MetaSoccer(MSU)

While Bithumb has not officially confirmed the IPO plans, it has recently selected Samsung Securities as its potential IPO underwriter, a critical step in the public listing process.

The race to develop AI chips continues as Samsung’s chip manufacturing department partnered with Canadian startup Tenstorrent to produce chips and intellectual property for data centers.

Andreessen Horowitz, Paris Hilton and Samsung have invested in the new blockchain-based open IP collaboration network, Story Protocol.

Singapore’s central bank has announced the release of a revised regulatory framework to ensure stability for single-currency stablecoins regulated in the city-state. The framework outlines requirements that issuers need to meet to be deemed as regulated by the monetary authority of Singapore. Better Regulatory Clarity The revised framework was announced on the 15th of August and is primarily aimed at non-bank issued stablecoins that are pegged to the value of the Singapore Dollar, or G10 currencies, including the British Pound, Euro, and the United States Dollar, and whose circulation is greater than 5 million Singapore Dollars. The Monetary Authority of Singapore stated, “Stablecoins are digital payment tokens designed to maintain a constant value against one or more specified fiat currencies. When well-regulated to preserve such value stability, stablecoins can serve as a trusted medium of exchange to support innovation, including the “on-chain” purchase and sale of digital assets. MAS’ stablecoin regulatory framework will apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar or any G10 currency that is issued in Singapore.” According to the Singapore central bank’s financial supervision deputy managing director, Ho Hern Shin, the framework helps to establish and facilitate stablecoin use as a credible digital medium of exchange and a bridge between the traditional and digital currency ecosystems. Shin also urged stablecoin issuers to prepare for compliance if they wished for their stablecoin to be labeled as regulated by the Monetary Authority of Singapore. Details Of The Framework The revised regulatory framework lists several requirements for stablecoin issuers. These include redemption timelines, reserve management, disclosures, and capital requirements. According to the MAS, reserve assets will be subject to requirements depending on their valuation, composition, custody, and audit. Stablecoin issuers will also have to maintain a minimum base capital and liquid assets to stave off any risk of insolvency. Stablecoin issuers will also be required to return the par value of the stablecoins to holders within five business days following a redemption request. The Monetary Authority of Singapore also observed that only those issuers who could fulfill the revised requirements could apply to be regulated by the MAS. According to the country’s central bank, this label would help distinguish regulated stablecoins from non-regulated ones in the market. It also warned that those representing a token or stablecoin to be certified by the Monetary Authority of Singapore would also be subject to penalties defined in the new framework. The penalties include prison time, fines, as well as the addition on an alert list. Penny Chai, VP of Business Development for Sumsub in APAC, reiterates the importance of crypto businesses prioritizing AML compliance processes: "Singapore's aim to establish comprehensive regulations for stablecoins is a significant step towards fostering a secure and transparent digital currency environment - the move sets a noteworthy example for other jurisdictions. Stablecoins have surpassed $100 billion in market value, according torecent reports, therefore the need for regulatory clarity is paramount as the market continues to grow.Failing to adhere to this regulation could potentially result in fraudulent activities due to the inability to identify suspicious users, leading to financial penalties and substantial reputational harm for cryptocurrency businesses operating in Singapore and broader markets, APAC and further beyond. Companies must prioritise establishing crypto transaction monitoring tools and comprehensive AML compliance and verification procedures, both during the onboarding process and beyond." Attempts At Regulating Stablecoins The revised framework takes into account feedback from a public consultation held in October 2022. However, the MAS will still need to hold consultations, while parliament would need to pass amendments to enforce the revised framework. The MAS highlighted the risks involved in investing in crypto last year following the collapse of the TerraUSD (UST) and Luna tokens. The United States is also looking to pass regulations regarding stablecoins. The United States House Financial Services Committee had recently proposed a bill that would establish a federal regulatory framework. The bill proposes that the United States Federal Reserve draw up requirements for the issuance of stablecoins while maintaining the authority of state regulators. The bill was modified after several democrats raised concerns that stablecoin issuers could simply bypass stricter federal oversight by opting to be regulated by state regulatory authorities. 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 AI chip developing company Tenstorrent just closed a funding round worth $100 million which was led by manufacturing giants Samsung and Hyundai.

