Category: Blockchain

dotmoovs’ MOOV.CLUB Launches NFT Sneakers for Tik-Tok Dance Battles – Blockchain News, Opinion, TV and Jobs

Move2earn app dotmoovs, an AI-powered app that rewards its users interacting and getting active, has launched an NFT sneaker collection that rewards Tik-Tokers, hip-hoppers, movers, and shakers. 4,444 SNKRS have been released as NFTs under the MOOV.CLUB brand, powered by dotmooovs’ social-fi and metaverse technology. Move2earn is the fastest growing crypto vertical and dotmoovs taps directly into it, enabling SNKR wearers to participate in epic Tik-Tok dance-offs and earn crypto prizes for their fancy footwork. Armed with the dotmoovs app, participants simply require their smartphone camera and a SNKR NFT…

Analysis: Here is What the New Crypto Bill Mean for the Blockchain Ecosystem?

Proponents of the cryptocurrency industry have been requesting a comprehensive crypto bill for some time. Thanks to the bipartisan efforts of Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), there are proposals on the ground for lawmakers to ponder. The new Crypto Bill is coming at a time when the growth of the cryptocurrency ecosystem is becoming more convoluted, with investors’ protection concerns emanating from various scams and frauds targeting the average investor. The Bill seeks to address so many of the grey areas in the digital currency ecosystem, including…

Chainlink brings Keepers and VRF to the Avalanche blockchain

Blockchain oracle platform Chainlink (LINK) launched two of its services, Chainlink Keepers and Chainlink Verifiable Random Function (VRF) and integrated them into the Avalanche Primary Network, a special subnet within the Avalanche (AVAX) platform. In the announcement sent to Cointelegraph on Thursday, the Chainlink team highlighted that the integration with Avalanche is done to support developers within the platform. Chainlink Keepers will enable developers to automate smart contract functions in a decentralized manner. On the other hand, Chainlink VRF will provide a random number generator (RNG) that can be used…

UFC Taps VeChain as First Official Layer 1 Blockchain Partner

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Tether deploys new USDT token on the Tezos blockchain

Leading cryptocurrency stablecoin Tether has announced the launch of a new asset, Tether (USDT) tokens built on the Tezos blockchain, and with the ambition of expanding their digital footprint across the digital payments and decentralized finance (DeFi) sector. According to the press release, “USDT on Tezos will power revolutionary applications across payments, DeFi, and more.” In conversation with a Tether representative, greater context was provided as to the intended utility of Tether tokens: “Tether tokens are not an investment but a utility for engaging in internet commerce, combating volatility, and providing…

Blockchain Technology in the Healthcare Market Expected to Contribute $121Bn by 2030

The mounting need to tackle data breaches and information leaks is expected to thrust blockchain technology in the healthcare market to a compound annual growth rate (CAGR) of 68.3% between 2022 and 2030, according to a study by Market Research Future (MRFR). Blockchain in the healthcare industry is speculated to hit $121 billion by 2030 due to the escalating urge for effective health data management systems. Per the report: “Rapidly increasing cases of different diseases have led to the development of massive amounts of data, which augments the need…

‘Father’ of the Metaverse Neal Stephenson launching Metaverse blockchain

Neal Stephenson, the author who coined the term “Metaverse” 30 years ago is launching a Metaverse-focused blockchain project called LAMINA1. He has also revised his vision for the Metaverse stating the experience is likely to be geared more toward flat 2D screens and rather than virtual reality or augmented reality tech such as headsets and lenses, as in the model posited by Meta and Microsoft. Stephenson is a popular speculative fiction author who explored the concept of a virtual reality world called the Metaverse in his sci-fi novel Snow Crash…

Why are Bitcoin Miners Capitulating? – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin yet again failed to sustain its rally over $30,000 yesterday, as it was harshly rejected by the key $31,500 level. This level is critical to overcome for Bitcoin to rally towards $35,000. Some on-chain metrics suggest that the bottom may not be in sight yet and there could be more selling pressure. This is shown by data from Glassnode, specifically the net unrealised profit/loss (NUPL), which is a measure of the overall unrealized profit and loss of the network as…

Chainalysis exec touts blockchain analysis to Senate homeland security committee

The collection and processing of information was a major theme at the United States Senate Committee on Homeland Security and Governmental Affairs (HSGAC) hearing titled, “Rising Threats: Ransomware Attacks and Ransom Payments Enabled by Cryptocurrency” on Tuesday. The committee hosted a panel of private-sector experts who discussed the problem of ransomware attacks and the challenges of collecting and using the information necessary to fight them.  Committee chair Gary Peters of Michigan, who introduced the Strengthening American Cybersecurity Act in February, said the government lacks sufficient data even to understand the…

The future of blockchain-based identity

The attention, one might suspect, has much to do with the participation of Buterin, blockchain’s wunderkind and the legendary co-founder of the Ethereum network. But it could also be a function of the paper’s ambition and scope, which includes asking questions like: What sort of society do we really want to live in? One that is finance-based or trust-based? The authors illustrate how “non-transferable ‘soulbound’ tokens (SBTs) representing the commitments, credentials and affiliations of ‘Souls’ can encode the trust networks of the real economy to establish provenance and reputation.” These…