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Chinese internet giants remove NFT platforms fearing gov't crackdown
21.3.2022
WeChat removed several accounts for digital collectible platforms for violating the policy of illegal trade, while Ant Group and Tencent-owned NFT platforms updated their user agreements
ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years
19.3.2022
While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held on exchanges...
Ukraine’s Largest Bank Suspends Money Transfers to Crypto Exchanges
19.3.2022
Privatbank, the largest commercial bank in Ukraine, has temporarily halted transfers in national currency to digital asset exchanges. The financial institution explained the move with restrictions imposed by the country’s central bank under the current martial law. Leading Bank in Ukraine...
BTC Proxy Announces Strategic Partnership With Blockchain․com to Expand Bitcoin DeFi Ecosystem
16.3.2022
PRESS RELEASE. BTC Proxy, the Bitcoin Liquidity Protocol on Polygon, has entered into a strategic partnership with Blockchain.com, one of the world’s largest crypto platforms and an early pioneer of key Bitcoin infrastructure. As part of the partnership, Blockchain.com will add BTC Liquidity...
More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols
14.3.2022
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized...
Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
12.3.2022
The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency...
Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion
11.3.2022
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine....
How Crypto Companies Must Mesh With Traditional Financial Services Platforms for DeFi to Succeed
9.3.2022
Crypto companies looking to engage with traditional financial institutions must address risk management and compliance expectations stemming these institutions' regulatory obligations
Frogger Player Shatters World Record With Over 1 Million Points
8.3.2022
On February 27, software engineer Michael Smith surpassed his own previous world record for Konami’s 1981 coin-op classic Frogger, a feat which involved maxing out the game’s score counter multiple times. His new score sits at a comfortable 1,356,520, handily toppling his previous record...
Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%
6.3.2022
The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked (TVL) in decentralized finance (defi) protocols has slipped below the $200 billion mark to $196.02 billion...
Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia
6.3.2022
A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations in the Russian Federation also in response...
NFT Infrastructure Provider Rarify Gets $10 Million Investment in Series A Funding Round Led by Pantera Capital
5.3.2022
Rarify, a startup that helps third parties include NFT elements in their tech platforms, has raised $10 million in its Series A funding round. The round was led by Pantera Capital, a leading cryptocurrency-based venture capital firm. The company has now reached a reported valuation of $100 billion...
South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine
4.3.2022
Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the Russian Federation. Largest Korean Exchange May Deny...
Leaked Images Suggest Opensea Plans to Add Solana-Based NFT Support
3.3.2022
Leaked images that allegedly derive from the leading non-fungible token (NFT) marketplace Opensea indicate that the platform may soon introduce Solana-based NFTs. The images were discovered by the tech blogger Jane Manchun Wong who is well known for leaking information about yet-to-launch features...
Cardano-Powered Flickto Looks to Be the Solution to Today’s Unfair Media Landscape and Aims to Become the Pioneer of DeMe
1.3.2022
PRESS RELEASE. Media firms should often be open source and controlled by stakeholders like consumers, artists, and their intermediaries. Decentralized Media’s (DeMe) goal is to build open-source platforms that allow individuals to gain ownership over their data and the media projects that...
Celeste Developers Reunited With Game Awards Trophy Four Years After It Went Missing
28.2.2022
Streamer Prestige Is Key was looking for a cool gaming souvenir the other day, but when he tried to buy a Game Awards trophy online he got a lot more than he was originally expecting.Read more
Sanctions May Not Affect Russia’s Access to Crypto, Reports Claim
25.2.2022
As sanctions rain on Russia, following the Kremlin’s decision to invade Ukraine, media reports have suggested that they are unlikely to limit the country’s access to crypto assets. While the Russian elite may use them to circumvent restrictions, ordinary Russians are also likely...
Russia to Restrict Crypto Trading to Licensed Platforms, Certified Wallets
24.2.2022
The state of VR games in 2022: survey results
23.2.2022
We asked some key questions on platforms
Novatar: The Ultimate NFT Project That Is Dominating the NFT Market Now
23.2.2022
NFTs have emerged as the biggest trend on the blockchain industry due to their massive popularity with mainstream users. This novelty form of digital assets have enabled artists and creators to mint and monetize their creations without going through complex processes associated with traditional...