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CreDA (Credit DeFi Alliance), launches the world’s first decentralized credit service to improve the savings and loans system in crypto. The platform will use artificial intelligence (AI) systems to provide credit ratings using on-chain and traditional financial data. Decentralized credit service startup, CreDA, officially announced the launch of its
Houston-based tech company Lancium has raised $150 million to expand its renewable energy-run Bitcoin mining business model across Texas. The firm is looking to spend the money on a Bitcoin mine with a capacity of over 2,000 megawatts (MW) in 2022. The funding round was led by clean energy
The total value locked (TVL) on Ethereum layer 2 protocols has soared to a new all-time high of $6.59 billion. The demand for layer 2 (L2) protocols has continued to grow amid Ethereum’s high gas fees. According to L2 analytics platform L2beat, the TVL locked across various L2
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Nov 24th, 2021 – BOSAGORA signed an agreement for strategic affiliation. Standard Protocol, a stablecoin protocol. BOSAGORA, a public blockchain platform specialized in metaverse ecosystem, is fast expanding the metaverse ecosystem through MetaCity Forum for which it serves as a permanent chair. Members of the forum include Aiitone, Uracle, BRI(Blockchain
Earlier this week, Australian politician Senator Jane Hume expressed her confidence in the future of decentralized finance (DeFi). According to her, the sector “presents huge opportunities” for Australia to become a “front-runner for innovation and economic progress.” The Liberal Party Senator voiced her optimism during the Australian Financial Review Super
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The CEO of Singapore-based hedge fund Three Arrows Capital Ltd, Su Zhu, is abandoning the Ethereum network due to its high transaction fees. Zhu voiced his frustration in a series of tweets on Sunday, confirming that he had “abandoned Ethereum despite supporting it in the past.” According to the 34-year-old
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The non-fungible token (NFT) marketplace is rapidly growing as athletes, celebrities and billionaires gradually get their hands on these rare and unique digital assets. According to Dune Analytics, Opensea marketplace has already completed $1.65 billion in sales so far in November, showing a great demand from investors. Nonetheless, the
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The crypto industry has been offering methods of earning a profit ever since Bitcoin trading first started over a decade ago. However, trading carries risk, and crypto volatility is certainly not helping matters either. Of course, it can be very useful if you know how to use it, but it
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Restart Energy Innovative Technologies (REIT) AG has come out to announce they are launching the first sustainable Security Token Offering (STO) on DAURA, a Swiss blockchain platform. According to a report on Reuters, the global energy demand is expected to soar by 44% by 2030. With that into consideration, countries
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Today we can see a fierce competition between multiple startups and already established companies trying to bring the Web 3.0 revolution to us. After all, projects that will be on top of the “food chain” at the start of Web 3.0 will have a huge competitive advantage for
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It seems that today there is no digital sphere whose development has not been influenced by blockchain technology. A striking example is the world of online games, which can rightfully be called one of the leading innovators who actively incorporate new crypto technologies into their algorithms. Indeed, there are currently
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Decentralized finance platform, Spike Inu, finally goes live on Coinmarketcap, shortly after listing on Coingecko early this month. The project offers a one-stop ecosystem that includes DeFi apps, NFT marketplaces, and a multichain wallet. The platform also features a decentralized exchange, or DEX, that allows users to easily swap ERC-20
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Blockchain technology is reshaping how businesses and individuals communicate and interact with digital technologies. Bitcoin established itself as the leading cryptocurrency. Yet despite Bitcoin's hegemonistic staple, blockchain adoption has progressed faster than crypto adoption as more industry sectors identify novel use cases for integrating blockchain into their business.
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The Butterflies Museum is a new NFT collection that makes butterfly collecting accessible to anyone without harming nature. Every NFT features a real butterfly in a frame, including the name per international classification. Moreover, the entire collection of 500 pieces is hand-drawn by the artist. A Harmless Way of Collecting
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The metaverse market is projected to hit over $814 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 43.8% within the forecast period. Today we have a growing number of metaverse-based blockchain-powered projects, and the number is expected to more than triple in the coming years. As
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Coop Network, a recently launched cooperative initiative by people who wish to bring traditional organizations into the 4th industrial revolution of blockchain, is ready to disrupt the medical cannabis business. Planting Decentralization A collection of different nations and states, the EU has a difficult time handling the multi-billion cannabis market.