Combining blockchain with digital monitoring, reporting and verification protocols may not only improve VCMs but even rescue them. Source: https://cointelegraph.com/public/index.php/news/dmrv-blockchain-carbon-trading
Month: August 2023
Judge Mulls Delaying Bankman-Fried’s Court Date Amidst Defense Pleas
Will Sam Bankman-Fried’s trial be postponed? This question has gained momentum following a virtual hearing held Wednesday, with reports from Inner City Press and Reuters showing that Judge Lewis Kaplan might be open to the idea. During the hearing, Bankman-Fried’s legal team continued to express concerns about their client’s inability to adequately prepare for his trial. In response to Judge…
DeFi Deposits on Base Soar as Yield Farmers Plant Aerodrome Harvest
The total value deposited into various DeFi contracts on the Coinbase-incubated Base network reached a new all-time high of $301.2 million, rising 53% overnight, per DeFiLlama data. This surge in deposits on the Ethereum layer-2 network can be attributed to the liquidity mining incentives on the newly deployed Aerodrome decentralized exchange. Liquidity mining, also called yield farming, refers to the…
Lufthansa airline launches NFT loyalty program on Polygon
Lufthansa, one of the largest airline groups in Europe, has launched its nonfungible token (NFT) loyalty program on the Polygon Network. The program will allow passengers to turn their trips into NFTs that can unlock rewards like miles and business lounge vouchers. On Aug. 31, Lufthansa announced the Uptrip mobile application, a project by Lufthansa Innovation Hub, the airline group’s…
Breaking victim ‘trust’ in scammer is key to beat crypto scams, exchanges say
Cryptocurrency exchanges in Australia have been increasingly communicating with their users as part of preventative measures for scams. According to local crypto firms, such communication is the key to preventing scams as it is able to “break trust” between victims and scammers. Executives at major Australian crypto firms like Cointree, CoinSpot and Swyftx on Aug. 31 met at a panel…
Bitcoin price holds 200-day trend line as trader predicts low is in
BTC price action is all about the 200-day moving average into the monthly close, with opinions on the outlook increasingly polarized. Source: https://cointelegraph.com/public/index.php/news/bitcoin-price-holds-200-day-trendline-btc-bottom
What are Staking and Lending? The Crypto Investment That Can Earn Interest
In brief Staking is where users agree to pledge money to a network in order to help it validate transactions. Lending is where users agree to loan their cryptocurrencies in return for interest payments. Both concepts allow users to earn tokens but the risks and rewards are different. Staking and lending are ways crypto investors can attempt to profit from…
China’s Baidu and other tech companies release ChatGPT-like AI chatbots
Four China-based tech companies launched their own artificial intelligence (AI) chatbots on Aug. 30 for public use after receiving approval from the Chinese government. Baidu, Baichuan Intelligent Technology, SenseTime and Zhipu AI all launched their chatbots less than two weeks after the government’s official AI legislation was enacted on Aug. 15, which requires government approval prior to launching AI-based products…
Robinhood Wallet Expands Crypto Offering to Add Bitcoin, Dogecoin, and Ethereum Swaps
Robinhood Wallet, a multi-chain, self-custody, Web3 wallet, has expanded its offerings to include support for Bitcoin (BTC), Dogecoin (DOGE), and in-app Ethereum (ETH) swaps. The move follows its global launch six months ago, which, according to the company, attracted hundreds of thousands of users across 140 countries. With the new update, Robinhood Wallet now provides custody, send, and receive capabilities…
Arkham IDs Robinhood as 5th largest ETH holder
Arkham Intelligence, a platform for monitoring cryptocurrency data, has revealed that apart from owning one of the biggest Bitcoin wallets, Robinhood is also a leading holder of ether, and is the owner of the fifth-largest ETH wallet, which contains about $2.54 billon worth of ETH. Arkham Intelligence stated on social media that their recognition of Robinhood possessing the third-largest Bitcoin…