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Ardor price, market cap on Coin360 heatmap


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0.00000518 BTC
Market Cap (Rank#222)
5,180 BTC
Vol 24h
336.199 BTC
Circulating Supply
Max Supply
28 days agocointelegraph
CFTC labels 34 crypto and forex firms as unregistered foreign entities
"Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson.
51 day agocryptodaily
Hester Peirce does not support crypto bailouts
Hester ‘crypto mom’ Peirce has shared her views on crypto bailouts, stating that she does not support crypto company bailouts, and that it is better to “let these things play out.” The SEC commissioner, Hester Peirce has been vocal in her support of the crypto industry, recently sharing her conviction that as regulators the SEC needs to “be willing to engage with the innovators”. As an advocate of innovation in the markets, the pro-crypto commissioner has nonetheless made it clear that she does not support bailouts for companies that mismanaged risk. Peirce commented on the way in which the crypto crash will separate companies that have strong foundations, and those that have longevity. “When things are a bit harder in the market, you discover who's actually building something that might last for the long, longer term and what is going to pass away,” she said. Peirce added: “Crypto does not have a bailout mechanism [...] I don't want to come in and say that we’re going to try to figure out a way to bail you out if we don't have the authority to do it. But even if we did, I would, I would not want to use that authority, we really need to let these things play out.” The recent crypto downturn, which resulted in the depegging of the Terra Luna stablecoin, has led to a greater demand for regulation in the space. Peirce was interviewed during the DC Blockchain Summit last month, where she stated that congress needs to clarify the roles that the SEC and the CFTC have when it comes to crypto. She maintained that innovators should “experiment with different models”, but that this should be done “within regulatory guardrails”. Despite widespread market liquidations, Pierce maintains that the crypto winter will provide an opportunity for the sector to grow, noting: “It is helpful for us to see the points of connection. It's a moment, not only for market participants to learn, but it's also for regulators to learn so that we can have a better sense of how the market operates.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
72 days agocryptodaily
Singapore Central Bank Opens Up To DeFi With JPMorgan
The Monetary Authority of Singapore (MAS) has teamed up with Wall Street giant JPMorgan to lead a pilot program exploring the true potential of Decentralized Finance (DeFi). Pilot Program To Explore DeFi The Project Guardian is an initiative undertaken by the MAS to understand how DeFi applications can improve the borrowing and lending process while mitigating risk factors. The project was launched at the Asia Tech x Singapore Summit on Tuesday by Mr. Heng Swee Keat, the Deputy Prime Minister and Coordinating Minister for Economic Policies of Singapore. As a part of the initiative, MAS has partnered up with JPMorgan Chase to pilot a blockchain project that will delve deeper into the potential of DeFi in wholesale funding markets. Experts believe that the MAS has undertaken this project due to the word around the blockchain that Singapore’s tight regulations are driving crypto business away, especially to the more crypto-friendly Dubai. DBS x Marketnode x JPMorgan The MAS has also roped in the assistance of both the Singaporean multinational bank DBS and the local digital asset issuance startup Marketnode to co-lead the project. The three leading financial institutions will together create a permissioned liquidity pool consisting of tokenized bonds and deposits. The goal of the pilot is to conduct secured borrowing and lending on a public blockchain-based network through the execution of smart contracts. Sopnendu Mohanty, Chief FinTech Officer of MAS, shared his thoughts on the project, saying, “MAS is closely monitoring innovations and growth in the digital asset ecosystem and working through the potential opportunities and risks that come with new technologies - to consumers, investors and the financial system at large…The learnings from Project Guardian will serve to inform policy markets on the regulatory guardrails that are needed to harness the benefits of DeFi, while mitigating its risks.” Project Guardian’s Four Main Areas Of Interest Besides testing the feasibility of institutional-grade DeFi protocols, the Project Guardian will also develop and implement use cases in three other main areas. Firstly, it will explore how public blockchains can be leveraged to build open, interoperable networks that allow digital assets to be traded across platforms and liquidity pools. Secondly, the project will also look into leveraging independent trust anchors to set up a trusted environment for the execution of DeFi protocols. Basically, regulated financial institutions act as trust anchors to screen, verify, and authenticate entities that want to participate in DeFi protocols. And thirdly, the project will also look into the use of tokenized deposits issued by deposit-taking institutions on the public blockchain. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
