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InvoiceMate Partners with the DFINITY Foundation and Migrates from Hyperledger Fabric to The Internet Computer Blockchain

  Zurich, Switzerland & Dubai, UAE. The DFINITY Foundation, a not-for-profit research and development organization based in Switzerland and a major contributor to the Internet Computer blockchain (ICP), has announced that it has partnered with InvoiceMate. InvoiceMate.tech will migrate from Hyperledger Fabric to the Internet Computer. The DFINITY Foundation will support InvoiceMate in this transition as it becomes an important part of the ICP ecosystem. InvoiceMate is a blockchain & AI-powered invoicing platform that acts as a bridge between SMEs and financing institutions. InvoiceMate leads to easier financial inclusion by

Paribus. Trust Less.

One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

ACCELERATING WEB3 ADOPTION: ROLAND BERGER AND THE INACTA GROUP COOPERATE ON DIGITAL ASSETS AND WEB3 VENTURE BUILDING FOR THEIR CLIENTS

Zug, March 3, 2023. – Inacta Group, a leading Swiss IT solution provider with a venture building arm focused on blockchain enabled business models, and Roland Berger, a global strategy consulting firm, have disclosed that they are working on joint Web3 projects and intend to closely cooperate on many more in the future. One of the projects is for the German utility giant E.On which was announced in December 2022, another is for a pharma- and consumer goods giant based in Switzerland. Inacta is headquartered in Zug, Switzerland, in the

Moonstake Wallet Now Supports Cardano NFTs

SINGAPORE, Dec 9, 2021 - (ACN Newswire) - Today, Moonstake is happy to announce that we support Cardano non-fungible tokens (NFTs). Starting today, users can hold, send, receive, and track their Cardano NFTs on Moonstake web and mobile wallets with the best user experience. With this new addition, Moonstake now supports NFTs of Ethereum's market-leading ERC-721 standard as well as the popular Cardano NFTs.Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web

Kucoin Labs Launches $100 Million Metaverse Investment Fund

Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about branding and marketing. Kucoin Invests in Metaverse Kucoin, one of the leading exchanges in Asia, has taken the first step to hop on the metaverse train. The investment and investigation arm of the exchange, Kucoin Labs, has launched a $100

Cosmos liquid staking protocol pSTAKE raises $10 million in seed funding

pSTAKE, a liquid staking protocol from blockchain startup Persistence, has raised $10 million in a seed funding round.Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital co-led the round, with Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, and Sino Global Capital also participating. Several angel investors, including Aave's Ajit Tripathi, Terra founder Do Kwon and Alpha Finance co-founder Tascha Punyaneramitdee, also backed the round. Crypto staking infrastructure providers, including Stake.fish, Figment Fund, Everstake, and Chorus One, also joined the round. This was pSTAKE's first fundraise and was

First crypto-related exchange-traded fund gets green light in India

The Securities and Exchange Board of India (SEBI) has approved the first cryptocurrency ETF. According to local media, the regulator has approved Invesco’s CoinShares Global Blockchain ETF Fund. The fund owns Coinbase, Bitfarms, SBI Holdings, and MicroStrategy, among others. The fund has had a good year, earning 89.52% in returns. Invesco is positive about the asset class’s future, it noted in a document. Blockchain technology Because blockchain technology is new, the potential to change the global economy is huge. Like the internet, blockchain offers massive potential to investors. For institutional

Burger King partners with Robinhood Crypto to give away cryptocurrencies.

According to a press release, fast-food chain Burger King is partnering with Robinhood Crypto to give away a range of cryptocurrencies. The rewards on offer are 20 bitcoin, around $1.17 million, 200 ether $800,000, and 2 million Dogecoin ($472,000). The odds of winning a bitcoin prize, according to the release, are 100,011 to 1. Earlier, Robinhood reported a 35 percent yearly surge in its revenue. The cryptocurrencies will be given away to Burger King’s Royal Perks members. The cryptocurrencies will be given away to Burger King’s Royal Perks members, a

Bakkt Holdings Set to Go Public on New York Stock Exchange

Crypto asset custodial and trading platform Bakkt will be listed for trading on the New York Stock Exchange under the ticker BKKT from Oct 18, 2021. The company is owned by International Exchange Incorporated, which owns the NYSE. Sponsored Sponsored Bakkt Holdings has a current valuation in excess of $2 billion. Coinbase, a competitor to Bakkt, was also listed on the NASDAQ in its own IPO in April of this year.  The company first announced in January that it was making plans to go public, and is now ready to

DeFi Deep Dive — Covalent, Blockchain Data Unifier

One of the problems facing Web 3.0 is the unification of scattered decentralized networks. Covalent is addressing this issue. It gives developers access to smart contract data to survey the entire blockchain ecosystem.Sponsored Sponsored Covalent makes it easier for investors to glean insights and performance of digital assets. This is done through its unified API (application programming interface) that indexes blockchains. These range from NFTs to DeFi protocols. A brief history Ganesh Swami and Levi Aul started Covalent, expanding to a 35-person team. Across all personnel, they have extensive cumulative

Singapore Monetary Authority Adds Binance to Investor Warning List

Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), has added Binance to its investor warning list, becoming yet another country to warn investors.Sponsored Sponsored The Monetary Authority of Singapore (MAS), the country’s financial regulator, has added Binance to its investor alert list. The list warns investors of companies or firms that “may have been wrongly perceived as being licensed or regulated by MAS.” This is similar to a warning issued by the U.K.’s Financial Conduct Authority. Bloomberg asked the MAS questions about the incident — and it may be