Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX
18.5.2022
Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding round. The investment round, which was led by big VC names in the crypto space like a16z, also had the participation of Pantera Capital and FTX Ventures. Kevin Lin, CEO of the company...
Will a Proof-of-Stake Ethereum Lead to More Centralization?
18.5.2022
Lido’s staking protocol now holds 33% of all staked ether
BitcoinUSD․com Launches a Market Watch Site
18.5.2022
PRESS RELEASE. BitcoinUSD.com, a website developed to educate the public on crypto exchanges and current prices, launched its new website. The new site provides more information on current cryptocurrency prices, live market cap, news and educational articles through its crypto blog. The new site...
Why decentralized messaging apps will replace today’s social media platforms
18.5.2022
Centralized communication platforms prove to be an easily identifiable weakness in activist movements
dForce Brings ChainLink Oracle to Arbitrium for Price Feeds
18.5.2022
ChainLink Oracle support from dForce will be extended to the Arbitrium blockchain, according to a blog post shared by dForce on Medium. The move is part of the project’s plan for multi-chain expansion of the protocol to EVM-compatible networks. dForce operations on Arbitrium will now access...
Do Kwon’s Plan for New Terra Blockchain Becomes ‘Final’
18.5.2022
A plan to revive the Terra (LUNA) ecosystem by creating a new blockchain without an algorithmic stablecoin has been designated as “final” by Terraform Labs CEO and co-founder Do Kwon.
By creating a new blockchain with its own native token, Do Kwon’s revival plan would airdrop the new token...
Smart Contract Platform Chain’s XCN Token Pumps and Dumps
18.5.2022
The little-known smart contract platform Chain (XCN) is attracting attention after its native XCN spiked in price and briefly leaped into the top 40 list of the most valuable cryptoassets by market capitalization. Shortly after, however, the token dumped in the market to trade at its lowest...
Australian Taxation Office to Focus on Capital Gains From Crypto Assets
18.5.2022
The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate any capital gain or loss from the sale of digital coins and tokens and record it in their...
Axie Infinity's Discord bot compromised, hackers issue fake minting message
18.5.2022
The developers have managed to delete the fake message and remove the MEE6 bot from the main server
Fantom Stablecoin DEI Remains Below Dollar Peg For Third Day, No Updates from the Team
18.5.2022
DEI, a hybrid algorithmic stablecoin of decentralized finance (DeFi) protocol DEUS Finance, has failed to restore its intended peg, currently trading under one dollar for the third day.
The stablecoin first lost its dollar peg on Sunday after a wave of uncertainty incited by the crash...
Polkacity Partners With readyplayer.me to Use Avatars Across Metaverses
18.5.2022
Polkacity has partnered with readyplayer.me. Through this partnership, Polkacity will integrate the game, website, and app of readyplayer.me, enabling players to take the same avatar to various metaverses. Additionally, avatars from readyplayer.me will also be eligible for use on the ecosystem...
The Lightning Network Lunch: A Bitcoin contactless payment story
18.5.2022
A data analyst on the Isle of Man demonstrated how contactless payments work on Bitcoin’s Lightning Network using an NFC enabled "Bolt Card."