Mask Network is launching a $100 million fund from Bonfire Union to support decentralized social networks and infrastructure and drive Web3 innovation, and contributing to Mastodon and Web3 education through its $10 million Builders initiative. Mask Network, a pioneer in decentralized social networking, has announced the launch of its second fund under its Bonfire Union venture, reaching the remarkable milestone of $100 million across both funds since its inception in 2022. Growth and innovation in decentralized social networks and infrastructure. Since its founding, Bonfire Union has welcomed more than 120 projects to the Mask Network ecosystem, highlighting some of the…
Author: Crypto Flexs
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“There are billions of users in many emerging countries such as Nigeria, Kenya, Philippines and Indonesia who have MasterCard and Visa cards but do not have access to Google Pay,” Shubin said in an interview. “Another issue concerns countries where Huawei smartphones have a large market share, because there are no Google services other than these phones due to sanctions from the US government.”
Ethena Labs recently launched the USDe stablecoin on the public Ethereum mainnet, introducing an alternative to existing stablecoins such as USDC and UST. The synthetic US dollar asset uses sophisticated hedging mechanisms while offering an attractive 27.6% APY staking reward. However, this promise of high returns has sparked controversy within the cryptocurrency industry. TLDR Ethena Labs launches USDe stablecoin on public mainnet, offering 27.6% APY staking rewards. High yields have sparked concerns about sustainability and potential yield inversion risks. USDe utilizes a delta hedging strategy and has a value of over $289 million. Ethena announced a “Shard Campaign” to encourage…
Humanity Protocol emerges stealthily from a partnership between the Human Institute, Polygon Labs, and Animoca Brands. This protocol provides a privacy-preserving alternative to more invasive biometric methods such as iris scanning. The Human Institute announced the launch of the Humanity Protocol, a zkEVM Layer-2 blockchain protocol that leverages Polygon CDK to provide new palm recognition technology for Web3 identity verification. According to details shared in the press release, the protocol emerged stealthily with support from Polygon Labs and Animoca Brands. Non-invasive biometrics Humanity Protocol founder Terence Kwok, Animoca Brands co-founder Yat Siu, and Polygon Labs co-founder Sandeep Nailwal form the…
Ethereum prices reached $3,000 early Tuesday for the first time in nearly two years amid speculation that a spot ether exchange-traded fund (ETF) could be approved in the U.S. as early as May.The second-largest cryptocurrency by market capitalization peaked at $3,003.40 shortly after 9 a.m. ET before falling. According to The Block’s pricing page, Ether is currently trading at $2,931. This represents an increase of 1% in the last 24 hours, 14% over the past week, and 30% since the beginning of the year.Bitcoin also hit a new yearly high of $52,908 today, up 8% over the past week amid…
AI-based cryptocurrency is receiving a lot of attention. If 2024 replicates 2023’s performance, the total market capitalization could approach $100 billion. The convergence of artificial intelligence (AI) and blockchain could be a powerful force to watch for this bull cycle. But please don’t take my word for it because I’m just another human with an opinion. But I’m not the only one intrigued by this combination. Ethereum (ETH) co-founder Vitalik Buterin appears to share a similar view. But before we go any further, please note that not everything in this article has been condensed into a price prediction. Instead, you’ll…
We are very excited to announce that. Starknet Token (STRK) Now available on Kraken! Funding and Transactions STRK funding and trading occurs in real time. Add STRK to your Kraken account by going to: fundingSelect an asset and tap deposit. Deposit STRK only on STRKnet. Deposits made using other networks will be lost. Do you have STRK and Kraken accounts? ⤵️ STRK is tradable on Kraken and Kraken Pro using the following parameters: LegacypairPrice decimal precisionMinimum order sizeMinimum deposit amountstrongUS Dollar, EurothreeOne0.5 memo: Once liquidity conditions are met, trading will become available through the Kraken app and Instant Buy. (when…
Business success is often difficult, and many companies struggle to achieve sustainable growth and profitability. But new approaches to business management are gaining traction and are proving to be game-changing for businesses of all sizes. Known as Singular, this approach focuses on harnessing the power of individuality and creativity to drive success. In this article, we’ll take a look at Singular’s core principles and how Singular can change the way you run your business. What is singular? Singular is a way of thinking that emphasizes the value of individuality and uniqueness in business. This challenges the traditional approach of trying…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. New cryptocurrency project eTukTuk has raised more than $1.2 million, signaling growing investor interest in sustainable transportation solutions. With these high pre-sale figures, the platform’s native TUK token appears well-positioned for growth when it is listed on exchanges later this year. Early pre-sale participants can enjoy benefits. Each subsequent stage of the pre-sale will increase the price by 3%, providing pre-listing profits for early backers (up to a total increase of 31% across the pre-sale). With the growing interest…
Cryptocurrency analysts provided insight into how cryptocurrencies are structured. Ethereum ecosystem can bring bitcoin And the broader cryptocurrency market fell. His analysis covers Ethereum’s liquid-staked token (LST), liquid-retaken token (LRT), and stablecoin Based on these tokens, we explain how this could lead to the next “bubble” bursting. Magic Money Could Lead to Bitcoin’s Downfall in post Crypto analyst Duo Nine explained on his X (formerly Twitter) platform how Ethereum’s ETH can be used to create magic money. You can stake ETH Liquid Stake Derivatives (LSD) platform. These users can then spend these LSTs on staking platforms where they can earn…