May 4, 2021

PhoenixDAO: Overview of the Payment System

[Featured Content] The inception of blockchain-based solutions has made profound changes to the financial sector. While centralized platforms have rapidly gained ground, owing to their first-mover advantage, Satoshi’s original idea behind a peer-to-peer payment system has finally started to take off with the advent of decentralized finance (DeFi). Today, the total value locked in DeFi...
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China’s Central Bank to Partner With Alibaba’s Ant Group on Digital Yuan

People’s Bank of China and Alibaba Group’s affiliate Ant Group have joined forces to create a platform supporting the central bank digital currency. According to Global Times, PBoC has been working together with Ant and Tencent for the last three years on developing the e-CNY. A Move Towards e-CNY VOA News announced on May 3rd...
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Reef Finance Launches its IDO Platform Called ReefStarter

Reef Finance, the cross-chain DeFi operating system, has launched its platform for initial DEX offerings (IDOs) called ReefStarter. The new product will focus on projects from the decentralized finance space, allowing them to swap tokens cheaply and rapidly. ReefStarter Going Live Describing itself as the “first cross-chain DeFi operating network,” Reef Finance enables traders to...
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Celebrating May The 4th: StarColl NFT Collection Includes Over 800 Star Wars Collectibles

The mania of non-fungible tokens has intertwined with another massively popular trend for the past nearly half a century – Star Wars. Fans of the iconic space franchise will be able to interact with over 800 collectibles built as NFTs called StarColls. May The Force Be With NFTs QANPlatform – a hybrid DLT platform enabling...
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The Reason for Ethereum’s Recent Rally to ATH According to Changpeng Zhao

The head of Binance, Changpeng Zhao, recently gave his comments on the two largest cryptocurrencies – BTC and ETH. According to him, people nowadays need alternative coins for the new type of transactions, which may drive the price of ether up. CZ also predicted that many central bank digital currencies would be very different than...
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Bybit to Launch Cloud Mining to Democratize Ethereum Mining

[Press Release – Singapore, Singapore, 4th May, 2021] SINGAPORE, May 4, 2021 — Cryptocurrency exchange Bybit will launch in May Bybit Cloud Mining, a mining-as-a-service (MaaS) product that gives users instant access to ether (ETH) mining from as little as $100. Democratizing and de-risking crypto mining The relentless growth of cryptocurrencies in recent months has...
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eBay Contemplates Adding Crypto Payment Option on its Platform

Major online marketing platform eBay has revealed that it is considering accepting cryptocurrency as a payment method while also exploring the non-fungible tokens (NFT) industry. eBay Mulling Adding Crypto Payment Option Speaking in a CNBC interview on Monday (May 3, 2021), eBay CEO Jamie Iannone stated that the e-commerce giant is looking at adding other...
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