After making an all-time excessive of $58,640, Bitcoin is now buying and selling at $57,931. In the meantime, the second-largest cryptocurrency, Ethereum, is buying and selling near $1,938.
Let’s discover out some fascinating crypto information for at this time.
Fuse Network introduced the introduction of the FuseDollar (fUSD), an asset-backed stablecoin. Furthermore, fUSD is a 1:1, USDC-backed stablecoin which will likely be used as a medium of cost by the Fuse Community neighborhood. As well as, the workforce additionally has plans to hyperlink the Fuse cellular app with different cost choices corresponding to financial institution deposits, debit playing cards, bank cards, or Apple Pay. With this integration, customers will be capable to buy FuseDollar and Fuse tokens immediately from the cellular app. Moreover, the workforce can also be planning so as to add extra stablecoins, corresponding to DAI, for backing, which can enable customers to diversify their portfolio.
PAID Network partnered with KYC3COM to combine KYC3 into the Ignition platform. As per the tweet, KYC3 will improve the Know Your Buyer (KYC) course of with 2-factor biometric authentication. This partnership helps PAID to look at the data of the companies they’re coping with. Furthermore, PAID will use KYC3 and Peer Mountain for this evaluation and their main focus will likely be areas corresponding to credit score, settlement, transaction, mortgage, and insurance coverage organizations. Moreover, this implementation will simplify the KYC course of in addition to it would scale back the associated fee and onboarding time.
Exeedme partnered with ChainGuardians to bridge blockchain and NFTs into gaming. In response to the tweet, this may assist players to monetize their abilities, and ChainGuardians players may problem one another utilizing the Exeedme platform. Furthermore, the workforce has plans to combine NFT mining, which can give extra mining choices to ChainGuardians customers. Moreover, Exeedme players may even earn $XED and unique NFTs that they will commerce, promote, or use to entry unique DeFi and gaming occasions.
Kolektivo Labs launched on Fuse Network to scale blockchain-based improvement within the island of Curaçao. Furthermore, Kolektivo Labs is an modern hub of socially influenced leaders and entrepreneurs, who’re skilled in creating blockchain infrastructure instruments. These instruments are used to assist and educate the folks of Curaçao on cryptocurrencies. Moreover, this neighborhood created CuraDAI, which is a stablecoin that’s backed by the native Antillean Guilder. Resulting from Ethereum’s excessive transaction charges and lengthy ready time, customers have been going through points. Therefore, the launch of Kolektivo Labs on Fuse Community will assist customers to ship and obtain CuraDAI in few seconds and underneath $0.01 regardless of any worries concerning the transaction quantity. Moreover, the workforce additionally has plans to convey governance and finance right into a single dApp which will likely be obtainable on iOS and Android.
The final crypto information we now have from Utrust, which has introduced the custom-made integration of Shopify for its retailers by way of the Utrust app. Furthermore, Watches of Wales is the primary to make use of this e-commerce facility. Watches of Wales is a number one title within the sale and buy of the world’s most interesting manufacturers, corresponding to Omega, Rolex, and others. To make use of this service, the retailers need to file for an software to get restricted entry to the Utrust app. Moreover, the workforce has plans so as to add extra retailers worldwide, which can enhance the adoption of crypto property globally.
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