Bitcoin Bank Vaults El Salvador’s Crypto Dream: Can It Weather The Storm?
El Salvador, a small nation in Central America, is making a colossal wager on the future of cryptocurrency. President Nayib Bukele is spearheading a series of audacious initiatives designed to transform El Salvador into a Bitcoin paradise, attracting billions in foreign investment and propelling the country towards economic prosperity. But will this bold gamble pay […]
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Digital assets of The Weather Company has been acquired by data giant IBM, a company that is also invested in blockchain technology. Part of this deal sees the weather.com website, together with several other ventures, change hands. The ever popular Weather Channel is not part of this agreement, as the television network will become independent from now on. IBM will now have access to the weather dot com website, along with Intellicast, Weather Underground, and WSI. Especially that latter service is of great interest, as this platform is known for its data and private forecasting....
Yearn.finance (YFI), a leading decentralized finance protocol, has been hyping up the launch of its v2 Vaults. While Yearn.finance is an umbrella DeFi ecosystem, it is currently best known for its Vaults product. Vaults are contracts where users can deposit cryptocurrencies such as Ethereum, USDC, YFI, and others to earn a regular yield paid in […]
The price of bitcoin is currently at its highest level since 10th of April, when the value experienced a massive surge amidst the financial crisis in Cyprus. In fact, there have only been two days in the history of the digital currency that the price of bitcoin has been higher than the $171 it is now, at the time of writing. But what is causing the current spike? Well, it seems there are a few possibilities. The demise of Silk Road. The closure of black marketplace Silk Road by the FBI on 2nd October was seen as a real make-or-break moment for bitcoin - if it could weather this storm, it....
With the growing threat of climate change, many industries need precise weather forecasting every hour. Plugin’s blockchain solution provides decentralized, verifiable weather data. Problems with existing weather information technology Weather intelligence platforms collect weather-related information from distributed radar and satellite systems. While this is useful for gathering data from remote corners of the world, it […]