Latest News Binance launching a hackathon in India: Read the latest news By AtoZcrypto Posted on August 25, 2020 2 min read 0 7 94 Binance, a global cryptocurrency exchange, is planning to host a DeFi-focused hackathon to promote the concept of DeFi and its adoption in the country. Also, to encourage people to think of DeFi-based innovations. This hackathon, named Dubbed for Bharat will be followed by an acceleration program. The company first announced the news in its blog on 24th August. Teams have to submit application forms before 11th September. From there, 100 teams will be selected for the next round. The main focus will be on mini-tokens, micro-financing applications, datasets, blockchain-AI solutions, etc. People can also submit projects that will focus on fiat-to-digital solutions, trading tools, payment and remittance platforms, digital wallets, and cryptocurrencies, like Stablecoin. Binance knows that currently, the marketplace for DeFi is low, but it has growth potential. The company is positive about the success of this hackathon. After selection, these teams have to go through a trial stage, which will happen until 20th September. Then some teams will move the third and final round, where they will be mentored and projects will be assessed. In the end, five winners will be awarded $40,500 (3,000,000 INR) and they will have access to Binance’s Blockchain community, and they will get support for it.
SEC Presses Charges Against Justin Sun & His Companies On March 22, The Securities and Exchange Commission (SEC) pressed charges against the cryptocurrency …
Vitalik Buterin Drops Altcoins with No Moral Value The Ethereum co-founder Vitalik Buterin has decided to liquidate his altcoin holdings because it …
CFTC Does Not Agree With SEC On Ether As A Security Option SEC chairman Gary Gensler has declared that Ether is security, especially after switching to …
Coinbase Cuts Ties With Silvergate: Latest Cryptocurrency News Silvergate has been facing lawsuits and investigations for a while. Now, the bank is …