USDC

D8X Re-Engineers DeFi Derivatives With Launch on Polygon zkEVM

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Time Stamp: February 6, 2024 2:03 PM - Modified On: February 6, 2024 - Published By:
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Supported by Polygon Ventures, D8X targets institutional users with next-gen DEX engine, innovative features, novel white-label approach [Zug, Switzerland - Feb. 6, 2024] - D8X, an institutional-grade decentralized exchange (DEX) for derivatives, has launched on Polygon zkEVM, establishing a new benchmark for decentralized finance. With support from Polygon Ventures and other notable partners, D8X reconceives on-chain derivatives, starting from fundamental financial engineering and extending to its novel white-label business-to-business model–a first for Polygon zkEVM. Until now, users seeking the trading experience offered by D8X have had to resort to Centralized

Sarson Funds Employs Blockpass’ KYC for BCH, CSPR Stablecoins

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Time Stamp: July 24, 2023 9:01 AM - Modified On: July 24, 2023 - Published By:
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HONG KONG, July 20, 2023 - (ACN Newswire) - This week sees the announcement that capital management firm Sarson Funds is using Blockpass' On-Chain KYC(R) solution, alongside Accountable's on-chain proof-of-reserve validation, to create the most transparent and trusted stablecoins on the Bitcoin Cash (BCH) and Casper (CSPR) blockchains. The asset-backed U.S. dollar stablecoins will exclusively hold Circle's USDC as collateral which will be held on-chain with a publicly verifiable address. According to Sarson Funds, placing 'pre-compliant' stablecoins on the Bitcoin Cash and Casper Networks will allow those communities to transact

Stablecoins Under Scrutiny

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Time Stamp: July 1, 2023 9:36 AM - Modified On: July 1, 2023 - Published By:
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Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Spool deploys on Arbitrum One to expand simplified, risk-managed DeFi access for over 2.4 million unique addresses

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Time Stamp: February 27, 2023 12:39 PM - Modified On: February 27, 2023 - Published By:
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[vc_row][vc_column][vc_column_text] As Spool deploys on its first layer-2 blockchain, users on Arbitrum One can now build auto-rebalancing and auto-compounding DeFi portfolios with unparalleled customization, risk management, and diversification. [/vc_column_text][vc_images_carousel images="1806933,1806934,1806935,1806936,1806937" img_size="full" hide_prev_next_buttons="yes"][vc_column_text]February 2023— Spool, the DAO platform allowing institutions and users to build seamlessly customizable, risk-managed DeFi yield portfolios, launches on Arbitrum One, its first alternative blockchain to Ethereum mainnet. As the leading layer-2 blockchain in total value locked (TVL), the Arbitrum One integration brings Spool’s Smart Vault creation tool and six strategies to the network’s user ecosystem, which boasts

Ethereum Scaling Solution Polygon Partners Community Gaming to Support Instant Payments in E-Sports

Source Node: https://www.crowdfundinsider.com/2021/07/177830-ethereum-scaling-solution-polygon-partners-community-gaming-to-support-instant-payments-in-e-sports/
Time Stamp: July 15, 2021 6:46 PM - Modified On: July 15, 2021 - Published By:
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Polygon has partnered with Community Gaming in order to enable scalable E-sports tournaments. Built for grassroots tournament organizers, Community Gaming’s platform has been designed to  make it easier to develop custom e-sports tournaments within minutes with preconfigured payments. As noted in a release shared with CI: “Without any background knowledge of how wallets or smart contracts work, tournament organizers on Community Gaming can now seamlessly deploy their esports tournaments onto the Polygon network, allowing for instant player payments.” The Polygon team has developed what they claim is the “premier” Ethereum

Community Gaming raises $2.3 million in seed funding from CoinFund, Dapper Labs, and more

