Category: Blockchain

Blockchain Industry Workforce Grows 80% This Year, Study Shows

Blockchain technology is one of the trendiest developments in business, finance, and numerous other industries. Following the surge in popularity of cryptocurrencies, their entry to the public has produced new investment strategies and opportunities. There has been a surge in the number of people who have found employment in this burgeoning technological sector as a result of the increasing popularity of blockchain and cryptocurrencies. According to the conclusions of a survey conducted by the professional networking site Linkedin and the cryptocurrency trading app OKX, the number of individuals working in the blockchain sector “increased…

Applied Blockchain Refinances $15M Credit Facility from a North Dakota-based Bank

U.S. bitcoin mining company Applied Blockchain, Inc has announced that it has entered into a credit agreement with a North Dakota-based bank for a $15 million loan that will expand its crypto mining operations to take advantage of opportunities emerging in the current bear market. Applied Blockchain disclosed that the funds obtained will be used to repay its existing debt and provide additional liquidity to fund the construction of its data center. Wes Cummins, Chairman, and CEO of Applied Blockchain spoke about the latest developments: “The new credit facility…

What Bear Market? Canada’s Largest Blockchain Conference Beamed With Bullish Energy

“For the first time in a long time, people were inspired again,” said Greg Gopman, chief marketing officer of crypto infrastructure provider Ankr, who was at the event. “Maybe it was Vitalik showing up. Maybe it’s news of the Merge nearing reality. Or maybe it was just the beautiful indoor/outdoor venue during two perfect Toronto summer days – but for the first time in a while, things felt bullish again,” he said. Source link

Blockchain-Based Web 3.0 Platform Breaks Down Barriers for Creators

Everybody is talking about Web 3.0, but few can explain why it is so important for the digital economy of the future. Let’s dig into this matter using the content creator market as a case study. Currently, most content creators are trapped in Web 2.0 platforms that store their data on their own central servers. Consequently, these platforms essentially control this content and can arbitrarily decide whether to remove or demonetize it or block its creator completely. Furthermore, their search algorithms decide which content will be proposed to potential viewers,…

Gala is announcing a partnership with Stick Figure Productions to distribute Four Down on the Blockchain

Jackson, WY, USA, 11th August, 2022, Chainwire Gala, one of the leading innovators in blockchain gaming and music, has announced the launch of Gala Film. This new vertical from the world-leading Web3 company continues the brand’s commitment to providing fans with unique opportunities to enrich their experiences coupled with amazing programming and exciting projects. With this announcement Gala Film also shared they will partner with Oscar-nominated and Emmy Award Winning Stick Figure Productions to present FOUR DOWN, a feature-length documentary directed by award-winning filmmaker Steven Cantor based on the New York Times best-seller NOT WITHOUT…

Manilla Finance – The Next Big Thing in Blockchain, Almost Ready for Launch

The 21st century is described by many scholars as the Golden age, where every aspect of modern-day society is driven by technology. Distributed Ledger Technology, which many describe as the pioneer of the 22nd century, has provided an avenue where an economy can exist without the need for trust. As a result of the growing competition within the blockchain ecosystem, it has forced various exchanges in the space to innovate as their designs are now geared towards the users’ comfort and useability. The cryptocurrency market is known for its volatility…

Could Today’s CPI Data be Bullish? – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock  After Bitcoin slumped just under 5% on Tuesday, it hovers above $23,000 at time of writing, after Coinbase’s Q2 earnings were released. They reported a 63% decline in revenue in the second quarter, hence leading to a $1.1 billion loss from a year ago, despite its monthly customer rising from 8.8 million to 9 million. This demonstrates further how impactful the macroeconomy has been have been for many crypto exchanges during the past few months. Coinbase also predicted that over the…

Blockchain’s environmental impact and how it can be used for carbon removal

Climate change has become an important issue over the years due to concerns over environmental changes caused by the emission of greenhouse gasses into the atmosphere. Conversations have even reached the crypto space, and blockchain technology is being considered a potential tool to reduce carbon emissions. Cryptocurrencies like Bitcoin (BTC) and Ether (ETH) that use the proof-of-work (PoW) mining algorithm have come under scrutiny due to their alleged energy expenditure. To see where this scrutiny comes from, it first needs to be known how much energy is used when mining PoW…

Crypto Popularity to Spur Growth in Blockchain-Powered Banking, Financial Services

The surging use of cryptocurrencies is expected to enhance the development of blockchain in the banking and financial services market, according to The Business Research Company.  The report noted that the worldwide blockchain in banking and financial services market size is anticipated to hit $1.89 billion this year from $1.17 billion recorded in 2021.   As a result, recording a compound annual growth rate (CAGR) of 61.9%. The report added: “The blockchain in banking and financial services market is expected to reach $12.39 billion in 2026 at a CAGR…