Browsing:News

Colecti has received a 470k Euro equity investment from Lisk to build a thriving ecosystem for NFTs on the Lisk blockchain.
12 months ago 3 mins read

Colecti has received a 470k Euro equity investment from Lisk to build a thriving ecosystem for NFTs on the Lisk blockchain

Utrecht, Netherlands, April 24th, 2023 Colecti, the upcoming marketplace for NFTs, is pleased to announce that it has received a 470k Euro equity investment in 2022 from Lisk. This equity deal is part of Colecti’s pre-seed fundraising strategy and will be followed by Colecti’s Token Sale starting on April 24th, 2023, with the aim of raising capital for scaling the company and creating a thriving market. Colecti is a community-driven NFT marketplace that aims to provide easy access to NFT technology. It is set to make history as the first NFT marketplace within the Lisk ecosystem, offering low transaction fees

A court in South Korea has ruled that the native token of the LUNA ecosystem, LUNA, is not a security
12 months ago 1 min read

South Korean court rules that LUNA is not a security

A district court in South Korea has ruled that the native token of the LUNA ecosystem, LUNA, is not a security under Korea’s Capital Markets Act. The court dismissed charges of security violations against Hyun-Seong Shin, co-founder of Terraform Labs, stating that it is “difficult to see Luna Coin as a financial investment product regulated by the Capital Markets Act.” This ruling makes the Terra-LUNA saga a case of fraud and breach of trust rather than a violation of securities law. However, the prosecution is still focused on the securities aspect of the native token and has appealed to the

Romania Ventures into Web3 Territory with Launch of National NFT Marketplace
12 months ago 1 min read

Romania Takes a Step towards Web3 with Launch of NFT Marketplace

Romania’s National Institute for Research and Development in Informatics (ICI Bucharest) is driving Web3 adoption with the launch of a non-fungible token (NFT) trading platform. The platform, called ICI D|Services, is an NFT marketplace that allows institutional and public users to mint, manage, and trade NFTs. ICI Bucharest has shifted its focus to the blockchain, Web3, and NFTs due to their increasing popularity across the world. The platform is aimed at creating a bridge between public and private sector institutions and users in Romania. The launch of the platform will feature five unique NFT collections, developed in collaboration with Romanian

India's Finance Minister highlights need for coordinated approach to crypto regulation
12 months ago 1 min read

India’s Finance Minister calls for a global agreement on crypto regulation

Indian Finance Minister Nirmala Sitharaman has called for a global consensus on cryptocurrency regulation, saying that technology-driven assets require all countries to come together to effectively regulate them. In a speech at an event in Bengaluru, she emphasized the need to govern private digital assets while allowing them to operate freely. Sitharaman clarified that this did not entail control over distributed ledger technology. The regulation of digital assets is a key agenda for India’s G20 presidency this year. The country is pressing for global cooperation to build an appropriate framework for cryptocurrency regulation. The International Monetary Fund (IMF) has also

Cosmose AI
12 months ago 1 min read

Cosmose AI’s Valuation Skyrockets to $500 Million Following NEAR Protocol Integration

Cosmose AI, an AI-based company focused mainly on retail shopping, has teamed up with NEAR Protocol, the Layer 1 blockchain, to make crypto payments more cost-efficient. The partnership includes undisclosed funding from NEAR Protocol, which enables Cosmose to have a $500 million valuation. Cosmose’s KaiKai app will use NEAR’s blockchain infrastructure to make online payments cheaper. KaiKai has its native stablecoin, Kai-Ching, equivalent to $0.01. Users can on-ramp fiat and then convert it to Kai-Ching to use it for payment purposes. According to Miron Mironiuk, the founder of Cosmose, KaiKai can reduce the cost of transactions by approximately 50 times

Russia has climbed the ranks to become the second-largest country in the world for Bitcoin and cryptocurrency mining
12 months ago 1 min read

Russia Emerges as Major Bitcoin Mining Destination, Ranks Second to the US

Russia has climbed the ranks to become the second-largest country in the world for Bitcoin and cryptocurrency mining, with the United States holding onto the top spot, according to a report by BitRiver. The report stated that in the first quarter of 2023, Russia achieved a new milestone by using 1 gigawatt (GW) of power involved in mining operations. However, the United States maintains a larger mining capacity of 3-4 GW, followed by other countries in the top 10 list. Despite the United States being the leader in Bitcoin mining, the lack of clear cryptocurrency regulations in the country could

Treasury Secretary Janet Yellen raised concerns about the potential threat to the US dollar's global supremacy.
12 months ago 1 min read

The Dollar’s Reign at Risk as China, Russia, and Iran Conspire to Abandon It, warns Yellen

