It was a big week for blockchain technology, people! 😃 Money is currently flowing into blockchain from all angles, and we’re here for all of it.
Also, we’re seeing real NFT progress and fake Walmart news. What a week it’s been 😅.
Flowers for Vitalik 💐
We all know that crypto is everywhere. In a year when cryptocurrencies are playing big roles in society, it’s only right that some notable names get their recognition. TIME Magazine revealed its 100 Most Influential Peoples’ list last week, and Ethereum co-founder Vitalik Buterin made the cut! Vitalik’s inclusion is because of his amazing work building Ethereum into what it is today. Side Note: the Dogefather Elon Musk is also on the list 🐶.
Cardano Just Got Smart 🧠
Monday was a big day for the Cardano blockchain. After months of work, the blockchain’s developers finally added smart contracts to it 👏. Now, developers can now build decentralized applications (dApps) on Cardano. The blockchain will also be able to compete with Ethereum in areas like decentralized finance (DeFi). Cardano is now playing with the big boys!
Making it Rain on the Blockchain💰
Technology doesn’t wait for anyone. The European Union (EU) understands this, and they’re throwing big money at next-generation technology. Last week, the EU invested $177 billion into different technologies, and blockchain actually made the cut 🤑. Investments will also go into areas like 5G and quantum computing. Real high-tech stuff, people.
Walmart Says, “Nope” 🚫
This week, we got some exciting news after the official Litecoin Twitter page announced that Walmart will be accepting the coin as a payment method. But, before we could start celebrating, Walmart denied the rumors 😩. Apparently, someone had made a fake press release and published it. As the kids say, it was all fake news. Good one, pranksters; you got us.
A “Master Token” 🔥
Everyone is still feeling the non-fungible token (NFT) fever – even big companies. On Thursday, MasterCard – one of the biggest credit card companies – minted its NFT in collaboration with popular football coach José Mourinho ⚽. The token is expected to go to a MasterCard holder in the U.K. So, if you’re a British MasterCard holder, this could be your shot to jump on the NFT train – of the NFTrain (see what we did there? 🙃).