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Movement Labs has raised $3.4 million to launch a software development kit (SDK) for advancing web3 interoperability via their Movement framework used for building and deploying blockchains. Movement Labs’ pre-seed fund Funds were raised to promote the adoption of Move, a smart contract development language that includes built-in safeguards to protect projects
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Celo’s inclusion with Opera’s MiniPay wallet augurs well for Africa’s expanding digital finance sector. Opera, the well-known web services provider, has announced intentions to integrate a non-custodial stablecoin wallet built on the Celo blockchain into its mobile web browser. This product, dubbed “MiniPay”, is intended to empower Opera’s enormous user base across the
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A collaborative initiative dubbed Project Sela sought to test and develop a central bank digital currency (CBDC) suited for mass retail use. The Bank for International Settlements (BIS), Hong Kong’s Monetary Authority (HKMA), and the Bank of Israel proved the feasibility of a secure retail central bank digital currency (rCBDC), according
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Animoca Brands, a Hong Kong-based entertainment company, has announced that it has secured $20 million in funding for its latest project, Mocaverse. Mocaverse is a web3 platform that leverages blockchain, NFTs, and AI technologies for the gaming, culture, and entertainment industries. The funding round was led by CMCC Global, a venture capital
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Bitcoin (BTC) is about to test hodlers with a “mid cycle lull” before starting a bull run in late 2024, a new BTC price model states.According to its creator, popular analyst CryptoCon, the “November 28th Cycles Theory” demands the BTC price all-time high in 2025.Countdown to BTC price “bull run
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A decentralized version of Infura will launch by the end of the year, with major Web2 cloud providers set to become part of the network, the chief strategist of ConsenSys says. “We’re looking to launch something later this year, but then there’s going to be what they call a federated
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Decentralized derivatives protocol Synthetix is the latest project aiming to close the usability gap between centralized and decentralized exchanges — with a Q4 slated launch of the Synthetix V3 protocol and its decentralized exchange front-end, called Infinex.Speaking to Cryptox, Synthetix founder Kain Warwick said the Q4 slated launch of Infinex
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase Global, the second largest cryptocurrency exchange by market cap, plans to launch a digital asset lending platform for large institutional investors on Sep. 5. According to a regulatory filing, the exchange has successfully secured $57 million
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In addition to the failed Lend program, Coinbase has attempted other lending services in the past. Coinbase has announced that it is working on a crypto lending service for institutional clients in the United States. A September 1 filing with the US Securities and Exchange Commission (SEC) shows that the
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Decentralized exchange (DEX) platform dYdX plans to offer a “purely decentralized” order book exchange as it migrates its ecosystem from the Ethereum network to the interchain network Cosmos.At the Korea Blockchain Week 2023, Cointelegraph's Andrew Fenton spoke with dYdX Foundation CEO Charles d'Haussy about the DEX’s plans to implement decentralized
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