Day: December 6, 2021

Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal

boss

Kotak, India’s leading private bank, has reportedly become the first to open its gates to the crypto community, as per a report published in Economic Times.  The banking giant announced it has partnered with the leading crypto exchange WazirX, which would allow traders to use the banking services to liquidate their funds. The partnership between the two parties is being seen as a major breakthrough for the crypto community given Indian banks have frozen crypto payments and withdrawals for the past eight months. “WazirX has opened an account with Kotak…

Alameda Research leads $35M fund raise for crypto trading app Stacked

boss

Alameda Research, a cryptocurrency trading firm founded by crypto billionaire Sam Bankman-Fried, has led a $35 million investment in the automated crypto trading app Stacked. On Dec. 9, the startup officially announced the successful completion of a Series A funding round co-led by Alameda and Mirana Ventures, a venture partner of Bybit exchange and BitDAO. The new funding will reportedly help Stacked grow its 40-person team to over 100 employees in 2022 and continue scaling its suite crypto portfolios and automated lending products. According to Alameda Research Ventures’ partner Brian…

ChainSwap to Launch Industry’s First Cross-Chain Aggregator

boss

ChainSwap, a cross-chain asset bridge & application hub for smart chains, launched its cross-chain bridge aggregator today. The initial version of ChainSwap Cross-chain Bridge Aggregator integrates three leading bridge solutions, namely Poly Bridge, Multichain, and AnySwap. More bridges are expected to be supported by the aggregator. ChainSwap’s final goal is to integrate all cross-chain bridges available on the market and become the go-to platform for cross-chain solution seekers. Why a Bridge Aggregator: Current Challenges Imagine that you want to transfer a token from ETH to BSC with a decentralized cross-chain…

VCs in Talks to Invest $50-$150M in Polygon: Report

A group of venture capital (VC) investors are in talks to back Ethereum scaler Polygon with an investment of $50 million – $150 million, according to a report from TechCrunch on Monday. Sequoia Capital India and Steadview Capital are looking to make said investment through the purchase of MATIC tokens, the native coin of the Polygon network, TechCrunch reported, citing sources familiar with the matter. Polygon is a “Layer 2″ product, which work on top of primary blockchains in order to speed up transactions. It aims to solve the scalability…

A Decentralized Social Media and Data Storage Protocol

boss

Web3 promises to break us free from the centralized mega-corporation dominance of the Web2 generation, opening up a plethora of decentralized, peer-to-peer use cases that leverage the potential of the internet of value. While Web3 adoption has so far centered around DeFi, NFTs, and more recently GameFi, social media and data storage are also ripe for decentralization as SocialFi sets up to potentially become the next big thing. Building a Decentralized Reddit and Data Portal for Web3 Applications myMessage is the world’s first-ever decentralized Reddit-like social media and data storage…

Bug in Solana Token Lending Contract Fixed, More Than $2 Billion Made Exploitable – Bitcoin News

boss

A bug in the token lending contract of the Solana Program Library (SPL) was recently found and fixed by Neodyme, a security auditing firm. The bug, that was discovered a couple of months back, could have affected several decentralized finance protocols holding more than $2 billion in total value locked (TVL). Their team identified the possible protocols using this contract (or derivatives of it) and disclosed the bug immediately. Solana SPL Rounding Bug Puts Funds at Risk A bug in one of the token lending contracts that is…

รู้จักหุ้น Coinbase (COIN) ผู้เปิดประตูสู่โลกคริปโต | Get to Know Vol.5

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase กับเป้าที่ใหญ่กว่าแค่การเป็น Crypto Exchange ฟีเจอร์เขาไม่เยอะ แต่เขาได้เปรียบด้านได้บ้าง ลองฟังดู Playlist ดีๆ ขอแนะนำ: • รู้จักหุ้นอเมริกาแบบเจาะลึกใน Playlist … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version