Technology

Ark’s 1 Million Token Grant Fund Drives Community Innovation

Source Node: https://cointelegraph.com/news/arks-1-million-token-grant-fund-drives-community-innovation
Time Stamp: April 2, 2020 3:49 AM - Modified On: August 29, 2021 - Published By:
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Interoperable blockchain project Ark (ARK) designated one million ARK valued at roughly $150,000 toward its new development grants program on March 24.While the grant program was launched one week ago, Ark’s Strategic Partnerships Manager, Ray Alvarez, told Cointelegraph that it has already received proofs-of-concept from developers.The program exclusively funds “proposals involving technical deployments and usage of [the] ARK technology stack.”The applications include standalone applications and plugins, including development contributing to Ark’s decentralized private messaging application, desktop wallet, and transaction plugins.In addition to sparking development for specific applications, Alvarez states that

Investment in Blockchain in Energy Markets Will Top $35 Billion by 2025

Source Node: https://cointelegraph.com/news/investment-in-blockchain-in-energy-markets-will-top-35-billion-by-2025
Time Stamp: April 2, 2020 2:12 AM - Modified On: August 29, 2021 - Published By:
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According to a new report released by Premium Market Insights (PMI), global investment in blockchain technology in energy markets is set to reach $34.7 billion by 2025. Valued at just $156.5 million in 2016, the sector is forecast to grow at a rate of 82% a year. Although $35 billion seems high, it’s dwarfed by the net worth of $1.85 trillion for the energy market as a whole. Key players using blockchain and DLT in the field include Accenture, AWS, Bigchaindb, Deloitte, IBM, Infosys, Microsoft, Nodalblock, Oracle, SAP, Enosi, and Electron. Blockchain

Brave Browser Gains 1M New Users in a Single Month

Source Node: https://cointelegraph.com/news/brave-browser-gains-1m-new-users-in-a-single-month
Time Stamp: April 1, 2020 7:34 PM - Modified On: August 29, 2021 - Published By:
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Open-source internet browser, Brave, tallied more than one million new users in March alone, a tweet from Brave’s head of marketing, Des Martin, detailed on April 1. Isolation has increased web trafficWith much of the world limiting their exposure to the coronavirus through self-imposed quarantine, web usership has undoubtedly increased.As a result, various internet-based services have hosted significantly greater demand for activities such as web browsing, gaming, and shopping, a March 20 Bloomberg article stated.  Brave sees increased attentionSome of this attention has been funneled toward Brave, as evidenced by its spike

A Crypto Venture Fund Bought the Most Tokens at MakerDAO’s Debt Auction

Source Node: https://cointelegraph.com/news/a-crypto-venture-fund-bought-the-most-tokens-at-makerdaos-debt-auction
Time Stamp: April 1, 2020 2:21 PM - Modified On: August 29, 2021 - Published By:
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An auction to recapitalize MakerDAO (MKR) after the mid-March market turmoil successfully concluded on March 28, bringing in over $5 million worth of DAI. Crypto venture fund Paradigm Capital revealed in a March 31 tweet that it won approximately 68% of the auctioned tokens.The company had previously pledged to join a “backstop syndicate” and cover the entire system shortfall if necessary. Acting as a so-called “backstop,” the group would act as the buyer of last resort by purchasing the MKR tokens if their price fell to $100. (The auction’s starting

Celo to Issue at Least $15.7 Mln in Community Grants During 2020

Source Node: https://cointelegraph.com/news/celo-to-issue-at-least-157-mln-in-community-grants-during-2020
Time Stamp: April 1, 2020 12:34 PM - Modified On: August 29, 2021 - Published By:
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Open-source payments network, Celo (cGLD), announced on March 31 that it had awarded $700,000 in developer grant funding to 16 startups looking to build on the Celo network. Cointelegraph spoke to Xochitl Cazador, the head of ecosystem growth at cLabs — the company behind Celo — to discuss what they look for from grant applicants, and Celo’s plans for 2020.Celo provides grant funding to 16 startupsCazador states that the most important criteria applicants are assessed on is whether they “support Celo’s mission of building an open financial system that creates conditions

Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto

Source Node: https://cointelegraph.com/news/feds-quantitative-easing-strategy-holds-long-term-benefits-for-crypto
Time Stamp: April 1, 2020 11:30 AM - Modified On: August 29, 2021 - Published By:
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These are perilous times, and it hasn’t escaped anyone’s notice that the United States Federal Reserve is doing its part to alleviate the suffering — which began with the coronavirus pandemic and has spread to the global economy. It’s printing more money. “There is an infinite amount of cash at the Federal Reserve,” Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, told Scott Pelley of CBS on March 22, adding: “We will do whatever we need to do to make sure there is enough cash in the financial

Evolution of‘Payments’ Will Bolster Next-Generation Businesses

Source Node: https://medium.com/datadriveninvestor/evolution-of-payments-will-bolster-next-generation-businesses-f670ff793f80?source=rss-------8-----------------cryptocurrency
Time Stamp: April 1, 2020 9:36 AM - Modified On: August 29, 2021 - Published By:
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Humans have always been on a developmental journey. When we are born into thousands of years of inventions and improvements, it’s easy to take for granted what’s around us— as if they always existed. We seldom think about the changes it took to get to where we are.Take for example, the creation of language and how that opened up a new course in human history. How it led to communication, collaboration, communities and organizations. From there, people organized a set of doctrines and came up with story-telling, a precursor to

Berkeley Blockchain Xcelerator Director on What DLT Startups Need to Succeed

Source Node: https://cointelegraph.com/news/berkeley-blockchain-xcelerator-director-on-what-dlt-startups-need-to-succeed
Time Stamp: April 1, 2020 9:28 AM - Modified On: August 29, 2021 - Published By:
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The Berkeley Blockchain Xcelerator — an incubator for early stage distributed ledger technology startups at the University of California, Berkeley — recently launched its spring cohort, which includes startups seeking to fight COVID-19, launch a cannabis-themed massively multiplayer online game and create a reverse auction platform for loans.Cointelegraph spoke to Jocelyn Weber, the director of the Xcelerator, to find out more about the resources the program offers to startups, success stories from previous cohorts and advice for startups looking to launch in the crypto space.Cointelegraph: Could you give an overview

Cardano’s Byron Reboot Goes Live, Paving Way to Shelley Mainnet

Source Node: https://cointelegraph.com/news/cardanos-byron-reboot-goes-live-paving-way-to-shelley-mainnet
Time Stamp: April 1, 2020 8:17 AM - Modified On: August 29, 2021 - Published By:
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Proof-of-stake (PoS) blockchain Cardano (ADA) went live with its Byron reboot yesterday, March 30, as the project prepares its transition to the Shelley mainnet.Announced by Cardano’s developer, the peer-to-peer technology firm Input Output Hong Kong (IOHK), the reboot involves a series of updates to major components of the Cardano network — the Cardano node, explorer, and Daedalus wallet backend, which is being spun out as a new version, Daedalus Flight.A process, not an eventIn an outline of the reboot’s significance, which has taken 18 months to complete, IOHK explained that