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.
Gemini Launches Crypto Staking Service in US, Singapore, Hong Kong
Gemini said users can start staking MATIC on the Polygon network. The exchange stated that plans to support Ethereum, Solana, Polkadot, and Audius will be launched next month.
Yuga Labs Hires Former Rally Executive Chris Fortier as VP of Products
Yuga Labs, the developer of the Bored Ape Yacht Club, has hired VP of Product at financial software firm Rally Chris Fortier as its VP of Product.
VC Shima Capital to Launch $200m Shima Capital Fund I for Web 3 Industry
Early-stage venture capital Shima Capital will launch Shima Capital Fund I, the first fund to support emerging digital assets for web3 and crypto startups.
ECB Publishes New Guideline on Regulated Digital Asset Licensing
The European Central Bank (ECB) has issued new licensing guidelines for regulating digital assets, although it currently does not have a unified regulatory framework governing crypto-asset activities and services.
CoinFund Launches $300m Web3 Fund to Invest in Early Stage Startups
CoinFund is cryptonative investment company. The firm has established a $300 million crypto fund that targets web3 startups.
Chainlink And Pitango’s First Labs Unveil Summit And Hackathon To Boost Web3 Development In Israel
Upcoming Web3 summit and hackathon to enhance Israel’s web3 startup ecosystem by connecting initiatives with mentorship and industry thought leaders.
Decentralized Finance (DeFi); The Game-Changer in Creating a People Oriented Financial Ecosystem
The launch of Decentralized Finance (DeFi) protocols in 2020 marked a significant phase in the growth of the crypto industry. As of writing, the total value locked (TVL) in this market stands at $69 billion, with Ethereum DApps taking the lion’s share. While the ongoing market slump has also affected the DeFi ecosystem, it is hard to overlook the fundamental developments that are currently taking place.
DeFi Yield Protocol (DYP) Anticipates Metaverse Platform Launch with Listings on Coinbase, Huobi, and MEXC
DeFi Yield Protocol (DYP) announced listings on several industry-leading exchanges, including Coinbase, Huobi Global, and MEXC. This is just one of the many developments in the project’s fast-paced evolution, including its upcoming Metaverse platform, where users will get to interact with Cats and Watches Society (CAWS) NFTs. Moreover, DYP took center stage at Deep Forest Fest. During this prestigious music festival, DYPians had the great opportunity of meeting the team.
StartmeupHK Festival 2022: A week-long showcase of Hong Kong’s dynamic and thriving startup ecosystem
(Hong Kong, 9 August 2022 The annual StartmeupHK Festival return s in a hybrid format on 5 10
September following last year’s success Curated
CryptoPunk, Meebits Owners can now Create Commercial Projects With Their NFTs
The announcement comes following Yuga Labs' release of its long-awaited IP licensing deal for CryptoPunk and Meetbits NFT holders.