Category: Technology

Starbucks and McDonald’s reportedly not testing China’s digital yuan

Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC.

October 14, 2020
How Voltaire will bring accountability to funding on Cardano

In his latest YouTube video, Charles Hoskinson, the CEO of IOHK, explained the lengthy process behind ensuring accountability to funding on Cardano. Voltaire, the blockchain’s governance era, will eventually evolve Cardano into one of the best innovation management platforms on the market, with tens, if not hundreds of thousands of people participating in the blockchain’s…

October 12, 2020
Leading Ethereum dex Curve begins dabbling in layer-two solutions

Ethereum transaction fees have dropped dramatically since the summer highs when gas cost upwards of 1,000 Gwei. According to GasNow, the average Ethereum user is paying approximately 40 Gwei for a transaction — over 96 percent below the recent highs. While this may sound like a dramatic reduction, Ethereum transactions are still far from cheap.…

October 12, 2020
Payments firm Rocketfuel Blockchain sues co-founder over expired patents

The blockchain payments company said it unknowingly owns patents that expired before these were transferred to them.

October 10, 2020
New Ripple service enables XRP payments on credit for SMBs

Blockchain payments provider Ripple launched its “Line of Credit” service yesterday to cater to customers using On-Demand Liquidity (ODL) to source capital on-demand to initiate cross-border payments at scale using the digital asset XRP. The service provides quick access to capital using a simple credit arrangement system, creating a financial service that ensures inclusion and…

October 9, 2020
Fetch.ai integrates Chainlink price feeds for powering its digital economy

Fetch.ai, a Cambridge-based artificial intelligence lab building an open-access decentralized machine learning network for smart infrastructure, announced yesterday that it had successfully completed a mainnet integration of Chainlink, as per a release shared with CryptoSlate. Fetch.ai is Chainlinked As the most widely used decentralized oracle network, Chainlink’s Price Reference Data allows users to verify the…

October 9, 2020
Bitcoin Defi: Smart Contract Platform RSK Integrates ETH-Based Stablecoin DAI

On October 6, 2020, the RIF (RSK Infrastructure Framework) development team announced that the Makerdao project’s DAI stablecoin is now available via the smart contract protocol RSK. According to the software engineers, RIF developers leveraged the RSK-Ethereum token bridge and individuals can now utilize the Ethereum-based stablecoin across a myriad of decentralized applications (dapps). The…

October 8, 2020
Solana announces Ethereum cross-chain bridge ‘Wormhole’

Web-scale blockchain network Solana, which boasts over 2 billion transactions since its introduction in March 2020, announced ‘Wormhole,’ a secure, trustless bridge connecting Ethereum to Solana, in a release shared with CryptoSlate. A cross-chain Ethereum bridge Built in partnership with Certus One, Wormhole is the first of many bidirectional cross-chain bridges on Solana. Wormhole connects…

October 8, 2020
Chainlink oracles are now live on AdEx Network (ADX/USD) price feeds

AdEx Network is going live on mainnet with a Chainlink oracle integration and the launch of a novel DeFi concept called “elastic token issuance,” it said in a release shared with CryptoSlate. For the uninitiated, AdEx Network is a new-generation solution aiming to address and correct some of the most prominent inefficiencies of the online…

October 7, 2020
Finance Redefined: DeFi party’s over, back to building now, Sept. 30—Oct. 7

DeFi tokens suffered massive losses this week, and they could continue.

October 7, 2020