“In terms of the market share that we’re trying to carve out, we’re providing a home to retail users where they can come in and possibly deposit a whole basket of assets and hope to have earned some yield on those assets, and on the trading side, being able to access a wider range of assets to arbitrage and trade,” he said. Source
The crypto industry has enjoyed astronomical growth over the last couple of years. Now, talent recruitment experts say that crypto firms are in dire need of good leadership to scale their businesses. Previously seen as a nascent market, crypto is now a fast-maturing industry that attracts a lot of talent, David Richardson, partner at executive search firm Heidrick & Struggles, told Cointelegraph. “It’s all driven by the growth rate of these firms and hiring leaders that can help them continue to scale and continue to keep pace with the growth…
sponsored OKEx Blockdream Ventures Bets on the WAX Ecosystem with WAXP Token Purchase (Miami, FL) December 13, 2021 一 The Worldwide Asset eXchange (WAX) announced today that OKEx Blockdream Ventures are placing a bet on the WAX Blockchain Ecosystem, purchasing a significant position in WAXP tokens with the exact token quantity undisclosed. WAX is the most utilized blockchain in the world and the #1 Metaverse Blockchain for Gaming and NFTs, processing 15 million transactions daily including two-thirds of all game related transactions with over 450,000 daily users. The platform is…
Myanmar’s shadow government, the National Unity Government (NUG), made up of ousted leader Aung San Suu Kyi’s supporters has recognized stablecoin tether (USDT) as its official currency, according to a Bloomberg report on Monday. NUG’s Finance Minister Tin Tun Naing said in a Facebook post that the NUG will now accept the dollar proxy, USDT, for “domestic use to make it easy and speed up the current trade, services and payment systems,” Although NUG holds no official power, it declared war against Myanmar’s junta, a government led by military leaders,…
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GameFi is one of the hottest new trends to emerge from the crypto industry, combining decentralized finance (DeFi) and non-fungible tokens (NFTs) with blockchain-based online games. Unlike many traditional online games, which operate on a “pay-to-win” model and allow players to purchase upgrades in order to gain an advantage over others, GameFi introduces a “play-to-earn” model. This concept involves giving players financial incentives to play and progress through games. In some cases, this has allowed gamers to earn a full-time income by doing so. How it works All objects in…
Crypto tracing firm Chainalysis said it will provide data and compliance tools to Robinhood’s online crypto trading service, Robinhood Crypto. Chainalysis said Robinhood (Nasdaq: HOOD) will use the software to meet compliance requirements and help keep accounts safe, the company said in a blog post Monday. Robinhood Crypto will use Chainalysis KYT to flag “risky and illicit transactions” in real time, and Chainalysis Reactor to help with due diligence into potential suspicious activity. Robinhood has said it expects to make its long-awaited crypto wallet available to all customers by early…
Competition heats up to become the most prominent decentralized exchange on Cardano and several projects vie for the crown. Do.Exchange (DOEX) presents a compelling AMM-based DEX trading terminal catering to both novice and experienced crypto traders. One cannot underestimate the first-mover advantage in this segment. Cardano’s DEX Landscape Expands Seeing so many developers bring a decentralized exchange solution to the Cardano ecosystem is commendable. Since the network received compatibility with smart contracts, coders worldwide have shown a growing interest in experimenting with this network layer. Moreover, investors have shown an…
Myanmar’s shadow government, the National Unity Government (NUG), led by the supporters of jailed leader Aung San Suu Kyi, has declared U.S. dollar-based stablecoin Tether (USDT) as an official currency for local use. As per a report published in Bloomberg, the NUG will accept Tether for its ongoing fundraising campaign seeking to topple the current military regime in Myanmar. The shadow government also raised $9.5 million through the sale of “Spring Revolution Special Treasury Bonds” offered to the Myanmar diaspora across the world. The group aims to raise $1 billion…
SK Telecom is owned by SK Group, one of South Korea’s largest companies. The metaverse requirement stands in contrast to the traditional investments made by the country’s conglomerates, which tend to be focus on industries such as pharmaceuticals, logistics and manufacturing rather than the intangible, digital world. Source