. Most cryptocurrencies have lost more than 50% of their value, and the crypto market as a whole lost billions of dollars in value. Bitcoin, which had dropped in price from $69,000 in November to around $20,000 in June, dropped by 3.5% last week to trade at $20,831 by the end of the week. Ethereum, which was also down by almost 50% by June and traded for as low as $900, was up by 11.1% to trade at $1,357. Polygon went up by a whopping 19.46% to trade…

TuesdayJul 19, 2022 5:49 pm

Announcing Polygon as the Title Sponsor of This Year’s Crypto Fest Hybrid Edition

Bitcoin Events is excited to announce Polygon as the Title Sponsor of Crypto Fest 2022 hybrid edition. Polygon is a decentralized Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees and without sacrificing on security. Over 20,000 dApps have used the Polygon platform to scale their applications. Polygon is committed to fostering the growth of Web3 applications by providing the infrastructure needed for Web3. Shodipo Ayomide, Developer Relations at Polygon says, “We are excited to be joining the 2022 edition of Crypto Fest as the Title Sponsor, and we are looking forward to supporting…

TuesdayJul 19, 2022 12:00 pm

Canada Crypto Week Announced for August 8-14 2022 alongside Blockchain Futurist Conference and ETHToronto

Canada Crypto Week is taking place August 8-14, 2022, showing the crypto world that Canada is back in action with some of the brightest minds in the industry. Coordinated by Untraceable Events, it is a week to encourage event organizers to host crypto and blockchain related events, and to encourage crypto enthusiasts to attend a variety of shows so they can network and grow the ecosystem. With Blockchain Futurist Conference and ETHToronto being the anchor events of the week, already bringing in thousands of tech enthusiasts from around the globe, it is an ideal time to host Canada Crypto Week.…

TuesdayJul 19, 2022 10:30 am

NFT Expoverse – Space Giveaway Event Horizon – Get Ready for the ‘Outer World’ Experience

Witness the magical out-of-the-world experience of outer space at the NFT Expoverse, being held at the Los Angeles Convention Center from July 29-31, 2022. Industry leaders, entrepreneurs, techies, visionaries and professionals from the fields of Web 3.0, blockchain, and NFT technologies, are all invited to attend this Expoverse. The Space Giveaway Event Horizon, part of the NFT Expoverse, is a wonderful opportunity for those who have always dreamt of a chance to win a free trip into outer space. The 1st prize of the Space Giveaway (diamond NFT) is an amazing 12-hour space journey, wrapped in a 5-day experience, where…

MondayJul 18, 2022 12:45 pm

Reddit Puts Blockchain-Based Collectible Avatars on Sale

Redditors will soon be able to purchase blockchain-based collectible avatars after Reddit revealed that it will provide the range of avatars through a special storefront in the near future. Last week, the social media and discussion network announced that it had launched the new storefront that would allow users to purchase limited-edition collectible avatars backed by blockchain technology. Thanks to its decentralized nature, blockchain technology is used in the cryptography market to enhance security and increase traceability, efficiency, speed and transparency. Even though the crypto market has seen significant losses in recent weeks, the hype around blockchain technology that underpins…

MondayJul 18, 2022 10:30 am

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leveraging Increase in Blockchain Interest and All-Time Highs in Lightning Network Capacity

LQwD is leveraging the Lightning Network through its 17 international nodes, with the goal of having 24 nodes by the end of the current quarter Active LQwD nodes include Canada, France, Japan, England, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and US-West LQwD released its PaaS offering in November 2021, providing easy node and channel management on the Lightning Network and LSPs for merchants The blockchain market is expected to grow at a CAGR of 68.4%, resulting in a projected value of US $67.4 billion by 2026 Despite the volatility of the…

FridayJul 15, 2022 10:30 am

UK’s Asset Management Sector Lobbies for Blockchain Adoption

The cryptocurrency market may have hit hard times, but the blockchain technology that underpins the industry is still going strong. In Britain, the asset management industry has been lobbying for the government to adopt blockchain and develop a new class of funds that leverage the technology. Thanks to its decentralized nature, blockchain can benefit financial companies by enhancing security, increasing transparency, providing immediate traceability and automation, and increasing efficiency and speed. Last week, one of the largest trade bodies in the United Kingdom called on the government to work on approving blockchain-traded funds that will issue digital tokens rather than…

WednesdayJul 13, 2022 11:15 am

UAE Signs MoU to Have Government Employees Trained in Using Blockchain Technology

The United Arab Emirates (UAE) has partnered with a major blockchain intelligence company to train government employees on how to use blockchain technology and digital assets. A report from Emirates News Agency says the UAE has signed a memorandum of understanding (MOU) with New York-based firm Chainanysis to create virtual training programs for government institution employees. On top of training the employees in blockchain technology and digital assets, the virtual programs will help employees develop their skills and capabilities in the field, leverage global experiences and share success stories, the report said. Minister of State for Artificial Intelligence, Digital Economy,…

MondayJul 11, 2022 1:30 pm

Can Web3 Survive the Current Slump in Crypto Prices

Crypto prices have slumped to historic lows in the past couple of months, costing the crypto market trillions of dollars in value and raising questions about the industry’s future. More than 70 cryptocurrencies have lost 90% of their value since January 2022, while Bitcoin and Ethereum have dropped by more than 50%. As experts predict that Ethereum and Bitcoin could drop by as much as 85%, how will the newest version of the internet, dubbed Web3, fare? The internet has become increasingly centralized over the past decade as a select number of companies have gained a monopoly over internet services…

MondayJul 11, 2022 9:45 am

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Expands Lightning Network Reach with 17 International Nodes Routing Over 72 BTC and 36,000 Transactions

LQwD currently has Lightning Network nodes in several countries, including Canada, France, Italy, Indonesia, Japan, England, Bahrain, South Africa, South Korea, Sweden, Singapore, Brazil, Germany, India, Ireland, Hong Kong, and the United States Arcane Research reported that since its launch three years ago, the Lightning Network has grown to a capacity of almost 3,000 BTC with over 17,000 international nodes and 73,700 unique payment channels LQwD’s proprietary platform as a service offering also serves as a Liquidity Service Provider for merchants and incorporates an easy-to-use API The company hopes to expand to 24 international nodes by the end of the…