We Chose ADA Because Its Backed by the Cardano Foundation – Interview Bitcoin News
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1inch Foundation plans to distribute 10M tokens to compensate for gas costs
The non-profit arm of decentralized exchange aggregator 1inch plans to give away more than $23 million to users starting September 1.In an announcement on Tuesday, the 1inch Foundation said it would begin distributing 10 million of its native 1INCH in an effort to refund gas costs for users who stake
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Stellar Foundation and Advent to Purchase MoneyGram for Undisclosed Amount
Stellar and Advent have joined a list of companies including Ant Group and Western Union, to pitch for an acquisition of MoneyGram.Stellar Foundation, which supports the Stellar Network for blockchain-based payment services, is partnering with private equity firm Advent to purchase MoneyGram (NASDAQ: MGI). A Bloomberg report states that Stellar has already
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China Merchants Bank and Nervos Foundation Come Together to Launch $50M Blockchain Ecosystem Fund
The investments from the $50 million fund will be allocated during a three-year period. Startups building on Nervos will receive an initial investment of between $200,000 and $2,000,000.On Tuesday, May 18, CMB International (CMBI), a wholly-owned subsidiary of China Merchants Bank, has joined hands with China’s leading blockchain solutions provider Nervos Blockchain.
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Accenture and Digital Dollar Foundation to trial United States CBDC this year
Fortune 500 company Accenture has teamed up with Digital Dollar Foundation to conduct Central Bank Digital Currency, or CBDC, trials in the United States.Announced on Monday, May 3, the newly formed Digital Dollar Project will carry out five CBDC pilot programs over the next 12 months. The project’s objective is
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XDB Foundation Partners with Litemint to Enhance NFT Functionality in DigitalBits Blockchain
Currently, XDB Foundation is looking to enter the NFT space, and with Litemint, this entrance will be successful. The XDB Foundation, a non-profit organization that supports DigitalBits ecosystem, has announced a strategic partnership with Litemint, an NFTs platform based on Stellar (XLM). Within the agreement, the companies will improve NFT functionality on the DigitalBits blockchain
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Linux Foundation launches blockchain-based platform for insurance
The Linux Foundation, the nonprofit technology consortium that supports the Linux operating system, is backing a new blockchain-based project for the insurance industry.On Monday, the foundation announced the launch of the Open Insurance Data Link platform, a project that aims to reduce the cost of insurance reporting and create a standardized insurance
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Filecoin Foundation donates $10M in FIL tokens to Internet Archive
The Internet Archive, an American nonprofit behind major digital archive Wayback Machine, has received a $10 million cryptocurrency donation from the Filecoin Foundation.According to a Friday announcement, the Filecoin Foundation has donated 50,000 Filecoin (FIL) tokens to the Internet Archive, worth more than $10 million at the time of writing. The
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Stellar Development Foundation Invests $5M in Crypto Payments Firm Wyre
The Stellar Development Foundation has invested in blockchain payments company Wyre to boost support for financial applications in the Stellar ecosystem.The Foundation said the $5 million Enterprise Fund investment in Wyre will introduce a variety of payment application programming interfaces (APIs) that can be used by apps on the Stellar
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Ukraine Government Picks Stellar Development Foundation to Help Build National Digital Currency
Ukraine’s government has chosen the Stellar blockchain network as a platform to build a central bank digital currency (CBDC).Announced Monday, the Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation (SDF) signed a Memorandum of Understanding to build out a “virtual assets ecosystem and national digital currency of
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