Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Huawei
Pinkslip Finance Boards the Huawei Cloud X Morpheus Labs LaunchPad
Recently, Pinkslip Finance announced it has officially joined the jointly developed Huawei Cloud Singapore and Morpheus Labs launchpad. The NFT-based platform became one of the very first networks to acquire the services of the innovative launchpad. Moreover, Huawei Cloud and Morpheus have promised to pour in resources to give blockchain solutions to Pinkslip Finance, among other projects. Pinkslip Finance announced its excitement to work with Huawei Cloud PAC on Twitter. In recent times, many have considered Huawei as the leading…
4 years ago
China Uses Huawei Blockchain Platform to Farm People’s Data
China is not losing a second in the adoption of blockchain technology. Its latest collaboration with Huawei has given birth to a decentralized platform that will farm the Chinese people’s data and store it on a massive, immutable network available only to the government. While it may seem like a normal, evolutionary step of mass surveillance technology in China, the recent initiative is another sign that the Chinese government is desperate to research and employ emerging technologies ahead of its…
5 years ago