Search Results for: Polygon

Borderless Capital Leads $1.5M Investment into the GEODNET Foundation to Support a Precise and Trusted Decentralized Location Service

GEODNET’s growing Global Network of 3000+ web3 GNSS Base-stations recognized by industry as a leading commercial solution for Real-Time Kinematic (RTK) applications SINGAPORE–(BUSINESS WIRE)–The GEODNET Foundation (GeoDAO PTE, LTD) announced the completion of a private $1.5M token sale. The round was led by Borderless Capital’s EdgeFi Fund, the first web3

July 6, 2023 3 mins read

Hashed Emergent to Launch India’s Inaugural “India Blockchain Week (IBW)” Conference

Hashed Emergent is thrilled to sponsor a flagship conference in a week-long series of web3-centered events in Bangalore, the epicenter of India’s innovation and startup ecosystem, dubbed the “Silicon Valley of the East.” The new event, India Blockchain Week (IBW), seeks to establish itself as India’s first multi-chain web3 conference

July 6, 2023 3 mins read

Primex Finance Unveils Mainnet Plans, Set to Launch in September 2023

Non-custodial prime brokerage protocol Primex Finance is thrilled to announce the upcoming launch of its highly anticipated mainnet. With the code frozen and the auditing process underway, the Primex core team is making significant strides towards the release. With independent auditors expected to complete the auditing process in the next

July 5, 2023 3 mins read

Cardano’s DeFi Total Value Locked (TVL) Rises Amid Price Volatility

Despite what may seem to be excessive price swings, Cardano’s (ADA) DeFi TVL has been trending upwards. According to DeFi aggregator DeFiLlama, the total number of ADA tokens locked on all of the DApps it monitors has hit a new all-time high of 557.62 million ADA. This figure has increased

July 5, 2023 2 mins read

What are Layer 0, Layer 1, Layer 2, and Layer 3 Blockchain in Crypto?

Blockchain technology has revolutionized how information is stored and transferred, particularly within the realm of cryptocurrencies. With its transparent and decentralized nature, blockchain layer has become a breakthrough innovation of the 21st century. However, understanding the intricate workings of blockchain can be challenging. In this article, we will simplify the

July 4, 2023 4 mins read

Belarus Plans Partial Ban on Crypto Transactions Curbing Illegal Transfers

Belarus is getting ready to impose a partial ban on cryptocurrencies. Sunday’s announcement from the Ministry of Internal Affairs said that criminals were using P2P crypto services as a means of money laundering. In addition, the group said in the statement that it was working on legislation to prohibit the

July 4, 2023 2 mins read

Altcoins are Pumping as Bitcoin Dominance Drops by 2%

Bitcoin’s dominance is currently 49.26%, which experienced a decrease of 0.31% in 24 hours over the day. This sent shockwaves to Bitcoiners, as the cryptocurrency has been facing a downtrend in the past week. Meanwhile, just like when the lion sleeps and other wild animals roam the forest liberally, the

July 3, 2023 3 mins read

Potential Cryptocurrencies To Make History in H2 of 2023

In the first quarter of the year, the Crypto market experienced remarkable growth and evolution, outperforming traditional assets. The crypto market has gained massive attention, which has increased institutional adoption. It demonstrates their potential as a haven in the face of impending monetary policy changes and ripples in the banking

July 2, 2023 4 mins read

Revolut Suspends Crypto Trading Services for U.S Customers

Crypto Neobank Revolut Announces Delisting of SOL, MATIC and ADA

In light of recent regulatory changes in the U.S., crypto-friendly neobank Revolut will soon be delisting a number of digital assets from its platform. The Revolut team informed that the company plans to permanently remove tokens such as Cardano, Polygon, and Solana from its platform in the month of September.

July 1, 2023 1 min read

U.S Court Orders Kraken To Disclose User’s Info With IRS

According to a court filing, Kraken is required to disclose user identities to the IRS if they transact $20,000 or more in cryptocurrencies in a calendar year. Users who were active between January 1, 2016, and December 31, 2020, are included. Kraken users’ names, ages, tax numbers, residences, phone numbers,

July 1, 2023 1 min read