CryptoNinjas » Digital Currency Group invests in South Korean crypto exchange company Streami South Korean blockchain company Streami, today announced that Digital Currency Group (DCG) has made an investment in the company, becoming its second-largest shareholder. DCG also participated in Streami’s pre-series A round in 2016. Streami operates GOPAX, a leading Korean crypto exchange. Streami co-founder and CEO Junhaeng Lee said, “After observing the Bitfinex hack and China’s cryptocurrency crackdown in 2016, we decided to build the reliable cryptocurrency market infrastructure that South Korea needed, starting with an exchange.” The…
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Cardstack integrates Chainlink price feed oracles into its creator payment platform Card Pay
CryptoNinjas » Cardstack integrates Chainlink price feed oracles into its creator payment platform Card Pay Cardstack, a blockchain-powered open-source protocol, today announced it will be integrating Chainlink into Card Pay — a consumer-facing crypto payment and reward platform. Cardstack will use Chainlink Price Feeds to establish accurate and tamper-proof exchange rates on the platform, beginning on the xDAI chain; but with a planned expansion to other blockchains and layer-2 solutions. Most DeFi price feeds today are used for trading and financial product use-cases, focusing on the needs of investors, token…
Read MoreTrustSwap Launchpad hosts token offering for RegTech platform Sekuritance
CryptoNinjas » TrustSwap Launchpad hosts token offering for RegTech platform Sekuritance Sekuritance, a CeFi/DeFi ecosystem delivering compliance, regulatory, transaction monitoring, and identity management solutions, is collaborating with TrustSwap, a full-service blockchain asset platform, to support the execution of its SKRT token offering starting on May 8th, 2021 at 9:00 AM PST. Introducing Sekuritance The cryptocurrency economy has taken the world by storm and it is here to stay. Just like traditional finance, the risk of fraud, misuse, abuse also exists in the crypto space. Due to the decentralized and semi-anonymous…
Read MoreSymbol (XYM) token from NEM now available on crypto wallet app Vidulum
CryptoNinjas » Symbol (XYM) token from NEM now available on crypto wallet app Vidulum Symbol from NEM, a blockchain-powered exchange network for business that launched back on March 17th, has announced that Vidulum, a non-custodial multi-coin web wallet, has added support for NEM’s Symbol (XYM) token. Now, Viddulum and Symbol users can earn staking incentives in VDL (Vidulum native token) for staking XYM on their wallets, along with other advantages. Collaboration between Vidulum and NEM Group Symbol wallet The Symbol wallet on Vidulum enables people to participate in digital asset…
Read MoreOpen DeFi launches DAO to incubate and build multi-chain powered dApps
CryptoNinjas » Open DeFi launches DAO to incubate and build multi-chain powered dApps Open DeFi, a global community of Web3 leaders and DeFi founders, today introduced the Open DeFi DAO (OD DAO), a new open initiative to support Open DeFi’s vision of a cross-chain DeFi ecosystem. The DAO will launch DeFi products across all layer one ecosystems and explore DeFi markets surrounding multi-chain use cases and new digital asset classes, including NFTs, data tokens, and more. DAOs, or decentralized autonomous organizations, are projects that exist as smart contracts on the…
Read MoreSpiderDAO unveils first public router firmware test with SPDR wallet functionality
CryptoNinjas » SpiderDAO unveils first public router firmware test with SPDR wallet functionality SpiderDAO, a hardware-enabled DAO that bundles multi-layered hardware and software tools on top of the Polkadot blockchain, has announced the latest beta release of the firmware for their multifunctional Spider Connect Pro Router. The firmware is now available to the community to download, install and test. The Spider Router offers multi-layered privacy techniques. Among the upgrades and improvements to the new firmware are a $SPDR token wallet and DAO functionality. “After this extensive development and upgrades to…
Read MoreFintechs Invited to Work on Georgia’s Central Bank Digital Currency
National Bank of Georgia (NBG) has issued a call for companies in the fintech sector, financial institutions and technology firms to support its efforts to create a digital currency. Georgia’s central bank wants to employ new technologies to raise the efficiency of the country’s payment system and promote financial inclusion. Georgia’s Central Bank Mulling Digital GEL NBG is now inviting companies from innovative industries as well as interested financial institutions to join a public-private partnership tasked to facilitate the adoption of a central bank digital currency (CBDC). The bank is…
Read MoreElectronic Transactions Association Proposes 7 Guiding Principles for a Digital Dollar
The Electronic Transactions Association (ETA) has put forward a set of guiding principles to be considered in the creation of a U.S. central bank digital currency (CBDC), also referred to as digital dollar. The organization, which unites hundreds of companies in the payments industry, confirms its commitment to ensuring access to financial services for all Americans. Payments Industry Association ETA Issues Guiding Principles for CBDC ETA is the world’s leading trade association representing the interests of companies involved in providing products and services pertaining to electronic transaction processing. Among its…
Read MoreWallstreetbets Forum Members Targeted by a Crypto Scam That Reportedly Left Over $2M in Losses
The famous Wallstreetbets (WSB) Reddit forum has made headlines again in the cryptocurrency community, but this time around, it’s not because of ban-related topics or endorsements on a digital asset. Some WSB members reportedly fell into a crypto scam which has left people with millions of dollars in losses. Fraudsters Promoted a Fake Coin Named ‘WSB Finance’ According to BNN Bloomberg, a bogus Telegram account named “WallStreetBets – Crypto Pumps” has been offering a fake token called “WSB Finance” that was designed by the WSB team, which is not true.…
Read MoreCrypto Derivatives Exchange FTX Starts Offering Lumber Futures Amidst Commodities Price Boom
FTX, one of the largest derivatives exchanges, has started to offer lumber-based futures markets for its customers, given the recent interest in speculating on commodities prices. Lumber has been one of the key commodities that have skyrocketed in price during these last months, affecting and halting many building projects all across the U.S. FTX Starts Offering Lumber Futures Markets FTX, one of the main cryptocurrency derivatives exchanges, has announced it would start offering lumber futures in its product lineup, amidst a resurgence in the interest of traders on this commodity.…
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