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GeneralBeginnerCelo, a Phone focused blockchain is rolling out a big budget incentive program, with the launch of a $100 million “DeFi for the People” fund. DeFi for the People is a collaboration of global crypto organizations coming together by a common aim of bringing DeFi to the 6 billion smartphone users…
#defi#news
Recently, The9 announced that it is formally stepping into the Non Fungible Token ("NFT") business. A Singapore wholly owned subsidiary of The9 Limited, NFTSTAR Singapore Pte. Ltd., will launch a NFT trading and community platform NFTSTAR, which is anticipated to be officially launched in the last…
#news
GeneralBeginnerIndia's Central bank may begin its first digital currency trial programs by December, RBI governor Shaktikanta Das said. The RBI(Reserve Bank of India) is studying matters related to digital currency including its security, impact on the country's financial sector as well as how it would affect…
#news
GeneralBeginnerRecently, tech giant Microsoft was awarded a United States patent for implementing a ledger independent token service. According to the grant issued by USPTO, the patent will allow Microsoft to develop a system that can facilitate the creation and management of tokens across multiple blockchain…
#news
GeneralBeginnerRecently, Visa announced the $150,000 acquisition of a CryptoPunk, CryptoPunk 7610. Well, the CryptoPunks are 10,000 unique collectible characters with proof of ownership stored on the Ethereum blockchain. The Cryptopunks are one of the first examples of a NFT on Ethereum, and were an inspiration…
#news
BitcoinBeginnerRecently, Eurex announced the launch of Bitcoin ETN futures. The leading European derivatives exchange said that with the new contract, Deutsche Börse Group’s derivatives arm offers customers access to the price of Bitcoin in a controlled on exchange and centrally cleared environment. The new…
#news
GeneralBeginnerRecently, Buterin expressed his reservations about Jack Dorsey and Mark Zuckerberg's ambitious cryptocurrency plans. Ethereum inventor Vitalik told Bloomberg that he is skeptical of Dorsey’s plan of launching a decentralized finance platform where developers could run Bitcoin projects. Vitalik…
#facebook#news
GeneralBeginnerRecently, the Avalanche Foundation announced a $180M liquidity mining incentive program Avalanche Rush to introduce more applications and assets to its DeFi ecosystem. The program will bring blue chip DeFi applications to Avalanche, starting with Aave and Curve. Well, First phase of the program…
#avalanche-foundation#news
GeneralBeginnerRecently, Non fungible token (NFT) marketplace SuperRare introduced a “Curation Token” in order to decentralize the project. As part of the launch 15% of the RARE token’s total supply was airdropped to the users of the platform. SuperRare said that eligible participants would have received a…
#news#nft-marketplace
GeneralBeginnerRecently, the social media app Reddit announced that it is nearing $700 million in Series F funding, led by Fidelity Management and Research Company LLC. at a post money valuation of over $10 billion. Well, the financial services giant Fidelity approached Reddit with another $410 million funding…
#news
EthereumBeginnerRecently, Indian crypto startup Polygon announced that it is acquiring Hermez in a 250 million MATIC deal. A "layer 2" platform on the Ethereum blockchain, Polygon said that Hermez will be absorbed into its ecosystem under the name Polygon Hermez, where it will become a part of the growing Polygon…
#news
