Top Crypto News: 02/28 – Cryptocurrency News
At the time of publication, Bitcoin is trading at $45,036. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $1,390.
Let’s find out some interesting crypto news for today.
SuperFarm partnered with NFT powerhouse Animoca Brands to launch drops and farms. Moreover, Animoca Brands is investing and transforming the non-fungible tokens (NFTs) and digital collectible space. Their investments include NBA Topshot and other top brands including Disney, Marvel, and many more. As per the tweet, Animoca will attract mainstream audiences through its exclusive NFT farms and drops, which will launch by using SuperFarm’s protocol. In addition, the Animoca team also has plans to launch its latest project, LYMPO, to SuperFarm. This innovative token will empower the tokenizing and trading of sports icons.
Mogul partnered with Polygon to improve the Mogul user’s experience and transform film financing. Moreover, Mogul Productions is a decentralized film financing (DeFiFi) platform that uses blockchain technology to unite creators, movie fans, and film financiers. Besides this, it will use the utility token (STARS) to reward users for participation and engagement in key decisions relating to production. As per the tweet, Mogul’s platform users now enjoy an easy-to-use interface that has fast and secure transaction speed with low gas fees. Additionally, this will help Mogul to bring DeFi to the film industry, while Mogul will operate as a validator and support the Polygon network as well as help in verifying transactions.
PARSIQ announces its integration with the Solana blockchain to bring Smart Triggers to even more of the crypto world. As per the tweet, this integration connects on-chain events to off-chain actions which provide developers the possibility to automate workflows. Further, it will also create different ways to interact with real-world applications in a cost-effective manner. Besides this, Solana network users can enjoy all the benefits from the PARSIQ ecosystem, including using their own programmable data storage. Additionally, the team has created a gateway setup that ensures real-time speed to notify users about real-time events in the network.
Last on our crypto news list is Ergo, which announced the launch of a community deployed stablecoin named SigmaUSD. As per the official blog, the Ergo Foundation, EMURGO, and IOG created this crypto-backed stablecoin protocol on top of the Ergo Blockchain. Moreover, Sigma is the core of this protocol which empowers Ergo’s cryptography and smart contracts. Hence, after a community-wide vote, it was decided to name this stablecoin as SigmaUSD and SigmaRSV for the…