Wednesday, August 31, 2022

pSTAKE’s BNB liquid staking solution (stkBNB) is now live

pSTAKE, a liquid staking protocol that unlocks liquidity for staked assets, announced its BNB liquid staking solution (stkBNB) is now live on mainnet. Users can leverage their stkBNB tokens to pursue DeFi opportunities across the BNB Chain ecosystem.

Launched today, stkBNB is now live on PancakeSwap to provide liquidity pools, yield-farming, and yield optimization. More integrations are expected with other BNB Chain protocols in the near future.

“After months of rigorous development and careful testing, which included a partnership with Binance Labs and a series of audits by leading blockchain security firms, pSTAKE is now moving forward with its mainnet launch for BNB liquid staking.”
– The pSTAKE Team

pStake app (bnb.pstake.finance)

Simply by staking their BNB on pSTAKE, users will earn around 5% auto-compounded staking rewards. stkBNB is a BEP20 token compatible with Metamask, Binance Web Wallet, Trust Wallet, and Math Wallet.

The post pSTAKE’s BNB liquid staking solution (stkBNB) is now live appeared first on CryptoNinjas.



* This article was originally published here

Tuesday, August 30, 2022

DeFi liquidity mining platform Grizzly.fi collects $26M in ‘Community Fair Launch’

Grizzly.fi, a crypto yield farming platform, announced today it has collected $26 million in its so-called ‘Community Fair Launch.’ The raise is the best performing in history on BNB Chain without a launchpad.

The project collected four times more than the previous record holder on the Binance BNB Chain, making them the 10th biggest BNB holder. Now, after 18 months of developing, the Grizzly.fi platform is going live.

With the conclusion of five audits including with Hacken, Grizzly.fi has put great importance on security. The team also formed a partnership with the Swiss Crypto Valley Association back in September 2021.

“In this process, our focus lies on utility, user experience, and security. People will be able to use our platform to earn stable yields with the greatest user experience possible”
Andres Soltermann, Co-Founder of Grizzly.fi

The aggregator platform first launches on BNB Chain and will soon expand to other chains.

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* This article was originally published here

Monday, August 29, 2022

New Overledger release now supports QRC-721 NFTs on Tokenise developer API

Quant Network, the provider of enterprise-grade blockchain solutions, announced today that its blockchain gateway Overledger now provides users the ability to create native QRC-721 non-fungible tokens (NFTs) and deploy them onto the Ethereum, Polygon, and XDC mainnets.

Developers can work with QRC-721 through Overledger Tokenise, one of Quant’s premium APIs, which enables even those with little to no development experience to create, deploy, and manage the next generation of secure, interoperable tokens and digital assets on supported networks.

Via the easy-to-use UI, Quant Connect, users can interact with Tokenise to launch and view their tokens. Once deployed, mDApps can call various functions to read data and initiate transactions to interact with the tokens via the QRC smart contract.

This newest  QRC token type (QRC-721) has been introduced along with the existing QRC-20 fungible tokens, which can be used for payments as well as function as stablecoins. 

QRC-721 tokens function like their Ethereum standard counterpart (ERC-721), with the same definitions and structure as smart tokens. While ERC-721 tokens are only for managing on the Ethereum network, QRC-721 tokens are secure and agnostic to work across multiple distributed ledger technologies.

The QRC-721 token type is designed for those who want to digitalize collectibles, artwork, and more.

“Overledger now provides users the ability to create QRC-721 non-fungible tokens and deploy them onto the Ethereum, Polygon and XDC mainnets.”
Peter Marirosans, Chief Technology Officer of Quant Network

For more information on the new Overledger update, see the V2.2.12 release notes.

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* This article was originally published here

Sunday, August 28, 2022

CME Group set to list euro-denominated Bitcoin (BTC) and Ether (ETH) futures

CME Group, a leading derivatives marketplace, today announced its plans to expand further its cryptocurrency derivatives offering with the introduction of Bitcoin and Ether futures denominated in EUR on Monday, August 29th, pending regulatory review.

Designed to match their U.S. dollar-denominated counterparts, Bitcoin Euro and Ether Euro futures contracts will be sized at five bitcoin and 50 ether per contract.

The new contracts are cash-settled, based on the CME CF Bitcoin-Euro Reference Rate and CME CF Ether-Euro Reference Rate, which serve as once-a-day measures of the EUR-denominated price of BTC and ETH.

“Euro-denominated cryptocurrencies are the second highest traded fiat behind the U.S. dollar. Year-to-date, the EMEA region represents 28% of total Bitcoin and Ether futures contracts traded, up more than 5% versus 2021.”
– Tim McCourt, Global Head of Equity and FX Products, CME Group

In Q2, CME Group’s cryptocurrency segment saw a record average daily open interest of 106.2K contracts. It was the second highest quarter ever in average daily volume (57.4K contracts) across crypto products. Likewise, Ether futures reached a record average daily volume (6.6K contracts) in Q2, up 27% versus Q1.

