Tagged: distributed ledger technology

Digital Investment Platform Bitpanda to Invest €10M into Blockchain Research and Development Hub

Austria’s Bitpanda, the digital investment platform which has managed to achieve Unicorn status, reveals that it will be investing €10 million during the next couple years into the newly established Blockchain Research & Development Hub. The new Blockchain Research & Development Hub could potentially attract… Read More

DeFi Report from ConsenSys: 2.91M Unique Ethereum Addresses Using Decentralized Finance Protocols in Q2 2021, a 65% Growth from Q1

The team at Brooklyn, New York based ConsenSys, a leading Ethereum (ETH) development studio, has published its latest report on the Current State of DeFi. The report from ConsenSys provides a detailed analysis of Ethereum’s decentralized finance ecosystem and its ongoing growth during Q2 2021…. Read More

Jacobo Toll-Messia: Ethereum Scaling Solution Nahmii Founder Reveals They’re Focused on Real-World, Commercial Use-Cases for Blockchain

We recently caught up with Jacobo Toll-Messia, the Founder and CEO at Nahmii AS, which is focused on providing layer-2 scalability solutions for Ethereum (ETH), the world’s largest smart contract platform. Jacobo talked about the different approaches taken to effectively scale enterprise-grade blockchain or distributed… Read More

Multi Cloud Decentralized Storage Options are Being Offered by Akash Network and Filebase

The Akash Network and Filebase will be providing multi-Cloud decentralized storage options, according to an update shared with CI. Today, Akash Network, an open-source, decentralized Cloud revealed that they’ve partnered with Filebase, the world’s “first object-based storage” platform in order to offer multi-Cloud, decentralized web… Read More

Ethereum and Web 3.0 focused SKALE Network Rolls Out First Set of dApps for MainNet Launch

SKALE Network, the multichain network of “unlimited” Ethereum blockchains for powering Web 3.0 today, has initiated a roll out of the first decentralized applications (dApps) to go live on Mainnet. As mentioned in an update shared with CI, the release of the SKALE IMA bridge… Read More

NFTs: New York Knicks Fans May Commemorate NBA Season with 3D NFT Tickets, which Launched on Sweet Platform

Sweet, which aims to empower brands to deploy NFTs to broader consumer bases through immersive & integrated experiences, driving new revenue & engagement, is making non-fungible tokens or NFTs accessible to everyone. On May 23, 2021, more than 15,000 “fired-up” Knicks fans had shown up… Read More

Binance Smart Chain, Cardano (ADA) Support Updates Made by Blockchain Security Firm SecuX Technology

SecuX Technology Inc. is pleased to confirm the launch of new features – which include the support of WalletConnect, Binance Smart Chain (BSC) and Cardano (ADA), to be released on July 29, 2021, as well as the new user interface of the firm’s SecuXess web… Read More

NEO Blockchain Developers Announce New Codebase Modifications, and Frontier Launchpad Results

The developers of NEO, a blockchain platform supporting an open network and smart economy, reveal that the Neo Frontier Launchpad winners were recently announced. Around two months back, the NEO team had put out a call for “trailblazers” who were “up to the challenge” of… Read More

Multichain Relayer Infrastructure Network Biconomy Secures $9M from DACM, Mechanism Capital, Coinbase Ventures, Others

Biconomy, a multichain relayer infrastructure network and transaction platform that enables Web3.0 developers to easily build applications, has revealed that it secured $9 million in a private funding round that was led by DACM and Mechanism Capital, along with contributions from  Coinbase Ventures, Coinfund, True… Read More

Fernando Martinelli: Balancer Co-Founder Says DeFi Is Going to Be the Rails of Every Financial Application in Next 10-20 Years

We recently connected with Fernando Martinelli, the Co-founder and CEO at Balancer Labs, which supports the ongoing development of Balancer, an automated portfolio manager and digital asset liquidity provider. As covered in May 2021, Balancer Version 2.0, the “most flexible” and efficient automated market maker… Read More

