Solana gets $40 million jumpstart for dApps and marketing

Solana gets $40 million seed funding for dApps and marketing

Good news for friends of cultivated competition: With Solana, one of the many supposed Ethereum killers has received a hefty financial injection for its ecosystem.

DeFi is both a curse and a blessing for Ethereum: on the one hand, the numerous, sometimes more, sometimes less innovative DeFi projects show that there is no need for a middleman to process complex transactions. On the other hand, the cascading smart contracts of Immediate Bitcoin decentralised finance exacerbate the scaling problems of the industry leader. No wonder, then, that out of the tangle of now over 6,500 cryptocurrencies, more and more projects are emerging that would like nothing better than to knock ETH off its throne. The high-speed blockchain Solana is also one of the potential “Ethereum killers”.

DeFi on Solana: OKEx and MXC give financial injection

Now Solana has received financially powerful support from Southeast Asia. Under a new strategic partnership with the Solana Foundation, bitcoin exchanges OKEx and MXC will contribute USD 40 million to expand the Solana ecosystem. This is reported by the crypto portal Coindesk, citing a previously unpublished press release. OKEx is feeding the fund from its “Block Dream Fund”. The fund, founded by OKEx at the end of February, is dedicated to promoting scaling solutions for Ethereum and other blockchains.

MXC, on the other hand, invests directly in a funding fund for Solana:

MXC’s investments within the Solana ecosystem are focused on expanding [NFT] support and product-centric projects that build on Solana. Our fund looks for projects that develop technology-focused solutions in DeFi and other emerging areas

MXC vice president Katherine Deng tells Coindesk.

SOL share price remains unimpressed

Meanwhile, the announced cash injection has not managed to lead the SOL share price out of bearish territory. At the time of going to press, SOL is trading at USD 12.79. This means that SOL has lost 13.7 percentage points compared to the previous day. However, Solana only set an all-time high of USD 18.12 at the end of February; just under a year ago, SOL was worth less than one US dollar.

Questa altcoin a bassa capitalizzazione sconvolgerà

Questa altcoin a bassa capitalizzazione sconvolgerà il gioco e diventerà il top asset Crypto del 2021, secondo il trader

Il trader di criptovalute e YouTuber Ben Armstrong sta rivelando un’altcoin a bassa capitalizzazione che dice che scuoterà l’industria del gioco e diventerà uno dei principali asset cripto dell’anno.

In un nuovo video, Armstrong dice ai suoi 561.000 abbonati di YouTube che sta puntando Phantasma, una soluzione blockchain veloce, sicura e scalabile per il gioco, i token non fungibili (NFT) e le Crypto Cash app decentralizzate.
PUBBLICITA’

“La blockchain è alimentata da una struttura a doppio token. Il token di governance SOUL e il token di energia KCAL, che permette l’interoperabilità con altre blockchain pur mantenendo un sistema di governance decentralizzato. Phantasma supporta l’interoperabilità tri-catena tra Phantasma e Neo e Phantasma ed Ehtereum, anche se la capacità di cross-chain tra Neo ed Ethereum non è ancora possibile. Phantasma consente NFT intelligenti, NFT infusi, NFT multistrato con conio molto economico”.

Il crypto influencer spiega che Phantasma fa uso di NFT intelligenti per eseguire nuove funzioni nei videogiochi, come nella serie 22 Racing di GOATi Entertainment.

“Gli smart NFT si basano sui casi d’uso originali dei token digitali non fungibili e portano le cose allo stadio successivo aggiungendo proprietà come l’accesso basato sul tempo e infondendo gli NFT con altri beni. L’anno scorso alla conferenza di gioco online PAX, GOATi Entertainment ha debuttato il primo NFT a tempo del mondo nel loro gioco di corse RTS… L’NFT ha dato ai partecipanti la possibilità di giocare al gioco per un breve periodo di tempo in beta…

22 Racing Series non è però solo un altro gioco NFT

Il gioco è presente sulle famigerate piattaforme di gioco Steam, PS4 e Xbox One. 22 Racing Series permette ai suoi utenti di acquistare e scambiare veicoli o creare beni da vendere o concedere in licenza, mentre i gettoni non fungibili danno il controllo della proprietà e la flessibilità. Le auto stesse sono in realtà una combinazione di questi NFT intelligenti multistrato composti da 25 o più NFT individuali per creare una hypercar all’interno del gioco. Questo porta l’infusione o la fusione di NFTs come l’allevamento di CryptoKitties ad un livello completamente nuovo. Per coloro che non capiscono il concetto, è essenzialmente la combinazione di NFT per creare auto all’interno del gioco che si può poi correre”.

