Browsing:Blockchain News

MetaMask Launches Beta Portfolio Dapp
2 years ago 1 min read

MetaMask releases Beta Portfolio DApp that allows users to view all of their assets across chains

MetaMask announced the release of a beta version of its portfolio dApp, which gathers user accounts and crypto assets from many chains into a single location for users to examine. Users of mobile devices and browser extensions can access the portfolio dApp. Users only need to click the “Portfolio” link on their browser extension’s home page to connect numerous accounts and begin using it. Additionally, users can use the “watch any wallet” option to add an offline wallet or hardware wallet and give it a name of their choosing. Users can add “vitalik.eth” and give it the name “Cosmic Treasure

Olympus DAO has reduced the annual percentage staking yield of the OHM token to 7.35%.
2 years ago 1 min read

Olympus DAO reduces the annual OHM staking yield to 7.35%

Olympus DAO has reduced the annual percentage staking yield of the OHM token to 7.35%. Following the DAO’s approval of OIP-119, a governance proposal, the rewards were scaled back in order to make the protocol sustainable. The Olympus DAO team explained that while the project’s previous goal was to bootstrap adoption by providing a very high yield, it is transitioning to a new tokenomics framework. The company announced the news in a Thursday Twitter thread titled “Say bye to high APY.” Olympus DAO is a DeFi protocol that backs the OHM token with a treasury. According to its website, it

MicroStrategy is seeking to hire a software engineer to work on the creation of a SaaS platform based on the Lightning Network.
2 years ago 1 min read

MicroStrategy wants to engineer in Bitcoin Lightning Software

MicroStrategy, a well-known provider of business intelligence and software, is seeking to hire a software engineer to work on the creation of a SaaS platform based on the Lightning Network. This occurs soon after Michael Saylor, the company’s former CEO, resigned. The company posted a job application looking for an experienced software developer for a new platform that will be created to provide businesses with “innovative solutions to cyber-security challenges and enabling new e-commerce use cases.” The new hire will be tasked with developing software applications using the Lightning Network, Bitcoin Blockchain, and other decentralized finance technologies. The other focus

Uniswap Labs Eyes $200M in Fresh Funding
2 years ago 1 min read

Uniswap Labs seeks for $200 million in new investments

According to reports, the development team behind Uniswap, the biggest exchange on DeFi, is on course to become the next crypto unicorn. As per TechCrunch, the round could total between $100 million and $200 million, with Polychain and a Singapore-based sovereign investment fund involved. The transaction would value Uniswap at $1 billion. Heavy hitters like a16z, USV, Paradigm, and even Coinbase have invested in Uniswap Labs in the past. In a Series A funding round, the project received $11 million in 2020. The crypto project’s development team, Uniswap Labs, has not yet responded to Decrypt’s request for comment. By volume

Musk argued that Twitter cannot be implemented on a blockchain because the peer-to-peer network could not meet the bandwidth and latency requirements.
2 years ago 1 min read

Elon Musk argues that Twitter cannot be implemented on a blockchain

Elon Musk says that a blockchain Twitter is not possible when FTX CEO Sam Bankman was prepared to take part in the acquisition. According to a Business Insider, Sam Bankman-Fried, the CEO of FTX crypto exchange, was interested in taking part in the acquisition of Twitter along with Elon Musk, and he offered Tesla founder to transit the social network on blockchain rails. In response to this suggestion, Musk argued that Twitter cannot be implemented on a blockchain because the peer-to-peer network could not meet the bandwidth and latency requirements. Musk explained that the solution might work if these peer-to-peer

Sam Bankman-Fried (SBF)
2 years ago 1 min read

Leaked private messages show Sam Bankman-Fried (SBF) wants to support Elon Musk’s attempt to acquire Twitter

Elon Musk was informed by a Sam Bankman-Fried advisor that the crypto billionaire was considering purchasing Twitter and integrating blockchain technology into the social media network. Bankman-Fried is the founder and CEO of the cryptocurrency exchange FTX Trading Limited. A number of Musk’s private texts that were made public as a result of Twitter suing him after the SpaceX founder backed out of a US$44 billion deal to buy the social media giant provide an overview of the saga. Will MacAskill, a key advisor to Bankman-Fried, texted Musk about SBF’s interest in Twitter as Musk started purchasing Twitter shares and

42nd edition of largest tech show to welcome more than 5,000 companies to explore and experiment in a decentralised future of the internet and a sustainable global digital economy
2 years ago 13 mins read

GITEX GLOBAL 2022 gathers world’s leaders to challenge and collaborate in the Web 3.0 economy

