Month: August 2023

Blockchain IOT firm Nodle goes open source with Web3 bluetooth ‘nanocomputer’ sticker

Decentralized network provider Nodle has launched a bluetooth hardware sticker that is aimed at increasing Internet-of-Things (IoT) connectivity for a variety of industrial use cases. The firm announced that it will open source it’s Nodle NanoComputer (N1), which features a Hardware Security Module (HSM) that enables a range of bluetooth operations. The N1 can be attached to any variety of items, with use cases ranging from logistics to track and trace applications. An artist’s impression of the Nodle Nancomputer N1 bluetooth chip. Speaking exclusively to Cointelegraph, Nodle co-founder Garrett Kinsman said the…

Coinbase CEO hints at Bitcoin lightning network integration

boss

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase is considering integrating Bitcoin’s Lightning Network to facilitate quicker crypto payments. The exchange’s CEO, Brian Armstrong, hinted at it in response to a tweet by Jack Dorsey. The Twitter co-founder, in his turn, questioned Coinbase’s approach toward Bitcoin (BTC) and Lightning Network adoption. We’re looking into how to best add Lightning. It’s non-trivial, but I think worth doing. I’m all for payments taking off in Bitcoin. Not sure why you think we’re ignoring Bitcoin – we’ve…

Is Shibarium The Key To A Trend Reversal?

boss

In recent weeks, the meme coin Shiba Inu (SHIB) has shown signs of recuperation, gradually recovering from its yearly low of $0.00000597, reached on June 10. SHIB was following the pawprints of its rival, Dogecoin (DOGE), which recently garnered momentum following a profile update from Elon Musk. As the value of SHIB began to move upward, anticipation around the forthcoming release of Shibarium, a layer 2 solution, also began to ripple through the investor community. The announcement that Shibarium will be unveiled at the Blockchain Futurist Conference held from August…

ICP-based blockchain chat app launches ‘Communities’ to compete with Discord

Blockchain chat app OpenChat has enabled users to create Discord-like servers called “Communities,” according to an Aug. 2 announcement. Early UX prototype for OpenChat Communities. Source: OpenChat OpenChat is a blockchain-based chat app running on the Internet Computer (ICP) network. It facilitates mostly crypto-oriented chat groups, including some with a few thousand members. LootMoneyArmy (3,201 members), Magnetic (2,703 members) and DFinityVN (2,597 members) are some examples of OpenChat groups. The app’s development team first announced the Communities feature in February. At the time, they observed that users were employing OpenChat…

What do crypto exchanges really do with your money? – Cointelegraph Magazine

boss

So, you’ve deposited some cryptocurrency onto an exchange. You expect that these funds will be held in your name as a liability, with safeguards in place to make sure that you can withdraw them when you wish. However, this is not necessarily the case. Sitting down with Magazine, Simon Dixon, CEO of global online investment platform BnkToTheFuture, warns that the murky lines between regulations in the crypto industry mean that customers must be extremely cautious about where they stash their crypto. “[The cryptocurrency industry] was created by businesses that want…

Worldcoin to allow government and businesses to use ID system: Report

boss

Worldcoin plans to expand its operations to allow governments and businesses to utilize its iris-scanning and identity-verifying technology in an effort to sign up more users, according to a Reuters report. According to the report, Ricardo Macieira, the general manager for Europe at Tools For Humanity — which is behind the Worldcoin project — said that the company is on a mission of “building the biggest financial and identity community” possible. “The idea is that as we build this infrastructure and that we allow other third parties to use the…

Curve Finance’s CRV Gets Plunge Protection on Binance

“Market makers tend to pull orders to avoid getting caught in an unfavorable price swing,” Medalie told CoinDesk. “That is why liquidity disappeared on order books during big market events, such as the March banking crisis or FTX collapse,” she continued. “Right after the Curve exploit, we saw the opposite trend, with liquidity being added to the CRV order books, specifically on the bid side.” Source

Exploring the future of AI: The power of decentralization

boss

The field of artificial intelligence (AI) is taking the world by storm, but many people have found themselves looking up at the sky, wondering where all the rain came from.  Those who didn’t realize the place AI already has held in our everyday lives are having a hard time understanding what further advancements mean for society as a whole. Wrapping your head around the technology itself is a challenge for most, but it gets even more complicated when broken down. No longer are people just using the umbrella term artificial…

Here’s The Total Number Of XRP That Ripple Currently Holds

Ripple Labs Inc., the company behind the XRP token, has released its Q2 XRP Markets report. As part of the report, the company shared its XRP holdings as of March 31, 2023, and June 30, 2023.  Ripple’s XRP Holdings Ripple revealed that its XRP holdings fall into two categories; wallet-held XRPs and ones in escrow lockups (Ripple releases one billion XRP monthly as part of its monthly token unlock). As of March 31, 2023 (representing the first quarter of the year), Ripple held  5,506,585,918 XRP and a further 42,800,000,013 XRP…