Cryptocurrency Analysis and News Portal
The central bank of Zimbabwe introduced this gold-backed digital currency to combat the volatility of its national currency. In a notice on Thursday, May 4, the Reserve Bank of Zimbabwe (RBZ) invited financial institutions and individuals to subscribe to its upcoming gold-backed digital currency. As per the initial plans, the
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On May 1, nonfungible tokens (NFTs) marketplace Blur launched Blend, a peer-to-peer perpetual lending protocol that supports NFT collateral. Developed with venture capital firm Paradigm, developers cite Blend's rationale as a means of "financialization to scale."4/ Every trillion dollar market relies on financialization to scale. NFTs are no different.Instead
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Adding to the growing list of radical implementations to improve Twitter’s bottom line and promote citizen journalism, Tesla CEO Elon Musk announced that creators on the social media platform can now monetize their content.Ever since Musk’s takeover of Twitter, the company has taken several drastic measures to turn itself into
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The neobank Cogni has announced that it is rolling out soulbound nonfungible tokens containing Know Your Customer (KYC) information to holders of its crypto wallet. The Polygon-based NFT will transfer customers’ “Web2” KYC verification done by the bank at account opening into a Web3 environment.Cogni, which has United States Federal
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Since Bonsai is an L3 network, it will not add stress to the data in a way that L2 does. The developers of Lens Protocol have launched a beta version of Bonsai, a blockchain scaling solution, as it prepares itself to endure larger numbers of transactions for users of Lens-based decentralized
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The Omni network aims to enable use cases including cross-rollup stablecoins and other DeFi primitives that can aggregate liquidity from different Layer 2 rollups. Blockchain development firm Recursive introduced the Omni Network, a cross-rollup protocol built on the Ethereum restaking project Eigen Layer. The Omni network aims to be the
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With Matt Haney taking a very bold step that is backed by the industry, seeing DAOs function as businesses will be a matter of time. A California lawmaker Matt Haney has introduced Assembly Bill 1229 which seeks to re-engineer and expand the state’s corporate to include Decentralized Autonomous Organizations (DAO). As
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The new offering, delegated staking, allows users to earn staking rewards without running nodes themselves. It also lowers the amount of the blockchain’s native token, aptos (APT), needed to participate in staking. Now users will only need 11 APT, worth roughly $117 at publication time, to stake their tokens with
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According to the Binance Launchpad schedule for the Open Campus (EDU) token sale, there will be a total of 4 stages involved in the event. Binance Launchpad has introduced its latest Web 3.0 project billed for listing and it is dubbed the Open Campus (EDU) token. As announced by the platform,
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EURCV will be offered to institutional clients as a means of bridging the gap between traditional capital markets and digital assets. Source
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