Polkadot (DOT) to release the feature that enables to send tokens across parachains
Polkadot has introduced a cross-chain messaging system called XCM that will facilitate the movement of data and crypto assets across the Polkadot ecosystem. XCM is a token messaging format facilitating the exchange of assets across Polkadot's parachains. It allows parachain users and developers to exchange data and crypto assets between them.
👉🏻 theblockcrypto.com/post/144989/polkadot-now-lets-you-natively-send-tokens-across-parachains
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Polkadot has introduced a cross-chain messaging system called XCM that will facilitate the movement of data and crypto assets across the Polkadot ecosystem. XCM is a token messaging format facilitating the exchange of assets across Polkadot's parachains. It allows parachain users and developers to exchange data and crypto assets between them.
👉🏻 theblockcrypto.com/post/144989/polkadot-now-lets-you-natively-send-tokens-across-parachains
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IOST (IOST) has announced the upcoming launch of its native stablecoin
IOST Foundation sets to launch a decentralized algorithmic stablecoin that will ensure the authenticity of oracle price feeds, manage scarcity to ensure price stability & deal with deflationary costs, and design a short-term price arbitrage model to reduce short-term price volatility. The IOST team will put in more funding and resources focusing on gaining wider attention to IOST’s multi-chain ecosystem and making IOST’s algorithmic stablecoin well-known as a higher annualized interest rates and lower-risk coin against its competitors.
👉🏻 medium.com/iost/iost-sets-to-launch-a-decentralized-algorithmic-stablecoin-abf9faacf7ba
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IOST Foundation sets to launch a decentralized algorithmic stablecoin that will ensure the authenticity of oracle price feeds, manage scarcity to ensure price stability & deal with deflationary costs, and design a short-term price arbitrage model to reduce short-term price volatility. The IOST team will put in more funding and resources focusing on gaining wider attention to IOST’s multi-chain ecosystem and making IOST’s algorithmic stablecoin well-known as a higher annualized interest rates and lower-risk coin against its competitors.
👉🏻 medium.com/iost/iost-sets-to-launch-a-decentralized-algorithmic-stablecoin-abf9faacf7ba
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Project Galaxy (GAL) will be listed on Binance, Huobi Global, KuCoin and FTX today, on May 5th
Trading for $GAL token will be live on Binance, Huobi Global, KuCoin and FTX today, on May 5th, at 12:00 UTC. Project Galaxy is a Web3 credential data network, built on open and collaborative infrastructure. Project Galaxy helps Web3 developers and projects leverage digital credential data and NFTs to build better products and communities.
👉🏻 kucoin.com/news/en-step-app-gets-listed-on-kucoin
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Trading for $GAL token will be live on Binance, Huobi Global, KuCoin and FTX today, on May 5th, at 12:00 UTC. Project Galaxy is a Web3 credential data network, built on open and collaborative infrastructure. Project Galaxy helps Web3 developers and projects leverage digital credential data and NFTs to build better products and communities.
👉🏻 kucoin.com/news/en-step-app-gets-listed-on-kucoin
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GUCCI has announced the implementation of crypto payments in its US Retail Stores
Gucci has rolled out the crypto payment mechanism at flagship stores in the U.S., with plans to expand the service to its directly operated North America stores in the near future. The company will expand the payment mechanism across North America by converting crypto into fiat currency.
👉🏻 coindesk.com/business/2022/05/05/gucci-to-accept-crypto-in-some-us-retail-stores-report/
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Gucci has rolled out the crypto payment mechanism at flagship stores in the U.S., with plans to expand the service to its directly operated North America stores in the near future. The company will expand the payment mechanism across North America by converting crypto into fiat currency.
👉🏻 coindesk.com/business/2022/05/05/gucci-to-accept-crypto-in-some-us-retail-stores-report/
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Coin of the day by social activity - Anchor Protocol (ANC).
5 May 2022
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5 May 2022
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Top Projects with Market Capitalization under $5M
5 May 2022
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5 May 2022
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Forward Protocol (FORWARD) has formed a partnership with BlockWallet (BLANK)
Forward Protocol has announced a strategic partnership with BlockWallet, a blockchain privacy and security service provider. This partnership will integrate BlockWallet’s blockchain privacy and security solution into the suite of decentralized products and services available on Forward Factory. Forward Protocol is the framework of customizable smart contracts, Web 3.0 toolkits, and digital asset management applications.
👉🏻 forwardprotocol.medium.com/forward-protocol-x-blockwallet-partnership-upholding-safety-and-privacy-standards-in-the-a5d340490729
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Forward Protocol has announced a strategic partnership with BlockWallet, a blockchain privacy and security service provider. This partnership will integrate BlockWallet’s blockchain privacy and security solution into the suite of decentralized products and services available on Forward Factory. Forward Protocol is the framework of customizable smart contracts, Web 3.0 toolkits, and digital asset management applications.