In a recent interview with CCN, Treasury Secretary Janet Yellen raised concerns about the potential threat to the US dollar’s global supremacy. Yellen states that China, Russia, and Iran are making moves to move away from the dollar and find an alternative, after seeing how the US has used its reserve currency to impose financial sanctions. While acknowledging that the weaponization of the US dollar can be an effective tool in deterring bad behavior on the global stage, Yellen highlights the risk of it undermining the hegemony of the dollar over time. However, she also emphasizes that the US Treasury

Post-Shapella Ethereum: A Look at the Upcoming Cancun-Deneb Upgrade.
12 months ago 1 min read

Beyond Shapella: Ethereum’s Cancun-Deneb Upgrade Nears Completion

Ethereum’s core developers met on Thursday to plan modifications to the blockchain’s consensus layer in preparation for the upcoming upgrade, Cancun-Deneb. This upgrade, expected later this year, aims to make Ethereum cheaper for users by implementing new changes across the platform’s two mainnet layers: the execution layer and the consensus layer. The Cancun-Deneb upgrade will introduce Ethereum Improvement Proposal (EIP) 4844, also known as “proto-danksharding.” This proposal seeks to augment Ethereum’s scalability beyond the current capabilities of Layer 2 solutions. EIP-4844 aims to bring temporary storage and retrieval of off-chain data by Ethereum nodes to address the data and storage

Cardano Testnet Adopts Wrapped Bitcoin Token
12 months ago 1 min read

Cardano Testnet Integrates Wrapped Bitcoin Token

The Cardano ecosystem has taken a significant step towards expanding its decentralized finance (DeFi) offerings with the launch of cBTC, a wrapped bitcoin token, on the Cardano testnet. The developers behind the project are aiming to attract bitcoin users to the Cardano DeFi ecosystem, allowing them to mint cBTC tokens from the anetaBTC protocol and use them to fund, trade, or provide liquidity to Cardano testnet protocols. Wrapped tokens like cBTC make it easy for users to transfer value across different blockchains that lack interoperability. In other words, they allow users to access different DeFi protocols without requiring the native

KuCoin's Twitter Hacked
12 months ago 1 min read

KuCoin’s Twitter Account Hacked: Exchange Vows to Reimburse Victims

On April 24, KuCoin, a cryptocurrency exchange, reported that its Twitter account had been compromised for approximately 45 minutes. During the breach, a malicious post was published, offering a giveaway with a link to a phishing site. The exchange discovered that 22 users lost funds after interacting with the phishing site, resulting in a total loss of 22,628 Tether (USDT). KuCoin promised to reimburse all verified asset losses caused by the social media breach and the fake activity. KuCoin assured its users that all funds on the exchange were safe and that the hack was limited to the social media

Bisonai Partners with Polygon Supernet to Revolutionize Blockchain Infrastructure for Web3
12 months ago 3 mins read

Bisonai Partners with Polygon Supernet to Revolutionize Blockchain Infrastructure for Web3

Singapore, Singapore, April 21st, 2023 Singapore-based blockchain startup to help businesses of all sizes overcome challenges to build cutting-edge infrastructure for Web3. Bisonai, a Singapore-based company specializing in Web3 infrastructure, has joined forces with Polygon Supernet, a blockchain developer that provides a Layer 2 scaling solution for Ethereum, to revolutionize enterprise blockchain solutions, offering scalable and customizable Web3 infrastructure to businesses worldwide.  As companies increasingly look to adopt blockchain technology, they often encounter significant challenges related to scalability and complex infrastructure requirements. Bisonai’s partnership with Polygon represents a significant milestone in its mission to provide innovative and cutting-edge blockchain infrastructure

Flow Secures $3M Seed Funding To Build A Rollup Centric NFT Ecosystem.
12 months ago 2 mins read

Flow Secures $3M Seed Funding To Build A Rollup Centric NFT Ecosystem.

San Francisco, United States, April 21st, 2023, Chainwire Introducing Flow: The Game-Changing NFT Ecosystem Set to Revolutionize the NFT Market. Aggregator Beta Launches on Ethereum Mainnet. Groundbreaking AI and Rollup-Centric Roadmap Unveiled; Anticipated Token Launch on April 30. Flow’s aggregator makes NFT bidding a breeze with their groundbreaking “place bid once, buy from everywhere” technology. Flow’s powerful order matching and execution engines provide users a great UX while protecting them from frontrunners and unnecessary gas fees by routing transactions via Flashbots. With a $3M seed funding round led by Nima Capital and participation from Shima Capital and other industry heavyweights, Flow is

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