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Cryptocurrencies/Coins/RG Coin (RGC)
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RG Coin(RGC)

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8 days agocryptopotato
US Sanctions IRGC-Affiliated Hackers on Ransomware Charges
The group was known for exploiting hospitals and businesses to lock up computer systems and requesting Bitcoin to restore access.
368 days agocryptodaily
Predictions To Keep An Eye On In The Upcoming Parachain Auctions
Several projects will be competing for one of the ten parachain slots on Kusama in the coming weeks, and there’s much to expect. The first five auctions saw five projects get officially interconnected. This means that they are capable of communicating with each other while on Polkadot’s canary network. Centrifuge and Parami are some of the competing projects you should expect to see at the next auction. In this article, you’ll find some predictions to watch for in the upcoming Parachain Auctions and what to expect. The Ecosystem Growth Success Following Kusama’s Parachain Auctions Five events were included in the first half batches of Kusama’s parachain auctions, and these events lasted a week. For competing projects, the period after the announcement of Kusama’s first parachain auctions was nothing short of intense. But with the first five winners of parachain slot getting announced after the auctions, the work begins with getting on board the network. Since getting on board, winning projects have been working to reach their deadline and goals. From monitoring network performance to launch phases, much has been going on behind the scenes even as the second round of parachain slot auctions rolls into town. As always, the Kusama Network is the precursor of things to expect for the Polkadot network. Everything will be up and running on Polkadot as soon as they pass the Kusama test. Centrifuge Wants To Enable Users To Access DeFi Liquidity Easier Centrifuge is one of the competing projects for the upcoming parachain auctions, and it promises to be a value-adding one. The project is the world’s largest real-world asset (RWA) platform for decentralized finance built on Polkadot. Being built on Polkadot should ensure speedy operation and low, affordable fees as well. It uses non-fungible tokens to represent real-world assets like invoices used as collateral in Tinlake, Centrifuge’s Ethereum dApp. Such a process allows financial services to support various real-world use cases and access DeFi liquidity. There’s a lot to look out for and expect from Centrifuge’s Altair DeFi platform, but most notably, it wants to link the Polkadot, Ethereum, and Kusama ecosystems. You’d expect users to be able to access DeFi liquidity when they need it and how they need it without hassle. Altair is Centrifuge’s experimental platform/testnet for users looking to test their asset financing limits. What’s more, users can tokenize from NFTs to undiscovered assets. Altair will be the much-needed testnet that Centrifuge Chain needs to experiment and test new features before launching. Also, Centrifuge will use Kusama for minting NFTs and any other innovations that its community comes up with after it goes live on Polkadot. After participating in the June edition, the Centrifuge team is billed to participate in Kusama’s September parachain slot auction. Centrifuge has over time gained sufficient backing from some reputable investors as well as VC firms. Its investors include TRGC, Atlantic, Stani Kulechov, Blueyard, Semantic, Crane, Rockaway, Mosaic, Venture Partners, Moonwhale, Mariano Conti, Fabric Ventures, Julien Bouteloup, Inflection, Fenbushi, IOSG, Fintech Collective, HashCIB, and Galaxy. Centrifuge has managed to raise $8 million in the course of its seed round three years ago. It also received an extra $4.3 million from its Simple Agreement for Future Tokens last year. Parami Protocol Project Substrate-based Parami protocol is tasked with building the next-gen digital advertising ecology. The protocol is also based on the Polkadot cross-chain tech as well as IPFS distributed storage tech. Parami is one of the projects worth looking out for in the future parachain auctions. It makes use of Substrate as its blockchain development framework for a couple of reasons. For one, Substrate’s forkless upgrade, on-chain governance, off-chain workers, cross-chain, and a host of other features are some of the industry’s groundbreaking innovations. Such innovations should serve the protocol and the wider Polkadot ecosystem well. What’s more, Substrate’s core functions are merged in a modular way. Doing so helps developers customize as much as their business logic allows, letting them set up the chain quickly. Conclusion The rest of the upcoming parachain auctions is expected to take place from September to October. Projects like Centrifuge, Manta Network, and Parami protocol are some outstanding ones to look out for and follow. So, which one are you rooting for? 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.
