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Investigating DeFi for Refugee Financial Inclusion

Investigating DeFi for refugee financial inclusion. The rapid advancements in blockchain technology have given rise to Decentralized Finance (DeFi), a financial ecosystem offering a myriad of opportunities without the need for traditional intermediaries like banks. One of the most compelling use cases for DeFi is its potential to foster financial inclusion, especially for marginalized populations such as refugees. This article explores how DeFi can revolutionize financial access for refugees, addressing challenges and presenting viable solutions. The Plight of Refugees and Financial Exclusion Refugees often find themselves in situations where they lack access to essential financial services. Displacement strips them of the necessary documentation required by traditional financial institutions, effectively excluding them from banking, credit, and insurance services. This financial exclusion perpetuates poverty, making it difficult for refugees to rebuild their lives. How DeFi Can Help D...

Secret Network Unveils the .secret Web3 Domain in Partnership with Unstoppable Domains

Unstoppable Domains has partnered with Secret Network to launch a new top-level domain (TLD) called “. secret .” This innovative domain extension offers users a unique digital identity within the Web3 ecosystem. What are “.secret” Domains? Users can now register “. secret ” domains on the https://www. secret -domains.com/. These domains function beyond just website addresses. They serve as comprehensive digital identifiers that allow users to build unique online profiles. Additionally, Web3 domains offer several blockchain-based Features : Sending and receiving cryptocurrencies directly through your domain. Accessing all 865+ integrated dApps on the Unstoppable Domains platform. Earning exclusive collectible badges. Securely messaging other Web3 domain holders via applications like Group Chat. Unstoppable Messaging, powered by the Web3 messaging protocol XMTP, provides a built-in solution for connecting with friends, following projects, and fostering...

Alchemy Pay now Supports Kontos

Alchemy Pay, a leading fiat-to-crypto payment gateway, is thrilled to announce a strategic partnership with Kontos, a cutting-edge zk-powered omnichain infrastructure.  Through Alchemy Pay’s on-and-off ramp solution, Kontos Wallet users can now directly buy KUSDT with their preferred local fiat currency using various payment methods. This integration eliminates the complexities often associated with crypto purchases, making KUSDT more accessible to a global audience. Kontos Wallet users have two ways to acquire KUSDT with fiat: Kontos Wallet OTC Section: Simply select Alchemy Pay as your provider and choose your desired fiat currency. Alchemy Pay Ramp Platform: Purchase KUSDT directly on the Kontos network through Alchemy Pay’s user-friendly Ramp solution. Kontos leverages zero-knowledge (zk) technology to create a smooth omnichain experience. It simplifies managing and trading digital assets across different blockchains by offering intuitive abstractions for accounts, chain...

Exploring BRC20: Understanding the Standard for Token Creation on the Binance Smart Chain

In the rapidly evolving landscape of blockchain technology, the Binance Smart Chain (BSC) has emerged as a prominent player, offering a scalable and efficient platform for decentralized applications (DApps) and digital assets. At the heart of the BSC ecosystem lies the BRC20 standard, a protocol that governs the creation and management of tokens on the network. In this article, we will delve into the intricacies of BRC20, exploring its Features , benefits, use cases, and implications for the broader cryptocurrency ecosystem. Understanding BRC20 BRC20 is a token standard on the Binance Smart Chain, inspired by the widely adopted ERC20 standard on the Ethereum blockchain. Like its Ethereum counterpart, BRC20 defines a set of rules and functions that tokens must adhere to to be compatible with the BSC ecosystem. This standardization ensures interoperability between different tokens and facilitates seamless integration with DApps, exchanges, and other blockchain-based platforms. Key Feat...

