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The competition among the computing networks is warming up, with decentralized players coming into the stage with backing from the crypto ecosystem.Decentralized storage and computing network Aleph.im completed a $10 million funding round led by Stratos Technologies. Zeeprime, NOIA Capital, Theia, Bitfwd Capital have contributed to the funding, among others.
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Global trading platform Structure, which aims to facilitate crypto-based lending and investing for mobile users, just raised $20 million from investors and from a private sale of its digital currency $STXR. The company will offer decentralized finance (DeFi) crypto-denominated lending outside of traditional banking, as well as investing in tokenized
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What is a CEX public chain? A CEX public chain is a public blockchain that is developed by a centralized exchange platform. It differs from other public chains as it is born with a solid foundation of users and project resources from the exchange platform.Public chains enable different projects, tokens, and features—e.g.
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IOTA was selected as one of the projects that will take part in the European Union Blockchain Pre-Commercial Procurement. The platform will be competing with four projects in a second round for this EU program for a chance at improving the European Blockchain Services Infrastructure (EBSI). Related Reading | IOTA Smart
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Monday marked the start of the TotalEnergies Africa Cup of Nations (AFCON) tournament — the largest men’s football championship series in Africa. At the same time, Binance announced its official partnership with the Confederation of African Football (CAF) as well as its official sponsorship for the AFCON 2021 tournament, becoming
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Crypto exchange Kraken is developing a marketplace for non-fungible tokens (NFTs) where users can arrange loans using the tokens as collateral, the exchange’s founder and CEO Jesse Powell said in a Bloomberg News interview published Friday.The marketplace will provide custody, and the exchange is figuring out how to determine the
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The U.S. banking giant has a pipeline of clients for the Onyx system, said Naveen Mallela, Onyx’s global head of coin systems. The infrastructure will take programmable payments beyond current uses like direct debits and standing orders, Mellela said. Source
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Major cryptocurrency exchange Binance has partnered with MDI Ventures, PT Telkom Indonesia’s venture capital arm, to establish a crypto exchange platform.According to a joint announcement on Wednesday, the agreement will also seek to broaden blockchain adoption throughout Indonesia, which is home to about 240 million people.To assist with the development
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As the number of DeFi initiatives increases, so does the number of scams and fraudulent development procedures. Every fundraising and development mechanism entails risk, and launchpads are no exception. Investors may never know how the developers will spend the money. Furthermore, the crypto industry has seen several malicious entities use fund-raising
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