Reddit to wind down blockchain-based rewards service ‘Community Points’

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Reddit has said it will soon shutter its long-running, blockchain-based rewards service, “Community Points,” citing scalability concerns, reports Cointelegraph. In an official 17 October announcement in the r/CryptoCurrency subreddit, a Reddit team member said that, while the platform saw “some future opportunities for Community Points, there was no path to scale it broadly across the […]

SEC forces US companies to look to Ireland, UK, European Union

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Europe is a world leader in crypto regulation. The European Union has already adopted the Markets In Crypto-Assets (MiCA) regulation, which will govern crypto in the EU’s 27 countries starting late 2024. The UK is also courting the crypto industry. For example, The Financial Services and Markets Bill is working its way through Parliament, and […]

Central banks successfully test cross border trading of wholesale CBDC using DeFi

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The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland successfully tested out cross-border trading of wholesale central bank digital currencies (wCBDC), reports Coindesk. Project Mariana’s proof of concept used a hypothetical euro, Singapore dollar and Swiss franc wCBDCs between simulated financial institutions. The project relied on “a common token […]

Metacade announces breakthrough collaboration with Polygon Labs

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Metacade, the world’s first community-led gaming platform, has confirmed a collaboration with Polygon Labs, focused on driving user acquisition, testing and the adoption of 100’s of new games and customers on the Polygon protocols, reports Blockleaders.io. The move opens up the brand to a significant global audience of gamers on the biggest gaming blockchain to […]

Account abstraction and the next billion Web3 users

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Next week’s event for Blockchain Ireland Technical Group is a FREE online Webinar about Account Abstraction and why it will be critical to onboarding the next 1 Billion #Web3 users. Regardless of whether you are a techie or not, if you are a #Blockchain or #Web3 enthusiast, this event is for you! When: Tue, 3 Oct 2023 @ 6pm Where: Online Register here: https://lnkd.in/e3HAZgT7 The […]

Web3 adoption could come via the enterprise, but the real boom will be through start-ups

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As the race for enterprise adoption in web3 accelerates, some people believe it’s not one-sided growth, but a journey where both mainstream enterprises and crypto start-ups can bring on new opportunities, reports TechCrunch. “The signals that we see right now are that the innovation is coming more from enterprises,” Gagan Mac, head of product and senior […]

NASA plans to prove its next Moon landing is real using blockchain

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The United States National Aeronautics and Space Administration (NASA) and its partners Lonestar, a computing start-up based in Florida and the Isle of Man, will send a payload to the Moon containing “data cubes” in February 2024. Reports Cointelegraph. The data secured in these cubes will be verified back on Earth using blockchain technology. If […]

Blockchain Skills forecasts 2023

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This fact sheet is based on the results of the CHAISE Project and the INATBA Education Working Group Report “Adapt and Flourish,“ which details skills that are critical to possess in the era of Web3.0 (Image: CHAISE) The Fact Sheet is compiled by the ESRI, CHAISE and the INATBA Education Working Group.   It provides […]

CHAISE – blockchain skills for Europe

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The CHAISE Alliance is inviting organisations to join the alliance as an Associated Partner and to support project goals and outcomes via a Statement of Support. By joining, organisations will be part of a network of some of the finest experts working towards strengthening the development of blockchain skills in Europe. CHAISE is dedicated to […]

From TradFi to DeFi and ReFi: the revolution in financial services

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The adoption and application of technologies such as blockchain and distributed ledger technologies (DLT), combined with the next iteration of internet technologies in web3, is driving a new wave of development in financial services. Articles, such as this one in Intelligent CIO Magazine, talk about how Web3 can enable “immutable credit histories” to be built […]

Techbrek – Blockchain and Digital Assets: Harnessing the potential to transform

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Blockchain and distributed ledger technologies (DLT) have steadily developed as a key infrastructure element for many industries, in financial services and beyond. According to the Deloitte 2021 Global Blockchain Survey, the vast majority (80%) of participants say their industries will see new revenue streams from blockchain, digital assets, and/or cryptocurrency solutions. This is to the […]

EASA to leverage blockchain tech for tracking aircraft parts

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Europe continues its search for new blockchain use cases, with the latest foray coming in its aviation sector as the region seeks to crack down on using unapproved parts, reports Coingeek. The European Union Aviation Safety Agency (EASA) leads the charge with a new project to leverage blockchain to track aircraft parts and other components. […]