Blockchain interoperability platform Blocknet lists token on Avalanche-powered Pangolin DEX

CryptoNinjas » Blockchain interoperability platform Blocknet lists token on Avalanche-powered Pangolin DEX
Blocknet, a layer-2 blockchain interoperability protocol that enables communication, interaction & exchange between different blockchains, today announced that its native Blocknet token is now listed on the Pangolin DEX in advance of the release of Blocknet’s decentralized Avalanche indexer.
The listing puts $aaBLOCK, a means of payment for indexed chain data on Avalanche’s C-chain; and serves to introduce the Avalanche community to the Blocknet.
Avalanche + Blocknet With the initial release of Blocknet’s decentralized indexer of Avalanche’s blockchain coming this month and planned migration to its own subnet in due course, mutual interest between the two projects’ communities has emerged.
However, BLOCK and AVAX have not been accessible on the same venues; preventing easy exploration of their respective ecosystems.
But now, $aaBLOCK is accessible on Avalanche’s most liquid DEX, Pangolin; giving Avalanche users a natural place to acquire BLOCK and explore its interchain technologies like Block DX and XRouter.
Market Availability To foster a healthy market, liquidity originating from Blocknet’s superblock self-funding system will be added to the Pangolin liquidity pool.
In addition, Blocknet expects that holders of BLOCK and AVAX will be added to the pool to reach a planned minimum of $100K liquidity in the pool; ensuring good market availability and tight spreads.
Furthermore, a proposal will be submitted to Pangolin’s decentralized governance system to reward $aaBLOCK liquidity farmers with $PNG, Pangolin’s governance token.
What is $aaBLOCK? $aaBLOCK = wrapped Blocknet tokens ($BLOCK) bridged to Avalanche by Anyswap and available as a native token on the Avalanche C-chain. $aaBLOCK is destined for use with the Blocknet’s incipient decentralized indexer; which will make Avalanche’s chain data available over Graph QL API, enabling developers to orchest..

B-Stock’s Reseller Community Spotlight: Meet Tom & Oksana Hill!

Tom & Oksana Hill, owners of Midtown Bargains, know a thing or two about running a business. Between the two of them, they run a home staging business, two Airbnb rentals (plus RV rentals on Outdoorsy), and resell! Not to mention Tom is a licensed insurance agent and Oksana works for the state, all while running the online site for their resale business. They even find time to watch a few TikToks here and there.
The Hills’ reselling business, Midtown Bargains, was operating out of their home at first, but quickly grew into a 4,500 sqft warehouse and within five months, jumped to an 11,000 sqft warehouse operation. However, as with most businesses, even their success was challenged by the COVID-19 pandemic.
Shifting from a more local-based home decor and furniture pickup operation out of West Sacramento to online was no easy feat. And, brought its own set of challenges. As Tom said, “We shifted the way we did business and it cost a lot of work. We’re just smoothing that out now. Things were a lot easier, let me just put it that way.”
We chatted with Tom to hear more about their resale business, Midtown Bargains. In this edition of our Reseller Community Spotlight: Meet Tom & Oksana Hill!
The Beginnings of Midtown Bargains Q: When did you start? In 2016, we moved to Midtown and my wife had already been buying some stuff from a wholesale reseller. They kinda do what we do now but on a much larger scale. She was buying small items and reselling them on Facebook and Craigslist. But I got tired of people coming to my house, to be honest. Plus, when we got a lot of stuff our house looked like an episode of Hoarders.
In 2017 we ended up renting a 4,500 sqft warehouse and within five months we jumped into an 11,000 sqft warehouse. Same building, just a bigger unit because things were going a lot better than we had planned. It took a month and was right in the middle of summer. I will never move in the middle of summer again!
Photo of plaque on the outside of Tom & Oksa..

