VenomDAO has been bringing liquidity to the Harmony ecosystem since its launch. It has continued on this path with a number of products that allow users of the network to take advantage of its unique opportunities. It played an important role in ushering DeFi users into the Harmony ecosystem and its liquidity infrastructure is being…

The post Meet VenomDAO: The DeFi Protocol Building Liquidity For A Multi-Chain World appeared first on Bitcoin News Miner.

The U.S crypto industry is about to score a major legal win as the United States Treasury Department plans to spare crypto miners and other “ancillary parties” from tax reporting rules. In a letter to a group of senators on Friday, the Treasury indicated that it plans to exempt crypto miners, stakers, and other market […]

Read full post U.S. Treasury exempts cryptocurrency miners from IRS reporting rules. on Chaintimes.com.

This year’s cryptocurrency markets have seen a lot of activity. The first surge in the price of bitcoin attracted new investors, who in turn pushed the market to new highs. Cardano is a proof-of-stake blockchain with smart contract capabilities that is open source. Thus, developers can create decentralized apps and make them worldwide accessible via...

The post Description of Cardano and ADA: Why is it important? appeared first on Cryptoverze.

SINGAPORE, Feb 14, 2022 - (ACN Newswire) - Today, Moonstake is happy to announce our collaboration with the innovative cross-chain interoperability and liquidity transfer project deBridge. Through this collaboration, Moonstake will become a validator for the deBridge network that facilitates seamless bridging of any arbitrary asset and data, and NFTs across a wide range of blockchains including Ethereum, Binance Smart Chain, HECO, Arbitrum, and Polygon initially, with many more to come. Their infrastructure is enabling interoperability not only for assets and data, but also for NFTs and Metaverses.
Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. Currently, Moonstake supports 14 high-demand staking coins: Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, TRON, and Shiden. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1.8 Billion and by June 2021, Moonstake was the third best staking provider in the world out of 15,000 staking providers worldwide. In March 2021, the company entered DeFi with Muse.Finance, a DeFi platform, and will continue to expand into the DeFi business.

deBridge is a cross-chain interoperability and liquidity transfer protocol that allows truly decentralized transfer of arbitrary data and assets between various blockchains. The cross-chain intercommunication of deBridge smart contracts is powered by the network of independent validators elected by deBridge governance. These elected validators, which now includes Moonstake through this partnership, run a full node of each supported blockchain and the deBridge node to perform validation of cross-chain transactions that pass between smart contracts of the deBridge protocol in different chains.

deBridge commenced during the Chainlink Global Hackathon where the team strived to solve the urgent problems of transferring data and liquidity between blockchains and the lack of a single decentralized standard for bridging assets. The project was awarded the grand prize, taking first place among more than 140 teams worldwide.

On the collaboration, Founder of Moonstake, Mitsuru Tezuka, says: "As one of the world-leading staking providers, Moonstake is happy to support deBridge in building a truly decentralized cross-chain interoperability framework for blockchains, protocols, and applications as an official validator. We are very impressed with deBridge technical prowess and strong vision for not only technological innovation but also security for users, both of which are also key values that align with the vision of Moonstake to enable users the most advanced, safe, and friendly experience with digital assets.".

Alex Smirnov, CEO of deBridge, comments: "Our team is thrilled that Moonstake will be a part of deBridge's validator network to facilitate security and reliability. It's important for us to have experienced validators when we're building cross-chain infrastructure, and we're looking forward to working with Moonstake moving forward.

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.

Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnerships have been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore-listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey.

With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 1 billion. https://www.moonstake.io/

About deBridge

deBridge is a cross-chain interoperability and liquidity transfer protocol that allows truly decentralized transfer of assets between various blockchains. The cross-chain intercommunication of deBridge smart contracts is powered by a network of independent oracles/validators elected by deBridge governance. deBridge protocol is an infrastructure platform and hooking service which aims to become a standard for:
- Cross-chain composability of smart contracts
- Cross-chain swaps
- Bridging of any arbitrary asset and data
- Bridging of NFTs

https://debridge.finance/

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comToday, Moonstake is happy to announce our collaboration with the innovative cross-chain interoperability and liquidity transfer project deBridge.

[PRESS RELEASE – New York, NY, 10th February 2022] Humanode, the first cryptobiometric network where one human = one node, has successfully closed its $2M seed round. Led by Republic Capital, the seed round was supported by institutions such as Tribe Capital, Blizzard – the Avalanche ecosystem fund, Wintermute, GravityX Capital, Shima Capital, Genblock, AU21, […]

Smart contract-capable platform called Avalanche (AVAX) aims to improve blockchain technology particularly in terms of interoperability, scalability and usability.

The post Will Polygon’s MATIC Claim The $10 Price Tag By Q2 Following This Upgrade? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The ever-curious crypto folks who fail to resist over the future prospects of the coin market. Have set their radar on Polygon, which has been on a constant uphill trek. With its growing count of utility, developments, initiatives, and metrics. This time around, Polygon is the talk of the town with talks revolving around Hermez …

Theta Network has been rallying since the beginning of the month, when Resorts World…

The post Theta price is up again, rising 23% in 24 hours: Where can you buy it? appeared first on Coin Journal.

Humanode, a crypto-biometric network where one human equals one node and crypto firm Paradigm’s in-house project, today announced it successfully closed a $2 million seed funding round. Led by Republic Capital, the seed round was supported by others including Tribe Capital, Blizzard — the Avalanche ecosystem fund, Wintermute, GravityX Capital, Shima Capital, Genblock, AU21, and […]

The post Crypto-biometric network Humanode raises $2M in seed funding appeared first on CryptoNinjas.

Recently, highly popular pseudonymous crypto analyst and influencer “Coin Bureau” explained why he is bullish on algorithmic stablecoin platform Terra ($LUNA). What Is Terra ($LUNA)? The official Terra documentation has this to say about the Terra Protocol: “The Terra protocol is the leading decentralized and open-source public blockchain protocol for algorithmic stablecoins. Using a combination of […]

London, UK, 9th February, 2022, Chainwire Cult DAO is happy to announce its launch and has released The Cult Manifesto, ...

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