Technology

Jamiroquai to Bring ‘Virtual Insanity’ to The Sandbox Blockchain Metaverse

Coins Legend May 19, 2022 0

On Wednesday, the acid jazz-funk band Jamiroquai revealed it has partnered with the blockchain-based virtual world platform The Sandbox in order to “get funky in the metaverse.” According to the announcement, Jamiroquai plans to bring virtual insanity to the band’s virtual land located in The

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Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants

Coins Legend May 17, 2022 0

Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is to fork the blockchain into a new chain that does not include an algorithmic stablecoin, and the newly minted tokens […]

Technology

Riot Blockchain Is Constructing a 1 GW Bitcoin Mining Facility in Navarro County, Texas

Coins Legend April 29, 2022 0

The publicly listed bitcoin miner Riot Blockchain has announced the company has started development on a 1 gigawatt (GW) bitcoin mining facility in Navarro County, Texas. The development of 400 megawatts (MW) of capacity has been initiated on the 265-acre site and the team hopes to have bitcoin mining and hosting capabilities online by next […]

Finance

Blackrock Launches Blockchain ETF Offering Investors Exposure to Crypto Sector

Coins Legend April 28, 2022 0

The world’s largest asset manager, Blackrock, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.” Blackrock Debuts Blockchain ETF Blackrock, the world’s largest asset manager with $10 trillion

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Report: Saudi Arabia Exploring Possibility of Implementing Blockchain in Government

Coins Legend April 23, 2022 0

The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the kingdom can only successfully build blockchain-based solutions if it hires people that are proficient in this technology. Government Needs to Hire Talented Individuals Saudi

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MetaRace Horse Racing, the First “Play to Earn” DApp on the Caduceus Blockchain

Coins Legend April 22, 2022 0

PRESS RELEASE. On April 18th, MetaRace Horse Racing was officially launched on the decentralized edge rendering Metaverse protocol – Caduceus. It is the first “Play to Earn ” game launched on Caduceus, co-built by MetaverseGraph Labs. The high gas cost of Ethereum and the slow transaction speed cannot support the large-scale interactive concurrency of MetaRace. […]

Market updates

Crypto and Blockchain Firms Constitute 16% of UAE Free Zone’s Record Q1 Company Registrations

Coins Legend April 16, 2022 0

Crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022, the Dubai Multi Commodities Centre (DMCC) has said. The surge in crypto-related registrations also coincided with a quarterly period in which the DMCC is reported to have recorded its “highest Q1 performance” since inception. Rise in […]

Market updates

Three African Countries Plan to Adopt Cryptocurrency and Blockchain Solutions

Coins Legend April 16, 2022 0

Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo — are reportedly planning to adopt cryptocurrency and blockchain solutions powered by The Open Network (TON). Separately, Cameroon is considering issuing a national stablecoin that is based on the same blockchain network. Phased Adoption of the Solutions The […]

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Algorand Looks to Prove Why Algoracle Is Needed in the Contemporary Blockchain and Crypto Sector

Coins Legend April 14, 2022 0

PRESS RELEASE. As the complexity of current dApps (decentralized applications) on Algorand grows, so must the infrastructure, notably oracles, to enable significantly higher and better feature sets. In the Algorand ecosystem, Algoracle’s opinions on off-chain computing are therefore worth discussing in key detail. What is it exactly? Since smart contracts are unable to

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An In-Depth Look at the 5 Most Profitable Bored Ape NFT Traders of All Time

Coins Legend April 3, 2022 0

Non-fungible tokens (NFTs) have been extremely popular during the last two years and in recent times, specific NFTs from certain collections, sell for hundreds of thousands or even millions of dollars per NFT. During the last 30 days, Bored Ape Yacht Club (BAYC) NFTs saw $257 million in sales volume. While people still question the […]