398 days agocryptodaily
Centrifuge’s Kusama Parachain Altair Will Bridge Real-World Assets With DeFi
As DeFi continues to expand its horizons, Polkadot and its canary network Kusama have experienced no shortage of interest from protocols and platforms seeking to leverage its embedded interoperability. Among them, Centrifuge’s Altair DeFi platform aims to bridge the Polkadot, Kusama, and Ethereum ecosystems, enabling users to access DeFi liquidity as and when needed seamlessly. Built using Substrate and with nearly the same codebase as the Centrifuge Chain, Altair serves as an experimental platform for users who want to test the limits of asset financing. With Altair, users can tokenize and finance their most experimental assets, from works of art in NFT form to undiscovered assets. Altair participated in the fourth Kusama parachain auction in June 2021, raising more than 6,000 KSM from its crowdloan, underlining the support and backing the project has received from the community. The team plans to compete again in Kusama’s upcoming parachain slot auctions, starting September 2021. Using Altair, Centrifuge is bringing its world-leading infrastructure for funding real-world assets (RWA) to the Centrifuge Chain. Altair will serve as the testnet for experimenting with new features before they're available for users and deployed on the Centrifuge Chain. When Centrifuge is fully live on Polkadot, Kusama will be used for minting NFTs, financing undiscovered assets, and other innovative ideas dreamed up by the Kusama community. In the future, Altair’s ingrained interoperability can support more projects across Polkadot and Ethereum, all while using Kusama to deliver greater access to DeFi liquidity. Kusama is an experimental ecosystem that exists as its own network. A groundbreaking blockchain platform, Kusama offers business teams the opportunity to test and scale their platform versions and applications before being released on a Polkadot parachain. Due to Altair's target audience being risk-takers and innovators, a Kusama integration will enable rapid and inclusive development for Altair. Altair allows anyone to tokenize their assets and use them as collateral to get financing through Tinlake, Centrifuge’s asset-backed lending platform. As collateral for loans, users provide their own non-fungible assets, and Altair connects the DeFi ecosystem on Kusama and facilitates borrowing from other protocols. The Altair ecosystem, built by Centrifuge, has been owned and governed by the Centrifuge community from day one of launch. Since its founding in 2017, Centrifuge has developed a decentralized asset financing protocol designed to unlock economic opportunity by connecting lenders and borrowers while eschewing the intermediaries and inefficiencies of brick and mortar financial services. Centrifuge uses NFTs to represent real-world assets, such as a mortgage or invoice, to be used as collateral in Tinlake. As a result of this process, traditional finance services can access DeFi liquidity and support a wide range of real-world use cases. As the first and the largest real-world asset (RWA) platform for DeFi, Centrifuge is built on Polkadot to ensure low fees and speed, helping the platform the highest TVL in the Polkadot ecosystem. Using Centrifuge's privacy-enabled NFTs, certain asset attributes remain private on the peer-to-peer (P2P) network. By extension, the Centrifuge Chain - a public, decentralized ledger - tracks ownership. The P2P protocol is leveraged to create, exchange, and verify asset data for private, off-chain data exchange, allowing the platform to bridge the value from real-world assets (RWA) to DeFi. The platform is already integrated with Maker and features a bridge to Ethereum, ensuring a continuous flow of liquidity. Since its inception, Centrifuge has garnered backing from prominent investors and VC firms, including Atlantic, Blueyard, Crane Venture Partners, Fabric Ventures, Fenbushi, Fintech Collective, Galaxy, HashCIB, Inflection, IOSG, Julien Bouteloup, Mariano Conti, Moonwhale, Mosaic, Rockaway, Semantic, Stani Kulechov, and TRGC. The platform successfully raised $8 million during its seed round in 2018 and received an additional $4.3 million from its SAFT (Simple Agreement for Future Tokens) in 2020. 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.
