After making an all-time excessive of $58,640, Bitcoin is now buying and selling at $57,931. In the meantime, the second-largest cryptocurrency, Ethereum, is buying and selling near $1,938.
Let’s discover out some attention-grabbing crypto information for at this time.
Fuse Network introduced the introduction of the FuseDollar (fUSD), an asset-backed stablecoin. Furthermore, fUSD is a 1:1, USDC-backed stablecoin which will probably be used as a medium of fee by the Fuse Community group. As well as, the group additionally has plans to hyperlink the Fuse cell app with different fee choices resembling financial institution deposits, debit playing cards, bank cards, or Apple Pay. With this integration, customers will be capable to buy FuseDollar and Fuse tokens immediately from the cell app. Moreover, the group can be planning so as to add extra stablecoins, resembling DAI, for backing, which can enable customers to diversify their portfolio.
PAID Network partnered with KYC3COM to combine KYC3 into the Ignition platform. As per the tweet, KYC3 will improve the Know Your Buyer (KYC) course of with 2-factor biometric authentication. This partnership helps PAID to look at the knowledge of the companies they’re coping with. Furthermore, PAID will use KYC3 and Peer Mountain for this evaluation and their main focus will probably be areas resembling credit score, settlement, transaction, mortgage, and insurance coverage organizations. Moreover, this implementation will simplify the KYC course of in addition to it is going to scale back the fee and onboarding time.
Exeedme partnered with ChainGuardians to bridge blockchain and NFTs into gaming. Based on the tweet, it will assist avid gamers to monetize their expertise, and ChainGuardians avid gamers may problem one another utilizing the Exeedme platform. Furthermore, the group has plans to combine NFT mining, which can give extra mining choices to ChainGuardians customers. Moreover, Exeedme avid gamers may also earn $XED and unique NFTs that they will commerce, promote, or use to entry unique DeFi and gaming occasions.
Kolektivo Labs launched on Fuse Network to scale blockchain-based improvement within the island of Curaçao. Furthermore, Kolektivo Labs is an progressive hub of socially influenced leaders and entrepreneurs, who’re skilled in creating blockchain infrastructure instruments. These instruments are used to assist and educate the folks of Curaçao on cryptocurrencies. Moreover, this group created CuraDAI, which is a stablecoin that’s backed by the native Antillean Guilder. Resulting from Ethereum’s excessive transaction charges and lengthy ready time, customers had been going through points. Therefore, the launch of Kolektivo Labs on Fuse Community will assist customers to ship and obtain CuraDAI in few seconds and underneath $0.01 regardless of any worries concerning the transaction quantity. Moreover, the group additionally has plans to deliver governance and finance right into a single dApp which will probably be obtainable on iOS and Android.
The final crypto information we’ve got from Utrust, which has introduced the personalized integration of Shopify for its retailers by way of the Utrust app. Furthermore, Watches of Wales is the primary to make use of this e-commerce facility. Watches of Wales is a number one title within the sale and buy of the world’s best manufacturers, resembling Omega, Rolex, and others. To make use of this service, the retailers need to file for an utility to get restricted entry to the Utrust app. Moreover, the group has plans so as to add extra retailers worldwide, which can improve the adoption of crypto belongings globally.
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