Bridge Protocol LayerZero has revealed that it has achieved a significant landmark, crossing 50 million cross-chain messages. The landmark shows the surging demand among users in the crypto space to conduct cross-chain token swaps and transfer liquidity between different chains. What Is LayerZero? Interoperability issues have plagued the blockchain ecosystem. For seamless interoperability between blockchains, projects must implement standardized data formats, secure communication channels, common consensus mechanisms, and secure, scalable interoperability protocols. This is where LayerZero comes into the picture. LayerZero is a cross-chain communication protocol that facilitates trustless, direct communication between different blockchains, supporting prominent players such as Solana, Aptos, SUI, EVM Chains, and others. The communication protocol could potentially revolutionize how blockchains interact with one another, eliminating the need for intermediaries such as bridges and facilitating direct communication instead. LayerZero’s Unique Approach LayerZero uses a unique approach called Ultra Light Nodes (ULNs) to facilitate interoperability. Ultra Light Nodes are essentially lightweight blockchain clients that can validate transactions on other chains without requiring them to download the entire blockchain state. This allows LayerZero to achieve a significantly high throughput, along with low latency during inter-chain communication with blockchains that have different architectures and consensus mechanisms. The Ultra Light Nodes are deployed on chains that wish to communicate with one another and maintain a partial view of the chain they are deployed on, which is then used to validate transactions. Relayers, a type of off-chain service, are responsible for relaying messages between ULNs on different chains. As an incentive, relayers are adequately compensated for each message they transmit between chains. Oracles, another third-party service, are used to pass on the block header to the target chain’s endpoint, following which the transaction proof is submitted. Once submitted, the destination chain validates the proof using its consensus mechanism. The 50 Million Milestone LayerZero crossed the 50 million messages milestone for messages between blockchains on Tuesday. The landmark achievement highlights the high demand among users in the crypto space to conduct cross-chain token swaps and liquidity transfers between chains, despite several vulnerabilities and risks. This is because data from Chainalysis has shown that bridge exploits accounted for over $2 billion in stolen assets in 2022 alone. The news also comes just three months after LayerZero Labs, the entity behind LayerZero raised $120 million in capital from over 33 backers. The list of backers included prominent names such as auction house Christies’ Sequoia Capital, Samsung Next, and Andreessen Horowitz. The Series B funding round was done at a valuation of $3 billion, nearly tripling its valuation from its $135 million round, held in March 2022. Other backers in the latest funding round included OpenSea Ventures, Circle Ventures, and BOND. The funding round also marked a rare funding deal in a prolonged crypto bear market that has seen funding dry to a crisp. Co-founder and CEO of LayerZero Labs stated, “LayerZero is to blockchains what the internet was to computing clusters. LayerZero allows chains not only to build bridges (to transfer assets/value between them) but send and execute arbitrary data just like a packet on the internet. What this means is that you can now build applications that are orders of magnitude more complex than existing applications and do so with a completely seamless experience between chains.” 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.

Seoul, South Korea, July 21st, 2023, ChainwireSuperblock, a contributor to Over Protocol, has raised $8 million from prominent companies and VCs in South Korea across two funding rounds. Investors included SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp, and NaverZ.Ben (Jae-Yun) Kim, the founder of Superblock, said: "We are deeply diving into the South Korea market with the best local partners and looking to meet global partners accelerating us all over the world."As layer 1 blockchains have become faster and more established over time, the costs of bootstrapping and maintaining nodes have become increasingly expensive. As a consequence, blockchain applications have become challenging to operate without the use of costly equipment.Over Protocol is a new layer 1 blockchain based on a protocol named "Ethanos" that only considers active accounts valid, enabling full nodes to discard obsolete data and operate with less storage, thus allowing for reduced storage requirements. With Over, anyone will be able to run a node and become a validator on their PCs at home. Ethanos has been published at EuroSys’21."With the ability for anyone to run a validator, individuals can earn potentially passive income through a process called home staking, enabling them to embrace a new lifestyle with new payment options, enhanced credit, and innovative finance opportunities," Ben added.About Superblock Superblock builds products, tools, and decentralized applications to flourish the Over Protocol. Over Protocol is a truly decentralized layer 1 blockchain providing lightweight full nodes.For more information: Twitter | Discord | MediumContactMarketerDavid [email protected]+821043302540

