Tagged: distributed ledger technology

DOGAMÍ Acquires $6M from Ubisoft and Others to Launch The Petaverse on Tezos (XTZ)

DOGAMÍ, which claims to be the first-ever mass-market play-to-earn NFT game powered by Tezos (XTZ), has secured $6M in capital from Ubisoft, Animoca Brands, and The Sandbox co-founders. The funding from DOGAMI’s investment round should help with “establishing the future of pet ownership 3.0” and… Read More

Blockchain Grants: New Funding Initiatives Announced to Support Software Development on NEO N3

The NEO blockchain developers noted that they are focused on building on a commitment to support application developers who make meaningful contributions to the Neo blockchain ecosystem. As mentioned in a blog post, Neo has introduced three different grant programs into the Eco Support ecosystem…. Read More

HERMESNET, which Aims to Automate a Manual Legacy in Private Equity, Secures £145,211 from 107 Investors via Crowdcube

HERMESNET, which aims to automate a manual legacy in private equity (PE), has acquired 96% (£145,211) of its £150,000 fundraising target from 107 investors. HERMESNET has secured capital via its crowdfunding campaign being carried out through Crowdcube (with 24 days left in the sale at… Read More

NatWest Digital Business Bank CEO Marieke Flament to Leave Role for Blockchain Project NEAR

Marieke Flament, the Chief Executive at NatWest’s virtual bank for businesses, is reportedly getting ready to leave her role after two and a half years. Flament will be joining Switzerland-headquartered blockchain foundation NEAR as the CEO, she confirmed in statements shared with Reuters. The non-profit… Read More

Binance Labs Makes Strategic Investment in League of Kingdoms to Enhance Web 3.0 Gaming Industry

Binance Labs, the venture capital and innovation incubation division of Binance, has reportedly invested in the League of Kingdoms (LoK), which claims to be the world’s first decentralized MMO NFT strategy game built on Ethereum (ETH). In LoK, players are able to build various kingdoms… Read More

ConsenSys Rollups Introduced with Assistance from Mastercard, Enabling Scalability on the Ethereum Mainnet and Permissioned Chains

ConsenSys, the Ethereum software firm, has announced the launch of ConsenSys Rollups, in order to offer enterprise-grade scalability to various financial organizations, addressing the key use case of “scalable applications on the Ethereum blockchain.” ConsenSys leveraged the expertise of Mastercard’s engineering team to “design the… Read More

Financial Services Firm, JST Capital, Joins Pyth Network, a Next-Gen Oracle Platform

JST Capital, an international financial services company specializing in digital assets, has  announced that it has joined the Pyth Network, which claims to be a next-gen Oracle platform designed to offer trusted and verifiable market data to decentralized applications (dApps), and will be offering real-time… Read More

NFTs: Arabian Camels to Introduce “Antara” Movie NFT in Collaboration with Swapp Protocol

Merzouga, Morocco Desert Camel andrea-cappiello unsplash

In an attempt to improve the movie industry, NFT Community Arabian Camels and Swapp Protocol have introduced the “Antara Movie NFT,” which allows buyers to hold as much as 50% Intellectual Property rights to “Antara,” a $50M feature film based on the life of Arabian… Read More

Play to Earn Blockchain Gaming Platform, Gala Games, Teams Up with Huobi Global

Gala Games, the blockchain gaming firm that’s focused on the play-to-earn space, has announced a partnership with Huobi Global in order to help with better serving the distributed ledger tech (DLT) gaming sector, as Gala continues to expand its developer ecosystem. Chosen as the “preferred”… Read More

Baton Systems Tech Is Powering Interbank Riskless Settlement Outside of CLS

The first interbank Payment vs Payment (PvP) settlement outside of CLS has been completed using Baton Systems’ Core-FX solution, which is built on Baton’s distributed ledger technology (DLT) and “governed by the Baton Rulebook.” Standing at the threshold of a “new era” in FX settlements,… Read More

