Tag Archives: News

DeFi Saver, a leading platform in decentralized finance (DeFi) management, has announced its integration with Sky Protocol, marking a significant milestone in the DeFi sector. This upgrade is scheduled for September 18th and is to enable the stablecoins $SKY and $USDS, as well as several new features for the financial products in Sky Protocol ecosystem. In the latest update on X, Sky Protocol stated that the integration with DeFi Saver will include some distinctive features intended for...

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Flowcarbon, a climate tech startup co-founded by former WeWork CEO Adam Neumann, is refunding investor funds following delays in launching its “Goddess Nature Token.” This token was intended to be backed 1:1 by carbon credits, which companies use to offset their greenhouse gas emissions. The startup, which announced a $70 million funding round in May 2022 with notable backers including Andreessen Horowitz and Samsung Next, had raised at least $38 million through token sales. For over two...

The partnership seeks to provide novel gaming experiences for Unioverse’s increasing community. The agreement is a big step toward extending Web3 gaming with top-tier expertise. Random Games has announced a fascinating cooperation with renowned game production company Arctic7, which will focus on extending content potential within the Unioverse, a pioneering sci-fi franchise and game creation platform. This collaboration is a critical step in Random Games’ aim to develop a billion-dollar,...

India topped Chainalysis’ Crypto Adoption Index two years in a row, while the Indonesian crypto market made tremendous strides this year. India has secured the first spot globally in the Chainalysis Crypto Adoption Index this year, followed by nations like Nigeria, Indonesia, the US, and Vietnam. This is the second time India’s grassroots crypto adoption has beaten every other country, as it also topped the index in 2023. Chainalysis released its report on September 11, analyzing the adoption...

Neo X employs GoPlus’ USM to improve node security and real-time risk assessment. The partnership enhances blockchain security by combining on-chain firewalls and powerful AI algorithms. GoPlus, a cutting-edge blockchain security startup, has announced a strategic alliance with Neo X, an EVM-compatible sidechain to the established blockchain Neo. This cooperation brings the GoPlus User Security Module (USM) to Neo X, marking a key milestone as the first decentralized network to use this...

ParaFi’s tokenization of its fund represents the company believing in the technology it invests in and eating its “own dog food.” Digital asset management firm ParaFi is tokenizing a portion of its portfolio, worth $1.2 billion, on the Avalanche blockchain using the tokenization platform Securitize. Through partnering with these platforms, which ParaFi is an investor in, it will offer a minority stake in its most recent venture capital fund, which closed in May. Investors can get their hands...

Upbit, South Korea’s largest cryptocurrency exchange, has announced the launch of Nervos Network (CKB) on its platform. Starting today at 16:00, users will be able to trade Nervos in the KRW, BTC, and USDT markets. This new listing enables the trading of CKB with three primary pairs, which will improve the token’s flexibility and market depth. The deposit for Nervos Network (CKB) will start another 3 hours after the announcement, while the transactions will begin at 17:00 on September 13. It...

If this goes through, Turkish citizens transacting more than $205 in the country will be fined 10% of the transacted amount. Turkey plans to impose a limit on cash payments and is considering imposing a 10% fine on anyone spending more than 7,000 Turkish liras ($205). The Turkish Revenue Administration started taking suggestions for the draft amending the General Communiqué of the Tax Procedure Law No. 459. The amendments place a $205 barrier to cash payments, leaving individuals and...

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