Armstrong sottolinea che se i videogiochi popolari inizieranno mai a caratterizzare l’uso di NFT, Phantasma è attualmente in prima linea per essere in grado di fornire loro il servizio.

“Immaginate se Fortnite o uno di questi altri giochi popolari implementasse gli NFT per gli utenti. Un tale sistema potrebbe essere enorme e Phantasma è la piattaforma di punta che può effettivamente consegnarlo alla realtà”.

Alvarium: IOTA and Dell present verification technology for IoT data sources

The IOTA Foundation and the IT group Dell have developed a verification technology for data sources under the code name Alvarium.

The IOTA Foundation with the IT companies Dell and Intel has announced the demonstration of a verification technology for data from IoT devices, according to an IOTA blog post on February 11th.

Verification layer that can be integrated

The test run of Projekt Alvarium is intended to demonstrate how data provided by IoT devices can be automatically verified. The project is based on the “Data Confidence Fabric” originally developed by Dell, the functionality of which was later implemented from scratch with IOTA’s Streams Framework.

The technology used in Project Alvarium can be flexibly integrated as an intermediate level in IoT networks and is not directly related to IOTA’s own Tangle network.

IOTA will present the technology together with Dell and Intel in a webinar on February 24th. By collaborating with leading IT companies, IOTA hopes to play an important role in the rapidly growing IoT industry in the future.

Commitment to global IoT standards

IOTA’s broad commitment to IoT technology is also reflected in the Foundation’s participation in the Object Management Group (OMG), a consortium for the development of IT standards. As IOTA announced at the beginning of February , it is planning to introduce two standards for the Internet of Things this year in order to later establish them as global industry standards.

L’avvocato di Crypto vede la sedia della SEC in arrivo come una vittoria per Bitcoin, non per XRP

Jake Chervinsky crede che il nuovo presidente della SEC sarà un sostenitore di Bitcoin.

L’approvazione di un ETF su Bitcoin seguirà molto probabilmente la nomina di Gensler.

Ripple è ancora minacciata dalla SEC

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Jake Chervinsky, consigliere generale della finanza composta e co-presidente del gruppo DeFi presso la Blockchain Association, ritiene che l’introduzione di Gary Gensler come nuovo presidente della SEC rappresenterà un passo positivo per Cryptosoft a lungo termine.

SEC diventa Pro-Bitcoin

Parlando su Twitter, Chervinsky ha commentato quello che credeva sarebbe successo se Gensler diventasse presidente della SEC. L’avvocato spiega che crede che Gensler guiderebbe le politiche a favore di Bitcoin.

È stato ampiamente riferito che il neoeletto presidente Joe Biden nominerà Gesler al ruolo di presidente della SEC. Una mossa che probabilmente placherebbe la comunità crittografica.

Bitcoin buono, Ripple cattivo?

Gensler ha una visione positiva delle criptovalute e dell’adozione di blockchain, arrivando a chiamare Bitcoin la forma moderna dell’oro. È anche noto per insegnare corsi su blockchain e Bitcoin al MIT.

Chervinsky ha commentato la potenziale nomina di Gensler aggiungendo che Gensler “comprende profondamente le criptovalute e ha fortemente sostenuto Bitcoin per anni”.

Chervinsky ritiene inoltre che la nomina vedrà un cambiamento di politica a favore di un Bitcoin Exchange-Traded-Fund (ETF) .

Gensler ha anche affermato in precedenza che esiste una forte argomentazione che XRP sia un titolo, il che potrebbe significare che gli attuali guai e le recenti accuse mosse contro Ripple dalla SEC rimarranno.

Continuando con il processo di pensiero, Chervinsky ha spiegato che Gensler potrebbe aver cambiato idea su XRP che opera come sicurezza. Tuttavia, le possibilità che un presidente entrante (che non era presente per le indagini) revocasse la decisione della SEC sarebbe improbabile.

For Japanese regulator, Ripple’s XRP is not a financial security

Ripple (XRP) may have found a welcome land more open to cryptocurrencies than the United States. A large Japanese regulator has indeed confirmed that it does not consider XRP as a financial security.

