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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A New Blockchain Financial System – MIGO
As the core behind the Internet 3.0 era, blockchain technology has been increasingly accepted by mainstream institutions. The global economy has slowed down on its growth, but the digital economy is still ushering in exponential growth, with a number of digital currencies such as Bitcoin entering a new bull market. The new bull market is not just about the growth of assets and value. Digital assets have formed a new financial model through the immutable and decentralized nature of blockchain. Right now, how to truly combine blockchain technology with physical commerce has become an important question to ponder, so as to ensure the success and authenticity of the new financial model. A New Financial System The advent…
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Wan Wu Chao Sheng and Artist Chunren Jointly issue NFT Digital Art, Helping the Creator Economy
My artistic view is that my creation must spread “truth, goodness and beauty”. I want it to be full of “innocence” and “empathy” because those bring people heartfelt fulfillment. –Famous artist Chunren The Internet, which was born in 1969, has been changing the world around us, and has opened up a new era of creator economy. Everyone can become a creator and upload their own content through the Internet. In the past two decades, the Internet has maintained rapid development, and Web2 content platforms such as Facebook, Youtube, and Instagram…
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Social Tokens Crash After a Reported Hack at Roll Wallet
A number of social tokens, or cryptocurrencies supporting online communities, tanked early Sunday after a reported security breach at Roll. Tokens like WHALE, RARE and PICA tanked more than 50% during the early European hours, according to data provider CoinGecko. Meanwhile, the RLY token of competing social money platform Rally spiked to all-time highs. The founder of WHALE, a social coin underpinned by a basket of non-fungible tokens (NFTs), confirmed the hack on Twitter, stating that 2.17% of the coin’s supply has been compromised and the rest is secure in the cold storage. Whale price dumpSource: @NiftyReport Roll…
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Recapping the First Few Weeks of CME Ether Futures
On February 8, CME Group officially launched Ether futures. ETH futures went live just a little more than three years after CME Group began offering Bitcoin futures. In this interview, CME Group Global Head of Equity Index and Alternative Investment Products Tim McCourt discusses the origins of ETH futures, what convinced them that the time was right for the product to go live, how institutional investors’ attitudes towards Ethereum (and crypto as a whole) have changed, and how the response from the market has been. When did you start thinking…
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LibraSwap cross-chain transaction to lead the Swap 2.0 wave
LibraSwap is the first NFT, cross-chain exchange platform where you can mint (create) NFTS through a crypto chain and easily exchange tokens between crypto chains. LibraSwap’s mission is to provide consumers with cryptocurrency-based financial services that enable them to exchange or “exchange” various digital assets. LibraSwap is committed to providing consumers with cryptocurrency-based financial services that enable them to exchange or “exchange” various digital assets. To facilitate cross-chain Dex and cross-chain exchange between ETH and BNB for exchange settlement that exceeds the limits of a typical isolated blockchain network. …
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Dumbo = a combination of SocialFI+DEFI2.0
The traditional social and content platforms are not only controlled by the project team, but all profits are also taken away by the project team. Also affected by the policy, we hope to build a decentralized, completely unmanned operation and management, operation, control, users have 100% privacy and content ownership, account ownership of the blockchain social platform. Project Description Dumbo is a joint collaboration between the Jumbo Innovation Lab and the well-known community PEOPLE. Based on the DEFI2.0 economic model and invitation mechanism, it will build WEB3 SocialFI in the…
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Staking as an Asset Class? This Swiss Institutional Fund Is Jumping In
While institutional investors around the world are just getting their heads around bitcoin (BTC, +5.09%), asset managers in crypto-friendly Switzerland are heading into staking on next-generation blockchain networks. Announced Friday, Zurich-based investment firm Tavis Digital has partnered with Singapore-based Persistence, a bridge for traditional firms into undiscovered realms such as token staking and decentralized finance (DeFi). Tavis Digital is a spin-off of Tavis Capital, an asset manager regulated by the Swiss Financial Market Supervisory Authority (FINMA) with about $1.07 billion in assets under management. Nimble and financially sophisticated countries like Switzerland and…
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Ethereum’s ‘EIP 1559’ Fee Market Overhaul Greenlit for July
One of the most significant and contentious alterations to the Ethereum blockchain in recent memory is now scheduled for inclusion into its codebase. Ethereum Improvement Proposal (EIP) 1559 will be packaged with the London hard fork this coming July regardless of the mining industry’s discontent with the proposal, according to the All Core Developers call Friday. At least five other EIPs are likely to join EIP 1559 in London. EIP 1559 flips a typical blockchain transaction on its head in order to fix numerous issues with Ethereum’s user experience. Traditionally, a user sends a gas…
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Anchor Begins Countdown to Launch of Bank-Beating DeFi Savings Account
Anchor, the much-anticipated cryptocurrency savings account from the team at Terraform Labs, appears to be finally nearing a go-live date, based on a countdown clock on its website. Under the plan announced last summer, Anchor would allow users to hold Terraform’s UST stablecoin, pegged to the U.S. dollar, and earn returns that consistently outpace the annual percentage yield (APY) of savings accounts at U.S. banks. Anchor represents a significant new decentralized finance application independent of Ethereum (where most of the DeFi action takes place): a basic savings account that should be more…
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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…