77 days agocryptodaily
SEC Commissioner Hester Peirce says crypto innovation is prevented from happening in a healthy way
Commissioner Peirce says that the Securities and Exchange Commission has “dropped the ball” on crypto regulation, and that there can be long-term consequences of this. Hester Peirce was interviewed during the DC Blockchain Summit this week, and when asked if crypto could be regulated by existing banking frameworks, as proposed by Gary Gensler, chairman of the SEC, Peirce replied that in her view some areas could come under existing regs, but that there were other areas where “exemptions” and “adjustments” were needed. The commissioner was questioned as to the possibility of much stricter regulations coming into force given the crash and depegging of the so-called Terra UST stablecoin, through which many investors had lost a lot of money. She responded by saying: “We do have to take a balanced view right? I think it is likely that we’re going to have regulation happen faster because of the events of recent weeks, but stablecoin legislation was already on the docket, so it’s possible that it will move forward more quickly.” However, the commissioner had the strong conviction that it was very important to allow innovators to “experiment with different models”, but that this should be done “within regulatory guardrails”. She believes that congress needs to clarify the roles that the SEC and the CFTC are to have as regards crypto. She thought that maybe the SEC could be assigned to retail exchanges for example, but said that it was up to congress to make these decisions. She said that there was a lot of work to be done within the SEC authority given that traditional financial institutions are looking to dip their toes in the crypto sector, and that they would definitely need “guidance” and “clarity” from the SEC. Peirce stated that as well as responsible innovation, the sector needed responsible regulation. “As regulators, we have to be willing to engage with the innovators and figure out “here are our regulatory objectives that we are trying to achieve. How can we achieve those and still allow you to try out this new product or service and see whether the market likes it?” She thinks that this will take a lot of work from the SEC but had not seen that the agency was willing to do this work as yet. Finally, when asked if the US needed a central bank digital currency (CBDC), she replied that in her view there were private stablecoins out there that could play this role, and the advantage of this was that they allow for competition. “There are arguments that a central bank digital currency could operate alongside, but again, right now we’ve got a lot of innovation in the private stablecoin side and a lot of those are US dollar-referencing stablecoins, so they could potentially be that alternative.” She added: “It is important that whatever we do, that we protect people’s privacy and their ability not to be censored in their use of that currency, so that’s the difficult question.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
79 days agocoindesk
U.S. Senators Lummis and Gillibrand Set to Propose Crypto Oversight Bill Next Month
The bipartisan duo of Kirsten Gillibrand and Cynthia Lummis hope their bill to establish guardrails around the digital assets industry could get votes as soon as next year.
108 days agocryptopotato
Jelurida Becomes a Gold Member of Lugano’s Ticino Blockchain Technologies Association
[PRESS RELEASE – Lugano, Switzerland, 26th April 2022] Jelurida, the team behind the Nxt, Ardor, and IGNIS blockchain ecosystem is pleased to announce its partnership with the Ticino Blockchain Technologies Association. The think tank, located in Lugano, Switzerland, will bring Jelurida’s technology and expertise to local crypto organizations and universities. Jelurida continues to turn heads […]
161 day agocoindesk
ArDrive Raises $17M to Make Arweave’s Data Storage Blockchain More Usable
The file storage app wants “AR.IO” to host a network of decentralized access points for the Arweave permaweb.
234 days agocryptodaily
DOGAMÍ Acquires $6M from Ubisoft and Other Investors to Create the Petaverse on Tezos Blockchain
DOGAMÍ, which claims to be the first “mass-market” play-to-earn NFT game that’s based on the Tezos blockchain network, has acquired $6M in capital from Ubisoft, Animoca Brands, and The Sandbox co-founders. The proceeds from the investment round will be channeled towards supporting the future of pet ownership 3.0 and the emerging role of blockchain or distributed ledger technology (DLT) in these initiatives. DOGAMÍ reveals that it continues to gain traction in the world of online gaming and pet ownership. The project’s funding round appears to be a sign of approval from prominent cross-industry blockchain professionals. The project’s pre-seed round acquired support from Ubisoft, Animoca Brands, The Sandbox's co-founders, XAnge, Blockchain Founder Fund, and Draper Goren Holm. Strong support from these industry players confirms that DOGAMÍ’s approach to play-to-earn gaming is quite innovative. Ubisoft VP Strategic Innovation Lab Nicolas Pouard noted that at his organization, they believe that blockchain or DLT holds the key to the promising future of the video game ecosystem, bringing great possibilities for players and developers. Nicolas added that they think DOGAMÍ shares this unique