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Nasdaq Admire Cardano As “By The People, For The People” Type Of Currency

Mark Brennan
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Nasdaq Admire Cardano As “By The People, For The People” Type Of Currency

In a recent Nasdaq article, Nasdaq says Cardano could be described as a “by the people, for the people” type of currency.


In the article Nasdaq admires Cardano and IOHK efforts to make a world a better place.

 

The Article Writes:

What’s great about Cardano is its relatively large market capitalization and its fairly low price point.

Also Read: Cardwallet Passes The Occelerator Incubator Program, And Is Going To Build Cardano First Non-Custodial Full-Featured Wallet For Cardano Native Tokens

Founded in 2015 by Charles Hoskinson and launched in 2017 as a tradable token, Cardano could be described as a “by the people, for the people” type of currency.

IOHK, the company behind Cardano, plans to use its blockchain technology to make the world a better place – even going so far as to revamp Ethiopia’s education system.

Moreover, it’s been revealed that IOHK is preparing to build a bridge with another future-forward crypto project. Could we be witnessing the blockchain’s “Bluetooth moment in 2021?

This event is, in my estimation, grossly under-reported in the media. I think it has the potential to be a watershed moment in the history of the blockchain.

Also Read: According To NBC News Report “Cryptocurrency Goes Green” NBC Admire ADA AS Most Significant Proof Of Stake Crypto

I’m referring to a major plan to enable interoperability between the Cardano and Nervos Network (CCC:CKB-USD) platforms within the next six weeks.

If you’ve never heard of Nervos, don’t be nervous (sorry, I couldn’t help myself). It’s the number 113 ranked cryptocurrency, according to CoinMarketCap.

As reported by the development team behind Cardano, Nervos and IOHK intend to build a bridge between the two networks, thereby furthering their goals of discovering the industry’s “Bluetooth moment.

Sure, that might sound bombastic. But think about it: collectively, the two crypto ecosystems are worth billions of dollars in terms of market capitalization.

Also Read: Bitrue Exchange Delegated 1,000,000 Cardano To 1LOVE Public Stakepool

It’s the first “bridge” of this type ever built by Cardano, and the two companies are giving it a name reminiscent of the Star Wars film series: the Force Bridge.

Beyond the cool name, what’s special about this particular crypto bridge?

For one thing, it will enable users to interchangeably transact with the two networks’ native currencies, CKB and ADA.

The upshot of the Cardano-Nervos bridge could be greater freedom for the end users. With this development, they won’t necessarily be locked into one particular blockchain.

As I see it, this represents a win-win for CKB and ADA holders. And on a larger scale, it should provide far-reaching benefits for the broader crypto ecosystem.

Read More On Nasdaq: https://www.nasdaq.com/articles/be-part-of-a-historic-crypto-moment-with-cardano-2021-06-08

Cardwallet Passes The Occelerator Incubator Program, And Is Going To Build Cardano First Non-Custodial Full-Featured Wallet For Cardano Native Tokens

Mark Brennan
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Cardwallet Passes The Occelerator Incubator Program, And Is Going To Build Cardano First Non-Custodial Full-Featured Wallet For Cardano Native Tokens

CardWallet is specifically made for Cardano ecosystem. Occam Association makers of Cardwallet announced that their wallet has passed the first stages of the Occelerator incubator program. CardWallet team will build full-featured wallet for Cardano native tokens. Cardwalet also joins Theos and is the first projects to pass through the Occelerator incubator.

Also Read: Nasdaq Admire Cardano As “By The People, For The People” Type Of Currency


President of the Occam Association, Mark Berger said:

CardWallet is a feature-rich non-custodial wallet developed exclusively for the Cardano ecosystem. After working alongside the expert CardWallet team during the last few weeks, we are certain that CardWallet is poised to make a huge impact in the Cardano ecosystem. We’re excited to welcome them to the Occam.fi ecosystem through the Occelerator incubator.

CardWallet will enable cross-chain swaps of hundreds of assets across multiple underlying blockchain protocols, with access to deep liquidity through CardWallet’s exchange partners for Cardano native tokens.

Also Read: According To NBC News Report “Cryptocurrency Goes Green” NBC Admire ADA AS Most Significant Proof Of Stake Crypto

Mastercard and Apple Pay fiat to crypto payments will be supported from CardWallet from launch, with minimal transaction fees.

CardWallet also have mobile app for both iOS and Android users.

All Cardano based tokens can be easily stored, exchanged and traded on CardWallet.

Card wallet will not require any personal information or registration to use its features.

