Nubank plans to issue loyalty tokens on Polygon blockchain
Nubank said that 2,000 clients will contribute to the Nucoin token creation process including its Web3 features over the next months. On October 19, Nubank, a Brazilian fintech bank, announced the launch of the Nucoin token on the Polygon blockchain, opening the door for a rewards program for its 70 million Latin American customers. The […]
Japan authorities ease crypto rules to facilitate coin listing
Japan Virtual and Crypto Assets Exchange Association aims to ease the screening procedure for authorized exchanges to offer crypto assets. The regulating body for crypto assets in Japan, the Japan Virtual and Crypto Assets Exchange Association, published intentions to further relax the country’s crypto rules. According to a Bloomberg article, the association intends to use […]
Top 5 DeFi Loan Protocols in 2022
DeFi loan protocols provide crypto loans on a decentralized platform without intermediaries or going through KYC. Lending is one of the key components of DeFi, and DeFi loan protocols provide a far superior choice for passive income generation than the traditional financial sector. What is DeFi? The term “decentralized finance,” sometimes known as “DeFi,” refers […]
Do Kwon queries accusations levied against him and his firm
Do Kwon, the CEO of Terraform Labs, labeled the accusations made against him and his business as “politically motivated” and questioned their veracity. Do Kwon, the founder and CEO of Terraform Labs, declared that despite ongoing investigations into Terra’s failure, Kwon’s role in the crash, and an Interpol red notice, he is not hiding from […]
Ripple announces $250M NFT Creator Fund’s newest recipients
Boris Alergant, the head of DeFi Markets at Ripple, claimed that the fund was established to advance the NFT economy of XRP. Ripple has announced the second wave of recipients chosen to join its $250 million Creator Fund focusing on fostering the development of NFT-related projects on the XRP Ledger. The metaverse platform 9LEVEL9, which […]