Platform Archives

Amazon NFT Platform Is Gamechanger

March 15, 2023

With the use cases of NFTs constantly multiplying, there are many speculations as to what Amazon will focus on. Top players in the NFT space have adjudged the rumors of an Amazon NFT platform to be a potential game changer. The rumors started swirling about the platform after Amazon CEO Andy Jassy noted the e-commerce giant may sell NFTs. Since then, different reports have emerged outlining how the company could move forward with the initiative. One report even suggested that the e-commerce giant will be ready to launch the platform…

Blockchain Firm RockX Unveils Institutional Liquid Staking Platform

March 15, 2023

The company is initially targeting exchanges and wealth management platforms, with a view to attracting large funds and banking institutions further down the line, founder and CEO Chen Zhuling told CoinDesk in an interview. Crypto trading firm Amber Group, a RockX investor, will be one of Bedrock’s first clients. Source

Crypto Platform Anchorage Digital Laying Off 20% of Its Staff: Bloomberg

March 14, 2023

“The need for better crypto infrastructure is growing ever clearer,” Anchorage said in a statement to Bloomberg. “For us, that means focusing resolutely on our status as an unequivocal qualified custodian, among other safe and regulated ways for institutions to participate in the digital asset ecosystem.” Source

Accounting Platform Cryptio Partners With Protocol Labs to Help Filecoin Miners Go Public

March 14, 2023

For bitcoin, the world’s largest cryptocurrency by market value, a number of mining companies of the cryptocurrency are listed on public stock exchanges, Marathon Digital (MARA) and Riot Platform (RIOT) to name a few. The publicly traded bitcoin miners have seen a massive exodus from investors during the recent crypto winter, which included a slump in bitcoin prices and rise in energy costs for the mining companies. Source

Signature Bank’s Signet Platform Still Works, But Some Clients Have Moved On

March 14, 2023

“With all of the deposits and substantially all of the assets of former Signature Bank, the bank will continue to take care of its clients, providing a full suite of loan, deposit, and banking services,” said new Signature Bridge Bank CEO, Greg D. Carmichael, in a press release. The release did not mention Signet, however. Source

Privacy blockchain platform Aztec to shut down Aztec Connect

March 13, 2023

Privacy blockchain platform Aztec has announced that it will be shutting down Aztec Connect, the network’s privacy infrastructure that acts as the encryption layer for Ethereum. The network was launched in July 2022 and has since amassed more than 100,000 users. However, the company has now officially announced that it will be closing down the service. The closure of Aztec Connect will involve disabling deposits from front-ends like zk.money and zkpay.finance on March 17. Users will be able to withdraw their funds from Aztec Connect with no fees for one…

Gate.io to list Mintlayer, a layer-2 platform bringing DeFi to Bitcoin

March 10, 2023 boss

Gate.io, one of the leading cryptocurrency exchanges supporting over 1,400 coins and stablecoins, will list Mintlayer’s ML token from Mar. 21, 2023. Mintlayer is a layer-2 solution that opens Bitcoin to decentralized finance (DeFi) and more. Users can autonomously swap bitcoin (BTC), through automatic swaps, for other tokens minted on the platform. Gate.io to list ML The ML token is for staking, governance, and powering the protocol’s ecosystem tools. Besides, the token is used for paying network fees. Projects wishing to issue tokens on the layer-2 platform must also pay…

Digital Art Platform and Residency Program Wildxyz Raises $7M

March 9, 2023

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Securities Platform DEFYCA to Release Tokenized Private Debt Protocol on the Avalanche Blockchain

March 9, 2023

On the protocol, tokenized assets will be issued, securitized and structured into liquid pools, and investors can deploy algorithmic strategies to trade. As the usual steps of debt issuance such as liability matching, settlement, payment flows and price discovery are executed automatically by smart contracts, the process is faster and cheaper than in traditional markets, according to the protocol. Source

Web3 platform partners with self-custody wallet to broaden crypto adoption in Africa

March 9, 2023 boss

Cassava Network — an African Web3 platform focused on nonfungible tokens (NFTs), gaming and loyalty rewards — has launched the third version of its platform, featuring integration with noncustodial smart contract wallet UniPass, allowing users to use email addresses instead of seed phrases and gas. In a move to onboard Africans from Web2 to Web3, the partnership enables users who create Cassava accounts to automatically sign up on UniPass, and have access to holding, sending and receiving on-chain digital assets across multiple Ethereum Virtual Machine blockchains. In an interview with…