Road Town, British Virgin Islands, June 29th, 2023, ChainwireLBank Labs, the venture fund of the global crypto exchange LBank, is pleased to announce its strategic investment in ArkStream Capital. This collaboration brings together the expertise and resources of two prominent players in the blockchain industry, aiming to drive the advancement of Web3 innovation.LBank Labs, known for its protocol and exchange-agnostic approach, is committed to supporting projects through direct funding, acceleration, incubation, and extensive networking. With $100 million assets under management (AUM), the venture capitalist arm of global cryptocurrency exchange LBank has a strong track record of nurturing startups and helping them thrive. Besides direct investments in projects, the team aims to build a strong fund network via investing in global top funds to support portfolios from the network in both financial and resource value-add. Czhang Lin, an IC board member of Labs, is also personally LPs to NGC, Blockchain Founders Fund and Lemniscap, where Eric He, Co-Founder of LBank is LP to SevenX Ventures fund I, II and FOF, and IOSG Ventures.ArkStream Capital, established by a collective of crypto-native founders with diverse backgrounds from institutions such as MIT, Stanford, BlackRock, Google, and Samsung, has quickly gained recognition for its outstanding achievements. Led by Founding Partner Allen Su, whose previous venture BlockArk was a trailblazing blockchain growth company established in 2017, ArkStream Capital possesses exceptional capabilities in research and growth strategies.Notably, ArkStream Capital has earned accolades as one of the best-performing funds during the 2020-2022 cycle. Leveraging their strategic and discerning investment approach, the firm has successfully supported over 70 portfolio companies, including prominent industry players like Flow, SEI, Republic, Manta, LiveArtX, and Mask.With an unwavering commitment to fostering on-chain user adoption, ArkStream Capital is now expanding its investment scope to embrace the next phase of Web3 evolution. In addition to infrastructure investments, ArkStream Fund II will prioritize applications and user portals. Notable investments from Fund II include Linera, a cutting-edge MOVE layer-1 project; Polkastarter Gaming, the largest web3 gaming information platform; and Particle Network, an all-encompassing infrastructure solution. ArkStream Capital's co-investors in these ventures include industry giants such as Sequoia, SuperScrypt, a16z, and Alibaba."We are delighted with the investment made by LBank Labs, as it signifies a remarkable opportunity to jointly bring Web3 innovation to the vast and burgeoning user base in emerging markets,” said Allen Su, Founding Partner of ArkStream Capital."We are excited to join forces with ArkStream Capital in our shared mission to drive Web3 innovation and cater to the growing user base in emerging markets. This strategic investment represents a significant opportunity to combine our strengths and resources, accelerating the development of groundbreaking technologies that will reshape industries globally." - Jiayu, Head of FOF Investment at LBank Labs.LBank Labs and ArkStream Capital are poised to leverage their respective strengths and networks to drive forward the development of Web3 technologies, revolutionizing industries and empowering users worldwide. As part of their commitment, LBank Labs is dedicated to establishing an extended network of Fund of Funds, focusing on optimizing portfolio performance and diversification while highlighting the intrinsic value of their ecosystem network. With a strong presence in seven global regions, LBank Labs is a powerhouse for fostering collaboration and innovation cross-borders.Earlier this month, LBank Labs similarly announced strategic investment and partnerships with prominent venture funds Sparkle Ventures, Collab+Currency, and SevenX Ventures, highlighting Labs’ mission to unite key innovative players in the industry to advance Web3.About LBankLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrency.Start Trading Now:lbank.comCommunity & Social Media:lTelegramlTwitterlFacebooklLinkedInlInstagramlYouTubeContactLBankpress@lbank.info

