UAE signs deal to develop carbon credit system on Venom Foundation blockchain
    08 Aug 2023
    1,029 Views

    The UAE recently announced that it intends to reduce carbon emissions by 40% by 2030, a marked increase over its previous pledge. The United Arab Emirates Ministry of Climate Change and Environment (MCCE) is developing a carbon credit system in a preliminary partnership with the Industrial Innovation Group and the Venom Foundation. Blockchain technology is utilized…

    Decentralized asset management system launches for Arbitrum, Optimism
    08 Aug 2023
    491 Views

    Valio has launched publicly, allowing investors to back money managers through a decentralized process. Decentralized asset management platform Valio has launched publicly, according to an announcement from the platform’s team. The new protocol allows users to have their funds managed by professional traders but without having to trust these traders as custodians. The app’s launch…

    PayPal USD: Boon for Ethereum but not decentralization, says community
    08 Aug 2023
    2,757 Views

    Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed central bank digital currency. PayPal’s new Ethereum-based stablecoin, PYUSD, has been seen as bittersweet news for the crypto community. While it could finally see Ethereum find its place in mainstream adoption, it…