UnionBank of the Philippines to utilize METACO and IBM for its crypto custody operations
METACO, a provider of security software and infrastructure to the crypto-asset ecosystem, has announced that Union Bank of the Philippines will deploy its digital asset management solution.
Moreover, UnionBank is deploying services on IBM Cloud, in order to leverage the confidential computing capabilities of IBM’s digital asset infrastructure which are fully integrated with METACO’s software.
One of the largest universal banks in the Philippines, with over $15 billion in assets under management, UnionBank, will leverage METACO Harmonize, METACO’s digital asset orchestration system.
Binance and Crypto.com Announce Support for Two Ethereum-Based Altcoins As Kraken Adds Terra (LUNA)
Three of the top crypto exchanges are adding a litany of new coins for trading, sending prices on a volatile roller coaster ride.
In a new announcement, Binance says they are listing metaverse altcoin Highstreet (HIGH) for open trading.
According to Binance Research,
LBank Weekly Listing Report, 15th November, 2021
As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities.
New Listings on LBank ExchangeScheduled this week starting on 15th Nov.
For a more complete list please follow our twitter @LBank_Exchange
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Drops Announces Upcoming NFT Lending Platform to Advance Market Liquidity
Drops announced today the upcoming launch of its NFT lending platform, with the testnet set to mark the initial phase of its mainnet launch. The Drops NFT lending ecosystem seeks to bridge the liquidity gap in NFT markets by enabling participants to use their metaverse items as loan collateral.
With NFTs gaining popularity, Drops is optimistic about tapping into this growing ecosystem to provide the much-needed liquidity solutions. The Drops NFT lending platform introduces an avenue to collateralize idle NFTs, creating a more liquid market where users can obtain loans and earn an extra yield.
CEX.IO Exchange has reduced the fees for withdrawal to Visa cards to 2.5%
Currently, this is the lowest commission for withdrawal to Visa cards among all cryptocurrency exchanges. This promotion will not last long, so hurry to take advantage of this opportunity and register right now!
Coinbase Adds Support for Two Ethereum-Based Altcoins Across All of Its Platforms
Top US crypto giant Coinbase is adding two Ethereum (ETH) powered altcoins to its arsenal of tokens.
After their initial launch on Coinbase Pro, BadgerDAO (BADGER) and Rarible (RARI) are now available to buy, sell, convert, store, send and receive on the company’s retail trading platform Coinbase.com and its iOS and Android applications.
A lot of good deals in September. Look at one more of them. As always, excellent performance from our TrendGuru AI.
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Closed deal FTM/USDT
Open: $0.26867, 06.08.2021
Close: $1.3955, 08.09.2021
Profit: +419.41%
Duration: 33 days
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What Is FTM?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself.
Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional PoS algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.
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Obscure Crypto Asset Explodes 155% After Receiving Burst of Support From Binance
A little-known crypto asset is skyrocketing after its surprise addition to the global crypto exchange Binance.
The decentralized code collaboration project Radicle (RAD) shot from $9.34 to $23.85 – a 155% price increase – after the announcement. The altcoin currently sits at $21.33.
The Radicle network serves as an alternative to GitHub by allowing developers to collaborate via smart contracts rather than relying on the permission of centralized system administrators.
Source: CoinGeckoThe governing RAD native token works off the Ethereum (ETH) blockchain and offers holders discounted fees and governance influence.
According to the Radicle website,
Cardano Unveils ‘Djed’ – An Innovative Stablecoin For The Fast-Growing Ecosystem Issued By COTI
Cardano’s new stablecoin, Djed, will now be issued by the COTI platform according to a partnership announcement on Sunday at the Cardano summit in Wyoming.
Djed, a product of efforts between IOG, Cardano’s Emurgo, and Ergo Blockchain is based on an algorithmic design that uses smart contracts to ensure price stabilization improving usability in decentralized finance (DeFi) operations. It operates by keeping a reserve of base coins, and minting and burning stablecoins and reserve coins.
You Can Now Buy NFTs of Mumbai’s Most Expensive Properties
NFTs have become a popular way for people to invest in digital art, video games, and even real-life collectibles. Now you can buy the most expensive properties in Mumbai with NFTs, powered by Next Earth, the BSC-based replica of Earth.
Aptly named “The City of Dreams,” Mumbai is renowned as one of the world’s most exciting cities. It has an urban population of about 22 million people and is situated on the west coast of India. The city has numerous international airports, including Chhatrapati Shivaji International Airport, which is India’s second busiest airport – quite a feat for a country with nearly one and a half billion people.