Layer-2 protocol Metis has inked a partnership with PAID Network, enabling the latter’s Apollo-X and Ignition launchpads to debut on its platform. Formerly operating on both Ethereum and Polkadot, PAID Network will henceforward leverage Metis’ decentralized framework, which is designed to address the limitations of layer 1 blockchain Ethereum. The budding alliance enables users to […]
Karura Gains First Ever 48-Week Lease on Kusama Network
DeFi platform Karura has obtained the first ever lease on the Kusama network. Polkadot is one of the most exciting platforms for any project that wants faster speeds than Ethereum, and perhaps a higher level of scalability. The Kusama network is the canary network for the Polkadot ecosystem. Karura was able to raise more than […]
South Korea’s 2021 Budget to Revive Lost Pandemic Taxes
Due to the novel COVID-19 pandemic, the nation faced a grave economic loss. As a result, South Korea was not able to meet the economic agenda of the year 2020. Due to this fiscal trial, the Finance Minister of South Korea has proposed a budgetary supplement resource for the second time in 2021. The additional […]
Mobile DeFi App Donut Successfully Raised $2 Million
Recording another impressive performance on raising funds, Donut has has successfully raised a $2 million funding from Redalpine. Among the participants in the funding, Robert Leshner, founder of compound labs, was prominent as the well-known entrepreneur who participated in the process that led to the allotment of funds for future growth and development of Donut. […]
Nasdaq Dubai rolls out trading for 3iQ’s Bitcoin Fund
3iQ launched its Bitcoin Fund trading on Nasdaq Dubai after receiving regulatory clearance for a dual listing in April. Canada’s largest digital asset investment fund manager, 3iQ, is expanding its reach to global investors by listing its public Bitcoin (BTC) fund on a major market in the Middle East. 3iQ rolled out its Bitcoin Fund (QBTC) […]
Bank of Israel steps up CBDC efforts with reported tests on Ethereum
The Bank of Israel has experimented with using Ethereum and nonfungible tokens for a pilot as part of its ongoing digital shekel research, a local report claims. Israel’s central bank has allegedly completed a pilot — under the radar — for a central bank digital currency (CBDC) using Ethereum’s technology. The claim was made by […]
Chinese Bitcoin miners ‘not even in the mood to drink anymore’
Many Bitcoin miners in China are down with the blues as Beijing forces several operations to go offline. China, once home to about 65% of the total Bitcoin (BTC) mining hash power has given the boot to several miners in the country. The country’s Bitcoin mining ban means miners have been forced to shut down […]
How Do I Sell Dogecoin on Cryptocurrency Exchanges
Recently, a large number of cryptocurrencies have experienced a price plunge, including Dogecoin. If your purpose for being here is to answer how do I sell Dogecoin, it is expected. (Read More)
Norway’s Financial Regulator Seeks Legal and Investor Protection for Crypto Consumers
The Norwegian Financial regulator intends to strengthen supervision by protecting investors of crypto consumers. (Read More)
Goldman Sachs Starts Trading on JPMorgan’s Repo Blockchain Platform Onyx
Goldman Sachs Group has joined Onyx, an online trading platform based on the Ethereum blockchain created by JPMorgan Chase. It will use the platform to conduct smart contracts and a digital version of the dollar repurchase agreement. (Read More)