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Showing posts with the label fls news

Leveraging DeFi for Green Energy Projects in Developing Countries

Leveraging DeFi for Green Energy Projects in Developing Countries! In recent years, the intersection of decentralized finance (DeFi) and green energy has emerged as a transformative force for sustainable development in developing countries. This synergy offers innovative solutions to long-standing challenges, such as energy access, funding, and scalability of renewable energy projects. By leveraging DeFi, we can create a more inclusive and efficient financial ecosystem that supports the growth of green energy initiatives. The Role of DeFi in Green Energy DeFi, a blockchain-based financial system, eliminates the need for intermediaries, providing more accessible, transparent, and secure financial services. This technology can revolutionize the funding and implementation of green energy projects in several ways: 1. Crowdfunding and Tokenization DeFi platforms enable the tokenization of renewable energy assets, allowing individuals and institutions to invest in projects through fractional...

Beyond Tomorrow: Exploring the Future Trends of DeFi

Beyond Tomorrow: Exploring the Future Trends of DeFi! Decentralized Finance (DeFi) has revolutionized the financial world by leveraging blockchain technology to create an open, permissionless, and borderless financial ecosystem. As we stand on the cusp of further innovation, the future of DeFi promises to be even more transformative. Let’s explore the trends shaping the future of DeFi and what we can expect beyond tomorrow. 1. Interoperability and Cross-Chain Solutions One of the significant challenges in the DeFi space has been the fragmentation across various blockchain networks. In the future, we can expect a surge in interoperability solutions that allow different blockchain networks to communicate and share value seamlessly. Projects like Polkadot, Cosmos, and Chainlink are at the forefront of this movement, enabling a more connected and efficient DeFi ecosystem. 2. Scalability Improvements Scalability has been a persistent issue for blockchain networks, with high gas fees an...

SEC Stands Down: A Boon for Ethereum and DeFi?

On June 19th, 2024, the U.S. Securities and Exchange Commission (SEC) abruptly ended its investigation into Ethereum, the world’s second-largest blockchain platform. This unexpected move sent shockwaves through the crypto industry, particularly the realm of Decentralized Finance (DeFi). While the SEC hasn’t officially commented on the reasoning behind the closure, it’s widely seen as a victory for Ethereum and a potential turning point for DeFi regulation. The Ethereum Investigation: A Cloudy Situation The SEC’s investigation into Ethereum, specifically Ether (ETH), the platform’s native token, was shrouded in secrecy. In 2018, the SEC declared ETH wasn’t a security, a tradable asset that represents a company’s ownership stake. However, in recent years, there were hints of a shift in stance. SEC Chairman Gary Gensler expressed concerns about the potential for some cryptocurrencies, including Ethereum, to fall under securities regulations. This a...

BNB Greenfield Erdos Hardfork

BNB Greenfield Erdos Hardfork, BNB Greenfield seeks to decentralize control over data such that no one entity can control, forcefully remove or seize someone else’s data. The BNB Greenfield network is about to undergo the Erdos hardfork, introducing major updates and enhancements to the platform. Important information and key actions required: The  Testnet  Serengeti hardfork is scheduled to occur at block height 8,285,529. Based on the current block interval, it is estimated to take place on  May 16th at 07:00 AM UTC . The  Mainnet  Serengeti hardfork is scheduled to occur at block height 7,861,456. Based on the current block interval, it is estimated to take place on  May 29th at 07:00 AM UTC . What’s New for Greenfield? To enhance user experience, the developer community is introducing the following Features and bug fixes: Add new cross-chain channel `ExecutorChannel` and corresponding cross-app `ExecutorApp` (PR  #595 ) Implement storage fee paymaster (PR  #582 ) What’s New f...

ISLM Now on TokenPocket

ISLM is now on TokenPocket a renowned multi-chain self-custodial wallet. This represents a substantial leap in Haqq’s mission to provide the global community with a comprehensive and Sharia-compliant financial tool. TokenPocket’s broad influence, with over 3.5 million monthly active users in more than 200 countries, is in line with ISLM’s vision. This collaboration marks a significant milestone for the ISLM community as it provides a convenient and effective means of managing digital assets. Users can now seamlessly convert their ISLM into stablecoins like $USDC directly in the TokenPocket wallet, eliminating the need for centralized exchanges or bridges. This functionality is not just a feature; it’s a significant boost to our community, simplifying the process of diversifying their digital portfolios while staying true to Shariah principles. Expanding ISLM’s Reach with a Mission-Driven Approach ISLM’s mission-driven approach has been instrumental in...

Conflux Collaboration with World Mobile

Conflux Collaboration with World Mobile, The first mobile network owned by the people and built on #blockchain. World Mobile Token (WMT) will bridge from #Cardano to the Conflux blockchain, marking the first bridge outside Cardano for the mobile network’s native token. World Mobile and Conflux will collaborate on integrating the Conflux network into World Mobile’s AyA sidechain, enabling EarthNode capabilities and financial settlement. In addition, both parties will collaborate to increase connectivity and market penetration in Asia and Africa. World Mobile successfully tested its network in Nigeria after a successful launch in Zanzibar. And lastly, World Mobile and Conflux will collaborate to increase global digital connectivity using Conflux’s blockchain-based SIM card. ­ About World Mobile Network  On the World Mobile network, customers will connect to and transmit data through their various types of AirNodes . Transactions on the network will be processed on-chain...

