Blockchain
OKEx deepens commitment to users listing a further 6 innovative projects last week
OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, has strengthened its commitment to delivering the widest product diversity for its users by listing six new innovative projects last week. OKEx users can now invest in some of the most in-demand tokens in the industry with reduced trading fees thanks to OKEx’s ongoing user loyalty campaign.
Earlier last week, spot trading pairs of popular tokens API3, COVER, HEGIC, PICKLE and KP3R went live against USDT with trading pairs against BTC and ETH available one hour later. Deposits and withdrawals of these five tokens has now opened. Spot trading of NuCypher’s decentralized cryptological network token NU will be available from today, Dec. 11.
With the addition of these latest cutting-edge blockchain protocol tokens, OKEx once again reinforces its support for the furtherment of the DeFi industry as well as the continued development of the decentralized web.
Cover Protocol (COVER) provides peer-to-peer coverage with fungible tokens, allowing the market to set coverage prices as opposed to a bonding curve, and protecting DeFi users against smart contract risk. Hegic (HEGIC), on the other hand, is an on-chain options trading protocol built on Ethereum for trustless creating, maintaining and settling of hedge contracts, while Pickle Finance (PICKLE) provides another option for keen yield farmers, making it easy for users to earn generous compounding yields on their deposits by farming, staking and swapping.
Keep3r (KP3R), API3 (API3) and NuCypher (Nu), meanwhile, are focused on building out the decentralized web with secure tools and innovations. Keep3r is a decentralized job-matching platform for connecting external DevOps with projects. API3 provides decentralized APIs for Web 3.0 that allow developers to create powerful DApps using decentrally governed and quantifiably secure data feeds, and NuCypher is a decentralized cryptological network offering accessible, intuitive and extensible runtimes and interfaces for secrets management. Its network is permissionless, censorship-resistant and accessible to anyone.
“We are extremely pleased to see the constant avant-garde thinking that comes out of the DeFi economy, with further innovations such as Hegic’s on-chain options contracts and even more flexible yield-farming propositions from Pickle Finance. It’s also refreshing to see projects such as Cover Protocol actively seeking to protect DeFi users from smart contract vulnerabilities and make transacting in the space safer,” said OKEx CEO Jay Hao, adding:
“There are also so many fascinating sub-sectors in the blockchain industry that don’t always grab as many headlines as Bitcoin, Ethereum, or DeFi. But, we’re very excited to see the next waves of innovation in the decentralized web and cryptography.”
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
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Blockchain
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