Ampleforth launches FORTH governance token as adoption grows
The FORTH governance token will give community members the ability to propose and vote on changes to the Ampleforth protocol. Go to Source Powered by WPeMatico
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DMCC strikes deal to build blockchain-based precious metals refinery in Dubai
The precious metals refined on the site will be tokenized and traded on the DMCC Gold Exchange platform. Go to Source Powered by WPeMatico
Facebook-backed Diem Association reportedly to launch stablecoin pilot in 2021
An anonymous source has told reporters that the first Diem pilot will focus on transactions between individual consumers. Go to Source Powered by WPeMatico
China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown
After the well-known crypto crackdown launched by the Chinese government four years ago, it seems there is now a change in the tone from the country’s central bank. At least that’s what has been suggested recently by the deputy governor of the People’s Bank of China (PBoC). Central Bank Clarifies Its Regulatory Framework on Cryptos … Read more
Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African Refugees
Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments to African refugees. Working in conjunction with the Refugee Integration Organisation (RIO) and Impact Market, the fintech start-up, which uses the Celo blockchain, will use its … Read more
Shift toward full decentralization pushes Maker (MKR) price above $4K
Maker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized. Go to Source Powered by WPeMatico
Binance launches tradable stock tokens in Tesla
As distinct from traditional shares, a stock token can be fractionalized into smaller, more affordable units, meaning that more users can potentially benefit from capital returns on equities. Go to Source Powered by WPeMatico
Bitcoin exchanges just saw massive Tether stablecoin deposits
Is a broader rally forming for Bitcoin as sidelined capital makes its way onto exchanges? Go to Source Powered by WPeMatico
Equilibrium raises $2.5M to secure support for Polkadot parachain bid
Major Polkadot ecosystem investors are backing the DeFi protocol. Go to Source Powered by WPeMatico
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital firms. Fei Protocol Market Price Drops … Read more