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* This article was originally published here

Saturday, August 27, 2022

Polkadot-based gateway Astar Network now supported on blockchain development platform Alchemy

Alchemy, a blockchain development platform, announced it now supports Polkadot parachain Astar Network, delivering developers more tools and services to build on the multi-chain smart contract hub.

“Supporting the developer ecosystem is Astar’s driving motivation. By partnering with Alchemy and making their blockchain engine available to Astar developers, we will bring even more innovation and growth to the builder community.”
– Sota Watanabe, Founder & CEO, Astar Network

EVM Compatibility + WASM Functionality

Astar is built on Parity Substrate, a framework that facilitates easy custom blockchain development. Substrate offers Astar built-in security benefits while it enables the Polkadot ecosystem to connect to all major layer-1 blockchains, including Ethereum, Acala, and soon Cosmos.

By bridging the Polkadot and EVM webs, Astar fosters shared security, interoperability, and cross-consensus messaging (XCM), expanding the benefits past cross-chain asset transfers.

It is through these advantages, Astar aims to become a hub of inventive and interoperable dApp projects, written in various languages.

Beyond EVM compatibility, Astar is looking to the future with WASM. Often dubbed Ethereum 2.0, WASM, (short for WebAssembly), is a binary instruction format for a stack-based virtual machine, that supports the benefits of EVM while providing enhanced speed and interoperability.

Astar’s support for both EVM and WASM also means developers can build on either Solidity or Rust.

dApp Staking Initiative

Noteworthy, Astar’s dApp staking initiative allows developers to get paid for the code that they write. Astar token holders can stake their tokens to nominate dApps, as long as a developer’s dApp has been nominated, the developer can earn a basic income, boosting the incentive to keep building.

Developers on Astar now have access to Alchemy products, which include:

  • Alchemy Supernode: a blockchain engine that ensures infinite scalability, the strongest web3 reliability, and 100% data accuracy. Alchemy Supernode means developers never have to spend time managing their blockchain connection.
  • Alchemy SDK: the easiest way to connect a dApp to the blockchain, with just two lines of code.
  • Alchemy Notify: provides webhook access to alert users about every type of event, including address activity, mined transactions, and dropped transactions.
  • Developer Tools: including WebSockets, usage analytics, composer, explorer, and mempool visualizer, which makes it simple to subscribe to events, monitor app health, explore new methods, optimize performance, and view the real-time state of transactions.

The post Polkadot-based gateway Astar Network now supported on blockchain development platform Alchemy appeared first on CryptoNinjas.



* This article was originally published here

Friday, August 26, 2022

Crypto intel platform Metrika adds support for Hedera network activity & performance

Metrika, an operational intelligence platform for blockchain and distributed ledger networks, today announced a collaboration with Hedera to provide enhanced visibility and transparency for the different applications across the company’s network ecosystem.

The Hedera network ecosystem will now have access to Metrika’s blockchain and distributed ledger technology (DLT) monitoring and analytics platform, offering the community unparalleled on-ledger metrics and visibility into the performance of the network at any given time.

Hedera is a proof-of-stake, public DLT network for building and deploying decentralized applications. Application developers building on Hedera will now be able to access Metrika’s advanced metrics on transaction volume, time to consensus finality, account growth, and leaderboards for Hedera network service usage, such as managing fungible & non-fungible tokens and interactions with smart contracts.

Metrika’s dashboards provide developers end-to-end visibility into the operational health of the ledger, allowing them to ensure their apps are running at a high level of performance and resiliency – while simultaneously guaranteeing a level of transparency that encourages overall adoption of Hedera.

“Ensuring operational trust is central to Hedera’s mission of creating a public network for everyone. Metrika’s network dashboards are integral capabilities and a continuation of our commitment to make Hedera the home for fast, fair, and secure applications you can trust. As we work toward that mission, Metrika’s platform will provide the needed visibility into Hedera’s network, allowing developers and node operators to meet their full potential within our ecosystem.”
– Alex Popowycz, Chief Information Officer at Hedera

Metrika was founded in Cambridge, Massachusetts, out of a deep commitment to making blockchain networks dependable as they scale for web3. Metrika currently works with leading blockchain ecosystems and industry groups such as Algorand, Algorand Foundation, Dapper Labs, Flow Foundation, Axelar, IDB Lab, LACChain, Blockdaemon, Hyperledger Besu, ConsenSys, ConsenSys Quorum, Blockchain Association, Global Blockchain Business Council and more.

“We are thrilled to support Hedera in their commitment to transparency, specifically its efforts to make the activity, status, and overall health of the network available to developers and community members as accessible as possible. These actionable insights into the health of the Hedera network will be critical to scale and drive mainstream adoption.”
– Nikos Andrikogiannopoulos, CEO of Metrika

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* This article was originally published here

Wednesday, August 24, 2022

MyEtherWallet launches multi-chain wallet extension for Polkadot (DOT): Enkrypt

MEW (MyEtherWallet), a platform to access the Ethereum ecosystem, has announced the launch of a new cross-chain browser extension, Enkrypt, which will support transactions across Ethereum and Polkadot.

