China launches world’s first blockchain satellite into space, meanwhile, McDonalds Hong Kong brings McNuggets into the Metaverse.
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China’s blockchain satellite in space, Hong Kong’s McNuggets Metaverse: Asia Express
China launches world’s first blockchain satellite into space, meanwhile, McDonalds Hong Kong brings McNuggets into the Metaverse.
China’s blockchain satellite in space, Hong Kong’s McNuggets Metaverse: Asia Express
China launches world’s first blockchain satellite into space, meanwhile, McDonalds Hong Kong brings McNuggets into the Metaverse.
China’s blockchain satellite in space, Hong Kong’s McNuggets Metaverse: Asia Express
Chinese blockchain Sputnik’s maiden voyage
A Chinese satellite has become the first in the world to carry a blockchain imaging and screening system into orbit.
According to local news outlet Red Star News on July 22, the Tai’an Star Era 16 was successfully launched into orbit from the China Jiuquan Satellite Launch Center. Developed by NationStar Aerospace Technology Co., the satellite features a visual blockchain on-orbit certificate storage system dubbed ‘ADAChain’ (not related to Cardano) developed in-house by NationStar. Researchers wrote:
“The [ADAChain] can realize functions such on-orbit visual blockchain multi-signature authentication, on-orbit video visual broadcasting, and on-orbit visual remote sensing data storage certificate confirmation.”
The purpose of the satellite’s voyage is to “obtain rich spectral information on the surface of the target area,” in the fields of “precision agriculture, water resources management, mineral resource investigation, environmental monitoring, and emergency safety.” Blockchain technology will also assist in achieving the goals of “high spatial resolution, high spectral resolution, and high temporal resolution” in such satellite imaging.
The Tai’an Star Era 16 blockchain satellite Launch (RedStar News)Digital Yuan CBDC expands to Hong Kong
The Bank of China’s Hong Kong subsidiary has allowed individuals in the Special Administrative Region (SAR) to utilize the digital yuan central bank digital currency (e-CNY CBDC) for retail shopping.
China’s blockchain satellite in space, Hong Kong’s McNuggets Metaverse: Asia Express
Chinese blockchain Sputnik’s maiden voyage
A Chinese satellite has become the first in the world to carry a blockchain imaging and screening system into orbit.
According to local news outlet Red Star News on July 22, the Tai’an Star Era 16 was successfully launched into orbit from the China Jiuquan Satellite Launch Center. Developed by NationStar Aerospace Technology Co., the satellite features a visual blockchain on-orbit certificate storage system dubbed ‘ADAChain’ (not related to Cardano) developed in-house by NationStar. Researchers wrote:
“The [ADAChain] can realize functions such on-orbit visual blockchain multi-signature authentication, on-orbit video visual broadcasting, and on-orbit visual remote sensing data storage certificate confirmation.”
The purpose of the satellite’s voyage is to “obtain rich spectral information on the surface of the target area,” in the fields of “precision agriculture, water resources management, mineral resource investigation, environmental monitoring, and emergency safety.” Blockchain technology will also assist in achieving the goals of “high spatial resolution, high spectral resolution, and high temporal resolution” in such satellite imaging.
The Tai’an Star Era 16 blockchain satellite Launch (RedStar News)Digital Yuan CBDC expands to Hong Kong
The Bank of China’s Hong Kong subsidiary has allowed individuals in the Special Administrative Region (SAR) to utilize the digital yuan central bank digital currency (e-CNY CBDC) for retail shopping.
China’s blockchain satellite in space, Hong Kong’s McNuggets Metaverse: Asia Express
China launches world’s first blockchain satellite into space, meanwhile, McDonalds Hong Kong brings McNuggets into the Metaverse.
Gaming DAO warns users of fake airdrops amid social media hacks
The decentralized game publisher said their team has witnessed a significant rise in phishing attempts within their community and in the Arbitrum ecosystem.
Wyoming seeks ‘stable token’ commission head in first steps to establish state stablecoin
The state seeks someone with connections and expertise in the blockchain industry, promising a $150,000 annual salary.
Japan PM reaffirms Web3 plans as Binance announces imminent launch
Fumio Kishida described Web3 as a "new form of capitalism" in a keynote address at WebX conference in Japan.
Japan PM reaffirms Web3 plans as Binance announces imminent launch
Fumio Kishida described Web3 as a "new form of capitalism" in a keynote address at WebX conference in Japan.
Japan PM reaffirms Web3 plans as Binance announces imminent launch
Fumio Kishida described Web3 as a "new form of capitalism" in a keynote address at WebX conference in Japan.
US crypto's future could fall on these 4 digital asset bills
The crypto bills could hand power to the purportedly more crypto-friendly CFTC and better define the SEC’s jurisdiction.
Deribit's Bitcoin volatility index hits lifetime lows, hinting sideways action
The Bitcoin Implied Volatility Index has fallen to its lowest levels since the crypto options exchange launched the tracker in early 2021.
Reading the Elon Musk 'tea leaves' — Is Dogecoin coming for Twitter?
A subtle change in Elon Musk’s Twitter bio after his platform’s rebrand to “X” has again fanned the flames of speculation — that Dogecoin (DOGE) may have a future on the platform.
On July 25, eagle-eyed Twitter (now X) users began pointing out that Elon Musk’s profile location now sports both an “X” and a “D” — with X referencing Twitter’s new branding, while D has been interpreted to mean Dogecoin — a memecoin he has been publicly supportive of in the past.
Other observers, such as Real Vision CEO Raoul Pal came to a similar conclusion, albeit with different reasoning.
In a July 25 tweet, Pal said Musk would most likely use Dogecoin to make global payments for creators on the platform, noting that the eccentric billionaire already “owns a big chunk anyway” and “he likes it.”
When asked why Musk wouldn’t create his own platform-specific token for these payments, Pal suggested that Dogecoin could help Musk get around securities laws, giving him “zero execution risk.”
Binance and CEO Changpeng Zhao seeks to dismiss CFTC complaint
Binance, Changpeng Zhao and former compliance chief Samuel Lim intend to file two motions to dismiss a March lawsuit from the CFTC against them.
Crypto investors cool on Bitcoin funds, turning to Ether and XRP
Bitcoin-related investment products appear to have lost some of their sheen among crypto investors, recording its first week of outflows since Blackrock filed for spot Bitcoin ETF in June.
According to a July 24 report by CoinShares’ head of research, James Butterfill, Bitcoin (BTC) investment products saw outflows of $13 million for the week ending July 21, reversing five weeks of inflows.
Short Bitcoin products also saw outflows of $5.5 million in the week.
In contrast, Ethereum (ETH) and XRP (XRP) investment products recorded combined inflow of $9.2 million over the last week.
Butterfill noted that Ethereum investment products were the best performer last week with inflows of $6.6 million, while XRP funds recorded an inflow of $2.6 million. Other altcoins, such as Solana (SOL) and Polygon (MATIC) tracked inflows of $1.1 million and $0.7 million respectively.
Crypto investors cool on Bitcoin funds, turning to Ether and XRP
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.
Crypto investors cool on Bitcoin funds, turning to Ether and XRP
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.
Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
The two protocols will implement a standard for issuers to control the “canonical” minting of tokens, helping to reduce losses from unofficial bridges.
Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets
Terra co-founder Do Kwon is currently in Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets.