In times of fear of a WWIII, inflation, recession and energy shortage most of the investment instruments suffer substantial losses. Stocks, gold and mostly cryptocurrencies are greatly affected by the troublesome atmosphere around the world. With Ether down approximately 64% year-to-date, followed by Bitcoin down approximately 58% year-to-date, BestBrokers analyst team decided to look into blockchain transaction data and find out how this drop affects crypto users in actuality. The raw data, queried from Dune Analytics clearly shows a great increase in interest in Ether as the number of active Ethereum users…
Category: Blockchain
Reversible blockchain transactions would improve cryptocurrency
A proposal out of Stanford University to make crypto transactions reversible is adding a wrinkle to discussions of crime and fraud prevention. Researchers suggested that mutability — the ability to reverse blockchain transactions — would help prevent crime. One of the advantages of cryptocurrency is that it is possible for the market — individuals, traders and banks — to decide if reversibility is wanted. Not only would a new (reversible) cryptocurrency be able to test the acceptance or desire for reversible transactions, it would help to test the idea that…
Abu Dhabi to Host Inaugural Middle East Blockchain Awards
Dubai, United Arab Emirates, 5th October, 2022, Chainwire The first edition of the Middle East Blockchain Awards will be held in Abu Dhabi in November 2022, to recognise and reward outstanding efforts within the fields of blockchain and Web 3.0 innovations. Hoko Agency Middle East will host the Awards, in association with Abu Dhabi Global Market’s flagship platform, Abu Dhabi Finance Week; and the Middle East, Africa and Asia Crypto and Blockchain Association (MEAACBA). Frontrunners in the industry will be recognised through the Middle East Blockchain Awards (MEBA), with…
Next generation mainnet project NvirWorld signs MOU with “high-performance” blockchain Solana
Singapore, singapore, 5th October, 2022, Chainwire NvirWorld, a blockchain company with platforms such as NFT marketplace Nvir Market and decentralized finance (DeFi) service N-Hub, announced the MOU with the Solana Foundation. NvirWorld signed an MOU with the Solana Foundation on September 23, agreed on long-term strategic cooperation aimed to support and promote the development of NvirWorld’s projects built on the Solana blockchain. Solana is known as one of the fastest blockchains in the world and is considered a strong competitor to Ethereum, which has the 2nd largest market capitalization in…
Hedge Fund Two Sigma to Provide Data to Blockchain Information Network Chainlink
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DelMonte Adopts Blockchain-Powered Traceability Solutions for Quality Assurance
Fresh Del Monte Produce has invested in Jordanian and UK-based startup Decapolis for blockchain-enabled traceability solutions to facilitate innovative and best-in-class solutions for its products and services. Del Monte, a leading vertically integrated producer, distributor, and marketer of fresh and fresh-cut fruits and vegetables, invested a 39% stake in Decapolis with plans underway to roll out a blockchain-powered traceability solution dubbed Decapolis Food Guard (DFG). Mohammad Abu-Ghazaleh, Fresh Del Monte CEO and chairman noted: “Now more than ever, consumers are very cognizant of what goes into their food. With…
Token Waves School Approaches Blockchain Technology with Its Free Course in 20 Languages
Education and blockchain – two worlds that seem as though they have nothing in common, are being brought together in the form of Waves School, built on the Waves blockchain. Waves School is tackling the high barriers of entry into higher education as well as into the crypto world, through the launch of their one of a kind training academy. Worldwide statistics show that out of the global population that has access to the internet, only 3% of people own some sort of cryptocurrency, whereas 1% can be considered as…
EU Policymakers Vote for Blockchain Use to Fight Tax Evasion, Crypto Asset Non-Taxation
On Tuesday, the members of the European Parliament (MEPs) voted in favour of a resolution that calls for the use of blockchain technology to fight tax evasion and urges member states to coordinate more on the taxing of crypto assets. The resolution, drafted by Lídia Pereira (a member of the European Parliament), was adopted in Parliament’s plenary session on Tuesday with 566 votes in favour, 7 votes against, and 47 abstentions. The resolution sets out a framework through which both EU regulators and the member states can achieve the goals…
Can Increased Odds of a Recession Cause Crypto to Rise? – Blockchain News, Opinion, TV and Jobs
By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). After a painful week for the stock market in the U.S., the S&P 500 had its best day since July, growing by 2.59%. S&P 500 futures are also up over 1.8%. This has led Bitcoin to rise over 4% overnight. This rise in the stock market was a result of weak manufacturing data that came in yesterday. The U.S. September manufacturing ISM was weaker than the expected 52 and dropped by 1.9pts to 50.9. Furthermore, employment & new orders fell…
DeSo is Elon Musk and Jack Dorsey’s Answer for Decentralized Social Blockchain
Los Angeles, CA, 3rd October, 2022, Chainwire Takeaways: Jack Dorsey and Elon Musk’s Messages call for a decentralized social media blockchain: DeSo could be the answer. Sam Bankman-Fried, Founder of FTX crypto exchange, also had a conversation about buying Twitter or creating a blockchain-based social network The DeSo Foundation just released its roadmap to decentralize social media The DeSo Foundation announces the release of their ambitious roadmap to decentralize social media and build The Social Layer of Web3. Milestones on the roadmap will be executed over the next…