Search
Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users
23.4.2022
On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million to early Supernet users “who can help fast-track adoption.”...
Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences
23.4.2022
Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100 million grant fund is part of the Kadena Eco initiative, whose objective is to offer...
Game Space: One of the First GaaS “GameFi as a Service” Platform
23.4.2022
On April 22nd Michael Cameron the CEO and Co-founder of Game Space announced that it has released one of the first GaaS “GameFi as a Service” Platform. Game Space also announced that it had received more than US $7 million in financing. This round of financing is jointly led...
Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million
22.4.2022
On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round was led by the climate technology venture capital firm G2 Venture...
Seized Silk Road Bitcoin to Clear Ross Ulbricht's $183 Million Debt
22.4.2022
Silk Road creator Ross Ulbricht will see his $183 million debt to the U.S. government wiped out following the seizure of $3 billion in bitcoin
Broxus CEO Vlad Ponomarev on Everscale and Developing a Universal Bridge Mechanism
22.4.2022
Everscale is the most scalable network in DeFi. With the capacity to process over a million transactions per second, Everscale is able to offer users some of the fastest transaction speeds paired with fractional fees. The Everscale ecosystem includes a cross-chain bridge platform with a unique...
Moonbirds NFT Sales Skyrocket Capturing $364 Million in 5 Days
21.4.2022
A non-fungible token (NFT) collection called Moonbirds has been a topical conversation within the NFT community as the compilation’s sales have been enormous. The Moonbirds NFT project started selling five days ago on April 16, and since then statistics show the collection has seen $364.83...
In-depth: how Dread Hunger hit 1 million sales
20.4.2022
Also: a new player survey, and heaps of platform news
Windvane and KuCoin Ventures Launch Creators Fund of $100 Million to Web 3.0 Universe
20.4.2022
KuCoin is a cryptocurrency exchange platform spread across the globe with a presence in 207 countries and regions. It was launched in September 2017 and has successfully registered around 10 million users. Around 600 digital assets are listed on KuCoin, ranking the platform in the top five Crypto...
Yeti Posts $500 Million TVL in 24 Hours After Launch on Avalanche
20.4.2022
DeFi has grown large enough to offer everything a traditional finance firm could offer in the last few years. The DeFi borrowing protocol is the recent addition to this list and brings tonnes of benefits one can only seem of in TradFi. Yet is one such borrowing protocol built in the Avalanche...
US Secret Service Has Seized Cryptocurrency Worth Over $102 Million in 254 Fraud Cases
20.4.2022
The U.S. Secret Service has seized cryptocurrency worth more than $102 million in 254 fraud-related investigations. “What criminals want to do is sort of muddy the waters and make efforts to obfuscate their activities,” said the assistant director of the Secret Service’s Office...
Podcast: Dread Hunger's James Tan on its million-selling success
20.4.2022
Listen now (43 min) | Looking at the social deduction smash in depth
Lazarus Gets Banned by Tornado Cash for Hacking $600 Million From Axie Infinity’s Ronin Bridge
19.4.2022
Tornado Cash is a decentralized protocol that allows users to have a private Ethereum transaction on the network. Tornado Cash breaks the on-chain link between the source address and the destination address to keep transactions private. A smart contract is deployed to execute the private...
Indian Crypto Exchange CoinDCX Raises Over $135 Million in New Funding Round
19.4.2022
The raise brings CoinDCX's valuation to more than $2 billion, said Rasika Joshi, the company's media relations director
Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin
18.4.2022
The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of today, UST’s market capitalization has surpassed the BSC-based stablecoin BUSD by more than $67 million. Stablecoin...
$76 Million Wiped Out From Beanstalk Stablecoin Protocol in Hacking
18.4.2022
Beanstalk has been built on Ethereum, and it is a decentralized credit-based stablecoin protocol. Beanstalk leverages its credit system to create a blockchain native asset that is liquid and decentralized. Beanstalk encourages the participation of its community members to maintain the peg...
NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales
17.4.2022
Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% this week. Moreover, over the last seven days, an...
Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC
15.4.2022
The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s LFG has been acquiring bitcoin on a regular basis and after the purchase on Friday morning, the non-profit organization...
Research Shows More Than 1 Million Australians Own Cryptocurrency
15.4.2022
A recent study by major market research firm Roy Morgan shows that more than 1 million Australians now own cryptocurrency. “The value of all cryptocurrency holdings for people aged 50+ is around $7.6 billion,” the study shows. Study: Over 1 Million Australians Own Cryptocurrency...
Japan’s Top Messaging App LINE Launches Marketplace With 40,000 NFTs
15.4.2022
Japan’s top social network and messaging app, LINE, has launched a marketplace for non-fungible tokens (NFTs). The new service allows 90 million LINE users to send and exchange NFTs with their friends. ‘LINE NFT’ Marketplace Launched LVC Corp., the operator of LINE’s...