Author Archives: Monika

DJED Stablecoin to Boost DeFi Ecosystems with Ethereum & BSC!

• Cardano’s Djed stablecoin is expanding its reach to Ethereum and Binance Smart Chain (BSC) protocols.
• The stablecoin is tagged as one of the most functional overcollateralized tokens in the Web3.0 world, staying resilient during recent market stress tests.
• Deployment of Ethereum and BSC will unleash the stablecoin to seek more markets beyond the Cardano protocol, aiding its growth as a truly decentralized and interoperable asset.

DJED Stablecoin Expansion

Cardano’s Djed stablecoin is expanding its reach to Ethereum and Binance Smart Chain (BSC). The move seeks to advance broader DeFi ecosystem’s growth by allowing DJED to become a multi-chain token. It is currently considered one of the most functional overcollateralized tokens in the Web3.0 world, having stayed resilient during recent market stress tests.

Design Elements

The resilience of DJED was showcased based on the nature of its design; operating in a decentralized manner, providing trust with claims that can be viewed on-chain unlike other stablecoins whose reserve are obscure from users.

Reaching Further Markets

Deployment of Ethereum and BSC will allow DJED to seek further markets beyond the Cardano protocol, aiding its growth as a truly decentralized and interoperable asset. This could result in an increased trading volume for DJED if it continues to remain resilient during any future market stress tests or collapses.

Advancing DeFi Ecosystem Growth

As well as being reliable and stable, DJED seeks to advance broader DeFi ecosystem’s growth through becoming a multi-chain token which could open up new investment opportunities for those interested in this sector due to wider accessibility across different platforms/blockchains/ecosystems than before.

Conclusion

By expanding its reach across multiple blockchains such as Ethereum and Binance Smart Chain (BSC), DJED hopes to unlock further markets for itself while also advancing broader DeFi ecosystem’s growth through becoming a multi-chain token – creating more reliable and stable investments for those interested in this sector due to wider accessibility across different platforms/blockchains/ecosystems than before.

Crypto Needs to De-Risk: Cardano Founder Urges Abandoning Banks

• Charles Hoskinson, the founder of Cardano, recently urged for crypto to de-risk itself from banks amid ongoing crisis.
• This came after US regulators specifically targeted crypto-friendly banks and their actions had potential implications for the crypto industry.
• Despite facing challenges from regulators, cryptocurrency continues to grow as a result of its resilience and demand for decentralised alternatives.

Crypto Needs to De-risk

Charles Hoskinson, the founder of Cardano, has recently called for crypto to break free from unstable and volatile banks in order to de-risk itself amid the ongoing crisis. The call comes as many speculate that US regulators have been targeting crypto-friendly banks.

Cryptocurrency Market Showing Resilience

Despite all this, the cryptocurrency market has shown strong resilience with Bitcoin and altcoins delivering a strong rally. Bitcoin’s surge past $25,000 has got everyone talking about BTC emerging as a beacon of hope when traditional systems are failing. Not only Bitcoin but other altcoins are doing extremely well too.

Banks at Risk of Digitising Securities

Responding to these recent developments in a tweet earlier today (March 15th), Hoskinson said that it’s about time that crypto breaks free from the unstable and volatile banks adding that banks would suffer the moment we digitize securities.

Challenges Re-Establishing Crypto Connections with Banks

However, it’s easier said than done considering crypto is facing challenges in re-establishing its connection with the banking system. Several crypto companies have reported that it’s getting much tougher to find banks willing to offer services to crypto firms due to increasing regulation on digital assets by governments worldwide.

