# Volatility, hyperinflation and uncertainty: How everyday Venezuelans are using stablecoins to protect their livelihoods

Admin5 years ago07 mins

“# Volatility, hyperinflation and uncertainty: How everyday Venezuelans are using stablecoins to protect their livelihoods ” Last month, Cointelegraph interviewed Reserve CEO Nevin Freeman and the payment decentralized application’s community manager Yens Michiels about the company’s mission to provide access to stable currencies. More recently, Cointelegraph spoke to a couple of users based out of…

# Stacks’ Mitchell Cuevas talks building integrated DeFi bridges for Bitcoin users

Admin5 years ago015 mins

“# Stacks’ Mitchell Cuevas talks building integrated DeFi bridges for Bitcoin users ” The Stacks ecosystem is a collection of independent entities, developers and community members working to build a user-owned internet on the Bitcoin (BTC) blockchain. Stacks’ STX cryptocurrency was distributed to the general public through the first-ever Securities and Exchange Commission-qualified token offering…

# Microsoft leads startup Palm NFT Studio’s M series B round

# Microsoft leads startup Palm NFT Studio’s $27M series B round

Admin5 years ago04 mins

“# Microsoft leads startup Palm NFT Studio’s $27M series B round ” Crypto startup Palm NFT Studio announced a Series B raise of $27 million on Thursday led by Microsoft’s venture fund M12. Palm NFT, cofounded by ConsenSys founder and Ethereum cofounder Joseph Lubin, provides strategic and technical services for creators to build NFT marketplaces. Other…

# SushiSwap CTO resigns citing internal structural chaos

Admin5 years ago03 mins

“# SushiSwap CTO resigns citing internal structural chaos ” Late Wednesday, Joseph Delong, chief technology officer of SushiSwap, the 13th largest decentralized exchange, or DEX, by trading volume, tendered his immediate resignation from the role. Explaining his decision, Delong gave the following statement: “I wish Sushi the best and am saddened that Sushi is so…

# Semiotic AI granted million by The Graph Foundation to support ecosystem growth

# Semiotic AI granted $60 million by The Graph Foundation to support ecosystem growth

Admin5 years ago05 mins

“# Semiotic AI granted $60 million by The Graph Foundation to support ecosystem growth ” The Graph Foundation has announced a $60 million eight-year funding grant to Semiotic AI in a bid to expand the start-up software firm’s research and development capacity in sectors of cryptography and artificial intelligence. Specifically, the partnership will focus on…

# Bitcoin continues consolidation: Are we still in a bull market? | Tune in now to The Market Report w/ Ran Neuner

Admin5 years ago04 mins

“# Bitcoin continues consolidation: Are we still in a bull market? | Tune in now to The Market Report w/ Ran Neuner ” Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect…

# Polygon to invest up to 250M MATIC into zero-knowledge tech

Admin5 years ago03 mins

“# Polygon to invest up to 250M MATIC into zero-knowledge tech ” Ethereum scaling solution Polygon has announced it will dedicate a maximum of 250 million MATIC tokens ($627.5 million) to a deal with zero-knowledge cryptography startup Mir. Zero-knowledge algorithms enable external validators to verify encrypted transactions or documents without revealing the sensitive information hidden…

# Inflation benchmark Frax Price Index to launch on Partisia blockchain

Admin5 years ago03 mins

“# Inflation benchmark Frax Price Index to launch on Partisia blockchain ” On Thursday, Frax Finance, a developer of algorithmic stablecoins, announced it would launch the Frax Price Index, or FPI, on the Partisia blockchain. The benchmark would have its stablecoin pegged to it and serve as a competitor to the standard Consumer Price Index,…

# 3 reasons why DeFiChain (DFI) price has gained 60% in December

Admin5 years ago06 mins

“# 3 reasons why DeFiChain (DFI) price has gained 60% in December ” Decentralized finance (DeFi) offers one of the most widely applicable use-cases for distributed ledger technology and today it is one of the main avenues for the wider adoption of blockchain technology. Last week, as the wider crypto market corrected and Bitcoin (BTC)…

# Enso mounting ‘vampire attack’ on six crypto index projects

Admin5 years ago04 mins

“# Enso mounting ‘vampire attack’ on six crypto index projects ” Metaverse-based social trading platform Enso Finance has announced its plans to launch its platform by performing a “vampire attack” on six major crypto index projects on Dec. 9. A vampire attack is when a platform entices users and liquidity from a competing platform by…