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Conflux Blockchain Announces Ecosystem Grants Program

Conflux Blockchain Announces Ecosystem Grants Program

Blockchain startup Conflux has announced its Conflux Ecosystem Grants Program, paid in the blockchain’s native CRX token, for building out the Conflux ecosystem, according to a release from the firm.  Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of …

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Matic Network Aims for 80% Token Lockup in New Staking Program

Matic Network Aims for 80% Token Lockup in New Staking Program

Matic Network announced Sunday that the first iteration of its staking solution was now live. Launched in stages, direct staking will initially be restricted to the Matic Foundation, the non-profit behind the Ethereum-based scaling solution, which will stake tokens on users’ behalf, the company said in a press release. The Matic Network is a dapp-ready …

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Chinese tech giant Tencent launches blockchain accelerator program

Chinese tech giant Tencent launches blockchain accelerator program

Chinese tech giant Tencent has launched a blockchain accelerator, and it plans to mentor 30 companies developing blockchain-based technologies and services. Called Tencent Industrial Accelerator, the program has now begun taking applications, according to the company’s website. Interested projects have until June 6 to apply.  The accelerator is open to both early-stage blockchain startups and …

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Feds add fintechs PayPal, Intuit to emergency coronavirus loan program

Feds add fintechs PayPal, Intuit to emergency coronavirus loan program

Fintech companies PayPal and Intuit were approved by the Small Business Administration (SBA) to distribute funds as part of the U.S. agency’s emergency lending program, enacted amid the ongoing coronavirus pandemic. PayPal and Intuit released statements on April 10, declaring their participation after the SBA’s approval, according to coverage by CNBC. The SBA plans administer …

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