Fintech and Blockchain Startups 49

Rahul Sethuram Launches $ZOOMER, Revolutionizing Crypto Landscape with xERC20 Standard

Rahul Sethuram, co-founder of cross-chain messaging protocol Connext and former Tesla/NASA engineer, has announced the launch of $ZOOMER (ZoomerCoin), a pioneering cryptocurrency that aims to revolutionize the crypto landscape by offering seamless bridging to Layer 2 solutions.$ZOOMER is the first cryptocurrency to adopt Connext’s groundbreaking xERC20 standard, which addresses the high Ethereum gas fees, offering […]

Circle and Mercado Libre Partner to Bring USDC Stablecoin to Chile

Circle, a fintech company, has announced a partnership with Mercado Libre to bring the USDC stablecoin to Mercado Pago on Aug. 29. Jeremy Allaire, Circle’s CEO, posted a thread on X announcing the launch of USDC on the retail giant’s online payment platform. USDC is a stablecoin, meaning it is pegged to the U.S. dollar. […]

Ethereum Transaction Fees Reach Lowest Levels of the Year

Ethereum transaction fees have dropped to their lowest levels since December, according to data from South Korea-based blockchain analytics firm CryptoQuant. The cost of executing transactions on the world’s largest programmable blockchain and the parent platform of the world’s second-largest cryptocurrency Ethereum (ETH) has dropped to 1,719 ETH which is valued at approximately $2.8 million. […]

DEGA and Unique Network Partner to Empower Builders on Polkadot

DEGA and Unique Network have announced a collaboration to empower builders within the Unique ecosystem. This partnership will allow builders to leverage DEGA’s Initial Stake Pool Offering (ISPO) platform for crowdfunding and community engagement on Polkadot. The Polkadot team has confirmed the collaboration and is looking forward to the upcoming Polkadot Developer Conference, sub0, which […]

Backed Integrates BNB Smart Chain into Token Issuance Framework

Backed, a Zurich-based company, has announced its integration of the BNB Smart Chain (BSC) into its token issuance framework. This framework enables the tokenization of off-chain assets such as treasury-based ETFs and stocks, and is compliant with Swiss blockchain regulations. The BNB Chain offers a large and active smart contract user base, reduced transaction fees, […]

Ripple Strengthens Canadian Connections with University Collaborations

Ripple Labs has been actively expanding its presence in Canada, collaborating with the University of Toronto and the University of Waterloo. The University of Waterloo has been researching Central Bank Digital Currencies (CBDCs) built upon the XRPL, and is set to unveil a prototype of a banking interface at UBRI Connect 2023. Ripple Labs has […]

VC Spectra (SPCT) Offers High ROI with Real-World Utility

VC Spectra (SPCT) is a decentralized hedge fund that is revolutionizing the crypto investment world. It offers a platform that bridges advanced investment opportunities with those with minimal industry insights. SPCT is a BRC-20 token created on the Bitcoin blockchain, and it offers a range of benefits to its holders, such as quarterly dividends, buybacks, […]

Polytrade Showcases Invoice Financing Possibilities with Mastercard’s Blockchain Scheme

Mastercard has recently announced a new blockchain-based scheme, sparking optimism among the public. Polytrade, a company specializing in invoice financing, has showcased the possibilities of the new technology. The new blockchain-based scheme is expected to revolutionize the way businesses and individuals interact with each other. It is believed that the technology will make transactions faster, […]

EmotiCoin Launches Revolutionary Reverse Splits Protocol

EmotiCoin has officially launched its groundbreaking Reverse Splits Protocol (RSP), an event that has been highly anticipated by the crypto community. The team behind the project is comprised of industry veterans who have identified a problem in the market: the confusing array of immense token supplies and minuscule prices that make it difficult for investors […]

Akropolis (AKRO) Price Surges 441% in a Year, 30% in 24 Hours

The Akropolis Protocol is a decentralized finance (DeFi) protocol that focuses on under-collateralized loans and other financial services. The Akropolis Delphi Token (ADEL) was launched on the Ethereum mainnet in August 2020, and since then the Akropolis team has made several updates, including the POC-Polkadai bridge, a Parity Substrate Blockchain bridge for self-transfers of DAI […]