Ethereum

XT.COM Lists FON (INOFi) in Its Main Zone

Retrieved on: 
Thursday, November 10, 2022

FON is the native token issued on the INOFi platform.

Key Points: 
  • FON is the native token issued on the INOFi platform.
  • The total supply value of the FON token is 10,000,000,000 (ten billion).
  • Miners can acquire FON tokens by depositing ETH, USDT AND FON on the INOFi staking platform.
  • Investors can use FON tokens to purchase NFTs on BSC, Ethereum, Klaytn, and Polygon.

MEXC Andrew: The Crypto Market is not Affected by the 75bps Rate Hike. When will its Bear Market Inflection Point Come?

Retrieved on: 
Thursday, November 10, 2022

The Federal Reserve officially began debating the issue of interest rate hikes on January 25, 2022.

Key Points: 
  • The Federal Reserve officially began debating the issue of interest rate hikes on January 25, 2022.
  • At that time, all media and institutions were worried that the Fed would raise interest rates by 50 basis points.
  • However, the final announcement was only a 25 basis point interest rate hike.
  • If Ethereum, Layer 2, and the Fed's monetary policy shifts stack up, it will be the best inflection point for cryptocurrencies to go from a bear market to a bull market.

BORANETWORK launches US$30 Million 'BORA Ecosystem Fund'

Retrieved on: 
Wednesday, November 9, 2022

SEOUL, South Korea, Nov. 9, 2022 /PRNewswire/ --BORANETWORK (President: Gyehan Song) announced on November 10, 2022 that they have launched a US$30 million strategic investment fund known as the "BORA Ecosystem Fund" with Widus Partners, a global investment firm.

Key Points: 
  • SEOUL, South Korea, Nov. 9, 2022 /PRNewswire/ --BORANETWORK (President: Gyehan Song) announced on November 10, 2022 that they have launched a US$30 million strategic investment fund known as the "BORA Ecosystem Fund" with Widus Partners, a global investment firm.
  • The fund will primarily invest into technologies developing Web3.0 gaming solutions, with the ultimate goal to facilitate the growth of the BORA ecosystem.
  • "I am delighted to be able to launch the Bora Ecosystem Fund for the growth of BORA ecosystem together with Widus Partners," said Youngjun Lim, CBO at BORANETWORK.
  • "BORA Ecosystem Fund will be a strategic opportunity for BORANETWORK to scale the development of their platform ecosystem and cater to a broader global audience," said Jonathan Lee, Head of Digital Assets at Widus Partners.

Notifi Raises $10M Seed Round to Expand its Communication Infrastructure Platform

Retrieved on: 
Wednesday, November 9, 2022

SEATTLE, Nov. 9, 2022 /PRNewswire/ -- Notifi (https://notifi.network/), a cross-chain messaging layer for Web3, announced today $10 million in a seed round of financing co-led by Hashed and Race Capital. Struck Capital, HRT Capital, Wintermute, Superscrypt founded by Temasek, and others have also participated in the oversubscribed round. Notifi had previously raised $2.5 million in pre-seed funding, bringing its total funding to $12.5 million.

Key Points: 
  • Notifi had previously raised $2.5 million in pre-seed funding, bringing its total funding to $12.5 million.
  • Notifi Raises $10M to Expand its Communication Infrastructure Platform to Polygon, Avalanche, Aptos and Sui
    Notifi is addressing the broken communications model in Web3, which is not only fragmented across multiple messaging platforms like Telegram and Discord but also different layer 1 and layer 2 ecosystems.
  • To close the communications gap, Notifi provides simple SDKs that allow developers to integrate 1:1 user communication into their dApps.
  • Designed with simple APIs for easy integration and customizable and advanced features for dApps and Web3 applications, Notifi is the go-to communication infrastructure platform for Web3 developers and creators.

Global Blockchain Market Forecast Report 2022-2028 - Compound Annual Growth of 56% Predicted During Forecast Period - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 8, 2022

The global blockchain market is growing at a considerable CAGR of around 56.1% during the forecast period.

Key Points: 
  • The global blockchain market is growing at a considerable CAGR of around 56.1% during the forecast period.
  • Among provider segments, the application provider is the fastest-growing segment in the overall blockchain market due to government initiatives in the blockchain market.
  • The global blockchain market is analyzed on the basis of the geographical regions that are contributing significantly to the growth of the market.
  • The global blockchain market is characterized by the presence of several market players that are providing blockchain solutions to a wide range of customers across the globe.

Nifter™ Begins Cross-Chain Adoption of Polygon to Reduce NFT Minting Costs Over 50%

Retrieved on: 
Tuesday, November 8, 2022

Adopting Polygon allows Nifter to use NFTs as events tickets, memorabilia trade-ins, content royalty tracking, and other revenue streams that are a part of Nifter's revenue strategy.

Key Points: 
  • Adopting Polygon allows Nifter to use NFTs as events tickets, memorabilia trade-ins, content royalty tracking, and other revenue streams that are a part of Nifter's revenue strategy.
  • In lockstep with "big tech" giants such as Instagram, JP Morgan, and others, Nifter choosing Polygon will lower the average transaction costs to $0.000358 (66 Gwei) compared to $0.62 on Ethereum.
  • ClickStream is a technology company focused on developing apps and digital platforms that disrupt conventional industries.
  • The company is currently marketing and developing Nifter , HeyPal, WinQuick, VegasWinners and The LongShot Report respectively.

