The competition among the computing networks is warming up, with decentralized players coming into the stage with backing from the crypto ecosystem.Decentralized storage and computing network Aleph.im completed a $10 million funding round led by Stratos Technologies. Zeeprime, NOIA Capital, Theia, Bitfwd Capital, Token Ventures and Seven Capital have contributed to the funding, … [Read more...] about Aleph.im raises $10M to develop censorship-resistant data storage
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Binance sponsors AFCON to further develop crypto adoption in Africa
Monday marked the start of the TotalEnergies Africa Cup of Nations tournament — the largest men’s football championship series in Africa. At the same time, Binance announced its official partnership with the Confederation of African Football as well as its official sponsorship for the AFCON 2021 tournament, becoming the first crypto and blockchain sponsor for the event.Through … [Read more...] about Binance sponsors AFCON to further develop crypto adoption in Africa
Kraken to Develop NFT Marketplace Offering Token-Backed Loans
Crypto exchange Kraken is developing a marketplace for non-fungible tokens (NFTs) where users can arrange loans using the tokens as collateral, the exchange’s founder and CEO Jesse Powell said in a Bloomberg News interview published Friday.The marketplace will provide custody, and the exchange is figuring out how to determine the liquidation value of NFTs deposited so that … [Read more...] about Kraken to Develop NFT Marketplace Offering Token-Backed Loans
JPMorgan to Develop Payment Blockchain System for Siemens: Report
The U.S. banking giant has a pipeline of clients for the Onyx system, said Naveen Mallela, Onyx’s global head of coin systems. The infrastructure will take programmable payments beyond current uses like direct debits and standing orders, Mellela said. Source link … [Read more...] about JPMorgan to Develop Payment Blockchain System for Siemens: Report
Derivatives Trade Association ISDA to Develop Common Standards for Crypto Assets
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 … [Read more...] about Derivatives Trade Association ISDA to Develop Common Standards for Crypto Assets