Archives: Fast News

  • Asset management giant GoldenTree discloses $5.2 million investment in SushiSwap

    Asset management giant GoldenTree discloses $5.2 million investment in SushiSwap

    GoldenTree has invested about $5.2 million the SushiSwap governance token, the asset management giant said in a SushiSwap forum announcement on Wednesday.

    The company, which has about $47 million in assets under management, said it had been following Sushi for a while and with the start-up of its crypto-focused GoldenChain Asset Management arm, was psyched to be more active in all things Sushi.

  • Acala restores full operations after users ‘error minted’ 3 billion aUSD

    Acala restores full operations after users ‘error minted’ 3 billion aUSD

    Polkadot’s DeFi-focused parachain Acala announced on Wednesday that it has fully reopened its services to users three weeks after a major security incident. This comes after its governance body approved the third and final vote to do so.

    A series of community governance votes have been passed, such that all liquidity pools are now re-capitalized and rebalanced, and all aUSD in circulation are now fully collateralized, according to Bette Chen, co-founder of Acala.

  • NEAR Protocol partners with Google Cloud to support Web3 devs

    NEAR Protocol partners with Google Cloud to support Web3 devs

    NEAR Protocol partners with Google Cloud to support Web3 devs

    Near Foundation has announced a new partnership between Google Cloud and Near Protocol, providing infrastructure for Near’s Web3 startup platform, Pagoda.

    In a statement, Google Cloud director of digital assets Carlos Arena said his company’s infrastructure will allow Near developers a means to “build and scale,” and said the company will continue to support “new products and services on blockchain-based platforms.”

  • European Parliament members vote in favor of crypto and blockchain tax policies

    European Parliament members vote in favor of crypto and blockchain tax policies

    Members of the Parliament of the European Union voted in favor of a non-binding resolution aimed at using blockchain to fight tax evasion and coordinate tax policy on cryptocurrencies.

    According to the legislative body, the resolution recommended authorities in its 27 member states consider a “simplified tax treatment” for crypto users involved in occasional or small transactions and have national tax administrations use blockchain technology “to facilitate efficient tax collection.”

  • BNB Chain welcomes Pyth feeds live on mainnet

    BNB Chain welcomes Pyth feeds live on mainnet

    BNB Chain announced that it has entered into a partnership with Pyth Network that is set to benefit the broader ecosystem.

    The move will provide high-quality real-time market data for crypto feeds available via Pyth Network. The move ensures more accurate and quality data that people can draw from in a myriad of ways.

  • Rewards Program 16,500 ONUS

    Rewards Program 16,500 ONUS

    ONUS Chain announced a new Airdrop Campaign starting from 05:00 AM UTC on Oct.6 to 05:00 AM UTC on Oct.11. By participating in the program, users will have an opportunity to receive attractive rewards:

    – 15,000 ONUS to 3000 lucky people who complete all steps
    – 1000 ONUS to top 20 referrers
    – 500 ONUS to the first 500 people who refer at least 5 friends to the Airdrop

    Enter information to receive rewards: https://bit.ly/3ROk1HW.

  • TON Network launches Telegram wallet bot for P2P crypto trading

    TON Network launches Telegram wallet bot for P2P crypto trading

    The Wallet Bot launched in April, allowing Telegram users to buy Toncoin (TON) and send it within chat messages. The latest update will allow sales of cryptocurrencies between users through the Telegram app, with the exchange services acting as guarantors for each transaction.

    The service is pitched as offering “anonymous P2P deals,” however, users must share their mobile phone number with the bot in order to deposit, exchange or purchase crypto.

  • ONUS Chain x RICE Wallet: Strategic Partnership Announcement

    ONUS Chain x RICE Wallet: Strategic Partnership Announcement

    Aiming to provide the best experience for the community in the Decentralized Finance and Web3 space, ONUS Chain has officially announced a strategic partnership with RICE Wallet.

    The cooperation between ONUS Chain and RICE Wallet will provide a convenient and fast experience for users when participating in the ecosystem and Dapps built on ONUS Chain.

    Find out more: https://bit.ly/3T1QVpc

  • Bitcoin pushes $20,000 as BTC supply on exchanges lowest since Nov 2018

    Bitcoin pushes $20,000 as BTC supply on exchanges lowest since Nov 2018

    According to crypto analytics platform Santiment, Bitcoin continues to see its supply rapidly move away from exchanges. This basically indicates that traders are showing more signs of being “satisfied with their current holdings”.

    As a result of this trend, less than 9% of BTC is now live on exchanges for the first time since 2018. Hinting at a new wave of traders’ confidence heading into Q4 is the fact that investors moved 34,723 BTC out of centralized exchanges on September 30th alone.

  • Japan to invest in metaverse and NFT expansion

    Japan to invest in metaverse and NFT expansion

    Japan to invest in metaverse and NFT expansion

    Japan’s Prime Minister Fumio Kishida said in a policy speech on Monday that the country’s plans for investing in digital transformation include non-fungible tokens (NFT) and metaverse services.

    In his speech to Japan’s parliament, Kishida said the country will continue to focus on “supporting the social implementation of digital technology” and will “promote efforts to expand the use of Web3 services that utilize the metaverse and NFTs.”