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  • COTI partners with Cogito Protocol to add Djed to its treasury reserve

    COTI partners with Cogito Protocol to add Djed to its treasury reserve

    Coti announced another Djed partnership, this time with Cogito Protocol, a spin-off from SingularityNET, a multichain, decentralized AI platform. Cogito offers a framework for creating tracercoins, which are new classes of digital assets including a non-fiat pegged stablecoin.

    Cogito will explore the option to create stablecoin trading pairs between DJED and Cogito’s tracercoins, and to include DJED to its treasury reserve, among other assets, in order to maintain the stability of Cogito’s stablecoins.

  • Whale accumulated nearly 19,000 BTC

    Whale accumulated nearly 19,000 BTC

    Blockchain tracking service WhaleStats has shared that in the past 4 hours, an anonymous investor made two transactions, acquiring a cumulative massive amount of Bitcoin from the Huobi exchange.

    The first transaction carrying 9,543 BTC and the other one wiring 9,379 BTC. These transfers were worth $177,627,371 and $175,995,280, respectively.

  • FTX in talks to raise up to $1 billion

    FTX in talks to raise up to $1 billion

    According to a Sept. 21 report from CNBC which cites sources close to the matter, the talks are still ongoing and the details could still be subject to change. If found to be true, the funding amount would keep the FTX’s current valuation of roughly $32 billion intact.

    The potential $1 billion funding round would add to the $400 million FTX raised in January, and could signal strong investor faith in the firm despite the sector undergoing a lengthy crypto winter.

  • BNB Chain, blockchain security firms start AvengerDAO to protect users

    BNB Chain, blockchain security firms start AvengerDAO to protect users

    BNB Chain, a blockchain closely associated with Binance, the world’s largest crypto exchange, has joined hands with leading blockchain security audit firms to start security infrastructure project AvengerDAO.

    AvengerDAO is a collaboration of Web3’s leading security firms and the early adopters of blockchain technology, inlcuding Certik, TrustWallet, PancakeSwap, and Opera.

  • Bitcoin still dominates total payments on BitPay despite the bear market

    Bitcoin still dominates total payments on BitPay despite the bear market

    BitPay’s vice president of marketing Merrick Theobald told that overall BitPay transactions remained stable despite the market decline, with monthly transactions surging from around 58,000 in 2021 to 67,000 transactions in 2022.

    Bitcoin still remains the cryptocurrency most commonly used for transactions on BitPay and makes up more than 50% of all sales on the platform. According to Theobald, that is another evidence that Bitcoin’s payment utility use case — the one originally described by BTC creator Satoshi Nakamoto — is still relevant.

  • Top 06 DeFi platform with the highest TVL

    Top 06 DeFi platform with the highest TVL

    Top 06 DeFi platform with the highest TVL

    $ETH – a decentralized open-source blockchain system acts as a foundation for smart contract execution.
    $TRX – a highly scalable, high-bandwidth blockchain platform.
    $BNB – a blockchain network built for running smart contract-based applications.
    $AVAX – an open-source platform for developing decentralized finance (DeFi) apps, financial products, and transactions, as well as other services.
    $MATIC – a Layer-2 project of the Ethereum blockchain, which helps scale and improve existing problems on the Ethereum network.
    $SOL – a blockchain platform that supports high-performance decentralized applications and smart contracts.

  • Colorado is now accepting tax payments in cryptocurrency

    Colorado is now accepting tax payments in cryptocurrency

    The American state of Colorado now accepts cryptocurrency for tax payments, Gov. Jared Polis announced on Monday. The option is already available on the state Department of Revenue website.

    Colorado tax payments are accepted through the PayPal Cryptocurrency Hub with service fees of $1.00 plus 1.83% of the payment amount. Payments are accepted only from personal accounts in a single cryptocurrency. Businesses cannot pay their taxes via crypto yet.

  • China to extend CBDC trial to most populous province

    China to extend CBDC trial to most populous province

    China’s central bank is to extend the trial of its e-CNY digital currency to four major provinces including Guangdong, the most populous, the South China Morning Post (SCMP) reported Tuesday. The People’s Bank of China (PBOC) will also add Jiangsu, Hebei and Sichuan to the trial.

    As of October last year, around 140 million people had opened e-CNY wallets, and transactions worth 62 billion yuan ($9 billion) were carried out.

  • Nasdaq starts crypto custody service for institutional clients

    Nasdaq starts crypto custody service for institutional clients

    Nasdaq starts crypto custody service for institutional clients

    Nasdaq (NDAQ), the second-largest U.S. stock market operator, is starting a cryptocurrency custody service as it aims to cash in on the demand from institutional crypto investors, according to a press release on Tuesday.

    “Demand among institutional investors for engaging in digital assets has increased in recent years, and Nasdaq is well-positioned to accelerate broader adoption and drive sustainable growth,” Tal Cohen, head of North American markets at Nasdaq, said in the release.

  • My Neighbor Alice announces a new partnership with the ELLE brand

    My Neighbor Alice announces a new partnership with the ELLE brand

    On September 20, My Neighbor Alice announced a multi-year licensing partnership with the Lagardère Group, the owner of the ELLE lifestyle brand. Through the partnership, gamers in My Neighbor Alice will be able to participate in ELLE-branded experiences and quests.

    The partnership also serves as an important example and exploration of how brands can establish themselves in the Web3 metaverse, and will open the door to unique gameplay experiences for the game’s users.