[PRESS RELEASE – Please Read Disclaimer] London, 5th July 2021 The SYNAPSE NETWORK is our own, custom-designed cross-chain technology. It’s not only 100% ready to use, but it’s also battle-tested. Cross-chain is about allowing you to invest not into two separate pools on different chains but into one pool using your favourite one. Cross-chain solutions have long been a major unsolved need in the market, but no project has managed to successfully introduce them within the...
Read More »America’s First Legally Recognized DAO is Finally Here
The world finally has its first legal DAO, thanks to developments in the state of Wyoming. The American CryptoFED DAO, an organization dedicated to creating a monetary system resilient to fluctuations in value, received notice from the Wyoming Secretary of State’s office that its project had been officially recognized as a DAO in the United States. This is a major step for the project and decentralized governance initiatives. It shows that the U.S. is open to recognizing...
Read More »AXIA Coin, the First Asset-Supported Global Currency, to Be Listed on BitMart Exchange
[PRESS RELEASE – Please Read Disclaimer] AXIA Coin (AXC) will be listed on BitMart Shooting Star at 10:00 PM on July 6, 2021 (EDT). Eligible BitMart users can purchase AXC with 20% off in a 24-hour flash sale. For all BitMart users, the AXC/USDT will be officially available for trading at 10:00 PM (EDT) on July 7, 2021. AXIA Coin is a global currency that aims to introduce a more equitable economic model, utilizing blockchain and smart contract technology. As a network, AXIA...
Read More »COVID-19 Vaccine Certificates Sold on the Darkweb for BTC and ETH
Coinfirm revealed that some users on the notorious Darkweb have been selling falsified vaccine certificates for COVID-19 and stolen doses of vaccines in exchange for a variety of cryptocurrencies. Per the report, one can buy 10 shots of the AstraZeneca product for $250 or its crypto equivalent. BTC in Exchange for a Coronavirus Shot Criminals see the anonymous nature of the Darkweb as an attractive marketplace where they can execute a variety of illegal deals. The blockchain...
Read More »Over $30 Billion Worth of ADA Now Staked on Cardano
ADA – the cryptocurrency fueling the Cardano blockchain – now has over $30B worth staked on the network. That’s over 70% of the token’s circulating supply while making Cardano the most capitalized blockchain by staked value, with Ethereum in a distant second at about $12B. Anticipating Smart Contracts The $31.4B figure is gleaned from PoolTool’s recent data, an app that regularly tracks and streamlines interaction between stakeholders and SPO’s. The milestone is reached...
Read More »Ethereum 2.0 Could Create $40B Staking Industry by 2025, Says JPMorgan
The analysts project staking yields across the blockchain industry to double again to $40 billion by 2025 after the next phase of the energy-efficient Ethereum 2.0 is unveiled.A new JPMorgan report has revealed that the launch of the Ethereum 2.0 network will take the lid of the proof-of-stake (PoS) consensus mechanism and make staking yields a more attractive and steady source of income for both institutional and retail investors.JPMorgan analysts are expecting payouts more than double to...
Read More »How Decentralized Cross-Chain Solutions May Boost Blockchain’s Acceptance
[Featured Content] It has been over 10 years since Bitcoin reached the open world and advanced blockchain further. So far, the technology has reached mainstream users and many businesses and government officials have already considered the benefits of using it in a long list of industries ranging from agriculture and real estate to healthcare and voting. Consequently, dozens of new projects are popping up each year, competing against each other in the somewhat futile task of...
Read More »Mexico Rebukes Pliego’s Calls for BTC Transactions
Not long ago, a billionaire in Mexico named Ricardo Salinas Pliego stated that he was working with his bank (known as Banco Azteca) to ensure customers could gain access to crypto and blockchain services. While Pliego is excited about the prospects of digital currency, his country is not as enthusiastic. Mexico Will Not Permit Banks to Enter the BTC Forum On social media, Pliego stated the following: Bitcoin is a good way to diversify your investment portfolio and I...
Read More »Public Mint Partners with Abra to Tap Additional Source of Yield for EARN Platform
[PRESS RELEASE – San Francisco, California, 1st July 2021] Public Mint, the fiat-based blockchain and payments infrastructure, has partnered with Abra, Abra, a leading wealth management platform with functionality for buying, selling, trading and earning interest on cryptocurrencies, to offer lucrative yield opportunities on the EARN program. Public Mint will deploy a portion of the funds allocated to the program to Abra, making it an additional source of yield in the...
Read More »Ergo: A DeFi-Based Multi-Layer One Solutions Marks its Milestones in ErgoVersary
[PRESS RELEASE – Please Read Disclaimer] With increasing activities in decentralized finance (DeFi) and blockchain space, the last year has been buzzing. DeFi has grown tremendously, from a total value locker (TVL) of $500 million on March 12. In order to be one of the most significant forces behind the crypto market bull rally of 2020/21. Currently, TVL in DeFi remains at over $50 billion. A Multi-Layer One Solutions Platform Ergo is a multiple-layer one solution providing...
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