Day: October 13, 2022

Government of Dominica Enters Into Agreement With TRON, Set to Issue Fan Token Named Dominica Coin – Sponsored Bitcoin News

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sponsored Dominica is a sovereign island nation in the Caribbean Sea, known as the “Nature Island of the Caribbean” because of its outstanding natural beauty. Following the signing of a new agreement with TRON, the country is now set to embrace blockchain technology and provide a model for integrating small nations into the global economy of the future. TRON to Issue Dominica Coin (DMC) Fan Token Following the passage of Virtual Asset Business legislation in May 2022, the Government of Dominica announced on Friday, October 7, 2022, that it had…

UK gov’t introduces bill to digitize trade documents — potentially traced using blockchain

Members of the United Kingdom’s House of Lords have introduced legislation aimed at eliminating the need for paper trade documents, increasing the likelihood of using blockchain technology to trace records. In an Oct. 12 announcement, MP Michelle Donelan and the U.K. Department for Digital, Culture, Media and Sport said the Electronic Trade Documents Bill had been introduced in the country’s Parliament. The legislation proposed removing “needless paperwork and bureaucracy” by making digital documentation legally recognized for trade. “Electronic trade documents also increase security and compliance by making it easier to…

Polygon Draws Strength From Gaming Space

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Games use thousands of polygons to run well. As for the blockchain gaming community, they’re now using Polygon. Sandeep Nailwal, co-founder of Polygon, recently tweeted evidence of the company’s leadership in the blockchain gaming industry. “Just look at the growth of gaming users on @0xPolygon. Growth is “ORDERS OF MAGNITUDE” bigger than any other chain ecosystem! And now #zkEVM! Lets keep building lads! Onwards!” Nailwal tweeted. As of earlier this month, Polygon has also released its zkEVM upgrade, which is beneficial to the ETH and MATIC communities. Polygon revealed this…

Samsung Electronics to Secure its Smart Gadgets With Blockchain-Based Solution

Multinational tech giant, Samsung Electronics has unveiled its plans to protect its connected devices using a Samsung Knox Matrix solution. As announced by the firm, the official unveiling of the advanced security solution which is based on blockchain technology will be revealed at this year’s Samsung Developer Conference (SDC).   With people doing more work, and getting more entertainment online through connected devices including smartphones, smartwatches, and the like, the risk of threat is becoming higher. Should one of the connected devices suffer a vulnerability no matter how small, other…

SHIB, SOL Fall to 4-Month Lows, US Inflation Higher Than Expected – Market Updates Bitcoin News

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Shiba inu fell to a four-month low on Thursday, as consumer prices in the United States rose by more than expected. U.S. inflation came in at 8.2% in September, which is higher than the 8.1% consensus expectation. Solana was in the red as well, as the token also hit a multi-month low. Shiba Inu (SHIB) Shiba inu (SHIB) dropped to a four-month low on Thursday, as markets reacted to the latest U.S. inflation report. Consumer prices climbed to 8.2% year-on-year in September, which is higher than expectations of 8.1%. As…

Crypto Startup Fabric Systems Raises $13M Seed Round to Provide Blockchain Hardware

However, bitcoin mining chip making is no easy task as the market is mostly controlled by large manufacturers like Bitmain and MicroBT. While there have been many false promises of competition, there have been some recent successes. Intel, for instance, has entered the bitcoin mining market, to help provide miners with more efficient and ESG friendly mining chips to compete with the incumbents. Source link

CPI Crushes Bitcoin Price Down To $17,900, New Lows Imminent?

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Bitcoin lost support at $18,600 and trended lower close to its yearly bottom at $17,900. The cryptocurrency managed to stop the bleeding at these levels, but the general sentiment in the markets seems to have flipped from dubious to fearful. At the time of writing, Bitcoin was trading at $18,300 with a 4% loss in the last 24 hours and a 9% loss in the past week, but it has been rebounding over the past hour. Other major cryptocurrencies followed BTC’s price into the abyss and are recording massive losses…