Growing Demand for Decentralized Systems

The growing demand for decentralized systems is helping cryptocurrencies continue to grow despite all odds they face from regulators over the years. As traditional financial systems fail to deliver, there’s an increasing push towards decentralized alternatives which will reduce an individual’s reliance on centralized authorities such as banks or governments while also providing more control over their money and investments

6 Million African Women Empowered Through Free Web3 and Metaverse Education

• Unstoppable Women of Web3 (Unstoppable WoW3) is launching an initiative to provide Web3 and metaverse education for six million African women over the next five years.
• The initiative is launching in partnership with 19+ companies, including Unstoppable Domains, who will expand access to user-owned digital identities through free Unstoppable domains.
• To meet this commitment, the partner organizations will offer Web3 and metaverse education via a wide assortment of educational streams, programs, learning materials, in-person events, and online courses.

Unstoppable Women of Web3 Initiative

Unstoppable Women of Web3 (Unstoppable WoW3), a diversity and education group on a mission to equalize the playing field in Web3, today announced a commitment to providing Web3 and metaverse education for six million women in Africa over the next five years. The initiative is launching in partnership with 19+ companies including Unstoppable Domains.

Free Digital Identities

As a first step towards their goal of onboarding six million women in Africa to Web3 and the metaverse, Unstoppable Women of Web3 and Unstoppable Domains will expand access to user-owned digital identity through free Unstoppable domains, which people can claim for the next 30 days. These domains give users ownership of their identity data – allowing them to create a portable, user-owned reputation across Web3 and the metaverse.

Partner Organizations

The partner organizations will offer Web

Serenity Shield & Contentra Transform Digital Content Storage with Blockchain

• Serenity Shield Labs has partnered with Contentra Technologies to store archival content using web3.
• The partnership will expand the services Contentra can offer its clients and enable Serenity Shield to tap into a new market while showcasing a practical application for web3.
• This alliance is the first large-scale B2B partnership for Serenity Shield and paves the way for the implementation of its web 2.5 positioning.

Serenity Shield Partners With Contentra Technologies

Serenity Shield Labs, a digital asset specialist, has announced a partnership with educational publisher Contentra Technologies to store archival content using web3. Contentra provides conversion, preservation and development services for national libraries, educational publishers and other organizations. Through this collaboration, customers of Contentra can now upload their digitized data into blockchain-based archives with unmatched storage volumes and security levels enabled by intelligent data retrieval processes.

Expanding Services

The partnership will expand the services that Contentra can offer its customers downstream of the value chain. Until now, it already offered solutions for mass content conversion and transformations from legacy or born-digital formats such as hard copy, images and PDFs. Now customers are able to utilize Serenity’s web3 technology to store their documents permanently in an advanced manner compared to traditional servers or clouds.

First Large-Scale B2B Partnership

This alliance marks the first large-scale B2B partnership between Serenity Shield and another company, opening up opportunities for them to implement their web 2.5 positioning which was affirmed in 2022 when they released their StrongBox beta version product. Furthermore, it allows them to showcase a practical application of their technology in real life scenarios instead of just theoretical implementations which may not be feasible in practice yet due to technological limitations or cost constraints.

Data Monetization Enabled

The different technological bricks used guarantee more advanced data storage than traditional methods with increased security levels embedded within intelligent data retrieval processes enabling data monetization through blockchain-based archives provided by Serentiy Shield’s technology solution called “Strongbox” which is still undergoing further development before being fully commercialized worldwide during H1 2023 after betatesting it during 2022 . This collaboration is also expected to help unlock additional revenue streams for both companies involved in this initiative .

Statement from Shiva Kumar Saik

Shiva Kumar Saik , Founding Director at Contentra Technologies commented on the announcement saying “We are very excited about this collaboration as our customers will now have access to blockchain based archives at unparalleled storage volumes combined with enhanced security measures all made possible through intelligent data retrieval processes”

Dogecoin Pumped 6.6% After Elon Musk’s Tweet, Shiba Inu Up Too

• Elon Musk recently tweeted about Dogecoin (DOGE) and Shiba Inu which caused the prices of both assets to surge.
• According to a Blockchain Research Lab study, there is an average 3 percent price range for each of the 47 events after a tweet by Musk.
• Following his tweet, Dogecoin responded with a 6.6 percent increase while Shiba Inu surged by 2.5 percent.