HSBC Hong Kong, a subsidiary of one of the world's largest banking and financial services organizations, has recently added support for Bitcoin and Ethereum futures Exchange Traded Funds (ETFs). This move expands access to digital asset derivatives in the flourishing Asian crypto hub. Jeff Feng, co-founder of Sei Labs, believes that ETFs deliver "simplicity and convenience" for newcomers to the crypto space. Broader Exposure to Digital Assets As of Monday, HSBC Hong Kong customers are now able to trade ETFs that offer exposure to Bitcoin and Ethereum futures based on derivative contracts listed on commodity exchanges. These ETFs, treated as securities, were listed on HSBC Hong Kong's mobile app "Easy Invest." HSBC Hong Kong has confirmed to Decrypt that the specific offerings are CSOP Bitcoin Futures ETF, CSOP Ethereum Futures ETF, and Samsung Bitcoin Futures Active ETF. The news was initially reported by Chinese crypto journalist Colin Wu, who underscored that HSBC, the largest bank in Hong Kong, is the first lender in the region to grant its customers access to digital asset ETFs. According to Jeff Feng, including ETFs on its investment platform provides HSBC Hong Kong investors with access to derivatives, which they might otherwise seek on unregulated exchanges. This new offering represents a clear opportunity for the bank to take the lead and fulfill a clearly identified customer need. The CSOP Bitcoin Futures ETF and CSOP Ethereum Futures ETF are managed by CSOP Asset Management. This firm listed the two products on the Hong Kong Stock Exchange in December of last year, marking the first time ETFs in Asia had tracked digital asset futures. Both ETFs invest in futures contracts trading on the Chicago Mercantile Exchange (CME), providing a straightforward way for investors to participate in the performance of Bitcoin and Ethereum. Safer Path Through Regulatory Scrutiny Despite the strong demand for spot access to crypto among retail investors in Hong Kong, Feng noted that the demand for derivatives is equally high, if not higher. ETFs offer companies a way to provide crypto exposure without exposing themselves to regulatory risk in a rapidly evolving industry. Hong Kong's financial authorities have recently signaled a shift toward a more open stance on cryptocurrencies. The regulatory scrutiny around centralized exchanges has led to caution in launching new platforms. "If all of the centralized exchanges are getting this much regulatory scrutiny, it wouldn't be too wise to go out and try to launch another," Feng stated. "It's much safer to do what's already been proven. There's a clear playbook." In the United States, futures ETFs related to the performance of digital assets have become more common. Despite the U.S. Securities and Exchange Commission (SEC) not yet approving a spot-based Bitcoin ETF, ProShares' Bitcoin futures ETF was launched on the New York Stock Exchange in 2021. "When you have simplicity, what you eventually will get is volume,” he said. "People will eventually speculate because it’s just so easy," Feng said. According to Feng, the "simplicity and convenience" offered by ETFs make them an attractive option for retail traders, particularly compared to other derivatives like options, which require an understanding of more complex concepts. 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.

HSBC clients can now buy and sell the following ETFs: CSOP Bitcoin Futures ETF, CSOP Ethereum Futures ETH, and Samsung Bitcoin Futures Active ETF.

Altman confirmed ongoing discussions with chipmaking companies like Samsung Electronics and expressed his willingness to further engage in the dialogue.

Dispersion Capital, an early-stage venture capital firm, has emerged from stealth mode and announced the launch of a $40 million fund to support startups working on infrastructure for Web3 projects. The firm already has investments in 20 companies, with a majority of them receiving follow-on financing. According to a an official press release, the venture capital firm aims to invest in startups that are developing cutting-edge infrastructure for a multichain, multi-currency, and multi-platform world, with a particular focus on Web3 and decentralized platforms. The fund has received backing from prominent organizations in the industry, including Ripple, HashKey, Wemade, Circle Ventures, Alchemy Ventures, Lightspeed, Cherubic Ventures, Forte, and NGC Ventures. This list also includes participation from individual general partners working in the Web3 space. Dispersion Capital's founder, Patrick Chang, explains that the goal of the fund is to elevate Web3 to a level similar to cloud computing. Chang highlighted the need for stronger infrastructure support in the Web3 ecosystem, particularly in areas such as onboarding, scalability, and security. "To unlock the true power of these developers and enable the creation of groundbreaking applications, Dispersion Capital is dedicated to enabling the future robust and mature infrastructure that goes beyond protocols and networks," Chang shares. Dispersion Capital's investment focus lies in funding startups working on specific layers of Web3, including fintech and gaming infrastructure, security, data, and platforms that challenge legacy industries. By supporting these startups, the venture capital firm aims to address the perceived immaturity of Web3 infrastructure and enable the development of groundbreaking applications. The timing of Dispersion Capital's launch is significant in that it comes at a time when crypto venture capital is considerably accelerating into the direction of zero-knowledge (ZK) protocols and integrations. Firms backed by Dispersion Capital working in this area include Mystiko Network, Chaos Labs (security and risk management), and ZettaBlock (Web3 analytics). While investments in Q1 2023 were down compared to the previous year, emerging markets such as privacy, data management, and security for Web3 protocols show potential for growth. This suggests that Dispersion Capital could be well-positioned to navigate regulatory uncertainty and support startups in these emerging markets. Chang is a seasoned investor with web3 credentials and nearly two decades of experience. He previously led Samsung Next's blockchain investments and played a key role in defining investments in notable web3 startups such as Dapper Labs, Flow, and Alchemy. Chang's expertise and track record have garnered support from various industry pioneers who believe in his ability to spot ambitious founders and scale the next generation of web3 infrastructure. Dispersion Capital's vision aligns with the concept of the "Dispersion Economy," which represents the evolution of the decentralized economy. The firm aims to disperse blockchain's game-changing decentralization throughout the ecosystem, making decentralized technology functional, accessible, and scalable for developers. By funding the fundamental tech layers needed for this future, the venture firm strives to empower Web3 builders and developers to deploy on dispersed, decentralized infrastructures.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 collaboration will have both parties researching the offline capabilities of CBDC issued by South Korea’s central bank.

