EchoLink(EKO)

EchoLink's Launchpad on LBank Witnesses Over 763% Surge within the First 30 Minutes

EchoLink Launchpad on LBank Ends with Over 130M USDT in Investment, $ECHO Set for Listing

A Comprehensive Guide to EchoLink: LBank's Latest Launchpad Project

LBank Announces Fourth Launchpad, Featuring EchoLink

[PRESS RELEASE – Zug, Switzerland, January 2nd, 2024] In collaboration with Telekom MMS, a wholly-owned subsidiary of Deutsche Telekom, stc Bahrain, Heartcore Capital, Arca Finance, Cardinal Cryptography, and others, the hybrid event offers different tracks with up to $575K USD in bounties and funding opportunities. The Aleph Zero Foundation, committed to the advancement and adoption […]

Wijeyekoon and Bedawala claim that Solana's capability for parallel transaction processing is notable because in contrast to Ethereum (which uses a single-threaded model), Solana's architecture is designed to process multiple transactions simultaneously.

The cloud service joins Deutsche Telekom and other ecosystem contributors to participate in validating the Celo platform.

In its latest salvo against crypto, the United States Securities and Exchange Commission (SEC) has called popular cryptocurrencies such as Solana (SOL), Polygon (MATIC), and Cardano (ADA) unregistered securities. Bitcoin ZEBEDEE And Fiatjaf Launch Nostr Social Media Client ZEBEDEE and Nostr co-creator Fiatjaf have launched the ZBD app, touted as the most decentralized social media yet. The app is built on Bitcoin, allowing users to own their content and send microtransactions. Ethereum Vitalik Buterin Unveils Roadmap For Ethereum’s Future Ethereum co-founder, Vitalik Buterin, has unveiled a roadmap for Ethereum’s future. The roadmap consists of three significant technical transitions, which according to Buterin, are crucial for ensuring the long-term success of Ethereum. Optimism Prepares For Bedrock Upgrade Ethereum Layer-2 scaling solution Optimism unveiled its Bedrock upgrade on the 6th of June. The step is a significant stride in Optimism’s vision of becoming a utility-oriented Superchain with lower gas fees and faster transaction finality. DeFi Federal Judge Dismisses Lawsuit Against PoolTogether A federal judge has thrown out a lawsuit against decentralized finance (DeFi) startup PoolTogether. The judge stated that the federal court system was not the appropriate platform for concerns regarding the startup and its operations. Technology Deutsche Telekom Joins Polygon As Validator Node Technology giant Deutsche Telekom has joined the Polygon blockchain as a validator node as it looks to establish itself as a critical infrastructure provider in the Web3 space. Russia’s Rosbank Announces Launch Of Crypto Payments Solution Rosbank, one of Russia’s most important banks, has announced the launch of a crypto payments solution. According to the bank, the payment solution will help facilitate cross-border settlements. Business Changpeng Zhao Was Binance.US Shadow CEO, Alleges Brian Brooks Binance.US former CEO Brian Brooks has revealed that he left his position as CEO in court documents submitted earlier in the week. Brooks stated that after a point of time, it became clear that Zhao was the CEO of BAM Trading. Circle Obtains Major Payment Institution License Circle Internet Singapore Pte. Ltd. has revealed that it has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This will allow Circle to offer users in Singapore digital payment services, cross-border money transfer services, and domestic money transfer services. Regulation Australia’s Commonwealth Bank Restricts Payments To Certain Exchanges Australia’s Commonwealth Bank has announced the implementation of new processes designed to protect customers from possible scams associated with certain cryptocurrency exchanges. Draft Bill Proposes Clear Roles For SEC And CFTC A draft bill introduced by Republican lawmakers Glen Thompson and Patrick McHenry aims to define clear roles for the Securities and Exchange Commission and the CFTC. It also charts out a clear regulatory plan to enable the trading of digital assets on conventional platforms. SEC Alleges SOL, ADA, and MATIC Are Unregistered Securities The United States Securities and Exchange Commission has called Solana (SOL), Polygon (MATIC), and Cardano (ADA) unregistered securities in its lawsuit against Binance. Cboe Digital Receives Approval For Margin Trades On Crypto Futures Exchange The Commodity Futures Trading Commission (CFTC) has given approval to an amended order of registration, clearing the path for Cboe Digital to clear additional products as a derivatives clearing organization. Will SEC Go After Tether Next? The Securities and Exchange Commission has gone all guns blazing against crypto recently, targeting some of the most prominent exchanges in Binance and Coinbase. With the SEC looking for a new target, could Tether be in its crosshairs next? Coinbase CEO Unfazed By SEC Lawsuit Coinbase CEO Brian Armstrong has revealed that he is unfazed by the SEC lawsuit. Instead, Armstrong has stated that a court battle will help establish much-needed clarity around crypto. Billionaire Mark Cuban Launches Scathing Attack On SEC Billionaire Mark Cuban has heavily criticized the SEC for what he calls a clear lack of support for companies trying to comply with securities regulations in the country. Robinhood Reviewing Crypto Offerings Following SEC Crackdown Robinhood is reportedly reviewing crypto offerings on its platform as the SEC cracks down on major exchanges such as Binance and Coinbase. UK FCA Announces New Crypto Marketing Rules The UK Financial Conduct Authority has announced a new set of crypto marketing rules, which are set to take effect from the 8th of October. Did Gary Gensler Want To Join Binance? Binance lawyers have alleged that current SEC Chair Gary Gensler discussed the possibility of an informal advisor for the crypto exchange in 2019. UK Announces Ban On Airdrops And Free Promotional NFTs The Financial Conduct Authority has announced the prohibition of free promotional NFTs and crypto airdrops in a new set of stricter marketing rules announced earlier in the week. NFTs Louis Vuitton Debuts New NFT Collection Luxury fashion house Louis Vuitton has announced the launch of a new NFT collection called Treasure Trunks, exclusively for its top customers. Web3 Ankr Launches Enterprise RPC Services On Azure Web3 developer hub Ankr has announced the official launch of Enterprise Remote Procedure Call on Microsoft’s Azure Marketplace. Security Elliptic To Integrate ChatGPT Crypto risk management firm Elliptic has revealed that it would be integrating ChatGPT for its risk management and intelligence-gathering operations. 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.

