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“# Blockchains vie for NFT market, but Ethereum still dominates — Report ” This month, Cointelegraph Research will release a comprehensive report on nonfungible tokens, discussing NFTs in detail and providing a detailed guide to getting into this market. In collaboration with multiple partners — including Enjin, NFTBank, The Sandbox and others — the report…
“# Gaming VC Bitkraft launches $75M investment fund for blockchain gaming ” E-sports investment platform Bitkraft VC has established a $75 million token fund for investing in blockchain gaming and digital entertainment. The fund uses a “stage-agnostic” strategy, meaning that it will put money in companies and startups at any business development stage. Apart from…
“# Gelato raises $11M from heavyweight backers for Web 3 automation ” Smart contract automation network Gelato has become the latest to receive big backing from crypto venture capital giants. Gelato has raised $11 million in a Series A funding round led by Dragonfly Capital and with participation from ParaFi Capital, Nascent, IDEO CoLab Ventures,…
“# Compound unanimously passes proposal to repair bug ” Compound Finance announced the passing of Proposal 064 on Thursday, titled the “Fix COMP Accrual Bug.” The proposal states that this update will attempt to “patch the bug introduced in Proposal 62 and pessimistically allow COMP reward withdrawals until the bad COMP accruals can be fixed.”…
“# Stader Labs completes $4M funding raise to expand crypto staking ” Stader Labs, a cryptocurrency staking management platform, announced on Thursday a $4 million financing round to accelerate development across multiple blockchains — including Ethereum, Near and Polkadot — as well as broadening its marketing campaigns. The funding raise was conducted by Pantera Capital,…
“# MoneyGram launches USDC settlement using the Stellar blockchain ” Financial services company, MoneyGram International, has partnered with the Stellar Development Foundation to enable consumers to send money using Circle’s popular stablecoin, USD Coin (USDC) and convert directly to and from fiat. Per a 6 Oct. announcement, MoneyGram has integrated support allowing crypto wallets connected…
“# No outages, no data leaks: The new WhatsApp killer built on the blockchain creates privacy-focused encrypted messenger ” Oxen is a privacy-focused platform built on top of a proof-of-stake (PoS) network. It has also built a secure and anonymous messaging platform Session. The company’s chief technical officer Kee Jefferys talked to Cointelegraph about its…
“# Laos partners with Soramitsu on CBDC research as regulated crypto mining begins ” Laos has become the latest nation to begin exploring a central bank digital currency (CBDC), announcing upcoming research on the subject in partnership with Japanese distributed ledger technology (DLT) firm Soramitsu. According to an Oct. 3 report from Nikkei Asia, the…
“# Cosmos sees 1 million transfers in a month across the ecosystem ” The Cosmos cross-chain network has been growing steadily along with the projects that run on top of it and it’s just reached a milestone in terms of activity. The Inter Blockchain Communication protocol (IBC), which is the backbone of the Cosmos ecosystem,…
“# Arab Bank has chosen Tezos to facilitate institutional custody service ” Arab Bank Switzerland announced Tuesday that it will integrate staking, trading and custody services onto the Tezos blockchain’s native token (XTZ) in a bid to provide a digital asset environment for institutions, corporations and high net-worth individuals. The 50-year old establishment partnered with…