Category: Blockchain

EarnBet.io Processed $1 Billion In Bets and Distributed Millions in User Rewards and Rakeback – Blockchain News, Opinion, TV and Jobs

Willemstad, Curaçao, February 13th, 2024, Chainwire EarnBet.io, an online crypto gambling platform today proudly announces that it has processed over $1 billion in bets and transferred millions of dollars in rewards and cashback to its users and token holders, showcasing its dedication to player satisfaction and innovation Since 2017, EarnBet has distinguished itself as a pioneering online betting platform, utilizing blockchain technology to offer unparalleled fairness, transparency, and player rewards. The introduction of several exclusive in-house games and an avant-garde wallet system has streamlined the deposit and withdrawal process for…

Bitcoin Price Soars as Net Inflow into BTC Spot ETFs Continues to Rise – Blockchain News, Opinion, TV and Jobs

The primary driver behind this price appreciation can be attributed to the increased inflow into BTC Spot ETFs. As anticipated in previous weeks, the outflow from the Grayscale Bitcoin ETF (GBTC) was expected to diminish after the initial couple of weeks of trading. This expectation materialized, with GBTC outflows showing a significant decrease in the final days of January and continuing to decline through February. The daily outflow from GBTC during the two initial weeks post-approval averaged around $500 million. However, in the past week, total outflows from GBTC amounted…

Can Blockchain Solve Healthcare? Nigeria Bets On The Technology To Curb Fake Drugs

Blockchain technology emerges as a potential robust solution to the persistent issue of counterfeit medicines in the pharmaceutical sector. According to Goldstein Market Intelligence’s forecast, the estimated impact of counterfeit medicines is a staggering $5.3 billion this year. Despite these challenges, industry experts express optimism about the transformative impact of blockchain technology in addressing this pressing concern. Is Blockchain The Solution To Counter Fake Drugs? In a recent interview with Sunday PUNCH, Oluseyi Akindeinde, the CEO of Hyperspace Technologies, highlighted the potential of blockchain in safeguarding the pharmaceutical sector. Akindeinde…

ADGM Partners with Solana (SOL) Foundation to Boost Blockchain Innovation

Abu Dhabi Global Market (ADGM) has partnered with the Solana Foundation to advance distributed ledger technology (DLT) within its regulatory framework, marking a significant step in fostering blockchain innovation in the region. Abu Dhabi Global Market (ADGM) has entered into a strategic partnership with the Solana Foundation, aimed at enhancing the development of Distributed Ledger Technology (DLT) within ADGM’s regulatory framework. This collaboration is part of ADGM’s broader initiative to become a leading hub for technology-driven financial services. The DLT Foundations Regulations, introduced by ADGM, are heralded as the world’s…

Worldwide Digital Asset-Based Exchange Traded Products AUM Rose 5% in Jan. as BTC Spot ETFs Approved – Blockchain News, Opinion, TV and Jobs

Please see below the most recent research on crypto ETPs from publicly listed digital asset and fintech investment business Fineqia (CSE:FNQ). Fineqia International, a leading digital asset and fintech investment business, announces that its analysis of global Exchange-Traded Products (ETPs) with digital assets as underlying collateral, revealed a 5% growth in total crypto Assets Under Management (AUM) in January, to $52.0 billion from $49.5 billion. During the same month, the market value of crypto assets decreased 2.7%, to about $1.73 trillion from $1.77 trillion. The difference between the growth in AUM of crypto ETPs and the…

Bitcoin Dogs Set To Make History With First Ever ICO on Bitcoin Blockchain – Blockchain News, Opinion, TV and Jobs

London, United Kingdom, February 9th, 2024, Chainwire Bitcoin Dogs is set to be part of cryptocurrency history with the first ever ICO on the Bitcoin blockchain, launching on February 14th, 2024. The presale for its native token, $0DOG, will last only 30 days, with an end date of the 15th March 2024, when it will become available for trading. Accompanying the $0DOG coin will be an immersive metaverse GameFi experience and NFT collection, both available exclusively to token holders.  The sale will start with stage 1, priced at $0.015 per…

Coinbase-Backed DeSo SocialFi App Focus Raises $75 Million in One Week – Blockchain News, Opinion, TV and Jobs

Los Angeles, California, February 7th, 2024, Chainwire Key Takeaways Focus, the revolutionary new decentralized SocialFi app, raised $75 million in one week Focus rivals subscription platforms like OnlyFans and Patreon, a multi-billion-dollar industry Users can reserve with DESO, BTC, ETH, and more to earn a 90% bonus in $FOCUS tokens for a limited time Focus, a new decentralized SocialFi app built on the DeSo blockchain, has made waves in the crypto industry by amassing over $75 million in token reservations within its first week of launch. This unprecedented achievement not…

Ondo Finance Brings Real-World Assets and Yield-Bearing Stablecoin-Alternative, USDY, to Sui – Blockchain News, Opinion, TV and Jobs

Grand Cayman, Cayman Islands, February 7th, 2024, Chainwire Ondo’s Sui upcoming integration will bring native access to new tokenized assets such as treasuries, securities, and stablecoins on chain Sui, the Layer 1 blockchain which has experienced explosive growth since its inception eight months ago, today announced that Ondo Finance is expanding into the Sui ecosystem. The expansion will bring Sui Network’s first native dollar-denominated token (including stablecoins and interest-bearing stablecoin substitutes) in the form of Ondo USD Yield or “USDY” — a US treasury-backed and interest-bearing token issued by Ondo. …

Skyline Digital makes TradFi accessible on Web3 – Blockchain News, Opinion, TV and Jobs

Zug, Switzerland, February 7th, 2024, Chainwire The Swiss-based platform Skyline Digital empowers underbanked Web3 Businesses, Founders, and DAOs to access third-party fiat payments, OTC trades, tokenized real-world assets, vIBANs, and on/off-ramping. Web3 Businesses, DAOs, and High Net Worth Individuals find themselves underserved by traditional banks, while custodial and centralized crypto exchanges pose risks and unreliability. Skyline Digital has made it a mission to solve these issues at the core of Web3 business with its non-custodial platform, providing access to TradFi services directly from any wallet.  Switzerland is the crypto-friendly home…

Solana Recovery: Blockchain Restored Within 5 Hours After Shutdown

During the early hours of Tuesday, Solana (SOL) encountered a significant outage, adding to the growing list of incidents it has faced in the past 24 months.  As reported by our sister website NewsBTC, the mainnet-beta of Solana experienced a nearly 5-hour disruption, which raised concerns within the cryptocurrency community.  The incident was initially detected when block explorers Solscan and OKLink indicated a lack of new transactions on the network. The ongoing disruption prompted South Korean crypto exchange Upbit to suspend deposits and withdrawals for SOL and several other tokens.…