Is XRP a financial security?

As a reminder, the Securities and Exchange Commission (SEC) complaint against Ripple relates to the status of XRP. The US regulator considers XRP to be a financial security , more specifically a security, where Ripple considers it to be a digital currency.

According to information from our colleagues at The Block , the Japanese Financial Services Agency (FSA), however, is more on the side of Ripple in this debate, explaining:

“The FSA sees XRP as a cryptocurrency , taking into account the definition of the Payment Services Act.”

This is also the interpretation of the Department of Finance of the United Kingdom, which specified last week:

“Tokens which are used primarily as a medium of exchange – this includes the most well-known crypto-assets, like Bitcoin, Ether and XRP . ”

What this means for the future of Ripple

Where this is notable is that it shows that the aggressiveness of the US regulator has not spread elsewhere. This therefore means that Ripple and its asset, XRP, can be exported in search of a more flexible regulatory framework . In any case, this is what Brad Garlinghouse had already suggested in recent months, probably feeling the tide. Japan and the United Kingdom were rightly mentioned at the end of last year.

The company had also opened a regional HQ in Dubai . Ripple’s posture has been clear for some time anyway. Chris Larsen, the co-founder of the project explained a few months ago:

“ I don’t think the SEC’s posture could be any worse for the [blockchain] industry today . They’re just trying to crush [us] and push us aside . ”

The upcoming trial promises to be complicated for Ripple. Whether the company will leave the city of San Francisco, where it has been established for a long time, remains to be seen.

Bitcoin’s genesis block (BTC) turns 12

The genesis block is the name of the first block in the Bitcoin blockchain. It was extracted on January 3, 2009, ie 12 years days for days.

Bitcoin turns 12

The first 50 BTCs were mined on January 3, 2009 by Satoshi Nakamoto himself in order to give birth to the Bitcoin blockchain .

S. Nakamoto made it clear that he was sensitive to the failures of the global financial system since the first block contained a message: “  The Times 03 / Jan / 2009 Chancellor on brink of second bailout of banks” in reference to an article published the same day in the British newspaper The Times .

The Times 3 Jan 2009

Cover of The Times January 3, 2009

The article relates the attempt to rescue the banks by the English government in the midst of the financial crisis . By writing this note, Satoshi surely wanted to show his interest in the subject and raise public awareness .

The January 3 is the anniversary of the genesis block, but also the day “Proof-of-Key” or proof key of removing his bitcoins of exchanges to a wallet whose private keys it holds to recover full ownership of its funds.

The mystery of block 0

The genesis block and the launch of Bitcoin remain shrouded in mystery and reverence . Thus, the launch of block 0 was the subject of much debate on a specific point of its creation: the first 50 BTC could not be spent.

Thus, the first reward (50 BTC) was to be awarded to the address: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa . However, the reward could not be distributed due to an anomaly in the code in block 0. Is this an intentional feature or just an error  ? This question was the subject of much debate among initiates. However, due to the developer’s precision, most theories suggest it was n’t a mistake.

Another originality, the followers regularly make donations to the address of the genesis block as a thank you. The address now has 68.35 BTC or about $ 2.3 million. There are 2,718 offerings that could be compared to the throwing of coins in the Trevi fountain in Rome.

Daniel Gouldman : Toutes les monnaies seront numériques dans environ cinq ans

Daniel Gouldman – le PDG de Ternio – est convaincu que dans un avenir immédiat, le bitcoin et la cryptoconnaie seront adoptés pour une utilisation courante et que toutes les monnaies seront numériques.

Daniel Gouldman : Nous devons nous habituer à la monnaie numérique

Dans une interview récente, il déclare

Je ne serais pas surpris si, dans cinq ans, la plupart de l’argent tel que nous le connaissons était essentiellement de la cryptoconnaissance.

Il affirme que les bitcoins et les cryptocurrences suivent exactement le même chemin que l’internet au milieu des années 90. Il affirme que si de nombreuses entreprises ont d’abord été lentes à accepter la nouvelle technologie, elles ont finalement été obligées de céder, et maintenant, l’internet est non seulement courant, mais dans plusieurs cas nécessaire si les entreprises cherchent à opérer dans le monde moderne.

En parlant de la nouvelle adoption de la monnaie numérique, Gouldman dit :

C’est le même chemin. C’est un taux d’adoption incroyablement explosif.