Deutsche Telekom, the technology giant, has joined the Polygon blockchain as a validator node, signalling its ambitions to become an infrastructure provider in the web3 space. Dirk Röder, the head of the Blockchain Solutions Center at Deutsche Telekom, was quoted by DL News as saying that “supporting the Polygon network as a validator is a big milestone in this objective”. Polygon not a layer 2? Deutsche Telekom has decided to support the Ethereum ecosystem and its scalability solutions, and Polygon, known as the leading Ethereum Layer-2 scaling platform, aligns with that focus. While Polygon was initially marketed as an Ethereum layer 2 scaling solution, it has since discontinued that terminology due to concerns about misrepresentation. Polygon is a sidechain, independent from Ethereum for its security, although it commits its transaction history to Ethereum. The company's assets are secured by a multi-signature wallet controlled by a small group of individuals or entities. Deutsche Telekom also runs validators for other major and minor blockchains, including Ethereum, Q, Celo, Flow, and Energy Web. Trad telecom company branches into cool new tech The company's strategy for running validators remains unclear, with Röder highlighting that blockchain technology presents a valid business case and Deutsche Telekom receives percentages of the rewards. However, another representative clarified that the company does not stake its own crypto assets but relies on others to do so while taking a cut of their rewards. While some might speculate that Deutsche Telekom's involvement with blockchains could be a marketing strategy to appeal to a younger user base, overall, Deutsche Telekom's foray into node validation demonstrates its commitment to web3 infrastructure and its interest in the Ethereum ecosystem's scalability solutions. 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.