Data Vault Holdings and Chia Network Announce Partnership, Platform Integration

Retrieved on: 
Wednesday, November 9, 2022

SAN FRANCISCO and NEW YORK, Nov. 9, 2022 /PRNewswire/ -- Data Vault Holdings Inc., the emerging leader in metaverse data visualization, valuation, and monetization, and Chia Network Inc, an open-source, public blockchain optimized for real-world adoption founded by Bram Cohen, today announced a partnership to exhibit NFT Art of the world-renowned photographic artist William Fortescue at the 1571 Gallery in London.

Key Points: 
  • The Chia Network NFT1 standard offers novel features for NFTs, including on-chain royalties, digital identity, and integration with Chia Offers, furthering the breadth of services offered to Datavault's users.
  • Chia Network joins Ethereum, Binance, Phantom and other leading blockchains already integrated with the Datavault platform the first to provide Web 3.0 data and content optimizing tools and data monetization capabilities that automatically prioritizes data assets based on their utility, purpose and value.
  • About Data Vault Holdings Inc.
    Data Vault Holdings Inc. is a technology holding company that provides a proprietary, cloud-based platform, Datavault, for the delivery of branded data-backed cryptocurrencies.
  • Data Vault Holdings Inc. provides businesses with the tools to monetize data assets securely over its Information Data Exchange (IDE).

Blockchain Pioneer Brock Pierce Partners with Jeremy Gardner as a General Partner in Mystic Ventures

Retrieved on: 
Wednesday, November 9, 2022

MIAMI, Nov. 9, 2022 /PRNewswire-PRWeb/ -- This week at the Wonderland Psychedelic Convention in Miami, Chairman of the Bitcoin Foundation, Economist, and Philanthropist Brock Pierce announced that he is partnering with Jeremy Gardner, the Managing Partner and Founder of Mystic Ventures, as a General Partner in this cutting-edge venture fund. Pierce is the co-founder of EOS Alliance, Block.one, Blockchain Capital, Tether, and Mastercoin, the sector's first ICO. Gardner is the Founder of Blockchain Education Network, Co-founder of Augur, the world's first Utility Token and first ICO on Ethereum.

Key Points: 
  • MIAMI, Nov. 9, 2022 /PRNewswire-PRWeb/ -- This week at the Wonderland Psychedelic Convention in Miami, Chairman of the Bitcoin Foundation, Economist, and Philanthropist Brock Pierce announced that he is partnering with Jeremy Gardner, the Managing Partner and Founder of Mystic Ventures, as a General Partner in this cutting-edge venture fund.
  • Pierce is the co-founder of EOS Alliance, Block.one, Blockchain Capital, Tether, and Mastercoin, the sector's first ICO.
  • Gardner is the Founder of Blockchain Education Network, Co-founder of Augur, the world's first Utility Token and first ICO on Ethereum.
  • Brock Pierce is a blockchain pioneer, technology investor and philanthropist with an extensive track record of founding, advising, and investing in disruptive businesses.

Bitwise Asset Management Selects SS&C

Retrieved on: 
Wednesday, November 9, 2022

WINDSOR, Conn., Nov. 9, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Bitwise Asset Management, the world's largest crypto index fund manager1, has selected SS&C's Eze Investment Suite to support its trading operations. Bitwise will streamline front-to-back operations for managing $1.3 billion* in assets across 15 strategies, including crypto ETFs and NFT funds.

Key Points: 
  • WINDSOR, Conn., Nov. 9, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Bitwise Asset Management, the world's largest crypto index fund manager1, has selected SS&C's Eze Investment Suite to support its trading operations.
  • Based in San Francisco, Bitwise is one of the largest and fastest-growing crypto asset managers.
  • The team at Bitwise combines expertise in technology with decades of experience in traditional asset management and indexing, coming from firms including BlackRock, Blackstone, Meta, and Google, as well as the U.S. Attorney's Office.
  • Bitwise is backed by leading institutional investors and asset management executives, and has been profiled in Institutional Investor, CNBC, Barron's, Bloomberg, and The Wall Street Journal.

Unqork and Securrency Launch Private Markets Asset Tokenization Solution Powered by Codeless Architecture

Retrieved on: 
Wednesday, November 9, 2022

NEW YORK, Nov. 9, 2022 /PRNewswire/ -- Unqork, the leader of codeless architecture software development, today announced that it has entered into a partnership with Securrency, a world-class developer of institutional-grade blockchain-enabled financial and regulatory technology, to create an end-to-end digital asset solution for private market customers. Leveraging Unqork's enterprise-grade codeless development platform, Securrency's Capital Markets Platform provides financial institutions and other operators with all of the features needed to launch a digital asset marketplace. The out-of-the box solution can be easily customized and integrated to best fit individual business needs. With the marketplace, customers can:

Key Points: 
  • Leveraging Unqork's enterprise-grade codeless development platform, Securrency's Capital Markets Platform provides financial institutions and other operators with all of the features needed to launch a digital asset marketplace.
  • The powerful combination of Unqork's codelessintegrations and orchestrationwith Securrency's enterprise-grade tokenization platform ensures stability, interoperability, and efficiency at every step of the digital asset lifecycle.
  • Unqork's codeless architecture drives flexible workflows with a robust orchestration to digitize the subscription process, improve regulatory adherence, andincrease liquidity.
  • "Coupled with Securrency's Capital Markets Platform technology and digital asset expertise, we are delivering a world class token solution for private markets customers looking for a customized end-to-end marketplace experience."