For the first time, MEW users will gain access to Polkadot, the sharded protocol enabling blockchains to operate seamlessly together at scale. Enkrypt supports MEW’s goal to provide secure, private, and seamless access to dApps, NFTs, staking services, and more.

The web extension was built with the support of the Web3 Foundation, a Swiss organization that has issued more than 400 grants to projects building on the Polkadot and Kusama networks.

“Interoperability between blockchains has been top-of-mind for MEW users and is a pivotal step towards broader crypto adoption. Our Enkrypt extension aims to improve the overall user experience of interacting in the multi-chain ecosystem to empower users to access the best parts of Ethereum and Polkadot.”
Kosala Hemachandra, CEO & Founder of MEW

Developers believe the pending merge for Ethereum will help facilitate the growth of web3 by making it easier than ever to participate in the operations of the blockchain.

MEW’s Enkrypt extension recognizes the potential of the merge to create more enthusiasm to interact with Ethereum across other blockchains, including Polkadot (DOT).

At launch, MEW’s Enkrypt web extension will allow users to:

  • Transact assets across Ethereum (ETH) and Polkadot (DOT) ecosystems
  • Available on Google Chrome, Firefox, and Safari browsers
  • Natively integrate with MEW’s wallet platforms on both browser and mobile.

“This integration will provide the Polkadot community with a robust wallet solution that’s easy to use, while also giving MEW’s existing user base access to Polkadot’s vibrant cross-chain ecosystem of general purpose computational platforms and application-specific blockchains.”
David Hawig, Technical Advisor of the Web3 Foundation

At launch, Enkrypt by MEW will provide cross-chain access with the Polkadot ecosystem through integrations with parachains Acala and Moonbeam, along with all of their accompanying canary networks. More parachains and EVM-compatible chains will be added in the coming weeks.

The post MyEtherWallet launches multi-chain wallet extension for Polkadot (DOT): Enkrypt appeared first on CryptoNinjas.



* This article was originally published here

Tuesday, August 23, 2022

TRON (TRX) network now supported on Crypto APIs blockchain dev suite

Crypto APIs, a blockchain development platform, today announced support for TRON in the Crypto APIs blockchain infrastructure product suite. Users can now interact with the TRON mainnet and Nile networks and make requests using Crypto APIs unified endpoints with an average response time of 25ms.

Now Supported: TRON

Launching its mainnet in May 2018, TRON is a decentralized blockchain platform, that features high performance, safety, and low costs. The TRON network has thousands of ready developers to create, deploy, and run dApps on its blockchain.

The TRON ecosystem supports a wide variety of decentralized applications including DeFi apps, exchanges, collectibles, and games.

“To address the growing demand for operating and building on TRON, we have incorporated it in several of our products. Crypto APIs customers can now interact with TRON and make requests to 20 REST API endpoints using our simplified and streamlined platform. We also provide support for all TRC-20 and TRC-721 tokens.”
– The Crypto APIs Team

Features of TRON Integration on Crypto APIs

TRON for Wallet as a Service 

  • Generate deposit address – through this endpoint customers can generate new TRON addresses for their wallets
  • List deposit addresses – this endpoint will pull a list of deposit/receiving addresses already generated for the blockchain
  • List supported tokens – using this API customers can obtain information on multiple tokens at once.
  • Get wallet asset details – this endpoint provides details on all assets (coins, fungible tokens, non-fungible tokens) for the entire wallet.
  • List wallet transactions – running this endpoint will list transactions from and to their wallet and will include additional data like transaction id, the direction of the transaction – incoming or outgoing, amount, and more.
  • Get wallet transaction details by transaction id – through this API users can obtain wallet transaction information by providing a transaction id. Customers can receive information only for a transaction that has been made from their own wallets.

Crypto APIs has also added two new API endpoints specifically for the TRON blockchain:

  • Create a single transaction request from an address without fee priority –  using this endpoint customers can create a new single transaction request from one address to another without setting a fee priority that defines how fast a transaction can be mined.
  • Create fungible token transaction requests from addresses without fee priority – Via this endpoint, customers can make a single token transaction on TRON without setting fee priority.

Blockchain Events (Webhooks) for TRONAnchor

  • New confirmed coins transactions – using this API endpoint customers can create callback subscriptions for new incoming or outgoing confirmed transactions for coins from/to the specific address. A confirmed transaction means it is verified by miners and added to the next block.
  • New confirmed coins transactions and each confirmation – This endpoint creates a subscription for new incoming or outgoing confirmed transactions for coins from/to the address and also a response for each confirmation the transaction has received until the specified confirmations limit is reached.
  • Mined transaction – by setting a callback subscription to through this API customers will be notified when a specific TRON transaction is mined. The information is returned per specified transaction id. Transactions are mined when included in a new block in the blockchain.
  • New block – by creating this subscription a customer will be notified when a new block is mined for the TRON blockchain.
  • Block height reached – using this API customers can create callback subscriptions for a specific block height and get notified when it is reached.
  • New confirmed tokens transactions – with this endpoint a customer will be notified when there are new incoming or outgoing confirmed transactions for tokens from/to the specific address.
  • New confirmed tokens transactions and each confirmation – using this API can be created a subscription for new incoming or outgoing confirmed transactions for tokens from/to the specific address and also a response for each confirmation until the specified limit is reached.
  • New confirmed internal transactions – through this endpoint customers can create callback subscriptions and get notified when there are new confirmed internal transactions.
  • New confirmed internal transactions and each confirmation – with this API customers can create subscriptions for new confirmed internal transactions. Includes also a response at each confirmation.

