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.
Startup Nilos Raises $5.2M in Funding Round for Business Development
Nilos has announced that the funds will be used for bringing in new clients, finance research and development, and building the sales and marketing team.
Indonesia to Update Govt Rules for Crypto, Implement More local Control
The South Asian country's trade ministry is planning to issue rules to govern crypto exchanges that will require two-thirds of the board of directors and commissioners to be Indonesian citizens and live in Indonesia.
CoinShares to Launch Algorithmic Trading Platform for Retail Traders
CoinShares' new platform HAL will provide retail traders access to a range of algorithmic trading strategies for $20 per month.
Binance Taps MVP License from Dubai Virtual Assets Regulatory Authority
Binance Exchange has announced it has tapped the Minimal Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA).
Hong Kong Tycoon-backed C Capital to Raise $500m to Invest in Digital Assets
C Capital, a fund owned by Hong Kong real estate tycoon Adrian Cheng, plans to raise $500 million in the next 18 months to invest in blockchain and digital assets.
Axelar Partners With LongHash Ventures to Launch Its First Global, Cross-Chain Accelerator Program
LongHash Ventures, Asia’s first Web3 Accelerator and one of Asia’s leading Web3 venture funds, today announces its partnership with Axelar, a cross-chain communication network for Web3, to launch the LongHashX Accelerator Cohort 10 Axelar Cohort.
Kitsumon Launches NFT Breeding Gameplay
Kitsumon has announced the launch of its Breeding Mainnet, showing the significant progress made by the game project since its testnet announcement back on the 14th of June 2022, and hundreds of users testing this Gameplay aspect within this period of time also, which is now available.
Coinshift Integrates Superfluid to Automate Crypto-Native Payroll with Ongoing Money Streams
Coinshift’s native integration of Superfluid Protocol allows DAOs and web3 businesses to automate payroll with money streams, saving HR managers time and cognitive effort
Roole Locates Stolen Vehicles Globally via Nodle Network’s On-Chain Services
Vehicle theft is a common concern in Europe and Roole, a French automobile club, announced today their partnership with Nodle to help car owners trace and recover their cars. Nodle is a decentralized network of smartphones that work together to locate and connect smart objects, such as Bluetooth tags embedded within vehicles. Nodle users are rewarded with the NODL cryptocurrency in exchange for helping grow the mobile network and locating stolen vehicles.
LandX Achieves Carbon Neutrality with KlimaDAO
LandX, an upcoming DeFi protocol on Ethereum, is announcing a new partnership with KlimaDAO. LandX is joining the Klima Infinity program, which enables organizations to retire tokenized carbon credits and verifiably demonstrate that they have offset their carbon footprint. LandX is an agricultural commodity bond protocol bringing real-world production and yield to DeFi markets.