Clearpool introduced Alphanonce

Clearpool introduced Alphanonce a renowned crypto-native trading and investment firm. The Alphanonce pool is the third opened recently on Clearpool as the appetite for digital asset credit continues to grow. Alphanonce is a crypto-native firm founded in 2018. Over the past five years, the team has demonstrated a long-standing track record of generating stable and consistent returns through its market-neutral, quantitative trading strategy. With 30 employees, and engineers constituting 50% of the team, they implement exclusive quant-driven trading algorithms developed in-house to effectively recognize and leverage opportunities in the crypto market. What is Alphanonce’s trading strategy? Alphanonce utilize quantitative arbitrage strategies to maintain a well-balanced market-neutral position. Its meticulously designed strategies include various trading methods, such as cross CEX spot arbitrage trading, Futures-Spot arbitrage, Maker-Taker trading, and inter- and intra-DEX trading. Its pr...

The Lend Finance Pre-Launch

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The LEND Finance Pre-Launch is coming. The pre-launch event from LEND Finance offers up significant prizes. LEND is the first lending protocol on BNB Chain that shares the revenue generated by the ecosystem back to its native token holders, bringing an excellent opportunity for its users to earn actual yield, passively. The platform allows users to lend and borrow tokens, by providing liquidity to lending pools to earn interest and $LEND tokens. These $LEND tokens can then be staked, or locked to earn 25% of all revenue generated by its multi-chain platform. The LEND platform allows for the following LEND (Supply) your crypto assets to earn interest and bonus LEND tokens Provide collateral to borrow crypto assets, also earning LEND tokens Supply LEND tokens to earn more LEND tokens Stake LEND tokens to earn protocol revenue Lock LEND tokens to earn protocol revenue + fees Introducing LEND Finance Token $LEND $LEND tokens are a BEP20 token that will first launch on the BNB Chain Network...

Gagarin Partners with Bitgert

Gagarin artners with Bitgert. GAGARIN continues to evolve, opening up new opportunities for the community to invest and successfully launch projects. This can be illustrated by its integration with Bitgert , the fastest and most rapidly growing ecosystem. It is noteworthy that a special grant was allocated to GAGARIN for these purposes, which has noticeably accelerated the technical implementation of the plan in question. Bitgert considers one of the most promising and scalable blockchains for a reason. It is capable of processing up to 100,000 transactions per second. At the same time, the fee for gas equals practically zero. More specifically, there is a fee of $0.00000001, which allows a user to conduct 100 million transactions for as little as $1. This is currently the lowest figure in the world. Naturally, such conditions, combined with the reliability and policies of the blockchain itself, are attracting the attention of DeFi, NFT, Web3, and other developers, contributing to the...

Celer Expands Support of zkSync

Celer expands support of zkSync to include asset bridging and message passing (Celer IM) for zkSync 2.0. Celer has successfully integrated with the zkSync 2.0 testnet and will launch on Day 1 of zkSync 2.0’s fair launch alpha mainnet milestone. After its initial integration in early 2022 for both asset bridging and generic message passing (Celer IM) support for zkSync.They are happy to be able to continue that support as they continue to grow. With this, Celer can continue to enable interoperability between zkSync and other ecosystems, as well as maintain the ability for developers and users to have access to fast, secure, and easy cross-chain user experiences. zkSync is a ZK rollup, a trustless protocol that uses cryptographic validity proofs. Provide scalable and low-cost transactions on Ethereum. This is all while the computation and most of the data storage are done off-chain. All transactions are proven on Ethereum Mainnet. This allows users to enjoy the lower costs of using a ZK ...

AstridDAO will follow the latest development of Polkadot XCM to make the free exchange of assets between parachains possible.

What is XCM? XCM is short for Cross-Consensus Message Format , it is a general way for consensus systems to communicate with each other. Though, before XCM, there were several kinds of consensus systems , all of them have their format of transmitting messages and cannot communicate with each other. The goal for XCM is to connect all of them in Web3. Different chains may have their own ‘dialects’, but XCM can be the ‘mother tongue’ that is understandable on all chains. What can it bring to AstridDAO**?** First, with XCM being applied, BAI, the stablecoin in Polkadot, can flow freely to other parachains and will have more use cases, such as the payment method in more Metaverses. Besides, DOT, GLMR, and other collaterals can be deposited in AstridDAO to borrow BAI, which means you can use BAI to leverage the value of more risky assets without selling them. Likewise, BAI can be using in other parachains as a means of value storage to fight against the high volatility of cryptos. ...