The Celo Foundation and Google Cloud Partner to Create Sustainable Web3 Startups
An intriguing new development is that the Celo Foundation has partnered with Google Cloud services. The purpose of this partnership is to encourage initiatives inside the Celo blockchain ecosystem and advance the mass adoption of Google Cloud services. As a result of this partnership, startup owners who choose to build their products on Celo will…
Swiss Bank PostFinance Inks Deal With Sygnum Bank to Offer Crypto Services
After forming a partnership with Sygnum Bank, the Swiss financial services company PostFinance will now be able to provide its 2.5 million customers with access to cryptocurrency holdings. (1) In the beginning, customers will be able to buy, keep, and sell coins like Bitcoin and Ether. In the future, additional tokens will be introduced. The…
POG Digital NFTs to Launch on Ethereum Network
After successfully launching the Solana ecosystem a year ago, authentic 90’s gaming and collectibles firm POG Digital NFTs is getting ready to launch on the Ethereum blockchain, the largest DeFi ecosystem. POG Digital claims (1) that the minting of NFTs on the Ethereum platform will begin on April 6 with a quantity of 4,444 units.…
Euler Finance Recovers All Stolen Funds in a Landmark Event!
In the wee hours of Monday morning, the Hacker who was responsible for the theft at Euler Finance finally handed over the remaining sum of $31 million, marking the successful completion of the recovery efforts. The decentralized lending platform was the target of a flash loan attack on March 13, which resulted in the platform…
3 Major Canadian Crypto Exchanges have Merge into One
On April 3, three Canadian Crypto Exchanges — WonderFi (WNDR), Coinsquare, and CoinSmart – declared their intent to unite, which will result in the creation of the largest regulated cryptocurrency trading platform in the nation. Executives from both exchanges have stated that the merger will help them operate more efficiently while also providing a new…
SEB and Crédit Agricole CIB Launch Digital Bonds Focusing on Environmental Considerations
Previously, Crédit Agricole CIB and SEB made a joint announcement regarding the launch of so|bond, a new public blockchain-based platform. According to the release (1), the platform’s primary objective will be to enhance the effectiveness of issuing digital bonds, albeit with a modicum of attention paid to environmental considerations. That is to say, although the…
Multichain Liquidity Provider Li.Fi Raises $17.5 million in series A funding
In the most recent turn of events, Li.Fi is the supplier of multichain liquidity and data gateway services Li.Fi, raised a total of $17.5 million in Series A funding, with crypto-native investment companies Superscript and CoinFund serving as the primary leaders of the fundraising effort. This fundraising round takes place during a period of uncertainty…
SEC to Educate Investors to Promote Better Financial Literacy
The SEC has announced a series of education programs that will focus on underrepresented groups and others. However, the SEC has also emphasized that competitors should be trained to take prudence while using cryptocurrency. In a statement made (1) on April 3, the Securities and Exchange Commission (SEC) stated that it would communicate to communities like high…
In a spinoff, KuCoin Wallet is now known as Halo Wallet
The decentralized KuCoin Wallet is transitioning from its previous state as a straightforward Web 3.0 wallet to one that is capable of operating on a social finance (SocialFi) scale. The news regarding the rebranding was made on Monday, and it states that as of right now, KuCoin Wallet will be known as Halo Wallet. This…
Tokenized United States Treasury Notes Are Now Available Through OpenEden
Former senior employees at the Gemini crypto exchange made the announcement that OpenEden, a DeFi platform, had established the first smart contract vault to allow access to Tokenized United States Treasury Notes (T-Bills). OpenEden is a competitor to Gemini. The release states that OpenEden will make it possible for holders of stablecoins to mint Treasury…