META SPACE
META SPACE Laboratory invested 100 million US dollars to support its ecological construction, and launched the META SPACE chain game ecology and META SWAP, DEX platform in the first phase, and opened up the dual ecological interconnection mechanism.
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BSC will be launched in April, ERC, Heco, BSC, TRC four chains will be issued at the same time
The Coinbasis native token BasisCoin (abbreviation: BSC) is scheduled to be launched in April and will be launched on the four chains which are ERC, Heco, BSCand TRC. Coinbasis is an encryption platform jointly launched by the Australian bitcoin mining hardware giant Bitfury, FlashFX, AgriDigital and Othera, which is dedicated to the layout of the distributed storage ecosystem and the establishment and trading of distributed storage financial derivatives. It has been licensed the ASIC. BSC provides users with liquidity mining and lowers the entry threshold for blockchain mining. At the…
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Ripple Acquires 40% Stake in Asia Cross Border Payments Firm Tranglo
Cryptocurrency company Ripple has acquired a large stake in an Asia-based cross-border payments specialist in order to meet the growing customer demand. Ripple said Tuesday that it has agreed to acquire a 40% stake in Tranglo for the purpose of expanding its RippleNet On-Demand Liquidity service, according to a press release. Tranglo is a cross-border money and prepaid credit transaction hub providing businesses and individuals the ability to transfer payments globally, according to its website. Southeast Asia’s payments landscape is “highly fragmented,” Ripple said in the release. Each country possesses its…
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Security Token Startup Founder Arrested on Sexual Assault Charges, Toronto Police Say
The founder of a security token startup has been arrested on charges of sexually assaulting a minor, Canadian authorities said. Trevor Koverko, former CEO of Polymath, was taken into custody on March 14 by Toronto police, a spokesperson for the department, Caroline de Kloet, told CoinDesk Wednesday. He has apparently deleted his Twitter. Koverko has been charged with “sexual interference with a person under 16 years of age” (Section 151 of Canada’s Criminal Code) and “sexual assault” (C.C. 271), said de Kloet. Chris Housser, Polymath’s other founder and interim CEO, said Koverko resigned from…
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Coinbase, Naval, Framework Ventures Back $19M Raise for a Capital-Efficient Stablecoin
Fei Labs, a project building a more capital-efficient decentralized stablecoin, raised $19 million from Andreessen Horowitz (a16z), Framework Ventures, Coinbase Ventures and AngelList founder Naval Ravikant, among others. The raise, disclosed Monday, is another sign competition is heating up among issuers of stablecoins. These cryptocurrencies are designed to hold their value against some mainstream asset, usually (as in Fei’s case) the U.S. dollar. Stablecoins play a linchpin role in the crypto ecosystem, allowing traders to quickly move fiat currency (or the next best thing) between global exchanges to take advantage of…
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FFIL will help Filecoin grow in distributed storage in the multi-chain era
Up to now, the blockchain industry has formed a new technological revolution, in which the concept of distributed ledger has been comprehensively upgraded and optimized, and distributed digital storage has begun to be applied. Filecoin’s mission is to create a distributed, efficient, and powerful infrastructure for social information storage. We believe that humanity’s most valuable resource is information, and Filecoin is passionate about storing and protecting this valuable resource with efficient pricing, distribution, and protection. The launch of IPFS network also started the wave of distributed storage, in which FIL,…
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Anchor Begins Countdown to Launch of Bank-Beating DeFi Savings Account
Anchor, the much-anticipated cryptocurrency savings account from the team at Terraform Labs, appears to be finally nearing a go-live date, based on a countdown clock on its website. Under the plan announced last summer, Anchor would allow users to hold Terraform’s UST stablecoin, pegged to the U.S. dollar, and earn returns that consistently outpace the annual percentage yield (APY) of savings accounts at U.S. banks. Anchor represents a significant new decentralized finance application independent of Ethereum (where most of the DeFi action takes place): a basic savings account that should be more…
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CoinFans opens mining machine rental service
On February 26, 2021, CoinFans(bi-fans.com)’ global universal version was officially launched. This is a global decentralized computing power asset management and trading platform that integrates cloud computing power purchase, mining machine purchase, digital wallet, digital economic information and other functions. CoinFans escorts all miners, so that all retail investors and more people have the right to participate in cloud mining, rather than a simple oligarch monopolizing the interests of the entire mining industry. In addition, the CoinFans platform will launch special mining machines for users to participate in. CoinFans will start…
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Digital Currency Group to Buy Up to $250M of Grayscale Bitcoin Trust Shares
Digital Currency Group, the parent of Grayscale, said it’s authorized the purchase of up to $250 million worth of the lagging shares of the Grayscale Bitcoin Trust (OTCQX: GBTC), its subsidiary’s flagship product. In an announcement Wednesday, DCG – which is also the parent company of CoinDesk – said it will be buying GBTC shares on the open market. The purchase comes as the price of GBTC shares has fallen from an all-time high of $58.22 set last month to $41.40 last week before rebounding somewhat. In addition, the shares, which had…
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The first year of the blockchain: Consensus Alliance enters the blockchain industry
Blockchain technology is derived from Bitcoin, as people know more about blockchain technology, the blockchain industry is also undergoing great changes. Whether at the level of capital or innovation, blockchain has always been a hot word in 2016. The technical characteristics of distributed general ledger, encryption algorithm and programmability based on blockchain are regarded as the cornerstone of future digital society. Blockchain is expected to lead human society to evolve from information Internet to value Internet. Even, this most subversive technology after the Internet is likely to set off…
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Crypto Is Not Regulated in Turkey, and It’s Thriving
When news broke that Turkey’s President Recep Erdoğan had suddenly replaced the head of the nation’s central bank on March 19, Tilbe Yardım, 30, rushed to convert her Turkish lira into crypto. “Turkish investors and people who understand finance are really angry and saddened about what happened on Friday night,” Yardım told CoinDesk. The abrupt firing marked the third replacement of a central bank chief by Erdoğan since mid-2019, and signaled currency and institutional instability to investors. Erdoğan, who favors unorthodox monetary policies like slashing interest rates to curb inflation, allegedly fired the central bank head after he…
