Blockchain

INTERNET CITY, DUBAI, Mar. 8, 2022 – LBank Exchange, a global digital asset trading platform, will list Pando Token (PTX) on March 14, 2022. For all users of LBank Exchange, the PTX/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on March 14, 2022. PandoProject is a blockchain-based, decentralized streaming platform powered by people and a token economy. Its scalable ecosystem supports natural value creation through a wide variety of...

Cega Finance – a decentralized finance platform – has earned more than $4 million in seed money from firms such as Dragonfly Capital Partners, Coinbase Ventures, Alameda Research, and Solana Ventures. Cega Finance Completes $4 Million Funding Round Cega seeks to bring exotic derivative capabilities to crypto. At press time, the Cega team consists of several monetary experts, experienced developers, Y Combinator founders, and a former options trader. The company’s staple...

Non-fungible tokens (NFTs) became particularly popular in 2021, and the trend continues, albeit a bit slower, in 2022. Users flock to create, sell, and collect various NFTs for many reasons. Some of them like the art, others are trying to speculate on their value, third are used as a part of a blockchain-based game, and so forth. Whatever the reason might be – it appears that NFTs are here to stay. Naturally, Ethereum emerged as the dominant network for their creation, and...

Greg Girasole and Alex Kriete, who were spearheading the recently-launched digital assets group for Wall Street giant Citigroup have announced departing the firm. Citi Execs Bid Adieu According to Kriete’s LinkedIn post, the duo is all set to create their own startup in the blockchain and digital asset space. “Over five years ago my personal interest and subsequent writing about blockchain-enabled digital assets (yes, “crypto”) led to an amazing network of colleagues across...

In light of global trade restrictions against Russia, Chainalysis has introduced two new tools for helping businesses ensure that they don’t interact with sanctioned entities through blockchain. Enforcing Sanctions in Crypto The first of these tools – according to a statement from the company – is an on-chain oracle. The smart contract will store data from economic embargo lists provided by various western authorities like the US, EU, or United Nations. The oracle may be...

The Financial Conduct Authority (FCA) of Britain has ordered that all Bitcoin cashpoints in the country be shut down. ATM providers recently received an order from the watchdog to cease operations, or risk facing enforcement action. Weeding Out Money Laundering Bitcoin ATMs allow holders of cash to independently convert their cash into Bitcoin, or vice versa. Given that cash transactions are private, the proliferation of these machines has raised concerns that they could help...

If you talk to any cryptocurrency aficionado about DeFi, Dapps, DAOs, NFTs, they are unlikely to think of Bitcoin as the first relevant blockchain, but OKCoin wants to change that. Today, the Asian exchange announced a partnership with Stacks to bring the highlights of the WEB3 revolution to the Bitcoin blockchain – and the investment to achieve this is strong. OKCoin and Stack Work Towards a More Advanced, Capable Bitcoin Ecosystem As OKCoin explained on its social networks,...

Popular blockchain project, Elrond Network received a green light from the National Bank of Romania to acquire the payments firm Twispay. By implementing Twispay’s e-money license, Elrond plans to issue stablecoins in the European Union (EU). According to the official press release shared with CryptoPotato, Elrond aims to revamp the utility electronic money or e-money and integrate blockchain technology. With Twispay under its hood, Elrond will be able to operate within the...

The deposit contract for staking on Beacon chain – the blockchain providing the spine of the Ethereum 2.0 ecosystem – has now collected over 10 million ETH. That’s $26 billion of staked value at current prices. Ethereum 2.0 is a long-awaited Ethereum upgrade that will convert Ethereum’s consensus mechanism from proof of work to proof of stake. Beacon chain will be the core of the Ethereum 2.0 chain, which is set to merge with the existing Ethereum chain and replace miners by...

JP Richardson – the CEO and founder of crypto wallet firm Exodus – is doing what many companies would consider unthinkable. He’s paying all his employees in bitcoin, and he’s broadcasting their salaries on the blockchain to ensure transparency. JP Richardson Is Pushing the BTC Initiative Richardson began his company in 2015. Initially, everyone working with or through the firm would be required to download separate wallets for each form of crypto they invested in. This...