vision and “contributes to the opening of blockchain gaming to mainstream players." DOGAMI Launched on Energy-Efficient Tezos Blockchain DOGAMÍ aims to bring together AAA NFT gaming with investing as well as pet ownership 3.0. The game has been launched on the Tezos blockchain, which is well-known for being significantly more energy-efficient than other public major blockchains. As noted in the announcement, DOGAMí is focused on paving the way for forming a "Petaverse" where players are able to adopt and “raise” their 3D dog companions while earning $DOGA tokens. Notably, DOGAMÍ has become one of the leading play-to-earn game projects in the fast-growing Tezos ecosystem. As explained in the update, players entering the Petaverse will have the opportunity to train and play with more than 300 DOGAMÍ breeds. The announcement further noted that every breed has special traits and will offer a unique user experience. Interaction between different players and digital pets takes place via the augmented reality (AR)-enabled mobile app. In addition to these capabilities, there is “lore surrounding the Petaverse to explore," he update noted. As mentioned in a release, that lore is created by Bryan J.L. Glass, an alumnus of Marvel, Image and DC Comics who has previously worked on Thor, The Mice Templar, and Adventures Of Superman. Players who are engaging with the Petaverse will get a chance to earn $DOGA Tokens when performing different tasks. The virtual currency may be used to purchase consumables, create a virtual wardrobe, buy tickets to various online events, collect different badges, and “breed” DOGAMÍ. $DOGA may also be traded via centralized (CEX) and decentralized exchanges (DEXes) on the secondary markets. DOGAMÍ CEO and Co-founder Maximilian Stoeckl, stated: "At DOGAMÍ, we aspire to develop a play-to-earn game that pushes the envelope in terms of design, user experience & mass appeal. We believe strongly in the opportunities & the empowerment that web3 has to offer. The early support of world-class investors as well as advanced negotiations with strong commercial partners are highly reassuring and encourage us in our beliefs." As noted in a release, DOGAMÍ is an NFT play-to-earn AR mobile game, where users may adopt and raise their 3D dogs while earning $DOGA in the Petaverse. DOGAMI was co-founded this year by Max Stoeckl (CEO, previously BCG), Bilal El Alamy (CTO, Blockchain serial entrepreneur), Adrien Magdelaine (COO, previously Wamiz, pet industry serial entrepreneur) and Kristofer D. Penseyres (CBO, previously Sony Pictures, Branding & Partnership Expert). The initiative is being supported by a European team of more than 30 professionals including Art Director Gregory Magadoux, who previously worked with Ubisoft. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
239 days agobitcoinexchangeguide
Kevin Durant Signs Multiyear Deal with Coinbase, Michael Jordan Launching HEIR on Solana
Basketball star Kevin Durant and his company Thirty Five Ventures have signed a multi-year deal with cryptocurrency exchange Coinbase to promote the platform. Durant will be the face of the brand and, as part of the agreement, will appear in Coinbase advertisements. Coinbase will also work with his sports site, Boardroom, for digital ads and […] The post Kevin Durant Signs Multiyear Deal with Coinbase, Michael Jordan Launching HEIR on Solana first appeared on BitcoinExchangeGuide.
246 days agocryptodaily
Polygon Is Cementing Its Position As The New Umbrella Destination For NFTs
Polygon, the layer-2 protocol for Ethereum, has been shaking up the blockchain ecosystem as its novel design attracts all manner of dApps seeking to leverage its advantageous attributes. The platform recently launched Polygon Studios, a new branch that focuses on blockchain gaming and NFTs, as part of its ongoing efforts to bridge the Web2 and Web3 worlds while actively supporting and facilitating the development of NFTs on its network. At present, Polygon holds a dominant position within the gaming and NFT ecosystems, with more than 100,000 blockchain gamers on its network, trailing just behind the market leader Ethereum. This year, the Polygon network grew extensively after introducing low gas fees that contrasted sharply with Ethereum’s surging costs. Besides, Polygon also guarantees faster TPS (transactions per second), full scalability, and interoperability with other chains, making it a preferred choice for developers and cost-conscious users. As part of its initiative to tap into the burgeoning NFT ecosystem, Polygon had recently invested in Colexion, Asia’s biggest NFTs marketplace. To further its dominance, Polygon has now announced that it will finance 50% of all ongoing product development costs of GameOn Entertainment to help build new NFT games atop its layer-2 scaling platform. GameOn is one of the leading game tech startups and is spearheading the efforts to bring NFTs and collectibles into the Asian market. Per the official press release by Polygon, the platform aims to invest $100 million in NFT and gamification projects that will help expand its network, and GameOn Entertainment is one of the first recipients of this funding. With Polygon’s backing, GameOn will be able to offer end-to-end crypto services, including minting and trading of NFTs, to its existing suite of white label gaming services that it provides to media, sports, and