ICHI, a white-label stablecoin solution for DeFi projects, has just raised $3.5 million to continue its partnership drive. Conducted by the ICHI Foundation, several firms including Fundamental Labs, ...
Tag: project
How Facebook’s ambitious stablecoin project came to an end
On Jan. 31, Meta, formerly known as Facebook, announced that it was pulling from its stablecoin project, Diem, formerly known as Libra. Intellectual property and other assets related to the operations...
WazirX CEO Nischal Shetty unveils new blockchain project Shardeum
Nischal Shetty, founder and CEO of Indian crypto exchange WazirX, has an ambitious goal of building an “infinitely scalable” blockchain and serving billions of users. To that end, Shetty h...
Last Hopium NFT Project Brings Dubai A Step Closer to Becoming World’s Blockchain Capital
The United Arab Emirates (UAE) is emerging as one of the world’s most crypto-friendly regimes as it launches programs to assist local crypto development and regulation. Even the Dubai World Trade Cent...
Silvergate swoops in with $200 million bid on failed Diem project
Silvergate Bank gives Diem, also known as Facebook Coin, a way out by buying the failed project’s assets. Since its unveiling in the summer of 2019, Libra, as it was known then, has faced an uphill ba...
Mark Zuckerberg’s stablecoin project Diem officially shuts down
Meta, formerly branded as Facebook, has officially announced the closure of its digital currency project Diem after years of major efforts to move forward with the initiative. Announcing the news on M...
Philippines’ Ayala Corp. Unit, Partner To Invest $220 Million In Indian Solar Energy Project
Workers construct part of a solar farm in India. NARINDER NANU/AFP via Getty Images AC Energy—a unit of billionaire Jaime Zobel de Ayala’s Ayala Corp.—and partner UPC Solar Asia Pacific are investing ...
The Review of the Project and Its Opportunities
The decentralized finance (DeFi) market opens up plenty of opportunities for earning, as well as cutting costs on loans and reducing transactional costs. At the same time, many users face issues upon ...
Zuckerberg’s Diem project could breathe new life under Silvergate
Diem is a cryptocurrency that formerly went by the name of Libra. It was essentially this permissioned blockchain-based stablecoin payment system, originally proposed by Meta Platforms, which was at t...
Wonderland co-founder throws in the towel on beleaguered DeFi project
The co-founder of the embattled Wonderland decentralized finance project is preparing to pull the plug following a deeply divided community vote. On Jan. 30, Wonderland co-founder Daniele Sestagalli t...
Scandal-Ridden DeFi Project Wonderland Shuts Down as Price Tanks
Alex Dovbnya The Wonderland community is not pleased with the decision Controversial decentralized finance protocol Wonderland has called it quits, according to co-founder Daniele Sestagalli. 1/Wonder...
Facebook Announces Plans to Sell Libra Crypto Project
The Libra/ Diem cryptocurrency project that was started so long ago by Mark Zuckerberg and Facebook is presently up for sale. The project has come crashing down underneath the heavy regulatory scrutin...
NFT Project Spotlight: Alethea AI, the Intelligent Train-to-Earn NFT Hub
Key Takeaways Alethea AI has created the world’s first intelligent NFTs. The project uses AI to bring NFT avatars to life. Owners can train their NFTs to earn rewards and participate in Alethea&...
Mononoke-Inu: A community-focused project inspired by adventure games
GameFi, a union of gaming and blockchain-powered finance, has shifted the horizons of online gaming through the introduction of “Play-to-Earn(P2E)”. While conventional games have enabled participants ...
Electroneum seems to be a precisely keen crypto project
Electroneum (ETN) is a digital smartphone virtual currency project that has attracted several potential users. Since its establishment, the project has garnered notable growth. In its initial days, ET...
Implementation Of $DGH Token In DO-GI OH NFT Gaming Project
Advertisement     On January 29th, the DO-GI-OH initiative debuts to redefine the NFT gaming space, promising to offer high-quality games to the Web3 space. DO-GI-OH i...
Tori Zero NFT Project Launched a Joint Cooperation With BWL, the World’s Top Trendy Silver Jewelry Brand – Press release Bitcoin News
press release PRESS RELEASE. The Tori Zero NFT project announced a joint cooperation with the trendy silver jewelry brand BWL. BWL founder Bill Wall will be the first celebrity to join the REDLAB Meta...
Digital Currency Group announces $10M strategic investment with privacy-preserving project Railgun
Stamford, CT, United States, 28th January, 2022, Chainwire The partnership was announced by RAILGUN Privacy DAO on January 27th through CoinDesk. The details of the strategic investment include over $...
BSC-Based DeFi Project Qubit Finance Exploited for $80 Million in BNB
The Binance Smart Chain-based protocol Qubit Finance reported being hacked for $80 million worth of BNB. The attackers managed to create the illusion that they had deposited large amounts of xETH coll...
RichQUACK to Launch Tokens Supporting an Incubated Project
The latest hyper-deflationary crypto-token, RichQUACK, is supported by a huge community of more than 195,000 followers on Twitter and over 65,000 followers on Telegram. RichQUACK has launched Earthlin...
Diem Selling Assets to Silvergate for $200M, Ending Facebook’s Stablecoin Project: Report
In brief The Diem Association will reportedly sell off its assets and IP to Silvergate for about $200M. Facebook originally launched the stablecoin project as Libra in 2019. Facebook’s stablecoi...
Creator of DeFi Project Wonderland Unmasked as QuadrigaCX Co-founder
The co-founder of Avalanche-based project Wonderland has allegedly been identified as Michael Patryn, a co-founder of the now-defunct Canadian crypto exchange QuadrigaCx. The exchange came under scrut...
Project bridges Web 3.0 and Web 2.0 spurring on the creator economy
Bridging solutions enable users to take back their social identity from megacorporations PIP aims to address concerns by adding Web 3.0 functionality PIP exists as a layer of the internet on Web 3.0, ...
This Avalanche Project Main Dev Was Behind A Ponzi Scheme?
The Avalanche community has seen its fair share of drama in the past days as Wonderland (TIME) hit a new price low. Data from CoinGecko indicates that the token has lost over 90% of its value since No...
Beer giant Anheuser-Busch launches NFT project for Bud Light
Bud Light maker Anheuser-Busch is launching an NFT project which will feature 12,722 unique tokens. The project, called “Bud Light N3XT Collection” will be available to consumers 21 and over. The NFTs...
F-Bomb NFT Project Will Help NFT Newbies
Mint Their First NFT Mint date announced with whitelist sale on January 31st, 6-hour presale on February 1st, and public sale to follow on February 1st PHOENIX, Become part of the most explosive NFT ...