Cryptocurrency Analysis and News Portal
Despite its ongoing crackdown on crypto, China continues to embrace blockchain technology — up to the point of launching the National Blockchain Technology Innovation Center in the capital city of Beijing. According to the China Daily’s report from Feb. 8, the Center will create a research network with the local universities,
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“By introducing a revised tokenomics model that focuses on a virtuous flywheel for long-term RDNT stakers, Radiant v2 constitutes an effective iterative upgrade on RDNT v1,” pseudonymous crypto investor and researcher DeFi Maestro told CryptoX, adding that the “flywheel encourages users to participate more actively in the protocol via rewards
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A crypto exchange project initially proposed by 3AC and Coinflex has now launched an official website and waitlist as of Feb. 9. Called “Open Exchange (OPNX)”, the new project alleges that it will be “the world's first public marketplace for crypto claims trading and derivatives,” according to a tweet from
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Noting a $20 billion market of claimants "desperately searching" for resolution to money lost at bankrupt crypto firms like FTX, Voyager, Celsius, Genesis, BlockFi, Mt. Gox and 3AC, Open Exchange promises the ability to monetize claims by providing a marketplace for their trading. Source
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105-year-old German bank DekaBank is planning to launch a blockchain-based tokenization platform in collaboration with the digital asset firm Metaco.DekaBank targets the release of its blockchain platform sometime in 2024, while the infrastructure is expected to be ready in 2023, DekaBank’s digital asset custody executive Andreas Sack told Cointelegraph.“The tokenization
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Education is a well-known barrier to entry for many when it comes to crypto and Web3 space. This is particularly true when it comes to understanding the underlying technology that powers these new innovations. Joining in on the effort to spread crypto awareness, on Feb. 8, the New York University School of
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The Bank for International Settlements (BIS) will heighten focus on experimenting with Central Bank Digital Currencies (CBDCs) this year via its research and development arm and will also launch a new project to monitor stablecoins.On Feb. 7, the Switzerland-based so-called “bank for central banks” announced its Innovation Hub will "increase
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Japanese financial software firm Soramitsu has announced the signing of a memorandum of understanding with the Bank of the Lao People’s Democratic Republic Payment Systems Department on the launch of a proof-of-concept project for a Laotian central bank digital currency (CBDC). Under the agreement, a digital form of the Lao
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As the largest DEX platform on the Ethereum blockchain, Uniswap commands as much as $2.36 billion in the total value of assets in the Dapp’s smart contracts, allowing users anywhere in the world to trade crypto without an intermediary. Members of the Uniswap community have voted in favor of deploying the
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A recent report details that Russia’s largest financial institution, Sberbank, plans to launch a decentralized finance (defi) platform in May. Konstantin Klimenko, product director of Sberbank’s blockchain laboratory, said that open testing will begin in March. Sberbank’s Defi Platform to Enable Large-Scale Commercial Operations According to a report published by the news
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