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Blockchain-Backed NFT Market Value Grew 299% in 2020


A report has unveiled figures that confirm the bullish run of non-fungible token markets over the last year. Two analytical firms behind the studies stated that the NFT industry grew by 299% in 2020. Total Number of Active Wallets Rose by 97% According to the NFT Report 2020, published...

xSigma Prepares to Launch Its Stablecoin DEX With Major Backers


PRESS RELEASE. xSigma is a decentralized exchange and liquidity mining platform that supports stablecoin swaps. It enables dollar-pegged assets to be traded onchain with minimal slippage and lower fees than existing AMMs. The project is gearing up for its public launch, when early adopters will...

How to Bring Off-Chain Assets to DeFi


Institutions are interested in DeFi for off-chain assets, such as real estate. Here, from our columnist, are some issues they might consider

Tackling Crypto Mass Adoption: Jax.Network’s Mission


PRESS RELEASE. Even though Bitcoin and Ethereum are called ‘cryptocurrencies’ people still treat them like assets instead of currencies. People are not spending cryptocurrencies on a large scale, nor are merchants accepting them on a similar scale. Generally speaking, you still cannot...

Oldest US Bank BNY Mellon Sets Up Crypto Unit to Offer Bitcoin Services


The Bank of New York Mellon, BNY Mellon, has set up a digital asset unit. The oldest bank in the U.S. plans to “hold, transfer, and issue” bitcoin and other cryptocurrencies on behalf of its clients. The bank aims to eventually treat cryptocurrencies like any other assets. BNY Mellon...

Anonymous DeFi Project Core Announces New Token Project


Core, an anonymous and hyped DeFi project, has announced Delta, a new product and token. Core says this will “close the gap” between options trading and spot markets by “using a combination of liquidity standards to deploy an on-chain options layer with scalability in mind.”...

Earn Money by Selling NFT Properties in Upland


PRESS RELEASE. Hidden among a press release published on November 10, 2020 is one of the most significant developments in blockchain history: By partnering with Tilia Pay, Upland.me, a virtual property metaverse that offers true ownership of NFT property parcels mapped to real addresses, has taken...

Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin Trust


The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over...

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