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Blockchain UrbanChain announced today that it has raised a £5.25 million Series A round spearheaded by top global investment firm Eurazeo through its venture expertise in the Climate and Smart City space. It does this on a half-hourly basis, using a system that is driven by an integrated blockchain and AI, and it continues to disrupt the sector by cutting bill prices for both commercial and residential clients. The P2P exchange offered by the company makes it possible for anyone to purchase truly affordable green energy while also advancing the goal of reaching net zero. Following the completion of Series…

Blockchain Lyra, a prominent entity offering crypto-based virtual cards, has announced the launch of its upgraded services via Optimism. The platform took to Twitter to disclose that the exclusive services are now available on the protocol of Optimism. The company also published a blog post on its official web portal to provide more details about the latest features. Lyra Offers Latest Protocol Version on Optimism to Provide Upgraded Trading Lyra mentioned that the firm is releasing an enhanced version through Optimism. Following the effective performance witnessed in the initial three months on the protocol of Arbitrum, the platform has been…

Blockchain The proposal seeks to install Uniswap on the Fantom chain using the Axelar cross-chain interoperability protocol, a strategic move that will capitalize on existing market possibilities and boost Uniswap’s position in the DeFi domain. Fantom Chain is a smart-contract platform that is extremely scalable and secure, allowing for the quick deployment of dApps. Fantom provides quick, safe, and low-cost transactions because of its unique Directed Acyclic Graph structure and powerful consensus process. Fantom is EVM compatible, letting developers port and deploy their current Ethereum dApps on the Fantom Chain with ease. Because of this compatibility, as well as Fantom’s…

Blockchain Payment giant Mastercard finds that crypto and blockchain are useful and can bring much more value to financial industries as a whole, but only when they tackle the security and ease of use issues in order to build trust. Raj Dhamodharan, Mastercard’s EVP and head of crypto and blockchain, spoke during a North America Innovation Day event, and said that the novel technologies of blockchain and crypto are becoming more popular globally. However, Dhamodharan noted, the lack of security and complex user interactions limit the technologies’ use cases and utilities. Therefore, while crypto technology has the ability to store…

NFT Pixelated pictures of ‘Pepe the Frog’ comics riding spaceships were the latest allure for digital art collectors in the Web3 world. The so-called Bitcoin-based “Space Pepes” collection became the most traded non-fungible tokens (NFTs) over a seven-day period, data from Cryptoslam shows, with over $7.3 million worth of the collection traded. Each of these Space Pepes sells for just under $100, and data shows the bulk of trading volumes came on May 19. Volumes have since gradually fallen. These weekly figures were higher than the popular Ethereum-based collection Bored Apes Yacht Club (BAYC) and highlight a growing trend of…

Blockchain Squid has announced its plans to integrate with Filecoin Virtual Machine, also known as FVM. The integration will be simultaneously undertaken by Axelar to fulfill the objective of wider adoption of cryptocurrencies. Calling this integration an important moment, Squid has highlighted in the announcement that it is merely a step forward on the road that leads to the future of interchain. Filecoin brings to the table the reputation of being utilized by some of the larger organizations, irrespective of their backgrounds. Meaning they could be inside or outside the crypto industry and still be able to leverage the functionalities…

Blockchain Matter Labs hired former Activision Blizzard Vice President of Community Michael Lee as its senior vice president of growth, to focus on bringing gaming to its zkSync platform. At Activision, Lee was focused on its 400 million-strong community across its major games, such as Call of Duty and Overwatch. “Crypto is still waiting for its killer app. My personal thesis is — only an epic game has the potential to launch to a million players overnight and quickly scale to ten million if beautifully designed and fun to play,” Lee said in a statement. Lee will be focused on…

Blockchain Sandeep Nailwal, the co-founder of the Ethereum-scaling platform, Polygon, believes Web3 gaming will eventually become one of the biggest drivers of mass crypto adoption. In a May 25 Ask Me Anything (AMA) on r/India community on Reddit, Nailwal was asked what he sees as some genuine at-scale “real life” use cases for blockchain other than trading and payments. In response, Nailwal stated: “I think gaming is the largest scale opportunity for crypto, adding: “There are some top games launching in Web3 in the next 6-18 months and it would be very interesting to see if some of them are…

NFT Multi-chain NFT marketplace Magic Eden is putting more focus on its original home on Solana, and today the firm announced a “Chapter II” initiative that will see Magic Eden further open its platform in various ways—and even give traders free SOL for buying and selling NFTs. Magic Eden has started aggregating listings from competing marketplaces, giving traders a single destination to manage listings across platforms and see prices and listings across the entire Solana NFT market. The startup—which was valued at $1.6 billion as of June 2022—said that it will also open-source its marketplace smart contract in the coming…

beginner In the world of finance, cryptocurrency trading has emerged as a dynamic, lucrative sector. Despite the cryptocurrency space’s volatility, the potential for high returns has drawn investors from around the globe. However, just like any form of investment, trading cryptocurrencies comes with its own set of challenges. In this article, I’ll talk about how to trade cryptocurrency and make profit. But first, let’s take a look at some of the most popular strategies for profiting from crypto assets like Bitcoin and Ethereum. Investing in Blockchain Projects Investment in blockchain projects is one of the easiest ways to profit from…