Source Node: https://www.theblockcrypto.com/linked/110333/community-gaming-raises-2-3-million-seed-funding-coinfund-dapper-labs?utm_source=rss&utm_medium=rss
Time Stamp: July 1, 2021 6:33 PM - Modified On: July 1, 2021 - Published By:
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The e-sports tournament organizer Community Gaming announced Thursday that it raised $2.3 million in seed funding. CoinFund, an investment firm that has shown an interest in non-fungible tokens (NFTs), led the round. Other notable investors include the NFT and digital rights unicorn Animoca Brands, Dapper Labs, and Multicoin Capital.  The Ethereum-focused software firm ConsenSys, which had led Community Gaming’s pre-seed round in 2020, also participated. “We are excited to have obtained support from major players in both the blockchain and gaming industries as we seek to bring web3 payment technology

FTX and TSM Commit to Largest Deal in e-Sports History

Source Node: https://beincrypto.com/ftx-and-tsm-commit-to-largest-deal-in-e-sports-history/
Time Stamp: June 5, 2021 8:20 AM - Modified On: June 5, 2021 - Published By:
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Popular cryptocurrency exchange FTX has entered the world of e-sports as it signs a deal with the TSM brand. The partnership, which reports reveal involved a £210 million commitment, has secured FTX the exclusive naming rights for TSM. Consequent to this deal, the e-sports brand will be known as TSM FTX.  The official FTX Twitter issued a Tweet on June 4, stating the long-term deal is the “largest in esports history.” Reports stated that company employees and players will receive cryptocurrency. The company will also purchase a $1 million holding

Ethereum fees are skyrocketing — But traders have alternatives

Source Node: https://blockchainconsultants.io/ethereum-fees-are-skyrocketing-but-traders-have-alternatives/?utm_source=rss&utm_medium=rss&utm_campaign=ethereum-fees-are-skyrocketing-but-traders-have-alternatives
Time Stamp: March 6, 2021 10:37 AM - Modified On: March 6, 2021 - Published By:
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With the rapid growth of decentralized finance, upcoming scaling developments on Ethereum 2.0, and increased crypto allocation in the portfolios of institutions, the price of Ether (ETH) is rapidly ascending. In fact, we’ve already seen ETH break the $2,000 barrier for the first time, marking a brand-new all-time high. All this action may be bullish for ETH holders and DeFi investors, but for smaller DApp developers and other users on the network — such as traders using ERC-20-based stablecoins — it’s quickly pricing them out. That’s because the cost of

$2 Billion USDT Migrate from Tron to Ethereum & USDC is Added to Stellar

Source Node: https://coingenius.news/2-billion-usdt-migrate-from-tron-to-ethereum-usdc-is-added-to-stellar/
Time Stamp: February 4, 2021 6:15 AM - Modified On: February 4, 2021 - Published By:
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Germany has a very diverse, active blockchain ecosystem of companies and enthusiasts, especially in the city of Berlin. And an important step in the development of this ecosystem has been taken by the federal government itself, which tries to preserve and promote the vibrant blockchain ecosystem to continue its growth and make Germany an attractive opportunity for investment in this field. Comprehensive, sound regulation To further this goal, the German government adopted a national blockchain strategy back in September 2019 to support its commitment to the use of the technology.

Chainlink Introduces VRF Tool to Help Smart Contracts Achieve On-Chain Randomness

Source Node: https://blockonomi.com/chainlink-vrf-tool/
Time Stamp: May 13, 2020 5:49 AM - Modified On: May 13, 2020 - Published By:
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Chainlink is best known for its pioneering work around decentralized oracles, but the project’s experts have also gone expansive with work on Mixicles, meta oracles, and beyond. The Link Marines are buzzing anew, then, as Chainlink has rolled out yet another major contribution to the smart contracts ecosystem this week, the Chainlink VRF. The “VRF” in that stands for verifiable random function, a cryptographic primitive that can generate random numbers in verifiable and unbiasable fashion. Why’s this important? There are no shortage of use cases in which blockchain projects could