Parachains are distinct blockchains that run atop the main Polkadot blockchain. Polkadot, however, has a limited number of slots that can support such parachains, meaning winning slots are subject to a community-run auction that uses DOT to vote for slots, leading to increased demand for the cryptocurrency. Original
Day: December 27, 2021
Cardano, Polkadot Jump as Bitcoin Holds Above $50K
Parachains are distinct blockchains that run atop the main Polkadot blockchain. Polkadot, however, has a limited number of slots that can support such parachains, meaning winning slots are subject to a community-run auction that uses DOT to vote for slots, leading to increased demand for the cryptocurrency. Original
Binance gets green light from Canada and Bahrain
Binance is celebrating the new year with approvals from two different sides of the world. The crypto exchange has been granted an in-principle license by the Central Bank of Bahrain to operate as a crypto asset service provider in the Kingdom of Bahrain. According to the announcement, the in-principle approval a first for a Binance entity in the Middle East and North Africa region. In a statement, Binance CEO CZ said that approval from national regulators is “essential to build trust in crypto and blockchain and help further improve mass…
Taiko to Release NFT Mystery Boxes on Binance NFT Marketplace, Featuring Internet Sensation Celebrity Cats for a Good Cause
The NFC-NEKO collection will launch on the world’s largest curated NFT Marketplace – Binance NFT. Taiko NFT is pleased to announce it will soon release Non-Fungible Cat NEKO (NFC-NEKO), the first-ever collection of NFT mystery boxes that feature real-life celebrity cats. The collection will feature household feline names that have shaped the internet and pop culture, including Grumpy Cat, Smudge Lord, Coffee, Coby the Cat, as well as Izzy and Zoë. NFC-NEKO’s launch will take place on Binance NFT Marketplace on January 7, 2022, 11:00 AM UTC. As part of the…
CABO CAPITAL Announces $8 Million Web 3 Fund
Launched in 2008, digital assets and tokens have become an important part in the global financial market. In the development of digital technology and decentralized systems, many blockchain-related projects were formed along with a series of financial companies and investment funds, forming an increasingly strong and sustainable ecosystem. Among the investment funds present in the digital financial market, CABO CAPITAL is an emerging force. Founded by an expert with great knowledge of the stock market and crypto, CABO CAPITAL demonstrates the ability to appraise and support potential projects in many…
Cardano Founder Charles Hoskinson Lays Out 2022 Plans
Public DeFi applications are absent on Cardano in December 2021, but that’s not deterring Hoskinson from visualizing widespread activity on the network in 2022. “A real person in Kenya or somewhere with a blockchain-based identity and credit score, stablecoin on the other side, Cardano is the settlement rail,” he said. Source
Colombian Real Estate Platform Allows Users to Acquire Property With Bitcoin – Bitcoin News
A Colombian real estate platform is now allowing users to purchase properties with Bitcoin. The platform, called La Haus, is promoting bitcoin payments for a new real estate project in Santa Marta, called Natura City. This is an expansion of the platform, which has already established such a service in Mexico. La Haus to Allow Colombian Citizens to Buy Real Estate With Bitcoin A Colombian real estate platform, La Haus, is enabling bitcoin investors to buy real estate with the cryptocurrency directly. To kickstart this initiative in the…
Ertha Metaverse Raises $5.4M
Ertha Metaverse, currently the most notable Metaverse and Play-to-Earn projects in BSC blockchain gaming, announced its list of key investors. They include the world-renowned: LD Capital Polygon Syndicate OKEx Blockdream Ventures Shima Capital GD10 Genblock Capital Dialectic Momentum 6 X21 Terranova AU21 Zen Capital & Many others. All have been instrumental to the continued success of the project. Xi – Partner of LD Capital, the leading investor of Ertha provided insights about the project: “We have no hesitation to invest in Ertha after the first call with Ertha team. They…
Iran halts authorized crypto mining to save energy for winter
Amid Iran’s energy consumption increasing during the winter, local energy authorities have decided to halt operations of authorized cryptocurrency mining centers. Mostafa Rajabi Mashhadi, chairman of the board and managing director of Iran Grid Management Company (Tavanir), announced that Iran is shutting down crypto mining centers again to reduce liquid fuel consumption in power plants amid decreasing temperatures. Mashhadi said that Iranian authorities took this action to reduce energy consumption last month, The Islamic Republic of Iran Broadcasting (IRIB) reported on Dec. 25. “The Energy Ministry has been implementing measures…
Binance Gains Bahrain Approval to Become Crypto Asset Service Provider, Registers in Canada
Bahrain has become the first Middle East-North Africa country to give Binance approval in principle to establish itself as a crypto-asset service provider. Binance, the world’s leading cryptocurrency exchanges by trading volume, still has to complete the full application process to acquire a license from the Central Bank of Bahrain. The company said in a press release it expects to complete the process in due course. It also registered Binance Canada Capital Markets with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), the country’s anti-money laundering and anti-terrorism…