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Date: 09/20/2021

“No one person could’ve possibly come up with all of the uses for Ethereum, but it did take one person’s idea to get it started. From there, a new world has opened up, and given rise to new ways of leveraging blockchain technology.” — Ohanian, Reddit co-founder

Weekly News Report:

1. The Dow Jones Industrial Average has dropped as much as 2.4% — which, as a reminder to crypto traders, is in fact a whole lot in equities markets. …


Date: 09/17/2021

“We have erected this statue to remind ourselves courage is virtue. We need to keep on dreaming big.” — Debreczeni Barnabás, CEO of Hungarian crypto exchange Shinrai

Weekly News Report:

1. PayPal officially announced on Friday that all eligible customers in the United Kingdom can now buy, hold and sell cryptocurrencies using their PayPal accounts. Customers can trade four major cryptocurrencies: Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).

2. A bronze depiction of legendary Bitcoin creator Satoshi Nakamoto is now on display for visitors of Graphisoft Park in Budapest. The creation of the monument to…


Date: 09/14/2021

“I think investors and potential investors have nothing to be scared about. Governments that realize the true potential of cryptocurrencies and bring in policies to support the innovation will be the leaders of the future.” — Evan Luthra

Weekly News Report:

1. The price of litecoin surged Monday morning after a fake press announcement was released saying retail giant Walmart intended to offer its customers the option to make payments in crypto via a new partnership with the Litecoin Foundation. …


Date: 09/10/2021

“Right now we’re dealing with a centralized, manipulated marketplace. This puts it into the open crypto and NFT marketplaces.” — Josh Katz, YellowHeart CEO

Weekly News Report:

1. Blockchain cybersecurity company GK8 announces custody partnership with Stellar, a move that could spark institutional interest in the Stellar Lumen (XLM) token. By integrating with Stellar, customers of GK8 can access XLM investments in a custodial setting, opening the door to offline transactions of digital currency.

2. Similar to Tom Brady’s, the celebrated Golden State Warriors guard Stephen Curry seals the FTX crypto pact. …


Date: 09/06/2021

“We foresee a future of Bitcoin, the digital reserve asset, complementing the dollar reserve currency.” — Mike McGlone, Bloomberg senior commodity strategist

Weekly News Report:

1. The Cardano blockchain’s ADA token, the third-largest cryptocurrency by market capitalization hit an all-time high Thursday of $3.09, after breaking past $3 on Wednesday.

2. The price per token for Solana’s SOL is now up roughly 8,270% year to date. SOL is soaring again on Friday, climbing roughly 12.6% over the last 24 hours, and it set a record high for its price in today’s trading. The token has surged roughly 276.5%…


Date: 09/03/2021

“Time is the ultimate currency.” — Elon Musk

Weekly News Report:

1. Solana skyrockets to a new high, amassing nearly $40 billion in market value as competition with ethereum heats up.

2. Fashion brand DKNY is updating its logo and launching it as an NFT to promote it. The brand will auction the NFT and donate the proceeds to the American Nurses Foundation.

3. South Korean telecommunication giant KT Corp announced its intent to launch a blockchain digital document initiative to tackle carbon emissions. …


Date: 08/30/2021

“Seven years ago today, Hal Finney left us. Rest in peace to the husband, father, and cypherpunk who contributed to #Bitcoin in ways we’ll all never forget.” — Documenting Bitcoin

Weekly News Report:

1. United Kingdom-based multinational banking firm Standard Chartered has launched a blockchain-powered trade finance platform through a joint venture with Chinese supply chain finance technology provider Linklogis. Dubbed Olea, the platform will aim to meet the needs of institutional investors that are “seeking opportunities in an alternative asset class with businesses requiring supply chain financing.”

2. Fantom (FTM), a layer one smart contract platform that…


08/28/2021

The demonstration occurring on July 30 when transactions on Binance Smart Chain outstripped Ethereum’s, GameFi has demonstrated the potential to be the next blockchain battleground after DeFi. General partner at the venture capital firm Andreessen Horowitz, Arianna Simpson said, “The intersection of crypto and gaming is one of the most exciting areas in tech today.” GameFi is a mixture of DeFi and video games, a gamified monetary sector through which customers could make income by enjoying video games. Another widespread time period for this space is “play-to-earn.”

Play-to-earn is a high-potential area within the NFT space, and we’re already…


Date: 08/27/2021

“… something more than a game but less than the real world. The metaverse is to virtual worlds as a website is to the internet.” — Herman Narula, CEO of Improbable

Weekly News Report:

1. Square and Twitter CEO Jack Dorsey, tweeted on Friday that TBD, payment giant Square’s new division focused on creating an open developer platform, is planning to build a decentralized bitcoin exchange to make it easier to offer non-custodial, decentralized financial services.

2. The U.S. Securities and Exchange Commission has reportedly signed a $125,000 deal with blockchain analytics firm AnChain.AI …


Date: 08/23/2021

“We think NFTs will play an important role in the future of retail, social media, entertainment and commerce.” — Cuy Sheffield, Visa’s head of crypto

Weekly News Report:

1. PayPal is extending its crypto service to the U.K., allowing customers to buy, sell and hold four different cryptocurrencies on its platform. The rollout is the first expansion of PayPal’s crypto offering outside the U.S.

2. Stablecoin USDC will be 100% backed by cash and short-term U.S. Treasurys by September, developer Circle announced. …

WageCan

All you need to know about Blockchain, and occasionally some announcements for WageCan’s services.

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