Tag: project

Dubai Unveils Metaverse Project, Targets 40,000 Virtual Jobs

Dubai authorities have launched its metaverse project. The prince of the emirates, Sheik Hamdan bin Al Maktoum, confirmed this development in a Twitter post. The metaverse project aims to create over 40,000 virtual...

Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers – Bitcoin News

The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines...

DeFi Project Spotlight: Frax Finance, a Sweet Spot for Stablecoins

Key Takeaways Frax Finance is an on-chain protocol that mints and manages the FRAX stablecoin. FRAX maintains its peg through a dual collateral-backed and algorithmic mechanism, making it more scalable and capital efficient than...

A crypto project built on the ruins of $40 billion in investors’ money

Terra remained the focus of the majority of headlines throughout May for its spiral collapse leading to a loss of over $40 billion in investors’ money. Despite some early resistance from the community...

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