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Blockchain Ireland Week sees nearly 50 events across Ireland

This May between May 24th and May 31st sees a whole host of events happening across Ireland to celebrate Blockchain Ireland week. Organised by Blockchain Ireland, a group comprising representatives of major companies based in Ireland such as Consensys, with semi-state bodies such as the IDA and Enterprise Ireland (ie not the Blockchain Association of Ireland), there is a full range of events happening around the country including Dublin, Cork, Galway and other smaller events and social gatherings with people across the blockchain ecosystem. The full list of events is available at https://blockchainireland.net/blockchainirelandweek/ Highlights of the week include a hackaton

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This May between May 24th and May 31st sees a whole host of events happening across Ireland to celebrate Blockchain Ireland week.

Organised by Blockchain Ireland, a group comprising representatives of major companies based in Ireland such as Consensys, with semi-state bodies such as the IDA and Enterprise Ireland (ie not the Blockchain Association of Ireland), there is a full range of events happening around the country including Dublin, Cork, Galway and other smaller events and social gatherings with people across the blockchain ecosystem.

The full list of events is available at https://blockchainireland.net/blockchainirelandweek/

Highlights of the week include a hackaton hosted in Consensys in their offices in Dublin’s Ringsend, PR clinics from Wachsman PR running on multiple days, talks organised on a variety of topics by legal and crypto companies, as well as some of the more popular meetup groups such as Dublin Crypto Talks, the IDA, AIB, Mastercard, and some talks by the BlockW, a female led group which is running a number of events across the week.

The week coincides with a major international meeting organised by the National Standards Authority of Ireland which is hosting an ISO meeting which aims to set standards across the blockchain and distributed ledger industries.

We’ll be attending several of the events across the week, and we’ll publish some news next week with some coverage of the events.

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Source: https://bitcoinsinireland.com/blockchain-ireland-week-sees-nearly-50-events-across-ireland/

Blockchain

The BMeebits.com Collection of 3D NFT Models on the Binance Smart Chain was Sold Out in 12 hours

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[PRESS RELEASE – Please Read Disclaimer]

The minting of 3D models from the BMeebits NFT collection began on September 10th and finished the same day, faster than analogous projects with big names such as TronMeebits and Larva Labs. The volume of the BMeebits minting amounted to 1.7 million dollars.

The BMeebits collection of 3D NFT models consists of 20,000 characters, all of which have found their first owners through minting. The BMeebits collection consists of nine types of characters with various levels of rarity, including Changpeng Zhao, the founder of Binance, and also a unique panda with a stylish Binance and BSC outfit. Each BMeebits could be minted for 0.2 BNB, which is roughly $80 according to today’s exchange rate.

The project included a reward system for buyers, depending on the quantity of BMeebits they minted, that amounted to a total 400 BNB distributed between buyers. By minting 50 BMeebits or more, users could receive up to 3% cashback on all of the purchased BMeebits, and for minting 150, the cashback increased to 7%. Thus, 120 and 280 BNB were distributed among all users.

The BMeebits decentralized development team have stated that they are currently focused on the next stages of developing the project: the release of the marketplace, expected on the 16th of September, where users will be able to buy, sell, and assemble their collection of BMeebits. BMeebits also plans to launch their staking, the governance token, and the corresponding infrastructure within 45 days.

Staking BMeebits will provide users with the opportunity to receive the governance token in return, by freezing their BMeebits in the smart contract. This will give users an initiative to hold onto their BMeebits and not sell them on the marketplace, thus creating a deficit of BMeebits, which will favorably affect their value in the future.

After all of the BMeebits were minted, users began to actively trade their characters. Currently, the value of the largest off-exchange BMeebit trade stands at $100,000, providing the particular participant a 6,000% profit in one day.

About the Project:

BMeebits is a decentralized team of developers that is interested in popularizing the NFT ecosystem. It is actively working on creating new infrastructure and new innovative blockchain products.

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Source: https://cryptopotato.com/the-bmeebits-com-collection-of-3d-nft-models-on-the-binance-smart-chain-was-sold-out-in-12-hours/

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Blockchain

Stratis Joins ‘APPG Blockchain’ to Help Guide UK Blockchain Policy

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[PRESS RELEASE – London, United Kingdom, 20th September 2021]

Stratis has joined the UK’s All Party Parliamentary Group on Blockchain (APPG Blockchain) to contribute its knowledge and experience of deploying blockchain for innovative use-cases. APPG Blockchain includes organisations like Capita, the IOTA Foundation, SAP and the British Standards Institute (BSI) who collaborate with an array of experts in public evidence-forums to provide tangible recommendations to policy-makers working on the UK’s approach to blockchain.

