Schlagwort: crypto business

• At press time, Render Token (RNDR) was trading at $2.66, up 7.73% in the last 24 hours.
• The price of RNDR has increased by 42.49% over the last seven days.
• Render recently released a new Render Network Foundation website.

Render Token has been in the limelight in the past month and mainly in the last two weeks because of the rising RNDR price.

There has been a lot going on around the distributed GPU rendering network built on top of the Ethereum blockchain as it aims to connect more artists and studios in need of GPU computing power with mining partners willing to rent their GPU capabilities out.

Why is the Render Token price surging?

There are several Render Token news responsible for the current RNDR bullish trend.

The most recent announcement was made on May 22  and it was announcing revisions to the C4D plugin for Octane that includes a brand new feature, an ORBX export command tailored exclusively for RNDR Jobs, available through the live viewer. The announcement resulted in a 6% RNDR price surge.

The other crypto news about Render Network was on May 19, when Render launched its new Render Network Foundation website featuring an all-new community hub for The Render Network, including art showcases from some of the amazing creators in the Render Network community.

The new website provides a simple, easy way to find information about the Render Network. Users can access the Artist portal, Knowledge Base, information about participating in Render Network Governance, and links to Render Network’s social sub-communities.

The post Here’s why Render Token (RNDR) price is rising appeared first on CoinJournal.

• Rakkar Digital is a Singapore-based company providing digital asset custodian services to institutional and enterprise clients across Southeast Asia and Hong Kong.
• Rakkar Digital has obtained TSCP License in Hong Kong.
• Rakkar Digital launched custodian services immediately after receiving the license.

Rakkar Digital has announced the launch of Rakkar Digital Asset Custodian, powered by Fireblocks’ MPC-CMP direct custody technology. Fireblocks, Collider and MarketAcross hosted a Web3 startups event at the beginning of the year.

The announcement comes right on the heels of Rakkar Digital obtaining a Trust or Company Service Provider (TCSP) Licence in Hong Kong. The company completed a $10 million seed funding investment in June 2022 by SCB 10X, the venture capital arm of Siam Commercial Bank.

Rakkar Digital Asset Custodian services

Rakkar Digital addresses the vulnerability to cyber threats within the digital asset industry as the industry grows by providing institutional-grade qualified custodian services to its clients.

As a TCSP licensee, Rakkar Digital must comply with Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). This ensures that due diligence requirements are met, and proper safeguards are in place to prevent money laundering or terrorist financing activities.

Commenting on the development, Arthit Sriumporn, founder and CEO of Rakkar Digital, said:

“From day one, we had a strong passion to build reliable infrastructure for the industry. We have come a long way with the launch of our institutional-grade qualified custodian services. We will continue to improve our products and services based on our core values: trust, security and authenticity. These milestones demonstrate our commitment to providing secure and reliable digital asset custodian services to institutional clients in the region.”

The Rakkar Digital Asset Custodian is built on cutting-edge technology and robust security measures with Fireblocks’ ultra-secure MPC-CMP technology, and hardware isolation enabling multi-layer security while maintaining flexibility.

The post Rakkar Digital obtains TSCP License in Hong Kong, launches custodian services appeared first on CoinJournal.

• bemo says DWF Labs will be the first liquidity provider to stake TON.
• TON holders will deposit TON on bemo and receive staked TON (stTON).
• Users can start staking with as low as 1 TON.

bemo, one of the leading decentralised finance (DeFi) platforms and liquid staking provider, has announced the launch of the first ever liquid staking protocol on the The Open Network (TON) blockchain.

The launch follows a partnership between the DeFi platform and DWF Labs, a leading digital assets market maker and top Web3 investment firm.

TON liquid staking- how it works

According to details on the bemo website, TON holders can earn passively from their tokens when they deposit TON on bemo. In return, they receive staked TON (stTON) that can be transferred or traded or put to work in the DeFi ecosystem.

Users can start staking with as low as 1 TON, which is significantly lower compared to the widely required minimum stake of 10,000 TONs on other platforms.

DWF Labs becomes first LP to stake TON

bemo noted that liquid staking services are witnessing rising investor interest as the DeFi ecosystem expands. 

Per details the bemo team shared with CoinJournal, the partnership with DWF Labs demonstrates both the commitment the teams have towards developing the TON ecosystem and the massive investment potential TON offers.

As part of its growth plans, bemo is eyeing more institutional investors and private clients. It aims to reach $100 million in TVL by the end of the year. 

Major rivals in the growing liquid staking environment are Lido (stETH), Coinbase Wrapped Staked Ether (CBETH) and Rocket Pool (rETH). The platforms each account for more than $1 billion worth of staked coins.

DWF Labs becomes the first liquidity provider to stake the Toncoin (TON) tokens on the TON network, the announcement stated.

The post bemo launches first liquid staking protocol on TON blockchain appeared first on CoinJournal.