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Facebook Trumpets Massive New Supercomputer

Facebook's parent company Meta announced on Monday it was launching one of the world's most powerful supercomputers to boost its capacity to process data, despite persistent disputes over privacy and disinformation.

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Ethereum (ETH) Price Test Weekly Lows Near $2,300

ETH/USD tumbled on Monday following the bear attack on Wall Street. NASDAQ dives 3% as the prospect of a Russian attack on Ukraine posed another threat for traders already worried by aggressive US policy tightening. At the time of writing, ETH/USD trades at $2,225.10, down 12% on the day. Luxor prepares to launch Ethereum mining

The post Ethereum (ETH) Price Test Weekly Lows Near $2,300 appeared first on CoinGape.

Why Total Value Locked on Fantom is Rising So Fast?

Why Total value locked on Fantom is rising?

January has not been very good for crypto markets, bitcoin fell  24 percent this month while the Total market cap of the crypto market fell by 27 percent. On every blockchain, users are selling their assets. Total value locked (TVL ) on every blockchain has decreased except Fantom. Fantom has crossed Solana, Avalanche, and BSC in terms of TVL. Fantom reached Top 3 in total value locked per chain on @DefiLlama! pic.twitter.com/aJ32eenM0s — Fantom Foundation (@FantomFDN) January 23, 2022   So What’s the Reason Behind users’ Wide Interest in Fantom in Recent Days? Andre Cronje, Founder of Yearn. finance, and Daniele Sestagalli, Founder of Abracadabra, Wonderland. Money and Popsicle.finance is launching a project on Fantom called Solidly (also known as SoildSwap). It allows low-cost, near 0 slippage trades on uncorrelated or tightly correlated assets.  They will be airdropping NFT’s containing the $ROCK tokens. A snapshot has been taken off the top 20 protocols on Fantom by TVL on DefiLlama on 23 January at 7 pm. These 20 protocols will receive NFT’s containing $ROCK tokens. These $ROCK tokens will give voting power and control over SolidSwap. After airdrop, it will be up to the protocols, how they would like to use these tokens. Solid Swap will behave more like an exchange for protocols rather than an exchange for individuals due to its unique tokenomics model called Ve(3,3). Features of this tokenomics model are users who lock their tokens for the most time, will get more voting power, it will follow staking rebasing mechanics like Olympus protocol. The launch of this new innovative DeFi protocol and to receive its tokens in airdrop was the main reason, we saw all protocols on fantom fighting with each other to increase their TVL so that they can be eligible to receive the airdrop. Billions of assets were transferred from other chains to fantom. Protocols on Fantom provide various incentives to its users so that they deposit their assets on their protocol. Thanks to the launch of this DeFi protocol, many users used fantom for the first time and got to know about fast transactions and the low fees of Fantom blockchain. Future will tell how these top 20 protocols will utilize these airdrop tokens($ROCK) and whether SolidSwap with its unique tokenomics model will succeed or not.

The post Why Total Value Locked on Fantom is Rising So Fast? appeared first on Cryptoknowmics-Crypto News and Media Platform.

L2 protocols Connext and Nomad introduce new modular blockchain interoperability stack

Connext, a level-2 interoperability protocol for Ethereum, today announced that it has formed a new partnership with Nomad, an interoperability protocol without header verification, to accelerate the adoption of trustless, fully generalized cross-chain communication. This partnership enables the world’s first modular interoperability stack that provides users a fast, cheap, and trust-minimized way to bridge assets […]

The post L2 protocols Connext and Nomad introduce new modular blockchain interoperability stack appeared first on CryptoNinjas.

Uniswap founder’s bank account shut down by JP Morgan Chase, shadow-debanking allegations surface

Banks do not need to provide an explanation to shut down accounts owned by clients deemed "too risky," according to former CFTC commissioner Brian Quintenz.

Routefusion Raises $10.5 Million to Help Give Fintechs Cross-Border Superpowers

Earlier this week Routefusion, a company that helps financial services companies with global expansion, raised $10.5 million. The Seed round was co-led by Canvas Ventures and Silverton Partners. Haymaker Ventures, Initialized Capital, Sherwin Gandi, and Aldrin Clement also participated. The new capital boosts Routefusion’s total funding to over $14 million. The company will use the Read more...

The post Routefusion Raises $10.5 Million to Help Give Fintechs Cross-Border Superpowers appeared first on Finovate.

6 QuickBooks Tips for Beginners

QuickBooks is a complete accounting software suite used by countless business owners on a daily basis. It has a simple user interface, excellent security, and more than enough accounting features for different types of small businesses. A great price just sweetens the deal, making it a very popular choice worldwide. The Best QuickBooks Tips to […]

The post 6 QuickBooks Tips for Beginners appeared first on Fintech News.

‘The Walking Dead: Saints & Sinners’ Adventure to Continue in Standalone Game ‘Chapter 2: Retribution’

Skydance Interactive announced The Walking Dead: Saints & Sinners (2020), the zombie-filled survival horror game for all major VR headsets, is slated to continue in the newly unveiled standalone game: ‘Chapter 2: Retribution’. Skydance isn’t calling Chapter 2 a sequel as such, however in a press statement the studio confirms it’s a standalone title that serves as […]

The post ‘The Walking Dead: Saints & Sinners’ Adventure to Continue in Standalone Game ‘Chapter 2: Retribution’ appeared first on Road to VR.

‘The Walking Dead: Saints & Sinners’ Surpasses $60M in Revenue Since Launch

Don’t ever say there isn’t money in VR game development. Skydance Interactive today announced that its hit zombie-slaying adventure The Walking Dead: Saints & Sinners (2020) has now passed the $60 million revenue mark across all supported platforms. Update (January 24th, 2022): The Walking Dead: Saints & Sinners has now reached $60 million in overall revenue—making for […]

The post ‘The Walking Dead: Saints & Sinners’ Surpasses $60M in Revenue Since Launch appeared first on Road to VR.

Sneakmart launches Metakicks, the First collection of NFT sneakers

French Startup and community-driven Streetwear app Sneakmart has launched Metakicks, a collection of non-fungible…

The post Sneakmart launches Metakicks, the First collection of NFT sneakers appeared first on Coin Journal.

Fearing revolution, Myanmar’s military gov’t wants to ban crypto and VPNs

Myanmar's military council is pushing to ban crypto one month after the country's exiled government floated Tether as official tender.

The post Fearing revolution, Myanmar’s military gov’t wants to ban crypto and VPNs appeared first on Protos.

Will FTM, EGLD, ROSE, And GLMR Be The Alts For A 5X Meteoric Rise In The Bull Run?

altcoins

The post Will FTM, EGLD, ROSE, And GLMR Be The Alts For A 5X Meteoric Rise In The Bull Run? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The crypto town is now in turmoil over the plan of action, while the business remains in a quagmire. The recent market crash and the uncertainty of the near future have left merchants wondering about their trade practices. Whilst novices and smaller players have changed hands with the whales, older hands are considering buying assets …

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