Stablecoins, IOU tokens, and future incentive programs are coming down the pipe for jilted investors. After a devastating hack, a cross-chain decentralized finance (DeFi) protocol has revealed today a temporary compensation plan for token holders and investors impacted by one of the largest exploits in DeFi history. In a Tweet today, EasyFi announced their âInterim Compensation… More
Introduction If you have been following the news and content in the field of cryptocurrencies in some way or are active in this field, you have probably heard or are familiar with the term initial coin offering (ICO). In the field of cryptocurrencies, developers and idea makers in this field can provide funding for their […] More
Five pilot programs will gather data on a digital dollar in the United States over the next 12 months. Fortune 500 company Accenture has teamed up with Digital Dollar Foundation to conduct Central Bank Digital Currency, or CBDC, trials in the United States.Announced on Monday, May 3, the newly formed Digital Dollar Project will carry… More
Australiaâs senate committee on technology and finance wants lawmakers to establish a national blockchain land registry. An Australian senate committee has published a report calling for a blockchain-based national land registry, better clarity over laws relating to smart contracts, and continued efforts to establish international standards for DLT.The Select Committee on Australia as a Technology… More
Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China. Some of Chinaâs largest state banks are actively promoting the digital yuan as a superior means of payment to the countryâs two leading payment providers, Alipay and WeChat Pay.In an April 26 report, Reuters revealed that… More
The funding will be used to develop debit and credit card payment rails in Asia. Digital asset custodian First Digital Trust has secured funding to bring crypto asset payment services and upgrades to the Asia Pacific region.The Hong Kong-headquartered company has raised $2.15 million in a convertible note funding round led by private investors including… More
The total value locked in Venus soared to a record $11.1 billion as DeFi users flock to the platform in search of attractive yields. Binance Smart Chain (BSC) has rapidly risen to prominence in 2021 as high transaction costs and congestion on the Ethereum (ETH) network led smaller-size investors to search for cheaper alternatives.One of… More
MEME NFT farming platform launches the new and improved v2, Megadeth NFT nets $18K, and Kevin Smith tokenizes the rights to âKillroy Was Hereâ. Filmmaker Kevin Smith is releasing his latest horror anthology âKillroy Was Hereâ as a non-fungible token. The owner of the NFT will secure the rights to exhibit, distribute, and stream the work,… More
Real-world use cases and enterprise-level partnerships are just a few factors behind VeChainâs recent breakout to a new all-time high. Real-world partnerships and integrations into thriving industries are some of the best forms of validation for blockchain projects that are seeking long-term sustainability and widespread adoption. They also have the ability to spark rallies that… More
If your NFT idea is innovative enough, Snoop Dogg, Mark Cuban, Ashton Kutcher, and other celebrities could invest $1 million into it as part of a Shark Tank-style contest. Sound Ventures, a venture capital fund comprising celebrities, musicians, and a billionaire, are offering at least $1 million for the âmost innovativeâ idea for a nonfungible… More
Following the launch of Canadaâs first Bitcoin ETF, shares in Grayscaleâs Bitcoin Trust have spent an entire month trading at a discount compared to spot BTC for the first time. For the first time, shares in Grayscaleâs Bitcoin Trust traded at a discount compared to spot BTC for an entire month.Rafael Schultze-Kraft, the CTO of… More
PancakeSwap has emerged as one of the top DeFi platforms and its Binance Smart Chain integration makes it a liquidity magnet against competitors like Uniswap and SushiSwap. Decentralized finance has taken a back seat to nonfungible tokens over the past month but this hasnât stopped the top DeFi projects from developing and strategizing how to… More
The founder of the Argyle Coin Ponzi scheme has escaped paying a $4.5 million penalty to the SEC for operating a âweb of fraudulent companies.â The founder of a multi-million crypto Ponzi scheme has escaped paying a $4.5 million penalty to the U.S. Securities and Exchange Commission. On March 23, the U.S District Court of… More
Mintable will be hosting the high-priced auction alongside more approachable pieces An early 20th century master who boasts a permanent installation at the Museum of Modern Art is about to get new life on the blockchain. In collaboration with NFT marketplace Mintable, the family of Wladimir Baranoff-Rossine will be releasing a collection of the esteemed Cubo-Futuristâs… More
Bitcoin dominates but Ethereum is growing in popularity for institutional investment products. According to digital asset investment manager, CoinShares, institutional-grade crypto asset investment products inflows have already reached record levels so far in 2021.According to Coinsharesâ March 15 Fund Flows Weekly report first quarter inflows into cryptocurrency funds are up 7.7% and already total $4.2… More
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