Ordinals, a BRC-20 token collection minted on the Bitcoin blockchain, have surged by 40.8% in the past 24 hours to $10.19 after listing on crypto exchange Binance. According to Binance’s Nov. 7 announcement, traders can now trade Ordinals (ORDI) against Tether (USDT), Bitcoin (BTC), and the Turkish Lira (TRY). Binance claims that it did not charge developers any listing fees for…
Month: November 2023
9 tips for a food business considering blockchain for its supply chain
Supply chain management has become a complicated issue for many industries in recent years — none more so than food and agriculture. When you’re in the business of ensuring essential, but perishable, goods get to where they’re supposed to go in a reliable and timely fashion — and are of the quality consumers deserve and expect — an accurate, real-time…
Metaverse projects failed on lack of correct business model: MetaMinds CEO
As the metaverse loses its appeal to some global tech leaders, MetaMinds Group CEO Sandra Helou argues that failures in metaverse initiatives resulted from a la… Source: https://cointelegraph.com/app/public/index.php/news/metaverse-projects-failed-lack-of-correct-business-model-meta-minds-ceo
Hong Kong regulator issues tokenized investments requirements amid demand
The intent behind the tokenization of SFC-authorized investment products is tied to rising market demand and the government’s willingness to facilitate market d… Source: https://cointelegraph.com/app/public/index.php/news/hong-kong-sfc-tokenized-investments-requirements
X Hall of Flame – Cointelegraph Magazine
Who is this person anyway? Irene Zhao, the Simp-Queen mastermind behind the SO-COL platform and a Crypto Twitter influencer, explains that having a celebrity in your corner can turbocharge your NFT collection. Zhao’s first Simp DAO and NFT collection, IreneDAO, started with a floor price that was basically pocket change in ETH. “I think it was about zero-point-something ETH,” Zhao…
Inordinately high — Bitcoin Ordinals send BTC transaction fees to new 5-month peak
Bitcoin users attempting to send on-chain BTC transactions are footing the bill for a fresh surge in Ordinals. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-ordinals-btc-transaction-fees-5-month-peak
Kraken launches Virtual Asset Service Provider (VASP) services in Belgium « Kraken Blog
November 7, 2023 | News Kraken has launched VASP services in Belgium, utilising its EU subsidiary, which has registered under the VASP regimes in Ireland, Spain and Italy. This launch reinforces Kraken’s ongoing commitment to upholding Europe’s robust anti-money laundering and compliance standards. And further underscores Kraken’s dedication to advancing crypto adoption across Europe, now and into the future. “We’re…
‘107,000 GPUs on the waitlist’ — io.net beta launch attracts data centers, GPU clusters
Over 100,000 GPUs from data centers and private clusters are set to plug into a new decentralized physical infrastructure network (DePIN) beta launched by io.net. As Cointelegraph previously reported, the startup has developed a decentralized network that sources GPU computing power from various geographically diverse data centers, cryptocurrency miners and decentralized storage providers to power machine learning and AI computing.…
Sui Taps Space and Time, Bringing Zero-Knowledge Tools to Web3 Games
Developers building on the speedy layer-1 blockchain Sui now have access to a full stack of zero-knowledge-proof-based (ZK) tools. The move is possible thanks to a new tie-up with the Microsoft-backed data platform Space and Time (SxT). Critically, these tools are expected to accelerate the burgeoning Web3 gaming niche on the SUI network, SxT’s CEO and co-founder Scott Dykstra told Decrypt.…
Caitlin Long’s Custodia Bank launches Bitcoin custody platform
Custodia Bank, a cryptocurrency-friendly bank founded by Bitcoin (BTC) advocate Caitlin Long, has launched its Bitcoin custody platform. The firm took to X (formerly Twitter) on Nov. 7 to announce the launch of Custodia Bank’s Bitcoin custody service targeting businesses like fiduciaries, investment advisers, fund managers and corporate treasurers. The launch comes soon after Custodia Bank earned approval from the…