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Japanese Blockchain Developer HashPort Group Raises $8.5 Million in Funding


In its latest funding drive, HashPort, the Japanese blockchain developer, has garnered a whopping 1.2 billion Japanese yen (equivalent to $8.5 million).  The Series C funding round was led by major players like Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners,...

Ethereum-Based Casino Coco Achieves $36 Million Transaction Volume On Launch


Crypto casino platform Coco records a staggering debut as it nets over $36 million within 12 hours according to data on Etherscan.  The project launched on the Ethereum blockchain inspired by the Milady NFT project which has attracted many users with recent releases.  The staggering growth of...

$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan


Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric stations. The project aims to minimize the power plant’s electricity losses by utilizing its full generating capacity that currently exceeds that of the transmission network. Kyrgyzstan...

Ordinals Reach 20 Million Milestone, But Bitcoin-Based NFT Sales Slide


This week marked a milestone as the number of Ordinal inscriptions minted on the Bitcoin blockchain crossed the impressive 20 million threshold. But despite this achievement, Bitcoin-based non-fungible token (NFT) or Ordinal marketplace sales have witnessed a downturn since mid-July. Once...

Ethereum Liquid Staking Sees 270,000 ETH Influx in 2 Weeks


Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million ether locked within their systems. Ethereum Liquid...

NFTs Created by 99-Year-Old Artist Vera Molnár Sold for $1.2 Million


Computer-generated non-fungible tokens (NFTs) created by innovative Hungarian artist Vera Molnár sold out for ETH 631.  Per the current prices, this is worth $1,178,520. 'Themes and Variations' collection was created by the 99-year-old Molnár in collaboration with artist Martin Grasser....

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