The Tron Foundation has established a $300 million fund to invest in and incubate GameFi projects

The Tron Foundation has put $300 million into the Tron Arcade fund to encourage the creation of GameFi games that allow users to earn cryptocurrency while playing. The fund, which was established in collaboration with APENFT and WINKLINK, will help to develop and implement these projects over the next three years. However, this step will…

Report: Nigeria’s Digital Currency to Be Designated ‘Critical National Infrastructure’

According to a report, the Central Bank of Nigeria (CBN) is planning to have its proposed digital currency designated “critical national infrastructure” in order to protect it from operational and cyber-security risks. In addition, the CBN will also apply regulatory and compliance mechanisms to prevent what it calls “disruptive competition for electronic money.” Cost Versus…

BENQI and Avalanche Launch $3M Liquidity Mining Initiative to Accelerate DeFi Growth

PRESS RELEASE. BENQI, an algorithmic liquidity market protocol, and the Avalanche Foundation are collaborating on a joint liquidity mining program to celebrate the launch of the BENQI protocol on the 19th of August and the next phase of growth within Avalanche’s DeFi ecosystem. $3MM of AVAX will be allocated as liquidity incentives for BENQI users,…