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.
HK-Based Hardware Wallet Maker OneKey Raises $20m in Series A Funding
Hong Kong-based crypto hardware wallet maker OneKey has raised around $20 million in a Series A funding round.
Argentina Fighter Guido Cannetti Accepts Salary in Stablecoin
Argentina athlete Guido Cannetti of the world's leading mixed martial arts competition Ultimate Fighting Championship (UFC) announced that his salary will be paid in full in stablecoin USDC.
UAE Gets First Blockchain-Powered Solution to Acceletrate Motor Insurance Claims
XA Group has rolled out the first end-to-end and blockchain-based digital solution dubbed Addenda to tackle the decades-old industry challenge of reconciling motor recovery claims.
Space and Time Secures $20 Million Strategic Funding Led by Microsoft’s M12 to Automate the World’s Business Logic
Space and Time, a Web3-native data platform that empowers the trustless automation of business logic through patent-pending Proof of SQL cryptography, has secured $20 million in strategic funding from marquee investors led by Microsoft’s M12 fund.
Sushi Deploys to Kava, Debuting Major UI Overhaul
Sushi completes deployment to the Kava blockchain with a liquidity pool eligible for KAVA and SUSHI token rewards.
Earlier this year, Kava shook up the L1 industry with its Ethereum Co-Chain launch, sparking the fastest growth of protocols on any blockchain in 2022. Today, tier-1 DeFi protocol Sushi combines its deployment to Kava with an up to $7M matching rewards plan alongside their elegantly redesigned Sushi 2.0 user interface.tly redesigned Sushi 2.0 user interface.
DeFiChain’s DFI Token Starts Trading on the Gate.io Exchange
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, today announces the listing of its DFI token on Gate.io, one of the world’s leading cryptocurrency exchanges. This is a major step in DeFiChain’s mission to make DFI accessible to investors worldwide.
Kitsumon launches NFT land sale in partnership with top NFT and Gaming platforms
Professions will allow players to explore a massively multiplayer world where players can use their land to level up their character in 6 different roles, such as farming, cooking, fishing, mining, crafting and alchemy. A full overview of professions can be found here.
MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users
DeSo, a new blockchain-backed by Coinbase, Sequoia, and Andreessen Horowitz, has announced its integration with MetaMask. As a result, millions of Ethereum users can now enjoy one-click access to encrypted on-chain messaging and a full Twitter-like feature set.
Dubai Seeks to Become Hub of Metaverse
Dubai has set the ball rolling to improve people’s lives and render creative solutions by positioning itself as the global capital of Web3 through its new blockchain and metaverse technology.
Global Blockchain Technology Market in BFSI Sector Expected to Hit $4.02B by 2026
The global blockchain technology market in the banking, financial services, and insurance (BFSI) sector is expected to hit $4.02 billion by 2026 thanks to a surge in FinTech spending, according to ReportLinker.