THORChain Introduces New Lending Protocol
In a recent development, THORChain (RUNE), the liquidity network, has unveiled its lending feature, enabling users to leverage their native Layer-1 (L1)
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Introduces
Bitget introduces new KYC for its customers
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Seychelles-based exchange known as Bitget is adding the KYC process for its new users starting Sept. 1. The company said in a statement that all the new users will have to complete the level one KYC
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China introduces new ID metaverse proposal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Chinese-based company, Telco, has proposed a new digital ID system for bringing China into the metaverse. Telco’s proposal aims to bring all Chinese citizens into the metaverse using their ID metaverse system. Telco’s system would allow Chinese
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Singapore introduces regulations for single-currency stablecoins
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Singapore’s Monetary Authority (MAS) has rolled out a regulatory framework for single-currency stablecoins linked to the Singapore Dollar or other G10 fiat currencies. With this new setup, any token with a circulation value over S$5 million will
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Mantle Introduces New Governing Body for Treasury Management
Mantle’s staking strategy with Lido includes allocating 40,000 ETH from Mantle treasury to stETH as a way “to bootstrap DEX liquidity and integrations across Mantle,” said Lido contributor “Seraphim,” in a forum discussion. Mantle’s treasury currently holds more than 264,000 ETH, according to its website. Original Source
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Argentinians Gain Inflation Hedge as Ripio Introduces U.S. Dollar-Pegged Stablecoin UXD
Ripio users in Argentina, where annual inflation is running at 115%, are already able to purchase the UXD stablecoin, also called Criptodólar, the company said Thursday. The stablecoin, which is also available in Brazil, is hosted on LaChain, a Latin America-focused layer 1 blockchain launched in June by Ripio in
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THORSwap Introduces New Feature Called Streaming Swaps Aimed at Better Price Execution for Large Trades
Before the introduction of Streaming Swaps, if a crypto user wanted to execute a large trade and achieve lower slippage on THORChain, they would have to manually divide the swap into several smaller transactions, resulting in higher gas fees. With the new feature, large swaps are broken down internally on
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OpenSea introduces Deals, monthly trading volumes slump 96% from January 2022
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Reports on July 21 reveal that OpenSea, a non-fungible token (NFT) marketplace, has introduced a new feature called Deals, allowing users to trade NFTs for other NFTs or Ethereum (ETH). Powered by Seaport, an NFT protocol,
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Threads copies Twitter again, introduces ‘rate limits’ to combat bots
Mark Zuckerberg’s Twitter alternative, Instagram Threads, has been forced to implement rate limits in response to a growing number of reports citing spam attacks and crypto-shilling bots.Instagram head Adam Mosseri announced the introduction of rate limits in a July 17 post on the Threads app. Adam Mosseri’s explanation for the
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Sui Gains Centralized-Exchange Type Trading as DeepBook Introduces Order Book for Decentralized Exchanges
“DeepBook provides the essential financial foundation for every DeFi tool built on Sui," said Greg Siourounis, managing director of the Sui Foundation. "Combined with the scalability and composability built into the Sui Network, DeepBook offers developers the chance to build applications that are simply not possible on other networks.” Source
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