Coinjournal
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MakerDAO launches $5 million legal defense fund
- February 2, 2023
- Posted by: MasterAdmin
- Category: Coinjournal
No Comments- MakerDAO will set up the Defense Fund with an initial 5 million DAI.
- The fund acts as a self-insurance tool and will only cover legal defense expenses of specific MakerDAO participants.
- Funds will be secured in a multisig wallet, with the Maker Protocol taking control as a beneficiary.
MakerDAO, the decentralized autonomous organization (DAO) that issues the Dai (DAI) stablecoin and governance token Maker (MKR), has announced the launch of a new fund to be utilized in the case of legal or regulatory action involving the DAO’s participants.…
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BNB Chain releases whitepaper for new blockchain BNB Greenfield
- February 2, 2023
- Posted by: MasterAdmin
- Category: Coinjournal
- BNB Chain announced the release of the Greenfield whitepaper on Wednesday, 1 February 2023.
- The new blockchain will provide the infrastructure for a decentralised data economy, powered by BNB.
- Developers are working on a testnet expected over the next few months.
The BNB Chain team has today released the whitepaper for a new decentralised data ownership and storage network dubbed BNB Greenfield.…
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Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps
- February 2, 2023
- Posted by: MasterAdmin
- Category: Coinjournal
Seattle, Washington, 1st February, 2023, Chainwire
Peer today announced the hiring of a specialist team of engineers from Zenly to develop its AI-powered 3D maps. The team, known in tech circles by its codename “Wonka,” developed Zenly’s innovative 3D social maps platform that grew to more than 160 million downloads worldwide and 35 million daily active users in 2022.
“Zenly users adored its polished and delightful features,” explained Tony Tran, Founder & CEO of Peer Inc.
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LBRY Credits (LBC) shoots up by 90% after being declared not a security
- February 1, 2023
- Posted by: MasterAdmin
- Category: Coinjournal
- The US SEC has accepted that the LBRY Credits (LBC) token is not a security.
- LBC Token shot up to a daily high of $0.03225 after the news.
- At press time, the token was trading at $0.0278.
The price of LBRY Credits (LBC) surged by over 90% earlier today after the US Securities and Exchange Commission (SEC) accepted that the token was not a security.…
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Earn Interest on Crypto during Crypto Winter: Top Strategies
- February 1, 2023
- Posted by: MasterAdmin
- Category: Coinjournal
- Crypto investors can still add to the value of their assets even during crypto winter.
- What are the top strategies of earning interest on crypto?
- Example of a cryptocurrency that one can still earn interest from during crypto winter.
A growing number of investors are taking advantage of cryptocurrencies to increase their assets’ value. During the crypto market’s winter, investors who don’t want to sell their holdings can consider interest rates as an alternative.…