410 days agocryptodaily
BENQI Teams up with Avalanche on $3M Liquidity Incentive Campaign
BENQI, a non-custodial algorithmic liquidity market protocol, is joining forces with Avalanche to launch a liquidity incentive campaign with a total reward pool worth of $3 million. The joint liquidity mining initiative is celebrating the launch of BENQI protocol on Avalanche. Upon completion of its official debut BENQI will be one of the first liquidity market protocols within Avalanche’s DeFi ecosystem, providing its community a lending and borrowing marketplace. BENQI’s liquidity providers qualify for passive income, and borrowers can obtain loans by over-collateralizing. Avalanche will help catalyze the birth of BENQI through allocating $3 million worth of its native token, AVAX. The rewards will be offered as liquidity incentives to users borrowing and lending AVAX, ETH, LINK, wBTC, USDT, and DAI on the protocol with BENQI. The high throughput Avalanche blockchain will also empower holders of BENQI token ($QI) to access DeFi services and regain control over their strategies. BENQI’s users can lock their assets to generate yield-bearing tokens or issue assets borrowed from other protocols without the impediments of high network fees or risks of centralized systems. Then, they can activate their idle assets by lending and borrowing in an over-collateralized, permissionless manner. Avalanche’s compatibility with the Ethereum network, which will be expanded with the launch of Avalanche Bridge, offers minimal friction for user mobility from Ethereum to Avalanche. This mechanism helps break down barriers to entry for new DeFi projects and increase the flow of capital across the entire sector. As such, BENQI envisions Avalanche to be one of the premier settlement layers for DeFi users and developers. However, apart from its existing Ethereum to Avalanche bridge, it also plans to build bridges to other blockchains. Listing on Avalanche is the latest milestone for Benqi, which recently raised a total of $6 million in a strategic funding round. Participants included a clutch of reputable venture capital and DeFi investors, including Arrington XRP Capital, Dragonfly Capital, Ascensive Assets, Mechanism Capital, TRGC, Woodstock Fund, and Spartan Group. "Decentralized finance (DeFi) is primed to take off on Avalanche with the arrival of another cornerstone DeFi functionality. BENQI is joining a rapidly growing ecosystem of DeFi users, assets, and applications on Avalanche, and we expect users and developers to leverage BENQI to expand the utility of their assets,” said JD Gagnon, Co-Founder of BENQI. This campaign will enable BENQI to gain broader recognition within the Avalanche’s strong community across the globe. Placing the BENQI project in front of thousands of DeFi users encourages them to provide the order book depth and contribute to the BENQI ecosystem while earning rewards to supplement their yields. “BENQI is launching at a key moment for Avalanche users and the broader DeFi ecosystem. Its technology adds a missing piece to the puzzle, and will make Avalanche even more attractive to users being priced out of other networks. This is an exciting step in a broader community initiative to bring more assets and liquidity onto the platform,” added John Wu, President of Ava Labs, a team supporting development on Avalanche. Avalanche has experienced tremendous growth over the last year as the Total Value Locked (TVL) on the network pooled $233 million worth of assets across all DeFi protocols. The open-source network offers in excess of Visa’s level throughput (4500 tps per subnet), sub second finality and low gas fees. This allows to scale the number of validators to millions, all participating in consensus at the same time, as well as offering a highly customisable interoperable heterogeneous platform. 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 RG Coin

The live price of RG Coin (RGC) today is ? USD, and with the current circulating supply of RG Coin at ? RGC, its market capitalization stands at ? USD. In the last 24 hours RGC price has moved ? USD or 0.00% while ? USD worth of RGC has been traded on various exchanges. The current valuation of RGC puts it at #0 in cryptocurrency rankings based on market capitalization.

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RG Coin Price? USD
Market Rank#0
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Circulating Supply? RGC
Max Supply300,000,000 RGC
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