Month: January 2021

Bitcoin’s smart contract-enabled sidechain RSK is introducing the concept of meta-transactions, which allows third parties to pay for a user’s transaction fees. Announced on Thursday, the “RIF Enveloping” solution enables wallet providers to pay for their users’ transactions. Paying transaction fees is currently a major adoption bottleneck in adoption for smart contract platforms. Users wishing
0 Comments
Farmers struggling amid Argentina’s hyperinflation and the economic effects of the coronavirus pandemic may soon find relief through the tokenization of agricultural assets using blockchain technology. According to a press release on Thursday, blockchain infrastructure provider CoreLedger and soon-to-launch peer-to-peer marketplace Abakus are aiming to create a digital barter economy within the country. CoreLedger’s technology
0 Comments
This is a repost of Finance Redefined’s latest installment, where Cointelegraph unpacks the latest developments in DeFi. The newsletter is delivered to subscribers every Wednesday. DeFi was reasonably quiet in terms of major fundamental developments, instead letting prices do the talking. Many tokens rallied, both the popular and the almost forgotten. Save for a few
0 Comments
Guggenheim’s Scott Minerd has come out with another gloomy price outlook for Bitcoin stating that there is not enough institutional demand to keep the asset over $30,000. The chief investment officer of the financial services firm told Bloomberg Television the institutional investor base was not big enough to sustain the current prices. “Right now, the
0 Comments
Reddit is expanding its role in the Ethereum ecosystem, with the goal of building out scaling tools for the blockchain network. The social media platform announced Wednesday it was partnering with the Ethereum Foundation to increase its commitment to blockchain technology by providing development resources to scaling tools. In the announcement, posted to the Ethereum
0 Comments
Public companies have purchased about 85,000 Bitcoin (BTC) in the past year and institutional investors have pumped money into Grayscale Investments, which shows increasing institutional adoption is one of the main reasons for the recent Bitcoin rally. However, at the moment it seems institutional investors are unlikely to chase prices higher. If the fresh inflow
0 Comments
As more jurisdictions explore the potential utility of blockchain technology and cryptocurrency, one American mayor suggested that she backs Chainlink — the most widely used oracle network for powering connected smart contracts.  When Miami Mayor Francis Suarez announced that his municipality’s website would host Satoshi Nakamoto’s Bitcoin (BTC) white paper, Mayor Hillary Schieve of Reno, Nevada asked
0 Comments
While not many technical details of China’s plans for its central bank digital currency (CBDC) are publicly available, the digital yuan is already raising concerns around privacy, national security and political power. The Digital Currency/Electronic Payment (DCEP) system would give the Chinese Communist Party the powerful ability to monitor in real time the minute financial
0 Comments
On the evening of Jan 25, longtime non-fungible token (NFT) collectors, developers, and believers witnessed a bizarre, but likely validating piece of blockchain history: legendary collector-whale Pranksy was interviewed on the Fox 5 New York evening news during a segment on NBA Topshot, an NFT-backed collectible highlights project.  NFTs on the nightly news is the
0 Comments