Optimism, an Ethernet Layer 2 Scaling Solution, Completes EVM Equivalency Upgrade
On Nov 12, Optimism, an Ethernet Layer 2 scaling solution, announced the completion of its EVM (Ethernet Virtual Machine) equivalency...
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DCG Mining Subsidiary Foundry Offers Digital Services for 20 Blockchain Networks
Nov 12, 202114224 Views
Nov 12, 2021
Foundry, a subsidiary of Digital Currency Group (DCG) and cryptocurrency mining and consulting firm, announced Wednesday the launch of a new platform called Foundry Staking. The company said the product currently supports 20 blockchain networks and will offer digital asset collateralization and consulting services in the future. So far, the service covers 20 blockchains, including PoS networks such as Horizen, Solana, Helium, Flow, Livepeer, Near Protocol, Provenance and The Graph. Essentially, participants can connect to different networks from Foundry's service to earn PoS rewards, and the company hopes to make pegging PoS networks "more accessible to institutions."
Foundry, a subsidiary of Digital Currency Group (DCG) and cryptocurrency mining and consulting firm, announced Wednesday the launch o...
Share InConsenSys report: 3.4 million existing addresses in Ether interact with DeFi protocol
Nov 12, 202111343 Views
Nov 12, 2021
Nov. 12，According to ConsenSys' Web 3 Q3 2021 report released this week, Ether's vast Web 3.0 ecosystem -- which includes most of DeFi, stablecoin, NFT and the blockchain gaming world -- continues to expand and attract users, with 3.4 million Ether addresses interacting with the DeFi protocol. -continues to expand and attract users, with 3.4 million Ether addresses interacting with the DeFi protocol. As Tether faces increasing regulatory pressure and the supply of stablecoins on ethereum becomes more diverse, USDC and BUSD have grabbed some of USDT's market share, according to the report. DeFi borrowing grew significantly, reaching an all-time high on Sept. 6 with about $24.7 billion in outstanding debt, according to the report. According to ConsenSys, among the top five smart contract platforms TVL, Ether still holds a majority share of 77%, followed by Binance and Solana with 10% and 5% respectively.
Nov. 12，According to ConsenSys Web 3 Q3 2021 report released this week, Ethers vast Web 3.0 ecosystem -- which includes most of DeF...
Share InJ.P. Morgan: DeFi growing fast but still not in the mainstream
Nov 12, 202110907 Views
Nov 12, 2021
Nov. 12 (Bloomberg) -- DeFi is growing rapidly but still not in the mainstream, according to a JPMorgan Chase report. Over the past year, DeFi on the Ethernet network has experienced explosive growth in US dollar terms, but mainly thanks to the 10-fold appreciation of ETH prices. After price adjustment, the increase in DeFi on the Ethernet network has not been significant. Ether's DeFi share has fallen to less than 70% from nearly 100% at the beginning of the year. Adjusted for share, JPMorgan estimates DeFi's annual increase in volume terms to be around 50%. As it stands, the DeFi space, while full of innovation, is still not being embraced by mainstream investors, and the main drivers of growth are still established crypto investors who use DeFi to gain leverage and liquidity, or to earn interest income on their crypto holdings. deFi is still in the early stages of development and has great growth potential. However, it still faces numerous hurdles before entering the mainstream, particularly regulatory hurdles.
Nov. 12 (Bloomberg) -- DeFi is growing rapidly but still not in the mainstream, according to a JPMorgan Chase report. Over the past y...
Share InBlockchain WiFi Sharing Network Wicrypt Network Raises $1.5 Million Led by AU21 Capital
Nov 09, 202113225 Views
Nov 09, 2021
Nov. 9, Wicrypt Network, Africa's first blockchain-based WiFi sharing network, has closed $1.5 million in funding led by AU21 Capital, with participation from Sandeep Nailwal (founder of Polygon), Cardano's Occam, Inclusion Capital, Outlier Ventures, Chain Capital, Pluto Digital Assets, Omega Ventures, N7 Labs, and PolkaFoundary. Outlier Ventures, Chain Capital, Pluto Digital Assets, Omega Ventures, N7 Labs, and PolkaFoundary.
Nov. 9,Wicrypt Network, Africas first blockchain-based WiFi sharing network, has closed $1.5 million in funding led by AU21 C...
