META SPACE
META SPACE Laboratory invested 100 million US dollars to support its ecological construction, and launched the META SPACE chain game ecology and META SWAP, DEX platform in the first phase, and opened up the dual ecological interconnection mechanism.
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The Graph to Host Protocol Governance on Decentralized GitHub Alternative Radicle
Web 3.0 analytics and querying platform The Graph announced Radicle, a peer-to-peer software building stack, will host its governance protocol, the Graph Improvement Proposal (GIP) Process. All future protocol governance will also be hosted on Radicle, which is akin to a decentralized GitHub. The GIP process is meant to make sure protocol upgrades are frictionless and to allow the decentralized community and stakeholders to contribute to the overall development of the Graph protocol. It lays out how contributors can propose an idea and provides a methodology for the The Graph Council, which governs…
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Ripple CEO Says Legal Dispute With YouTube Over XRP Scams Now Resolved
Youtube is said to have settled a court case brought by Ripple that alleged the video platform failed to enforce its own policies and allowed fake accounts to impersonate the blockchain payments company and its CEO Brad Garlinghouse. In a series of tweets Tuesday, Garlinghouse said the companies have now opted to “work together” with YouTube to “prevent, detect and take down these scams.” In April, Ripple sued the video streaming giant for failing to effectively police against scams involving the cryptocurrency XRP (-1.91%), resulting in monetary damage to users and reputational harm to Ripple. The…
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Galaxy’s Institutional Ethereum Funds Raise $32M at Launch – From a Select Few
Galaxy Digital’s institutional-grade ether (ETH) funds have raised over $32 million since their February launch, according to documents filed Friday with the U.S. Securities and Exchange Commission. Early returns – for an “onshore” $22 million fund and its Cayman-domiciled $10 million sibling – reveal a small but deep-pocketed clientele participated in the twin funds’ earliest days. Just five total investors have joined the funds since Galaxy unveiled them in late January. The funds debuted as ETH settled in the $1,500 range, well below highs set February when the native asset of the world computer…
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Crypto Is Banned in Morocco, but Bitcoin Purchases Are Soaring
Cryptocurrencies are banned in Morocco, but peer-to-peer bitcoin (BTC, -5.01%) trading platform LocalBitcoins is reporting all-time trading highs this year. February 2021 was the platform’s “best month ever” in Morocco in terms of trading volumes, according to LocalBitcoins Chief Marketing Officer Jukka Blomberg, who said approximately $900,000 worth of bitcoin was traded on the platform through the month. LocalBitcoins also saw a 30% increase in user registrations between 2019 and 2020, with over 700 new accounts created, Blomberg said. Bitcoin purchases are rising despite a ban on cryptocurrencies in the North African country. In November…
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KHC — a new generation of high performance private financial public chain has officially launched
With the appearance of blockchain technology, services in the financial industry have made great progress. The blockchain brings extra vim to the cryptocurrency industry, and the emergence of DeFi on the blockchain has empowered more projects in the industry. From 2019 to 2020, the DeFi market has developed rapidly from nothing. Only one year later, the total lock-up volume of DeFi in 2020-2021 has approached $100 billion, rising more than 240 times. The popularity and drawbacks of DeFi DeFi is so popular which has become one of the hottest topics in the crypto…
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Former US Senator Joins Binance as Policy Adviser and Government Liaison
Cryptocurrency exchange Binance has hired former U.S. senator and ambassador to China Maxwell Baucus as a government relations adviser. The exchange announced Thursday in a press release it had hired the long-term government official to provide guidance and advice to the firm and work with U.S. regulators. The move could signal a shift in Binance’s approach to the U.S. market, which it currently doesn’t serve directly. Baucus was an ambassador to China under former President Barack Obama between 2014 and 2017. Prior to that, he served in the U.S. Senate and…
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Market Wrap: Bitcoin Trades Well Above $50K, While Ether Outperforms on NFTs, July’s Upgrade
Bitcoin (BTC) trading around $51,800.08 as of 21:00 UTC (4 p.m. ET). Climbing 3.48% over the previous 24 hours. Bitcoin’s 24-hour range: $49,390.18-$51.982.31 (CoinDesk 20) BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for market technicians. Bitcoin trading on TradingViewSource: TradingView Bitcoin’s price in recent weeks has retreated from February’s all-time highs, declining alongside U.S. stocks as investors grew increasingly concerned rising U.S. government bond yields might prompt the Federal Reserve to tighten monetary policy, curtailing the easy-money era that has boosted risky assets from…
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Duke University’s Early Coinbase Investment Could Now Be Worth $500M: Sources
The endowment fund of Duke University, the alma mater of Coinbase co-founder Fred Ehrsam, was one of the fortunate few to have made an early investment in the soon-to-list cryptocurrency exchange, CoinDesk has learned. Two people familiar with the matter said the $3.9 billion Duke Endowment was included early on in the cap table of Coinbase, which is expected to command a price tag of around $100 billion when its shares debut on Nasdaq. Those shares are now worth a small fortune, on the order of nine figures, the sources…
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Ripple Acquires 40% Stake in Asia Cross Border Payments Firm Tranglo
Cryptocurrency company Ripple has acquired a large stake in an Asia-based cross-border payments specialist in order to meet the growing customer demand. Ripple said Tuesday that it has agreed to acquire a 40% stake in Tranglo for the purpose of expanding its RippleNet On-Demand Liquidity service, according to a press release. Tranglo is a cross-border money and prepaid credit transaction hub providing businesses and individuals the ability to transfer payments globally, according to its website. Southeast Asia’s payments landscape is “highly fragmented,” Ripple said in the release. Each country possesses its…
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Gswap is about to start, supporting cross-chain transactions and multi-scenario applications
The Gswap decentralized application will be officially launched in early March 2022, and the Chinese language entrance will also be opened at the same time. In 2019, PIaytika announced its entry into the blockchain industry and began to conduct research work in the blockchain industry. In May 2020, PIaytika began to deploy the metaverse industry and digitally upgrade the existing industry. Gswap is a decentralized application based on the PK digital ecological wallet on the GS smart ecological chain developed by PIaytika & MET FX. It is planned to run…
