Platform

Jack Dorsey announces plan for developer platform focused on bitcoin financial services

Jack Dorsey announces plan for developer platform focused on bitcoin financial services

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Jack Dorsey, CEO of Square, said Thursday that the payments services business is working to create “an open developer platform” focused on bitcoin-tied financial services. Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, …

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Crypto exchange Bithumb bans employees from trading on its platform

Crypto exchange Bithumb bans employees from trading on its platform

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South Korean cryptocurrency exchange Bithumb has banned its employees from trading on its own platform. Announcing the news on Friday, Bithumb said the move is to enhance transparency over crypto transactions, but an upcoming law in Korea mandates local crypto exchanges must prohibit employees from trading on their own platforms. The law becomes effective September …

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TP ICAP to launch crypto trading platform with Fidelity and others

TP ICAP to launch crypto trading platform with Fidelity and others

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TP ICAP, the world’s biggest interdealer broker, is set to launch a crypto trading platform for institutional investors. The platform is being developed with crypto custody providers Fidelity Digital Assets and Standard Chartered’s Zodia Custody, alongside liquidity provider Flow Traders. The idea is to provide clients a separate but interoperable model for execution and settlement. …

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How Antonio Juliano plans to make DeFi platform dYdX ‘one of the biggest crypto exchanges, period’

How Antonio Juliano plans to make DeFi platform dYdX ‘one of the biggest crypto exchanges, period’

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Quick Take dYdX has just raised $65 million in a round led by Paradigm. The derivatives exchange launched a new Layer 2 solution earlier this year in the hope of making the platform less costly to use. Founder Juliano now wants to take on the likes of Binance, Huobi and FTX. This feature story is …

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Creator of hit NFT project NBA Top Shot poised to net $250 million in round led by $25 billion firm

NFT platform development startup Dapper Labs valued at $7.5 billion

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Dapper Labs, the NFT development platform behind NBA Top Shot, is raising money at a $7.5 billion valuation in a round led by Coatue Management, according to the tech news publication The Information.  The three-year-old Dapper Labs had just completed a $305 million funding round on March 30, which valued Dapper at $2.6 billion. That …

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AMBCrypto

XELS launches Eco-conscious blockchain platform for Carbon Offset Credits

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 XELS, one of the leading startups tackling climate change by increasing participation and transparency in carbon markets, is listing its eponymous XELS token on Bittrex Global on 8 April 2021.  Tokenized Carbon Credits  XELS will provide both businesses and individuals access to a blockchain-based carbon offset platform, initially focused on tokenized voluntary carbon offset credits. …

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Creator of hit NFT project NBA Top Shot poised to net $250 million in round led by $25 billion firm

Dapper Labs, startup behind NFT platform NBA Top Shot, nabs $305 million in funding

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The maker of the popular NFT platform NBA Top Shot has raised $305 million in a new funding round. Reports emerged Tuesday morning of the round, led by Coatue Management. The Block reported last month that Dapper Labs was raising a significant funding round led by Coatue, a billion-dollar investment firm with stakes in companies …

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Social token platform Roll suffers exploit, token holdings transferred and sold

Social token platform Roll suffers exploit, token holdings transferred and sold

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Roll, a platform for issuing social tokens on the Ethereum network, suffered an apparent exploit on Sunday, resulting in the theft and subsequent sale of tokens. Blockchain data shared across social media indicates that holdings of numerous social tokens issued on Roll were transferred and liquidated, with some of those funds subsequently moved to transaction …

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DeFi options platform Opyn raises $6.7 million Series A led by Paradigm

DeFi options platform Opyn raises $6.7 million Series A led by Paradigm

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Opyn, a decentralized finance platform for options, has raised $6.7 million in a new Series A funding round. Industry venture capital firm Paradigm led the round, according to Opyn, with participation from existing investor Dragonfly as well as Synthetix co-founder Kain Warwick and Stani Kulechov, who founded Aave.  “The funds will be used to further …

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Hard-Hit Argentinian Farmers May Get Boost From Trading Platform for Tokenized Produce

Hard-Hit Argentinian Farmers May Get Boost From Trading Platform for Tokenized Produce

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Farmers struggling amid Argentina’s hyperinflation and the economic effects of the coronavirus pandemic may soon find relief through the tokenization of agricultural assets using blockchain technology. According to a press release on Thursday, blockchain infrastructure provider CoreLedger and soon-to-launch peer-to-peer marketplace Abakus are aiming to create a digital barter economy within the country. CoreLedger’s technology …

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