The Harry Potter Open Financial Matrix will be launched on February 3,2021
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Whale Shark’s NFT Collectors Playbook
Thinking about buying some non-fungibles? Maybe you’re even thinking about investing? Maybe you still can’t wrap your brain around the idea of digital art being sold for $69 million, but you’re open-minded, you’ve done your homework and you think the rewards outweigh the risks. And maybe this is money you can afford to lose, so what the hell? [Obligatory disclaimer: Nothing that follows is financial advice. Investing in NFTs – or anything in crypto – is packed with risk and you can lose everything. Proceed with caution.] But if you’re trying to get your…
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Longbow Capital led a $5 million funding round for Modern, a Canadian blockchain project.
Modern, a distributed mobile network transmission protocol based on blockchain +5G, has announced the start of its financing plan, according to the company’s official announcement. Longbow Capital, a Canadian private equity firm, will lead the financing, which is expected to raise $5 million, according to a number of leaks. Longbow Capital is a private equity investment management firm that invests in the energy and technology sector. It focuses on companies that help bring energy to the world in the most efficient, cost effective and environmentally responsible way. The company was…
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Digital currency mining is an inevitable trend in the next five years, CoinFans Mining analysis, mining is getting easier and easier
In 2021 marks the first year of institutionalized mining, which brings both benefits and challenges. CoinFans Mining’s analysis shows that the institutionalization of digital currency mining is an inevitable trend in the next five years, mining will become easier and easier, and everyone will be able to mine, and the mining industry will become an industry. Few investments offer the upside with venture capital-style upside and the downside with infrastructure-style downside case. Combining energy arbitrage with hoarding bitcoin onto a company’s balance sheet can make this happen. Which is why…
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EOS Loses Its ‘Largest’ DeFi Project to Binance Smart Chain
Effect Network, a decentralized finance (DeFi) platform that connects companies to the global workforce, will be switching its development from the EOS blockchain to the Binance Smart Chain (BSC). Effect Network developers said Thursday the main reason for the shift to BSC, a smart contract-based blockchain backed by exchange giant Binance, is due to concerns about the future of the EOS blockchain and its leadership. In January, serial blockchain entrepreneur and EOS CTO Dan Larimer left Block.one “to pursue new personal projects.” Effect Network cites “unfulfilled promises to address the many issues…
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Money Reimagined: NFTs Can Learn From DeFi’s Growth
This week, you could be forgiven for thinking bitcoin has ceded ground at the epicenter of the crypto zeitgeist to non-fungible tokens (NFT). Bitcoin’s price dropped to its lowest level since March 8, after failing to consolidate gains made on yet another Elon Musk tweet. Meanwhile, NFT stories were everywhere again. Another Beeple art piece sold for $6 million to raise funds for the Open Earth Foundation’s efforts to fight climate change, and both The New York Times and Time Magazine announced sales of their own NFTs. It’s also true that bitcoin continues to attract attention in financial troubled…
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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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SporeOcean has completed the institutional round of financing and will start global ITO on April 23
In order to build SporeOcean’s global brand influence and expand its coverage, and build a solid long-term consensus on SporeOcean’s ecology, we plan to launch an ITO event. Users who meet the conditions for participation will have the opportunity to obtain a whitelist and participate in the SporeOcean Ambassador platform proposal governance rights and other rights after submitting through official channels for review and approval. SporeOcean Polkadot’s cross-chain DeFi+NFT operating system announced that it has completed two rounds of institutional angel round and A round financing. The angel round…
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A Comprehensive Insurance Platform – Blockchain Insurance Global
Our global economy has grown steadily in recent years, and an increase in income levels has driven the growth of consumer demand. Among them, the demand for health protection has seen a significant increase. However, the traditional insurance model is cumbersome, delivering a poor experience for users. A transformation and upgrade of the industry is imperative. In 2020, an insurance platform that relies on blockchain technology, AI and big data started to receive attention from the mass markets. The aptly-named Blockchain Insurance Global (BIG for short) has created a new insurance platform, and has achieved a growth rate of 53% in 2020, reigning as the growth leader of the industry. By empowering the insurance…
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Gain instant insights into unique mechanisms and purchase mode of 4JNET
Blockchain technology creates reliable cooperation mechanism and wins lots of trust due to its widespread prospects. The advancement of this technology further brings about a massive monetary revolution of financial inclusion. Yet, it’s now too late for investors to hold Shib, Safemoon and other tokens as they have appreciated a lot. Never mind! Here’s a new chance! 4JNET, a new encrypted token, will debut on 1 December 2021. Moreover, the limited-edition NFTs will be presold on 20 October 2021. Lots of experts and senior players in the token industry show vigorous support…
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Crypto Exchange Coinsquare Ordered to Hand Thousands of Customers’ Records to Canadian Tax Agency
Canada’s tax authority, the Canada Revenue Agency (CRA) has prevailed in a court battle for access to a trove of high-value customer data held by cryptocurrency exchange Coinsquare. And the CRA seems to be coming for more. Under a federal judge’s March 19 order, Coinsquare must hand over detailed information on its Canadian customers, their crypto trading activity and identifying information to the Canada Revenue Agency (CRA). Coinsquare told CoinDesk that it will disclose information on an estimated 5% to 10% of its 400,000 customers to the CRA, which had originally…