Yachtify (YCHT) sets a course for financial success by offering a unique investment opportunity in the maritime industry, outshining established projects like Axie Infinity (AXS) and Polygon (MATIC). By democratizing yacht ownership and enabling users to capitalize on the lucrative yacht rental market, Yachtify provides investors with a distinctive and promising avenue for portfolio growth. >>>> BUY YACHTIFY TOKENS <<< Yachtify (YCHT): A Promising Alternative Investment Yachtify (YCHT) presents a unique opportunity for investors to participate in the world's first fractional yacht investment platform, offering an innovative solution for earning passive income through boat ownership. By allowing investors to buy, sell, and rent real-world yachts in fractions, Yachtify (YCHT) democratizes access to an exclusive market that was previously reserved for the wealthy. Yachtify's upcoming presale offers investors an enticing opportunity to join the project at an early stage. With the native token, $YCHT, priced at just $0.10 per token during the presale, participants can secure their stake in this groundbreaking venture at an attractive entry point. Moreover, investors who join the presale may also benefit from exclusive bonuses, further enhancing the potential returns on their investment. As the crypto space continues to evolve, Yachtify (YCHT) stands out as a promising alternative to traditional investments. With its unique fractional ownership model, a recession-proof maritime industry, and an accessible entry point through the presale, Yachtify (YCHT) is poised to revolutionize the yacht market and offer investors a chance to navigate toward financial success. Axie Infinity (AXS) Encounters Hurdles in the Competitive Crypto-Gaming Sector Axie Infinity (AXS), a pioneering blockchain gaming platform, has made headlines for its innovative use of non-fungible tokens (NFTs) to represent in-game assets such as characters, items, and land. Axie Infinity (AXS) play-to-earn model has attracted a massive user base, driving the creation of a thriving market for NFTs and gaming tokens. Axie Infinity (AXS) high-profile partnerships with industry giants like Samsung, Ubisoft, and Binance further demonstrate the potential for blockchain-based gaming. However, despite these accomplishments, Axie Infinity (AXS) confronts challenges in the rapidly evolving crypto-gaming landscape. As new projects and competitors emerge, Axie Infinity (AXS) must adapt and consistently innovate to stay ahead of the curve and maintain its competitive edge in the industry. Polygon (MATIC) Struggles to Prosper Polygon (MATIC) has recently faced difficulties, raising questions about the reasons for its underperformance. Factors such as market capitalization, the team's emphasis on network development, and previous growth cycles have all contributed to the token's downturn. For example, with a market cap of around $10 billion, Polygon (MATIC) has already gone through its price discovery phase, which could limit its growth potential compared to smaller, emerging projects. Furthermore, the Polygon (MATIC) initial growth cycle saw its value skyrocket from $0.04 to a high of $2.59. After peaking close to $3 at the beginning of 2022, Polygon (MATIC) growth may have plateaued, a common phenomenon for many cryptocurrencies following rapid expansion periods. In light of these challenges, investors might consider exploring alternative opportunities such as Yachtify (YCHT), which offers a unique investment proposition through its fractional yacht ownership model and access to the recession-proof maritime industry. As Polygon (MATIC) wrestles with these obstacles, Yachtify (YCHT) emerges as an appealing option for investors seeking portfolio diversification and potential growth. Join Presale: https://buy.yachtify.market Website: https://yachtify.market Telegram: https://t.me/yachtify Twitter: https://twitter.com/yachtify_market 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.

