Cryptocurrencies

Cryptocurrencies Regain Momentum After a Turbulent Period

Retrieved on: 
Tuesday, August 3, 2021
Articles, Cryptocurrencies, Technology, Decentralization, Finance, Financial technology, Uberisation, Blockchain, Non-fungible token, CoinDesk, NASDAQ

A report by CoinDesk indicates that OpenSea, an NFT marketplace, saw record-breaking trading volume in the past two days.

Key Points: 
  • A report by CoinDesk indicates that OpenSea, an NFT marketplace, saw record-breaking trading volume in the past two days.
  • ISW Holdings Inc.(OTC: ISWH), Bitfarms Ltd. (NASDAQ: BITF), CleanSpark, Inc. (NASDAQ: CLSK), Riot Blockchain, Inc. (NASDAQ: RIOT), Bit Digital, Inc. (NASDAQ: BTBT)
    All this comes after a troublesome and volatile period of time for cryptocurrencies in recent months.
  • As a result, we are rebranding to ensure our image better aligns with our ongoing operations and long-term strategic goals.'
  • The name change reflects a corporate rebranding effort necessitated by this demonstrable commitment to blockchain infrastructure, cryptocurrency mining, and collaborative hosting.

Genesis partners with Algorand to expand digital currency lending market

Retrieved on: 
Tuesday, August 3, 2021
Cryptocurrencies, Articles, Algorand, Technology, Computing, Prime brokerage, Blockchain, Financial market

"We're excited to support the Algorand team and blockchain," said Matt Ballensweig, Head of Institutional Lending at Genesis.

Key Points: 
  • "We're excited to support the Algorand team and blockchain," said Matt Ballensweig, Head of Institutional Lending at Genesis.
  • "The growth and adoption of stable coins has played a big role in our business over the last year, and we see Algorand's technology as another tailwind to a fast-growing digital currency lending market.
  • Genesis will support borrowing and lending in ALGO and USDC on Algorand, and will also accept both assets as collateral against other loans."
  • Genesis Global Capital, LLC is part of the Genesis group, a full-service digital currency prime brokerage providing a single point of access for select qualified individuals and global institutional investors.

Welcome to Ekta--A Virtual and Physical On-Chain Blockchain Community

Retrieved on: 
Tuesday, August 3, 2021
Articles, Cryptocurrencies, Technology, Computing, Bitcoin, Blockchain, Decentralization, Non-fungible token, Ekta

BALI, Indonesia, Aug. 3, 2021 /PRNewswire/ --One of the first truly simultaneous on-chain and physical communities will soon launch its own blockchain mainnet through the arrival of the Ekta universe and its physical counterpart community.

Key Points: 
  • BALI, Indonesia, Aug. 3, 2021 /PRNewswire/ --One of the first truly simultaneous on-chain and physical communities will soon launch its own blockchain mainnet through the arrival of the Ekta universe and its physical counterpart community.
  • Ekta is one of the first blockchain projects to truly merge the physical world with the on-chain world.
  • In the ekta ecosystem, physical assets can be represented as digital analogues, through the launch of ekta's own self-developed NFT platform and marketplace.
  • Through a combination of blockchain and decentralized governance systems, ekta's core physical infrastructure will be built with the future of democratized access in mind.

Seattle-Based KaJ Labs Launches LITHO Token's Initial DEX Offering (IDO), Donates $5M Towards Ripple's Legal Defense Fund vs. SEC

Retrieved on: 
Tuesday, August 3, 2021
Cryptocurrencies, Payment systems, Money, Finance, Ripple, University of Cape Town

Litho's Initial DEX Offering will be available on two IDO platforms DxSale ,and Unicrypt beginning Aug. 9, 2021 at 12:00 UCT until Aug. 16, 2021.

Key Points: 
  • Litho's Initial DEX Offering will be available on two IDO platforms DxSale ,and Unicrypt beginning Aug. 9, 2021 at 12:00 UCT until Aug. 16, 2021.
  • The token's presale will represent 5 percent of the initial supply or 15,000,000 LITHO.
  • Once Lithosphere's mainnet launches, Litho tokens will be used for gas in the Lithosphere network.
  • KaJ Labs Foundation has a philosophy of social responsibility and will donate $5 million towards Ripple Labs' legal defense fund against charges filed by the SEC.

EY technology used to create non-fungible tokens for Italian movie scenes

Retrieved on: 
Tuesday, August 3, 2021
Cryptocurrencies, Articles, Blockchains, Technology, Non-fungible token, Ethereum, Ernst & Young, Kaspar Hauser, Decentralized finance, National Film and Television School

LONDON, Aug. 3, 2021 /PRNewswire/ -- EY today announced that the client CinTech, an Italian start-up operating in the blockchain industry, utilized EY technology to create unique digital assets known as non-fungible tokens (NFTs) for the 22 main scenes of an award-winning Italian film, La Leggenda Di Kaspar Hauser. 

Key Points: 
  • - NFTs created using EY OpsChain from an award-winning movie, La Leggenda Di Kaspar Hauser
    LONDON, Aug. 3, 2021 /PRNewswire/ --EY today announced that the client CinTech, an Italian start-up operating in the blockchain industry, utilized EY technology to createunique digital assets known as non-fungible tokens (NFTs) for the 22 main scenes of an award-winning Italian film, La Leggenda Di Kaspar Hauser.
  • EY teams worked with CinTech to design a disruptive business vision for the entertainment industry to help filmmakers reach new audiences and drive additional revenue streams.
  • EY teams supported the strategy and operations to define and create 62 NFTs using EY OpsChain, an EY blockchain as-a-service offering on blockchain.ey.com , in addition to supporting the planning of the sales process.
  • "This project takes advantage of EY OpsChain to create non-fungible tokens on the Ethereum blockchain a digital representation of each frame of the film.

