Ripple Announces $250M Fund for NFT Projects on XRP Ledger
US-based crypto solutions provider, Ripple, has launched a $250m fund for NFT creators.
Blockchain news category covers the foundational technology powering the crypto world. Discover updates on scalability solutions, layer‑1 and layer‑2 protocols, decentralized apps (dApps), enterprise adoption, and how blockchain is reshaping sectors from finance to supply chain. A must‑read for understanding the infrastructure behind the headlines.
US-based crypto solutions provider, Ripple, has launched a $250m fund for NFT creators.
MXC, an ambitious crypto start-up building the world’s largest free wireless IoT Network, raises almost $100m from institutional crypto investors.
The Roll platform enables anyone to create their own social tokens which can be tailored to serve a number of roles in a digital community such as groups on various social media platforms.
To abide by the latest mandates on crypto issued by China’s Central bank, Bitmain will relocate its production out of Shenzhen.
Eth 2.0 is anticipated to deal with mainnet’s low throughput and high transaction fees compared to the upcoming smart contract blockchain dubbed Ethereum killers.
There are suggestions that both Dapper Labs and the NFL are wagering on the league’s popularity to drive public interest in this type of marketplace again.
IOEN’s plan is based around connecting devices that will connect all participants on the grid into virtual microgrids that will efficiently distribute power.
In a quest to empower creators, Polinate successfully closed a $1.25M fundraise with massive support from notable blockchain players and leading venture capital firms.
In a highly controversial transaction, Bitfinex ended up paying a staggering 7,676 ETH for transferring just $100K worth of USDT. The miner of the block, however, has confirmed to return the transaction fee amount.
PERP and DYDX are the two DeFi tokens leading the current boom in the crypto market. PERP token has recorded a 55% gain in the last 24 hours, taking its trading price to $17, according to data from Messari.
Citibank is looking to expand its digital footprint in the region and said that it will employ 1000 coders over the next decade.
The new funding will help Cardano expand its footprint in the rapidly emerging DeFi and NFT market. The funding comes just at a time when Cardano implemented the smart contract functionality through Alonzo hardfork.
The Worthpad ecosystem is building out its platform to serve as a one-stop shop for all things DeFi.
While the centralized exchanges are the very first point of entry for new users who want to gain exposure to the digital currency space, the Bitfinex Layer-2 bridge will help enhance the usability and growth of DeFi through its simple-to-use platform.
The transfer of the digital agent role has enabled the burning of the fund’s existing outstanding balances, spontaneously being redeemed through Securitize’s new smart contract to each shareholder.