As one of the UK’s most prominanent blockchain projects the Stratis team will contribute its knowledge and experience from serving enterprise and open-source blockchain use cases.

The APPG on Blockchain is currently focused on furthering undersetaning of ‘Blockchain-as-a-Service’ and the opportunities it presents for UK organisations. As the world’s most developed BaaS provider Stratis will share examples of early use cases for its BaaS platform as well as help to inform recommendations on how the UK can make it easier for organisations to benefit from the collaborative and efficient approach that BaaS enables.

Other specific areas of focus are Decentralised Finance (DeFi) where Stratis will contribute its understanding from building interoperability between the Stratis blockchain and Ethereum, as well as the role of Decentralised Exchanges, ahead of the release of ‘Opdex’, the first DEX native to the Stratis blockchain. This workstream is expected to help UK financial services firms to engage with and benefit from the DeFi revolution.

Also on the group’s agenda for 2022 are stablecoins and Central Bank Digital Currencies (CBDC). Stratis recently announced the world’s first Sterling backed stablecoin, known as GBPT, to support digitally issued equities and debt instruments. With GBPT any natively digital securities will be able to yield dividends or income more efficiently using digital currency.

Professor Birgitte Andersen, CEO, Big Innovation Group and Secretariat APPG on Blockchain said: “Adding Stratis, one of the UK’s most established and innovative blockchain platforms, brings additional real-world experience to the APPG on Blockchain. Blockchain technology is transforming many areas of business, fiance, public services and our lives and the UK has a real opportunity to take a leadership role that supports economic value creation, high skilled jobs and a fairer society.”

Chris Trew, Founder & CEO, Stratis commented: “Collaboration is central to the original vision of blockchain and we’re pleased to be working with UK policy-makers and enterprises to help all stakeholders in the UK benefit from the transition to blockchain. Since leaving the European Union the UK has the autonomy to chart its own course on blockchain, it’s a huge opportunity to position the nation for the next big technology transformation.”

About Stratis

At Stratis our mission is to simplify the adoption of blockchain technology within existing computing environments.

To deliver on this mission we have built a Blockchain-as-a-Service (BaaS) platform written entirely in C# and based on the Microsoft .NET Core framework. This means more than 10m developers across the world with C# skills can easily apply blockchain within their existing tech stack.

Decentralized and highly secure, the Stratis blockchain offers an ideal platform for deploying decentralized applications incorproating smart contracts. Over $2 Billion in value has been successfully secured on the Stratis public blockchain.

Stratis is more than blockchain infrastructure. We work with developers to help them understand how tokenization and blockchain can drive value.

Our platform is used today by gaming companies to support new models like play-to-earn, by enterprises for supply-chain optimization as well as for DeFi & NFT use cases.

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Source: https://cryptopotato.com/stratis-joins-appg-blockchain-to-help-guide-uk-blockchain-policy/

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Blockchain

$12M in Bitcoin Stolen in the Latest DeFi Hack Against the Cross-Chain Protocol pNetwork

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The cross-chain DeFi protocol, pNetwork, has informed that it has become the latest victim of a security breach. By leveraging a codebase bug, the unknown perpetrator has stolen 277 bitcoins.

  • As announced by the team behind the project, the hacker “was able to leverage a bug in our codebase and attack pBTC” on the Binance Smart Chain (BSC). Ultimately, he managed to take 277 bitcoins, most of which were collateral.
  • Even with today’s prices when the cryptocurrency dumped by $4,000 in 24 hours, this substantial amount has a USD value of over $12 million.
  • The project updated later that it had identified the bug, proposed a fix, and was waiting for “everyone to review it.”
  • pNetwork reassured that all other bridges of its network were not affected and the remaining funds stored are safe. Additionally, the breached bridges should become operational once again soon.
  • The team also had a message to the “black hat hacker,” offering a “clean” $1.5 million bounty if they return all funds.
  • While pNetwork admitted that the chances of such a scenario are slim, it wouldn’t be a precedent. As reported before, Poly Network was also exploited for more than $600 million in different digital assets. However, Mr. White Hat, as the project named the perpetrator, ultimately returned all funds and even rejected the offered bounty.
  • It’s worth noting that the native cryptocurrency of pNetwork – PNT – has dumped by 20% on a 24-hour scale and currently sits below $1.
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Source: https://cryptopotato.com/12m-in-bitcoin-stolen-in-the-latest-defi-hack-against-the-cross-chain-protocol-pnetwork/

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