Likvidi Launches Platform with Blockchain Tech for Projects access Carbon Credit Markets

Sustainable finance company Likvidi on Thursday announced a strategic investment and partnership deal with Israeli startup Albo Climate. Through the partnership, the two firms have launched ‘Veriforest’, a new global digital registry forestry platform, to enable small and medium-sized projects to access the carbon offset markets. The carbon credit market has been inaccessible to such landowners due to high transaction, monitoring, and reporting costs that have discouraged their participation. The global digital registry forestry platform, therefore, removes barriers preventing small landowners and midsize forest administrators from accessing the carbon offset markets. The platform will make it…

This oracle data provider platform has surpassed 4 million nodes since inception

Can a fully-functional oracle network ecosystem that anonymously collects and validates geospatial (location-specific) data exist? One blockchain firm seems to have gotten the gist of the idea. Founded in 2012, XY Labs and its namesake protocol XYO, which is built on the Ethereum blockchain, seek to reward participants for the genesis, interpretation, analysis, and storage of data to be called upon for specific problems. There are currently over 4 million nodes worldwide on the XYO network.  In a recent ask-me-anything (AMA) session with Cointelegraph Markets Pro, Arie Trouw, founder of…

Reasons Crypto Platform Celsius Appears to Be Insolvent

As “the season of red” continues in the cryptocurrency world, Celsius, a do-it-all fintech app that gives users easy and trusted access to crypto services, as of June 14, appears to be insolvent. This state of insolvency can be attributed to two wrong moves made by the cryptocurrency platform. The first of the moves is when it uses on-chain leverage and the second is using stETH. The stETH move is a problem that came up when the company used an ETH derivative called stETH to pump up its ETH yield…

Crypto Exchange Billium Launches Revolutionary Copy Trading Platform

A Dubai-based crypto exchange is launching a revolutionary Copy Trading platform. Copy Trading is a mutually beneficial relationship for both amateur and professional traders. The platform will allow new traders to copy and trade like professionals are bringing even more innovation to the space. When it comes to trading, having the right information is always the difference between making a profit and a loss. With Billium, amateur traders are assured of always getting real-time updates from their preferred professional traders. Not only does Billium plan to shake up the Copy…

Avaxfi, a Defi Lending Platform, Secures VC Funding From Zen Capital

Zen Capital is a crypto venture capital fund company that has quietly built a portfolio of promising companies. This crypto venture capital fund is led by a team of entrepreneurs and technologists who believe that the power of decentralized technology can change the world. One of the company’s goals is to work with blockchain entrepreneurs looking to build cryptocurrency platforms that will be relevant for years. Zen capital is a Limited Partner of Pantera Capital. Pantera Capital is the first US institutional asset manager focused exclusively on blockchain technology. Zen…

the World’s Only DeFi Platform That Always Rewards, No Matter the Market – Sponsored Bitcoin News

sponsored The cryptocurrency Winter is (NOT) here to stay. If the media was any indicator of the current state of the cryptocurrency industry, one would think it was time to “pack up” and find a new technology to invest both time and money into. It is true that the cryptocurrency industry is currently experiencing another so called “cryptocurrency winter” and while numerous references may be cited to support that, it is also true that this is not the first nor the worst one. In fact, well supported and funded projects…

PayPal Allowing Crypto Off Its Platform Heralds a First Step Away From Fiat World, CEO Schulman Says

“We will instantaneously take your crypto and translate it in to fiat, and you will be able to use that in any one of our 35 million merchant accounts, so we are trying to add functionality,” Schulman said. “But what we just did with transfers, is kind of like the opening step as you might think about us moving from a fiat-orientated world to a digital currency one.” Source

Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption

Circle, a peer-to-peer financial services firm, has agreed to acquire Cybavo, a digital asset infrastructure platform. The deal will allow Circle to provide “infrastructure as a service” for firms wanting to develop on Web3. Developers will be able to work on their products without having to worry about digital asset security, operations, or blockchain infrastructure management. According to the Friday press release, Circle and CYBAVO intend to further promote the adoption of USD Coin (USDC) and Web3 applications while integrating technology deeply into their core product suite. Circle signed an…