EOS Blockchain Looking at a New Innings, to Launch New EVM in April

EOS Blockchain Looking at a New Innings, to Launch New EVM in April

According to a report (1), the monetary reward that is being considered for developers who create applications compatible with EVM and deploy them on the EOS blockchain would vary anywhere from $5,000 to $50,000. The reward amount will be determined by the magnitude and scope of the project. EOS is among the legacy protocols that … Read more

BUSD’s Active Users Nosedives by 60% on Possible Regulatory Action, Market Cap Fast Dwindling

BUSD's Active Users Nosedive by 60% on Possible Regulatory Action

After the regulatory crackdown carried out by U.S. authorities, Binance Dollar (BUSD) experienced a precipitous drop in the number of active addresses. The Binance ecosystem has seen a string of declines in recent weeks, and this latest one is the latest in that trend.   Regression Clearly Visible at the BUSD Active Address The total … Read more

Brazilian Neobank Nubank Launches its Own Crypto Token Nucoin

Brazilian Neobank Nubank Launches its Own Crypto Token Nucoin

The Brazilian neo-bank Nubank has announced its intentions to make its cryptocurrency, Nucoin, available to all of its Brazilian customers. In October 2022, the bank, which serves over 70 million people in Brazil alone, officially announced the free token. Around that time, Nubank mentioned that it would collaborate with Polygon blockchain to develop its loyalty … Read more

Goldman Sachs Hopes to Expand its Crypto Ambitions Despite the Struggling Industry

Goldman Sachs Hopes to Expand its Crypto Ambitions Despite the Struggling Industry

Goldman Sachs, which is an investment bank, has said that there is a strong possibility that the company would hire additional workers to strengthen its digital assets division. Mathew McDermott, the worldwide head of the team, reportedly affirmed in an interview (1) that the bank continues to be “hugely supportive” of blockchain applications. Hence, even … Read more

The Blockchain Founders Fund Says it has Close Fund II at $75 Million

The Blockchain Founders Fund (BFF), a venture capital fund based in Singapore that invests in the most successful blockchain firms worldwide, has raised $75 million for its Fund II, which just recently ended. After the announcement (1) of the major close of its Fund II in early 2022, the venture capital fund made public on … Read more

‘TwelveFold’ is the First Bitcoin NFT from Yuga Labs! We Are Excited!

'TwelveFold' is the First Bitcoin NFT from Yuga Labs! We Are Excited!

Yuga Labs, the business responsible for the Bored Ape Yacht Club collection, the most successful non-fungible token (NFT) collection in the world, has announced intentions to launch the company’s very first Bitcoin-based non-fungible token initiative later on in this week. The company announced (1) on Monday as it moves on with plans to ride the … Read more

The Lotte Group of South Korea Partners With Polygon to Realize its NFT Dreams

The Lotte Group of South Korea Partners With Polygon to Realize its NFT Dreams

The Lotte Group, a multinational conglomerate based in South Korea, has teamed with Polygon to grow its business dealing in non-fungible tokens (NFT). Reports indicate that Lotto intends to employ widespread blockchain technology to launch its NFT operations onto the global market. Daehong Communications, which serves as Lotte’s marketing and NFT hub, has also supplied … Read more

Alchemy Pay Gets its ‘License to Pay’ in Indonesia

Alchemy Pay Gets its 'License to Pay' in Indonesia

Alchemy Pay, a cryptocurrency gateway platform, recently announced that it had successfully obtained a license from the Bank Sentral Indonesia (BNI), working with a local fintech company called Berkah Digital Pembayaran. As a consequence, Alchemy Pay will be able to conduct money transfers and payments in the area. Earlier this morning, February 27, Alchemy Pay … Read more

Huawei Cloud Launches Fresh Web3 Initiatives in Asia

Huawei Cloud Launches Fresh Web3 Initiatives in Asia

Recent announcements by Huawei Cloud include the formation of the Metaverse and Web3 Partnership to increase the use of decentralized technologies in East Asian countries. This endeavor was completed with the collaboration of the cloud division of the Chinese multinational technology giant Huawei Cloud and several companies in the blockchain space. BlockChain Solutions, Deepbrain Chain, … Read more

The Founder of Tron Contributes a Massive 150,000 Ether to Liquid Staking platform Lido

On February 25, 2019, the liquid staking platform Lido had the greatest single-day staking inflow of almost 150,000 Ethereum (ETH) valued at an astounding $240 million. Consequently, the total value locked (TVL) on the Lido protocol had a one-day increase of 2.09%. The overall value of items locked on Lido has increased by 9% over … Read more