TrustSwap hosting six token offerings in 32 days; raises $2.4M for Sekuritance

CryptoNinjas » TrustSwap hosting six token offerings in 32 days; raises $2.4M for Sekuritance
TrustSwap, a full-service crypto-asset ecosystem, recently leveraged its Launchpad service to aid Sekuritance, a compliance & anti-fraud solution for digital assets, in raising its hard cap of $2.4 million in a token offering which was oversubscribed up to $11.25 million.
Further, Sekuritance will work with TrustSwap to ensure its community can transact securely, without fear of participants or team members negatively impacting the markets following the offering. A Uniswap pool will be created on May 13th, 2021 and trading can start for use of SKRT in the Sekuritance network.
“The Sekuritance KYC technology has proven to be a strong technical integration for TrustSwap, and we’re looking forward to continuing to support their project each step of the way. This project shows just how capable our Launchpad platform can be. By choosing to work with only the most promising and exciting projects in the space, we’re strengthening the TrustSwap ecosystem.”
– Jeff Kirdeikis, CEO of TrustSwap
Sekuritance is one of six Launchpad projects TrustSwap will be executing in just over one month.
Recent and upcoming TrustSwap Launchpad projects include: dFund – April 30th dFund, a decentralized hedge fund and lending platform built on Polkadot announced a collaboration with TrustSwap for their $DFND token offering. Tokenplace – May 13th Tokenplace provides a holistic dashboard view for depositing, trading, exchanging, and withdrawing crypto, creating the ultimate user-friendly crypto trading platform. YIELDLY – May 21st YIELDLY is the very first IDO project to occur on the Algorand blockchain, offering three DeFi services: (1) No-Loss Prize Games (2) Multi-Asset Staking, and (3) Cross-Chain Swapping. Carbon – May 26th Carbon is a digital wallet that integrates financial services into Web 3.0, DeFi, NFTs, and the Metaverse and allows for holding and trading of NFTs in the form of art, aim..

A Quick Guide To Overstock Inventory: What You Should Know

Everyone loves wandering down aisles and aisles of their favorite stores. Or perhaps the ease and comfort of online shopping. So many sizes, colors, and products to choose from! But have you ever wondered what happens to inventory that doesn’t sell in stores or online? Well, it’s commonly known as overstock inventory and it’s actually a big opportunity for resellers.
Overstock inventory is inventory that was not able to sell within an efficient amount of time at the retail locations. These items have never been purchased by a customer, and therefore, are not returns and should not be defective. However, this can be a headache for retailers. Just think, when the supply exceeds demand, what happens? Companies are faced with a loss. Whether this was the result of over-delivery or poor management of stock, it’s usually inevitable.
But the good news is products are then resold to a secondary market. This is where opportunity blossoms! We will go over where this inventory ends up, who can make use of it, and how B-Stock helps buyers get access to overstock inventory.
Where Does Overstock End Up? Categories like apparel, home & garden, furniture, electronics, health & beauty, toys & baby, and more can all be considered overstock. Inventory could be excess stock from shelves and/or warehouses or unused and recently discontinued. Retailers then offload this excess stock by liquidating it. Otherwise, it would collect dust in a warehouse space or end up in landfills.
We go into how B-Stock helps facilitate online auctions for major retailers’ overstock inventory in a bit.
Who Is Overstock Good For? Overstock inventory is great for businesses looking to bulk buy inventory for their brick-and-mortar locations or online reselling businesses. Mom and pop shop owners, flea market vendors, and wholesalers can also benefit from this inventory. Products classified as overstock should come in cartons that are factory sealed. Which is essentially brand new merchandise. Not only tha..

OKEx backs DFINITY’s ‘Internet Computer’ ecosystem with $10M and ICP listing

CryptoNinjas » OKEx backs DFINITY’s ‘Internet Computer’ ecosystem with $10M and ICP listing
OKEx, a popular cryptocurrency spot and derivatives exchange, has listed the utility token of DFINITY’s ‘Internet Computer’ platform, ICP. Operated by a completely open governance system, the Internet Computer — a blockchain network under development — held a launch event last week.
Further, OKEx also announced that its recently-established Blockdream Ventures fund will be collaborating with the Internet Computer ecosystem to provide $10 million in special funding and resources to support high-quality projects built within the network.
‘Internet Computer’ Launch DFINITY’s Internet Computer project has a singular purpose; to expand the capabilities of the public blockchain and the decentralized ecosystem using advanced computer science and cryptography.
The Internet Computer is the product of a multi-year R&D effort. It’s all orchestrated by the DFINITY Foundation’s research and development centers in Zurich, Palo Alto, San Francisco, and Tokyo; including additional remote teams in places such as Germany and the UK.
OKEx CEO, Jay Hao said:
“We are pleased to support the launch of the Internet Computer as a day 1 partner. We hope that this will be the first big step in allowing entrepreneurs, developers or enterprises to host secure software systems built on top of computer science; and really just backing the long-term evolution of the internet.”
With an initial capital of $100 million; OKEx Blockdream Ventures is a fund focused on supporting high-quality projects with great potential. Founder & Chief Scientist of the DFINITY Foundation, Dominic Williams stated:
“The Internet Computer represents the third major innovation in blockchain after Bitcoin and Ethereum. It supports smart contract software that can run at web speed and serve web to users for the first-time and a network that can scale its compute capacity with user demand; greatly increasing the potential applic..