Il explique en outre que ce ne sera probablement pas le bitcoin – malgré sa taille et sa puissance actuelles – qui permettra de généraliser les monnaies numériques. Il pense que ce seront les banques, qui auront peur de perdre leurs prouesses et leur endurance dans le secteur financier, qui chercheront à émettre des versions numériques des monnaies émises par les fiats et les banques centrales afin de conserver leur clientèle et de se maintenir à flot.

Actuellement, nous en voyons déjà des exemples dans des régions comme la Chine, qui a dévoilé une version numérique du yuan ces derniers mois afin que les utilisateurs puissent éventuellement s’habituer à dépenser de l’argent numérique. Le yuan a été testé par des entreprises américaines telles que Subway et a ensuite été distribué à petite échelle à des particuliers dans tout le pays pour des tests supplémentaires.

Gouldman explique :

À mon avis, la plupart de l’argent [dans le futur] sera essentiellement de la cryptoconnaie parce que vous avez ces CBDC – les monnaies numériques de la banque centrale. Bitcoin, c’est génial. Tout le monde devrait l’avoir. Je l’adore, mais ce n’est pas un objet de transformation qui va affecter la vie de tout le monde au quotidien.

L’une des grandes choses, dit-il, qui sera énorme pour l’argent dans les années à venir, c’est le logiciel de chaîne de blocs qui va émerger pour le soutenir. Il affirme que cela permettra aux gens de stocker leur argent liquide de la manière la plus sûre possible et que les clients auront un contrôle total sur leur argent et leurs biens et n’auront pas à payer de frais aux banques.

M. Gouldman pense également que la Fed, au fil du temps, devrait devenir plus indulgente et plus ouverte à l’égard des monnaies numériques, et qu’une législation appropriée sera intégrée pour garantir que le pays puisse fonctionner sur la technologie des actifs numériques.

Les banques prendront leur temps

Il dit :

Je pense qu’au moment où les banques se familiariseront avec les cryptocurrences – ce qui prendra un certain temps – elles seront devenues beaucoup, beaucoup plus courantes, et c’est alors que les applications peer-to-peer auront de quoi s’inquiéter.

In the world of blockchain and crypto especially, an important device that has been with us for several years now are Bitcoin ATMs, ATMs that allow you to buy and sell BTC and more.

Obviously there are several manufacturers that trade these devices, which often have different functions since there are single option models that allow you to buy only crypto and other models that also allow you to sell the same, the so-called “two-way”.

But which are the most popular manufacturers of Bitcoin ATMs?

Bitcoin and crypto ATM

To answer this question we will use some platforms to identify both the manufacturers and the countries with more Bitcoin ATMs, so we can have an objective picture of the quality of the products and the manufacturers of these devices.

Let’s start first with Lamassu, one of the first companies to provide crypto ATMs with the two-way option and thus allow its customers to sell and buy their crypto. The basic model costs €3700 and all over the world this company can boast 569 installations of which 2 in Italy, to be precise in Pisa and Udine.

One of the best known circuits in America is without a doubt CoinSource, with devices that allow you to buy crypto but also devices that allow you to sell them.

Only last year CoinSource ATMs have also opened to stablecoins and so now you can buy DAI too. These ATMs are 889 located all over the US.

With 1304 crypto ATMs worldwide we find instead BitAccess, a company founded in 2013 in Ottawa, Canada. In 2014, the first ATM was launched. This company not only provides these devices but also produces them and therefore has control over the entire production chain.

One instead of the crypto ATMs that a little bit everyone will have seen are the ones produced by General Bytes that offers the possibility to customize the ATM and has a lot of features. They are present in almost every country in the world, and in fact we count as many as 3754 devices.

Finally, one of the largest manufacturers is certainly Genesis Coin, which boasts 4818 devices, mainly in the U.S., but we also find them scattered in other parts of the world such as China and the Philippines.

This company offers 3 different models: the Genesis1 from $14,500 that is a two-way, the Satoshi1 from 7380 of which you can choose the type of version, and finally the Finney3 model from 4500 dollars that is dedicated to white label and then sold with the name of the company that decides to expand in this area.

These are just some of the over 40 producers of crypto ATM, and in the world now there are over 13 thousand crypto ATM, not to mention the various services that allow you to buy with cash crypto of various kinds for a total of over 274 thousand services worldwide.

