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BabyCake has a mission. Bring DeFi to the masses. The rate of crypto adoption in the world is growing, but the percentage of the world’s population who use it is still very small. Decentralized finance, which utilizes technologies to remove intermediaries, middlemen, and banks from financial markets, is a complicated system
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According to Li, most sales of luxury artworks occur only “on paper” with no physical transferring of goods. “The ownership changes, but the pieces don’t move,” Li explained. NFTs therefore make ownership of non-fungible, real-world items easy to trade and gift, potentially disrupting traditional marketplaces or auction houses such as
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Dapper Labs, a creator of non-fungible tokens (NFTs) and the Flow blockchain, has reached a deal with the NFL to create an NBA Top Shot-style marketplace for digital football collectibles, according to a report by Sports Business Journal.Sources told the publication that the deal makes Dapper Labs the NFL Players
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Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power Utility Confiscates More Than 216,000 Mining Units From Unlicensed Miners
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Solana-based DEX and ecosystem Serum (SRM) today shared its updated roadmap 2.0 which, among other objectives, focuses on bringing DeFi to the masses. A Look at the Milestones Accomplished to Date Serum (SRM), a decentralized exchange (DEX) and ecosystem built on Solana blockchain today shared its updated roadmap which builds on the
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Though he has had 11 business failures, today Ray Youssef is building Bitcoin-funded schools across Africa as executive director of the Built With Bitcoin Foundation and is helping millions of people buy and sell cryptocurrency as CEO of Paxful. However, Youssef also admits to looting hardware stores on behalf of
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Anime — the Japanese form of animation is a popular form of entertainment across the world. It commands a huge fan following and a dominating market share in the global animation market. The growing popularity has also created a demand for Anime collectibles. Amid the rising demand, Project Senpai introduces
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Issues with Ethereum congestion and high fees have led to many companies adopting layer-one solutions like Optimistic Rollups, OMG Network and many others. These platforms allow transactions to be created outside of the Ethereum network on what are known as “sidechains,” which then can be reconciled on the main Ethereum
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Next Insurance has so far raised a total of $875 million from private investors who have participated in various funding rounds. Online insurance company Next Insurance has raised approximately $250 million in a funding round that has brought its valuation to approximately $4 billion. Next Insurance focuses on small businesses and
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