Layer-2 Ethereum solution Aurora goes live on NEAR Protocol

CryptoNinjas » Layer-2 Ethereum solution Aurora goes live on NEAR Protocol
Aurora, an Ethereum-based layer-2 solution that provides developers and users the experience of Ethereum on top of NEAR Protocol, a scalable blockchain-based developer platform, has officially launched. Aurora combines two pieces of technology to create a seamless experience: a full-featured Ethereum Virtual Machine (EVM) and a powerful cross-chain bridge.
Ethereum transaction fees have reached record highs due to increasing network activity… To bypass these growing costs, Aurora caps gas fees to ensure they do not infinitely increase, maintaining an average transaction cost of a few cents. Aurora manages to lower costs while radically speeding up transactions, which achieve finality within two seconds.
The Aurora solution lets developers deploy existing Solidity and Vyper contracts with no changes, while users can seamlessly access these applications using MetaMask and other Ethereum wallets. At the same time, ERC-20 tokens and contract data will be transferable from Ethereum to Aurora through the trustless Aurora bridge (based on the Rainbow Bridge).
“With Aurora, Ethereum users can work with familiar applications while benefiting from the efficiency of NEAR, removing a steep financial barrier to entry for users and developers. Our goal is to create an interoperable future where the gaps between blockchains, developers and users are bridged. Aurora does just that by allowing for a seamless user experience and allowing for assets to pass uninterrupted between the Ethereum and NEAR blockchains.”
– Illia Polosukhin, Co-Founder of NEAR Protocol
Aurora is fully compatible with Ethereum 1.0; including base fees paid in ETH and operable right out-of-the-box with all existing wallets and other tools. To start using Aurora, check out aurora.dev.
CryptoNinjas » Layer-2 Ethereum solution Aurora goes live on NEAR Protocol

Crypto payment platform COINQVEST granted $500K as winner of Stellar Seed Fund

CryptoNinjas » Crypto payment platform COINQVEST granted $500K as winner of Stellar Seed Fund
COINQVEST, a suite of crypto payment APIs, web-based invoicing, and payment management tools, today announced its selection as the top business in the Stellar Seed Fund, where it was awarded first place by a panel of Stellar Development Foundation members and peers in the Stellar ecosystem.
The final round consisted of eight participants; each being awarded an equity-free grant amount proportionate to the number of votes received. COINQVEST received 835,214 XLM (more than $500K USD at the time of winning). In all, 58 businesses and blockchain projects entered the nine-month-long competition starting back in August 2020. Stellar Seed Fund The Stellar Seed Fund aims to help businesses and services get started on Stellar. It is focused on supporting viable, for-profit businesses building products and utilities for the ecosystem.
Aside from the monetary grant for a fledgling startup such as COINQVEST; the Seed Fund offers innumerable benefits to participants. Importantly, for COINQVEST, winning the smaller Stellar Community Fund almost a year ago allowed them to obtain an EU crypto payment processing license.
“The increased attention we’ve gained also means being able to showcase our strengths and real-world functionality as a digital currency / stable coin payment provider. We truly appreciate having the opportunity to be a part of the Seed Fund. I can’t recommend participation enough to those building on Stellar and wanting to take their projects to the next level.”
– Stefan Schneider, COINQVEST Co-Founder
CryptoNinjas » Crypto payment platform COINQVEST granted $500K as winner of Stellar Seed Fund

Wolfram Blockchain Labs enhances DLT platform with storage networks IPFS and Filecoin