Blockchain Tools APIs for TRON

  • Validate address – This endpoint checks if the user’s public addresses are valid or not.
  • Derive HD wallet (xPub, yPub, zPub) change or receiving addresses – through this endpoint, customers can derive up to 10 addresses – both change and receive, from a certain HD Wallet (xPub, yPub, zPub), by providing an extended public key.

For more information on each API endpoint, please refer to TRON details and the official technical documentation.

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* This article was originally published here

Monday, August 22, 2022

Mobile data network Nodle (NODL) reaches half a million token holders

Nodle, a decentralized network on Polkadot that provides secure, low-cost connectivity and data liquidity to connect billions of devices worldwide, announced today it has reached half a million token holders (per Subscan, as of August 1, 2022), bringing the project closer to the mission of empowering people to build the first smartphone-powered decentralized network.

Having a mobile-first approach reduces the barrier to entry for users and allows anyone to quickly join the network as an antenna or “node” with no additional equipment or prior knowledge. Bringing web3 to the physical world, Nodle leverages smartphones to read sensors and devices that exist materially.

The location of the device is only used to compute rewards based on contribution to network coverage and to locate Bluetooth devices at the request of their owners. The “nodes” (smartphones) are rewarded for providing network availability and connectivity. Building an ecosystem anyone can join with a resource they already own (their smartphones) is the key to Nodle’s commitment to inclusion and accessibility.

“The Nodle Network is experiencing a first-mover advantage in terms of blockchain and mobile devices, as many web3 companies have yet to develop and launch a native app. In time, this will be like a company going to market without a website — practically unthinkable today.”
– The Nodle Team

Nodle Chain 

Nodle is powered by mobile phones that earn NODL for providing network availability and connectivity. Users connect and secure physical assets, track lost or valuable items, capture sensor data, authenticate security certificates, and more. This data provides insights for consumer electronics manufacturers, enterprises, smart cities, the finance industry, and more.

For more information on the Nodle economy, see Nodle’s tokenomics documentation.

The post Mobile data network Nodle (NODL) reaches half a million token holders appeared first on CryptoNinjas.



* This article was originally published here

Sunday, August 21, 2022

Blockchain.com successfully secures registration in the Cayman Islands

Blockchain.com, the provider of crypto solutions for traders, funds, allocators, VCs, and crypto operators, announced today that it has secured registration in the Cayman Islands.

The company can now provide regulated custodial services, operate an exchange, and offer OTC crypto brokerage services for institutional clients under the Cayman Islands Monetary Authority (CIMA).

This registration is part of Blockchain.com’s commitment to global compliance and regulation in every jurisdiction where it operates. Further, it also helps Blockchain.com better support its institutional clients, which the company reports accounts for around half of its revenue.

“While some crypto companies have set up in the Bahamas or the British Virgin Islands, Blockchain.com has chosen Cayman for its belief in fostering innovation in crypto and finance and because so many financial institutions trust the rigor of the Cayman regulatory regime. As the cryptocurrency space matures, institutions need regulatory clarity more than ever. In reviewing how different locales handled crypto, CIMA stood out for its forward-thinking guidance around digital asset regulation, including its efforts to build a regulatory framework for virtual asset service providers.”
– The Blockchain.com Team

Next, Blockchain.com is looking to secure more registrations in the U.S., Germany, Italy, France, and Spain.

For more information see Blockchain.com’s registration on the CIMA registry for crypto companies.

The post Blockchain.com successfully secures registration in the Cayman Islands appeared first on CryptoNinjas.



* This article was originally published here

Saturday, August 20, 2022

Crypto custody platform Fireblocks integrates security token issuance solution from Tokeny

Fireblocks, a provider of blockchain asset and crypto custody technology, today announced it has integrated Tokeny into its platform.

The integration will enable clients of Fireblocks the ability to mint and manage permissioned tokens such as digital securities, stablecoins, and loyalty programs across apps, payment networks, and more.

Now, with Tokeny’s product suite underscored by Fireblocks’ token transfer, settlement, and custody technology, customers will be able to quickly deploy and issue compliant ERC-3643 security tokens on Ethereum and the high-speed, cost-efficient Polygon blockchain.

“With this collaboration, we intend to answer the ‘buy or build” question for most financial institutions that are upgrading their assets and bringing them on-chain. By applying trust, compliance, and control on a hyper-efficient infrastructure, we will be able to unlock significant advancements in the management and liquidity of new financial instruments.”
– Luc Falempin, CEO at Tokeny

Together with Tokeny, Fireblocks will provide a secure and compliant turnkey solution for companies and financial institutions to issue, manage, custody, and transfer tokenized securities.

