Fuse Blockchain pledges $10 million for ecosystem growth

Layer-1 blockchain Fuse stated that it would commit $10 million to “reinvigorate the Fuse ecosystem and drive growth in multiple areas”. The “Fuse Ignite” program is divided into grants and liquid incentives. According to developers: Depending on the focus of their idea or service, teams may apply for grants of $5,000 to $25,000. When deploying […]
Flare Integrates its API Portal on Google Cloud Marketplace

Flare has integrated its API Portal on Google Cloud Marketplace, launching some of the first blockchain APIs to be available on Google Cloud Marketplace. With the integration of its API portal with Google Cloud Marketplace, Flare, a layer-1 Ethereum Virtual Machine (EVM)-compatible platform, brought a number of well-known blockchain APIs, including Bitcoin and Ethereum, to […]
Securities token platform INX introduces MPC wallet for Institutions

An statement states that the securities token platform INX has introduced a wallet with compliance capabilities for institutions. The new wallet makes use of multi-party computation (MPC) technology and was developed in collaboration with wallet infrastructure provider BitGo. On the Ethereum network, there are INX securities tokens that adhere to the ERC-1404 token specification. The […]
Nigeria Approves Blockchain Policy to Boost Digital Economy

Nigeria has become one of the leading countries in Africa to adopt blockchain technology and cryptocurrency usage after its federal executive council approved a national blockchain policy on May 3, 2023. The policy intends to establish a blockchain-based economy that facilitates safe transactions, data sharing, and value exchange between individuals, enterprises, and the government. The […]
FTX sues Genesis, Affiliate, for $3.9 Billion

FTX claims that Genesis and GGC International owes it $3.9 billion in cash and cryptocurrency for loans and withdrawals made prior to the exchange’s collapse. The crypto exchange FTX, which filed for Chapter 11 bankruptcy in November 2021, is attempting to recover $3.9 billion in cash and cryptocurrency from Genesis Global Capital and its non-bankrupt […]