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Twitter Founder Jack Dorsey Makes New Pledge to Support Bitcoin

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The Jack Dorsey Commitment   As the blockchain startup revealed, the total funding commitment pledged by Jack Dorsey is pegged at a total of $5,000,000. As agreed, the funding will be split over 5 years with $1 million disbursed per year. advertisement Honored to receive a very generous $5,000,000 pledge to our developer funding efforts from @jack and #startsmall Brink will receive $1,000,000 per year for the next 5 years. Thank you for supporting #bitcoin developers! Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks ...

Blur NFT lending protocol gets mixed reactions from the community

Jesse Hynes, a Web3 lawyer, tagged the SEC and stated that this is the type of activity that they must safeguard investors from. Nonfungible token (NFT) marketplace Blur has recently launched its collateralized lending protocol called Blend, allowing a buy now, pay later approach in purchasing NFTs.  Members of the community had varying reactions. Some believe that it’s massive for the space while others called on the United States Securities and Exchange Commission (SEC) to protect users against such products. On May 1, Blur launched a peer-to-peer perpetual lending protocol called Blend, a platform they developed with the help of the venture capital firm Paradigm. The protocol supports NFT collateral, and the team claims that it would collect zero fees from both lenders and borrowers. A community member praised Blur's new move and believes that it's "massive for the space" and makes things more efficient. They tweeted: Massive for the space - great move by @blur_io...

XRP, XLM, CFX, XDC and MASK rank among the top 5 altcoin gainers in March

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Most altcoins posted a below-par performance in March, but XRP, XLM, CFX, XDC and MASK defied the trend by posting double-digit gains. Bitcoin’s dominance over the crypto market, which represents its share of market capitalization relative to the total cryptocurrency market capitalization, rose steeply from around 44% to highs of 48% in March.  While Bitcoin’s price increased by 22.7% during the month, most altcoins yielded subpar or negative returns. However, there were some outliers which showed a second month of positive momentum. Take for example, XRP, which saw steady positive momentum as investors expect a positive outcome in its U.S. court case against the SEC. Tokens with highest 30-day returns in the top 100 by market capitalization. Source: CoinMarketCap Conflux Network Conflux Network continued its positive run from February, nearly doubling its price in March. The project’s team continued to strengthen its partnerships in China by adding XCMD, the world’s third-largest con...