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“By partnering with NYCB, we are opening up new pathways for community banks and MDIs across the country to be key participants in the fast growing digital assets market," Dante Disparte, Circle's chief strategy officer and head of global policy, said in the statement, referring to minority depositary institutions. Original Source
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Some investors see salvageable pieces while others are bemoaning their involvement and want to forget the protocol ever existed; bitcoin gains. Original Source
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Stablecoins have maintained a strong growth momentum against the occasionally frustrating crypto market. Recently, the TUSD-TRX pool on the decentralized trading platform SunSwap has yielded up to 12%, and the vault of TUSD achieved an APY of as high as 11.2% on the decentralized yield optimizer Beefy Finance (BNB). These
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The move will facilitate more FRAX based transactions on those blockchains and create greater demand for their layer 1 tokens, Kazemian said. Layer 1, or base, tokens are the native assets of individual blockchains, such as Ethereum, Avalanche, or Terra. Original Source
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“Through a collection of smart contracts that verify zero-knowledge proofs, the Railgun team has built a privacy system directly on Ethereum and other Layer-1 protocols, from which you can interact with decentralized exchanges, lending platforms, and popular smart contract applications,” Matt Beck, director of investments at DCG, said in a
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Berlin-based venture capital (VC) firm Greenfield One has raised a $160 million (142 million euros) fund from telecom giant Swisscom, Galaxy Digital, and others, to invest in crypto projects, according to a press release shared with CryptoX.Greenfield One’s third fund is likely one of the largest crypto funds in Europe
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“Syn City,” a play-to-earn mafia game founded by TRON’s former head of business, Roy Liu, announced an $8 million funding round on Monday.The round was led by Twitch co-founder Justin Kan and Goat Capital, with additional backing from A&T Capital, Hack VC, Animoca Brands and Spartan Group.The game joins the
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Norway is “currently considering potential policy measures” to address the “challenges related to crypto mining.” In this context, they are “looking at the solutions proposed by the Swedish regulators” with an eye on Europe-wide regulations, Gram said. Source
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As outlined in a prepared statement obtained by Cryptox, Game7 is an upcoming $500 million blockchain ecosystem acceleration decentralized autonomous organization, or DAO, with the goal of onboarding gamers worldwide to the blockchain ecosystem. Entities backing the proposal include BitDAO, Forte, Alameda Research, Mirana Ventures, Warner Music Group, Aleo, Avalanche,
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