entertainment companies. With the idea of metaverse gaining traction both inside and outside of the cryptoverse, this strategic investment will create exciting opportunities for both Polygon and GameOn Entertainment in the multi-billion-dollar NFT and blockchain gaming industries. Polygon, Blockchain Games, NFTs - A Perfect Match By offering the much-needed solutions to Ethereum’s growing problems, Polygon has already solidified itself as the go-to layer-2 scaling solution. In recent months, thousands of NFT and blockchain gaming projects have started leveraging Polygon’s speed, scalability, and cost-efficiency to build solutions aimed to accelerate mainstream adoption of NFTs. Take, for instance, the world’s first true fractional NFT real estate platform, Futurent, which recently launched on the Polygon network. While the platform will eventually support multiple blockchains, Futurent will harness Polygon’s feature to attract existing Ethereum users seeking alternative solutions. The most attractive feature of this platform is that it allows anyone to purchase or sell fractional NFT properties, meaning that several users can share a single property. The company also aims to make it possible for users to buy luxury cars and boats using cryptocurrency. With the Futurent DeFi protocol, users' privacy and security will be guaranteed, as will their ownership rights over NFT-connected real-world assets. Another project that will use Polygon is Autonomous Worlds, the company behind Xaya, one of the oldest blockchain gaming platforms. Autonomous Worlds has signed a strategic partnership with Polygon to bring its extensive experience in decentralized gaming to the Polygon network. As part of this partnership, Autonomous Worlds will integrate Xaya into Polygon’s EVM-compatible sidechain to develop NFT games in-house for the Polygon ecosystem. The Xaya team has already delivered several successful projects, including the first-ever blockchain game Huntercoin (2014), Taurion, and Soccer Manager Elite to name a few. Via this partnership with Polygon, Xaya-developed games will reach a wider audience by employing Polygon’s low cost and higher throughput. At the same time, Polygon will also benefit from the Xaya team, as they bring years of experience in developing and helping develop a wide range of blockchain games. Ardor-based NFT game Mythical Beings will also use Polygon to connect to a broader audience, most of whom are looking for cheaper and faster alternatives to Ethereum. The fact that Ardor, a powerhouse blockchain with promising native support for NFTs, is eager to use Polygon bridge to bring its NFT collection on OpenSea, underlines the potential of the Polygon network and how it is inching closer towards dethroning Ethereum. By design, the Mythical Beings NFTs use the Ignis blockchain (Ardor’s child chain). As such, it wasn’t able to access several Ethereum-based or EVM-compatible NFT marketplaces, thereby limiting the game’s reach. Mythical Beings will be using the Polygon Bridge to bring its NFT collections onto the OpenSea marketplace to overcome this problem. As part of this collaboration, all Mythical Beings NFTs on the Ignis blockchain will be replicated on the Polygon network using ERC-1155 tokens. An open-source smart contract, developed by Jelurida (the company behind Ardor and Ignis), will connect two accounts via the bridge, one on Ardor and another on Polygon. Through this, the game will enable users to send their Ignis-based NFTs to Polygon, which can then be transferred to OpenSea and traded using alternative currencies to the Ignis chain, such as MATIC, ETH, and USDC. Not to be overshadowed by DeFi and gaming, Web3 subscription-based content sharing platform, Creaton, relies on the Polygon network to offer a fully decentralized and censorship-resistant alternative to Web2 platforms like Patreon and OnlyFans. Through Polygon’s infrastructure, Creaton will ensure low gas fees, fast transactions, and interoperability across individual chains, thus giving content creators an easy way to offer subscriptions to their fans in real-time. Amidst Ethereum’s rising problems, Polygon has established itself as the much-needed layer-2 scaling solution to facilitate a wide range of dApps, DeFi protocols, NFTs, and blockchain games. With the ETH 2.0 upgrade still trailing far behind the original roadmap, Polygon’s strategic investment in several NFT and blockchain gaming projects will play a critical role in helping the blockchain network establish its dominance in 2022 and beyond. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
267 days agocryptodaily
Jelurida Gears Up For The Global Launch Of Its On-Chain Version Of The Popular Game Bridge