Elon Musk’s Influence on Dogecoin

Twitter CEO Elon Musk has been linked to several price surges of Dogecoin (Doge) after his tweets triggered speculations among investors. Just recently, Musk has come up with another tweet, causing a fair increase in the price of the meme coin in the last 24 hours. According to a Blockchain Research Lab study on the effect of Elon Musk’s moves on cryptos, there was an average 3 percent price range for each of the 47 events after a tweet by Musk. Following his most recent tweet, Dogecoin responded with a 6.6 percent sharp increase while Shiba Inu surged by 2.5 percent.

Musk’s Tweet

In what is believed to be an apparent joke, Musk Tweeted: „High time I confessed I let the Doge out.“ There was an image attached to the post with the inscription „It was me, I let the dogs out.“ There was also a follow-up tweet where he wrote „Fact check me @CommunityNotes.“ Some users believe that this could have been referring to some new feature introduced to Twitter as Community Notes posted that they would be giving people extra context on any tweets they liked or retweeted from then onwards.

45-Minute Price Spike

The study further observed that whenever there is an immediate and large spike in price, there is another 45-minute price spike that follows afterwards. The 24-hour move of Dogecoin has been within ranges of $0.0832 and $0.0872 and it did not test its key resistance level at $0.09 before recording its first retracement as seen in its chart data.

DogeCoin Price Range After Tweet

Before Elon Musk’s most recent tweet about DOGE and SHIB, their respective prices were around $0.0787 and $1 respectively but following his tweet their prices have risen significantly; DOGE rose by 6..6% while SHIB rose by 2..5%. This indicates that Elon Musks tweets have considerable influence over DOGE and SHIB investors as well as their respective prices in market trends

Conclusion

Overall it can be concluded that when it comes to cryptocurrency investments such as DOGE and SHIB ,the influence of Silicon Valley mogul Elon musk cannot go unnoticed . His tweets are often seen having significant effects on these crypto assets’s prices; hence traders must always remain vigilant when monitoring their investments

Sony, Astar Network Launch Web3 Incubation Program for NFTs, DAOs

– Sony Network Communications and Astar Network are collaborating to nurture Web3 projects focused on the utility of NFTs and DAOs.
– The Web3 incubation program by Sony and Astar networks will begin accepting applications on February 17 and run from mid-March to mid-June.
– Sony and Astar will collaborate with Startale Labs, a Singapore-based blockchain company.

Sony Network Communications Partners With Astar Network

Sony Network Communications, inc., an operating company of the Sony Group, has announced plans to co-host a Web3 Incubation Program with Astar Network, the smart contract platform for multi-chain capabilities.

Aim of The Partnership

The aim of the partnership is to combine their resources and expertise in order to nurture Web3 projects focused on the utility of NFTs and DAOs.

Web3 Incubation Program Details

The incubation program will begin accepting applications on February 17th and run from mid-March to mid-June. During this time period, Sony Network Communications and Astar Networks will review submissions before selecting 10 to 15 best projects for incubation.

Collaborating With Startale Labs

Sony and Astar also plan to collaborate with Startale Labs, a Singapore based blockchain company during the incubation period. Sota Watanabe, CEO of Startale Labs discussed how thrilled he is about launching this project: “We are pleased to launch the Web3 incubation program with Sony Network Communications… We hope to share the knowledge and resources of both companies…“

Conclusion

Overall, this strategic partnership between Sony Network Communications and Astar Networks marks an important milestone in mainstream adoption of blockchain technology. By providing resources for upstart Web3 businesses through its incubation program, these two companies have opened up more opportunities for growth within this industry.

