1H
-0.71%$0.0401
24H
3.32%$0.1803
7D
8.22%$0.4261
30D
3.96%$0.2137
The anticipation of Nvidia’s Q2 earnings report on August 28 has further fueled this positive sentiment.
Meanwhile, Monero confirmed that it is collaborating with Cake Wallet, adding that the integration of Monero into Keystone Hardware Wallet has commenced.
CME Group announced that the new XRP and Internet Computer reference rates are designed to provide the US dollar price of each digital asset.
DFINITY’s native crypto token Internet Computer (ICP) is currently trading around $7.62, up by over 70% in the last year.
ICP permits developers to build and run services and enterprise systems directly on a public blockchain network with unprecedented scalability.
The Internet Computer is the world’s first blockchain that runs at web speed with unbounded capacity. It also represents the third major blockchain innovation, alongside Bitcoin and Ethereum – a blockchain computer that scales smart contract computation and data, runs them at web speed, processes and stores data efficiently, and provides powerful software frameworks to developers. By making this possible, the Internet Computer enables the complete reimagination of software – providing a revolutionary new way to build tokenized internet services, pan-industry platforms, decentralized financial systems, and even traditional enterprise systems and websites. The project was founded in October 2016 by Dominic Williams, and attracted notable interest from the crypto community. DFINITY raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, and several notable early Ethereum supporters. In 2018, over 50,000 registerter participants received ICP utility tokens in an airdrop. On December 18, 2020, DFINITY launched the alpha mainnet of the Internet Computer. In a final step towards decentralization, on May 10, 2021, DFINITY launched the Internet Computer into the public domain. This major milestone means that the internet now functions as a decentralized global computer – marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token allowing tens of thousands of community members to govern the Internet Computer network.
In this guide, we will explore what CeDeFi is, how it works, why it is better than DeFi and some of the ways that it is changing the world of finance. Stay tuned.
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