“As financial institutions begin to explore the world of tokenized products, we are excited to integrate Tokeny’s offerings onto our platform.”
– Michael Shaulov, CEO & Co-Founder at Fireblocks

The post Crypto custody platform Fireblocks integrates security token issuance solution from Tokeny appeared first on CryptoNinjas.



* This article was originally published here

Friday, August 19, 2022

Crypto exchange WhiteBIT is now available through XTRD’s FIX API

XTRD, an institutional-grade OEMS for crypto-asset trading, announced today that crypto exchange WhiteBIT is now available through its FIX API.

XTRD OEMS for cryptocurrency trading now allows for receiving normalized market data and active trading on WhiteBIT’s exchange using a unified FIX 4.4 end-point.

Launched in December 2018, WhiteBIT is a European centralized exchange that offers crypto-to-crypto and crypto-to-fiat transactions with 0.1% trading fees.

Holding exchange and custody licenses, WhiteBIT meets KYC and AML requirements. It supports users from the EU, South America, and Asia registered on the platform.

Moreover, WhiteBIT offers instant transactions with P2P codes, staking, private and public API, along with a number of trading tools: limit, market, stop limit and stop market orders.

The post Crypto exchange WhiteBIT is now available through XTRD’s FIX API appeared first on CryptoNinjas.



* This article was originally published here

Thursday, August 18, 2022

Crypto lending aggregator FujiDAO integrates Connext Bridge to expand cross-chain functions

FujiDAO, a loan aggregator platform that identifies the best rates on multiple blockchain protocols, announced today it has expanded its capabilities across chains thanks to its integration with Connext.

With Connext, developers have access to trust-minimized cross-chain communication to make blockchains composable. The Connext Bridge application is built on top of Connext’s nxtp protocol. Connext Bridge supports asset transfer between L2s and Ethereum Virtual Machine compatible chains.

The FujiDAO team designed a system that enables users to bypass the high fees on mainnet by offering a 1-click beam of their debt position (collateral + debt) to a new desired chain where they will enjoy cheaper borrowing rates. Connext is used to bridge the assets and data via xcalls:

“Connext is an excellent fit for the implementation of our cross-chain lending aggregation engine because of the minimized trust assumptions in their security model. We also love how all the complexity is abstracted in simple xcalls so we can focus on our business logic. We first met part of the team at ETHAmsterdam and have had a fruitful collaboration since then. It’s exciting to work with top-notch technologies, but it’s equally important to have a great experience with the people behind those technologies.”
– Boyan from FujiDAO

Connext + FujiDAO Benefits

  • Can interact from any chain, borrow on any chain, and use collateral on any chain.
  • Will be able to add collateral on chain A and borrow another asset on chain B with the best rate across multiple lending platforms thanks to FujiDAO’s routing system that selects the best platform to use.
  • Users can already supply ETH as collateral and borrow DAI, USDC, or USDT and use the platform on Ethereum and Fantom, and soon be able to move across chains seamlessly.

FujiDAO’s objective is to make borrowing more accessible to users and become a piece of infrastructure that can make the market more liquid and fluid. The protocol achieves this by constantly monitoring borrow markets and, whenever there is a better rate, it automatically refinances the whole pool of debt.

As explained in their documentation, “the advantages of Fuji compared to interacting directly with a base protocol include…”

  • Cost optimization – minimize the interest paid by borrowers
  • Economics of scale – pooling funds together reduce the transactional costs by sharing fixed costs
  • Time-saving – removal of constant attention users need to pay to find optimal rates
  • Seamless – a smooth UX experience for users

A cross-chain lending aggregator means better rates, cost savings, and more market efficiency.

The post Crypto lending aggregator FujiDAO integrates Connext Bridge to expand cross-chain functions appeared first on CryptoNinjas.



* This article was originally published here

Tuesday, August 16, 2022

Korean crypto exchange KODA to use Uppsala to boost AML and threat detection

Uppsala, a blockchain security service provider for crypto AML/CTF, transaction risk management, regulatory compliance, and transaction tracking, has announced today that it has signed a contract to supply digital asset AML solutions to KODA (Korea Digital Asset), a South Korean crypto exchange.

Through the contract with Uppsala Security, KODA will receive full access to Uppsala Security’s Threat Intelligence Database (TRDB), Crypto Analysis Transaction Visualization (CATV), and Crypto Analysis Risk Assessment (CARA) tools.

KODA is a digital asset custody service company established by Kookmin Bank (KB), South Korea’s largest bank, based on technology provided by blockchain developer Haechi Labs and in association with Hashed. The company provides a one-stop digital asset custody service specialized in corporations and institutions and has signed Wemade as its first customer.

By becoming an active user of Uppsala Security’s Threat Intelligence data hub (TRDB), KODA can strengthen its Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) fund monitoring functions by checking and reviewing in advance whether the wallet addresses of the deposited funds are blacklisted wallets related to the Dark Web or hacking/financial crimes.

