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Rare Sneaker App Switches From Ethereum to Hedera to Skip Blockchain Fees

SUKU, a blockchain startup that tracks luxury goods among other things, is moving its high-end sneaker authentication system to Hedera Hashgraph, after the fees on Ethereum became too high.The first SUKU application to migrate to Hedera is called INFINITE, and it uses non-fungible tokens (NFTs), one-of-a-kind digital watermarks, to authenticate

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Portfolio App Blockfolio Adds Crypto, Stock Trading to Capitalize on GameStop Drama

Blockfolio has launched zero-fee cryptocurrency trading within its portfolio tracking app, according to an announcement Friday.The firm is also listing all tokenized stocks listed on derivatives exchange FTX in the trading service (available to non-U.S. users only). A Blockfolio representative told CryptoX that it decided to include these offerings due

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Offline Travel App Maps.Me Raises $50M in Seed Funding Led by Alameda Research

An offline mobile map for travelers has raised $50 million in a seed-funding round led by Alameda Research.Announced Monday, the funding will go toward the launch of a multi-currency wallet on Maps.me and enable a decentralized finance (DeFi) ecosystem on the offline mobile map platform.Cryptocurrency lender Genesis Capital and institutional

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