Tag: Platform

Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions

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Even with the onset of crypto winter, 2022 has been a watershed year for venture capital funding. Crypto and blockchain companies collectively raised $30.3 billion in venture capital in the first half of 2022, exceeding all of last year’s totals. While the number of deals has declined in recent months, startups at the intersection of blockchain payments, decentralized finance (DeFi) and cybersecurity are still attracting sizable interest from the VC community. The latest edition of VC Roundup highlights some of the most intriguing funding deals of the past month. Related: The risks…

Meta Expands Instagram’s NFT Rollout to 100 Countries — Platform Connects With Third Party Web3 Wallets – Bitcoin News

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Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols emerging today. Original

Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar

“Bitcoin has brought digital transactions to previously unbanked communities across Latin America, Africa and beyond,” said Galoy CEO Nicolas Burtey in a press release. “However, its volatility makes managing financial obligations difficult. With Stablesats-enabled Lightning wallets, users are able to send from, receive to, and hold money in, a [U.S. dollar] account in addition to their default BTC account. While the dollar value of their BTC account fluctuates, $1 in their USD account remains $1 regardless of the bitcoin exchange rate.” Source

The Smart Contract Platform Sector Explained

While there are 80 digital assets inside the Smart Contract Platform sector, the sector is highly concentrated with ETH1 representing more than half the sector, and the top 10 assets representing 90.6% of the sector. Within the Single Chain industry, significant assets beyond ETH include ADA and SOL2, each with its own blockchain and dapp ecosystem. DOT3, a layer zero relay chain that serves as a hub for other parachains, and AVAX4, the primary network for a series of subnetworks, are other key assets in the sector included in the…

Lending Platform Vires.Finance Gets Go-Ahead for Repayment Plan

“Amid the ongoing crypto winter, it is essential to remember and highlight the core values of decentralization, immutability, freedom from institutional greed and inclusivity that underpin the blockchain sector,” Ivanov said in a press release. “Unlike other platforms, Vires.Finance and Waves keep weathering this storm – largely thanks to the loyal and decisive community that always has the last word in the matter.” Source

Crypto Platform Phemex Becomes Partner of Université Paris Dauphine – PSL To Support Research on DeFi and Cryptocurrency

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Université Paris Dauphine – PSL, the renowned institution of higher education, is collaborating with global crypto exchange Phemex. Professor Herve Alexandre will be the one to lead the research on DeFi and crypto in an educational space. Launched in 2019, Phemex is a Singapore-based crypto platform that’s quickly risen in the ranks among the top crypto derivatives exchanges. It now sees over $10 billion in daily average trading volume and serves over five million users around the world. Research is being led by Professor Alexandre, a well-known and respected professor of finance at…

YOLOREKT dApp Is Live Now. Discover More About the Gamified-Social Price Prediction Platform. – Press release Bitcoin News

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press release PRESS RELEASE. After being in stealth mode since 2020 and undergoing drastic improvements and gameplay enhancements, the ALL-NEW YOLOREKT is now LIVE. People can bid and win in USDC on various assets during 3-minute games. The ALL-NEW YOLOREKT The new YOLOREKT means lots of fun and lots of winning potential. Based on 3-minute rounds, users have an infinite number of chances to bid on whether the Strike price will be above — or below — the actual price of assets like Ethereum, Bitcoin, MATIC, Doge, Tesla, Gamestop —…

Crypto Downturn Floods Market With Rolex and Patek Watches, Trading Platform Says – Bitcoin News

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The latest troubles in the crypto space have allegedly led to an increased supply of second-hand luxury watches, according to a leading trading platform. As a result, prices of sought-after models by major brands like Rolex and Patek have dropped, the company revealed. Higher Supply After Crypto Crash Hurts Resale Prices of Top Watches From Swiss Brands Like Rolex The recent decline in the valuations of crypto assets has directly impacted pricing of luxury watches from Rolex, Patek Philippe and the like, a German online platform that lists hundreds of…

MyCointainer Review – How to Make the Most of the Platform to Earn Great Crypto Rewards

In the year of the global recession that influenced the crypto market as well, it’s important to choose a platform that provides you with different options to earn rewards. You must have heard a lot about crypto staking and how popular it is these days, but it is crucial these days not to limit yourself to a single way to earn crypto coins. In this review, we’ll be going over a MyCointainer platform offering a variety of tools for crypto traders, investors, and stakers. Operating since November 2018 and currently…