Browsing:Blockchain News

Ethereum-based DeFi platform, Curve Finance
1 year ago 2 mins read

Curve Finance Introduces New Gauges for Ethereum Pools

Ethereum-based decentralized finance (DeFi) platform Curve Finance has proposed to add more gauges to its liquidity pools on the Ethereum network. The request for additional gauges came from whale addresses on the platform. The gauge system on Curve Finance measures the liquidity of a particular pool or set of pools on the platform. The gauges are used to determine a given pool’s stability fee (or interest rate), with pools with lower gauges having a higher stability fee. With gauges on Curve Finance, liquidity is distributed evenly among its pools. According to Curve Finance, the request for adding more gauges to

Terra Protocol Launches Mars Mainnet for Decentralized Lending
1 year ago 1 min read

Terra Protocol’s Mars Network Set to Go Live

The Terra lending protocol, Mars Hub, has announced that it will launch its independent Cosmos application chain on January 31st, issue MARS tokens to users who hold it during two snapshots on Terra Classic. The mainnet will go live with 16 genesis validators and additional 34 slots for permissionless validators will be available post-launch to ensure a strong and decentralized network. To protect the network from potential attacks, 50 million MARS tokens will be delegated to genesis validators for the launch and returned to the community pool one month later. The launch is the final phase of a three-step process

CoinTracker
1 year ago 1 min read

CoinTracker and By The Book Accountancy Join Forces to Simplify UK Crypto Tax Filing

CoinTracker, a market leader in crypto tax and portfolio tracking for consumers, has announced a partnership with By The Book Accountancy Limited to release a series of educational content and resources for UK crypto users to simplify the complexities of tax filing in a compliant manner. The partnership comes as the UK government is considering changes to the regulation of the crypto sector and as the regulatory landscape continues to evolve. The two companies will launch a three-part Twitter Space series to help UK users prepare for tax season, with topics ranging from NFT and crypto taxes and saving money

Two bills related to cryptocurrency were introduced
1 year ago 1 min read

State of Massachusetts Exploring Blockchain for Government Services

Two bills related to cryptocurrency were introduced to the Massachusetts House of Representatives. The first bill was for the creation of a special commission on blockchain technology, and the second was for protecting consumers in cryptocurrency exchanges. The bill for the special commission outlines the formation of a 25-member group that will investigate blockchain technology and its potential impact on the state of Massachusetts. The commission is to be taken seriously, as it will include the House Speaker, the minority leader, and the president of the Senate. The second bill is intended to protect Massachusetts customers who use cryptocurrency exchange

Red Date Technology
1 year ago 1 min read

Chinese Blockchain Project to Connect Stablecoins and CBDCs via a SWIFT-Like Network

Hong Kong-based blockchain company Red Date Technology has launched the Universal Digital Payment Network (UDPN), a digital payments system designed to bridge the gap between stablecoins and Central Bank Digital Currencies (CBDCs) during the World Economic Forum (WEF) 2023 meeting in Davos, Switzerland. The company claims that the UDPN is a distributed ledger technology (DLT) platform that would serve a similar purpose to what the SWIFT network does for banks, but for stablecoins and CBDCs. Tech engineering company GFT Technologies and the digital asset creation engine TOKO from law firm DLA Piper are also contributors to UDPN development. A number

Vitalik Buterin
1 year ago 1 min read

Vitalik Buterin Reveals Ethereum’s ‘Biggest Remaining Challenge

Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” on Ethereum—privacy. In a blog post on Jan. 20, Buterin acknowledged the need to come up with a privacy solution because by default, all information that goes onto a “public blockchain” is public too. He then arrived at the concept of “stealth addresses” — which he said can potentially anonymize peer-to-peer transactions, nonfungible token (NFT) transfers, and Ethereum Name Service (ENS) registrations, protecting users. The concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared

