Balancer, a popular DeFi liquidity protocol, is making significant changes to its brand strategy, which has resulted in a reduction of its operating budget and the layoff of two front-end engineers. During a community call attended by over 20 people, Balancer’s OpCo announced its decision to focus on improving its user interface and marketing efforts. As part of its overhaul, …
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The much-awaited Ethereum upgrade ‘Shapella’ goes live, bringing a range of new features to the blockchain network. The upgrade was implemented on April 13, 2023, at 22:42 UTC, and marks a significant milestone in Ethereum’s development. Shapella’s main goal is to improve Ethereum’s scalability and security, making it faster and more efficient to use. The upgrade will enable faster transaction …
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Metalpha, a Hong Kong-based cryptocurrency wealth manager has managed to secure $20M out of the proposed $100M from overseas investors in China. Metalpha is looking forward to investing in Bitcoin and other crypto platforms of Grayscale, a major crypto asset manager in the United States. Metalpha to partner with NextGen The upcoming investment project of Metalpha will be launched in …
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KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations play a crucial role in ensuring the security and legitimacy of cryptocurrency transactions on exchanges. In this article, we’ll provide an overview of what KYC and AML are, how they work, and their importance in the world of crypto. What is KYC? KYC is the process of verifying the identity of …
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11 April 2023 / Press Release: Following its seed round financing in April 2022 and private round financing in May 2022, the well-known NFT lending platform AFKDAO has announced another significant move: it will soon enter the South Korean GameFi and NFT markets. With an open and composable approach, AFKDAO aims to provide full lifecycle liquidity solutions for South Korean …
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As the Shapella upgrade approaches, Ethereum is finalizing its transition to a proof-of-stake (PoS) consensus mechanism. This will enable validators to withdraw approximately $34 billion worth of staked Ethereum. The imminent release has given rise to speculation about its potential impact on the cryptocurrency market, especially since a substantial proportion of the locked ETH is already liquid due to staking …
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Ukraine has taken a unique step to raise funds to support its ongoing war with Russia by launching a collection of non-fungible tokens (NFTs). These NFTs represent the country’s struggle against Russian aggression and will be sold to raise funds for the Ukrainian armed forces. The move comes after President Volodymyr Zelensky signed the country’s first-ever NFTs to support its …
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In today’s digital world, the security of one’s financial assets is of utmost importance. With the increasing number of cyber-attacks and data breaches, it is imperative that we take necessary measures to protect our valuable assets from falling into the wrong hands. Hardware wallets are uniquely positioned to provide a secure and reliable way to hold and manage digital assets …
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The Arkansas State House, which accommodates the Senate and House of Representatives, has effectively passed a bill with the aim of safeguarding Bitcoin mining in the state. The bill was introduced by representative Rick McClure, along with Senator Joshua Bryant, and was initially presented in the House on March 30. After undergoing multiple readings and committee stages in both the …
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Recent developments from Reddit have garnered a lot of reactions from the community members, with some expressing commendation towards Reddit’s marketing efforts and the revision of the anti-NFT narrative within the platform. About Reddit Avatars The highly renowned online discussion platform, Reddit, has successfully introduced the third iteration of its blockchain-based digital collectibles, aptly named “Reddit Avatars,” on the Polygon …
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