Blockchain

Though Bitcoin has been at its most oversold point since March 2020, long-term investors haven’t taken their eyes off the ball. Ex-Goldman Sachs CEO Lloyd Blankfein believes the crypto industry is “happening”, having matured significantly in 2021. As a result, he suggested that now could be a great time to invest, much like other devotees buying this week’s dip. A Rapidly Growing Ecosystem Blankfein aired his thoughts on the industry in an interview with CNBC’s Andrew Sorkin on Monday. Sorkin…

Crypto.com has taken yet another foray into the highly crypto-loving world of sports. The exchange recently signed a 5-year deal with The Australian Football League (AFL) to finance the Toyota AFL Premiership Season. It’ll also support the NAB AFL Women’s championship, making it the first crypto platform to sponsor a women’s sports contest. Crypto.com Partners w/ AFL The exchange announced its new partnership in a blog post earlier today. The deal makes Crypto.com the “Official Cryptocurrency Exchange and Official Cryptocurrency…

aelf network has announced its metaverse-themed Hackathon, “Top of OASIS,” which will take place on December 12, 2021. The platform encourages all potential participants to advance their project proposals by February 9, 2022. Additionally, aelf will offer full support to all the projects participating in the Hackathon. Developers can register their blockchain projects, including DeFi and GameFi proposals, and compete for spots in aelf's prizes pool. Top of Oasis Hackathon Main Dates Top of OASIS is aelf’s first metaverse-themed blockchain…

Visa understands where the financial payments of the future are heading. Furthermore, it does not hesitate to inform its clients about it. For example, the payment giant is launching crypto consulting and advisory services to help clients navigate the novel crypto world. This shortly follows the launch of another Visa initiative to familiarize artists with NFTs. Crypto Consultation With Visa The advisory practice will be housed in Visa’s consulting and analytics division, as reported by CNBC. It will provide retailers,…

Musk managed to draw the ire of the broader crypto community again while delighting Doge holders. Elon Musk, CEO of Tesla and SpaceX, posted a series of tweets shading Ethereum and Web 3 while touting Doge. Unfortunately, his tweets managed to pump up Doge again for a while. On Thursday, Musk wrote that Web 3, a concept that's widely supported in the crypto community, "sounds like bs." The stance is extraordinary, seeing that his brother, Kimbal Musk, launched an autonomous…

After stepping down as Twitter’s CEO, rumors flourished about Jack Dorsey doubling down on building the Bitcoin network. Greater evidence of those suspicions has just emerged.  Dorsey’s digital payments company “Square” just announced a Facebook-esque rebranding to “Block”. The Bitcoin community has interpreted this as a public commitment to Bitcoin's “blockchain”. Square Goes Three-Dimensional The financial services company revealed its new name in a Twitter thread earlier today. Apparently, the company is preparing to give “the full square brand” to…

While Jerome Powell remains cautious of the stablecoin sector, he has big plans for utilizing cryptocurrency technology for American benefit. In a recent statement, he announced a related partnership between the Federal Reserve and the Bank of International Settlements. Together, the organizations will analyze how Central Bank Digital Currencies (CBDCs) can improve the current global financial system. Powell’s Plans For CBDCs The chairman announced the partnership during his opening remarks for the “Introducing the New York Innovation Center Event,” earlier…

Social media companies are scaling their efforts to immerse their platforms with blockchain technology. Earlier today, Twitter revealed that it is forming a team dedicated to exploring decentralized applications. Many know Jack Dorsey as a Bitcoin maximalist. However, this is only the first time his company has invested in the surrounding blockchain ecosystem. Twitter’s Crypto Team Tess Rinearson announced Twitter’s new team earlier today, revealing herself as the leader. She said that the team would focus on decentralized technologies that…

Another mainstream billionaire has added cryptocurrency to his portfolio. Tim Cook – CEO of Apple – recently confirmed that he owns at least one of the two top cryptocurrencies. Cook’s Personal Interest In Crypto In a recent interview with CNBC’s Andrew Sorkin, Cook was asked whether he owns Bitcoin or Ethereum. “I do”, he replied.  I think it’s reasonable to own it as part of a diversified portfolio… I’m not giving anyone investment advice by the way.” [caption id="" align="aligncenter"…