Bitcoin Microtransactions: Chainalysis Adds Support for Lightning Network as Layer 2 Payment Protocol Gains Considerable Global Adoption

Blockchain analysis firm Chainalysis recently announced product support for the Lightning Network (LN), which is a Layer-2 protocol built on the Bitcoin (BTC) blockchain that enables “faster, cheaper transactions.” With Lightning, small, recurring transactions that wouldn’t be economical to carry out on the blockchain due… Read More

Kava Labs Teams Up With Nervos to Offer Cross-Chain Liquidity

Nervos will reportedly be integrating the Kava network with their cross-chain Force Bridge product to “enable the bridging of liquidity between Kava and Nervos.” As explained in a blog post, the integration will allow for “the movement of native assets between the chains, giving $CKB… Read More

Parallel Finance $300M Crowdloan Seals 4th Polkadot Parachain

Parallel Finance, an institutional-grade lending protocol for decentralized finance (DeFi), has reportedly secured the fourth slot in the Polkadot parachain auctions. Over 30,000 contributors have “contributed a total of 10.75 million Polkadot (DOT) tokens during the fourth round of the auction, equivalent to $306 million,”… Read More

Pontoro Secures $6M+ via Seed Round for Infrastructure Financing Digital Asset Platform

Pontoro, the financial tech firm focused on creating the first institutional-grade digital asset securitization and liquidity platform to address “the $15 trillion shortfall in infrastructure debt finance by enabling broader investor participation,” has announced a $6 million preferred seed round that was led by Ulu… Read More

Luxury Resort and Vacation Property, LynKey, Announces Tokenization and NFT Solutions Project

Global platform LynKey, which powers luxury resort and vacation property with blockchain and AI tech, has announced a project for tokenizing and providing NFT solutions of more than $8 billion for travel and tourism by leveraging smart contracts. LynKey will be digitizing luxury resorts and… Read More

Solana enabled Play-and-Earn Game MonkeyBall Secures Investments from Alameda Research, YGG, Drive-by-Draftkings’ VC

The team at Play-and-Earn game MonkeyBall is confirming that they have beefed up their list of backers. MonkeyBall, a Solana-based gaming platform, stated that it’s pleased their partners wanted to join the MonkeyBall journey and were able to hand-pick backers with a solid reputation and… Read More

State Street Digital, Vanguard, Symbiont Complete Live Trade for Foreign Exchange Forward Contracts via Blockchain Tech, Smart Contracts

State Street Corporation (NYSE:STT), in collaboration with Vanguard and Symbiont, has announced that the companies have completed the margin calculation process “for a live trade of a 30-day foreign exchange forward contract through the use of Assembly, Symbiont’s distributed ledger technology.” As mentioned in the… Read More

Syscoin Smart Contract Chain Now Live, Claiming to Offer “Best” of Bitcoin and Ethereum

Phase One of the NEVM launch is now officially complete, the Syscoin team announced in a recent update. Their Bitcoin-secured Layer 1 for EVM smart contracts “reached mainnet on block 1,317,500, December 6th, 2021,” according to an update shared with Crowdfund Insider. With this upgrade… Read More

DLT: SETL Demonstrates 1M Transactions Per Second on the Blockchain

SETL, a blockchain settlement and payment infrastructure provider, reveals that it has had one of those “breakthrough moments” after its Regulated Liability Network (RLN) was reportedly able to demonstrate that it successfully processed 1 million transactions per second (TPS). The RLN is described as a… Read More

New NFT Marketplace to be Launched by Blockchain.com, Allowing Users to Buy, Sell NFTs via Wallets

Beginning on December 2, 2021, people may sign up to get first access to the Blockchain.com NFT marketplace. In the coming weeks, users may start purchasing, selling, and storing non-fungible tokens or NFTs right inside their Blockchain.com Wallet. As mentioned in an update from Blockchain.com… Read More

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