The online gaming industry is one of the fastest-growing markets. Valued at roughly $173.70 billion by the end of 2020, it is expected to reach $196 billion in revenue by 2022 and almost $314.40 billion by 2026, registering a compound average growth rate of 9.64% between 2021 and 2026. One of the core reasons behind the gaming industry’s significant growth (and dominance) since the 1950s is that this industry has continually embraced evolving technology. From the Atari 2600 home video game console to state-of-the-art VR gaming - game publishers, developers, and gamers have always accepted tech innovations with open arms. As such, the rise of blockchain gaming shouldn’t come as a surprise. Game developers have unlocked a trillion-dollar ecosystem by merging blockchain technology, cryptocurrencies, and NFTs (non-fungible tokens). There is no shortage of play-to-earn (P2E) blockchain games, but very few are designed to allow casual and competitive playing simultaneously. Pioneer blockchain software firm, Jelurida, aims to address this via BridgeChamp, a blockchain-based version of the popular game “Bridge.” While the platform is currently in development, Jelurida has launched the official website, the roadmap, and the whitepaper to put things in motion. BridgeChamp Is More Than A Blockchain Gaming Platform Designed to connect the global bridge community, BridgeChamp uses the latest technology offered by Jelurida’s Ignis blockchain. It is compatible with all types of devices while supporting a secure and transparent online gaming experience. According to the Jelurida team, BridgeChamp doubles up as a social networking platform for like-minded players who love playing contract bridge. While Jelurida continues to implement the legal aspects, bridge players worldwide are looking forward to an outstanding example of blockchain integration and token economy that isn’t just targeted for “video gamers” alone. Unlike other blockchain or traditional games, BridgeChamp will allow participants to play against AI-powered bots or with real players from all over the world. Using the platform’s advanced video conferencing system, players can play face-to-face with one another in a fully online setting. The platform is purpose-built and offers fully customizable online environments for players to connect and play. Furthermore, BridgeChamp also features open APIs, allowing users to set up competitions and additional features like audio and video sharing. Besides these developments, BridgeChamp will also feature an in-game economy alongside crypto assets used for mining native tokens. Each registered player’s individual achievements will be logged securely and transparently on Jelurida’s Ignis chain, thus eliminating any possibilities of fraud and tampering. Additionally, the underlying blockchain framework will ensure that all cards dealt during games are based on provable randomization to prevent cheating. BridgeChamp will also feature in-game tokens redeemable on other casual gaming platforms, enabling Jelurida to expand its user base while advancing wider participation in casual online games. To further its mission of creating a social platform for Bridge players, Jelurida has also entered into a strategic partnership with the Bridge Online Academy. BridgeChamp is also sponsoring the approaching Red Sea International Bridge Festival in Eilat, Israel. Jelurida will unveil its casual bridge play feature to the public during the festival, marking its worldwide launch. By the end of this year, the majority of the features of BridgeChamp, including the fully functional mobile app, will be ready for use. At the same time, the remaining developments will continue according to Jelurida’s roadmap. Foraying Into The Lucrative World Of Blockchain Gaming The Switzerland-based blockchain development company has a vivid history of using its disruptive blockchain technology to support numerous use cases. Due to the company’s in-depth understanding of on-chain ecosystems and emerging technologies, Jelurida’s team is well known for applying disruptive technology to bring several unique ideas to life. As a platform that offers a unique parent-child chain architecture and 100% PPoS consensus mechanism, Jelurida is well equipped to provide the required functionality and customization that is needed for individual projects while being extraordinarily energy-efficient and not dependent on expensive hardware. Jelurida’s ecosystem consists of public, private, and hybrid blockchain solutions that are interoperable and scalable. Ardor, Ignis, and NXT – all of the three solutions offered by Jelurida work hand-in-hand to overcome the most critical hurdles of legacy blockchain solutions, including high resource consumption and network congestion, among others. Furthermore, Jelurida has already proven its potential in the real world by helping the Austrian governments with several projects like HotCity and Cycle4Value currently live on its network. With the launch of BridgeChamp, Jelurida marks its entry into the blockchain gaming ecosystem, forwarding its mission of expanding blockchain’s reach and returns, one industry at a time. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
302 days agocryptodaily
Promising Blockchain Projects To Watch This Uptober As Moonvember Approaches
