Mitsubishi UFJ Financial Group, Japan’s largest financial group, is working hard to take the lead in stablecoin development, launching a proprietary stablecoin project.On Wednesday, MUFG introduced its stablecoin platform called “Progmat Coin,” a blockchain-based system for issuing and managing stablecoins pegged on a 1:1 ratio to the Japanese yen.The platform aims to enable a … [Read more...] about Top Japanese bank MUFG introduces new stablecoin platform
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Aave launches Web3 social media platform, Lens Protocol
Aave (AAVE), the decentralized finance lending platform, launched the Lens Protocol ecosystem on the Polygon (MATIC) blockchain as their way to challenge centralized social media platforms like Twitter or Facebook. What started with an open letter to garner support around the idea that content creators should own and control their digital identities, led to developing a … [Read more...] about Aave launches Web3 social media platform, Lens Protocol
Privacy-focused applications platform Aleo raises $200M
Zero-knowledge applications platform Aleo has raised $200 million in a solid investment round, pushing the company forward and supporting its goals to develop products and services that encourage and assist developers in building applications on top of its decentralized network.The Series B investment round was led by Kora Management LP and SoftBank Vision Fund 2, which invest … [Read more...] about Privacy-focused applications platform Aleo raises $200M
A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO
Li Jiang, COO at Harmony, believes that a bridge connecting all existing blockchains is key to onboard the first 1 billion users on Web 3. “We think that the future is multichain and cross-chain, that you should be able to move assets very easily from one chain to another, with good prices, with good rates and very fast.”, he told Cointelegraph in an exclusive interview. … [Read more...] about A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO
French Crypto Platform Coinhouse Raises $17M to Fuel European Expansion
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 French Crypto Platform Coinhouse Raises $17M to Fuel European Expansion