Mega Matrix, a Chinese manufacturing and logistics company, cannonballing into the stablecoin infrastructure building business? Unexpected, right? This strange-looking move of theirs might turn out to be one of the biggest financial inclusion wins.For too long the financial system has operated like a gated community, locking out billions of people...
Mega Matrix, a company that most recently was known for… well, not stablecoins, just threw $16 million into building corporate DeFi infrastructure. Color me intrigued, and a little skeptical. Their NYSE listing supposedly adds credibility. I'm not sure Main Street fully trusts crypto's back alleys yet. Are we witnessing a...
Having recently raised $16 million in a private placement, Mega Matrix has made a strategic entry into the multibillion-dollar stablecoin sector. The U.S.-listed company is on an extensive metamorphosis to create the actual framework for stablecoin allocation and governance token allocation. This emphasizes Mega Matrix as a significant player in...
Core DAO just released Rev+, an experimental revenue-sharing model. This recent initiative is intended to provide new incentives for developers, stablecoin issuers, and DAOs. This effort aims to establish Core DAO as the default home for Bitcoin builders. Additionally, it aims to incubate the most beneficial stablecoin projects, fostering stable...
Tether has announced it will discontinue support for its USDT stablecoin on five legacy blockchains: Omni Layer, Bitcoin Cash Simple Ledger Protocol (SLP), Algorand, Kusama, and EOS. Our recent blog post explains this decision in detail. Deepening engagement through tech It is part of a larger strategic infrastructure review to...
Acala USD (AUSD) is quickly establishing itself as a premier decentralized stablecoin. It brings order and usefulness to the highly dynamic decentralized finance (DeFi) ecosystem. AUSD is pegged to the value of the U.S. dollar, which makes for easy payments and settlements. It enables all DeFi strategies, with an emphasis...
Mutuum is ecstatic to introduce its new and revolutionary stablecoin and lending platform. It includes a dual-model lending structure and a unique way of interacting with its lending protocol to keep its stablecoin peg. Mutuum plans to amplify the MUTM token listing with its first beta-ready platform launch. This launch...
DRML Miners’ embrace of USDC is turning heads, offering a safe harbor in the sometimes stormy seas of crypto mining. Before we declare this transfer an act of genius, don’t we need to at least consider a few tougher questions? Is this truly the long sought holy grail of crypto,...
The cryptocurrency mining universe can seem like an amusement park ride sometimes, with its built-in volatility and uncertainty. DRML Miner is growing into a next-gen cloud mining platform. It’s meant to provide a more consistent and predictable platform for their users. DRML Miner includes USDC, one of the most widely...
The crypto market is always changing, and the next big opportunity awaits as regulations developments progress and technology continues to advance. Debates over the future of stablecoins and their place within the broader financial system have intensified. In particular, Donald Trump has done the industry proud by endorsing the sector-friendly...
The crypto world is buzzing. XDAO, an emerging Telegram-first platform launched on the community-run TON blockchain, is shutting down $DAO farming. August 11th is the deadline. The question everyone is asking is this: are they crazy, or crazy smart?End of Farming: A Necessary Evil?Farming, staking – it’s the serum that...
The current state of the TON ecosystem is electric! TONXDAO Launch Party 💃🏻 Excitement is in the air as the TONXDAO app goes live, $DAO farming ends, and DAO activation costs increase. These developments are monumental for users, investors, and the entire TON ecosystem. BlockchainShock.com goes deep on these exciting...
XDAO will be putting an official stop to all $DAO farming activity on August 11. This alteration represents a dramatic about-face for the platform. After this date, users will not be able to farm any more $DAO tokens. The Swordy team is excitedly preparing for the launch of its unique...
Unlearn all the bad habits you have about DAOs. Seriously. The clunky interfaces, the cry once gas fees, the just overall confusion with the ecosystem. The barrier to entry has been ridiculously prohibitive. I worried that Web3 would end up being little more than a tech elites’ playground. Until now.XDAO’s...
DeSoc reaching $10 million in its presale while BlockDAG fails to get off the ground. Aside from the eye-watering sums that had been lost, it was a harsh lesson in trust during the crypto’s wild west era. Put aside the technical mumbo jumbo, this is an issue of human psychology....
DeSoc's $10 million presale isn't just another tech headline. It's a sign of something bigger: the people are taking back the internet. We’ve had enough of being the product and not the partner. We’re insisting on having a seat at the table, and DeSoc’s success is a big, resounding YES!I'm...
The crypto presale landscape is a competitive war zone where projects vie for investor interest and funds. Recently, DeSoc has emerged as a notable contender, raising $10 million through its presale, while BlockDAG, despite its ambitious goals, seems to be facing headwinds. Now this article explores why DeSoc is living...
In a big step towards the development of infrastructure in decentralized finance (DeFi), Mega Matrix is taking their leap forward with stablecoin infrastructure. The firm just closed a $16 million round of funding to expand their technology stack and solutions focused specifically at corporate DeFi use cases. This move is...