The month of REKTember is finally over, and Uptober is in full bloom. As we enter the second week of October, the Crypto Fear & Greed Index has already jumped from ‘Extreme Fear’ to ‘Extreme Greed,’ underscoring the impact of the ongoing bullish run of most major cryptocurrencies. Following a slow and bearish market throughout September, prices of BTC, ETH, SOL, ADA, and several other prominent cryptocurrencies shot up during the first week of October. Seminal cryptocurrency bitcoin (BTC) is surging towards $58,000, its highest level in almost five months. Historically, October has always been a month of green candles and bullish momentum, and this year is no different. Despite China’s ongoing crypto crackdown, the SEC moving ETF applications forward and Federal Reserve Chair Jerome Powell’s note that the US won’t blanket ban cryptocurrencies helped spark a sharp upward recovery for major coins. Amid the prevailing market momentum higher, here are four promising blockchain projects that crypto investors, both retail and institutional, should consider this Uptober. Platforms Shaping The Future Of Blockchain Tech And Crypto roject we would like to mention is Ardana, a decentralized stablecoin hub designed to deliver the DeFi primitives needed to bootstrap and maintain any economy to the Cardano blockchain. The Ardana platform will serve as an on-chain asset-backed stablecoin protocol and decentralized exchange stable asset liquidity pool, overcollateralized with on-chain Cardano native assets. As DeFi continues to expand, Ardana will facilitate borrowing and highly capital-efficient trading between identical assets and stablecoins while leveraging Cardano’s infrastructure to provide unparalleled security and sustainability to decentralized applications (dApps). Powered by its decentralized, on-chain, and asset-backed stablecoin Ardana Dollar (dUSD), Ardana aims to help borrowers access loans by using ADA collateral or other supported assets. Funded by top-tier VCs, notably Three Arrows Capital, iAngels, and cFund since its founding in early 2021, Ardana will be opening the registration window for its public token sale at 2:00 PM UTC on October 14th, 2021, following the successful financing of its strategic round. To satisfy the rising demand for solutions that support real-world use cases, Jelurida, a Swiss blockchain company, has emerged as a promising, feature-rich answer for supporting a myriad of next-gen blockchain-based projects. Jelurida enables businesses to develop blockchain applications (dApps) using its Ardor, Ignis, and Nxt technologies to add value for enterprises. Compared to other blockchains, Jelurida offers interoperable parent-child chain architecture alongside a fully sustainable pure proof-of-stake (PPoS) consensus mechanism, allowing developers to choose between public, private, and hybrid blockchains while ensuring scalability and preventing blockchain bloat. The platform currently supports multiple real-world projects designed to add value for the community, including Cycle4Value, TreeCity, and HotCity, an Austrian Federal Ministry-backed project to recycle heat from waste energy sources using blockchain as a gamification tool. Another promising project deserving mention is Reef, the first cross-chain DeFi operating system built on Polkadot. Built to cater to the growing need for programmable public blockchain networks, Reef Chain is an all-in-one blockchain platform for dApp developers. Not only is it fully EVM-compatible, but it also supports EVM extensions for native token bridging, upgrading of smart contract in-place code, and scheduling automation. In addition, Reef Chain helps developers improve their business development and marketing by connecting them to its community of users, partners, exchanges, and media. Besides its developer-friendly infrastructure and cross-chain trading infrastructure, Reef Chain also offers its Reef Finance smart liquidity aggregator alongside Reef Yield Engine, complete with automation addressing the drawbacks of existing DeFi platforms. The platform intends to aggregate liquidity from several chains like Uniswap, Aave, Compound, and Synthetix to find the best possible yield rates while stabilizing liquidity on its network. Rocket Vault, a one-stop solution to simplify crypto value investing, is another project that aims to add more value to the blockchain ecosystem. Powered by advanced machine learning algorithms, the platform adopts a data-driven approach to develop vault strategies to minimize risks of loss and maximize returns to provide the best stablecoin APYs for users. The platform’s primary offerings include “Automated Smart Vaults” that identifies and auto invests in all the best performing pools to generate returns for customers and “Rocket Vault-as-a-Service,” a non-custodial Vault designed to help institutions achieve the highest possible APY with “ETH Vault.” Rocket Vault is also developing Rocket X, the world's first global liquidity aggregator that supports cross-chain swaps and token transfers. Rocket X will allow users to access deep liquidity across centralized exchanges (CEXs) and decentralized exchanges (DEXs) at the click of a button. Considering the potential of this product in simplifying crypto trading across different chains, Polygon has awarded a Developer Grant to Rocket Vault to help accelerate the development of Rocket X. With experts predicting a bullish run throughout Uptober and forecasting a MOONvember, investors are flooding into the crypto ecosystem, so be sure to ride the trend and invest wisely to expand your portfolio’s footprint. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
302 days agocryptodaily
StanChart CEO: Cryptocurrencies Are “Here To Stay”
