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.
SupraOracles Releases Roadmap to Mainnet While Starting 550+ Signed Web3 Project Integrations
Unveiling multiple technological breakthroughs, SupraOracles is excited to announce its novel cross-chain oracle infrastructure enabling highly accurate, robust data porting across a multitude of blockchains and DLTs with only 3-5 second finality. Now, with over 550+ signed integration partners, they’re officially announcing the launch of their Alpha testnet as they progress towards mainnet in early 2023.
WEF Launches Coalition to Deal with Climate Change through Web3.0
The World Economic Forum (WEF) has established a Crypto Sustainability Coalition to investigate the capability of Web3 in tackling climate change.
FV Bank Partners with Circle for Instant USDC Deposits and Conversion
FV Bank, a global digital bank, has partnered with Circle to enable instant and automatic conversion of USD Coin (USDC) into USD upon deposit for a seamless experience.
CoinFLEX Announces Restructuring Proposal, Allocating 65% Shares to Creditors
CoinFLEX said that creditors will own 65% of the company. While, the company's team will be allocated 15% of the remaining shares, to vest over time in an employee share option program (ESOP).
Covalent Rolls Out Educational Program to Bridge Skills Gap in Web3
Covalent, a Web3 data provider that is backed by Binance Labs and Coinbase Ventures, launched an educational program aimed at bridging the data analytics skills gap for workers in Web3.
FTX to Raise up to $1 Billion at $32 Billion Valuation: Source
Crypto exchange FTX is raising as much as $1 billion at a valuation of around $32 billion, according to CNBC, citing people with knowledge of the discussion.
S. Korean Regulators Oppose Busan's Regulatory Measures for Foreign Crypto Exchanges
South Korean financial authorities expressed their opposite stance against Busan City to provide special regulatory support for partners to establish digital asset exchanges.
Celsius May Repay Customers With Wrapped Assets
Executives at Celsius Network are proposing to pay back customers by issuing new wrapped assets to trade on other platforms, a new leaked recording revealed.
OpenSea Adopts Scarcity Tracking Tool OpenRarity
Following the adoption, OpenRarity will help OpenSea to remove opacity as to how rare certain features in an NFT are. It will also further eliminate the use of third-party NFT scarcity tracking tools.
Messari Raises $35M in Series B Round
Blockchain-based data analytics platform, Messari has announced the successful completion of its Series B funding round in which it pulled $35 million.