Interoperability

‘Properties like Ethereum, Algorand are gonna go up’ because…

The market **is** choosing — Bitcoin and other cryptocurrencies — over paper money, with which governments are conducting a very dangerous experiment. Although, here’s another common scenario. Buying Bitcoin is better than putting their money into traditional assets like stocks, bonds and gold. This renowned hedge fund manager recently discussed the same in a CNBC interview – although incorporated a different scenario to this discussion. Anthony Scaramucci, a former White House Communications Director expects Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO) to serve gold’s role as the superior inflationary hedge.

Litentry Launches Crowdloan Reward Program on Binance With Enticing Reward Pool

Litentry, a decentralized identity aggregation protocol, officially launched its Crowdloan Reward Program on November 4, 2021. Sponsored Sponsored This represents a significant development in Litentry’s quest to win a slot ahead of the upcoming Polkadot parachain auction. Join the crowdloan on Binance now to enjoy 20% LIT (20,000,000 LIT) total supply with an extra $2.5M reward pool, and with approx. 2,760% APY (as of Nov 4). An innovative crowdloan program Crowdloan is a growing trend taken by projects to receive enough funding to participate in Polkadot’s parachain auction. Participants contribute

CoreStarter aims to revolutionize cryptocurrency projects fundraising

There’s no doubt that launchpads have altered the fundraising model for decentralized finance projects. Before the advent of crypto launchpads, entrepreneurs launched their projects by creating websites. This model didn’t quite turn out well because these projects were incapable of raising enough cash to kickstart operations. This is how cryptocurrency launchpads emerged. CoreStarter is the First-Ever cryptocurrency launchpad with a mission to break the barrier of rewarding high stakers and neglecting small investors. CoreStarter is a cross-chain fundraising platform built on Solana, with Ethereum, Binance, Cardano, and Polkadot blockchains to

U.S. Won’t Ban Crypto | This Week in Crypto – Oct 4, 2021

 The US gives a green light to cryptos, TikTok launches its own NFTs, and can professional crypto traders be outmatched…by a hamster?! These stories and more this week in crypto. The Chairman of the US Federal Reserve, Jerome Powell said that the United States has no intentions of banning cryptocurrencies, including Bitcoin. He still asserted that some digital assets, stablecoins in particular, have to be regulated. This fresh, more optimistic US approach had an immediate positive effect on the entire market at the end of the week. TikTok has

Visa working on blockchain interoperability hub for crypto payments

Global payments giant Visa has introduced a project that aims to be a “universal adapter” of blockchains that can connect multiple cryptocurrencies, stablecoins as well as central bank digital currencies (CBDC).According to an official announcement on Thursday, Visa’s research team is working on a “Universal Payment Channel” (UPC) initiative, a blockchain interoperability hub connecting multiple blockchain networks and enabling transfers of digital assets from different protocols and wallets.“Imagine splitting the check with your friends, when everyone at the table is using a different type of money — some using CBDC like

Visa develops interoperability concept for central bank digital currency payments

Payments giant Visa has taken a step toward achieving its vision for central bank digital currencies (CBDCs). It has developed a concept that shows how various CBDCs can be interoperable with each other to make payments.The concept, called "Universal Payments Channel" (UPC), outlines how various blockchain networks can be interconnected to allow the transfer of CBDCs. It shows how Visa can help exchange various CBDCs built on different blockchains in the future. "This is a much longer-term future thinking concept around a way that Visa could potentially help become a

GameZone Brings A “Game Pass” To Blockchain Games, IDO Launches September 30th

Blockchain gaming is one of the hottest trends in the broader cryptocurrency ecosystem; everyone can make money with these games, although some will require a rather steep upfront investment. GameZone is a revolutionary project in the blockchain gaming segment and will elevate the cross-chain interoperability of games. The Power of Blockchain Gaming Earlier this year, it became apparent how much potential there is when combining gaming with blockchain technology. As video games remain one of the fastest-growing industries – currently valued at over $162 billion – it is a premier

Facebook Announces a $50M Fund to Research the Development of a Metaverse

The social media giant announced earlier this week its plans to create its own metaverse with the help of multiple parties. To do so, Facebook will allocate $50 million for research and program partners. Facebook’s Swing at Metaverse The company’s announcement reads that Facebook will not rely on a single company to build the project “overnight.” Instead, it will focus on cooperating with different parties, including policymakers, experts, and industry partners, to “bring this to life.” The $50 million funding will go primarily for global research and connecting with program

Pledge: NFT-based fixed lending protocol announces successful Fundraise

Pledge Finance, an algorithm-driven, multi-chain decentralized finance (DeFi) ecosystem, is announcing the launch of an NFT-powered structured collateralized lending platform targeted at the traditional financial sector. The Binance Smart Chain (BSC) based platform will be fully interoperable with other public chains, meaning other DeFi platforms will be able to interact with Pledge’s numerous product and service offerings.  Pledge Bridges the Gap Between DeFi and Finance Pledge Finance will include liquidity pools which will act as money markets so that users can exchange cryptocurrencies without the need for a centralized exchange.

Knit Finance and Kyber Network Team Up for Liquidity Solutions

DeFi News Knit Finance and Kyber Network are teaming up for a strategic collab. The collab will create market options and boost liquidity for both platforms’ assets. Both networks’ assets will also be able to operate on multi-chain. Decentralized Protocol Knit Finance is teaming up with Kyber Network, a liquidity hub, for a strategic partnership. This collaboration will see the latter’s native token integrated into the Knit Finance multi-chain platform. Moreover, the partnership will create market options and boost liquidity for both assets. Knit Finance will also add liquidity for

Top-10 Aspiring Altcoins to Watch in September

This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

Cardano: The ERC-20 Converter will go live on the testnet by…

Cardano’s ADA has been trending upwards since the 20 July bottom, with the alt setting higher highs on the charts. According to most, the primary driver behind the same has been a host of significant updates within the ecosystem. The IOHK team shared more updates with the community during the most recent Cardano 360 event. In the video, Cardano’s executives announced that it would launch an ERC-20 converter to bring Ethereum assets to Cardano’s testnet. According to IOHK Project Manager Francisco Landino, the new tool is coming on the testnet