Lido, the liquidity staking protocol for Proof-of-Stake (PoS) blockchains has published a new proposal for Treasury choices. Lido holds more than $8 billion in staking and the number of Ethereum (ETH) tokens is valued at around $7.9 billion. The number of stakers on the network is approximately 275 K. The
The First Bitcoin NFT Collection Made Available on the Ethereum Network Showcases the Capabilities of CapsuleNFT’s Composable NFT Protocol NEW YORK–(BUSINESS WIRE)–In recent days, the crypto world has been buzzing with excitement over the launch of the Ordinal network. This innovative platform brings a new level of functionality to the
Pantos, a multichain token system created by the Bitpanda team, today announced the public beta launch of its multichain protocol. The public beta will soon allow users and developers to effortlessly generate and deploy multichain tokens with just a few clicks, wrap native coins of supported chains, and transfer tokens.
As part of a company-wide restructuring, non-fungible token (NFT) marketplace Magic Eden announced on Monday that it will be letting go of 22 of its employees. Jack Lu, the CEO, and co-founder of Magic Eden, wrote on Twitter that the firm needed to make staff adjustments to meet new objectives
As crypto-backed debit cards gain popularity, the overlap between Web2 and Web3 technologies increases. The biggest Spanish bitcoin exchange, Bit2Me, made the announcement about their new cashback debit card with Mastercard on February 10. Bit2Me CEO and co-founder Leif Ferreira told that he believes the widespread acceptance of this “revolutionary”
In recent months, Reddit’s Collectible Avatars initiative has provided millions of users with free NFTs, making it a model of efficiency as a Web3 on-ramp. Reddit is ready to achieve yet another landmark owing to a new partnership with the NFL on free Super Bowl NFTs. Since its release on
With the help of digital asset company Metaco, the 105-year-old German bank DekaBank plans to introduce a tokenization platform built on the blockchain. Digital asset custody executive at DekaBank Andreas Sack said the organization aims to deliver its blockchain platform in 2024. With the underlying infrastructure completed by 2023. Sack
Kevin O’Leary, the Shark Tank famous television celebrity has made a sensational comment about the existing cryptocurrencies. On the wolf of all streets podcast show with Scott Melker, Kevin mentioned many of the cryptocurrencies would reach zero in no time. The session titled “Every Unregulated Token Will Go To Zero”
Co-Led by Wing Venture Capital and Patron, the seed round will be used to bring the platform to market SAN FRANCISCO–(BUSINESS WIRE)–Sesame Labs, a Web3 marketing platform that equips Web3 marketers with the tools they need to reach, engage, and attract users, today announced it has raised a $4.5 million
It has been reported that Digital Currency Group (DCG), a cryptocurrency holding company, has started selling its stake in crypto funds run by its subsidiary Grayscale Investments in an effort to raise cash and retain liquidity. U.S. securities documents seen by the Financial Times on February 7 revealed that DCG
