Month: February 2022

The DeFi Protocol Building Liquidity For A Multi-Chain World

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VenomDAO has been bringing liquidity to the Harmony ecosystem since its launch. It has continued on this path with a number of products that allow users of the network to take advantage of its unique opportunities. It played an important role in ushering DeFi users into the Harmony ecosystem and its liquidity infrastructure is being applied across multiple blockchains. As the one-year anniversary of the protocol draws close, VenomDAO has continued to provide a much-needed service to the Harmony community. From the launch of ViperSwap, the first AMM/DEX offering incentives…

SoFi Chief Says “We’re Not Left Behind” In Regards To Blockchain Technology

Anthony Noto, CEO of SoFi Technologies, talked about the risks associated with cryptocurrency before revealing that he holds some digital assets. In an interview with CNBC, Noto explained; We’re invested in cryptocurrency. We own bitcoin, we own ethereum, we own some of the more obscure and different cryptocurrencies, but it’s a very small part of what we own. Related Reading | SoFi Gets Bitlicense Approval for Crypto Trading Service Noto additionally said; When you buy cryptocurrency on SoFi, every time we give you a warning: It’s an unproven asset, highly volatile.…

Crypto Custodian Fireblocks Acquires Stablecoin Firm First Digital

“We started working on Libra together back in 2019; Fireblocks, from a secure wallet perspective, and First in terms of payment protocols on the blockchain,” said First Digital CEO Ran Goldi. “We think that between the PSPs [payment service providers] both companies work with, we probably have over 2 million merchants that we can serve in 2022.” Source

Fireblocks acquires stablecoin payments platform First Digital

Blockchain infrastructure company Fireblocks has finalized the acquisition of First Digital, a stablecoin and digital asset payment platform, as part of a broader effort to expand its payment capabilities for the cryptocurrency sector.  The acquisition gives Fireblocks additional resources to enable payment service providers to acquire cryptocurrencies and accept payments in digital assets, potentially opening the door to wider use cases for the emerging technology. According to Fireblocks, merchants today are eager to integrate crypto payments but high wallet integration costs and manual Know Your Customer and Anti-Money Laundering screening…

Decentraland MANA Token Flexes Muscle — Can It Break Past Its No. 29 Spot?

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The value of the popular Decentraland currency MANA has hit the $3.27 today, Feb. 16, which market observers say is 10% higher than the past 24 hours. The data is based on a detailed real-time forecast and a technical analysis. As of this writing, the market capitalization of the cryptocurrency is at USD1,349,167,774. MANA is now the 29th most valuable cryptocurrency in terms of market value. Decentraland is offered on 204 crypto exchanges around the world. Its native crypto has been the most popular on exchanges including Binance, CoinTiger, and…

Portugal slowly becoming a ‘haven’ for European Bitcoiners

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While Switzerland holds the spotlight for being the most crypto-friendly jurisdiction in Europe, Portugal is picking up the pace. Indeed, the republic offers more than just quality of life improvements for Bitcoin (BTC) owners, including an attractive fiscal environment and a growing Bitcoiner community. Cointelegraph recently interviewed the Bitcoin Family, who recently relocated to Portugal, learning that there was more to the move than pursuing “300 days of sunshine” and “cheap coffee.” Didi Taihuttu, father and husband to the Bitcoin Family, first spoke to Cointelegraph six years ago. In 2016, he…