EY technology used to create non-fungible tokens for Italian movie scenes

Retrieved on: 
Tuesday, August 3, 2021
Cryptocurrencies, Blockchains, Articles, Technology, Non-fungible token, Ethereum, Ernst & Young, Decentralized finance

LONDON, Aug. 3, 2021 /PRNewswire/ --EY today announced that the client CinTech, an Italian start-up operating in the blockchain industry, utilized EY technology to createunique digital assets known as non-fungible tokens (NFTs) for the 22 main scenes of an award-winning Italian film, La Leggenda Di Kaspar Hauser.

Key Points: 
  • LONDON, Aug. 3, 2021 /PRNewswire/ --EY today announced that the client CinTech, an Italian start-up operating in the blockchain industry, utilized EY technology to createunique digital assets known as non-fungible tokens (NFTs) for the 22 main scenes of an award-winning Italian film, La Leggenda Di Kaspar Hauser.
  • EY teams worked with CinTech to design a disruptive business vision for the entertainment industry to help filmmakers reach new audiences and drive additional revenue streams.
  • EY teams supported the strategy and operations to define and create 62 NFTs using EY OpsChain, an EY blockchain as-a-service offering on blockchain.ey.com , in addition to supporting the planning of the sales process.
  • "This project takes advantage of EY OpsChain to create non-fungible tokens on the Ethereum blockchain a digital representation of each frame of the film.

SportsYard to Launch ICO on August 7

Retrieved on: 
Tuesday, August 3, 2021
Cryptocurrencies, Articles, Technology, Blockchains, Concurrent computing, Decentralization, Cross-platform software, Sports betting, Wagering, Ethereum, Gambling

SAN DIEGO, Aug. 3, 2021 /PRNewswire/ -- SportsYard today announced its intent to launch its initial coin offering on August 7th 2021.

Key Points: 
  • SAN DIEGO, Aug. 3, 2021 /PRNewswire/ -- SportsYard today announced its intent to launch its initial coin offering on August 7th 2021.
  • SportsYard is an innovative, decentralized sports betting exchange that redefines the bettor experience through state-of-the-art, peer-to-peer betting opportunities utilizing the Ethereum blockchain.
  • SportsYard will launch the platform pending receipt of all necessary state gaming licenses and other authorizations.
  • SportsYard is a decentralized sports betting exchange that facilitates peer-to-peer betting on the outcome of a variety of real world sporting events.

DeFi Technologies Announces Shareholder Call to Discuss Upcoming Q2 2021 Financial Results

Retrieved on: 
Tuesday, August 3, 2021
Cryptocurrencies, Defi, Decentralized finance, OTC Markets Group

TORONTO, Aug. 3, 2021 /PRNewswire/ - DeFi Technologies Inc.(the "Company" or "DeFi Technologies") (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) today announces it will conduct a shareholder call on August 16, 2021 at 12:00 p.m. EST to discuss its strong financial performance for the three and six-month period ending June 30, 2021.

Key Points: 
  • TORONTO, Aug. 3, 2021 /PRNewswire/ - DeFi Technologies Inc.(the "Company" or "DeFi Technologies") (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) today announces it will conduct a shareholder call on August 16, 2021 at 12:00 p.m. EST to discuss its strong financial performance for the three and six-month period ending June 30, 2021.
  • The Company expects to release numbers related to the first half period of the year on August 13, 2021.
  • In addition, the Company intends to discuss its recent acquisitions and the corporate strategy for rapid and sustainable growth built on its current successes.
  • Wouter Witvoet, DeFi Technologies Chief Executive Officer stated, "The Company's rapid growth, intentions to uplist to the OTCQX, expansion of investments into DeFi projects, and additional acquisitions are difficult to explain in press releases.

LocalBitcoins Cuts Fees - Deposit fee 0€, transactions between users 0€

Retrieved on: 
Tuesday, August 3, 2021
Payment systems, Bitcoin, Digital currencies, Cryptocurrencies, Currency, Cryptography, LocalBitcoins, Legality of bitcoin by country or territory, Economics of bitcoin

This is in addition to offering free Bitcoin wallets and transactions between LocalBitcoins users.

Key Points: 
  • This is in addition to offering free Bitcoin wallets and transactions between LocalBitcoins users.
  • "LocalBitcoins offers a free Bitcoin wallet and free deposits and transactions between users .
  • Buying and selling Bitcoin on LocalBitcoins remains free, however LocalBitcoins charges a 1% fee from members who create advertisements.
  • "Requests for removing our deposit fee and clarifying our fee structure came from our loyal and trusted customers, and we delivered.

DGAP-News: WEG Bank AG: Breakthrough in tokenization of equity: WEG Bank AG issues new shares as 'Blockchain Listed Shares'. BaFin approves securities prospectus.

Retrieved on: 
Tuesday, August 3, 2021
Articles, Finance, Technology, Cryptocurrencies, Blockchain, Decentralization, Encodings, Federal Financial Supervisory Authority, ING Group

WEG Bank AG: Breakthrough in tokenization of equity: WEG Bank AG issues new shares as 'Blockchain Listed Shares'.

Key Points: 
  • WEG Bank AG: Breakthrough in tokenization of equity: WEG Bank AG issues new shares as 'Blockchain Listed Shares'.
  • The bank is the first company in history of the German financial industry to convert its share register completely to blockchain technology.
  • In addition, the bank has another reason to celebrate: BaFin has approved the bank's related securities prospectus for public fundraising.
  • TEN31 Bank has christened the idea of a DLT-based share register "Blockchain Listed Shares", short BLS.