Blockchain technology has started to permeate society in a variety of ways outside of being a leger for digital transactions. Recently, SLAFKA, the world’s first blockchain prototype for safeguarding nuclear materials, was awarded the third prize for Innovation in Global Security by the Geneva Centre for Security Policy under its Geopolitics and Global Futures program. Unveiled in March 2020, SLAFKA relies on blockchains immutable ledger to add layers of trust, efficiency, reliability, and transparency to the management and safeguards of nuclear material.
In a press release issued Thursday, Bitdeer Technologies announced it has agreed to a future merger with blank-check firm Blue Safari Group Acquisition Corp to become a publicly traded company on the United States stock market.
The Sandbox and its native token SAND have been seeing a steady inflow of new funds which resulted in the SAND token hitting an all-time high of $3.61 on November 17th. Since breaking out, the SAND token has given into selling pressure and has retreated back below the $3.30 support level. While further selling pressure is possible in the short term, the growing excitement surrounding the metaverse and virtual properties has driven the price of virtual land higher.
For the first time since November 1st, Bitcoin’s valuation dropped below $60,000 in overnight trading as the passing of the US infrastructure bill and a continued crackdown on cryptocurrency mining in China pulled the market down for the most popular digital coins.
During September 2021 El Salvator formally started accepting Bitcoin as legal tender and continues to be on the forefront of the move to mass crypto adoption. Today, President Nayib Bukele announced that Bitcoins presence in his country is so prolific that the number of citizens using digital wallets has outgrown those that have traditional bank accounts.
Riot Blockchain has been expanding at a rapid rate which is also visible in their quarterly earning reports and all eyes will be watching as they release their third quarter results this afternoon.
Twitter Crypto, a new division with Tess Rinearson as the engineering lead, is being launched to focus on blockchain technology, cryptocurrencies, and other decentralized technologies. The team will also focus on perfecting the Bitcoin tipping platform which was launched earlier this September and to improve the proof of identity service via non fungible tokens.
Proof of Work (PoW) mining has come under fire by Swedish financial and environmental regulators. A recent proposal was signed by both the Financial Supervisory Authority and the Environmental Protection Agency that points out many of the common but often misplaced fears about Bitcoin and cryptocurrencies.
Cardano’s ADA token kicked off trading early Tuesday morning by outpacing both Bitcoin and Ethereum, gaining 13% and rising up to hit a valuation of $2.30. Both Bitcoin and Ethereum are in a new price discovery phase and have been hovering around their respective all-time highs. Cardano’s recent movements have lit a new fire for altcoin enthusiasts who hope that ADA will join in on the current crypto bull run.
Mastercard has displayed a continued commitment in continually expanding its footprint within the crypto sphere via partnerships and various acquisitions while also displaying increased internal support for cryptocurrencies on its own platform.