Subquery partners with White Whale

Subquery partners with White Whale an Interchain Liquidity Solutions protocol within the Cosmos ecosystem . White Whale creates a unifying hub for a token’s liquidity and then sub-divides this token’s liquidity in Liquidity Pools or “LPs” across all the cosmos chains, distributing liquidity where it is most needed. White Whale uses SubQuery to index many Cosmos blockchains, including Injective, Terra, Chihuahua, Comdex, and Juno. They primarily focus on data of their exchange and flash loan products. They plan to scale this horizontally, i.e., more chains, and also vertically, i.e., more data points. In addition, White Whale commented that Web3 projects need to index blockchain data to understand it and get insight into vital metrics and key performance indicators. Having a single technology that can easily index any data point on any chain while providing an unchanging interface is critical. That’s what SubQuery does for White Whale. “We’re thrilled to collaborate wi...

IoTeX launched Alchemy Pay’s On and Off Ramp on its platform.

IoTeX , the ultra-fast, ultra-secure, and extremely scalable blockchain platform , has partnered with Alchemy Pay to launch an efficient solution for on and off-ramp services within the IoTeX ecosystem. Developers and dApps on IoTeX may smoothly integrate the on and off-ramp capabilities by leveraging Alchemy Pay’s plugin, allowing users from all over the world to purchase and sell cryptocurrencies using their preferred payment methods and local fiat currencies. Users will be able to directly purchase IoTeX’s native currency, $IOTX, with fiat on Alchemy Pay’s landing page as part of this collaboration. IoTeX, as a modular Web3 infrastructure platform , connects intelligent devices and real-world data to blockchains, with a vision of empowering individuals to own their data, devices, and identity in a connected world. This partnership between Alchemy Pay and IoTeX will further reinforce IoTeX’s overall strength, attract and onboard a larger base of global users. About...

Helio Protocol Expands Reach on BNBChain with Key Partnerships with PancakeSwap and Meuna

Helio Protocol, an ecosystem of decentralized finance (DeFi) instruments powered by its native “destablecoin” HAY, has announced two major partnerships that will further solidify its position on the Binance Smart Chain (BSC). By teaming up with PancakeSwap, the largest DEX on the BSC ecosystem, and Meuna, a decentralized exchange focused on real-world assets (RWAs), Helio Protocol is set to expand its liquidity pool and bring the tokenization of real-world assets to the forefront of the DeFi space. Helio Protocol’s recent initiatives are indicative of its growing prominence in the DeFi space. The ecosystem, built around the cutting-edge destablecoin HAY, is addressing centralization risks and expanding into new areas of the blockchain world. Unlocking New Possibilities: Helio Protocol Introduces Exciting Opportunities for PancakeSwap (CAKE) Liquidity Providers One of Helio Protocol’s major moves is the launch of a new liquidity pool on PancakeSwap, the largest DE...

BurnKoin Staking Guide

BurnKoin Staking Guide is here to provide step-by-step ways to stake KOIN tokens. Burn Koin is the first burn pool developed for Koinos. “Burn pool” is just the name we use for mining pools on Koinos Proof of Burn. Prior to KOIN, most cryptocurrencies had relatively simple token economic designs; they were the token used to pay the fees necessary to sustain the operations of the decentralized network. Counterintuitively, removing the fees is what allows for the creation of a more dynamic, flexible, and performant system that supports a digital currency that finally delivers on the futuristic vision of an egalitarian and decentralized digital currency that began with Bitcoin. GETTING STARTED WITH KOIN STAKING The front page of BurnKoin displays the dashboard button, the total deposits, and the current APY. The total deposits represent the total quantity of the $VHP and $KOIN held in the pool. The current APY represents the approximate APY that BurnKoin depositors should expec...

WaltonChain Mainnet Launching

WaltonChain Mainnet Launching and Beta Testing were announced. During the 3+ years since the launch of the fully operational Waltonchain Mainnet on April 24, 2019, the network has been operating in a stable way. In order to stimulate independent development of NFT + DeFi DApps and attract more technology developers, miners (projects using the PoW consensus), and cryptocurrency holders along with enterprises, institutions, and organizations that need to adopt the blockchain technology, the Waltonchain technical team has completed a dual-chain upgrade, improved cross-chain data transmission and launches the beta testing of the second mainnet — WTA Smart Chain — on 4th Jan 2023. Features of WTA Smart Chain Introduction of full-network hash power sharing for Waltonchain nodes and dual mining: on the condition of zero new energy consumption, a new blockchain running on PoW consensus is added. It also meets the tamper resistance requirements. In addition, contracts on Solidity 0.6 and higher...