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BitFury News about Bitcoin and Ethereum, Blockchain Technology and Cryptocurrencies. FinTech, Startups and P2P Payments.

Mercedes-Benz and Polygon to develop a blockchain-based data sharing platform
29/07/2022

Mercedes-Benz and Polygon to develop a blockchain-based data sharing platform

Daimler South East Asia, a part of the Mercedes-Benz Group, announced a data-sharing network based on blockchain technology, which will use the Ethereum Layer-2 scalability platform Polygon. A new data-sharing platform under the name Acentrink, will let businesses purchase and sell and trade data in...

Number of new daily DOGE addresses climbs over 260% in 2 months
29/07/2022

Number of new daily DOGE addresses climbs over 260% in 2 months

The price of Dogecoin has been fluctuating over the last several weeks under the sentiments of the cryptocurrency market. But investors have not refused from the meme coin as it finds not only support but also new holders, which could soon benefit its price. In the last two months, the price of Doge...

Crypto Exchange Zipmex Goes Bankrupt
29/07/2022

Crypto Exchange Zipmex Goes Bankrupt

After weeks of rumors, cryptocurrency exchange Zipmex stated that it has filed for bankruptcy protection in Singapore in response to mounting legal threats from creditors. The Thailand-based crypto exchange is reported to have more than $50 million in exposure to Babel Finance and Celsius, crypto le...

Bitcoin holds $24K as USD taps 3-week lows on eurozone inflation report
29/07/2022

Bitcoin holds $24K as USD taps 3-week lows on eurozone inflation report

Bitcoin reached a $24,000 mark as support before the July 29 Wall Street open as fresh inflation data sparked worries for the euro. The day’s macroeconomic data delivered painful news for the European Economic Area (EEA). The latest data estimates for euro inflation at 8.9% for July. It is higher ...

Number of dApps in Polygon Network Exceeds 19,000
29/07/2022

Number of dApps in Polygon Network Exceeds 19,000

The team of developers of the Polygon network has reported about the achievements of the project during the first 6 months. It talked about their plans for the second half of 2022. They have informed that the number of apps operating on the network has reached 19,000. The monthly average number of t...

Solana-based Nirvana loses $3.5M to flash loan exploit
28/07/2022

Solana-based Nirvana loses $3.5M to flash loan exploit

After the chaos caused by counterfeit tickets in the UEFA Champions League 2022, crypto exchange Binance has launched the pilot of its NFT ticketing solution with football club Società Sportiva Lazio for the 2022 to 2023 season. Binance stated that NFT tickets will solve the problem of fake tickets...

Meta Sheds $2.8 Billion In Virtual Reality Division This Q2
28/07/2022

Meta Sheds $2.8 Billion In Virtual Reality Division This Q2

The results of Meta Platforms during the second quarter of this year were disappointing for Facebook. It is the first time the social media giant has experienced a massive drop in annual income. Meta segment, called Reality Labs, which focuses on the metaverse had quarterly losses of $2.81 billion.....

The US economy declined by 0.9% during the second quarter
28/07/2022

The US economy declined by 0.9% during the second quarter

According to data released on Thursday, the US economy lost 0.9% during the second quarter of 2022. After a decline of 1.6% in the first quarter the US economy shrunk by 0.9%. It is a technical recession by some definitions. According economists predictions the estimate for annualized growth to be 0...

Binance jumps into NFT ticketing after UEFA League fiasco
28/07/2022

Binance jumps into NFT ticketing after UEFA League fiasco

After the chaos caused by counterfeit tickets in the UEFA Champions League 2022, crypto exchange Binance has launched the pilot of its NFT ticketing solution with football club Società Sportiva Lazio for the 2022 to 2023 season. Binance stated that NFT tickets will solve the problem of fake tickets...

Neither LUNA nor SHIB, Ethereum is now the most-trending cryptocurrency
28/07/2022

Neither LUNA nor SHIB, Ethereum is now the most-trending cryptocurrency

During the rise of the cryptocurrency market the altcoins like Terra (LUNA) and Shiba Inu (SHIB) that have previously dominated the list have been dislodged. High capitalization assets are in the centre place. Second-ranked Ethereum continues to attract interest, recording significant gains within 2...

NFT Hacks Via Discord Could Be Connected
27/07/2022

NFT Hacks Via Discord Could Be Connected

According to TRM Labs, an analysis of recent hacks targeting NFT projects carried out through Discord shows that many of them are part of a larger string of attacks. Such attacks have rapidly risen over the past three months. Since May 2022, the NFT community has lost as much as USD 22m. Last June,....

Tether says that it holds no Chinese commercial paper
27/07/2022

Tether says that it holds no Chinese commercial paper

Stablecoin issuer Tether said today that it holds no Chinese commercial paper. In a statement, Tether informed that it has reduced its commercial paper value by $4.7 billion since the start of this month. It currently holds $3.7 billion of commercial paper in its reserves, It 88% less from $30 billi...

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