Latest News
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Celsius cryptocurrency, CEL token, explained
Celsius cryptocurrency, commonly referred to as Celsius (CEL), is the native token of the Celsius platform. The Celsius platform is an all-in-one banking and financial services blockchain platform for cryptocurrency users. Celsius is commonly known for its crypto lending services though it offers several other services. Celsius was launched in June 2018 and it offers…… Read more
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Folder Protocol (FOL) explained
Folder protocol is a blockchain network designed to work as a Layer 2 solution for decentralized storage networks, which is an incentive layer on top of Filecoin blockchain nodes (IPFS). The IPFS provides storage infrastructure for any data. So, Folder Protocol functions as an intermediary layer to facilitate the exchange of computing power and FOL…… Read more
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Kava Network partners with leading Blue Chip DeFi application SushiSwap
Kava Network’s new partnership with SushiSwap, one of the leading Blue Chip DeFi application ecosystems by TVL, is a great move in the expansion of its utility in the network. According to the announcement, the collaboration between the two will be aimed at providing a new suite of DeFi products to the market participants as…… Read more
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Central Bank of Kenyan inches closer to launching CBDC: gathering views from the public
After highlighting Central Bank Digital Currency (CBDC) merits, the Central Bank of Kenya (CBK) said that a CBDC could impact the local financial system positively. The CBK then went ahead and issued a discussion paper for the general public to express their views on the matter. The public has until 20th May 2022 to give…… Read more
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EU’s CBDC project gathers momentum after Ripple and DEA partnership
Ripple has joined the Digital Euro Association (DEA) as it seeks to take part in offering global solutions for central bank digital currencies CBDCs. Although Ripple’s native token (XRP) is not a CBDC, its blockchain is designed for enterprises and institutions, making it the best option for governments looking to issue a CBDC. DEA chairman…… Read more
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Netmarble to develop a Global P2E ecosystem after Binance partnership
Binance, a top crypto exchange platform, has announced that it will sign a Memorandum of Understanding (MoU) with Netmarbe F&C, a US subsidiary of South Korea’s largest mobile-gaming company Netmarble Games Corp, to help in the development of NFT and global Play to Earn (P2E) services. The first step in this new partnership will be the…… Read more
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