Tag: Pioneer

DeFi Pioneer Echoes SBF in Call for Tighter Crypto Regulations

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Respected former decentralized finance (DeFi) project founder and developer Andre Cronje has resurfaced after a lengthy hiatus to call for tighter regulations on the crypto sector amid the implosion of multiple firms this year. The comments echo similar sentiments to that of FTX CEO Sam Bankman-Fried (SBF), who also called for more stringent digital asset industry standards last week, including greater consumer protections, transparency, and disclosures. SBF was met with strong community pushback however, with many people accusing the CEO of trying to monopolize or censor the DeFi space, among other…

Defi Pioneer, Bancor, Under Fire for Pausing Impermanent Loss Protection Due to Hostile Market Conditions

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Bancor, a Decentralized Finance protocol often regarded as a pioneer in the DeFi ecosystem, has come under heavy scrutiny after it announced that it would pause its impermanent loss protection program. The DeFi platform cited extreme market conditions for stopping this program. However, Bancor has been criticized for pausing the program when liquidity providers need the protection program the most. Bancor reiterated that the pause would only be temporary, stressing that it was done in a bid to protect the protocol and its users. The post stated, “The temporary…

Digital Wealth Pioneer Yield App Unveils Mobile App for iOS and Android – Press release Bitcoin News

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press release PRESS RELEASE. ESTONIA — 17 JUNE 2022 — Yield App, a global FinTech company and digital wealth platform which has attracted more than 80,000 customers since its launch in February 2021, is now taking on the mobile world with the launch of its iOS and Android app, as it continues on its mission to make digital asset earning opportunities available to anyone, at the click of a button. The brand new, intuitive mobile app allows Yield App’s customers to seamlessly manage their digital wealth on their mobile devices,…

Cardano-Powered Flickto Looks to Be the Solution to Today’s Unfair Media Landscape and Aims to Become the Pioneer of DeMe – Press release Bitcoin News

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press release PRESS RELEASE. Media firms should often be open source and controlled by stakeholders like consumers, artists, and their intermediaries. Decentralized Media’s (DeMe) goal is to build open-source platforms that allow individuals to gain ownership over their data and the media projects that are sponsored and eventually consumed. To that end, Flickto is a solution to the problems produced by today’s media landscape which regularly involve squandered funds, failure to create films and other kinds of Media for the public, and enable big money to dictate the media we…

A Pioneer Collection Drop – Sponsored Bitcoin News

sponsored Non-fungible tokens (NFTs) are a unique data unit contained within a digital ledger and cannot be interchanged. They are used as a representation of items that can be reproduced easily like artwork, images, videos, and audio files, among other digital files. NFTs are unique in their own way, using the blockchain technology in building a verified and accessible certificate of ownership. Happy Hippos are a class of AI-generated NFTs randomly produced via a programmed mechanism and base on based on the Ethereum blockchain. The Hippos have been developed from…

Crypto Pioneer Backed By a16z, Alchemy Raises Value to $3.5B

Alchemy, the pioneer of crypto infrastructure, raised its value to $3.5 billion with a $250 million Series C round of funding led by Andreessen Horowitz (a16z). Alchemy is the leading platform for blockchain and Web3 developers. Currently, they intend to reinvest in the ecosystem’s expansion. Alchemy has seen exponential growth in the past six months with revenues rising over 15 times. They pin their success to their main goal: “make building on the blockchain and Web3 so easy, anyone can do it.”; which turned out to have bigger demand than…

NFT Gaming Pioneer Vulcan Forged Launches New DEX for Gaming Tokens – Press release Bitcoin News

press release PRESS RELEASE. Vulcan Forged has launched a new and revolutionary decentralized exchange for gaming tokens following the success of its gaming metaverse, VulcanVerse. Cardiff, United Kingdom – Blockchain gaming platform, Vulcan Forged, is announcing the launch of the first-ever decentralized exchange (DEX) purpose-built for gaming tokens, VulcanDEX. The DEX will allow users of the gaming platform to trade any gaming token without the need to register. Players will then be able to use their newly acquired tokens in their respective game. Users will also be able to stake…

Start-up Raises $2 Million to Pioneer Cryptocurrency Usage in Francophone Africa – Crowdfunding Bitcoin News

A Cameroonian fintech start-up, Ejara, has raised $2 million to pioneer the usage of crypto and investment services in French-speaking African countries. Coinshares Ventures and Anthemis Group led the funding round in which they were joined by Mercy Corps Ventures, Lateral Capital, Lofty Inc Capital, and Netx Fund. Using Crypto to Protect Savings in Francophone Africa According to a report, the start-up, which was founded by Cameroonian Nelly Chatue-Diop, wants to “level this playing field for the average French-speaking African so they can invest as little as $9 (CFA5,000).” In…

‘There’s a Sense of Vindication’: A NFT Pioneer Looks to the Future

The most expensive non-fungible token (NFT) sold in 2019 was a digital car for the blockchain racing game, F1 Delta Time (at just over $100,000, the sale seems small-fry now). At the time, the “hyper-limited” 1–1–1 was the first official Formula 1 NFT, the first car auctioned by F1 Delta Time, and the priciest virtual car in history. And no one, not even its creators at Animoca Brands, nor OpenSea, the NFT marketplace where the auction was conducted, knew who bought it. The sale was highly controversial and widely seen…

Fish.Pro Is About to Start Its Pioneer Project Event

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Fish.Pro has a plan to create a customized blockchain crossroads of sorts and break the current pattern that can be spotted in the industry by carrying multiple blockchain derivatives. The popularity of the crypto industry has skyrocketed in the last 12 months. The rate of adoption has been pushed significantly, as institutional investors and large corporations moved to get into the crypto industry. Some reports even claim that Americans are using their stimulus checks for cryptocurrency investments. With all that has been going on, this might be a perfect time…