Decentralized Exchange Bancor Officially Launches Upgraded V2 Platform

The Bancor project has launched a heavily upgraded version of its decentralized exchange, promising to solve what it calls “DeFi’s dirty little secret.” According to a blog post released on Friday, the contracts have been deployed to mainnet in a beta launch mode. Each pool will have its liquidity capped to $1 million until a “pool manager” permanently removes the limitation when it is confirmed safe. As Cointelegraph previously reported, the exchange mitigates the issue of impermanent loss, where liquidity providers could lose some of their money as prices for…

Polyient Games Launches Avalanche-Based DEX for Collectibles

Ava Labs, the development team behind the Avalanche blockchain has teamed up with non-fungible token (NFT)-focussed investment firm Polyient Games to launch a decentralized exchange (DEX) for crypto collectibles. Polyient’s NFT exchange will be powered by the Avalanche blockchain and will exist within the firm’s forthcoming Polyient Games Marketplace. The exchange is slated to host exclusive NFT auctions and peer-to-peer trading, with plans for “more liquid NFT trading products” and “NFT-adjacent tokens” in the future. Polyient’s native utility and rewards token, PGFK Particles (XPGPs), will be used to power the…

‘Crypto in Context’ Program Launches to Educate Regions in Need

The Electric Coin Company, or ECC, the outfit behind the privacy-focused Zcash cryptocurrency, has initiated the Crypto in Context Program. The effort touts itself as a crypto education, assistive and collaborative movement, looking to impact regions where individuals lack financial service access and other difficulties, a July 29 ECC blog post said. The program harnesses “hands-on” interaction and fellowship, utilizing players from the crypto sector, the post said. The effort keys on regions in need Cryptocurrency holds a number of financial benefits, including wealth storage, income generation, lending and borrowing…

Cardano Surges 11% as Shelley Launches: What’s Next for ADA?

While all eyes may now be on Bitcoin and Ethereum, Cardano (ADA) has been one of the best performing digital assets over the past day. According to data from Coin Market Cap, the popular altcoin has surged over 11% in the past 24 hours, moving towards $0.14 once again. As of this article’s writing, the altcoin changes hands for $0.137, making it the sixth-largest public cryptocurrency in circulation. This price action comes as Cardano’s developers have confirmed that the Shelley hard fork has started. Shelley is an upgrade to the…

BTC.top Launches ‘Joint Mining’ Platform, Pitching It as a Cloud Mining Killer

China-based mining pool Btc.top wants to upgrade the concept of cloud mining, which allows users to mine crypto remotely by buying a certain amount of hash power from a third-party, with what it calls “joint mining.” Announced on July 25, the company’s new “joint mining” subsidiary B.top aims to reduce the risks associated with “popular cloud mining products” by offering more flexibility. Specifically, B.top claims to charge service and maintenance fees to its users only after they have reached the break-even point, meaning that its customers start to share profits…

DC Comics Artist Launches VR Exhibition in Decentraland

José Delbo, a comic book artist who has drawn for both DC and Marvel, kicks off a week-long exhibition today (July 23) in the Ethereum-based virtual reality world, Decentraland. The artist, who started his career at the age of 16, is known for drawing Wonder Woman for DC Comics and Transformers for Marvel. He is releasing a number of digital images in the VR world for viewing and sale at the in-game MakersPlace gallery, with proof of ownership recorded using blockchain technology. Artist José Delbo with Batman. Source: Decentraland Cointelegraph…

World Stablecoin Association Launches in Switzerland

Amid the massive growth of stablecoins in 2020, the cryptocurrency community is setting up an international stablecoin organization in Switzerland. Called the World Stablecoin Association, or WSA, the Geneva-headquartered organization is to be launched by cryptocurrency exchange VirgoX and blockchain capital markets firm Global Digital Assets, or GDA Capital. The WSA announced this new to Cointelegraph on July 23. Adding key stablecoin projects Adam Cai, CEO of VirgoX, outlined that the ultimate goal of the initiative is to build a true, unbiased global association composed of all major stablecoin projects. …

Eftpos Australia Launches DLT Micropayments Pilot With Hedera

Eftpos Australia, the country’s leading point-of-sale technology provider, has announced a partnership with distributed ledger technology (DLT) firm Hedera to conduct a micropayments proof-of-concept using an Australian dollar stablecoin. Eftpos chief executive Stephen Benton described the collaboration with Hedera as part of a broader digital payments innovation strategy intended to modernize Australia’s payment sector. The pilot aims to demonstrate how micropayments can be used to offer innovative payment solutions, such as “pay per page content or streaming services on a pay-per-second basis.” The proof-of-concept will be powered by an Australian…

Alibaba Payments Subsidiary Launches AntChain Blockchain Solution

The payments subsidiary of the Chinese e-commerce giant Alibaba, Ant Group, today launched a new blockchain solution dubbed AntChain.  According to a report published on South China Morning Post, AntChain is built on top of Ant Group’s blockchain technology combining artificial intelligence, Internet of Things (IoT), secure computation and other technologies. As part of the AntChain initiative, the Ant Group has built a new workstation similar in size to a laptop. It comes with built-in software and hardware accelerator meant to smoothen the functioning of blockchain applications. AntChain’s workstation can…

Shapeshift Launches Self-Custody Trading App for Android and iOS Users

Self-custody crypto platform Shapeshift has launched a mobile trading app for iOS and android users to buy and sell digital assets such as Bitcoin (BTC) and Ether (ETH) without trusting their private keys to a 3rd party. The app which only requires users to use an email address and password to sign in with currently supports BTC, ETH, Litecoin (LTC), DigiByte (DGB), TrueUSD TUSD and ERC-20 tokens. Shapeshift CEO and Founder Erik Voorhees stated the mobile app will give users self-sovereign finance anywhere: “As traditional financial systems become increasingly tenuous,…