Tag: Platform

Binance Tests AI-Infused NFT Platform Bicasso in Limited 10K Mint Run – Bitcoin News

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On Wednesday, Binance CEO Changpeng Zhao, also known as CZ, announced the launch of a new non-fungible token (NFT) platform infused with artificial intelligence (AI). The AI-centric product is named Bicasso, and CZ said the beta version dropped today and was limited to 10,000 mints. Combining AI and NFTs: Binance CEO Announces Bicasso Artificial intelligence (AI) has been popular in 2023, with Openai’s platform Chatgpt, also known as GPT-3, making headlines, and artists using AI-centric art programs such as Nightcafe, DALL-E, Starry AI, Jasper, and Deep AI. On March 1,…

Chainlink’s New Platform Will Help Connect Web2 With Smart Contracts

“Chainlink technology is an ideal way to provide smart contract developers anywhere in the world with direct, on-demand access to AP’s (Associated Press) trusted economic, sports, and election race call data.” Michael Fabiano, Vice President of Americas Media and Head of Global Business Development, told CoinDesk in a statement. “With the launch of Chainlink Functions, it will be easier-than-ever for AP licensed developers to integrate AP data with innovative smart contracts and deploy new use cases across leading blockchain networks.” Source

GameSwift Launches a Web3 Gaming Platform With Revolutionary Passwordless Sign-on System to Help Bring Gamers Into Web3 – Press release Bitcoin News

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press release PRESS RELEASE. GameSwift has announced the open alpha version of its all-in-one Platform for playing and building web3 games. It features the GameSwift ID – a revolutionary passwordless sign-on system with an in-built wallet that offers seamless web3 onboarding for games and players. In addition to this groundbreaking feature, the company has garnered attention for its strategic partnerships with Polygon and Casper Network, which aimed to accelerate the mass adoption of web3 games. The newly released GameSwift Platform and its Launcher and ID components create a comprehensive hub…

DeFi Trading Platform Aurox Seeking Funding at $75M Valuation

Aurox launched an all-in-one trading platform called Aurox Terminal in 2020 that integrates more than 50 exchanges and now has 70,000 users and $1 billion of trading volume, the firm said on its fundraising site. It also has a crypto wallet product, and crafted its own DeFi smart contract protocol and native ecosystem token URUS. Source

Non-Custodial Liquid Staking Platform Ether.Fi Closes $5.3M Fundraise

“The majority of today’s ETH staking protocols – which, even after Shanghai, will require node operators to voluntarily return stakers’ assets upon request – could pose a serious threat to the ETH ecosystem if they were to fail,” Hayes said in a statement to CoinDesk, referring to Ethereum’s Shanghai upgrade that’s due next month. “[Ether.fi] will enable stakers to maintain true custody of their own assets as part of its mission to eliminate staker, node operator, counterparty, and ecosystem risks across proof-of-stake networks.” Source

Crypto Gateway Platform Alchemy Pay Secures License in Indonesia

Singapore-based Alchemy Pay is quite popular for offering on and off-ramps, crypto payments, as well as NFT checkout to Web3 platforms.  In a recent development, the crypto gateway platform Alchemy Pay announced securing a license from the central bank of Indonesia in cooperation with local fintech firm Berkah Digital Pembayaran. As a result, Alchemy Pay will be able to operate remittances and fund transfers in the region. In its official announcement earlier today, February 27, Alchemy Pay noted that Bank Indonesia issued an official joint license to Alchemy Pay and…

Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder – Bitcoin News

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On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid Staking Protocol Lido Records 150,000 Ether Inflow Lido, the liquid staking platform with the highest amount of ethereum (ETH) value locked, noted that it received the largest daily stake inflow to date, with 150,000 ether worth $240 million. “Lido protocol has registered its largest daily stake inflow so far with over…

Token Offering of Asset Management Platform Factor Raises Roughly $7.6M

First among these changes was increasing the liquidity owned by the protocol for the USDC/FCTR pair on Camelot. When participating in the token generation event, users would deposit stablecoin USDC into the protocol in exchange for FCTR. Half of the USDC funds raised from the public sale will now be deployed into a liquidity pool that is owned by the protocol. Initially, only 40% was to be used for protocol owned liquidity. Source

Yield platform Stablegains sued for promoting UST: Finance Redefined

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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The backlash from the Terra implosion still haunts the crypto world, with the now-shuttered stablecoin yield platform Stablegains being sued for customer losses. The plaintiffs allege that the platform funnelled customer funds into Anchor Protocol without users’ knowledge or consent. Platypus, the DeFi protocol that was exploited for over $8 million, is working on a compensation plan to recover some of the funds. Florida’s…