👉🏻 forwardprotocol.medium.com/forward-protocol-x-blockwallet-partnership-upholding-safety-and-privacy-standards-in-the-a5d340490729
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Sequoia Capital, Binance, and a16z have participated in Musk’s Twitter acquisition
Binance committed $500M, while venture capital firm Sequoia Capital committed $800M to finance Elon Musk's $44B takeover of social media platform Twitter. Around $7.1B has been committed by 19 different parties with investment firm Fidelity putting aside $316M for the takeover.
👉🏻 coindesk.com/business/2022/05/05/binance-commits-500m-for-elon-musks-takeover-of-twitter/
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Binance committed $500M, while venture capital firm Sequoia Capital committed $800M to finance Elon Musk's $44B takeover of social media platform Twitter. Around $7.1B has been committed by 19 different parties with investment firm Fidelity putting aside $316M for the takeover.
👉🏻 coindesk.com/business/2022/05/05/binance-commits-500m-for-elon-musks-takeover-of-twitter/
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Top Projects with Fully Diluted Market Cap under $1B - $5B
5 May 2022
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5 May 2022
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Project Galaxy (GAL) will be listed on Coinbase & Coinbase Pro today, on May 5th
Trading for $GAL token will be available on Coinbase & Coinbase Pro on May 5th, on or after 16:00 UTC if liquidity conditions are met. Inbound transfers for this asset are now available. Project Galaxy helps Web3 developers and projects leverage digital credential data and NFTs to build better products and communities.
👉🏻 twitter.com/coinbaselisting/status/1522216544331132930
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Trading for $GAL token will be available on Coinbase & Coinbase Pro on May 5th, on or after 16:00 UTC if liquidity conditions are met. Inbound transfers for this asset are now available. Project Galaxy helps Web3 developers and projects leverage digital credential data and NFTs to build better products and communities.
👉🏻 twitter.com/coinbaselisting/status/1522216544331132930
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Total Value Locked (TVL) in Optimism Ecosystem
5 May 2022
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5 May 2022
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NFTrade (NFTD) has announced a partnership with Polygon Studios
NFTrade has partnered with Polygon Studios, the Gaming and NFT arm of Polygon focused on growing the global Blockchain Gaming and NFT industry and bridging the gap between Web 2 and Web 3 through investment, marketing, and developer support. NFTrade is a decentralized multi-chain and blockchain-agnostic NFT platform.
👉🏻 twitter.com/polygonstudios/status/1522208789893636096
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NFTrade has partnered with Polygon Studios, the Gaming and NFT arm of Polygon focused on growing the global Blockchain Gaming and NFT industry and bridging the gap between Web 2 and Web 3 through investment, marketing, and developer support. NFTrade is a decentralized multi-chain and blockchain-agnostic NFT platform.
👉🏻 twitter.com/polygonstudios/status/1522208789893636096
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Step APP (FITFI) will be listed on the KuCoin exchange tomorrow, on May 6th
Trading for FITFI/USDT trading pair will be live on KuCoin, on May 6th, at 8:00 AM UTC. Deposits are now open and withdrawals will open on May 7th, at 10:00 AM UTC. Step App is a protocol for FitFi, the next frontier in crypto adoption. The first project built on this protocol is a gamified step app.
👉🏻 kucoin.com/news/en-step-app-gets-listed-on-kucoin
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Trading for FITFI/USDT trading pair will be live on KuCoin, on May 6th, at 8:00 AM UTC. Deposits are now open and withdrawals will open on May 7th, at 10:00 AM UTC. Step App is a protocol for FitFi, the next frontier in crypto adoption. The first project built on this protocol is a gamified step app.
👉🏻 kucoin.com/news/en-step-app-gets-listed-on-kucoin
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Cometh has raised $10M in its funding round to boost blockchain game adoption
Cometh, a French blockchain gaming platform has closed its $10M funding round with investors from White Star Capital, Stake Capital, Serena, Shima Capital, and IDEO CoLab Ventures. Raised capital in the seed round will be used for the further development of future Cometh games and the deployment of its blockchain software suite in the videogame industry.
👉🏻 medium.com/cometh/cometh-raises-10-million-to-boost-blockchain-adoption-in-video-games-e8340aa86737
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Cometh, a French blockchain gaming platform has closed its $10M funding round with investors from White Star Capital, Stake Capital, Serena, Shima Capital, and IDEO CoLab Ventures. Raised capital in the seed round will be used for the further development of future Cometh games and the deployment of its blockchain software suite in the videogame industry.
👉🏻 medium.com/cometh/cometh-raises-10-million-to-boost-blockchain-adoption-in-video-games-e8340aa86737
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LootRush has announced a closure of its $12M seed round led by Paradigm
LootRush, a Steam-like platform for blockchain games, has raised $12M in a seed round led by Paradigm with participation from Andreessen Horowitz (a16z), Y Combinator, Dapper Labs, Brex founders, and a group of angel investors, including the founders of Axie Infinity, Plaid, Wildlife Studios, The Chainsmokers, and Vivi Nevo. The blockchain-agnostic platform also offers NFT rentals for gameplay, which cuts the cost for a new gamer and earns yield for the NFT owner.