In addition, Uppsala Security’s CARA tool, which uses Artificial Intelligence (AI) and Machine Learning (ML) mechanisms to detect various on-chain transaction patterns based on blacklisted wallet addresses behavior, helps with associating a risk level to wallet addresses that are not labeled yet in Uppsala Security’s Threat Intelligence data hub (TRDB), so that the risk of interacting with suspicious wallets can be mitigated and categorized in advance by grading them.

Uppsala Security also explained that if virtual asset transactions involved in crimes such as fraud are discovered at a later time, wallet transaction flows can be tracked and monitored in real-time through the Virtual Asset Tracking Security Solution (CATV) to further strengthen Regulatory Compliance and prevent virtual asset Money Laundering.

According to Uppsala Security, the company is currently working full steam ahead on developing a completely new leading-edge digital asset Fraud Detection System (FDS) solution that can block high-risk transactions in advance by pre-checking the risk of a large number of wallet addresses with just one click.

“KODA’s AML and internal control security system are already operating at the level of the existing financial sector and industry’s requirements, but we expect to be able to handle digital assets above the Government’s regulatory standards by additionally introducing Uppsala Security’s Anti-Money Laundering and Transaction Tracking solutions. We are also reviewing the introduction of a digital asset-specialized FDS solution that Uppsala Security will soon launch.”
– Ko Young-joo, Chief Information Security Officer (CISO) at KODA

The post Korean crypto exchange KODA to use Uppsala to boost AML and threat detection appeared first on CryptoNinjas.



* This article was originally published here

Sunday, August 14, 2022

LATAM crypto exchange Bitso and FMF launch NFT of Mexico’s National Team jerseys

Bitso, a leading cryptocurrency platform operating in Latin America, and the Mexican Football Federation (FMF), today announced the joint launch of the first collectible NFT of the Mexico National Team’s jerseys that was acquired in cryptocurrencies.

This morning through their social media platforms, the FMF and Bitso announced the opportunity to acquire the new official National Team fan jerseys ahead of the team’s participation in the 2022 World Cup. In just 20 minutes, the entire collection sold out.

The NFTs of the jerseys have an exclusive design for the metaverse – each is unique on the blockchain and can be resold by its owner in subsequent transactions.

The collection consisted of 100 official physical jerseys, each with a corresponding NFT version of the jersey that fans’ avatars can wear within the Decentraland metaverse. Each physical and NFT jersey set sold for the equivalent of $1,800 MXN in ethers.

“Our mission is to make cryptocurrency useful in the everyday life of Mexicans; we are committed to spreading the technology through innovative opportunities that help people throughout the country familiarize themselves with this new world. We are very excited to offer the incredible, historic opportunity for the fans of our National Team so that through their Bitso account, they can wear the colors of the National Team on and ‘off’ the field in the metaverse.”
– Bárbara González Briseño, General Director of Bitso México

Jersey NFTs

Created by Bitso, the virtual jersey sports the official colors of Mexico and the new National Team shield, characteristics that will make it stand out when users wear it in the virtual world of Decentraland.

The post LATAM crypto exchange Bitso and FMF launch NFT of Mexico’s National Team jerseys appeared first on CryptoNinjas.



* This article was originally published here

Wednesday, August 10, 2022

Long-running crypto exchange EXMO unveils “lively” rebrand amidst growth

EXMO, a crypto exchange platform operating since 2014, announced this week a rebranded visual identity with includes a new logo, brand colors, and design features. This new branding comes as EXMO continues to grow its crypto platform while also seeking to expand its presence in other jurisdictions.

Some new developments underway at EXMO:

  • Soon, users will be able to earn passive income from EXMO’s new staking platform.
  • Plans to launch an EXMO crypto debit card.
  • Expansion of its services in international markets with the opening of offices in Poland and Lithuania.
EXMO’s new logo

The rationale for the re-brand:

“At EXMO, we have a vision of a world where crypto is in every wallet. Hassle-free. We want to achieve this by making crypto as simple and accessible to everyone as possible. And we know that you already appreciate EXMO for offering user-friendly services and helpful support. Also for the opportunity to trade anywhere and anytime, closing deals in just a few taps. Such important changes required a rethinking of our corporate style, which has long needed a massive upgrade. So today we are introducing a new brand identity for EXMO with a completely new visual concept. We are launching a new logo, brand colors, and design elements. Our key design principles are simplicity, boldness, and a pinch of fun. But most importantly, we have changed our logo. Simple and easily recognizable, it represents the humanity of our brand. The logo stands out due to the wavy letter ‘m’ which symbolizes exchange rate charts and also resembles a spring that will launch you into the crypto world.”
– The EXMO Team regarding the re-branding

The post Long-running crypto exchange EXMO unveils “lively” rebrand amidst growth appeared first on CryptoNinjas.



* This article was originally published here

Tuesday, August 9, 2022

Spanish crypto exchange Bit2Me acquires Peruvian exchange Fluyez

Bit2Me, the first crypto exchange recognized by the Bank of Spain as a virtual currency service provider, announced it has acquired Fluyez, the first Peruvian cryptocurrency exchange company.

