Friday, April 26

Author: Dimple Jaucian

Dimple is in charge of Science journalism owing to her hands-on experience in the field of physics and biotechnology. Dimple propels the editorial team forward through sheer motivation and hard work. She keeps herself updated with latest in news in the field of science. Dimple is a health freak and never misses out on her daily well being activities.
Press Release

HOW DOES KAKLAB REALIZE PERMANENT STORAGE?

KAKLAB is created for digital content and cultural market, aiming to achieve a fair, safe, high-performance, scalable and versatile blockchain infrastructure. KAKLAB will be realized in two stages: building a distributed file storage system KAK File, and creating an NFT asset protocol through smart contract. In the first stage, KAKLAB will realize permanent storage of digital content achieved by IPFS underlying protocol; in the second stage, KAKLAB will realize multiple NFT-related protocols, cross-chain transfer, DApp development, etc. achieved by smart contracts. KAK FILE is based on IPFS as the underlying technology, applying KAK as node incentive to achieve permanent storage of file data. Like IPFS, KAKLAB stores and retrieves files based on content rather than address, ...
Press Release

YFX.COM – Our Protocols and Our Products Serve Users

YFX.COM is the world’s first decentralized cross-chain perpetual contract exchange. While other trading platforms that provide leverage alternatives exist, YFX.COM is trailblazing a decentralized alternative to centralized exchanges and perpetual futures trading without a central intermediary. YFX.COM does this by taking advantage of different protocols across the cryptocurrency landscape. Through a culmination of blockchain protocols YFX.COM is allowing traders to participate in trading BTC, ETH and other cryptocurrencies with up to 100x leverage. These crypto’s are available to be traded across these blockchains currently, Ethereum, Tron, Binance Smart Chain, Heco, OKEx Chain and Polkadot. Through the advent of QIC-AMM, a state of the art protocol, YFX.COM provides high liquid...
Press Release

Ocean Protocol is born to protect privacy transactions

With the development of the blockchain industry, the use of digital assets is becoming more and more popular. Due to the traceability of transfers on the blockchain technology chain, people’s demand for private transactions of digital assets is becoming stronger and stronger. In order to achieve private transactions between digital assets, people have made many attempts. Among them, the current relatively effective is to use anonymous coins that can hide the transfer path on the chain for transactions. However, with the upsurge of decentralized finance based on public chain assets such as Ethereum and TRON, the use of anonymous coins for transactions, due to its limitations, can no longer meet people’s needs for private transactions. So is there any better solution to realize the priva...
Press Release

Mining Giant Bitmain Invests in Crypto Mining Platform BitFuFu

HONG KONG, 07 APRIL 2021 – BitFuFu, the world’s first crypto mining standardization platform, has made an official announcement that Bitmain, the largest mining company in the world, has invested into their platform. The funding will be used to further support the efforts of both companies towards reaching a mutually beneficial collaboration, and facilitating the ongoing development of the mining industry. Following announcements of their strategic partnership, BitFuFu has officially received investment funding from the world-renowned mining company, Bitmain. Bitmain and BitFuFu.com are joining hands to expand to future markets in mining, as well as the full integration of tools from both sides, such as mining equipment, mining facilities, and industry expertise. This information c...
Press Release

The Korea Economic Daily Joins Klaytn in its Endeavor to Conquer the Crypto Space

The Korea Economic Daily – one of the largest financial media outlets in Korea, operating over 10 multi-media properties covering digital and print media, TV, and publishing, has partnered with Korea’s leading mobile messenger provider, Kakao and Ground X, to bring the KLAY cryptocurrency to both mainstream Korean and global users. So far, 32 well-known enterprises such as Binance, Huobi, Maker, or LG Electronics have joined the Klaytn Governance Council (GC), The Korea Economic Daily being the first media enterprise to join the (GC). The Klaytn’s Governance Council’s role is to operate Klaytn’s consensus node thus, The Korean Economic Daily will serve as a key decision-maker in Klaytn’s business and technical agenda. Crypto Rewards for Users To familiarize the Korean public w...
Press Release

Rabbit Finance — The yielding mining excess earnings protocol supporting 10 times leverage

The world has witnessed the inexorable rise of DeFi decentralized finance from 2020. The trend tends to be increasingly strong and drives a lot of new business to come into being. Seeing from the data of loan, money management, and exchanges of Defi programs, Defi satisfies the real needs of many investors, which makes the data keep rising on the chain. At present, the amount of total lockups of Defi has surmounted 100 billion USD across the world. That is because the Defi has sprouted in the market of blockchain, the birth of Defi makes it possible for investors to experience the appeal of decentralized financial service. Whether it is a loan, insurance, or money management, it is executed via the code on the chain or the pre-set rules automatically and without facing the risks of bla...
Press Release

Millions of FOLLOWERS — First Cloud Promotion Campaign of Fresh Opportunities for Jinan Triggers New Growth Drivers

On the afternoon of March 30th, 2021, the kick-off of the cloud promotion campaign named Fresh Opportunities for Jinan with the theme of Join Jinan for a Win-Win Future, was unveiled in the Rongmeiti (Convergence Media) Studio of Jinan Daily Newspaper Group (JDNG) Building. As the reporter learnt, this event was the second cooperation between Jinan Investment Promotion Bureau (JIPB) and JDNG, following the online investment promotion activities last year.   JIPB, an important player in boosting the economic growth of Jinan, the capital city of Shandong province, actively follows the major national strategy of ecological protection and high-quality development of the Yellow River basin and grasps the strategic opportunity of advancing the city’s growth, seeking to provide continuous imp...
Press Release

KAKLAB, Born for NFT Metadata Storage

From February 2021, NFTs have continued to heat up. Traditional giants including Christie’s auction house, NBA, and LEGO have deployed NFT scenarios, which can be seen as the best combination of traditional industries and blockchain technology. Then technical flaws are emerging with NFT popularity. In addition to liquidity of NFT, the storage of metadata is one of the biggest pain points. At present, the metadata of a large number of NFT works are stored in centralized off-chain servers that a server failure or data loss may cause instant disappearance of value of these NFTs. KAKLAB is a blockchain system developed to solve the problem of NFT metadata storage, whose underlying technology of file storage is realized through IFPS, which can be regarded as an incentive public blockcha...
Press Release

SMN1- Encrypted anonymous social platform, ushering in a new era of blockchain social

Since the frenzy of DEFI project hit in 2020, the blockchain digital currency market ushered in a new wave of bull market belonging to digital currency under the shine of DEFI, and under the entrance and support of traditional financial institutions, it also injected a large number of fresh blood for the digital currency market. We believe that with the rapid technological development of the blockchain industry and the intervention of the capital market, the scale of the digital currency market will grow day by day. As the digital currency market grows, a new crypto anonymous social platform stands out from the crowd. Super Module Network One (SMN1) is a community based encryption anonymous social platform, SMN1 through social attribute, to provide users with encryption storage, in the...
Press Release

Opened-game ecology – Minions NFT

Since the CryptoKitty of 2017, there have been nearly 10,000 categories, tens of millions of NFT collections casting, circulation, trading, scattered to the hands of users, including games, cards, network domain names, encrypted works of art in the majority. The reality that the vast majority of NFT as “collections” or “cards” are still limited to small areas, small circles, small communities, most of their users are difficult to circle, and the heat is difficult to last for a long time has prompted more in-depth discussion and thinking: if NFT can one day grow into an important track comparable to the proposed DeFi of tens of billions of dollars, what is the killer application that supports such a large number of users and market value? We come from a community-based team, a commu...