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NFT-Backed Lending Market Rises, USD 1.4M Borrowed With an NFT as Collateral

4.11.2021
Non-fungible tokens (NFTs) are increasingly being used as collateral against loans. Recently, the possibly largest ever such loan was issued for USD 1.4m using the crypto lending platform NFTfi, with the Autoglyph 488 NFT as collateral. Autoglyphs are an “on-chain” generative art collection made...

German Trial Reveals OneCoin Cryptoqueen's USD 18.2M London Penthouse

4.11.2021
As the German lawyer of Ruja Ignatova, the creator of the notorious OneCoin Ponzi scheme, is on trial in Germany on money laundering charges, the legal proceedings have shed some light on her assets including the purchase of a luxury London penthouse. ... Read More: German Trial Reveals OneCoin...

Chiliz Is All Set for Another Explosion: Can CHZ Reach $50?

2.11.2021
Chiliz is a comparatively popular cryptocurrency network that intends to create a sports and entertainment industry more engageable by viewers and fans. Tokenizing critical aspects of sports by means of voting which users can participate in who hold Chiliz token is a very interactive way...

Avalanche Launches $220M Crypto Fund for DeFi and NFTs

2.11.2021
The Avalanche Foundation recently released Blizzard, a crypto development fund for the network’s growth. The blockchain will use the 220 million dollars fund to target NFTs and DeFi opportunities. The funds comprise of contributions from the Avalanche Foundation (Singapore-based NPO), Ava Labs (New...

Bitcoin Jumps Above USD 63K, Ethereum Tests ATH, DOT Outperforms

2.11.2021
Bitcoin price started a fresh increase above the USD 62,000 resistance. BTC surpassed USD 62,500 and it is currently (11:53 UTC) showing positive signs. A close above USD 64,000 could spark a rally in the near term. Besides, most major altcoins are also rising steadily. ETH is gaining momentum...

Kazakhstan Could Earn USD 1.5B from Crypto Mining in 5 Years - Association

1.11.2021
With crypto mining on the rise in Kazakhstan, the country’s economy could benefit from more than USD 1.5bn in revenue from legal mining operations in the next five years, according to estimates by the Kazakh National Association of Blockchain and Data Center Industry. ... Read More: Kazakhstan...

Bitcoin (BTC) Constantly Attempts to Remain Over $60,000

1.11.2021
The Bitcoin price rally is always surprising because it completes the target of months within a few weeks, and then momentum dies. Dropping volumes, booking profits, and hitting targets at an early phase has hindered BTC value for a long time. For now, both experts and enthusiasts are suggesting...

Nameless Raises $15 Million Through Seed Funding

1.11.2021
Nameless is a leading developer of API software for testing, issuance, and sale of NFTs. It recently announced the closure of a $15 Million seed funding investment efficiently hosted by Mechanism Capital. Mechanism Capital is a leading participant in the blockchain investment space, which focuses...

Watch How Matt Damon Helps Crypto.com Spend USD 100M On Global Campaign

28.10.2021
Pouring millions into marketing, major crypto platform Crypto.com has launched a new global advertising campaign aimed to boost the company’s worldwide recognition, featuring big Hollywood names. ... Read More: Watch How Matt Damon Helps Crypto.com Spend USD 100M On Global Campaign

Cream Finance Suffers Another Exploit as Attacker Runs Away With USD 100M+

27.10.2021
Ethereum (ETH)-powered decentralized finance (DeFi) project Cream Finance (CREAM) suffered another flash loan attack as the attacker reportedly stole more than USD 100m worth of tokens. Blockchain analytics and security firm PeckShield flagged the attacker's address, while Cream finance confirmed...

Bitcoin (BTC) Falls Below $60000 After Two Weeks!

27.10.2021
Since the flash crash, a hostile stance has been hovering over BTC, promoting holders to book some of their profits. Flash crash occurs rarely, but once it does, the positivity on the asset goes down the drain. Had this profit booking stopped before the immediate resistance, we would have witnessed...

USD 20,000 Weekly Moves in Bitcoin’s Price Likely This Year, Author Says

27.10.2021
Volatility in bitcoin (BTC) is not likely to slow down, and weekly price moves of USD 20,000 or more should be expected before the end of the year, one popular author and bitcoin proponent claims. ... Read More: USD 20,000 Weekly Moves in Bitcoin’s Price Likely This Year, Author Says

USD 500M Liquidated as Bitcoin Falls Below USD 60K, Ethereum Below USD 4K

27.10.2021
Nearly USD 500m in long positions were liquidated across the crypto market in just one hour on Wednesday, as the price of bitcoin (BTC) fell below the psychologically important USD 60,000 level, and ethereum (ETH) dropped below USD 4,000. At press time (08:26 UTC), BTC was down by 7.5% for...

ASSEMBLE Protocol’s ASM Token Is Officially Listed on Coinbase and Gate.io

26.10.2021
PRESS RELEASE. The revolutionary blockchain-based global point integration platform ASSEMBLE Protocol has announced the listing of its utility token ASM on Coinbase, which has been followed swiftly after the ASM-USD and ASM-USDT pairs were enabled on Coinbase Pro. It is highly expected that this...

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