SEC Member Slams SEC Attack on Staking and Crypto Firms as Wrong

• The US Securities and Exchange Commission (SEC) has recently launched an attack on crypto exchange Kraken, forcing them to halt their staking program and pay a $30 million fine.
• The Washington DC-based Blockchain Association of over 100 crypto companies has responded by stating that the SEC’s action is part of the ongoing attack on the industry.
• SEC Commissioner Hester Peirce has criticized the agency’s actions, noting that it risks driving innovation offshore and taking away online freedoms from individual users.

SEC Attack on Crypto Exchange Kraken

The US Securities and Exchange Commission (SEC) has recently launched an attack on crypto exchange Kraken, forcing them to halt their staking program and pay a $30 million fine for failing to go through the necessary registration process.

Blockchain Association’s Response

The Washington DC-based Blockchain Association of over 100 crypto companies has issued a statement in response to this action, claiming that it is part of the ongoing attack on the industry. The Association believes that this decision affects the potential of public blockchain networks in the country and wants lawmakers in Congress to help prevent these attacks from happening again.

Criticism From SEC Commissioner

SEC Commissioner Hester Peirce has also criticized the agency’s actions against US crypto companies, noting that it risks driving innovation offshore and taking away online freedoms from individual users. She believes that only Congress should determine appropriate legislation for this new technology instead of regulators enforcing their own rules.

Potential Impact On Crypto Sector

Many believe that a victory for the SEC against Ripple Labs could spell doom for the entire crypto sector due to its implications on other projects as well. This makes these recent attacks concerning since they could potentially weaken or even destroy various blockchain networks if they are not properly regulated or taken care off by Congress.

Conclusion

Overall, these latest developments demonstrate how important it is for Congress to get involved in setting up proper policies for both exchanges as well as individual users so that everyone may benefit from decentralized networks without fear of being penalized by regulators or having their online freedoms taken away from them.

Crypto-Friendly Dexterbet Casino: Your Way to Fair Online Gambling!

• Dexterbet is a new crypto-friendly casino that offers a variety of gambling products in a user-friendly setting.
• Cryptocurrency has become very popular for online gaming, offering higher levels of anonymity and faster, cheaper transactions.
• The decentralized blockchain technology associated with cryptocurrencies also provides an extra layer of fairness and transparency.

Introduction to Dexterbet Online Casino

Dexterbet is a new crypto-friendly casino offered by Versus Odds B.V. casinos company. The brand has a license that is governed by Curaçaoan law. As a casino that accepts cryptocurrencies, we recognize Dexterbet as a bright new shining star in the world of gambling and betting with a stellar future ahead. Dexterbet’s revolutionary casino features are clear and with a vibrant appearance. Additionally, it provides a variety of categories for the enjoyment of all kinds of players. You can choose from a vast variety of high-quality gambling products at Dexterbet Casino. This fantastic platform offers a huge selection of casino games in a welcoming, user-friendly setting. This platform has a live casino feature as well, making it a great option for any casino enthusiast.

Cryptocurrency and Online Casinos: A Perfect Match

Cryptocurrency has grown tremendously in popularity in recent years. Cryptocurrencies like Bitcoin and Ethereum have evolved from their humble origins as niche technology supported by tech enthusiasts to becoming popular and permeating a wide range of sectors. In the realm of online gaming and casinos, cryptocurrency has one of the most exciting uses. Online gaming and cryptocurrencies go together beautifully in many ways—providing numerous advantages to players who use them for deposits or withdrawals on their favourite online casinos websites or platforms such as Dextebet Casino .

Benefits Of Using Cryptocurrencies For Online Gambling

The anonymity provided by using cryptocurrencies when playing online games is one major benefit that draws many players to this method over traditional payment methods which may require disclosure personal information or financial details which may be at risk if hacked or stolen.. Another major advantage when using cryptocurrency for online gambling is the speediness and effectiveness of transactions which are usually completed within minutes compared to other slower more costly methods which may take days or incur fees while being processed.. Additionally cryptos offer an extra layer of trustworthiness due to their decentralized blockchains allowing playersto monitor every transaction made through these public logs providing greater fairness and transparency than other payment methods..

