Singapore and China’s Silicon Valley, the city of Shenzhen, are building what is likely the world’s first blockchain-based network for a cross-border trade data exchange between two major economies.Red Date Technology, the architect of China’s internet of blockchains, is working with the Shenzhen Municipal Government and Singapore’s Infocomm Media Development Authority (IMDA) … [Read more...] about BSN’s Red Date Behind Shenzhen-Singapore Trade Blockchain Project
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Cardano dApp SundaeSwap announces date for testnet launch
After months of teasing, up-and-coming Cardano DEX SundaeSwap has announced Sunday, December 5 as the date of its testnet launch.“Who’s ready to sample some flavors?We’re proud to announce that the SundaeSwap Testnet Event will be going live on the Evening of Sunday, December 5th (EST)!”Recent weeks have seen the pressure pile on as the price of ADA continues to fumble. Many … [Read more...] about Cardano dApp SundaeSwap announces date for testnet launch
BSN Architect Red Date to Launch NFT Infrastructure in China
Red Date Technology, the firm behind the Blockchain Services Network, will launch infrastructure to support the deployment of non-fungible tokens in China.The project, dubbed the BSN-Distributed Digital Certificate (DDC), was announced at the BSN Open Permissioned Summit on Friday.Red Date CEO Yifan He said that NFTs will be widely used in China in the next five years, but that … [Read more...] about BSN Architect Red Date to Launch NFT Infrastructure in China
Cardano (ADA) founder teases announcement of smart contract rollout date
So far, 2021 has been a stand-out year for Cardano. Having started the year at $0.18, the number five cryptocurrency enjoyed a strong surge taking its price to an all-time high of $2.50 by mid-May, a +1,288% gain.Even during the FUD-induced downturn that followed, Cardano faired better than most others. Still experiencing a 64% drop from peak to trough, but managing to build … [Read more...] about Cardano (ADA) founder teases announcement of smart contract rollout date
Bitcoin’s Dip to $30k Marked the Largest Capitulation Event To Date
Bitcoin’s pullback to $30k is now the largest capitulation event to date in terms of realized lossesThe amount of realized BTC losses exceed those of March 2020, November 2018 and the January 2018 correctionRoughly 76% of Bitcoin addresses are still in profitsSelling could continue through Bitcoin miners and investors who recently bought BitcoinBitcoin’s ongoing pullback that … [Read more...] about Bitcoin’s Dip to $30k Marked the Largest Capitulation Event To Date