Month: September 2022

With $2․4M Fundraising in Seed Round, KNN3 Network Races to Provide a Multi-Chain Relationship Aggregating Protocol for d/App and Smart Contract – Press release Bitcoin News

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press release PRESS RELEASE. Web3 relationship aggregator KNN3 Network announced it had raised $2.4M in a seed round led by HashGlobal and Liang Xinjun, former co-founder of Fosun International. Mask Network, MetaWeb Venture, Eniac Venture, Tess Venture, Stratified Capital, Fundamental lab, Incuba Alpha, Zeuth Venture, Cogitent Venture, Atlas Capital; Impossible Finance, RSS3, ShowMe and Yan Xin & Potter Li, ETHsign’s co-founders also took part in the round. KNN3 Network will utilize the $2.4M funding for protocol development and product market-fit. From these struggles and pains on data isolation and cross-platform…

The trick to onboarding UK merchants into BTC

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“Do you accept Bitcoin? Would you ike to?” These questions echoed around the streets of Reading, near London, United Kingdom, over a hard day’s graft for two British Bitcoin (BTC) advocates.  James Dewar, founding partner of Bridge2Bitcoin, and MSW, a business developer for CoinCorner, took to the streets of Reading in a marathon mission of merchant adoption. In just six hours, they spoke to 63 shops, cafés and restaurants, hoping to persuade them to accept BTC. Armed with flyers, sales experience and oodles of enthusiasm for the world’s largest cryptocurrency,…

Japanese gov’t issues NFTs to reward local authorities’ work

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The Japanese government has become one of the first to issue nonfungible tokens (NFTs) as a form of supplementary rewards to recognize the work of local authorities who have excelled at using digital technology to solve local challenges. The awards were handed out by the cabinet secretariat, a government agency that is headed by the nation’s chief cabinet secretary Hirokazu Matsuno during the “Summer Digi Denkoshien 2022” ceremony. The event was also attended by the country’s prime minister Fumio Kishida, reported Coinpost. Seven mayors received recognition for their cities’ ideas…

8 Best Crypto on Reddit to Buy and Explore in 2022

When it comes to investing, looking for the best crypto to buy right now Reddit can be a solid strategy. Throughout this guide, we’ll take a look at eight of the best crypto to buy right now Reddit and provide a guide detailing how to purchase our top choice. Let’s begin. Best Crypto on Reddit to Buy – Our Picks Each of the projects below has been chosen as it offers utility and plenty of upside potential. Tamadoge – Overall Best Crypto on Reddit Battle Infinity – P2E Gaming Ecosystem…

Lesson learned? Sky Mavis teams up with Google Cloud to avoid another Ronin hack

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While some are unable to recover from hacking incidents and have to throw in the towel, others are able to pick up the pieces, learn from their shortcomings and go at it for another round.  In an announcement sent to Cointelegraph, Axie Infinity creators Sky Mavis said that it had teamed up with Google Cloud to tighten the security of the Ronin blockchain network and pursue its vision of building a rewarding gaming universe.  With the multi-year collaboration, Google Cloud will be an independent enterprise validator for Ronin in a…

Bitcoin squeezes past $20K on US dollar dip as BTC price gains 8.7%

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Bitcoin (BTC) bounced past $20,000 on Sept. 9 as a much-anticipated “short squeeze” took hold. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: BTC could go to $25,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD adding as much as $2,700 (8.7%) in hours on the day, reaching its highest since Aug. 26. After weeks of ranging punctuated with successive moves to the downside, Bitcoin thus finally gave bulls what they wanted. For popular trading Twitter account Il Capo of Crypto, the upside still had potential to continue at…

Ethereum Merge can trigger high volatility, BitMEX CEO warns

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The Ethereum Merge is one of the most anticipated events in the crypto space this year. Because of this, crypto firms are on the lookout for any hiccups that may occur as the newly upgraded Ethereum network comes to life.  In a Cointelegraph interview, Alexander Höptner, the CEO of crypto exchange BitMEX, shared how their trading platform is preparing for the Merge, talked about the potential of institutional adoption after the transition to proof-of-stake (PoS) and gave his thoughts on Bitcoin (BTC) and Ether (ETH).  According to Höptner, apart from…

Bitcoin Miner CleanSpark to Buy Mawson’s Georgia Mining Facility, Rigs for Up to $42.5M

“The [Sandersville] site is nothing but impressive — well-run by over 20 dedicated professionals who have taken significant pride in the design, development, and maintenance of the site,” said CleanSpark CEO Zachary Bradford in the statement. “We are enthusiastic about Georgia and believe that our expansion there will continue to build value for our shareholders and the communities we operate in throughout Georgia,” he added. Source