FlintWallet
1 year ago 1 min read

Cardano Wallet Integrates Support for Milkomeda

FlintWallet, a popular Cardano-based digital wallet, has just released its 2.0 version, bringing a host of new features and improvements to its platform. One of the most exciting updates is the addition of support for Milkomeda C1 tokens. This means that FlintWallet users can now hold, send, and receive Milkomeda tokens directly within their wallet, making it even more versatile and convenient. Sebastien Guillemot, CTO of dcSpark, the company behind FlintWallet, said that this development is a “huge step” in achieving interoperability for Cardano. He added that FlintWallet’s mission is to become a fully-fledged digital wallet that is compatible with

MatchboxDAO
1 year ago 1 min read

MatchBoxDAO unveils new esports platform for Web3 developers

MatchBoxDAO, a group of developers, artists, and designers, has launched MatchBox Arena, an esports experience tailored for Web3 developers. The tournament, called “0xMonaco: Battle of Titans,” aims to discover which company has the best technical team by bringing together developers from top Web3 companies such as Uniswap, Ledger, Polygon, Chainlink, and Near. The tournament will be streamed live and feature esports commentators. On-chain games for developers take a unique approach, focusing on strategy games where players use smart contracts to code their strategies. This means that games like 0xMonaco will require high technical skills, creativity, and quick adaptability to win.

The Slamdance Film Festival embraces blockchain
1 year ago 1 min read

Sundance Film Festival integrates blockchain and crypto in film initiatives

The Slamdance Film Festival, an Oscar-accredited film festival for indie filmmakers, will see the premiere of the new film Fuzzy Head, which received its funding through the blockchain-powered crowdfunding platform Untold.io. The platform has also supported other notable films including The Comeback Trail which features Robert de Niro and Morgan Freeman. This is not the first instance of a film festival seeing crypto and blockchain components in films that are premiering. In 2019, the Filmio blockchain platform attended the Sundance Film Festival to scout projects for its blockchain-based entertainment platform. Last year, Liquid Media Group announced its first blockchain film

Fantom Foundation has launched a decentralized funding mechanism
1 year ago 1 min read

Fantom unveils decentralized funding platform “Ecosystem Vault

Fantom has launched a decentralized funding mechanism known as the “ecosystem vault” to finance blockchain projects through a community-driven governance process. Projects can secure funding to build dApps on the Fantom blockchain without relying on intermediaries or external sources of finance. The ecosystem vault receives 10% of transaction fees paid on the blockchain in FTM, the blockchain’s native asset, which is controlled by FTM stakers. To apply for funding, projects must create a forum post and governance proposal that is voted on by community members, with at least 55% approval needed for a successful grant. Payments are distributed using an

Polygon network has partnered with BitGo
1 year ago 1 min read

Polygon Collaborates with BitGo Following Controversial Hardfork Upgrade

Polygon, a blockchain network, has partnered with BitGo, a crypto custody provider, to allow ERC-20 MATIC holders to stake their coins and earn rewards. This partnership will allow MATIC holders to securely store their coins and earn rewards for holding them. Chen Fang, the Chief Operating Officer at BitGo, said in a statement, “By offering more features for MATIC, we’re providing investors with a safer way to custody their assets and providing platforms with the tools they need to build the future.” The partnership between Polygon and BitGo is just the latest in a series of strategic partnerships that Polygon

Nightshift joins forces with MoonPay in strategic acquisition
1 year ago 1 min read

MoonPay expands capabilities with acquisition of web3 studio Nightshift

Web3 infrastructure firm MoonPay announced its first acquisition, acquiring creative studio Nightshift for an undisclosed amount. Nightshift, based in Toronto, will rebrand to Otherlife by MoonPay following the acquisition. MoonPay first started as a fintech, offering a way to buy crypto products with fiat currency, but over the last year, it has made a play for the NFT (non-fungible token) space. In June, it launched Hypermint, a service that allows brands to mint up to 100 million digital assets at once. In September, the company partnered with entertainment giant Universal Pictures to roll out an NFT-based scavenger hunt for Universal

About us

Optimisus is a Dubai-based fintech media company. We cover the latest AI, crypto, NFT, metaverse, blockchain, and Fintech news influencing the crypto industry.

Email: media@optimisus.com

Get Instant Notifications

Join over million readers and get the latest posts delivered straight to your inbox.

© copyright 2024 all rights reserved | Optimisus