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“# IoTeX ‘MachineFi’ rebrand backs 200%+ rally to a new all-time high ” In the past 30 years, the growth of the internet and digital technology has transformed the way the world operates and now artificial intelligence and machine learning continue to shift the balance of power away from physical labor and more toward a…
“# The power of cheap transactions: Can Solana’s growth outpace Ethereum? ” The top cryptocurrencies by market capitalization keep changing over time as the industry matures. Solana (SOL) has seen its value skyrocket so far this year and has been consistently processing over 2,500 transactions per second. The cryptocurrency’s price, according to TradingView data, is…
“# Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors ” On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer…
“# Iota Foundation to launch staging network and reward token ” The Iota Foundation has announced the upcoming launch of a staging network, Shimmer, in a bid to advance through the Iota roadmap toward fully functional decentralization. The layer-one network will act as an innovation testbed for developers and builders in the community seeking to…
“# Synthetic asset protocol for Polygon raises $1.5M from major investors ” Polysynth, a Polygon-based synthetic asset platform, has secured investments from a number of DeFi venture capital firms and angel investors. The team announced a $1.5 million funding round as part of its seed round on Nov. 15, revealing participation from Jump Capital, DeFi…
“# DFG piles $12.6M into Astar Network’s Polkadot parachain bid ” The first-ever parachain auction on Polkadot is heating up, with leading projects from the Polkadot ecosystem competing for the coveted first slot. On Nov. 15, DFG Group — a global blockchain investment firm controlling $1 billion in assets under management — announced it had…
“# Mark Cuban says he is locking $50k in tokenized carbon offsets every 10 days ” Famed billionaire and reality TV star, Mark Cuban, has revealed he is using blockchain technology to lock up carbon offsets on the Polygon network. In a Nov. 13 tweet, the billionaire blockchain enthusiast revealed that he has been buying…
“# DeFi traders cry foul after only 0.015% of active ParaSwap wallets receive PSP tokens ” Airdrops are once again back in style following the recent five-figure token drop from the Ethereum Name Service protocol that kicked off a flurry of protocol engagements from hopeful crypto enthusiasts looking to get in on the next “crypto…
“# Keep3rV1, WINk and UMA ignore Bitcoin price dip by posting 20%+ gains ” The seesaw price action that the crypto market is known for is back on full display today as the modest gains Bitcoin (BTC) achieved over the weekend quickly disintegrated in the early market moves as the digital asset followed Tesla stock into…
“# Adapt or die: Venture capital vs. crypto, blockchain, DAOs and Web 3.0 ” We have seen a steep adoption of crypto-based systems this year, including decentralized finance (DeFi) applications, nonfungible tokens (NFTs) such as digital art, crypto-centric gaming, and increased adoption of cryptocurrencies as investment and payment tools. One of the more recent developments…