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Polkadot is attracting a diverse range of blockchain projects, ranging from DeFi all the way to NFTs, digital identity and other use cases. Let's check out the top 8 parachain auction projects on Polkadot.
US financial industry watchdogs, comprised of the OCC, Fed, and FDIC, have released a joint statement on the cryptocurrency industry on Tuesday. The regulators outlined key areas requiring further legislative action in 2022; however, they have not committed to changing existing regulations.
Dogecoin always finds a way to get into the conversation in the cryptocurrency community. This time, Dogecoin became the center of attention after a Twitter spat between Binance CEO Changpeng “CZ” Zhao and Tesla CEO Elon Musk. The exchange of tweets between the two billionaires revolved around Dogecoin-related technical issues at Binance.
Ardana, a decentralized finance hub for the Cardano blockchain, has announced a partnership with NEAR. The goal of the partnership is to establish a bridging infrastructure for transferring assets between the Cardano and NEAR blockchains. As part of the partnership, Ardana also plans to support the NEAR token on its DeFi protocol at a future point in time.
The NFT bubble started with CryptoKitties on the Ethereum network in 2017, and has since grown into a multi-billion dollar industry. NFTs have gained significant traction in the last few months, primarily due to the rise of blockchain-based play-to-earn (P2E) and NFT games but other industries like art, music, content are also an important pillar in the NFT world.
Electric Coin Company (ECC), the main driving force behind the development of the Zcash protocol, has recently published a roadmap outlining their main goals for the period between 2022 and 2025. Arguably the biggest news from the ECC roadmap is that Zcash will most likely be transitioning to a Proof-of-Stake consensus mechanism within the next three years.
TBD, a business unit created by financial services firm Square, has released the first draft of their whitepaper for the tbDEX liquidity protocol. The main idea behind tbDEX is to provide on-ramps and off-ramps that provide an accessible bridge between the worlds of cryptocurrency and fiat currency.
Candao, a social network launchpad platform that intends to develop a new economic prototype by amalgamating the latest technological advancements, with network effects, and people, is surely making some noise in the crypto space. With the above-mentioned integrations adequately, Candao is marching towards unlocking the extreme potential of the crypto community.
As we move through Q4, a number of projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
Binance CEO Changpeng “CZ” Zhao says that the Binance US exchange will likely close a pre-IPO funding round in the coming months. CZ made the comments in an appearance at the Bloomberg New Economy Forum in Singapore, and said that Binance US is looking to raise a “couple hundred million” dollars.
