Cover Protocol, a decentralized finance insurance project, announced it would close after the departure of its core development team. Ruler, a related lending service, is also shutting down. Against the background of the announcement, the COVER token rate fell by 16%. If earlier the token was traded at $ 269, now its rate is $ 221. At the same time, trading volumes increased several times. The RULER token collapsed by 87% at once. One of

Global Investment Fund Franklin Templeton is recruiting employees to organize trading in bitcoin and ether and products based on them. According to the vacancies posted by Franklin Templeton, the asset management company plans to start working with cryptocurrencies. At least two vacancies posted this week are related to cryptocurrencies: trader and market researcher. The new hires will join the investment team in Franklin Templeton’s digital asset management team. “We are looking for a cryptocurrency trader

FC Inter Milan and Zytara Labs, with the support of the DigitalBits Foundation, signed a partnership agreement worth € 85 million, under which XDB will become the football club’s “official cryptocurrency”. DigitalBits (XDB) will become the “official cryptocurrency” and Zytara will become the “official digital banking partner” for FC Inter. The Inter mobile application, which will allow users to subscribe to Zytara banking services and access cryptocurrency products, is available for download on the App

Analyst firm Crystal Blockchain has unveiled a free version of its transaction chain analysis tool to trace the origins of cryptoassets. According to a statement on the Crystal Blockchain website, Crystal Block Explorer is the market’s first retail version of the professional blockchain analytics tool. Compared to the flagship paid product Crystal Expert, the retail version of the tool is limited. The free blockchain analytics product can be useful for ordinary cryptocurrency users, researchers and

Users of the confidential Brave browser will be able to receive the earned BAT tokens directly to wallets on the Gemini cryptocurrency exchange. According to a statement from the developers of the Brave browser, the Gemini exchange user wallet has been integrated into the Brave Rewards program, which gives users the opportunity to receive the BAT they have earned directly into their account on the exchange. Brave users earn BAT tokens for every ad viewed

Global asset management company Zventus initiated the creation of the “Blockchain Mortgage Lab” to develop new mortgage financial products and services. Zventus, a California-based company whose products and services span a wide range of activities, including business consulting, HR strategy, and technical support, have begun building the Mortgage Blockchain Lab. As part of the project, the company and its partners will develop new mortgage financial products and services. Deployed on Ethereum, Hyperledger and Corda platforms,

Chinese banks Bank of Communications (Bocom) and China Construction Bank (CCB) have begun exploring the possibility of using the digital currency of the People’s Bank of China (PBOC) in insurance and investment. According to local media reports, leading state-owned banks have launched a pilot program in which they will explore options for using the state digital currency to buy insurance products and invest in investment funds. Bocom and CCB believe this will move the digital

The Central Bank of Nigeria (CBN) has provided preliminary guidance on issuing government digital currency and options for its use. Cointelegraph reported that it gained access to a confidential document sent by the Central Bank of Nigeria to local commercial banks. According to this document, eNaira will be used alongside the country’s fiat currency and pegged to it at a 1: 1 ratio. The Bank of Nigeria will deal with digital naira issuance and distribution

Mining company The9 plans to enter the NFT market in the 4th quarter of this year with the launch of a platform for trading non-fungible tokens NFTSTAR. According to a statement on The9’s website, the Shanghai-based mining firm plans to expand its business and join the rapidly growing NFT industry. In Q4 2021, the company will launch a market for trading non-fungible NFTSTAR tokens. The platform will feature the works of world celebrities in the

Next week, a “converter” for ERC-20 tokens, a tool for migrating tokens to the Cardano network, will be launched on the Cardano test blockchain. During the latest Cardano 360 event, IOHK project manager Francisco Landino announced that the ERC-20 token converter will be rolling out to the testnet next week. The ERC-20 two-way token migration tool was first introduced in May and aims to enable users to migrate Ethereum-based tokens to and from Cardano. The