The Federal Reserve’s upcoming integration with Metal Blockchain has sparked debates on stablecoins, privacy, and financial system plans. Metal Blockchain’s collaboration with instant payment service FedNow aims to enable rapid stablecoin conversions and potentially create interconnected “bank chains” for a secure, oracle-independent blockchain ecosystem.
Search Results for: Metal Blockchain
Busan’s Bold Pursuit to be a ‘Blockchain City’: A Step Forward or a Step Too Far?
South Korea’s second-largest city, Busan, seeks to become a ‘Blockchain City,’ building an Ethereum-compatible mainnet for its various blockchain services. The city has allotted a budget of 100 billion won ($75 million) under the Blockchain Innovation Fund (BIF) with hopes to stimulate a seamless transition into blockchain implementation, by enhancing private services’ quality and interconnection.
The Ongoing Evolution: Blockchain’s Intriguing Trajectory and Information Overwhelm Challenge
“Prominent firms SOMA Finance, MANTRA, and Tritaurian Capital are set to launch the first legally issued digital security for global and U.S retail investors via their SOMA token. Meanwhile, Bitget introduced “Snowball”, a tool for structuring investments, offering both principal protection and up to 24.5% APR. In other news, Microsoft has released four AI compilers aimed at optimizing AI models’ performance.”
Cross-Border Digital Asset Investment: Metalpha’s NextGen Fund I Faces Opportunities & Challenges
Hong Kong-based Metalpha received a $5 million investment from mining rig manufacturer Bitmain for its Next Generation Fund I, aiming to raise $100 million. The fund invests in Grayscale products through structured derivatives, ensuring legal compliance in the US and Hong Kong, while providing exposure to digital asset portfolios.
3XP Web3 Gaming Expo: Exploring Potential and Debating the Future of Blockchain in Gaming
The 3XP Web3 Gaming Expo will showcase the potential of blockchain technology in gaming, featuring over 60,000 sq ft of immersive gameplay booths, live esports competitions, and insightful panels. Exhibitors include Horizon’s Sequence platform and Immutable’s intriguing game titles, highlighting digital ownership and open economies in the gaming world.
Blockchain’s Role in Creating a Transparent and Ethical EV Supply Chain
A blockchain solution is crucial for creating transparency and guaranteeing human rights throughout the entire electric vehicle (EV) supply chain. Blockchain technology can provide transparency, ensuring every transaction from mining to manufacturing is recorded and verified, eliminating unethical sourcing and raising quality control standards. This sets the stage for a sustainable, ethical EV revolution.
Fantom Scalability Solutions, EOS Antelope Leap v4.0.0, and the Sparklo Presale: A Triple Threat for Blockchain Innovation
Fantom (FTM), EOS, and Sparklo are making waves in the blockchain technology scene, each offering […]
Unlocking the Sandbox: Tensions Between Crypto’s Decentralization Ethos and Mainstream Adoption
The Sandbox Metaverse project recently unlocked $133M worth of its native SAND tokens, increasing its circulating supply. However, such token unlocks often cause a downward trend in prices due to increased market liquidity. Meanwhile, The Sandbox is also focused on expanding its metaverse ecosystem, recently partnering with the British Museum. Concurrently, the US Federal Reserve’s instant payment system, FedNow, included a Hedera-based micropayments platform called Dropp, reflecting gradual acceptance of DLTs.
Decoding FedNow: U.S Federal Reserve’s Stand on CBDCs and Future of Instant Payment Services
The U.S. Federal Reserve’s new instant payment service, FedNow, set to launch in July 2023, is not associated with central bank digital currencies (CBDCs), but operates within the fiat ecosystem. Despite testing by numerous institutions and growing CBDC interest globally, the Federal Reserve reiterates, it requires legislative authorization before issuing a CBDC.
Gold Versus GambleFi: The Battle for a Safe Haven in Uncertain Economic Times
In the midst of global economic uncertainty, gold’s reliability shines while a gold token, XAUT, experiences a market rise implying a bullish sentiment. Emerging prospects like the TG.Casino, a GambleFi project, blending blockchain’s decentralised advantages with casino gaming, are gaining traction.
Unveiling Busan’s Digital Asset Exchange: Transforming Asset Trading in South Korea
“City officials in Busan, South Korea, plan to launch a digital assets trading platform, leveraging fourth-generation blockchain technology. The platform, called Busan Digital Asset Exchange (BDX), aims to tokenize valuable assets and diversify its covered assets.”
Future of Financial Forecasting: Embracing AI in Modern Finance with yPredict
“yPredict aims to revolutionize financial forecasting using AI-powered predictive tools and blockchain technology. It leverages ARIMA and LSTM models to predict Ethereum prices and reveal potential future price trajectories, offering a range of services for traders and AI/ML developers.”
Integration of Real-World Assets and DeFi: The Future or a Paradox?
“Pendle Finance aims to integrate real-world assets within the digital finance ecosystem, opening access to traditional financial instruments. While this could attract large, off-chain institutional investors, it raises questions of blurring boundaries between decentralized finance and traditional systems.”
Transmuting Crypto into Silver: Litecoin’s Digital Alchemy Unfolds with Ballet
Litecoin Foundation and crypto cold-storage card manufacturer, Ballet, will soon offer 500 silver cards loaded with 6.25 LTC each, to commemorate Litecoin’s third halving event. The cards represent a fusion of blockchain technology and precious metal. Each silver card serves not only as a token but also incorporates security features, ensuring safely stored litecoin.
Bitcoin Resilience and Binance.US Liquidity Challenges: A Study in Crypto Market Dynamics
Bitcoin continues to show signs of positive decentralization with over one million wallets each holding at least one Bitcoin. However, Binance.US faces liquidity challenges, with a significant discount on Bitcoin and Tether (USDT) trades due to suspended fiat pipelines. The current market dynamics highlight intriguing movements in future blockchain markets and technologies.
Web3
Web3 and NFTs are revolutionizing the music industry, with the inaugural Wavelengths Summit discussing blockchain-based communities, AI, and future artist revenue streams. The event emphasized community building through blockchain and decentralization while exploring the potential of decentralized autonomous organizations (DAOs) in the industry.
Sparklo Presale vs Near Protocol: Analyzing Crypto Projects with High Growth Potential
Crypto enthusiasts are comparing Sparklo presale and Near Protocol’s partnership with Cosmose AI for growth potential. While Near Protocol helped Cosmose AI make crypto payments cheaper, Sparklo’s blockchain-based platform offers access to gold, silver, and platinum investments through fractionalized NFTs, attracting investors’ attention.
Sparklo vs Casper and Flare: Navigating Volatility and Identifying Smart Crypto Investments
In an increasingly volatile crypto market, Sparklo (SPRK) emerges as a potential trendsetter, offering promising investment opportunities with its unique technology enabling faster, scalable transactions, and fractional precious metals investing feature. While Casper (CSPR) and Flare (FLR) face skepticism, Sparklo’s forward-thinking approach and accessible diversification positions it as a wise investment option.
From Fizzling Flames to Soaring Sparks: How Thorchain (RUNE) Dwindles While Convex (CVX) and Sparklo (SPRK) Shine Through in 2023
The crypto market of 2022 was a rollercoaster ride, with most coins witnessing a significant […]