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Paradigm leverages LangChain and LangSmith to build, iterate, and monitor thousands of AI agents, enhancing their AI-driven spreadsheet capabilities. (Read More)
YGG is partnering with Parallel TCG to host a $100,000 prize pool tournament at the YGG Play Summit.
ParaFi Capital will tokenize part of its $1.2-billion portfolio using the Avalanche blockchain and tokenization platform Securitize.
Bitcoin analysts are eying an October breakout, despite the current market slump, partly caused by continuous negative outflows from the US Bitcoin ETFs.
Centrifuge, a real-world asset (RWA) solution and a Parachain, has a plan for Polkadot, a smart contracts platform. In a proposal, the RWA platform suggests that the newly created Polkadot Community Foundation allocates $3 million USDC to their T-Bill pool. This pool is held within the Anemoy Liquid Treasury Fund and aims to serve multiple objectives. Centrifuge Wants Polkadot To Invest $3 Million In T-Bills In their proposal, allocating the $3 million to T-Bill as an investment will benefit the broader ecosystem. Of note, it will help boost the long-term sustainability of the Polkadot Treasury. This is because the T-Bill pool will generate stable yields from real-world assets, thereby further increasing the financial health of the Treasury. Related Reading: Cardano Foundation Reports Massive Growth In These Key Metrics ADA Price Soars 3% Though the funds will be from the foundation, Centrifuge argues that injecting the $3 million USDC into the T-Bill pool will help increase the network’s total value locked (TVL). Subsequently, this will also expand the Treasury’s assets. The foundation might consider investing in RWAs, as proposed by Centrifuge, as it could foster the growth of this technology within Polkadot, pushing adoption and growth as a result. Laying out their proposal, Centrifuge said if the foundation decides to invest, it would align with their previous investment in the Anemoy Liquid Treasury Fund. In turn, this may offer a unique opportunity for Polkadot to diversify and expand its investment basket. It is especially now that tokenization and RWA is picking up momentum. RWA Picking Up Steam, Will DOT Reverse Losses? BlackRock, one of the top asset managers in the world, is one of the leaders in tokenizing treasury bills. On Ethereum, the manager has launched BUIDL, a platform where institutions can invest in tokenized Treasury bills. As of September 10, BUIDL is the largest tokenized Treasuries provider, managing over $514 million, according to RWA.xyz. The proposal is so far garnering community support. Roughly a week before the decision, over 53% agreed with this proposal. However, some community members are expressing concerns. Related Reading: Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH? Most of them point to the potential risks and the negative implications of this on the network’s Treasury. One concern is that if this is approved, it could increase DOT spending requests, eventually depleting its reserves. While the prospect of RWA taking off in Polkadot is bullish, DOT is still under pressure. From the daily chart, DOT is down roughly 65% from March highs. It is also in a descending channel and retesting multi-month support. The primary support lies at around $3.5. On the upper end, resistance is at $5. A break above this line will lift sentiment, propelling the coin towards $6.5 in a buy trend continuation formation. Feature image from Unsplash, chart from TradingView
Gala Games unveils Season 6 of Eternal Paradox, introducing new strategies and team dynamics. Players are encouraged to form guilds and optimize their resources. (Read More)
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BitMEX will implement changes to minimum price increments, lot size, base initial margin, and maintenance margin of several contracts on September 6, 2024. (Read More)
Popular MEV attacks, such as sandwich transactions, have netted attackers nearly $17 billion in the past 30 days.
Vice President Kamala Harris may need to attract more support from the crypto community to strengthen the Democratic Party’s chances of winning the November elections, according to a recent survey by crypto investment firm Paradigm. The survey, which polled 804 registered Democrats, found that 13% are undecided about voting for Harris. Of these, 18% have […]
The post Harris needs crypto support to win undecided voters, survey shows appeared first on CryptoSlate.
Dive into the intricacies of Eternal Paradox's Arena battles. Learn strategies, ranking details, and how to climb the leaderboard to earn prestigious rewards. (Read More)
Eternal Paradox gears up for the final Conquest of Season 5. Guilds battle for control of the Ring of Ruin. Who will emerge victorious? (Read More)
The Bitcoin advocate aims to influence the political leader to consider Bitcoin a viable and strategic component of the national economy.
Mow aims to influence the political leader to consider Bitcoin a viable and strategic component of the national economy.
Season 5 of Eternal Paradox is reaching its peak as players prepare for the final battle for The Ring. Guilds have showcased their prowess, but the ultimate showdown is imminent. (Read More)
Capamad spokesperson Jimmy Kim claims that the electricity price increase set for Aug. 1 may force 70% of legal crypto miners out of business.
Discover the top strategies for success in Eternal Paradox's Arena, including Val Speed, Big Boys, and Debuff to Death. (Read More)
The venture capitalist firm said ESMAs approach to crypto market abuse could be a disaster for the industry without suggesting any better ideas.
Eternal Paradox Season 5 kicks off with intense guild warfare. Discover strategies, team dynamics, and key events to dominate Elysium. (Read More)
Gala Games kicks off Season 5 of Eternal Paradox with new content, challenges, and improvements to enhance player experience. (Read More)
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