A recently proposed draft bill could set clearly defined roles for the SEC and the CFTC, giving much-needed clarity to the U.S. crypto industry. Let’s find out more. Bitcoin USDT stablecoin issuer Tether has announced its plans to set up Bitcoin mining operations in Uruguay using renewable energy. DeFi The Uniswap DAO has voted against a proposal to turn on protocol fees for liquidity providers. The poll saw 45% opposed to turning on proposal fees, while support for two fee plans was divided. The Multichain team has been unable to reach the protocol’s CEO and gain the necessary server access for maintenance works. Altcoins Stablecoin Tether has fought through the challenging stablecoin market and propelled its market cap to reach an all-time high of $83.2 billion. Circle has announced that it will be launching the USDC stablecoin natively on Arbitrum on the 8th of June, 2023. In an impressive milestone for the Avalanche (AVAX) ecosystem, the platform has successfully surpassed the coveted one million monthly active users (MAUs) mark. Business Hong Kong-based First Digital Group has announced the introduction of a new stablecoin that will be pegged to the United States Dollar but regulated in Asia. A report by independent journalist Colin Wu claimed that Binance, the world’s largest crypto exchange by trading volume, may have cut its staff by as much as 20%. The world’s leading social trading platform, BingX, announced the launch of a peer-to-peer trading feature that allows users to buy and sell crypto directly with P2P merchants. In a move to streamline operations and reduce expenses, blockchain analytics firm Nansen has announced a significant reduction in its workforce. Gulf Binance, a partnership between crypto exchange Binance and Gulf Energy’s innovation division, Gulf Innova, received approval in Thailand for a digital asset operator license. Balinese authorities said they would crack down on foreign tourists who pay for products and services using cryptocurrencies. Regulation Republican lawmakers Patrick McHenry and Glen Thompson have introduced a draft bill proposing clear roles and delineation of authority between the SEC and CFTC regarding crypto. The Central Bank of UAE has set forth comprehensive guidelines for digital asset KYC, to be implemented next month. Crypto exchange Crypto.com announced it had been granted a Major Payment Institution license for Digital Payment Token services from Singapore’s central banking institution. The European Union (EU) has formally signed new legislation on crypto licensing (MiCA) and money laundering rules into law. An Indonesian rental car owner was arrested by Bali police at his business premises after it was alleged he accepted crypto for payments. ByBit has become the latest cryptocurrency exchange to exit Canada and plans to shutter all services and products offered in the country. Republican congressman Warren Davidson has stated that a tentative deal aimed at stopping the US government from defaulting on its debts potentially scuppers a proposed 30% crypto mining tax. The Bank of Japan has announced the completion of the second stage of its CBDC program and is now moving ahead with its pilot project. NFT Reddit NFTs have seen staggering success since their launch, with the platform registering 10 million NFT holders and hitting $32 million in sales. Web3 Wallet-as-a-service provider Magic has successfully raised $52 million in a strategic funding round led by PayPal Ventures. Germany's Deutsche Telekom has joined Polygon as a validator, signaling its support for the Ethereum layer-2 scaling protocol and expanding its involvement in the blockchain technology space. Security Jimbos Protocol has contacted the Department of Homeland Security in an effort to reclaim the funds that were stolen via a flash loan exploit on the 28th of May. 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.

Germany's Deutsche Telekom has joined Polygon as a validator, signaling its support for the Ethereum layer-2 scaling protocol and expanding its involvement in the blockchain technology space. Deutsche Telekom aims to explore new revenue streams and enhance network security through its participation as a validator. The company's subsidiary, Deutsche Telekom MMS, will operate as a validator for Polygon, contributing to the security, governance, and decentralization of the platform. As a validator, Deutsche Telekom will run a full node, produce blocks, validate transactions, and participate in the consensus process. This move strengthens the overall integrity and interoperability of the Ethereum ecosystem. Dirk Röder, Head of the Blockchain Solutions Center at Deutsche Telekom, views the collaboration with Polygon as a significant milestone for the company's aspiration to become a key player in Web3 infrastructure. Deutsche Telekom aims to serve institutional clients as a reliable enterprise-grade staking provider and leverage the existing infrastructure to monetize the native token of the underlying blockchain network. This strategic move allows Deutsche Telekom to tap into the growing potential of blockchain technology and establish a foothold in the evolving digital economy. The involvement of mainstream telecommunications companies like Deutsche Telekom in the Web3 space can contribute to the greater decentralization of proof-of-stake blockchains. Röder emphasizes the importance of having a diverse and reliable validator set in a decentralized ecosystem. Other telecommunications companies are also exploring opportunities in this domain, fostering a more robust network infrastructure for blockchain platforms. Michael Blank, CEO of Polygon Labs, believes that collaborations between blockchain projects and mainstream businesses like Deutsche Telekom can pave the way for wider adoption of blockchain technology across various industries. The partnership not only strengthens Polygon's network security and governance but also showcases the practical applications of blockchain beyond cryptocurrencies. Polygon's blockchain ecosystem offers a suite of protocols for developers to access major scaling solutions, including zero-knowledge rollups, sidechains, app-specific chains, and data availability protocols. As a validator, Deutsche Telekom MMS will contribute to the security and decentralization of Polygon's proof-of-stake sidechain and Supernets app-chains. Currently, Polygon's PoS chain hosts numerous decentralized applications, processing millions of daily transactions and locking over $1.2 billion in Total Value Locked. Deutsche Telekom's participation as a validator on Polygon demonstrates the increasing recognition of the potential of blockchain technology by established companies in the telecommunications industry. This collaboration strengthens Polygon's network infrastructure while bridging the gap between traditional businesses and the blockchain ecosystem. The partnership between Deutsche Telekom and Polygon highlights the continued growth and integration of blockchain technology into mainstream operations. Such collaborations between traditional industry firms and blockchain companies advance the possibilities for transformative applications and advancements in the digital landscape, merging new horizons to expand the use case and adoption of blockchain technologies beyond crypto. 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.