The company-wide ban prevents Samsung employees from accessing generative AI tools on all Samsung-owned devices and internal networks.

The update and Galaxy Z Fold devices will provide users with an empowered Crypto.com App experience.

An entity connected to a wallet named “jaredfromsubway.eth” is sandwiching crypto traders, mainly those betting on tokens such as pepe and chad.

With the increasing adoption of blockchain technology and the emergence of new DeFi projects, the altcoin market is becoming more diverse and competitive. In this article, we will explore five best altcoins that are set to explode in 2023: DigiToads, Tron, Chainlink, Solana, and Quant. DigiToads (TOADS) DigiToads is a unique and exciting meme coin that has captured the crypto community's attention with its innovative approach to gaming and charity. At the platform's core is a Web3 game that allows users to train and battle with their toad pets, cool NFTs that can also be staked for passive income. This play-to-earn element has attracted a significant following, with players earning rewards and leveling up their toad pets to become more competitive. In addition to the game, this unique new ICO offers exclusive access to the elite Toad school, where community members can learn advanced trading techniques from leading crypto analysts. To incentivize participation in the school, DigiToads hosts on-chain trading competitions, with the winners receiving a coveted Platinum Toad NFT that grants access to a portion of the platform's treasury for trading. One of the standout features of this exciting DeFi project is its commitment to charitable causes. The platform donates 2.5% of its profits to Amazon forest replanting efforts, helping to protect real-life toads and their natural habitats. DigiToads is currently in its third presale stage, with the price already increasing twice. The upcoming eight price increases leading up to the launch are expected to result in a 450% surge in price for early investors. With a doxxed team and audited code, the project is also gaining trust among investors. The recent news of the listing on the BitMart CEX is further boosting the project's popularity and reliability, making DigiToads a credible crypto worthy to watch in the world of meme coins and NFTs. >> Buy DigiToads Now << Tron (TRX) Tron (TRX) is a decentralized finance project with a vision to revolutionize the content-sharing industry by decentralizing the internet. The project was launched in 2017 and has steadily gained traction since then. At its core, Tron is built on a highly scalable and efficient blockchain. It offers low transaction fees and fast processing speeds, making it a popular choice among users and investors. Tron's proficient development team and robust community support have been instrumental in the platform's success, and it has also forged strategic partnerships with industry leaders like BitTorrent and Samsung. These collaborations have enhanced the project's credibility and market reach, presenting lucrative investor opportunities. Tron's native token, TRX, plays a crucial role in the platform's ecosystem, fueling smart contracts and powering the platform. With the surge of dApps being developed on the Tron network, the demand for TRX will increase, presenting a potential opportunity for investors. Chainlink (LINK) Another promising member of the DeFi market is Chainlink - a decentralized oracle network that has revolutionized the way smart contracts access off-chain data streams, APIs, and conventional bank payments. By providing a dependable and trustworthy data source for smart contract applications, Chainlink ensures that the data being utilized is accurate, which is crucial for the efficient functioning of smart contracts. One of the primary advantages of Chainlink is that it can access data from any source, including APIs, data streams, and conventional payment systems. This makes it ideal for use cases such as supply chain management and decentralized finance (DeFi). Additionally, the network's nodes gather information from multiple sources and combine it into a single, reliable source. Chainlink's native coin, LINK, incentivizes node operators to deliver correct data. They must stake a specific number of LINK tokens as collateral to guarantee the reliability of the data they provide. Chainlink's innovative approach has made it widely utilized in the DeFi industry, providing trustworthy price feeds for decentralized exchanges and other financial applications. Moreover, it is used in the gaming sector to facilitate safe and open in-game transactions. With its increasing popularity and usage, Chainlink is poised to be one of the most promising cryptocurrencies in 2023. Solana (SOL) Another solid cryptocurrency for beginners and professionals is Solana, a decentralized blockchain platform that has made significant strides in the crypto industry since its launch in 2018. One of its core strengths is its high scalability, made possible by its unique Proof of History method and Proof of Stake protocol. This approach allows the network to handle up to 50,000 transactions per second with minimal transaction fees, typically under one second block time and sub-second finality. Moreover, Solana's single global state provides greater flexibility and composability between projects within the ecosystem, eliminating the need for integration with multiple shards or Layer-2 solutions. The platform also supports popular programming languages such as C, C++, and Rust, making it more accessible to developers. Solana's recent foray into the NFT sector has garnered even more attention. It offers a cost-effective and efficient alternative to Ethereum, with lower transaction fees and faster processing times. These attributes have made Solana an attractive option for NFT creators and collectors. Thus, despite the latest fluctuations, SOL is starting to pick up steam. Quant (QNT) Quant (QNT) is a unique cryptocurrency that focuses on interconnecting various blockchain networks and their applications. QNT aims to break down the barriers between different blockchains and promote interoperability between them, allowing for efficient and secure cross-chain transactions. One of the standout features of this ERC20 token is its Overledger Network, a blockchain operating system that acts as a bridge between different blockchains, enabling them to communicate securely and efficiently. Overledger also supports legacy systems, cloud services, and other data sources, making it a versatile tool for enterprise blockchain solutions. Another advantage of QNT is its multi-chain approach, which allows it to operate on multiple blockchains simultaneously. This improves its interoperability and provides redundancy and resilience to the network. QNT's native token, QNT, plays a critical role in the Overledger Network by facilitating the interaction between blockchains and applications. As the number of transactions on the network grows, so does the demand for QNT, potentially driving up its value. Conclusion The cryptocurrency market is witnessing an exciting period of growth and innovation, with many new projects and altcoins emerging with unique features and utilities. The top five cryptocurrencies discussed in this article prove that they have room for growth, and considering the current positive sentiment on the market, it is the ideal moment to grab some of those altcoins. For More Information on DigiToads visit the website, join the presale or join the community for regular updates. 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.

