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Search results for "FOLKS"
09:32

Algorand Blockchain integration into Wormhole native Token transfer standard

Gate News bot message, the Algorand Foundation officially announced that the Wormhole native Token transfer (NTT) standard will be integrated into the Algorand Blockchain network. This integration project is completed in collaboration between Algorand and the lending and liquid staking protocol Folks Finance on the Algorand platform. It is reported that the NTT standard of Wormhole currently...
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ALGO3.98%
W3.39%
00:25

Polygon provides a $300,000 grant to Folks Finance to promote cross-chain lending on the PoS network.

Odaily News Polygon provides a $300,000 grant to the decentralized lending protocol Folks Finance to support its deployment of cross-chain lending solutions on the Polygon PoS network, aiming to integrate liquidity and simplify the multi-chain lending experience. According to the official introduction, Folks Finance adopts an innovative "hub-and-spoke" architecture, allowing users to collateralize assets on one chain and seamlessly borrow on another chain. This solution operates through three cross-chain communication protocols: Circle CCTP, Chainlink CCIP, and Wormhole, avoiding asset security and operational complexity issues associated with traditional bridging. This funding will be distributed in three installments, with the first installment of 100,000 USD equivalent in MATIC tokens already issued. Pol
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14:43
Speaking in court, SBF lawyer Mukasey said that SBF never wanted to be the king of crypto, he just wanted to have the greatest positive impact on the world, not to do anything to achieve the goal. SBF is committed to doing good...... He's been coaching the folks at MDC and he knows what it's like to feel unlikable.
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00:51
On November 21, Kevin Scott, Microsoft's chief technology officer, posted on X that existing employees of OpenAI can join Microsoft if needed. "To our OpenAI folks, we've seen the petitions and thank you for expressing your desire to join Sam Altman in Microsoft's new AI Research Lab," he said. If needed, you have a commensurate position at Microsoft that matches the pay of our shared mission."
21:17
Jinse Finance reported that Carlos Domingo, founder of the blockchain company Securitize, said in an interview that we have this set of licenses and basic technology that can carry out the tokenization process from start to finish. He admitted that tokenization "starts with a regulated premise". The SEC isn’t going to blaze a trail for crypto folks on a completely different path than other companies. While Domingo said Congress could eventually pass the new legislation, he said it was unlikely to happen in the next two to three years. Despite concerns that cryptocurrency companies may start to move some activities offshore, he doesn't think too many companies will leave the country directly. Securitize was founded in 2017 and has raised over $120 million. The company obtained a registered transfer agent license in July 2019 and has a broker-dealer.
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