The popularity of crypto asset investment is increasing and attracting investors in Indonesia. According to a study conducted by Gemini, ownership of crypto assets in Indonesia is among the highest globally. Many investors in Indonesia see this asset class as a hedge for future inflation, this study also states that 41% Indonesians, aged between 18 and 75 with an income of over $14,000...
KyberSwap and Lido Finance previously partnered to bring stMATIC and wstETH liquidity on Polygon, Arbitrum and Optimism. And that partnership has so far proven successful with a noteworthy $15m in daily trading volume across all Lido pools. KyberSwap and Lido, a liquid staking platform have announced a new partnership to bring wstETH liquidity to Ethereum. wstETH is a non-rebasing token that retains its...
The NEAR Foundation has announced a partnership with crypto custody and settlement solutions provider Fireblocks. On July 26, the NEAR Foundation announced that the partnership will allow more than 1,300 Fireblocks partners to access its ecosystem. Furthermore, these partners include banks, hedge funds, and financial institutions. Fireblocks has ensured the safe transfer of more than $3 trillion, according to the announcement....
Fiat/crypto mobile banking platform, Hi, recently announced the deployment of its latest upgrade on its Super App. Also, its native token has been listed on Huobi Exchange, a thriving crypto exchange....
Ankr is a Web3 infrastructure and cross-chain staking DeFi platform. It aims to make blockchain participation simple and cheap by staking, hosting nodes, or building dapps. The infrastructure provider just announced that it has become an RPC (Remote Procedure Call) provider for Optimism, a lightning-fast Layer-2 scaling solution for the Ethereum blockchain. This move expands Ankr’s ambition to be a...
SubQuery is really busy these days. Their Web3 tools to query and organize blockchain data are adding another network. This time it's Cosmos. SubQuery is already in use to organize data on: Polkadot and its Substrate SDK for parachains Avalanche and Terra Now, they have a new integration. It's their...
The Society for Worldwide Interbank Financial Telecommunication, SWIFT, plans to connect several CBDC systems. They aim at simplifying the issues with cross-border transactions. The introduction of cryptocurrencies has been faced with a lot of difficulties from government agencies in most nations around the globe. For instance,...
Meta has had a historic week, and they are now announcing that they would use the Polygon blockchain to expand their reach into the Web3 sphere. Mark Zuckerberg, the CEO of Meta, stated this week that Instagram will now support NFTs. Users of Instagram will be able to publish and share NFTs as early as this week. Meta's NFT move will be powered...
SubQuery recently announced its expansion into the Avalanche ecosystem. The platform has however made another move, this time involving Terra. SubQuery has expanded its data indexing solution to support the Terra network. The platform has come a long way since becoming the go-to data indexing solution in Polkadot. SubQuery launched in 2021. Since then, the platform has worked towards extending its services to...
Clearpool is a top decentralized capital market provider. It recently announced the launch of its first permissioned LP (liquidity pool) on its uncollateralized DeFi lending protocol. Furthermore, this move was in collaboration with Jane Street and BlockTower Capital. The former is a leading quantitative trading firm, while the latter is a crypto and blockchain investment firm. The pool received initial funding of $25...
Decentralized open-source blockchain, Tezos (XTZ) is making a foray into the DeFi and NFT ecosystem. This move is also the result of a tri-partnership with three different projects namely; Opus Dei, Sad Python, and the Gebo Wallet. In a recent interview with Tezos (XTZ), the...
The Curve Wars have been trending for quite some time now. With several top DeFi protocols vying for control by the accumulation of CRV tokens. Interestingly, the higher amount of CRV tokens a DeFi protocol holds translates to the level of influence they will hold over the DEX platform. Notably, the Curve Wars now have an exciting new innovation. The innovation makes it...
Decentralization is a huge part of the culture and vision of Wanchain. Their purpose is full blockchain interoperability. And the platform aims to accelerate blockchain adoption by connecting chains. So to advance its mission, Wanchain has announced a partnership with Cardano’s Input-Output. This collaboration is a huge event for both parties. It would enable interoperability between the Cardano mainnet and Cardano sidechains. Furthermore,...
Xinfin recently announced its partnership with DIMO and Wanchain, to build bridges for its XDC token. XinFin is a third-generation hybrid blockchain. It aims to improve the link between private and public blockchains. In addition, the bridges from this collaboration will connect XDC to other chains. This includes platforms such as Avalanche, Polygon, BNB Chain, and Wanchain. Also, Wanchain will provide constant support...
Xinfin recently announced its partnership with DIMO and Wanchain, to build bridges for its XDC token. XinFin is a third-generation hybrid blockchain. It aims to improve the link between private and public blockchains. In addition, the bridges from this collaboration will connect XDC to other chains. This includes platforms such as Avalanche, Polygon, BNB Chain, and Wanchain. Also, Wanchain will provide constant support...
Fantom is a blockchain that supports smart contracts and runs on the strength of its FTM token. The platform has come a long way in the blockchain space. Fantom launched its mainnet in December 2019. Since then, Fantom has become a hub for projects seeking to scale. Fantom's speed and cheap cost are its biggest features. Creaticles is the newest platform to collaborate...
The blockchain gaming industry is experiencing massive growth. These days, thousands of players flock to blockchain gaming sites, lured by the thrill of earning while having fun. Furthermore, most traditional developers are turning to blockchain gaming, realizing that this might be the future of games. There are several gaming platforms that have spearheaded the advancement of blockchain gaming over the last few years....
AlterVerse is a platform that provides an integral metaverse experience that offers interconnected worlds built on the exciting Unreal Engine. Therefore, Altcoin Buzz Labs saw the up-and-coming token launch as the right moment to step in. So, they added AlterVerse to their incubation program. Furthermore, with the expertise and experience, they...
International banking giant HSBC has made a move into the metaverse with its latest partnership. Leading metaverse platform The Sandbox has announced a partnership with multinational banking corporation HSBC. On March 16, The Sandbox stated that the global finance giant will acquire a plot of LAND in its metaverse....
The Singapore-based fintech platform has no less than $100 million to invest in Web 3.0, gaming, and fintech startups. Consequently, they set up Cake DeFi Ventures (CDV) to coordinate this. As a result, this will take Cake another step further by reaching a broader audience. Cake DeFi has already been around since 2019, which has created a fully transparent and innovative platform. For...
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