South Korea is a country that delves into new and upcoming technologies all the time. In fact, the capital of the nation, Seoul has been ranked as the world&rsquo;s &lsquo;leading digital city&rsquo; and the &lsquo;tech capital of the world&rsquo;. Kakao is one of the biggest messaging apps in the country and with more than 44 million active users it&rsquo;s no surprise. Kakao is integrating a crypto wallet that allows users to use crypto on a day to day basis but in a more casual manner. Just the idea of 44 million people having the chance to use crypto is bullish on its own but what makes this even more interesting is that Kakao is South Korea&rsquo;s biggest internet corporation. There are several products of Kakao including, KakaoPay, KakaoTaxi, KakaoStory, KakaoStock and of course, KakaoTalk. According to news outlets in South Korea, Kakao has already raised around $90 million in order to develop its own blockchain network called Klatyn. The main idea behind this network is to migrate Kakao&rsquo;s existing platform onto the blockchain, the first of which is rumoured to be KakaoTalk. With this, the crypto wallet being implemented onto KakaeoTalk is a way to introduce Kakao users and the general public to Kakao&rsquo;s own blockchain network. Industry executives have said that KakaoTalk is going to be used as a crypto wallet and allow users to send, receive and store cryptocurrencies whilst also enabling them to run several blockchain applications. At first, the use of Kakao&rsquo;s crypto wallet will be on an opt-in basis. One executive who is familiar with Kakao&rsquo;s cryptocurrency integration has said that the firm will need a cryptocurrency wallet in order to introduce its proprietary blockchain to the public and its users. &ldquo;Kakao needs a cryptocurrency wallet for users of Klaytn and the best way to roll out the service is to integrate a crypto wallet into KakaoTalk, which over 80 percent of the population of South Korea use to communicate.&rdquo; Similar to Kakao, South Korea&rsquo;s Samsung has integrated a crypto wallet into the new Samsung Galaxy S10. More than 55 million people live in the nation and Kakao is one of the most popular platform out there in the country. With all this exposure, there is a lot of potential for adoption for cryptocurrency. It seems as if South Korea is paving the way to help boost an emerging industry.