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NEAR Foundation invites the Terra community to join the NEAR ecosystem

Officially, the NEAR Foundation has invited the Terra community to join the NEAR ecosystem of developers and builders. As part of this invitation, the NEAR Foundation has raised a relief fund for projects in the Terra ecosystem.

Source: Near

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3 mins ago

Coinbase adds The Sandbox (SAND) to its list of assets under consideration for Q2 listing

Coinbase has added The Sandbox (SAND) to its list of assets under consideration for listing in the second quarter. Earlier in April, Coinbase planned to increase the transparency of listing new assets in the second quarter, and announced the list of assets under consideration for listing on Coinbase in the second quarter. Due to the slow blog update, the list of listed assets will be synchronized on Twitter when it is updated.

Source: Twitter

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5 mins ago

USDD officially listed on Ellipsis Finance platform 2pool mining pool

USDD officially launched the 2pool mining pool on the Ellipsis Finance platform. It is reported that USDD (Decentralized USD) is a decentralized algorithm stablecoin initiated by TRON’s joint reserve and blockchain mainstream institutions. On May 20, the issuance of USDD has exceeded 330 million. Ellipsis is a decentralized exchange on BNB Chain. The current supported currencies include USDD, BUSD, USDC, USDT, etc.

Source: Twitter

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26 mins ago

Ethereum Foundation initiates a proposal for data availability sampling requirements on Github

The Ethereum Foundation (EF) initiated a Request for Proposal (RPF) for Data Availability Sampling (DAS) on Github, involving research, design, investigation, and implementation of the Data Availability Sampling Network. The Ethereum Foundation hopes to obtain proposals aimed at designing, improving, building, analyzing and testing the theoretical and practical DAS technology. The Ethereum Foundation has provided $1.5 million in funding for this proposal.

Source: Github

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28 mins ago

Avalanche founder believes Terra incident is as Bad as Mt. Gox

Avalanche founder Emin Gün Sirer said in an interview that the Terra incident was as serious as or worse than the Mt. Gox hack, which he fears would lead to more regulatory scrutiny. He admits that Avalanche was once held back by LUNA's rapid growth as LUNA attracted a lot of money. Emin Gün Sirer admitted that Avalanche caused some losses in the Terra incident due to Avalanche's previous partnership with Terra. But it did not disclose the specific amount of losses. Mt.Gox, located in Tokyo, Japan, was once the largest bitcoin exchange in the world, carrying more than 70% of bitcoin transactions at its peak, but went bankrupt in 2014 after a large-scale hacking attack. Previously, Avalanche officially stated that LFG and Terraform Labs currently hold about 3 million AVAXs in total. In view of the Terra chain fork proposal, LFG has not disclosed plans to use AVAX. If there are any plans to sell LFG reserves, the Avalanche Foundation is ready to work with LFG to develop a sound trading strategy.

Source: U.Today

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30 mins ago

KuCoin intends to use part of the previous $150 million financing to support application developers on KCC

KuCoin will use part of its recent $150 million financing to support application developers on KCC. A KuCoin spokesperson said that it has learned about the difficulties and obstacles encountered by the development team in the early stage of development, and will invest more resources to discover and support high-quality development teams and early innovative projects. Earlier on May 10, the cryptocurrency exchange KuCoin completed a $150 million financing at a valuation of $10 billion. Jump Crypto, the investment arm of Jump Trading, led the investment, and Circle Ventures, IDG Capital and Matrix Partners participated in the investment.

Source: CoinDesk

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42 mins ago

Tag Heuer accepts cryptocurrency payments in the US

Swiss watchmaker Tag Heuer, led by Frédéric, son of LVMH chairman Bernard Arnault, announced that all online purchases on its US website will support cryptocurrency payments. In a press statement on May 19, TAG Heuer noted that the new crypto payment option, in partnership with BitPay, will support 12 cryptocurrencies. This includes Bitcoin, Ethereum, Dogecoin and five pegged to the U.S. dollar stablecoins. In the pilot program, U.S. customers will have no minimum spending limits and a maximum limit of $10,000 per transaction. The company emphasized that the new payment method was driven by an increase in the number of customers using cryptocurrencies.

Source: Finbold

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58 mins ago

Harvest expands to Arbitrum

The revenue aggregation protocol Harvest Finance is listed on Arbitrum, and users can start using the protocol on Arbitrum through the interface provided by Dolomite on Harvest. Harvest plans to launch a DApp natively integrated with Arbitrum in the third quarter, and users do not need to migrate assets deployed through the Dolomite subdomain.

Source: Medium

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