BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
75% Investors Joins Crypto Space due to GameFi, Survey Shows
Despite the recent market crash might discourage investors. A survey shows that 75% of investors join the crypto space due to GameFi.=
Can’t invest in the US stocks you’re bullish on? DeFi could help
Diversification of investment has been an age-old advice. Investing money in stocks, commodities, Futures, Bonds, etc., all have been viable options. However, individuals don’t want to stop at the options in front of them. They want to reach for the options available beyond the borders of their homeland. But politics and economic regulations act as a roadblock for investors willing to invest in stocks of other countries. That is where DeFi comes to the rescue.
SolanaFM Secures a Seed Funding Round Worth $4.5M
World-class Blockchain explorer SolanaFM has secured a seed funding round worth $4.5 Million in partnership with various leading venture capital firms
DeFi Lending Protocol Compound Launched its Compound III Version
Defi lending protocol Compound announced that Compound III (V3)was officially launched on the Ethereum mainnet.
Former South Korean Deputy Minister Yong-beom Kim Joins Blockchain Research Institute
Yong-beom Kim, former first deputy minister of the Ministry of Planning and Finance of South Korea, will join Hashed Open Research, a blockchain and digital technology research institute, as CEO.
Japan to Introduce Corporate-friendly Crypto Tax Law in 2023
The Japanese government proposes a new crypto tax law that will be introduced in 2023 for companies.
Thai Energy Billionaire Sarath Ratanavadi Boosts Investment in Crypto
Thailand’s second-richest billionaire, Sarath Ratanavadi, has said he’s increasing investments in the blockchain ecosystem, despite the crypto industry’s bitter winter.
Animoca Brands' Japanese Unit Raises $45m
Animoca Brands' Japanese unit raised $45 million in financing at a $500 million pre-money valuation.
DJ Steve Aoki to Release NFT Series at Price of 1.5 SOL on August 29
American DJ and EDM producer Steve Aoki, in collaboration with artist Greg Hildebrandt, will be releasing his NFT collection on August 29th at 2 pm.=
Esports, Web3 Firm Ampverse Expands into the Philippines
With the expansion, Ampverse plans to invest more than 100 million pesos in the Philippines' local gaming and esports ecosystem.