The German telecommunications firm looks to leverage its infrastructure in Web3, plugging in as a network validator for Ethereum scaling protocol Polygon.

Well-established crypto projects have become sluggish in terms of growth. Therefore, investors are looking for young projects, like Tradecurve, which are setting new records. Although Polygon (MATIC) and Chainlink (LINK) have worked on improving their ecosystem, their value has been in the red zone. Therefore, holders of MATIC and LINK have started to shed their tokens to add TCRV to their investment portfolio. >>Register For The Tradecurve Presale<< Polygon (MATIC) Joins Hands With De.Fi To protect its ecosystems from issues like smart contract vulnerabilities, phishing, blind signing, and others, Polygon (MATIC) has collaborated with De.Fi. Under this partnership, Polygon (MATIC) will integrate De.Fi&rsquo;s antivirus into its ecosystem. The antivirus will include tools like De.Fi Shield, which will scan smart contract approvals, and downloaded files in the Polygon (MATIC) ecosystem. It will also enable Polygon (MATIC) users to assess the security of non-fungible tokens, or staking vaults. The price of Polygon (MATIC) has responded positively to the news. Polygon (MATIC) has risen by more than 1% on the weekly price chart. Currently, Polygon (MATIC) is available to trade at $0.86. Coinbase Cloud Joins Chainlink (LINK) Chainlink&rsquo;s (LINK) ecosystem has been expanding, and Coinbase Cloud is a new player to join it. Chainlink (LINK) has been working on improving its network efficiency to attract more users. This is necessary as Chainlink (LINK) has been plummeting on the price charts for quite some time. The market value of Chainlink has dropped by 11% in the past month, and LINK is currently trading at $6.30. According to the recent announcement by Chainlink (LINK), Coinbase Cloud will become a node operator on its system. Under this collaboration, Coinbase Cloud will use its infrastructure to strengthen the security of Chainlink&rsquo;s (LINK) oracle network. Chainlink (LINK) has big names on its roster of node operators, including Associated Press, Deutsche Telekom, and Swisscom. Tradecurve Wins Market Trust With Its Growth Potential Currently, there are about 600 crypto exchanges, and the number of users is expected to increase from 420 million (2022) to more than 994 million by 2027. Thus, crypto exchanges can witness a surge in their adoption over the coming years. But one platform that is set to attract the most number of traders is the newly launched Tradecurve. Earlier, traders had to create multiple accounts on different platforms to trade derivatives. However, on Tradecurve, users can trade cryptocurrencies, indices, Forex, CFDs, Options, and other derivatives with a single account. Therefore, it is destined to become one of the top three global trading exchanges. Besides, existing trading exchanges, such as Binance and Bittrex have been caught up in intense legal scrutiny. Hence, traders are opting for Tradecurve for a safe and stable trading experience. TCRV will power the ecosystem, and its holders will get bonuses, discounts, and exclusive rewards. They can also earn rewards by staking their tokens to the platform&rsquo;s liquidity pool, which will be locked for two years. The platform is moving towards raising $20 million during the presale phase, which is significantly higher than the ICO of Binance. A TCRV token is currently available for $0.015, and is expected to soar by 50x during the presale. For more information about TCRV presale tokens: Click Here For Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Telecoms giants Swisscom, Deutsche Telekom and news provider Associated Press are also Chainlink node operators.

David Maisel, who pioneered the Marvel Cinematic Universe, is spearheading a new digital art collection from Mythos Studios, featuring artwork by noted comic book artist Michael Turner.