The Ethereum Push Notification Service, known as EPNS, has rebranded to Push Protocol in its “first step towards a multi-chain communication future.” The branding takes effect from Sept. 27, and all existing “channels, notifications, $PUSH token, and app all remain unchanged.” In a Medium article, the protocol announced that the move marked the evolution of…
BitGo said that Galaxy Digital’s decision to pull out of the merger deal has nothing to do with its financial statements but with Galaxy’s inability to finance the deal owing to its loss of over $661 million in the first half of 2022. On August 15, Galaxy Digital announced that it would terminate its merger…
ZARP appointed South African financial services group Old Mutual Wealth to manage the cash reserves of its stablecoin, which is pegged to the price of the South African rand(ZAR), in hopes of enhancing trust. ZARP is the only audited and bank-approved stablecoin in South Africa. Connecting RAND and ZARP Rand reserves fully back ZARP tokens….
Cryptocurrency staking firm BitGo filed a lawsuit against Galaxy Digital on Sept. 12 seeking damages of over $100 million for breaching the merger agreement, BitGo announced on Twitter. Late yesterday, BitGo filed a lawsuit against Galaxy Digital seeking damages of more than $100 million arising from Galaxy’s improper repudiation and intentional breach of its merger…
Starbucks has announced it will launch its official NFT Rewards loyalty program tagged “Starbucks Odyssey” on Ethereum’s (ETH) layer2 Polygon (MATIC) network later this year. According to the announcement, the new loyalty program combines its existing rewards program and a non-fungible token platform where users can earn and buy NFTs that give them access to…
Stablecoin issuer Tether announced the successful integration of the USDT stablecoin on NEAR protocol. According to Tether, launching USDT on NEAR will help bring more stability to NEAR’s DeFi ecosystem and reduce the adverse effect of market volatility on users. Tether (USD₮) Launches on Near Network https://t.co/GY8sAR49ES pic.twitter.com/dKM4ZrACVt — Tether (@Tether_to) September 12, 2022 Following…
Singapore’s leading Bank DBS has inked a partnership with Sandbox to extend its banking experience into the metaverse. DBS announced that the deal will see to the creation of DBS BetterWorld on a 3×3 plot of LAND. The metaverse experience will be an additional engagement platform for customers visiting the Sandbox. Sandbox Co-Founder Sebastien Borget…
Ethereum’s Merge: Analytics suggest it is doing little to attract new users Outside of the hacks and token collapses of this year, the merge has been one of the most discussed events and has been omnipresent in the last week as seen in IntoTheBlock’s word cloud for Ethereum news. 16 hours ago · 3 min…
Web3 accelerator program PolygonLEAP has announced 6 startups who emerged as winners from its incubation program and will share its grand prize of $250,000. PolygonLEAP was launched in 2021 by Polygon in partnership with Lumos Labs. The first iteration of the incubation program which started in December worked with 31 projects building across payments, gaming,…
Cross-chain liquidity provider Bitfrost has collaborated with Coinbase Cloud to offer its liquid staking service on the Kusama network, according to a Sept.6 announcement. Bifrost was built using the cross-consensus messaging (XCM) system which allows for easier transfer of liquidity for assets staked across the Polkadot ecosystem. The collaboration will see Bifrost leverage Coinbase Cloud‘s…