Conclusion

In conclusion cryptocurrency allows players to enjoy better security when making payments on online platforms alongside faster cheaper transactions with added layers offairnessand transparency due to its decentralized blockchain technology making it the perfect match for any serious gambler lookingfor maximum benefits when engagingin digital payments.. With all these advantages combined it’s no wonder why so many gamblers prefer usingcryptocurrencies over traditional payment methods on their favoriteonline casinos likeDexterbet Casino .

Trade Global Digital Cluster Coin (GDCC) on LBank Exchange: Unlock Cutting-Edge Technology Now!

• Global Digital Cluster Coin (GDCC) is now available for trading on LBank Exchange
• GDCC is a new-age protocol that caters to Web3.0 services and community-driven technology
• The protocol is open to all, allowing anyone with an internet connection to access the system

The global digital asset trading platform, LBank Exchange, recently announced the listing of Global Digital Cluster Coin (GDCC) on January 27, 2023. With the launch of the GDCC/USDT trading pair, users of LBank Exchange now have access to the cutting-edge technology of the GDCC protocol.

Global Digital Cluster Coin (GDCC) is a new-age protocol that is designed to meet the needs of Web3.0 services and community-driven technology. It allows users to build their own decentralized apps and wallets, deploy and execute smart contracts, and create a wide range of applications. GDCC also serves as a hub for digital assets, international payments, and applications.

Because the protocol is open to all, anyone in the world with an internet connection can access the system at any time. As a peer-to-peer network, GDCC eliminates the need for intermediaries. This means that no entity or institution can impose restrictions on the process of receiving payments or using on-chain services.

The listing of GDCC on LBank Exchange is a major milestone for the protocol and will help to further expand its global reach. With the listing, users of LBank Exchange will be able to benefit from the cutting-edge technology of the GDCC protocol, allowing them to make international payments, build decentralized applications, deploy and execute smart contracts, and create a wide range of applications.

The listing of GDCC on LBank Exchange is just the beginning for the protocol, and with its new-age technology, GDCC has the potential to transform various industries and allow people to adopt crypto assets. With the listing of GDCC on LBank Exchange, users can now take advantage of the cutting-edge technology of the protocol and benefit from its various applications.

LBank Exchange Lists SSM to Revolutionize EV Industry on Jan 27!

• LBank Exchange will list Speed Service Mobility (SSM) on January 27, 2023.
• Speed Service Mobility (SSM) is a project that aims to revolutionize the Electric Vehicle (EV) industry.
• SSM’s native token SSM will be listed on LBank Exchange at 7:00 UTC on January 27, 2023.

LBank Exchange, a global digital asset trading platform, recently announced its plans to list Speed Service Mobility (SSM) on January 27, 2023. SSM is an innovative project that uses blockchain technology to revolutionize the Electric Vehicle (EV) industry.

SSM has four core visions that they are striving to achieve. Firstly, they want to solve the issue of the shortage of EV chargers by converting existing personal chargers into shared chargers. This will enable users in the EV ecosystem to form a shared community together. Additionally, in order to prevent the monopolization of chargers, monetary compensation or royalties based on token economics are given to guide users to make positive changes and construct an autonomous EV infrastructure. Furthermore, the chargers operated/managed by different charging operators can be organically linked with each other, and these smart chargers are equipped with an internet connection and AI-based management. Finally, SSM wants to build an open platform for EV owners, where they can conveniently access all the services related to EVs such as charging, game, NFT, and more.

In order to fulfill its mission, SSM will be listed on LBank Exchange at 7:00 UTC on January 27, 2023. This will help SSM to further expand its global reach and achieve its vision. The SSM/USDT trading pair will be officially available for trading at 7:00 UTC on January 27, 2023.

The listing of SSM on LBank Exchange is an exciting development for the EV industry and will help to further accelerate the growth of the sector. With the help of LBank Exchange, SSM will be able to access a wider audience and provide a more comprehensive service for EV owners.