Decentralized Oracle Empiric Network Raised $7M Led by Variant

Decentralized oracle on StarkNet, an Ethereum Layer 2 network (a scaling solution) – Empiric Network has secured $7 million in funding led by Variant. Empiric Network integrates smart contracts with data from cryptocurrency exchanges and large market makers, connecting them to retrieve or send information. Unlike traditional centralized oracles that lack data transparency, Empiric Network … Read more

CoinFlex to Allow Users to Withdraw up to 10% of their Balance

According to Bloomberg News, CoinFlex will allow users to later withdraw 10% of their balance after suspending withdrawals last month. On June 29, CoinFlex CEO Mark Lamb revealed on Twitter that cryptocurrency investor Roger Ver owes the company $47 million. The founder failed to repay CoinFlex, and the crypto exchange suspended withdrawals in June. CoinFlex canceled … Read more

Kia America Deploys NFTs in New Creative Campaign Debuting the New 2023 KIA Soul Model

Kia America, a leading automotive brand, has launched a new creative campaign featuring non-fungible tokens (NFTs) for its iconic 2023 Kia Soul model. Per the announcement: “The 30-second spot features NFTs as talent and incorporates a unique QR code embedded into the creative.” Therefore, viewers will have the opportunity to attain one of … Read more

At least 70% of Global Finance Leaders Believe CBDCs Will Spur Financial Inclusion – Ripple Study

Central bank digital currencies (CBDCs) have triggered overwhelming consensus among global finance leaders, according to a survey by Ripple, a leader in enterprise crypto and blockchain solutions. The study called “New Value Report” interviewed 1,600 worldwide finance leaders and found a heavy inclination towards CBDCs. Ripple stated: “More than 70% of respondents surveyed across … Read more

Circle Publishes Inuagural USDC Reserve Treasury Report for June

Co-Founder and CEO of Circle, Jeremy Allaire has announced the release of the company’s first monthly USDC reserve report for the month of June. Highlighting on Twitter, he affirmed the move as part of the stablecoin issuer’s strategy of expressing its commitment to increasing transparency and disclosure around USDC. The report showed a detailed breakdown … Read more

Bitcoin’s Balance on Exchanges Hits a 4-Year Low Amid Traders Becoming Overly Optimistic

As Bitcoin (BTC) continues hovering around the $20K area, the balance on exchanges is shrinking. Market analyst Ali Martinez explained: “The last time the BTC balance on exchanges was below 2.38 million BTC was in late July 2018 when Bitcoin was trading at around $8,000.” Source:Glassnode   Bitcoin exiting crypto exchanges is bullish … Read more

SEC dismisses claims against John McAfee, fines accomplice for ICO promo

The United States Securities and Exchange Commission (SEC) obtained the final judgment for an initial coin offering (ICO) promotion scheme against late entrepreneur John McAfee and accomplice Jimmy Gale Watson, Jr., filed on October 5, 2020.  In the original complaint, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that … Read more