A trading platform has vowed to make crypto fun again by enabling users to unlock achievements linked to buying, selling and holding assets. EXMO says its new feature is designed to reward the exchange’s most active customers, increase loyalty, and find a new generation of brand ambassadors. Gamification has become an increasingly important development in the worlds of business and marketing — and research suggests that they can have a considerable effect on things like employee morale and customer sign up rates. How it works EXMO is launching a total of 50 achievements that are going to be up for …

Decentralized lending protocol Cream Finance is backing another major effort to improve the security of decentralized finance. On Tuesday, Cream Finance announced a new security campaign in collaboration with several DeFi platforms like Immunefi, Armor and DeFiSafety to bring stronger security to its protocol and the wider DeFi ecosystem. As part of the campaign, Cream Finance is launching a $1.5 million bug bounty program with blockchain bounty platform Immunefi to strengthen Cream’s protocol, API and website security. The new bug bounty will focus on Cream Finance’s smart contracts and the prevention of potential exploits against user funds, assets and data …

Make Sense Labs, a decentralized application firm backed by venture capitalist Tim Draper, now allows users of its social messaging app to earn rewards in crypto. According to an announcement from Make Sense, the technology company launched the crypto rewards feature on Monday on its Sense Chat app first developed in 2018. The app reportedly allows users to earn the company’s native SENSE tokens by interacting with others online, subscribing to different channels, inviting new users and creating message threads. Crystal Rose Pierce, CEO of Make Sense and wife of controversial crypto figure Brock Pierce, said the project was created …

Cinedigm, a major American content distribution company, is applying blockchain technology to one of its streaming channels. The company has partnered with decentralized video delivery network Theta Labs to integrate Theta's peer-to-peer streaming technology and cryptocurrency rewards into its CONtv Anime channel airing a wide range of anime series and movies. CONtv Anime will feature micropayments in Theta Fuel (TFUEL), one of the two native tokens on the Theta blockchain. The token will be used as a reward for sharing video content by utilizing excess bandwidth and computing resources as well as watching the channel’s content. According to the announcement, …

Cashback rewards for purchases have long been a popular tactic used by banks and credit card companies to entice consumers to use their services. Several cryptocurrency companies like BlockFi and Coinbase have revealed future plans to offer cryptocurrency-backed debit and credit cards that offer cashback rewards in Bitcoin and StormX (STMX) has joined the crowd. StormX (STMX) is a gamified marketplace that allows users to earn STMX as well as other cryptocurrencies for shopping at one of its online network partner stores or by completing micro-tasks through its app. Data from Cointelegraph Markets and TradingView shows that the price of …

Bitcoin rewards app, Lolli, has announced the close of its pre-series A fundraising round after raising $5 million. The round saw investment from a diverse array of participants, including Seven Seven Six — the venture capital firm co-founded by Reddit executive chairman Alexis Ohanian — Serena Williams’ Serena Ventures, management company Night Media, and various social media influencers. The funds will be allocated towards developing Lolli’s mobile application, scaling to support a growing user base, and international expansion. Launched in 2018, Lolli has teamed up with more than 1,000 merchants including Priceline and Macy’s to provide their customers with the …

Crypto users no longer have to set up a complicated mining farm in their cars to earn tokens while on the road — in a bit of linguistic irony, Fiat has provided a solution. According to an announcement from the Italian car manufacturer on Tuesday, Fiat’s parent company Stellantis has partnered with Kiri Technologies to reward drivers in cryptocurrency. People who use the latest model of Fiat’s 500 electric vehicle will now receive 1 KiriCoin — worth two euro cents, or roughly $0.024 at the time of publication — for each kilometer driven. Fiat users who drive more efficiently based …

A fully regulated brokerage with more than 100,000 users globally has introduced a novel way of welcoming new customers to its platform. Quantfury says users who invite their friends to join the platform will receive stock or cryptocurrency as a reward — with a value of anywhere between $10 and $250 — and their friends will receive the same. According to the company, this could deliver some interesting opportunities that a user may not have contemplated before… such as owning Facebook or Google stock, or gaining exposure to Bitcoin or Ethereum. In a move to stand head and shoulders above …

Gemini cryptocurrency exchange has launched an interest-earning program for customers in the United States. Dubbed Gemini Earn, the program lets customers earn up to 7.4% annual interest on all cryptocurrencies supported by Gemini, the firm announced Tuesday. The platform supports 26 cryptos like Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Zcash (ZEC) and others. The program is immediately available for select Gemini customers, while a full-scale rollout is scheduled for early February. Gemini chief operating officer Noah Perlman told Cointelegraph that interest rates for each cryptocurrency are based on supply and demand in the market for borrowing that …

A platform says it is bringing a brand-new type of asset class to the DeFi sector: cryptobonds. Sync Network says cryptobonds are a new type of nonfungible token that is fully tradable — encouraging decentralized liquidity pools to be strengthened. Despite their name, they do not share anything common with traditional finance bonds, meaning that there is no debt obligation to the person who holds them. Instead, these instruments deliver proof of a long-term position in liquidity pools — and it’s hoped that this asset will make the core of DeFi more resilient as a result. Cryptobonds are established by …

COTI, a blockchain-powered fintech startup, has launched a new cryptocurrency index enabling traders to profit from the market volatility. The new Crypto Volatility Index, or CVI, brings the traditional “market fear index” to the crypto market, allowing users to deposit and open positions with Tether (UDST). Gibraltar-based COTI explained that the new index allows traders to open CVI positions for high and low volatility. “Users who expect volatility to increase can open a CVI position. If correct, they can take profit by selling their position once the index has risen,” COTI wrote. In contrast, traders who expect volatility to remain …

Cryptocurrency exchange Binance has announced a strategic partnership with sports and entertainment fan-token issuer Chiliz. In a Dec. 14 post, the exchange announced that, as the first milestone of this partnership, Chiliz fan-tokens for Paris Saint Germain (PSG) and Juventus (JUV) football clubs would be the latest featured on its Launchpool platform. As Cointelegraph reported, the Launchpool platform allows users to stake tokens for up to 30 days in order to farm certain reward assets, just before those assets are listed in Binance’s innovation zone. This provides an instant marketplace for farmed assets. These listings will see users able to …