42nd edition of the largest tech show to welcome more than 5,000 companies to explore and experiment in a decentralized future of the internet and a sustainable global digital economy GITEX sets to wow with the year’s biggest and most immersive metaverse experience across multiple sectors, from music, fashion, sports, to lifestyle, and business His Excellency Omar Al Olama: “My office has partnered with GITEX to ensure that we’re not just showcasing technology, but inventing and developing technology” UAE, September 29, 2022: Dubai will transform into the ultimate digital epicenter of the world next month, as the UAE hosts the

Optimisus Partners With NOWPayments To Expand Its Services
2 years ago 1 min read

Optimisus Partners With NOWPayments To Expand Its Services

It is with great pleasure to announce our strategic partnership with NOWPayments, a cryptocurrency payment gateway juggernaut, which allows businesses to accept BTC, ETH, XRP, and other digital assets. NOWPayments offers over 50 cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). The platform also provides one of the lowest fees in the crypto space. Most importantly, NOWPayments provide the best-in-class account manager along with round-the-clock customer service support. With our hearts filled with joy, we are delighted to share that Optimisus will work hand-in-hand with NOWPayments to expand its crypto media services and leverage more and more trendy blockchain-based and crypto

Former U.S. Treasury Secretary discusses what’s next for the Global Economy at UAE’s AIM Summit
2 years ago 3 mins read

Former U.S. Treasury Secretary discusses what’s next for the Global Economy at UAE’s AIM Summit

Economist Lawrence H. Summers has been the leading voice in the national debate on inflation. What are the risks ahead once inflation is tamed? Will slow-growth and secular stagnation re-emerge? Dubai UAE September 16th 2022: Lawrence H. Summers, the renowned American economist who served as the 71st United States Secretary of Treasury from 1999-2001 under Bill Clinton, as well as the Director of the National Economic Council from 2009 to 2010 under Barack Obama, will be offering his insights into the global economy and financial markets during the 13th edition of AIM Summit being held on the 21st and 22nd

Riyadh to host global fintech experts as the Kingdom ramps up to transform into a digital economy
2 years ago 3 mins read

Riyadh to host global fintech experts as the Kingdom ramps up to transform into a digital economy

Centered around Saudi Arabia’s national economic development strategy and Saudi Vision 2030, Trescon brings World Fintech Show to the Kingdom, which aims to connect global fintech innovators with enterprises, investors, policymakers, government authorities, and collaborators to redefine and re-energize financial services by adopting the most impactful technologies. Tuesday, September 13, 2022, Riyadh, Saudi Arabia: After successfully managing DIFC Fintech Week, one of the largest fintech events in the Middle East, Trescon will host its World Fintech Show taking place on 5 – 6 December 2022 at the Intercontinental Riyadh, Saudi Arabia. World Fintech Show is a thought-leadership-driven, business-focused event that

Magna Announces $15 Million Seed Round to Manage and Automate Token Distribution for Companies
2 years ago 4 mins read

Magna Announces $15 Million Seed Round to Manage and Automate Token Distribution for Companies

NEW YORK, Sept. 15, 2022 /PRNewswire/ — Magna, a New York-based token management platform, announced today it has raised $15.2 million in seed funding. The round was led by Tiger Global and Tusk Venture Partners with participation from Circle Ventures, Galaxy Digital, Asymmetric, Alchemy Ventures, Solana Ventures, Ava Labs, Polygon, Protocol Labs, Y Combinator Continuity, Blockchain Founders Fund, AV Blockchain Fund, Olive Tree Capital, ProtoFund, Plug and Play Ventures, Balaji Srinivasan, Ryan Selkis, and angels including senior executives from Anchorage, Fireblocks, TRM, Chainalysis, TokenSoft, Phantom, QuantStamp, and QuickNode, among other investors. In the last few years, there has been a

Silence Laboratories, a web3 focused cybersecurity startup has closed a $1.7 million round in a seed funding.
2 years ago 4 mins read

Decentralized Security Provider Silence Laboratories raises $1.7 Million in Seed Funding

SINGAPORE, Aug. 31, 2022 /PRNewswire/ — Silence Laboratories, a web3 focused cybersecurity startup, headquartered in Singapore and working on libraries for MPC and Proofs-based Decentralized Security-as-Service (DSaaS), has closed a $1.7 million round in a seed funding, led by Pi Ventures. Their core technology to support developer focused decentralized and high grade security for digital assets with functionalities of key management, distributed signature and authorization is built on top of a unique fusion of multi-party computation (MPC), sensing and intelligent signal processing. The round also included participation from web3 centric funds such as imToken ventures and prominent angels like Daniel

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