Also Read: Bitrue Exchange Delegated 1,000,000 Cardano To 1LOVE Public Stakepool

CardWallet plans to offer Cardano (ADA) delegation natively through its app, as well as return optimization mechanisms for other Cardano native token staking and yield-generating products.

Twitter CEO Jack Dorsey Un-Followed Senator Elizabeth Warren, Who Criticized Bitcoin

Mark Brennan
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Twitter CEO Jack Dorsey Un-Followed Senator Elizabeth Warren, Who Criticized Bitcoin

Donald Trump and Senator Elizabeth Warren have one thing in common: Both Hate Bitcoin.


Twitter CEO Jack Dorsey Un-followed Senator Elizabeth Warren, who criticized Bitcoin (BTC) during the June 9 senate meeting focused on central bank digital currencies.

 

In his keynote address, the Massachusetts senator described the largest cryptocurrency as a “lousy investment” and a “haven for illegal activity.” Warren has also called for a restriction on “environmentally wasteful” Bitcoin mining, claiming it is a “disaster” for the planet. Contrary to Warren’s latest comments, Texas Senator Ted Cruz said Bitcoin has “a lot of potential”.

She Said:

One bitcoin transaction uses the same amount of electricity as the typical household uses in a month.  Wild swings in BTC value mean that Bitcoin is a terrible currency.

Twitter CEO Jack Dorsey, a longtime Bitcoin advocate, also reacted to these statements by Senator Warren. He said that he would leave his companies to work on BTC.

I don’t think there is anything more important in my lifetime to work on.

 

El Salvador To Start Bitcoin Mining With Volcanoes

Mark Brennan
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El Salvador To Start Bitcoin Mining With Volcanoes

El Salvador President Nayib Bukele tweeted that LaGeo, a state-owned geothermal power company, has been tasked to develop a plan to mine Bitcoin using volcanic energy.


There are about 20 potentially active volcanoes in the country, and over the past 500 years, Chaparrastik volcano, the biggest in El Salvador has experienced more than 25 eruptions.

Read: According To NBC News Report “Cryptocurrency Goes Green” NBC Admire ADA AS Most Significant Proof Of Stake Crypto

El Salvador geothermal energy is completely clean and renewable. The Country President said on Twitter:

I’ve just instructed the president of LaGeoSV (our state-owned geothermal electric company), to put up a plan to offer facilities for #Bitcoin MINING with very cheap, 100% clean, 100% renewable, 0 emissions energy from our volcanos. This is going to evolve fast!

In the latest Development, Mr Nayib Bukele was informed by their engineers that:

Our engineers just informed me that they dug a new well, that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos. Starting to design a full Bitcoin mining hub around it. What you see coming out of the well is pure water vapor.

Mr Nayib Bukele Tweets:

 

El Salvador’s “Bitcoin Law” was proposed by Bukele last week and quickly went into effect following its submission to the Legislative Assembly, which Bukele’s party controls with a two-thirds majority.

 

Read: Iran To Hold 1st International Blockchain Conference

The law recognizes cryptocurrency as legal tender and requires businesses to accept BTC as payment as long as they are not in rural areas where there is no internet access. In addition, it exempts bitcoin trading from capital gains taxes.

Ubitquity And Real Items Powered By Vechain Get Together to Leverage Ubitquity NFT Technology

Mark Brennan
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Ubitquity And Real Items Powered By Vechain Get Together to Leverage Ubitquity NFT Technology

Ubitquity, a software platform focused on the blockchain real estate sector, has signed a letter of intent with Vechain Powered Real Items to leverage its NFT technology. Real Items operates as an anti-counterfeiting company using Vechain technology.


 

Ubitquity is looking forward to developing NFT and DeFi solutions for real estate, escrow or title companies. Ubitquity works with blockchain-focused ecosystems and renowned title platforms including VeChain, Proton Chain, government blockchain solutions, AIC Title Service, Women in Blockchain Canada, E-Title Cambodia, and Lava Trust.

Eisenreich Expressed His Feelings:

What could be better than two great, innovative companies joining hands?. They both Run On VECHAIN!

The users of Vechain Enabled Real Items are guaranteed the quality of the products, confirming their authenticity and origin. Therefore, Ubitquity plans to partner with Real Item innovation to boost its title insurance industry and leverage its white-labeled MyNFTs market.

In this way, physical property and its records can be securely stored in NFTs and authenticated to provide a complete history of the corresponding title.

Read Also: After Successful Launch Of Mybaby, Let’s Look Back On Some Of Vechain’s Prominent Projects In Health And Safety

More importantly, access to the NFT asset on Real Items is possible through their smart Labels. Using Vechain Powered Real Items smart tags, Ubitquity clients scan a blockchain-protected QR code of title of ownership and then redirected to the Real Items app, which allows NFTs trading. The payment options at Real Items shop require users to integrate their credit cards or bank accounts and add their funds to the wallet section.