CryptoNinjas » Wolfram Blockchain Labs enhances DLT platform with storage networks IPFS and Filecoin
Wolfram Blockchain Labs (WBL), a provider of distributed ledger technology (DLT) ecosystems with the tools necessary to assist in the development of a wide variety of smart contract-based applications, today announced the integration of WBL’s DLT platform with open-source protocols IPFS and Filecoin.
Bringing IPFS and Filecoin’s decentralized storage network to WBL’s platform adds new functionality that complements existing blockchain support. WBL already hosts nodes from ARK, Bitcoin, bloxberg, Cardano, Ethereum, Tezos, and others in its high-performance cluster; providing direct connections for Wolfram Language integration for desktop (Mathematica) and in the cloud (the Wolfram Cloud).
These blockchains already make use of Protocol Labs’ solutions in their transactions; adding new storage functionality expands the overall availability of decentralized technologies through the Wolfram Language.
“We’re excited to work with Wolfram to bring Filecoin into their product line, offering resilient and decentralized storage to the scientific research community. This integration will ease storage and retrieval of very large datasets, and opens up new opportunities for research collaboration in ways which protect author provenance and ensure long-term availability of data.”
– Molly Mackinlay, IPFS and Filecoin Engineering Lead at Protocol Labs
The Wolfram Language represents a major advance in programming languages that makes leading-edge computation accessible to everyone. The Wolfram Language has built-in capabilities for interacting with blockchains. It can both retrieve detailed information from Bitcoin, Ethereum, and other blockchains and construct and submit transactions to blockchains. Initial App With guidance from the Max Planck Digital Library, Wolfram created an initial app using the Wolfram Language and IPFS integration. The application helps scientists hash ..

Venture platform Cognitive Blockchain invests in cross-chain compute network Cudos

CryptoNinjas » Venture platform Cognitive Blockchain invests in cross-chain compute network Cudos
Cudos, a multi-chain layer-2 solution providing Turing-complete compute and external data to blockchains, today announced that Cognitive Blockchain has made an equity investment in its parent company Cudo, and will be providing expertise to Cudo for the vast Chinese blockchain market.
Cognitive Blockchain consists of a blockchain education platform and community club; as well as a venture capital program. The venture focus of Cognitive Blockchain is on long-term value investments in blockchain technology start-ups and supporting the development of its project ecosystem.
“We’re extremely grateful for the opportunity to strategically partner with Cognitive Blockchain. Their team, led by Managing Partner Jenny Yue, instantly recognized our vision, and demonstrated a deep understanding of both the market opportunity that we’re filling, and the tech stack that we’re building. Unlocking the door to the Chinese market is hugely important to our growth strategy, and Cognitive Blockchain will be instrumental in helping us succeed.”
– Pete Hill, VP of Sales at Cudos
Cudos Network The Cudos network enables anyone to sell or consume excess computational resources; either via blockchain/smart contract or via more traditional cloud computing APIs. The underlying platform has been under development since 2017 and is active with over 150,000 users in over 145 countries; including around 20,000 nodes running various blockchain and compute workloads on the network.
CUDOS token, the native asset of the network is also now available for exchange.
Token Utility:
Staking to become a CUDOS Validator Node (CVN) and get rewards; Delegated staking to support CVNs; MoE powering the CUDOS network; and staking to qualify for receiving general compute jobs, and to obtain fee discounts. To note, all of the network’s front-end software, management software, billing engine, plus other available ..

Blockchain middleware platform Tatum adds support for CELO, cEUR, and cUSD

CryptoNinjas » Blockchain middleware platform Tatum adds support for CELO, cEUR, and cUSD
Tatum, a blockchain middleware platform, announced it has added support for blockchain platform Celo; including both of its stablecoins. Celo is a mobile-first open ecosystem for building blockchain apps.
The Tatum platform now supports operations on the Celo blockchain and in Tatum’s abstraction layer. Thus, developers can utilize Tatum’s unique virtual account functionality to perform actions separate from the blockchain while periodically synchronizing with it. This allows users to build and test entire applications without connecting to the blockchain, with the capability to then go live in an instant.
Celo offers fast speeds with cheap fees and can be used to deploy NFTs with ease using Tatum. Moreover, Celo’s stablecoins cEUR & cUSD can be used for a wide range of cross-border financial apps.
“All functionality is accessible through Tatum’s API; with highly abstracted endpoints that allow you to perform the most useful operations with ease. You don’t need to learn to code for Celo, or for any blockchain for that matter. You can do everything you need with just a few simple API calls and build full integrations with a free plan. Happy coding!”
– The Tatum Team
CryptoNinjas » Blockchain middleware platform Tatum adds support for CELO, cEUR, and cUSD