Tagged: distributed ledger technology

October 3, 2020 @ 3:39 pm By Omar Faridi  |  

DeFi (decentralized finance) growth continued this week as Galaxy Digital, a full-service crypto merchant bank, made strategic investments in Parafi, a digital asset fund focused on DeFi investments. As noted by KuCoin exchange (which was hacked recently): “Following bitcoin (BTC) and ethereum’s (ETH) trajectory, leading… Read More

October 2, 2020 @ 1:27 pm By Omar Faridi  |  

The developers at MANTRA DAO, a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, have confirmed that they’ve officially launched their staking platform. The MANTRA DAO team noted that they’re pleased to announce that… Read More

October 1, 2020 @ 11:39 pm By Omar Faridi  |  

Ontology (ONT), a high-throughput or “high-performance” blockchain for developing decentralized applications (dApps), has now recorded over 6.1 million dApp transactions on its mainnet (since it was launched). There are at least 82 dApps that have now been released on the Ontology mainnet, according to the… Read More

October 1, 2020 @ 10:27 pm By Omar Faridi  |  

The developers at Kava (KAVA) have noted that Kava.io serves as a cross-chain decentralized finance (DeFi) hub. It provides various applications and services to major cryptocurrency networks. According to its developers, the Kava platform operates as a “decentralized bank” for crypto-assets. It helps users connect… Read More

October 1, 2020 @ 9:58 pm By Omar Faridi  |  

Trent McConaghy, the Founder at Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, has confirmed the launch of Ocean data farming – which is described as a program to “incentivize a supply… Read More

October 1, 2020 @ 8:50 pm By Omar Faridi  |  

AI and machine learning network Fetch.ai has noted that following the events of the recent KuCoin exchange hack this past weekend (which led to around $280 million in crypto tokens being stolen, a lot higher than the previous $150 million estimate), they’re now watching developments… Read More

October 1, 2020 @ 9:54 am By Omar Faridi  |  

Triterras, a blockchain-based Fintech solution provider for trade finance, has released its financial results for the past six months (ending on August 31, 2020). Triterras generated $23.7 million in revenue during this time period. The company reported a net income of $14.2 million and its… Read More

September 30, 2020 @ 9:39 pm By Omar Faridi  |  

The VeChain Foundation, an organization supporting the development of VeChain, a blockchain platform for supporting supply chain management (among other use cases), notes that non-fungible tokens (NFTs) represent unique assets that may be tracked on blockchain-based networks. The VeChain Foundation points out that NFTs have… Read More

September 30, 2020 @ 7:28 am By Omar Faridi  |  

UK-based Fintech firm Fasset, a provider of blockchain-based solutions for the financing of sustainable infrastructure, has reportedly been approved or authorized to test out its software which tokenizes hard assets. The project is part of Bahrain’s Fintech regulatory sandbox program. The permit was issued by… Read More

September 29, 2020 @ 10:30 pm By Omar Faridi  |  

Kadena, the first blockchain tech-focused firm to come out of J.P. Morgan’s Blockchain Center for Excellence, confirmed in August 2020 that they had performed major updates to their scalable layer-1 public blockchain network. Kadena’s developers claim that they have one of the fastest blockchain platforms… Read More

September 29, 2020 @ 2:58 pm By Omar Faridi  |  

1inch.exchange, a decentralized or non-custodial crypto exchange (DEX) aggregator, notes that they’re always working on making improvements to the overall security of their service. The 1inch team confirmed that they’ve teamed up with Hacken, an established provider of cybersecurity solutions. The 1inch team stated: “We… Read More

September 28, 2020 @ 9:49 pm By Omar Faridi  |  

Crypto exchange OKCoin confirms that they recently listed Uniswap’s UNI governance token and are now planning to list cUSDC and cUSDT tokens from Compound, which is another major algorithmic money market developed on Ethereum (ETH). As explained by the OKCoin team, UNI is the governance… Read More

September 27, 2020 @ 7:07 pm By Omar Faridi  |  

Markus Jun, founder and CEO of ICON’s Accelerator Partner and Seoul Launchpad of ICXStation, HyperConnector (online accelerator for the ICON ecosystem), recently confirmed that ICONLOOP will be working cooperatively with Pohang, POSCO and POSTECH to develop a (decentralized ID) DID ecosystem with MyID. Jun noted… Read More

September 27, 2020 @ 10:03 am By Omar Faridi  |  

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, has teamed up with Polkastarter, the decentralized or non-custodial exchange (DEX) that helps “decentralized” projects with raising and exchanging funds… Read More

September 26, 2020 @ 8:54 am By Omar Faridi  |  

AI and machine learning network Fetch.ai has unveiled an outcome of its developer engagement project, which aims to make it easier to develop applications and related services on top of the Fetch.ai network. The Fetch.ai team noted that they’ve built what they call an “Autonomous… Read More

September 24, 2020 @ 7:56 pm By Omar Faridi  |  

Markus Jun, founder and CEO of ICON’s Accelerator Partner and Seoul Launchpad of ICXStation, HyperConnector (online accelerator for the ICON ecosystem), recently confirmed that ICONLOOP‘s VisitMe has surpassed 100,000 users and more than 1,000 sites are now using the service. Jun noted that these sites… Read More

September 24, 2020 @ 12:17 pm By Omar Faridi  |  

Antony Welfare, Chief Commercial Officer at NEM Group, an organization supporting the development of NEM, a blockchain or distributed ledger technology (DLT) based platform for building enterprise-grade applications, states that blockchain tech is now more than 10 years old (as far as its application is… Read More

September 24, 2020 @ 9:00 am By Omar Faridi  |  

Bison Trails, a major blockchain infrastructure-as-a-service firm, revealed on September 24, 2020 that it will be powering ZKValidator, which aims to support privacy and zero-knowledge research by operating community-focused public (transaction) validators on leading proof of stake or PoS protocols such as Cosmos, Polkadot, Kusama,… Read More

September 23, 2020 @ 10:57 pm By Omar Faridi  |  

The team at Ontology (ONT), a “high-performance” or high-throughput blockchain platform, have revealed that Citadel.one has joined the Ontology Global Community Contributor (GCC) network, an initiative that aims to effectively leverage blockchain or distributed ledger technology (DLT) to streamline real-world business processes. Citadel.one has been… Read More

September 23, 2020 @ 8:44 pm By Omar Faridi  |  

The developers at Avalanche, a blockchain project led by Cornell professor Dr. Emin Gun Sirer, have announced that their platform’s native AVAX token will be available for trading on Binance, the world’s largest digital currency exchange. AVAX token trading will be available on Binance, beginning… Read More