Enjin And Health Hero Become Partners To Launch NFT-Powered Health App

Jakkk
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Enjin And Health Hero Become Partners To Launch NFT-Powered Health App

Blockchain platform Enjin is about to release a wellness app called Go! after cooperation with the British telehealth company HealthHero.


 

Go! will allow users to create their non-fungible wellbeing tokens (W-NFT) according to their personal health needs based on various data that the app receives. This is a new concept introduced by HealthHero.

Each user can create a token that is unique to their health and activity characteristics. As they introduce more activity statistics and well-being parameters, the corresponding W-NFT takes on new features and characteristics, making it even more unique and rare. The NFT can then potentially be traded and exchanged for an Enjin Coin (ENJ) on the Enjin Market.

Anthony Diaz, CEO and Founder of Health Hero, Inc Said:

We are excited to support the first project bringing NFTs to health and fitness, pairing the security of blockchain with new gamification mechanics. With well-being and activity data, we are creating a new blockchain layer where we are driving health engagement and placing that on the blockchain, allowing us to have more secure and personal activity data for our users,

The app will use Enjin’s no-gas JumpNet blockchain, ensuring that W-NFTs remain cheap to use while being much greener than other platforms, consuming 99.99% less electricity than networks like Ethereum.

Bitrue Exchange Delegated 1,000,000 Cardano To 1LOVE Public Stakepool

Albert Brown
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Bitrue Exchange Delegated 1,000,000 Cardano To 1LOVE Public Stakepool

Bitrue (BTR) a leading digital assets exchange has announced its decision to stake 1,000,000 ADA tokens worth $1.5 million.


Bitrue (BTR) has delegated one million Cardano tokens (ADA) to the 1LOVE public stakepool.

 

Bitrue representatives emphasized that 1LOVE pool team are Cardano’s long-term advocates. 1LOVE members volunteer as Cardano Community Ambassadors (ADA) to spread the word about the blockchain and its token along with launching one of the first large-scale ADA staking pools.

Adam O’Neill, Chief Marketing Officer for Bitrue said:

Bitrue is a huge proponent of the ADA ecosystem, we listed the coin on our exchange very shortly after we launched after receiving huge amounts of community requests, and we have since ensured that it’s always included in our new features, from investments to loans. We are really excited to be taking this further step of contributing to the community and helping the coin reach its ideal of widespread decentralization.

GliTch, owner and operator of 1LOVE staking pool, states that the decision of Cardano staking Process by Bitrue is of great importance to the entire DPoS blockchain:

It’s an honor to work with Bitrue and the Cardano Foundation to be selected for this pilot program in an effort to bring an alternative solution for exchange staking to be a viable part in Cardano’s decentralization through community pools. Bitrue’s choice to be a leader and select community pools has great potential to help strengthen the network and provide stable growth to community operations for the future.

The Bitrue team (BTR) says that this staking is a start to a long-term partnership between the exchange and 1LOVE.

 

According To NBC News Report “Cryptocurrency Goes Green” NBC Admire ADA AS Most Significant Proof Of Stake Crypto

Mark Brennan
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According To NBC News Report “Cryptocurrency Goes Green” NBC Admire ADA AS Most Significant Proof Of Stake Crypto

Recently, NBC News, the news arm of the American broadcast television network NBC, called Cardano “the Significant proof of stake cryptocurrency in the market.”


In NBC report, titled “Cryptocurrency Goes Green: Can Proof of Stake Offer a Solution to Energy Problems?”. Ezra Kaplan, a technology news producer for NBC News, referred to the debate over the environmental impact of bitcoin, and said that unlike from Bitcoin, which uses an energy-consuming, proof of work consensus, some other blockchains like Cardano are taking a much more energy efficient approach.

Ryan, the researcher at the Ethereum Foundation talked about the simplicity of Proof Of Stake:

“Instead of buying a bunch of hardware and burning a bunch of energy, I can instead take that asset and lock it in kind of like a security bond.”

NBC Report writes:

“Proof of stake is already working. Cardano uses proof-of-stake and has the fourth-largest market capitalization — $50 billion — of any cryptocurrency. It is currently the most significant proof of stake cryptocurrency on the market.

Read: Bitrue Exchange Delegated 1,000,000 Cardano to Support Cardano’s Decentralization

Cardano surged after Musk tweeted about ending the program to allow people to buy Teslas with bitcoin due to energy efficiency concerns, which sent nearly every other cryptocurrency into steep declines. It has since followed suit and plummeted.

