Blockchain News Technology

DPA Token (DPAT) and Blockchain Technology: The Key to Unlocking Africa’s Economic Potential

Coins Legend February 14, 2023 0

PRESS RELEASE. For foreign investors who have always wanted to diversify their portfolio with African assets but have been held back by security and transparency, this might be a game-changer. Africa is a continent that is rich with potential and opportunity. However, due to prolonged periods

News Technology

Meta Reportedly Preparing for a New Round of Layoffs

Coins Legend February 14, 2023 0

Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in the coming days. According to reports, the company is delaying the finalization of the budget for each one of its teams, causing operational delays and affecting the output of employees of the company. Meta to […]

Technology

L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration

Coins Legend September 1, 2022 0

The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement Nitro Update The Offchain Labs-managed L2 Ethereum scaling solution Arbitrum, told

Technology

Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push

Coins Legend August 31, 2022 0

This week, Ticketmaster Entertainment, Inc. revealed the company will give event organizers the ability to mint non-fungible token (NFT) tickets via the Flow blockchain. Last November, Ticketmaster said it was working with Polygon but since Super Bowl LVI, the ticket sales and distribution behemoth started working with the Dapper Labs-managed Flow. Ticketmaster Has Minted

Technology

Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives

Coins Legend August 5, 2022 0

Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge of the deal. Meta to Issue […]

Technology

Tetris Owner Playstudios to Launch Blockchain Gaming Division and Web3 Fund

Coins Legend August 5, 2022 0

Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is launching a blockchain gaming division that will introduce the concept of “rewarded play” to its users, who already enjoy real-world rewards for playing its games. Playstudios will also invest $10 million in Web3 gaming companies. […]

Technology

Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices

Coins Legend August 5, 2022 0

The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices and the restrictions can be extended for up to six months. Authorities in Kosovo Reinstate Ban on Cryptocurrency Mining The executive power in […]

Technology

Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater

Coins Legend August 2, 2022 0

During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. Today, the value locked across the defi ecosystem is $86.22 billion as the TVL has lost 3.34% during the past 24 hours. Value Locked […]

Technology

Luxury Retailer Tiffany & Co. Announces Jeweled Cryptopunk Pendants Tied to NFTs

Coins Legend August 1, 2022 0

The luxury jewelry and specialty retailer Tiffany & Co. announced the firm is planning to sell 250 non-fungible token passes called “Nftiff.” Essentially, Cryptopunk holders will be able to acquire one of the 250 Nftiffs for 30 ether or roughly $50K using today’s ethereum exchange rates. Tiffany & Co. Reveals Limited Edition Jeweled Cryptopunk Pendants […]

Technology

Luxury Retailer Tiffany & Co. Announces Jeweled Cryptopunk Pendants Tied to NFTs

Coins Legend August 1, 2022 0

While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 million. Since November 2021, the number of euro stablecoins swelled by 85.34%, but from January 2022 to today, euro stablecoin numbers dropped 14.17% during the […]