Share InPeople familiar with the matter: Bitmart is seeking to raise $20 million at a $300 million pre-investment valuation
Nov 09, 202112056 Views
Nov 09, 2021
Nov. 9，Cryptocurrency exchange Bitmart is in talks to raise about $20 million at a pre-investment valuation of $300 million, people familiar with the matter said. Alexander Capital Ventures, known for backing Airbnb and Spotify, is approaching Bitmart to lead its Series B funding, the sources said. Bitmart has raised about $10 million in early funding, according to Crunchbase data. The exchange had $65 million in revenue in the first half of 2021, the sources said. The exchange offers spot trading, leveraged futures trading, lending and pledging services for retail and institutional investors.
Nov. 9，Cryptocurrency exchange Bitmart is in talks to raise about $20 million at a pre-investment valuation of $300 million, people...
Share InRussian Ministries and Lower House Propose Legalizing Cryptocurrency Mining
Nov 09, 202110823 Views
Nov 09, 2021
On November 9, local Russian media outlet Izvestia reported that the Russian Ministry of Economic Development, the Ministry of Energy and the State Duma (Russia's lower house) have proposed legalizing and regulating cryptocurrency mining as a business activity, but the Central Bank of Russia does not support the move because of the risks associated with cryptocurrencies. The Russian Ministry of Economic Development believes regulation would benefit the country and the cryptocurrency industry, and wants to create a new classification code for the industry to register companies and determine taxation procedures, according to the report. Anatoly Aksakov, chairman of the Duma Finance Committee, said miners may be charged higher rates for electricity than for other types of consumption.
On November 9, local Russian media outlet Izvestia reported that the Russian Ministry of Economic Development, the Ministry of Energy...
Share InRussia's central bank governor: cryptocurrencies can pose risks to financial stability
Nov 09, 20218161 Views
Nov 09, 2021
On Nov 9, Governor of the Central Bank of Russia Nabiullina said that the digital ruble will have the status of legal tender and cryptocurrencies will pose a risk to financial stability.
On Nov 9, Governor of the Central Bank of Russia Nabiullina said that the digital ruble will have the status of legal tender and cryp...
Share InSDG Exchange Launches Blockchain-Based Carbon Credit Trading Platform
Nov 09, 202113028 Views
Nov 09, 2021
November 9 - SDG Exchange, the sustainable carbon credit marketplace, has announced the global launch of its platform, which aims to establish an efficient and transparent global carbon offset market during the ongoing COP26 conference, in accordance with Article 6 of the Paris Agreement. Carbon credits entering the SDGx Carbon Asset Monetization (CAM) market are registered on the blockchain, thereby eliminating current carbon market inefficiencies including double counting, double printing, and double spending. All transactions, escrow, and accounting are recorded publicly through a distributed ledger. Carbon credits can be retained as credits or transferred to digital International Transfer Mitigation Outcomes (ITMO) units, allowing the transfer of carbon credits between countries and markets worldwide. Asset trading is achieved through fiat currency, Bitcoin or Ether.
November 9 - SDG Exchange, the sustainable carbon credit marketplace, has announced the global launch of its platform, which aims to...
Share InDigital Asset Platform Chintai Opens Asia Pacific Headquarters in Singapore
Nov 09, 20218005 Views
Nov 09, 2021
Chintai, a Singapore-based fintech company that uses blockchain technology to modernize capital markets for banks, financial institutions and asset managers, announces the opening of its Asia Pacific headquarters in Singapore and invites financial institutions such as banks and asset managers to participate in its Beta Institutional Digital Asset Platform program. As a blockchain technology provider for compliant issuance of digital assets, Chintai provides a platform for institutions and SMEs to create, issue and tokenize traditional assets in the capital markets. The platform provides institutions with an easy way to set up their own offerings with interoperable digital asset compliance protocols that provide efficiency and cost savings compared to current practices in the marketplace. The Institutional Beta program includes a variety of asset classes and sophisticated tools to drive adoption.
Chintai, a Singapore-based fintech company that uses blockchain technology to modernize capital markets for banks, financial institut...
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From cloud computing power to super computing power, SolaRoads global AI supercomputing supply platform sets off a new form of computing power
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D-NFT officially listed tomorrow chain mining, miners mortgage D-NFT token directly to get ETH
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