In Italy instead the best known Bitcoin ATM is Chainblock with 12 ATMs.

Defi Protocol Harvest Finance hacket for $ 24 millioner, angriper returnerer $ 2,5 millioner

Desentralisert økonomi (defi-protokoll) Harvest Finance ble hacket på mandag for $ 24 millioner. Angriperen målrettet mot protokollens likviditetsbassenger, og utførte et arbitrageangrep ved hjelp av et stort flash-lån – en type ukollarisert lån – men returnerte senere $ 2,5 millioner. På syv minutter var hackingen fullført.

Harvest Finance avslørte at hackeren “manipulerte prisene på en pengelego (curve y pool) for å tømme en annen pengelego [gård USDT (fUSDT), gård USDC (fUSDC)] mange ganger. Angriperen konverterte deretter midlene til renBTC og gikk ut til bitcoin. ”

RenBTC er et Bitcoin Profit -støttet token brukt på Ethereum blockchain.

Farm, Harvests opprinnelige token, falt med 54% til 101,79 dollar på nyhetene, ifølge Coingecko-data. Etter angrepet krasjet også pengebeløpet i protokollen til 575 millioner dollar fra 1 milliard dollar den 25. oktober da uredde investorer trakk sine innskudd.

Harvest ga en liste over 10 bitcoin-adresser til hackeren, der de mener at de stjålne midlene kan ha blitt flyttet. Det ba også utvekslinger som Binance, Coinbase og Huobi om å blokkere angriperens adresser.

Den tre måneder gamle plattformen sa at det er en “betydelig mengde personlig identifiserbar informasjon om angriperen, som er kjent i kryptosamfunnet.” Harvest Finance er ikke villig til å gjøre noe med cyber-tyven, og tilbyr nå en $ 100.000 bounty “for den første personen eller teamet som når ut til angriperen”.

De 2,5 millioner dollar som hackeren returnerer vil bli “distribuert til de berørte innskyterne pro-rata ved hjelp av et øyeblikksbilde”, tvitret Harvest.

Harvest’s hack kommer bare seks uker etter at en angriper gjorde ut med $ 8,1 millioner i bitcoin fra en annen defi-protokoll, Bzx. Imidlertid klarte Bzx å gjenopprette midlene.

Security tokens fall by half for two consecutive months

Security token markets continued to fall last month, with the volume of trade across the sector falling by over 40%.

Security token volumes fall by half for two consecutive monthsNOTHINGS

The upward momentum enjoyed by the security tokens industry in the first three quarters of 2020 has diminished sharply, with monthly volume falling by more than 40% for the second consecutive time.

US$ 1 billion in Silk Road portfolio moves for the first time since 2015
Since reaching almost US$22 million in August, monthly trade in security tokens fell to US$9.15 million in September, before falling to US$5.27 million in October.

With 98 percent of the industry’s trade taking place in Overstock’s proprietary alternative trading system tZERO, it appears Overstock’s plan to increase volumes by issuing a ‘digital dividend’ in the form of security sent to OSTK shareholders has lost its steam.

Overstock’s OSTKO security token – which represents 50% of the market capitalisation of security tokes combined – lost 18% of its value during October, while its monthly volume fell 20% to around $3 million. OSTKO’s market capitalisation of $252 million would rank it as the 53rd largest asset in cryptomorphism overall, according to CoinMarketCap.

South Korean financial institution to ban currency with focus on exchange privacy
Interestingly, the token began trading in October for US$70, almost 20% less than OSTK shares. However, OSTKO closed the month at $57 – a dollar higher than Overstock’s share price.

Most of October’s decline in the volume of the security token took place in the tZERO TZROP token markets, which generated just US$2.15 million in trading last month – down 60 percent from US$5.29 million in September. The token also lost 8% of its value last month.

With a capitalisation of US$180.7 million, the TZROP is the second largest security token, making it the 65th largest overall crypto.

Source: STOMarket
Although tZERO has maintained dominance over the secondary security token markets to date, an increasing number of companies are building platforms to facilitate the creation and issuance of security tokens.

A week ago, Ignuim joined the Fundwise stock crowdfunding platform to launch a tokenised crowdfunding service aimed at small and medium-sized companies.

Last month, Japanese financial services giant SBI Holdings announced that it would launch a security token offering to issue shares in its e-sports subsidiary.