Top Crypto News: 03/03

At the time of press, Bitcoin is trading at $51,457. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $1,610.

Let’s find out some interesting crypto news for today.

ENJIN Exploded Over One Dollar With Japan’s GMO Exchange Listing

ENJIN announced the listing of ENJ on Japan’s GMO Exchange. Moreover, GMO provides financial services fostered by GMO Internet, which is listed on the Tokyo Stock Exchange. It provides a secure and robust ecosystem for cryptocurrency transactions. Apart from crypto-assets investment, GMO Coin also provides leverage trading options.

Notably, crypto-collectibles and NFTs are exploding nowadays and gaining popularity. Further, Enjin empowers game developers by allowing game items to be tokenized and incorporated into their own games without any knowledge of blockchain. Hence, this news will open new opportunities for the Enjin project to explore more markets. Additionally, this fueled the price of ENJ to over $1. At the time of press, it is trading at $1.12, which is amounted to over a 200% rise in the past 30 days.

PAID Network | DAO Maker Partnership To Fuel IDO Launch on Ignition Launchpad

PAID Network partnered with DAO Maker to fuel the IDO launch on the Ignition launchpad. Moreover, DAO Maker supports projects to obtain a community and then uses the project’s token in adding value to those communities. As per the tweet, DAO Maker will boost the PAID ecosystem by identifying and incentivizing the best behavioral fits of Ignition participants. Furthermore, Shadows, the first project launched on Ignition, aims to be a decentralized financial hub that facilitates trading, issuing, lending, and borrowing synthetic assets.

Amazon Web Services (AWS) Announced Availability of Ethereum on Amazon Managed Blockchain

Amazon Web Services (AWS) announced the general availability of Ethereum on Amazon Managed Blockchain. As per the official blog, AWS users will get the facility to provision Ethereum nodes in few minutes and connect to the public Ethereum main network, as well as test networks such as Rinkeby and Ropsten. Moreover, Amazon Managed Blockchain provides secure networking via Ethereum’s open-source APIs to the customer. Besides this, Amazon Managed Blockchain provides services such as nodes management, automation of Ethereum software upgrades, and more. Additionally, this will also empower developers to build smart contracts and monitoring tools through its scalable and fully managed Ethereum service.

MANTRA DAO | Polygon Boosting On-Chain Transactions With Multi-Chain Expansion

MANTRA DAO announced its support of Polygon for multi-chain expansion. Moreover, Polygon is an easy-to-use platform for Ethereum scaling and infrastructure development that connects secured chains. This expansion will boost the Polygon version of dApps that will feature payments of MATIC tokens while processing on-chain transactions. In addition, MANTRA DAO will utilize the Polygon SDK to create complex and scalable dApps to enhance their product offerings.

Power Ledger | Tata Power-DDL | India SmartGridF Coalition Launches Solar Energy Trading Project in Delhi

Power Ledger partnered with Tata Power-DDL and India SmartGridF to launch the first live solar energy trading project in Delhi. According to the official blog, Power Ledger will facilitate peer-to-peer (P2P) trading of solar power, which is a pilot project currently testing in India’s capital city, Delhi. In addition, TPDDL’s 150 sites and their customers will use this platform to sell excess energy to other commercial and residential sites. This whole transaction process will occur on Power Ledger’s blockchain which takes near-time settlement with complete transparency. Additionally, this P2P trading trial will continue till June 2021, which will go through different trading algorithms.

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