On Wednesday, LayerZero Labs, a firm that develops protocol to enable omnichain decentralized applications, or dApps, to span multiple blockchains, announced that it raised $135 million in its latest funding round. The deal values LayerZero Labs at $1 billion and will accelerate the development of its namesake protocol. The round was led by notable venture groups and investors such as…
Visa announced the official launch of the Visa Creator Program, a one-year product strategy and mentorship program for entrepreneurs working in art, music, fashion and film who seek to accelerate their small business through nonfungible tokens, or NFTs. According to Visa, the goal of the Creator Program is to bring together a global cohort of digital creators and empower them via…
Bitcoiners are not welcome in academia. Academics, including economic professors, overwhelmingly do not understand Bitcoin and represent it unfavorably (if they mention it at all). University professors are prone to favor Keynesian fiat economic systems due in part to a revolving door between academia and the IMF, World Bank, World Economic Forum (WEF), the Federal Reserve and more. Universities and…
On Wednesday, DeFi Technologies announced that its subsidiary Valour reached $274.2 million in assets under management. The company offers various cryptocurrency-denominated exchange-traded products, or ETPs, listed on European exchanges. Cointelegraph previously reported that Valour launched two such ETPs involving Uniswap (UNI) and Polkadot (DOT) last year. For each exchange-traded product of Valour that is bought and sold on the stock…
Fabio Panetta, executive board member of the European Central Bank, said focus groups exploring the potential rollout of a digital euro hinted the ability to use the digital currency at online and physical stores could be a key feature. In a written statement released Wednesday, Panetta broke down the findings of ECB focus groups on digital payment methods commissioned in…
In brief Solana (SOL) is the biggest gainer in the top 10 today, with its price rising 12% over the past 24 hours. Leading NFT marketplace OpenSea announced yesterday that it will add support for the Solana ecosystem in April. Solana NFT sales are surging elsewhere today. It’s been a relatively calm day for the cryptocurrency market, with the wider…
Author Disclaimer: The following work is analogous to fan fiction in your favorite sci-fi world. I do not intend to infringe or misappropriate any real-world ideas or work. Any similarity to concepts or work is purely coincidental. This is Part One of a series I call “Bitcoin: What-If.” Marvel can’t own that, right?😉 What If … Education Centralized education has…
The decentralized finance (DeFi) market has been undergoing a period of maturation over the past year and many of last year’s fast risers have faded into obscurity but this does not mean the formerly “famous” protocols have not continued to build. One blue-chip project that is regaining momentum is Aave (AAVE), a non-custodial liquidity protocol that allows users to lend,…
In brief LayerZero Labs is building an “omnichain interoperability protocol that unites” decentralized applications from across blockchains. It’s pulled in major funding from some of the biggest venture capital firms in crypto. You’ve heard that it’s a multichain future. How about an omnichain one? LayerZero Labs, the developers behind the eponymous interoperability protocol, today announced a $135 million raise in…
Nifty Gateway, the non-fungible token (NFT) marketplace has announced that the company has partnered with the electronics giant Samsung. The two firms have been working on the “first-ever smart TV NFT platform” and Nifty Gateway is already integrated into Samsung’s 2022 premium TV product lines. NFT Marketplace Nifty Gateway Partners With the Electronics Giant Samsung During the first week of…
