2022 looks to be a transformative year for the cryptocurrency ecosystem as the focus on interoperability between siloed blockchain networks comes to the forefront and a multitude of projects announce plans to interconnect their platforms with other protocols. One sector of the crypto ecosystem that will play a vital role in ensuring smooth communication and interaction between … [Read more...] about Oracle tokens turn bullish as blockchain projects focus on interoperability
Focus
Square rebrands to Block as focus shifts to blockchain
Digital payments company Square announced that it has changed its company name to Block, seemingly in a shift towards blockchain technology.In a Wednesday tweet, Square said the rebrand will bring the payments firm together with Cash App, the decentralized Bitcoin (BTC) exchange project tbDEX, and music and video streaming platform Tidal. An accompanying news release said that … [Read more...] about Square rebrands to Block as focus shifts to blockchain
Bitcoin Tops $58K With Focus On Omicron and Fed’s Powell Speech
“Bitcoin is largely being grouped with other risk assets at the moment,” Matthew Dibb, COO and co-founder of Stack Funds, said. “After Friday’s collapse in equities, we have seen some buying in major coins, but it’s too early to say whether it will continue.” Source link … [Read more...] about Bitcoin Tops $58K With Focus On Omicron and Fed’s Powell Speech
Nigeria’s eNaira stablecoin becomes focus of new IMF report
Nigeria’s central bank digital currency project, eNaira, is drawing attention and interest of leading financial institutions and it also gaining traction amongst other country’s central banks looking to initiate a similar project according to a report released by the International Monetary Fund (IMF)eNaira to boost remittanceThe report, authored by economist Jack Ree, explained … [Read more...] about Nigeria’s eNaira stablecoin becomes focus of new IMF report
Kevin Durant’s new SPAC firm to focus on crypto and blockchain
Kevin Durant, a two-time NBA champion, has launched a special purpose acquisition company (SPAC) to look at collaborating with technology-driven businesses, including cryptocurrency enterprises. The firm was established in conjunction with Durant’s business associate Rich Kleiman.Durant, who was an early Coinbase backer, isn’t done exploring the sector yet. His new SPAC company … [Read more...] about Kevin Durant’s new SPAC firm to focus on crypto and blockchain