JJ Cryptocurrency

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JJ Cryptocurrency

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Sui Blockchain partners with Formula One’s Oracle Red Bull Racing team

The deal will see Sui roll out a series of digital experiences for racing fans. At press time, the SUI token was trading at $0.9587, down 1.07%. Oracle Red Bull Racing has made several crypto partnerships recently including with Bybit. Sui Blockchain, whose mainnet was launched at the beginning of May 2023 has today sealed …

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Deutsche Telekom partners with Polygon, becomes POS validator

Deutsche Telekom has joined Polygon as a network validator. The telecommunications giant’s subsidiary Deutsche Telekom MMS will offer staking services to Polygon POS and Supernets. Deutsche Telekom MMS provides validation and staking services on Ethereum, Flow and Chainlink among other chains. Deutsche Telekom, the Germany telecommunications giant that has recently been actively expanding its footprint …

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Web3 payments provider Transak raises $20M in Series A round

Transak announced it raised $20 million in a series A round led by CE Innovation Capital. The startup also attracted investments from SBI Ven Capital, Sygnum, and Woodstock Fund among other investors. An FCA-registered startup, Transak plans to use the funds to further development of onboarding solutions for Web3 and crypto. While venture capital funding …

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Tether invests in renewable energy for Bitcoin mining in Uruguay

Tether will invest in the project through a partnership with a local licensed company. Uruguay generates 94% of electricity from renewable energy sources Tether recently said it would invest profits into buying Bitcoin. Tether, the issuer of leading stablecoin USDT, has revealed an investment into renewable energy production to support sustainable Bitcoin (BTC) mining in …

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Circle launches its euro-backed stablecoin on Avalanche

The euro-backed stablecoin will bring more liquidity to the Avalanche network, Circle said in a press release. Developers using USDC can now easily integrate Euro Coin. Wallets that support Euro Coin on Avalanche include Coinbase Wallet and MetaMask. Circle, the issuer of the USDC, has launched its other fiat-backed stablecoin Euro Coin on Avalanche, a …

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Nvidia triggers $300 billion AI rally: Here’s why this is big for AltSignals (ASI)

Nvidia’s strong performance and forecast could boost further investment in AI projects. AltSignals presale is set to hit a key milestone as investors look to scoop ASI tokens early. The AltSignals artificial intelligence (AI) layer ActualizeAI will go live later in the quarter. AltSignals is on the verge of a new milestone as the platform …

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Ledger to delay controversial key recovery feature, CEO says

Ledger has decided to delay its recovery feature as it open-sources the code, CEO Pascal Gauthier said in a letter. The Ledger Recover feature won’t be rolled out until the open sourcing is complete, he noted. Gauthier also apologised for the way the company handled the communication around the feature’s release. Ledger is delaying the …

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TON launches $25 million accelerator for emerging projects

Projects will receive between $50,000 and $250,000 from the $250 million Toncoin Fund. The program will offer partnership and mentorship support, with multiple leading firms available to projects. TON Accelerator Program will draw funding from the $250 million ecosystem fund dubbed TONcoin Fund. In crypto news today, The TON Foundation, the organisation behind the The …

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Privacy-focused blockchain Namada plans airdrop to Osmosis’ OSMO holders

Privacy-focused blockchain Namada developers are seeking to forge closer ties with the Osmosis protocol. Namada is planning to airdrop its planned NAM token to OSMO investors. Namada also seeks to roll out its method for protecting asset privacy on Osmosis. Christopher Goes, Co-Founder of Namada, an L1 multi-chain privacy-focused blockchain, has proposed a partnership with …

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