(Bloomberg) — The Rosebank oil and gas project could lead to an investment of £4.1 billion ($5 billion) in the UK and create more than a thousand jobs if it goes ahead, according...
Web3 Foundation, the organization responsible for doling out grants on Polkadot, has passed the milestone of 400 approved projects.Since launching in December 2018, Web3 Foundation (W3F) has received hundreds of applications from projects...
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...
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...
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...
