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EU entrusts $30M to new blockchain and digital assets fund
29.7.2021
The European Investment Fund invested $30 million in a new $120 million blockchain and digital assets fund, highlighting the sector’s “strategic importance” for the EU
DeFi Tokens To Consider Investing In
29.7.2021
Decentralized finance (DeFi) has been one of the main driving forces of the current cryptocurrency bull run. While beginners want to buy bitcoin with credit card, more tech-savvy investors have turned to DeFi for some incredible returns. With that said, it’s not an easy ecosystem to navigate....
Solana based cross-chain exchange Saber raises $7.7M to expand team and tokens
29.7.2021
Saber has raised $7.7 million in a seeding fund round, and is rated as the second platform on Solana in terms of total locked value (TVL) with $185.77 million
Survey Shows 3 out of 4 Sports Fans Are Skeptical About the Longevity of NFT Investments
28.7.2021
Over the last year and a half, non-fungible tokens (NFT) have seen massive hype and millions of dollars worth of sales executed at auctions. A recent survey produced by bonusfinder.com shows sports fans are doubtful of the NFT craze as the poll’s findings show nearly three out of four people...
Relief Fund Has a Difficult Time Cashing Out the $1B Worth of SHIB Vitalik Buterin Donated
28.7.2021
In mid-May, the co-founder of Ethereum, Vitalik Buterin, donated $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Close to three months later, the CCRF organizers say they have been having issues cashing out the SHIB tokens and so far, only $20 million...
Blockchain tech is holding NFTs back because of these three design flaws
27.7.2021
Three design flaws in blockchain tech are holding the NFT sector back — and they need to be tackled for it to reach its full potential
1inch Foundation plans to distribute 10M tokens to compensate for gas costs
27.7.2021
Only users who stake 100,000 1INCH or more will receive a full refund for their gas fees
Coins vs Utility Tokens vs Security Tokens - What’s The Difference?
27.7.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Tokenization is one of the proponents of the blockchain which will likely stand the test of time. The act of tokenizing something, means giving...
DeFi tokens book double-digit gains after Bitcoin rallies above $39,000
26.7.2021
AMP, XVS and RSR price saw strong breakouts after a short squeeze sent Bitcoin price within a hair of the $40,000 level
Cleveland Cavaliers basketball team joins fan token platform Socios
26.7.2021
“This is the start of an exciting partnership that we believe can eventually lead to greatly enhanced fan engagement for fans of the Cavaliers around the world,” said Socios and Chiliz CEO Alexandre Dreyfus
Uniswap delists 100 tokens from interface including options and indexes
26.7.2021
Synthetic tokens and tokenized stocks have made it onto Uniswap Labs’ black list as regulatory concerns mount
Users Criticize Uniswap’s Decision to Remove Over 100 Tokens From Main Interface
25.7.2021
The largest decentralized exchange (dex) platform, in terms of trade volume, Uniswap has revealed the dex has removed a number of tokens from the platform interface. The community assumes the tokens could be deemed securities by global regulators. Uniswap users can still swap these tokens...
The future of art? World-famous artists delve into NFTs
24.7.2021
With NFTs, the future of art is in the palm of your hand. Here is a look at the topmost famous artists getting into NFTs right now
Chinese Miners Pivot to Alternative Currencies to Keep Operating
24.7.2021
The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. Lesser-known tokens and proof-of-stake-based systems are now in the sights of these miners...
Reddit deploys layer-2 solution aimed at scaling Ethereum-based community points
23.7.2021
“You’ll notice transactions happen much faster, and once you’ve created a Vault, you won’t have to keep claiming Moons every month,” said Reddit if the solution is migrated to the Ethereum mainnet
Reddit Chooses to Leverage Arbitrum’s Layer-2 Tech With Community Point ETH-Based Tokens
23.7.2021
On July 22, developers working on the platform Reddit, the social news discussion aggregation forum, revealed that the team was scaling Reddit’s community points program with the Ethereum Layer-2 solution Arbitrum. Currently, Reddit developers are testing the community point tokens on top...
FXT token taps into Binance Smart Chain following ERC-20 success
23.7.2021
The BEP-20 based FXT token hopes to “replicate the success of its variant – ERC-20 Token.”
Ethereum Gaming Token Axie Infinity Taps Another All-Time Price High
23.7.2021
On Friday, the game token utilized within the Axie Infinity gaming realm has once again captured another all-time price high at $32.17 per unit. The game token has outperformed a great majority of crypto assets by commanding more than 844% in gains during the last month. Axie Infinity Outperforms...
Nonfungible tokens from a legal perspective
23.7.2021
Nonfungible tokens under the juridical and legal perspective are still in evolution, and there are more questions than answers
KFC Korea and TriumphX marketplace sign deal to develop NFT content
23.7.2021
KFC wants to promote its branding to Koreans through nonfungible tokens