Genesis Bank, a California-chartered de novo bank, has launched in the US to provide services for commercial clients. Genesis Bank received its licence earlier this year, and launched in August The bank says it is focused on servicing small and medium-sized enterprises (SMEs), the owners of SMEs, and owners and investors of income-producing properties. Headquartered in Newport Beach, Genesis aims to serve primarily the Orange and Los Angeles counties of California, as well as the Riverside and San Bernardino counties. Stephen Gordon, founding chairman and chief executive at the bank,
Binance and APENFT are cohosting the "ApeAvatar" charity mystery box event on September 6. Centered around charity, the 60-day event incorporates NFT celebrity avatars and mystery boxes of designer toys to unleash greater potential for the NFT ecosystem. This marks another collaboration between the two after the "Genesis" NFT auction in June. It is understood that the "ApeAvatar" event comprises two major sections - charity avatar claiming and the sale of select mystery boxes. APENFT will create well-designed cyberpunk-style NFT avatars of 50 global influential people including Justin Sun (founder
A guide to the MXC project, its background, the Internet of Things (IoT) problem, the platform’s advantages, it’s exchange and economy, the utility token, as well as the partnership with Polkadot. Not long ago, the only users of the interconnected web were overwhelmingly humans. The machines barely communicated with each other autonomously, without human intervention. There was virtually no need to anyway. As the times have changed, the world has witnessed the birth of smart sensors, systems, and devices. To function effectively, they need to connect and share data with
There are many projects borne by decentralized finance (DeFi) innovation. But while most of them have been successful, a community backing the platform is still a lingering question for many. YF Link is a project that aims to build a new protocol that answers this exact concern. Developing a platform that bridges two of the biggest DeFi protocols right now, Chainlink and Yearn.Finance is YF Link’s main purpose. Table of Contents Background YF Link is a fork of Yearn.Finance (YFI). It was designed to handle LINK tokens as opposed to
Two-sided marketplaces are more than a smart business model. These platforms can democratize access and promote widespread economic inclusion in previously inaccessible markets. They have worked wonders in myriad verticals already — e.g., stock exchanges — and the world of digital asset liquidity may now be fertile ground for this business model.Successful new platforms bring together buyers and sellers who would otherwise be unable to connect, creating entirely new value streams for sellers who capture more revenue. Meanwhile, buyers gain access to new capabilities, creating a win-win for everyone involved.
Since the start of the month, Bitcoin along with many of the market’s altcoins, has seen its fortunes take a turn for the worse. While Bitcoin continued to stay above the key $11k-mark, altcoins such as Polkadot lost close to 5 percent of its trading value yesterday. The drop, however, was not uniform across the altcoin market, with the likes of Tron continuing to surge on the price charts.Tron [TRX]Source: TRX/USD, TradingViewTron’s price action since the start of September has looked very promising. While the cryptocurrency was limited to a