Tagged: dlt

March 22, 2022 @ 8:15 am By Omar Faridi  |  

Euroclear, a securities settlement house, has reportedly joined a consortium of banking institutions that are developing a payment solution for tokenized assets in the most recent indication of major institutions working with emerging players in crypto-related tech. Belgium- based Euroclear noted that it had acquired… Read More

March 19, 2022 @ 10:44 am By Omar Faridi  |  

Ripple, which claims to be the leader in enterprise-grade blockchain and crypto solutions, is committing 1B XRP to “accelerate development and new use cases on the XRP Ledger (XRPL).” The fund is “an extension to the XRPL Grants program which launched in 2021 and, to… Read More

March 18, 2022 @ 9:16 am By Omar Faridi  |  

Adam Zadikoff, Senior Product Manager at Coinbase (NASDAQ:COIN), notes that making Web 3.0 more user-friendly “means more ways to interact and connect with dapps across a wide range of blockchains and networks.” Coinbase is now introducing their initial phase of support for Solana. SOL tokens… Read More

March 18, 2022 @ 8:43 am By Omar Faridi  |  

TravelX, the firm focused on building the travel industry’s blockchain-powered distribution protocol, announced a $10 million seed funding round – which has been led by Borderless Capital (closed last November). Other investors participating in the investment round from the travel, technology and blockchain verticals included… Read More

March 17, 2022 @ 10:54 pm By Omar Faridi  |  

onXRP.com, a tech and content platform offering “user-driven” innovation to the XRP Ledger (XRPL), and Pastel Network (PSL), the application-specific and “purpose built” NFT blockchain, announced a partnership to improve the security of the XRPL NFT ecosystem. As mentioned in an update shared with Crowdfund… Read More

March 17, 2022 @ 4:24 pm By Omar Faridi  |  

The Kava DAO has reportedly voted to “allocate $750M to on-chain developer incentives, committing majority ownership of the network to the #BUIDLers.” As mentioned in a blog post, high-quality developers are “the most valuable asset to the long-term success of Layer-1 blockchains.” In recognition of… Read More

March 17, 2022 @ 3:28 pm By Omar Faridi  |  

Japanese web app developer Omochi has announced its pre-registration of “tomonity” NFT marketplace on the IOST blockchain. Tomonity’s “unique” benefits for its users reportedly include “free” transactions and a built-in wallet that “eliminates the pain of creating and importing a crypto wallet for new users.”… Read More

March 16, 2022 @ 1:56 pm By Omar Faridi  |  

American Express (NYSE: AXP) has reportedly filed trademark applications in order to register its official name, logo, as well as its slogans for a range of banking services in the Metaverse. In an applications submitted this month, reviewed by Metaverse trademark attorney Michael Kondoudis, Amex… Read More

March 16, 2022 @ 11:52 am By Omar Faridi  |  

Telos Blockchain (Tlos) has reportedly become a virtual tenant of Bloktopia and is currently organizing to “put that space to good work.” Telos (TLOS) tokens are trading at $0.774674 and they have a market cap of just over $200 million at the time of writing… Read More

March 15, 2022 @ 11:07 pm By Omar Faridi  |  

Eizper Chain, the blockchain action-based multiplayer ARPG, has reportedly acquired $2 million in capital via a seed round and private NFT sale. Overall demand for exposure to this blockchain project – the first game in the Eizper gaming franchise – is “accelerating,” according to a… Read More

March 15, 2022 @ 10:20 pm By Omar Faridi  |  

Kaddex, the “first gas-free DEX” (decentralized exchange) built on the Kadena blockchain, has finalized a second sale “completing a total of $8M raised pre-launch.” As confirmed in an update shared with CI, “100% of KDX available in the second round was sold.” The second public… Read More

March 15, 2022 @ 6:14 pm By Omar Faridi  |  

SCB 10X, a holding company under the Siam Commercial Bank (SCB) Group (BKK: SCB), recently revealed that it would be tapping into the Metaverse. As mentioned in the update, SCB 10X will be introducing its first headquarters in The Sandbox. SCB 10X has also reportedly… Read More

March 15, 2022 @ 4:07 pm By Omar Faridi  |  

Huobi Research Institute, the blockchain research organization, recently shared a detailed report on Ethereum rollup solutions, titled “How Far is Rollup from Maturity: A Dive into Rollup’s Development Path.” In the extensive report, Huobi Research Institute analyst Barry Jiang points out some of the “drawbacks”… Read More

March 11, 2022 @ 1:37 am By Omar Faridi  |  

With the integration of blockchain or distributed ledger technology, the online gaming industry is now being steered towards a bigger vision of immersive virtual worlds and gaming economies that give a whole new definition to the industry. Projects like Axie Infinity, Decentraland, and Alien Worlds… Read More

March 10, 2022 @ 9:24 am By Omar Faridi  |  

The Interchain Foundation (ICF), a Swiss non-profit that is focused on advancing interoperable, sustainable, and community-owned decentralized networks, confirms that the Inter-Blockchain Communication protocol (IBC), the backbone of the Cosmos ecosystem, “surpassed 11 million transfers in February.” Introduced in March 2021 as part of Cosmos’… Read More

March 6, 2022 @ 12:57 pm By Omar Faridi  |  

Electric Capital recently raised $1 billion to fund cryptocurrency networks, Web3 protocols, and blockchain-powered businesses. Electric Capital wrote in a blog post that they are long-term investors and partners to their founders. They claim to have spent the past four years “building software and data… Read More

March 5, 2022 @ 7:55 am By Omar Faridi  |  

Polygon and Tether stablecoin are reportedly backing the City of Lugano in its effort to transform this lakeside town in southern Switzerland into Europe’s “blockchain capital.” Lugano will reportedly allow citizens and companies “to use Bitcoin, Tether, and the city’s own LVGA stablecoin to pay… Read More

March 3, 2022 @ 8:27 am By Omar Faridi  |  

Dr. Emin Gün Sirer has a “major beef” with the crypto economy: “It’s not growing fast enough.” As mentioned in an update shared by Mastercard, Dr. Sirer is an early crypto innovator who co-founded the blockchain startup Ava Labs with the goal of digitizing the… Read More

March 2, 2022 @ 6:17 pm By Omar Faridi  |  

Subspace Labs, the developer of Subspace Network, recently revealed that they have finalized a $32.9 million financing round that was led by Pantera Capital along with contributions from Coinbase Ventures, Crypto.com, Alameda Research, ConsenSys Mesh, and KR1. Other investors reportedly include: Hypersphere Ventures, Stratos Technologies,… Read More

March 1, 2022 @ 11:15 am By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM) announced on Monday (February 28, 2022) that it would be making an investment in TRM Labs, a blockchain analysis company, becoming the latest in a growing number of Wall Street giants who are expanding their footprint in the crypto and DLT  industry…. Read More