The high rewarded yield farming is the model with an incentive token being distributed to stakeholders. When Ethereum-based COMP released, due to a byproduct of illiquidity, it shot over 1,000 percent higher. The following DeFi projects like Bal and Synthetix’s fuel of yield intensive reward protocol, in a short term: Yield Farming. When farmers are getting money simply by using the product.
Dapper Labs, the company developing the new Flow blockchain, today announced that it has closed $12M in new funding from investors including NBA players Andre Iguodala (Miami Heat), Spencer Dinwiddie and Garrett Temple (Brooklyn Nets), JaVale McGee (Los Angeles Lakers), and Aaron Gordon (Orlando Magic). Other new investors in this round include Coinbase Ventures, Distributed Global, Valor Capital Group, A.Capital, BlockTower Capital, Blockchange Ventures, EONXI Ventures, Reed Company, Greenfield One, North Island Ventures, Republic Labs, L1 Digital AG and Pirata Capital. Existing investors participating include Samsung NEXT, Andreessen Horowitz including their Cultural Leadership Fund, Union Square Ventures, Venrock, Accomplice, Animoca Brands, and AppWorks, among others.
The cryptocurrency industry is always evolving, leading to increased awareness and popularity of Bitcoin and other crypto-assets. Among the leading areas of innovation in this emerging ecosystem is the evolution and sophistication of new cryptocurrency exchanges. A lot of existing exchanges create own and limited value proposition to its users, for instance, offering trade tutorials, global reach and mass adoption of cryptocurrencies.
OMC Group Sdn Bhd "("OMC Group") is offering a fun way to learn about blockchain through a game of collecting unique tradable digital tokens with the launch of Omni Pets today. Omni Pets are digital tokens created using the ERC-721 open standard based on the Ethereum protocol and are non-fungible, that is, these tokens are all unique unlike the ERC-20 standard used to create cryptocurrencies. With only 200 unique digital tokens offered per week in the form of eggs, these pets when hatched have to be cared and nurtured as their trading value also rises if they are "happy" and "contented".
Duality Health, a digital health company specializing in identity management, today announced the company's membership in the philanthropic Founders Circle of Dell Medical School at The University of Texas at Austin as well as a collaboration that brings together technology, academia, and industry stakeholders to focus on blockchain and healthcare innovation.
From July 29 to July 31 2020, VeChain proudly joined hands with Avery Dennison Intelligent Labels to attend the 14th International Internet of Things Exhibition (hereafter referred to as IOTE 2020) held in Shenzhen, China. As the largest and most comprehensive IoT expo in Asia, IOTE 2020 gathered more than 800 professionals from enterprises, and more than 130,000 professional visitors and purchasers in various industries including but not limited to food, retail and automobile.
Circle Internet Financial Ltd, a leading global financial technology firm, and Genesis, a leading digital asset prime brokerage firm, have formed a strategic partnership to accelerate the adoption and acceptance of digital dollar stablecoins in mainstream finance. The partnership includes a $25 million investment of capital into Circle from Digital Currency Group (DCG), the parent company of Genesis, as well as joint product efforts aimed at enhancing Circle's new suite of products for businesses and developers with new USD Coin (USDC) yield and lending services.
The Tel-Aviv Stock Exchange (TASE: TASE) announces the first-ever launch in Israel of a Central Blockchain Securities Lending Platform, an innovative and groundbreaking financial technology. There is currently no central securities lending platform in the Israeli market. Securities Lending is at present executed using inter-bank mechanisms within, and if necessary outside, banking group limits. As a result, the market has not been fully exploited to satisfy the potential needs of economic agents.
Elliptic, the global leader in cryptoasset risk management solutions, today announced a partnership with LocalBitcoins, the world's leading peer-to-peer (P2P) bitcoin exchange. LocalBitcoins now uses Elliptic's industry-leading suite of blockchain monitoring tools to prevent the illicit use of its platform and comply with regulations such as the EU's 5th Money Laundering Directive (5AMLD) and know-your-customer (KYC) regulations. By integrating with Elliptic Navigator to screen crypto transactions, and Elliptic Lens to screen wallets, LocalBitcoins have now automated their compliance and anti-fraud processes to drive cost savings and reduce risk.
ReitBZ, a leveraged token backed by real estate issued by BTG Pactual, will be the first product of its kind to distribute portfolio profits to investors, with payments made via smartcontract using blockchain technology, an unprecedented development in the global financial market. Smartcontracts have undergone security audits by Chain Security (for Ethereum blockchain) and by Least Authority (for Tezos blockchain).