BSV surpasses BTC blockchain in data size

A bitcoin image.

The Bitcoin SV (BSV) blockchain has surpassed BTC in accumulated data size, according to Bitcoin Association, which works to advance business with the BSV blockchain and digital currency.

On May 16, 2021, the accumulated growth (in data size) of the BSV blockchain surpassed the BTC blockchain for the first time, with the total data stored on-chain reaching 352.9 GB on the BSV network compared to 352.4 GB on the BTC network on that date. Since then, BSV continues to extend its lead...

Atari takes steps to enhance its blockchain division

An Atari console

Interactive entertainment producer Atari has unveiled the next stage in the strategic development of its Atari Blockchain division.

The group continues to prioritise the development of NFTs, market places and virtual universes, notably by entering into a new license with CBI (Crypto Blockchain Industries SA), a company founded and led by Frédéric Chesnais, for the development of a blockchain enabled virtual worlds.  

This adds to licenses already granted to...

£8.6 billion investment gap in blockchain and AI is holding back the EU

A pile of 100 Euro notes.

The European Union (EU) needs to invest €10 billion (£8.6 billion) more each year in order to stay in the global artificial intelligence and blockchain race.

This was the stark warning from the European Investment Bank (EIB) and European Commission in its latest new study on the state of play in AI and blockchain technologies in the EU - ‘Artificial intelligence, blockchain and the future of Europe: How disruptive technologies create opportunities for a green and digital...

Daymak Spiritus will be world’s first electric car to mine cryptocurrency while parked

Daymak crypto mining platform.

Daymak, a light electric vehicles (LEVs) manufacturer, has revealed its upcoming Spiritus electric car will include Daymak Nebula, Daymak’s patent-pending cryptocurrency infrastructure. 

The Spiritus, launching in 2023, is the electric car offering in the Daymak Avvenire series, a lineup of EVs spanning e-bikes all the way up to flying electric vehicles.

Daymak is accepting Spiritus pre-order payments in a multitude of cryptocurrencies including Doge, Ethereum,...

Weekly NFT roundup May 19-25: OneOf, Propy and Charlie Bit My Finger

A diary.

Investors plough $63 million into music NFT platform OneOf

Non-fungible token (NFT) platform OneOf has raised $63 million in a seed round from prominent tech and music industry veterans.

The platform was co-founded by tech entrepreneur Lin Dai, digital media executive Joshua James, and music industry veteran Adam Fell, in partnership with Quincy Jones and Quincy Jones Productions.

OneOf says it aims to break down economic barriers to entry in the NFT...

Guggenheim co-founder backing New York-based blockchain tower

Manhattan skyline.

Todd Morley, a co-founder of global investment firm Guggenheim Partners, has thrown his financial backing behind a new blockchain tower in midtown Manhattan, New York.

A wireless network that improves access to digital ledgers (a set of technologies that underpin digital currencies) will be incorporated into the building at 111 West 57th Street.

The skyscraper will also include a museum for non-fungible tokens (NFTs), units of data that certify a digital asset to be...

Commerzbank completes successful blockchain-based payment test

Carsten Bittner, Divisional Board Member responsible for Technology Foundations at Commerzbank.

Germany-based Commerzbank has successfully completed a supply chain blockchain project along with chemicals firms, Evonik and BASF.

Together the companies tested a shared blockchain platform to efficiently handle bilateral supply chain processes between companies in a live environment. 

During the pilot, payments between Evonik and BASF were checked, paid and booked in a fully automated and digital manner by means of a programmed payment...

How can cryptocurrency achieve mainstream adoption?

A pile of bitcoins.

Tesla founder Elon Musk ensured Bitcoin remained in the headlines this week, backtracking on comments he made that had suggested he might throw his support behind Dogecoin instead of Bitcoin.

During one of many recent Twitter spats, Musk tweeted: “Obnoxious threads like this make me want to go all in on Doge."

Rumours had already begun circulating that Tesla planned to sell the bitcoins it purchased for $1.5 billion (£1.06bn) in February 2021. Subsequently, Bitcoin...

Weekly NFT roundup May 5-11: Music and wine industry updates – plus a meta definition

Another week, another roundup of NFT stories which would have sounded remarkable at the start of this year. Yet as The Block continues to document, many industries are getting on board with the concept, from real estate, to various consumer products.

Here are the highlights from the past seven days in chronological order:

Merriam-Webster offers the NFT of the definition of NFT

Dictionary guardian Merriam-Webster has, as of this morning (May 11), added NFT to...

Blockchain in healthcare: The applications which are potentially ‘transformational’

Feature From South Korea to the US, governments this year have been trying to develop blockchain-based technologies to track citizens’ vaccination status whilst maintaining a respect for individual privacy. Aside from the controversies of this topic, the situation has thrust blockchain’s potential in the healthcare industry into the limelight moreso than ever before, at a time when the industry faces an increasing number of challenges.

With developed countries spending an...