👉🏻 blog.lootrush.com/lootrush-secures-12m-seed-round-b123cc6d8f91
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LootRush, a Steam-like platform for blockchain games, has raised $12M in a seed round led by Paradigm with participation from Andreessen Horowitz (a16z), Y Combinator, Dapper Labs, Brex founders, and a group of angel investors, including the founders of Axie Infinity, Plaid, Wildlife Studios, The Chainsmokers, and Vivi Nevo. The blockchain-agnostic platform also offers NFT rentals for gameplay, which cuts the cost for a new gamer and earns yield for the NFT owner.
👉🏻 blog.lootrush.com/lootrush-secures-12m-seed-round-b123cc6d8f91
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Luna Foundation Guard has acquired $1.5B in Bitcoin to bolster stablecoin reserve
The Luna Foundation Guard has announced the acquisition of $1.5B in Bitcoin to bolster the reserves of its most popular stablecoin, known as U.S. Terra. The reserve now holds about $3.5B in $BTC, which puts the UST Forex Reserve in the top 10 Bitcoin holders in the world. It also holds north of $100M in Avalanche.
👉🏻 cnbc.com/2022/05/05/luna-foundation-guard-bolsters-stablecoin-reserve-by-raising-1point5-billion-in-bitcoin.html
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The Luna Foundation Guard has announced the acquisition of $1.5B in Bitcoin to bolster the reserves of its most popular stablecoin, known as U.S. Terra. The reserve now holds about $3.5B in $BTC, which puts the UST Forex Reserve in the top 10 Bitcoin holders in the world. It also holds north of $100M in Avalanche.
👉🏻 cnbc.com/2022/05/05/luna-foundation-guard-bolsters-stablecoin-reserve-by-raising-1point5-billion-in-bitcoin.html
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InfiniGods has announced the closure of its $9M funding round led by Pantera
InfiniGods, a blockchain-based game development studio, has raised $9M in its funding round led by Pantera Capital. Additional participants include Framework Ventures, Jefferson Capital, Animoca Brands and Double Peak. The startup intends to use the seed funding to publish three games in 2022 that include NFTs with in-game utility in addition to developing a governance token.
👉🏻 theblockcrypto.com/linked/145161/blockchain-gaming-startup-infinigods-raises-9-million-in-round-led-by-pantera
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InfiniGods, a blockchain-based game development studio, has raised $9M in its funding round led by Pantera Capital. Additional participants include Framework Ventures, Jefferson Capital, Animoca Brands and Double Peak. The startup intends to use the seed funding to publish three games in 2022 that include NFTs with in-game utility in addition to developing a governance token.
👉🏻 theblockcrypto.com/linked/145161/blockchain-gaming-startup-infinigods-raises-9-million-in-round-led-by-pantera
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Zora has raised $50M in a seed funding round led by Haun Ventures
Zora, an NFT platform, has raised $50M in a seed funding led by Haun Ventures with participation of Coinbase Ventures and Kindred Ventures, and it values Zora at $600M. Zoro’s NFT protocol is publicly available and focuses on providing accessible tools to create NFT collections and independent marketplaces for prospective artists and businesses.
👉🏻 coindesk.com/business/2022/05/05/katie-hauns-new-crypto-fund-leads-50m-raise-for-nft-protocol-zora
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Zora, an NFT platform, has raised $50M in a seed funding led by Haun Ventures with participation of Coinbase Ventures and Kindred Ventures, and it values Zora at $600M. Zoro’s NFT protocol is publicly available and focuses on providing accessible tools to create NFT collections and independent marketplaces for prospective artists and businesses.
👉🏻 coindesk.com/business/2022/05/05/katie-hauns-new-crypto-fund-leads-50m-raise-for-nft-protocol-zora
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Biswap (BSW) & Fusion (FSN) will be listed on the KuCoin today, on May 6th
Trading for BSW/USDT trading pair will be live on KuCoin, on May 6th, at 9:00 AM UTC and for FSN/USDT trading pair, at 10:00 AM UTC! Deposits for $BSW & $FSN tokens are already open and withdrawals will open on May 7th, at 10:00 AM UTC. Biswap is the first decentralized exchange platform on the BNB chain. Fusion is a public blockchain specially for finance web3.0.
👉🏻 kucoin.com/news/categories/listing
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Trading for BSW/USDT trading pair will be live on KuCoin, on May 6th, at 9:00 AM UTC and for FSN/USDT trading pair, at 10:00 AM UTC! Deposits for $BSW & $FSN tokens are already open and withdrawals will open on May 7th, at 10:00 AM UTC. Biswap is the first decentralized exchange platform on the BNB chain. Fusion is a public blockchain specially for finance web3.0.
👉🏻 kucoin.com/news/categories/listing
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