Together Labs partners with Immutable X to launch NFT gaming on IMVU
Together Labs partnered with Immutable X to facilitate carbon-conscious NFT activity within the IMVU ecosystem, the partnership will promote the creation and distribution of NFTs. IMVU is a blockchain simulation game similar to The Sims or Second Life in which people may create, inhabit, and interact with virtual worlds. IMVU boasts 200,000 active creators and […]
Bank for International Settlements report says CBDCs can cut cross border remittance cost
The Bank for International Settlements (BIS) has released a paper promoting the advantages of central bank digital currency (CBDC), particularly in lowering cross-border payment costs, thereby improving international remittance speed. CBDCs can reduce cross-border payment transaction throughput from three to five business days to just a few seconds, according to a research published on Tuesday […]
Anclap launches Peru’s stablecoin on Stellar blockchain
Latin American stablecoin issuer Anclap is expanding its Stellar-based stablecoin network by releasing a new stablecoin in Peru, Anclap expects to launch two more Stellar-based stablecoins for Chile and Colombia later this year. The new stablecoin, which is pegged to Peru’s official fiat currency , the Peruvian sol (PEN), is designed to facilitate rapid transactions […]
Roll, a social token provider raises $10M in a Serie A funding
Social token provider, Roll has acquired $10 million in Serie A funding, bringing the total amount raised to $12.7 million. The company’s goal is to assist artists to tokenize their interactions with communities. Animoca Brands, Alchemy, Huobi Ventures, Weekend Fund, Mischief Fund, Audacity, and current investors such as Galaxy Interactive, Hustle Fund, Gary Vaynerchuk, Trevor […]
Chainalysis report shows Europe is the largest crypto economy with over $1T in transactions
According to a new analysis from blockchain analytics firm Chainalysis, central, northern, and western Europe, has emerged as the world’s most active cryptocurrency block with DeFi being a major catalyst for the growth. Between July 2020 and June 2021, the CNWE region accounted for 25% of global crypto activity , according to the research, which […]