Exchange helps institutions execute bulk crypto trades without price slippage

Exchange helps institutions execute bulk crypto trades without price slippage

When liquidity is low, big crypto trades can cause big movements in the prices of some coins. This exchange’s new feature is designed to tackle that. Large crypto orders can be challenging — and it can be difficult to get consistent, favorable prices when the markets are moving quickly. But now, a crypto exchange has […]

Korean fintech giant plans to create 10K Web3 jobs amid bear market

Dunamu would open offices in major cities and create about 500 new startups focused on NFTs and the Metaverse. Dunamu, a major fintech firm in South Korea that operates crypto exchange Upbit and several other blockchain and securities platforms, is planning to invest 500 billion won ($380 million) to create about 10,000 new Web3 jobs […]

Cloud solution jumpstarts DApp development with complete transactional backend

DApp development

Cloud may be the missing piece between businesses and the prevalence of more widespread blockchain use cases. While many businesses are intrigued by the proposed benefits that the blockchain can provide, finding technical experts has proven to be another concern altogether. Since blockchain technology is relatively new, few know the ins and outs of troubleshooting […]

Will Bitcoin Make a Comeback?

Bitcoin Will Make a Comeback

Bitcoin Will Make a Comeback, Rockefeller International Chairman Says. “We need the excesses to get weeded out,” Ruchir Sharma told CoinDesk TV. Bitcoin (BTC) is fundamentally a good idea that has been spoiled by too much cheap money and speculative interest, according to Rockefeller International Managing Director and Chairman Ruchir Sharma. Sharma, a former emerging […]

OKX Sponsors $20m Training Kit for Soccer Team Manchester City

OKX

Crypto exchange OKX, formerly OKEx, announced on Sunday that it will invest more than $20 million to sponsor Manchester City’s training kit this season. It became a partnership with Manchester City in March and will continue to expand its investment in it, becoming the club’s official training kit partner for the 2022-23 season. The partnership […]

Web3 Payments Company Fuse Launched the Payment API Platform Fuse Charge

Fuse Charge

Web3 payments revolution startup Fuse has officially launched the blockchain payment API platform Fuse Charge. On May 10, Fuse Labs announced a $5 million investment from Israeli-listed digital asset company Tectona, which will be used to advance the development of Fuse Charge, a Fuse SaaS product that enables developers to rapidly build applications that can […]

Build business: An outlook on the Web3 industry during the downtrend

Web3 industry

With the crypto market’s downturn, it’s essential to focus on what the blockchain technology industry has always suggested: build. By the end of May, Bitcoin’s (BTC) price had dropped 40%; Ether (ETH) had lost 50% of its value; and the entire crypto market dipped below its $1-trillion capitalization for the first time since January 2021. […]

Chainalysis Finds Ownerships of Web3 DAOs Are Not Actually Decentralized

Chainalysis published a research study showing that although decentralized autonomous organizations (DAOs) have emerged as the future of decentralized corporate governance, there have been several weaknesses in their functioning. According to the study, DAOs form the cornerstone of many blockchain and Web3 projects. Internet-native and blockchain-based, DAOs are intended to offer a new, democratized management […]

Meta signals closure of Novi wallet after a 10-month pilot

Meta’s wallet pilot Novi is set to end in September, with the announcement coming days after Mark Zuckerberg touts Meta Pay on Facebook. Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi wallet pilot project. Novi’s website landing page has been revamped to inform […]

Central Africa Rolls Out Sango Coin Amid Transparency, Credibility Worries

The Central African Republic (CAR)’s authorities unveiled a new crypto project, dubbed Sango Coin, which President Faustin-Archange Touadéra launched as the country’s national cryptocurrency in an online event, but hopes for a major push for crypto adoption in Africa have been partially replaced by fears that the initiative could actually undermine the continent’s increasing trust […]