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Wormhole NFT bridge allows users to transfer assets on different blockchains

A new service called Wormhole NFT Bridge connects Ethereum and Solana to let users transfer assets between these competing blockchains.  This service, in technical terms, is called a “bi-directional bridge” that can send assets and make them compatible with other blockchain platforms.  This is how it works: When someone wants to transfer a Solana NFT to Ethereum to sell it on OpenSea, the service would first lock the original NFT within the Wormhole smart contract.  A smart contract is a technology that runs behind decentralized apps, DeFi protocols, and NFTs

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.

Is this revenue stream sustainable for Ethereum

The rising interest in NFTs has been well-documented over the past few weeks. Whether it is Ethereum-based Crypto Punks or BSC’s CryptoBlades game, engagement and traffic has been consistent. This has fueled the development of a new marketplace altogether. While activity is bringing eyes to this new form of asset, it is also generating massive sales. In fact, according to data, in the month of August alone, total sales volume worth $5 billion was recorded. That is a whopping 1103% increase month-over-month from July. A total of 5.6 million NFT

Singapore Monetary Authority Adds Binance to Investor Warning List

Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), has added Binance to its investor warning list, becoming yet another country to warn investors.Sponsored Sponsored The Monetary Authority of Singapore (MAS), the country’s financial regulator, has added Binance to its investor alert list. The list warns investors of companies or firms that “may have been wrongly perceived as being licensed or regulated by MAS.” This is similar to a warning issued by the U.K.’s Financial Conduct Authority. Bloomberg asked the MAS questions about the incident — and it may be

NetDocuments Delivers New Productivity, Mobility and Workflow Solutions at ILTACON 2021

NetDocuments We have always equipped our customers with the cloud technology and tools they need to be more productive and continually push innovation. Legal professionals are now putting NetDocuments solutions to use in mobile/remote and hybrid environments. Josh Baxter, CEO, NetDocuments SALT LAKE CITY (PRWEB) August 22, 2021 NetDocuments, the leading cloud content management platform for legal professionals, today introduced several new technologies aimed at enriching the experiences of legal professionals. ILTACON 2021 provides the ideal setting for NetDocuments to showcase its philosophy of “Attorney-Inspired Innovation.” Among the new capabilities

Countries That Might Soon Allow Crypto Betting

Aug 21, 2021 at 09:54 // News In some countries, bitcoin is seen as a legal payment platform, whilst in others, there are regulations pertaining to how betting with cryptocurrency operates. Some other countries have chosen to be quiet on the issue and have not made any attempt in allowing or not allowing it. In countries where Bitcoin is not considered legal, you cannot fund your gambling wallet with cryptocurrency. Only very few countries have come out in the open to address cryptocurrency gambling. Some of the countries that have