Decentralized Finance Oracle Band Protocol Enhances Interoperability within the Cosmos Blockchain Ecosystem

Decentralized finance (DeFi) Oracle Band Protocol is enhancing its interoperability within the Cosmos ecosystem. As of July 22, 2021, the Band Oracle has reportedly been integrated into the Cosmos ecosystem, via Starport, in order to further “the realization of the Internet of Blockchains.” As mentioned… Read More

Digital Asset Risk Management Platform Elliptic Chosen by Fintech Paysafe to Help Manage Crypto Exposure

Elliptic, a company focused on crypto-asset risk management, has been chosen by Paysafe, a specialized payments platform, for its Elliptic Lens solution. Paysafe is now able “to manage indirect exposure to cryptocurrency-related risks and bolster their cryptocurrency controls,” according to an update from Elliptic. Paysafe,… Read More

KPMG has Been Awarded Patent for Chain Fusion, a Suite of Analytics Capabilities for Crypto-Asset Data, Infrastructure Products

KPMG has been awarded a patent for Chain Fusion. KPMG LLP confirms that the patent was provided by the United States Patent and Trademark Office for Chain FusionTM, which is a suite of advanced analytics capabilities developed on crypto-asset data and infrastructure products. The solution… Read More

Canadian Firm Figment Explains how Cosmos based Provenance Blockchain Supports Nascent DeFi Ecosystem

Provenance is a Cosmos-powered blockchain whose goal is to create a “vibrant” ecosystem of decentralized financial (DeFi) services for a variety of financial institutions such as asset originators, fund managers, servicers, banks, and investors. The Proof of Stake (PoS) blockchain is “distinguished by three elements:… Read More

Crypto.com Introduces New Testnet Cronos, the Crypto.org EVM Chain Running Alongside Crypto.org Chain

Crypto.com is introducing the new testnet of Cronos, the Crypto.org Ethereum Virtual Machine or EVM chain, today on July 20, 2021. As noted in an update shared with CI, Cronos is the EVM chain that is running in parallel to the Crypto.org Chain. It has… Read More

Enjin, a Blockchain for NFTs, Becomes First NFT Firm Accepted into UN Global Compact for Sustainability

Enjin has reportedly joined the United Nations Global Compact in order to promote sustainability and equality. Enjin says that it is committed to the UN Global Compact corporate responsibility initiative and its principles “in the areas of human rights, labor, the environment and anti-corruption.” Enjin,… Read More

Global Fintech Circle, which will Go Public, Explains how DeFi Lending Is Similar to Traditional Lending Processes

The team at global Fintech Circle, which will go public in a $4.5 billion SPAC deal, notes that the promise of decentralized finance (DeFi) is to transform or fundamentally improve financial services by offering greater transparency, security, and community governance by leveraging blockchain or distributed… Read More

Blockchain Analysis Providers’ Data Reveals Dramatic Variations on Details About P2P Crypto Transactions: Report

Leading blockchain analysis firm Chainalysis has released an update titled, “Not All Blockchain Analysis Providers Are the Same and Other Insights from FATF’s Second 12-Month Review.” The Financial Action Task Force (FATF) is the inter-governmental entity that’s responsible for establishing international standards relating to anti-money… Read More

DeFi focused Wealth Management Platform YIELD App Reports Strong H1 2021, with 45,000+ Users

The team at YIELD App, the developers of a fast-growing wealth management platform for digital assets, has published their second progress report – which reveals that users for their app have doubled while assets have increased by 3x since the last update. The YIELD App… Read More

Digital Asset Exchange Liquid Group and Stellar Development Foundation Offering Stellar USDC to Liquid’s Clients

Digital currency exchange platform Liquid Group, Inc. and the Stellar Development Foundation (SDF) have revealed that Stellar USDC, a major stablecoin, is now available to Liquid’s exchange clients. Liquid is adding multi-chain support for USDC by expanding its products into a Stellar-enabled version. By bringing… Read More

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