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Bank of Russia to Pilot Digital Ruble Settlements in 2023


Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions. Russia to Trial...

Andreessen Horowitz Launches A16z Crypto Research Lab


A16z, also known as Andreessen Horowitz, the venture capital (VC) company that has invested millions in crypto-related projects, has announced the launch of its own crypto research lab. This new initiative seeks to marry academic research with producing ideas and putting them into practice...

Fidelity Launches Multi-Level Learning Center in Metaverse


Fidelity Investments, a major financial services firm with $11.3 trillion in assets under administration, has entered the metaverse with the opening of an eight-story learning center and the launch of a metaverse exchange-traded fund (ETF). The Fidelity Stack features “a multi-level design...

Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD


On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [billion] worth of highly liquid assets raised from blockchain industry initiators...

Traders Speculate that Optimism Token Could Launch After Coinbase Glitch


  A blog post and what appears to be a glitch from the crypto exchange Coinbase, fueled speculations that Optimism, a second layer scaling solution for Ethereum (ETH), could be about to launch its own native token.  The speculations about whether the popular Ethereum scaling solution is launching...

TradeStars Aims To Impress As The Platform Launches New DFS Feature


PRESS RELEASE. TradeStars has recently announced the launch of their brand new feature, Daily Fantasy Sports (DFS). The launch of DFS shall link the DeFi trading layer with that of the DFS gaming layer via that of a P2E (Play To Earn) model. In this way, TradeStars users can seamlessly trade...

SeedBox is Set to Launch on Polygon, having Polygon as a Native Mainnet


Mainnet is a blockchain protocol that has been fully designed and deployed for further functioning. It differs from the testnet because the testnet is still under production while the mainnet is already live on the network. When a platform states that it is live on the mainnet, it means that...

Yeti Posts $500 Million TVL in 24 Hours After Launch on Avalanche


DeFi has grown large enough to offer everything a traditional finance firm could offer in the last few years. The DeFi borrowing protocol is the recent addition to this list and brings tonnes of benefits one can only seem of in TradFi. Yet is one such borrowing protocol built in the Avalanche...

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