Fluyez, which has the endorsement of the Peruvian Fintech Association; has only been present in the domestic market for a little over a year, and has already expanded to other countries in Latin America.

This acquisition of Fluyez by the Spanish exchange is part of its acquisition growth strategy that Bit2Me will develop in the coming months.

“Thanks to all the experience that the Bit2Me team has in the crypto sector, we are going to boost this industry locally in a more secure, legal, transparent, and supported way. I believe all this will take Fluyez to the next level.”
– Luis Eduardo Berrospi, CEO & Co-Founder of Fluyez

Leif Ferreira, CEO of Bit2Me & Luis Eduardo Berrospi, CEO of Fluyez

Fluyez will continue to operate independently under the leadership of its managers, as Bit2Me will focus on advising and driving the expansion of the Peruvian company by making available all the resources and knowledge that Bit2Me has acquired since its founding in 2015.

The Peruvian crypto platform began operations in March 2021 and lists more than 60 cryptocurrencies. Fluyez offers its users cryptocurrency custody and exchange services as well as other DeFi services such as loans, rewards, and cryptocurrency payments.

“We want Fluyez to continue to operate autonomously, but with all the capabilities that such a partnership allows. This acquisition shows Bit2Me’s strength and commitment to the crypto ecosystem. We look forward to closing new opportunities with other companies in the industry in the coming months.”
– Leif Ferreira, CEO of Bit2Me

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* This article was originally published here

Monday, August 8, 2022

Coinfirm adds support for Blackfridge’s Poundtoken (GBPT) to its AML platform

Blackfridge, a blockchain financial company & issuer of Poundtoken (GBPT), announced it has integrated the stablecoin on crypto RegTech provider Coinfirm’s AML platform.

Integrating Poundtoken to the blockchain-agnostic AML platform aims to ensure that financial institutions and VASPs are able to be in full compliance with the FATF’s guidelines, 6AMLD, and other supranational and national regulations whilst transacting with GBPT, furthering the stablecoin’s uptake long-term.

The first regulated GBP-pegged stablecoin launched in the British Isles, KPMG is a  designated auditor whose monthly proof-of-reserve attestations will confirm that all stablecoins issued are 100% backed. Through its regulation, proof-of-reserve reporting, and distributed ledger technology, Poundtoken will protect GBPT holders from price volatility while cementing trust in its value

“The use of blockchain analytics plays a major part in protecting consumers and reducing financial crime. The tools and services provided by Coinfirm enable us, exchanges, custodians, and other third parties to track the history of GBPT on the blockchain. The partnership with Coinfirm represents our continued dedication to achieving the highest standards in Anti-Money Laundering and Countering the Financing of Terrorism controls.”- 
– Bryn Griffith, Chief Compliance Officer of Poundtoken

Coinfirm’s blockchain analytics and AML solutions are trusted to analyze and manage risk.

The firm has continued to evolve with the crypto markets, being the first AML provider to integrate NFTs to the AML platform as well as the first to offer AML/CFT analysis of token holder populations and decentralized finance liquidity pools.

“Coinfirm is excited to announce the GBPT integration to the AML platform. This ensures that compliant parties to Poundtoken transactions are able to quickly ascertain if and when they are dealing with bad actors, to prevent them from receiving regulatory fines, loss of reputation or regulator-stipulated operations constrictions by providing counterparties with actionable intelligence.”
– Dr. Mircea Mihaescu, Chief Executive Officer of Coinfirm

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* This article was originally published here

Sunday, August 7, 2022

Kaleido to leverage Polygon Edge to accelerate enterprise blockchain projects

Kaleido, an enterprise-grade web3 infrastructure platform, today announced it will leverage Polygon Edge, a dedicated framework allowing organizations to deploy customizable, application-specific, and highly performant blockchain networks.

A carbon-neutral Ethereum-based scaling platform, Polygon reduces the high transaction fees and latency associated with the Ethereum mainnet. As the Polygon community has grown, the Polygon team has added a suite of scaling solutions, including Polygon Edge.

Polygon Edge + Kaleido

Polygon Edge is a framework for creating a dedicated blockchain infrastructure where multiple dApps can be deployed. Edge is designed to connect to the Polygon mainnet and work together seamlessly with its other scaling technologies while also offering bridges to other networks.

Kaleido will eventually harness Polygon Supernets, powered by Polygon Edge. Polygon Supernets are the fast-track for blockchain adoption in new private and public networks for dApps and enterprises alike. Polygon Supernets uses powerful Polygon Edge as the configurable infrastructure solution in a highly secure and decentralized environment.

Blockchain Business Cloud

Via Kaleido’s Blockchain Business Cloud, enterprises can run web3 platforms such as institutional-grade digital asset platforms, gas-free NFT platforms, side chain-as-a-service platforms, and consortium-as-a-service platforms. In addition, a roadmap of blockchain innovations, including interoperability bridges and zero knowledge technologies, will be added to the Polygon Edge framework and made available on Kaleido’s fully managed blockchain business cloud.