Other already functioning cryptocurrencies that use proof of stake include Polygon, Tezos, Polkadot and EOS.

Ehtereum is trying to come towards proof of stake in a project called Ethereum 2.0.”

 

A Luxury Penthouse In Miami Was Bought For $22.5 Million Using Cryptocurrency

Mark Brennan
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A Luxury Penthouse In Miami Was Bought For $22.5 Million Using Cryptocurrency

A luxury penthouse in Miami was bought for $22.5 million using cryptocurrency.


Considered the largest known cryptocurrency real estate purchase to date, the deal was closed just weeks after the Owner announced it would accept digital assets as payment.

The 5,067 square foot apartment spans the entire ninth floor and offers 360-degree views of the ocean, coastline and Miami cityscape.

Miami recently announced itself as a growing hub for the cryptocurrency market.

SolidBlock assisted in the transaction and provided legal and tax advice.

It is not the first crypto paid property sale but it is surely the biggest so far. The Buyer remains anonymous and the company said details cannot be disclosed about the type of crypto used to purchase the luxury penthouse.

SolidBlock CEO said:

“We were overwhelmed by the amount of calls we received from qualified buyers, Real-world crypto transactions haven’t made their way fully into the mainstream yet, so it’s clear that top holders around the world pay attention when new opportunities to transact open up.”

The sale also comes just days after the explosive Bitcoin conference in Miami led by Twitter CEO Jack Dorsey and MicroStrategy CEO Michael Sailor. More than 12,000 people took part in the sold-out event, with thousands more watching online.

The Mayor of Miami aims to turn the city into the next Silicon Valley by embracing Bitcoin and other tech innovators.

Zilliqa and Zilliqa Capital Become Members of the US-based Chamber of Digital Commerce

Mark Brennan
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Zilliqa and Zilliqa Capital Become Members of the US-based Chamber of Digital Commerce

Zilliqa, a Singapore-based company with high security, high speed and low fees for the Layer 1 blockchain protocol and its subsidiary Zilliqa Capital, a Singapore-based technology company that aims to become the central business and investment hub for Zilliqa, announced that they have both become members of the US-based Chamber of Digital Commerce. The world’s leading trade association representing the digital asset and blockchain industry.


Amrit Kumar, co-Founder, President and Chief Scientific Officer at Zilliqa, said:

“With a large network of the world’s leading figures in the blockchain industry, it is indeed a privilege to join the Chamber of Digital Commerce alongside our peers in order to further the valuable discussions around digital assets and blockchain. By leveraging the Chamber’s network, we will be able to open as many doors as we can throughout the North American market for broader exposure for our community. ”

Through their membership, Zilliqa and Zilliqa Capital will be able to further expand their presence in the US market and partner with a brilliant list of partners and thought leaders in technology, digital assets, finance and politics, gaining critical access to new market and investment opportunities with some of the leading projects countries.

Michael H. Conn, Chairman, Chief Executive Officer and Co-Chief Investment Officer at Zilliqa Capital, said:

“With the global cryptocurrency market valued at close to $2 trillion and growing, and with real “brick and mortar” companies finally being built that are and will solve for real world challenges, we view this as the key moment to announce this partnership. We are seeking to invest in the best projects globally that can both generate revenues, while also helping to drive financial inclusion. North America and the US continue to be leading markets for innovation and we look forward to leveraging the Digital Chamber’s birds-eye seat to ensure we are abreast of critical regulatory and thought leadership developments happening in the global digital assets and blockchain industry.

Joining the Chamber of Digital Commerce is a key milestone for Zilliqa Capital as we continue to grow the Zilliqa ecosystem across the globe and foster greater conversation and collaboration between the leading US industry players in the blockchain space. This is a strong stepping stone for Zilliqa Capital towards our goal of putting $200 million to $1 billion to work in and around the Zilliqa ecosystem globally over the next two to three years, and ensures that we have a seat at the US-based dealflow table.”

Perianne Boring, Founder and President at Chamber of Digital Commerce said: 

“The Chamber of Digital Commerce is thrilled to welcome both Zilliqa and Zilliqa Capital into our membership, their mission to increase financial inclusion and champion actual use cases on blockchain technology platforms align well with the Chamber’s goal to promote the use and acceptance of blockchain based technology and digital assets.”

Given the preeminent role of the United States in shaping critical events around the blockchain and cryptocurrency sectors, membership in the Chamber of Digital Commerce will provide access to a large network of members and partners and allow Zilliqa to play a leading role in discussions on major political events such as security tokens, while at the same time providing broader access to the US blockchain industry for the global Zilliqa community.

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