Blockchain
KuCoin Welcomes Block Crafters to Join Its Global Ambassador Program
KuCoin, an IDG-backed international cryptocurrency exchange, announced today that Seoul-based investment fund and blockchain consulting firm Block Crafters will join its Global Titan Ambassador program. The Korean leading blockchain accelerator will work with KuCoin in terms of early blockchain projects discovery and acceleration, as well as KuCoin and KCS ecosystem development.
In recent years, blockchain technology has gained attention amongst all the major industries. According to CoinSchedule, the total amount raised by ICOs in 2018 was almost 3 times higher than in 2017. However, many projects based on this revolutionary technology do not work out well. A report by the China Academy of Information and Communications Technology (CAICT) states that almost 92% of blockchain projects have failed. This fact raises an industry-wide need to find blockchain projects with real value.
As one of the largest global blockchain accelerators, Block Crafters is dedicated to becoming the world’s best financial group focused on blockchain technology. It has accelerated and supported over 30 projects related to mainnet development, finance, games, mobility, and SNS. KuCoin, one of the most popular cryptocurrency trading platforms, has often been known for its high standards when it comes to project listings, as well as the wide range of tradable digital assets. As of now, the platform has listed over 180 tokens with nearly 400 trading pairs, and many projects like Aergo, Metadium, and QuarkChain have chosen KuCoin to be their first exchange.
“At KuCoin, we are always committed to finding the ‘hidden gems’ in the crypto world and bringing them to the masses before anyone else,” said Michael Gan, CEO at KuCoin. “Korea has accumulated a number of outstanding blockchain-related firms and become one of the crypto hubs of Asia. We are delighted to partner with Block Crafters and we believe this will enable us to better empower the blockchain start-ups and communities there.”
Block Crafters Co-CEO, Suyong Park commented: “Block Crafters is proud to be partners with KuCoin as an ambassador. Block Crafters will put efforts to recommend and include good blockchain projects to KuCoin to build a more reputable ecosystem.”
Launched in August last year, the KuCoin Global Titan Ambassador Program is designed to partner top blockchain organizations with the platform to find the best blockchain and crypto projects. Through the partnership, projects suggested by ambassadors will be checked by the KuCoin project operating team first and given fast-track treatment if approved for listing. NEO Global Capital (NGC), Breyer Labs, LFG Global, CV Labs, and Tokengate have previously been announced as KuCoin global ambassadors.
SOURCE KuCoin
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.
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