Gelato Network launches ‘G-UNI’ Uniswap v3 management token

While Uniswap’s highly-touted v3 has been racing to the top of TVL charts as of late, the need for active management has kept some retail participants out of their pools — a problem that a new product from the Gelato Network is aiming to fix.  First teased in a community call last week, the Gelato Network has released today the details of their “G-UNI” Uniswap v3 management system. G-UNI aims to perpetually maintain a liquidity range of 5-10% within the current price of an asset pair, with an oracle network…

Wedbush Will Use Paxos Network to Settle Stocks

Share this article Paxos welcomes another big player.  Wedbush Joins Blockchain Settlement Network  Wedbush, a U.S. investment firm with roughly $2.4 billion in assets under management, is leveraging blockchain technology to settle stocks.  The firm has joined the Paxos Network, following the likes of Bank of America, Credit Suisse, Nomura’s Instinet, and Societe Generale to leverage the project’s blockchain infrastructure.  Paxos uses its own version of Ethereum to allow firms to settle stock trades in minutes. It means two parties can enter a trade and process it the same day.…

Former PayPal employees launch decentralized cross-border payment network on Algorand

Two former PayPal workers in business and technology have launched a cross-border payment system aimed at “faster, cheaper, and more transparent payments.” In an announcement on Tuesday, fintech infrastructure firm Six Clovers said it launched its Rapid network, which connects banks, merchants and payment providers, allowing clients to transact in digital currencies and fiat. Founded by former PayPal employees Jim Nguyen and Nas Kavian and backed by venture capital firm Borderless Capital, the network is built on the Algorand blockchain and employs the technology behind stablecoins to represent fiat. “Six…

Jack Dorsey Hints Twitter May Integrate Bitcoin Lightning Network

Share this article Twitter could support Bitcoin’s Lightning Network sometime in the future, Jack Dorsey Says.   Twitter Founder Hints at Bitcoin Integration  It’s “only a matter of time” before Twitter integrates Bitcoin’s Lightning Network, Jack Dorsey has suggested. Posting on his popular social media website early Friday, Dorsey responded to a fan’s request to “build LN into BlueSky or Twitter please and thank you” (BlueSky is a project focused on decentralizing Twitter).  Dorsey had taken to Twitter to share a link to the wallet and encrypted messenger service Sphinx Chat,…

Jack Dorsey says he will integrate Lightning Network into Twitter or BlueSky

Jack Dorsey, the co-founder of social media network Twitter and financial services company Square, has confirmed he is planning to integrate Bitcoin’s Lightning Network sidechain with at least one of his businesses. On June 11, Dorsey responded to a question from Twitter user “deyonté,” who had requested that Dorsey integrate the Lightning Network into Twitter or BlueSky — the decentralized social network Twitter has devoted manpower to developing since 2019. In response, Dorsey responded, “Only a matter of time.” Only a matter of time — jack (@jack) June 11, 2021 Dorsey’s…

Layer 2 network Arbitrum ships guarded launch, attracts major DeFi protocols

In a landscape of so-called scaling solutions primarily composed of sidechains and EMV-enabled competitors, one widely anticipated “rollup” layer 2 sidechain for Ethereum has finally arrived.  Offchain Labs announced the launch of Abritrum One with a blog post late last night. Arbitrum One is currently live on Ethereum in a beta state, though teams that wish to participate and build implementations with the rollup tech need to apply for access: Introducing Arbitrum One, our mainnet beta: live on Ethereum and open to developers now!https://t.co/3Jca2dZw0D — Arbitrum (@arbitrum) May 29, 2021…

Akon to sell historic DNA data art as NFT in collaboration with Oasis Network

It seems like everything’s a NFT these days, and your DNA could be next.  In a press release today, AkoinNFT — the nonfungible token platform from musician and budding blockchain entrepreneur Akon — announced the planned auction of a NFT that will contain a “high-res artistic representation” of the genetic data of Professor George Church, a renowned biology researcher and the first human to have their genome sequenced. AkoinNFT will be using the Parcel development platform from Oasis Labs to store the metadata, and buyers will also have the option…

Bison Trails and Volt Capital bring ‘secure staking’ to Celo network

Blockchain infrastructure company Bison Trails has partnered with Volt Capital to allow users of the Celo Network to stake their tokens securely through their mobile devices.  The collaboration sees Bison Trails running a Celo validator node for Volt Capital, thereby allowing Volt Capital’s community to stake the CELO cryptocurrency, earn rewards and help grow the network. Bison Trails’ node infrastructure allows delegators to more easily stake cryptocurrencies. Volt Capital is an early-stage venture capital firm that has set aside $10 million to invest in various cryptocurrency projects focused on the…

Bank of America to Settle Stock Trades on Paxos Network

Key Takeaways Bank of America is set to join Paxos Network to settle stock trades. The move will enable transaction settlements in minutes rather than days, Paxos says. Bank of America is the latest of several major banks to adopt blockchain technology to improve its operations. Share this article Bank of America, one of the world’s biggest banks, will start using blockchain technology via Paxos Network.  Bank of America Joins Paxos  Bank of America will join Paxos Network to settle stock trades, it was announced Monday.  The move will allow…

1inch Network Launches on Polygon

Share this article Polygon lands another massive integration: 1inch Network has launched on the scaling solution.  1inch DEX Launches on Polygon  1inch Network, the popular protocol that aggregates some of DeFi’s most essential projects in one app, has gone live on Polygon.  1/ In the Age before #Crypto, the world was shrouded by fog. But then there was Fire. And with Fire came disparity. And #ETH with #BSC were born. The 3rd world had always been a tale of ancient #degens. But the truth appeared before #1inch mascot in the…