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Search Results for: crypto adoption

Decipher 2022: A Mega Convention of Blockchain Enthusiasts in Dubai

Algorand’s Decipher 2022 event left everyone astonished with the turnout of guests and the positivity among them amidst the gloomy cryptomarket scenario. Decipher 2022 was the second annual gathering organized in Dubai, pro-blockchain geography, for the Algorand community, which is inclusive of builders, founders, investors, and strategists. We have arrived

December 4, 2022 2 mins read

DAM Finance Launches new Omnichain Stablecoin on Testnet

DAM Finance, also known as DAM, has evolved in its attempts to create a decentralized omnichain stablecoin solution to safely address the liquidity issues that the larger decentralized finance (DeFi) ecosystem is now experiencing. Also, the DAM Finance team has launched the Moonwalkers v1 testnet as part of ongoing initiatives.

December 2, 2022 1 min read

Binance Burns 6.39 Billion LUNC Tokens in Monthly Burn Cycle

Binance, the biggest cryptocurrency exchange in the world, has completed the sixth batch of the LUNC burn mechanism, burning nearly 6 billion Terra Classic (LUNC) tokens. With its most recent burn, Binance has now burned about 20 billion LUNC tokens from trading fees on LUNC spot and margin trading pairings.

December 2, 2022 1 min read

Cordell Broadus Partners With Tezos Foundation to Launch the Champ Medici Arts Fund $1 Million Initiative to Support Emerging Artists

—Rush Philanthropic Arts Foundation Named First Beneficiary at Miami Art Week– MIAMI BEACH, Fla.–(BUSINESS WIRE)–Crypto and Web3 entrepreneur Cordell Broadus today announced the launch of the Champ Medici Arts Fund, a $1 Million philanthropic effort in partnership with The Tezos Foundation to support emerging artists across the globe looking to

December 1, 2022 5 mins read

Fleek Announces $25 Million Series A Raise Led by Polychain

Funds will be allocated toward developing and launching Fleek Network, a decentralized content and application delivery network BROOKLYN, New York–(BUSINESS WIRE)–Fleek, a Web3 developer platform, announced Thursday that it has raised $25 million in Series A funding. Fleek’s Series A round was led by Polychain Capital, a premier investor in

December 1, 2022 2 mins read

Horizen Labs to ‘Divide and Conquer’ – New Companies Split Focus on Platform and Advisory Services

Restructuring frees divisions to excel in their respective areas – enterprise blockchain applications and advisory services – while jointly expanding their collective footprint in the Web3 market AUSTIN, Texas–(BUSINESS WIRE)–Horizen Labs today announced plans to make its Web3 advisory service a standalone business. The new entity, called ‘Horizen Labs Ventures’

December 1, 2022 3 mins read

Global NFT (Non-Fungible Token) Market Intelligence Report 2022: Market is Expected to Grow by 51% to Reach US$46,157.4 Million by the End of 2022 – Forecasts to 2028 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added to ResearchAndMarkets.com’s offering. Global NFT industry is expected to grow by 51.0% on an annual basis to reach US$46157.4 million

December 1, 2022 5 mins read

Nordic Banks Accelerate Changes Amid Market Shake-up

Traditional banks are modernizing internal and customer-facing technologies to compete with new payment, investment and lending alternatives, ISG Provider Lens™ report says STOCKHOLM–(BUSINESS WIRE)–$III #AI–Banks in the Nordics are going through significant technology and business transitions, moving from legacy systems to new cloud-based platforms and products in response to new

December 1, 2022 5 mins read

Web3 and the Metaverse Will Accelerate Immersive Technology, Says Perkins Coie XR Report

SEATTLE–(BUSINESS WIRE)–After years of heavy investment, XR industry executives and investors have tempered their growth outlook on the sector, according to Perkins Coie’s sixth annual XR Report, released today by the firm. The survey of 150 industry stakeholders involved in XR and NextGen technology, which encompasses technological advancements like Web3

November 30, 2022 4 mins read

Ukraine Eyes CBDC For Retail and International Transactions

The National Bank of Ukraine is contemplating the introduction of a digital Ukrainian hryvnia that would be suitable for a range of applications, including the distribution of virtual assets and their subsequent trade. According to a press release issued on Monday, the Central Bank has met with representatives from the

November 29, 2022 1 min read