Enterprises have long been investing in blockchain-based applications across a myriad of high-value use cases in all major industries such as financial services, supply chain, retail, and healthcare. However, companies have long preferred to create private blockchains for reasons including privacy, scalability, and cost. Increasingly, they are also drawn to the openness and ecosystem that public chains offer.

“Enterprises are eager to tap into vibrant, open ecosystems and Polygon, at the heart of Ethereum, is a natural community for them to target. However, companies have long been held back by various privacy concerns and the gas transaction fees required in public chains. Kaleido is proud to partner on new, innovative technologies like Polygon Edge that give enterprises the right mix of scalability, security, cost, and openness.”
– Sophia Lopez, Co-Founder & President at Kaleido

One of the first projects to harness Polygon Edge via Kaleido’s Blockchain Business Cloud is Core+, currently in stealth mode, which looks to democratize trade finance accessibility.

The start-up, which is planning to launch in the months ahead, will use the blockchain to provide small and medium enterprises (SMEs) with access to transactional financing and related tools. These financing solutions were previously inaccessible to SMEs, particularly women-owned businesses and new generations of entrepreneurs in the developing world.

“The Polygon Edge framework was designed with enterprises in mind, to help them simplify and speed up the process of building and launching their own customizable and secure Ethereum-compatible Blockchain networks. Kaleido provides the enterprise ‘easy button’ and has the deep expertise gained from running thousands of enterprise chains over the last four years.”
– Antoni Martin, Enterprise Lead of Polygon & Co-Founder of Polygon Hermez

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* This article was originally published here

Saturday, August 6, 2022

Cross-chain DEX Hashflow raises $25M in Series A funding

Hashflow, a cross-chain swap exchange, today announced it has completed its Series A funding round, bringing Hashflow’s valuation to $400 million.

This Series A follows April 2021’s $3.2M seed found. The capital infusion will enable Hashflow to continue to improve its decentralized trading experience, centered around its request-for-quote (RFQ) model which optimizes interoperability, guaranteed price execution, and MEV protection.

Hashflow’s model enables the trading of structured products and other asset classes previously considered impossible to trade on DeFi venues. As detailed in the company’s 2022 roadmap, Hashflow plans to offer structured products in authorized jurisdictions later this year.

Participation in the funding came from returning investors Electric Capital, Dragonfly Capital Partners, LedgerPrime, and Balaji Srinivasan, along with crypto-native new investors and participants including Jump Crypto, Wintermute Trading, GSR, Kronos Research, and Altonomy.

Other inventors include Coinbase Ventures, Kraken Ventures, Fabric Ventures, Evernew Capital, Spacewhale Capital, and angels Meltem Demirors, Anthony Sassano, Tatiana Koffman, and Jason Choi.

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* This article was originally published here

Friday, August 5, 2022

27 new projects selected in 5th cohort of BNB Chain incubation program: MVB

BNB Chain, a community-driven and decentralized blockchain, has now disclosed the projects for season 5 of its accelerator program – Most Valuable Builder (MVB). 27 new projects with a range of different focuses were selected. There were more than 650 applications from all across the world.

The Binance incubation program was specifically designed to supply and qualify builders on BNB Chain. The team has come together to identify projects and developers with the ambition to embark on ‘Uncharted Territories’, where no developer or builder has gone before.

“After an arduous selection process dedicated to identifying projects with the highest potential, twenty-seven innovative projects focusing on infrastructure and tooling, decentralized finance (DeFi), SocialFi, NFTs, and GameFi were selected. Together we will venture into the unexplored; a challenging and exciting journey. Our team understands that by building together we can give rise to innovative stability and help your project reach its full potential.”
– Gwendolyn Regina, Investment Director at BNB Chain

MVB V

Projects that will be incubated in MVB V:

  • Infrastructure – Web3Go, Space ID, Multi-chain Event Protocol (MEP), Overeality, Port3 Network, Nakji Network, Zash, Metasset, and Staging Labs.
  • DeFi – InsurAce Protocol, Antimatter DAO, Tender.Fi, Wink Financial, Aperture Finance, Velvet.Capital, Deus Ex Securitas, and IdentDeFi.
  • SocialFi & DAO – Kola Labs, AnyDAO, FusePass, and Orange Protocol
  • NFTs – Rareboard, GiroGiroAI, and Double Protocol.
  • GameFi – CryptoZombie, Meta Apes, and Gameta.

There are two pools in the fifth season of the program: incubation and investment. The 27 projects are guaranteed 6-8 weeks of a curriculum including mentorships and fireside chats with market leaders.

MVB V looked for projects across all stages with a defined vision, plan, and founding team. It is co-led by BNB Chain and Binance Labs to help projects market git a working product for launch.

MVB is the program behind several successful projects on BNB Chain including MCDEX, Biswap, Deri Protocol, and WOO Network.

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* This article was originally published here

Crypto News: Bitcoin Explodes, Cardano, ICP, The TRUMP Trade & More!

* This article was originally published here