Blockchain
Tezos India launches the second edition of Tezos India Fellowship, developing next-generation blockchain talent
Tezos India, a non-profit organization promoting the Tezos ecosystem, an open-source blockchain protocol, has announced the launch of the second edition of the Tezos India Fellowship. Building on the success of the first edition, 30 exceptional builders will spend eight weeks developing impactful projects in the Tezos ecosystem. The Tezos India Fellowship is now accepting applications, and will be open till July 3, 2021.
The Fellowship offers top developers in India mentorship, the opportunity to build on the Tezos network, access to the global Tezos ecosystem, and a $2000 stipend over the course of the 8-week mentor-led program.
Tezos India is at the forefront of raising the profile and encouraging greater adoption of Tezos, in partnership with Devfolio,through the TezIndia hackathon and as a regular sponsor of university hackathons across India. It is backed by the success of the first Tezos India Fellowship, which took place last year and saw over 1,400 applications. Of that cohort, the top 10 developers went on to build innovative use-cases, from quadratic funding platforms to NFT-enabled cricket fantasy leagues (CricTez) on Tezos. Selected projects also received up to $10,000 in follow-up grants. Tezos India aims to keep that momentum going with its second edition.
As innovation in the blockchain space advances in India, Tezos India constantly strives to address key barriers facing blockchain adoption to date: smart contract safety, long-term upgradability, and open participation. Tezos is a self-upgradable blockchain that enables forkless upgrades with its on-chain governance system, improving accessibility and longevity for solutions built and utilized by the Tezos community. .
Consistent quarterly protocol upgrades (most recently Florence, with Granada in tow) has led to growing ecosystem adoption across new industry verticals, from DeFi ($7 million total value locked in Plenty Defi, 3 days post-launch) to NFTs (such as Formula One Red Bull Honda Racing collectibles). With these mainstream adoption rapidly growing for blockchain technology, there has never been a better time to build on Tezos.
According to the latest DeFi trends, over $100 billion worth of assets are locked up in DeFi. Furthermore, NFTs and dApps are popping up in the news frequently with creative use cases in sports, games, entertainment and more. With the rise in demand for blockchain developers globally, the Tezos India Fellowship aims to nurture the talent from the 4.2 million strong talent pool of leading software developers in India.
“After the exemplary success of the inaugural Tezos India Fellowship program, this year we hope to see even more enthusiastic participation and provide a program filled with learning, growth, and improvements. With the consistent and rapid growth of the Tezos ecosystem, we hope to provide builders with an environment conducive to innovation and creativity. We look forward to seeing what cutting-edge ideas emerge and how they fare in the Tezos ecosystem. Our objective is to empower and strengthen the developer community of India and we have always been at the forefront of educating coders by way of events, workshops, hackathons, meetups, fellowships, etc. With the Tezos India Fellowship program, we aim to spread awareness and encourage and educate the tech talent pool about what a decentralized future could look like for India and the catalyst that Tezos can provide as a platform in this direction,” said Om Malviya, President and Co-Founder of Tezos India
Throughout the fellowship, participants are expected to achieve weekly milestones under their mentor, which will form the basis of bi-weekly payouts. A total sum of $2000 will be rewarded to each of the 30 developers, throughout the course of the fellowship. Most excitingly, selected projects will be eligible for additional funding on the basis of an evaluation system, closer to the end of the fellowship. Last year, up to $10,000 was awarded through this follow-up grants process.
Tezos India is a non-profit organization with a strong focus on developer adoption, education, and providing assistance to enthusiastic and talented developers to build their creative blockchain solutions on Tezos. Tezos India regularly organizes educational webinars, workshops, hackathons, and fellowships, to nurture, develop, and facilitate the Indian blockchain ecosystem.
If you’d like to do your part in building a better, decentralised future and contribute to cutting-edge open source technology, the Tezos India Fellowship is your chance.
The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.
The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.
Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.
Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.
Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.
Source: blockchain.news
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Blockchain
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.
The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.
Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.
The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.
In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.
Source: blockchain.news
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The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.
Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.
By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.
Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.
The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.
Source: cryptonews.com
The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.
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