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Weekly News

SOL price trending toward yearly low as Solana TVL drops $870M in three days

  • Post author:admin
  • Post published:June 17, 2022
  • Post category:Weekly overview

DeFi contagion fears and bearish technicals mean additional downside pressure on Solana price. Solana (SOL) tumbled on June 16 amid a broader retreat across the top cryptocurrencies, led by the…

Continue ReadingSOL price trending toward yearly low as Solana TVL drops $870M in three days

Accepting Bitcoin for your business just like Tesla: Report

  • Post author:admin
  • Post published:June 17, 2022
  • Post category:Weekly overview

Merchants that accept crypto rather than credit cards for payments can expect to save as much as 3.5% — or more. Tesla temporarily embracing Bitcoin (BTC) as a method of…

Continue ReadingAccepting Bitcoin for your business just like Tesla: Report

This oracle data provider platform has surpassed 4 million nodes since inception

  • Post author:admin
  • Post published:June 17, 2022
  • Post category:Weekly overview

The protocol has weathered multiple bear markets and has nearly 250 million data payloads and counting. Can a fully-functional oracle network ecosystem that anonymously collects and validates geospatial (location-specific) data…

Continue ReadingThis oracle data provider platform has surpassed 4 million nodes since inception

Blockchain’s potential: How AI can change the decentralized ledger

  • Post author:admin
  • Post published:June 17, 2022
  • Post category:Weekly overview

Artificial intelligence’s transformative power in relation to blockchain technology is being severely overlooked, say experts. One reason is that blockchain’s use of a decentralized ledger offers insight into the workings…

Continue ReadingBlockchain’s potential: How AI can change the decentralized ledger

BTC price rejects at $23K as US dollar declines from fresh 20-year highs

  • Post author:admin
  • Post published:June 17, 2022
  • Post category:Weekly overview

The Fed rate hike does not offer much relief as a downtrend in stocks resumes, dragging Bitcoin with it. Bitcoin (BTC) ran out of steam near $23,000 on June 16…

Continue ReadingBTC price rejects at $23K as US dollar declines from fresh 20-year highs

Soulbound Tokens: Social credit system or spark for global adoption?

  • Post author:admin
  • Post published:June 17, 2022
  • Post category:Weekly overview

Ethereum co-founder Vitalik Buterins Soulbound Token proposal for a robust identity and reputation system has stirred up the crypto community.Soulbound Tokens or SBTs are non-transferable, non-financialized tokens tied to a…

Continue ReadingSoulbound Tokens: Social credit system or spark for global adoption?

US Air Force taps SIMBA Chain to develop budgeting and accounting system

  • Post author:admin
  • Post published:June 17, 2022
  • Post category:Weekly overview

They said the purpose of DiBaT is to convert all dollars in the USAF supply chain budget into tokens and monitor fund movement across billing centers, purchasing centers and suppliers.…

Continue ReadingUS Air Force taps SIMBA Chain to develop budgeting and accounting system
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