Progmat, DMM partner to introduce stablecoin for Seamoon Protocol
The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well.
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What is Solend and how does it work
Solend is a decentralized lending and borrowing protocol built on Solana. It is lauded for expanding the methods available for Solana users to boost financial gains. Filling a large gap in the Solana ecosystem, Solend drew a staggering $100 million in deposits in just over a month post-launch.Related: DeFi lending and borrowing, explainedSolend rode the…
eToro halts ALGO, MANA, MATIC and DASH purchases for US customers
The firm said it remains a “supporter” of the crypto sector and suggested that the move was purely to avoid any potential regulatory non-compliance. 592 Total views 11 Total shares Retail trading platform eToro has halted purchases of Algorand (ALGO), Decentraland (MANA), Polygon (MATIC), and Dash (DASH) for customers in the United States in response…
CZ visits Palau to kick off BNB Chain-supported ID NFTs for digital residency program
The tiny country introduced its digital residency program at the beginning of the year in the hope that it will help to retain the youthful population and attract business and industry. 187 Total views 10 Total shares The Republic of Palau announced Friday that it will issue identification cards to its digital residents in the…
Binance Research Explains Recent Libra/SpaceX Comparison
Binance Research gives further rationale for referencing Facebook's Libra as the SpaceX of the payments world. A recent report from Binance Research claimed Facebook's Libra is as disruptive for the payments industry as SpaceX was for interstellar travel — but why? When it entered the rocket sector, SpaceX found an industry laden with high entry…
CZ post on X about Ceffu and Binance.US contradicts SEC claims, adds to confusion
“It is more than likely that BAM still doesn’t understand what Ceffu is,” the SEC stated after trying to untangle the web of relationships between entities. 304 Total views 5 Total shares After a judge declined to give the United States Securities and Exchange Commission (SEC) unfettered access to Binance.US software at a hearing on
Near Protocol ‘darkness’ and ‘sovereignty’ tweets raise hack suspicion
The unusual messages, including a Morse code video and gothic-font tweets, left the crypto community puzzled. Near Protocol has not yet commented on the incident.
Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates
As economic conditions continue to worsen, financial experts worldwide are increasingly placing the blame at the feet of the Federal Reserve after the central bank was slow to respond to rising inflation early on. Financial markets are currently experiencing their worst stretch of losses in recent history and it doesn’t appear that there is any…
tZERO Announces Patent for Traditional Exchange Blockchain Integration
Blockchain startup tZERO, announced that it has been awarded a patent for a technology allowing to anchor traditional trades and exchanges to public blockchains.A blockchain integration for exchangesThe company announced the development in a press release published on Aug. 6. The patent reportedly describes an integration by the Time Ordered Merkle Epoch (TOME) methodology. The…