Crypto Lender Nexo Allocates Additional $50M for Token Buyback Initiative

“In these challenging market conditions, the NEXO Token has moved consistently with the likes of BTC and ETH,” said Antoni Trenchev, Nexo Co-Founder and Managing Partner, in a press release. “Right now, our investors and clients require solid ground to walk on, and our third token buyback ensures this added stability as we emerge from the latest market roller coaster.” Source

Flare Network and Lena Instruments launch new crowdfunding mechanism

Interoperability-focused blockchain Flare Network has partnered with software infrastructure firm Lena Instruments to implement a crowdfunding mechanism that lowers the risks associated with startup investing.  Lena Instruments announced what it called a “CloudFunding” launchpad that lets Flare investors allocate a percentage of the rewards that they earned into investments to new crypto startups without moving their initial investments. Apart from providing a low-risk investing solution for its contributors, the platform also aims to help projects that have launched on the platform have regular cash flows during the reward distribution periods.…

How Blockchain Can Be Sexy (and Safe)

Perhaps more importantly, VR can also be leveraged to help people safely experiment with their sexual identity and gender expressions. If so, it will be blockchain technology that helps ensure that participants on both sides of the market are kept safe while they explore, in terms of both physical wellbeing and desired level of anonymity. Source link

How L2 Networks Are Changing The World of NFTs

The past few years have seen NFTs explode onto the blockchain scene, progressing from a relatively unknown technology to one that’s been papered across the front pages of seemingly every crypto publication. Alongside the increase in both understanding and trading in NFTs, the global market has continued to rise, predicted to reach an incredible $122.43 billion by 2028. With the expansion of NFTs beyond just digital art, also integrating into Play2Earn blockchain gaming projects and metaverse creations, this digital medium is set for a dazzling future. While progress has been…

Have Bitcoin Whales Started Buying Again? – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock  The crypto market cap fell back below $1 trillion over the weekend, after the Jackson Hole symposium where Federal Reserve chairman Powell reaffirmed the hawkish stance of the U.S. central bank. Meanwhile, the Securities and Exchange Commission has delayed yet another decision on VanEck’s latest bid to launch a spot Bitcoin exchange-traded fund (ETF). VanEck was previously denied a spot Bitcoin ETF in November last year. The date which the SEC will make their decision has been…

Bitcoin: A Long-Term Buy?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin has been one of the most lucrative investments to be in during the last few years, but will it continue to be so, say, in the next 5-10 years? A Bitcoin Bull and a Bitcoin Bear battle it out. — My main tool for fundamental screening and analysis of stocks: tikr.com/tsi (If you sign up I earn a small commission) — How the calculation on gold was made: 50 B.C. yearly salary (Caesar legionnaire) = 225 silver denarii = 9 aureus…

Myria to Offer Myriad L2 Solutions in The Blockchain Gaming Space

Web3-gaming platform Myria has announced the launch of its Layer-2 scaling solution on the Ethereum network. Myria’s Layer-2 solution uses StarkWare’s Zero-Knowledge Rollups (or ZK-Rollups, for short), which bundles many transactions into one before executing on the Ethereum blockchain. As a result, Myria claims it can offer 9,000 transactions per second, which is significantly more than the Layer-1 rate on Ethereum, at 50 TPS. ZK-Rollups also decrease the costs associated with operating on Ethereum, and Myria claims it’s users will be able to mint, sell and buy NFTs with zero…