Bill Winters, Standard Chartered CEO, has stated that he believes cryptocurrencies have a significant role to play in the financial markets and are “here to stay.” However, he stated that he believes they would eventually be surpassed in importance and growth by other types of digital assets, referring to Central Bank Digital Currencies (CBDCs), NFTs, and stablecoins. Still A Role For Digital Assets Speaking on a conference call after Standard Chartered’s Innovation and Digitisation Event, The CEO stated, “I think there’s a role for non-fiat currencies, especially when parts of the market are concerned about inflation. “Broadly, we’ve gone through a long period of low inflation, and we’ve got central banks experimenting in uncharted territory with very, very loose monetary policy. It’s perfectly reasonable for people to want an alternative to fiat currency.” Winter’s comments come a few days after Jamie Dimon, CEO of JPMorgan Chase, slated Bitcoin, calling the world’s largest cryptocurrency “worthless” during an event on Monday. Dimon has been a vocal critic of cryptocurrencies such as Bitcoin but stated that the bank would give them “legitimate, as clean as possible, access.” A Custody Service For Cryptocurrencies On its part, Standard Chartered, utilizing its innovations and ventures arm, SC Ventures, has announced a partnership with Northern Trust. The result of the partnership is the creation of Zodia Custody, a custody service for investors that want to hold cryptocurrencies. Speaking about the partnership, Winters stated, “There are fascinating questions about whether completely decentralized cryptocurrencies are preferable to somewhat administered cryptocurrencies. That the market will decide over time, if there’s a role for these instruments in the market, there will be a role for us to support that, always subject to regulatory guardrails.” Responding To Client Needs With Standard Chartered becoming more agile towards the needs of its customers, Custody Solutions are one such avenue that the bank is exploring as Winters reshapes the bank after being named its top executive. The CEO has stated that Standard Chartered would be looking to generate half its income in the medium term from digitizing and transforming its core business. These efforts include Zodia, virtual bank Mox in Hong Kong, and Solv, which is the bank’s business-to-business e-commerce platform in India. Standard Chartered is also looking to rebalance its investment spending, as the bank looks to double spending on strategic initiatives to $1 billion annually. Commenting on the reshaping of the bank, Winters stated, “Our innovation is not something off to the side. It is not something in addition to our ongoing transformation of the bank. “It is at the heart.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
334 days agocryptodaily
Cycle4Value Leverages Ardor To Incentivize Cycling While Reducing Carbon Emissions & Improving Health
Cycle4Value, a blockchain-based gamification project that rewards users for regular cycling, uses the Ardor blockchain to develop a transparent and low-threshold reward model to promote cycling. The project will reward cyclists for regular cycling via “Cycle Tokens” powered by Ardor’s ecosystem. Bike Citizens, in collaboration with technical partners Seewald Solutions, Danube Unversity Krems, and yVerkehrsplanung, designed the Cycle4Value initiative to reduce road traffic, enhance health, and reduce carbon emissions while rewarding participants. "Cycle tokens'' are utility tokens that can be exchanged for goods and services via smart contracts. All tokens earned by users will be stored in their digital wallets and redeemed through a marketplace within the Bike Citizens app. Funded by the Federal Ministry for Climate Protection as part of the FTI program Mobility of the Future and managed by the Austrian Research Promotion Agency (FFG), the Cycle4Value campaign is currently being tested in the Austrian cities Graz and Krems. Ducks Coffee Shop in Graz and Cafe Virginier in Krems serve as participating outlets for users to redeem the tokens they earn. Thomas Wernbacher, head of Cycle4Value project, adds, “I am excited about the combination of a sustainable blockchain architecture and a reward system for the incentivization of cycling as a future-oriented means of transport.” Making Use Of The Many Features Of Ardor Blockchain The Ardor blockchain, developed and maintained by Jelurida, provides the underlying infrastructure to help build a safe and transparent value generation process, both for the participants and the environment. Cycle4Value is deployed on the Ignis child chain of Ardor, allowing it to leverage the distributed infrastructure from the Ardor parent chain, which also takes care of the decentralized consensus algorithm. The Ardor blockchain offers a unique parent-child multichain architecture. It provides Cycle4Value and other similar projects with the required flexibility to address real-world use cases while ensuring security, interoperability, transparency, and fully customizable blockchain infrastructure. Moreover, the Ardor blockchain also addresses the critical challenges of legacy blockchains, including network congestion, dependency on a single token standard, and high gas fees. While several other gamified projects like HotCity and TreeCycle aiming to better society use Ardor as their preferred infrastructure, the Cycle4Value project is one of the few initiatives that is fully leveraging the unique architecture of Ardor’s interoperable parent-child chains. Cycle4Value has mapped and automated the end-to-end process of triggering, distributing, and redeeming cycle tokens with Ardor and its child chain Ignis. By deploying on top of Ardor’s secure infrastructure, the project ensures that all accounts, data, and transactions are defended against hacks and frauds. Compared to legacy blockchains that rely on the resource-consuming proof-of-work (PoW) consensus protocol, Ardor utilizes 100% proof-of-stake (PoS) protocol, which is extremely energy-efficient. It doesn’t require expensive hardware or solving complex algorithms for mining, thus lowering energy usage and carbon footprint. Ardor's ease of use, scalability, and sustainability, combined with its real-world applicability, make it a good choice for public and private systems, working on all desktops and mobile devices. Leveraging Ardor’s functionalities, Cycle4Value has emerged as a shining example of how blockchain technology can be used to promote healthy habits while rewarding participants fairly and transparently. