Exploring the Bitswift Blockchain

Since its inception in 2014, the Bitswift blockchain has carved out a unique niche as a business-focused platform based in Canada. Operating as a child chain on the Ardor platform, Bitswift offers a scalable, lightweight, and secure infrastructure for decentralized applications, prioritizing user privacy and data control. With a robust community and a dedicated team, […]

Velvet raises $3.7m to launch DeFAI operating system

Velvet Capital, a DeFAI Trading & Portfolio Management Ecosystem powered by intents announced its $3.7 million fundraising. The capital accelerated Velvet’s mission to make portfolio management and trading frictionless for funds, DAOs and individual traders while powering the rollout of its new governance and utility token VELVET. Alongside YZi Labs and Blockchain Founders Fund, the […]

Bitcoin miners turned to AI last year and it paid off

Bitcoin miners turned to the rising AI trend ahead of the 2024 halving, which cut block rewards to 3.125 BTC. Some just dipped their toes in, while others dove deeper, repurposing rigs, raising credit and signing billion-dollar deals. In some instances, the move has been a lifeline that generates much-needed revenue as their Bitcoin earnings […]

Cake Wallet onboards dEURO decentralized stablecoin with 10% yield on collateral

Cake Wallet added the decentralized stablecoin dEURO to its offerings, expanding its stable euro-denominated digital assets for users. The decentralized stablecoin is overcollateralized by other digital assets, including Bitcoin, Ether and Monero. This means that to mint the dEURO stablecoins, users must first deposit other cryptocurrencies as collateral. Overcollateralizing, or depositing cryptocurrency worth more than […]