Casper Association Announced $25 Million Grant To Support Developers
Casper Association has announced the launch of its ‘Casper Accelerate Grant Program.’ This program has a $25 million grant to support Casper innovators and developers. They will use this grant money to develop end-user applications, build infrastructure support, and focus on innovative research. JUST IN from @nextblockexpo: We're glad to announce the launch of a $25M…
Japan’s Biggest Mobile Operator NTT Docomo Establishes a Web3 Consortium
Japan’s largest mobile operator brand, NTT Docomo, has announced its partnership with Astar Network to pace up web3 development and implementation in the nation. NTT Docomo has an annual revenue of more than $40 billion and is set to explore web3 ecosystems for mass adoption with this partnership. The joint venture to empower the industry…
JP Morgan’s First-Ever DeFi Trade Executed Successfully on Public Blockchain
The renowned multinational banking service provider JP Morgan has successfully executed cross-border transactions on the blockchain. The firm executed its first-ever blockchain-based DeFi transaction. The trade was carried out for the Monetary Authority of Singapore’s latest project, Project Guardian. JP Morgan was working extensively to explore opportunities for financial service in the web3 space. This…
A Detailed Guide on xDeFi Token (On Ethereum)
As the trendiest topic in the finance industry, xDeFi token also known as decentralized finance token has ballooned over the years. There are several protocols of xDeFi locked up in their smart contracts. For all the people who want to invest in cryptocurrency, it is important to understand the basic concepts of xDeFi wallet token….
Know Everything About DeFi Wallets
Investors have the opportunity to participate in novel and diverse markets like Non-Fungible Tokens (NFT) art and exotic derivatives with decentralized finance (DeFi). A DeFi wallet, however, is required to play the game. By replacing the login screens for Web 2 platforms that let you sign in to new sites with your Facebook or…
TribeOne and DeFi11 enters a strategic partnership
Working as a powerful decentralized portal that aspires to reinvent blockchain gaming, DeFi11 has entered into a strategic collaboration with the TribeOne portal. Hailing from San Francisco, California, TribeOne is a Non-Financial Institution, savings, and credit risk management platform providing seamless banking experience to users through its user-centric tools and services. The integration between the…
Proposal for cross-chain governance gets approved on Aave
Serving as a top-tier Decentralized Finance portal facilitating easy lending and borrowing of crypto, Aave has successfully passed the first cross-chain governance proposal in its ecosystem. The developers of the project revealed that a proposal executed on Aave, designed on the Ethereum channel, was wired to the Polygon (MATIC) FxPortal. The Ethereum data was interpreted…
Meta introduces world’s fastest Metaverse AI supercomputer
With the striking surge in the popularity of Metaverse technology, firms from across the globe are constantly working to expand their operations in the cluster. The most prominent player in Metaverse has been Facebook’s parent firm ‘Meta’ that has released a blog post featuring its newly-designed AI-supported supercomputer named ‘Research SuperCluster’ (RSC). Led by Mark…
Everything You Need to Know about Yield Farming
“The amount lent out is paid back with interest when typical loans are sanctioned through banks. The same concept goes with yield farming: lending of bitcoin that would normally be sitting ideally in an account to produce returns,” according to the CFP, AIF, and owner of Hill Wealth Strategies, Daniel R.Hill. Thus, yield farming…
Staking vs Yield Farming vs Liquidity Mining- What’s The Difference?
On your journey through the DeFi metaverse, you are likely to come across terms like staking, yield farming, and liquidity mining. They all refer to a client putting their resources on the side of a blockchain, DEX (decentralized exchange), shared security options, or some other potential applications that demand capital. Despite sharing a lot…
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