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
350 days agocryptodaily
Hollywood is embracing blockchain in the film industry
Blockchain technology is being utilised in almost all industries, from the textile industry to the finance services sector and almost anywhere in between. The use of this technology in the film industry has not as of yet taken off as much as it has in other industries. Nonetheless, a growing number of film production companies are adopting blockchain to revolutionise the way the industry makes money from their work. The potential of blockchain in the film industry is vast, from NFTs that can provide new streams of income for artists and innovative ways of film funding and distribution. The non-profit Decentralized Pictures revealed their blockchain-powered platform will go live in Autumn, a platform with a mission to discover and support underrepresented filmmakers and to democratize the process of film funding. Co-founded by Roman Coppola, film producer Leo Matchett, and American Zoetrope exec and producer Michael Musante, Decentralized Pictures also has Sofia and Gia Coppola on their board - with three of the famous Coppola’s making up the non-profit. Producer Michael Musante commented on the non-profits aim in an interview with IndieWire, noting, “In a sense, this is a democratically selected film fund. Instead of a boardroom of executives, it’s our community that decides, that gives their opinion and tells people what they like.” Co-founder Matchett added to this, going into the details of how members of their community will be able to participate in Decentralized Pictures: “We’re going to be giving away significant amounts of money and support, and we want our community to trust the process. So having the voting data all on (the blockchain) with signatures validated by each person who’s contributed their opinion is very important — it’s auditable and immutable,” Matchett said. Anyone will be able to join the community and vote on projects, but a reputation system will weight the opinions of those with track records of success in the industry higher than others. Other members will have a chance to boost their scores, too, by establishing a pattern of voting on projects that go on to be successful" Another Hollywood figure who has recently made the leap to Blockchain is Mila Kunis. Her production company Orchard Farm Productions integrated NFTs into their new subscription-only tv series “Stoner Cats”, a new animated tv series that enables people to purchase NFT tokens that correspond to the tv series. As filmmaking can be an incredibly costly process, members of the film industry are beginning to see just how beneficial blockchain technology can be in the notoriously costly and time-consuming process of filmmaking. The utilisation of blockchain technology allows a unique approach to the hollywood network of stars, producers, and industry professionals, and it is likely to increase in adoption. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Ardor

The live price of Ardor (ARDR) today is 0.124237 USD, and with the current circulating supply of Ardor at 998,999,495 ARDR, its market capitalization stands at 124,112,871 USD. In the last 24 hours ARDR price has moved 0.004609 USD or 0.04% while 2,641,836 USD worth of ARDR has been traded on various exchanges. The current valuation of ARDR puts it at #222 in cryptocurrency rankings based on market capitalization.

Learn more about the Ardor blockchain network and how it works or follow the price of its native cryptocurrency ARDR and the broader market with our unique COIN360 cryptocurrency heatmap.

Ardor is a blockchain-as-a-service-platform that evolved from the Nxt blockchain. This project has three advantages: a reduction of blockchain bloat, the provision of multiple transactional tokens, and the ability to host ready-to-use interconnected blockchains enabled by the unique parent-child chain architecture of ARDR, with a single security chain and multiple transactional chains. Chains created on the Ardor platform can be used for various organizations, such as public entities, enterprises, consortiums, research institutions, and financial service providers.
Ardor Price0.124237 USD
Market Rank#222
Market Cap124,112,871 USD
24h Volume8,056,069 USD
Circulating Supply998,999,495 ARDR
Max Supply998,999,495 ARDR
Yesterday's Market Cap120,854,744 USD
Yesterday's Open / Close0.116367 USD / 0.120976 USD
Yesterday's High / Low0.123798 USD / 0.116367 USD
Yesterday's Change
0.04% ( 0.004609 USD )
Yesterday's Volume2,641,835.80 USD
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