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Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem
23.7.2022
On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra...
Defi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack
22.7.2022
The top smart contract platform tokens by market capitalization and the total value locked (TVL) in decentralized finance (defi) have swelled significantly in value during the last few days. Since the value locked in defi reached a 2022 low of $70 billion on June 19, the defi ecosystem’s...
DIA for Web3 Goes Live on the OKC Ecosystem & Mainnet
22.7.2022
DIA recently went live on OKC and its mainnet. DIA proposes an extensive data library as an end-to-end, multichain, open-source oracle and data platform for Web3. That is why OKC chooses DIA for its services, one of the most affordable and quickest blockchain networks. The platform is already...
South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset
15.7.2022
The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a cryptocurrency regulatory framework in place by the end...
Policy Body Representing India's Crypto EcoSystem Disbanded: Sources
14.7.2022
The move was announced Thursday in a video conference call with stakeholders of the industry and representatives of crypto exchanges
UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption
11.7.2022
Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300%...
Terra projects band together in migration to Polygon ecosystem
11.7.2022
Projects formerly running on the fallen Terra blockchain have collaborated to help each other migrate over to the Polygon layer-two network
Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 Months
10.7.2022
Back in mid-March 2022, Bored Ape Yacht Club’s (BAYC) Apecoin DAO launched and airdropped millions of apecoin tokens to specific NFT holders. The crypto asset dedicated to the BAYC ecosystem tapped an all-time high two months ago reaching $26.70 per unit on April 28. However, apecoin is down...
Fed’s Brainard Calls for Sound Regulation of Crypto Financial System to Be Established ‘Now’
10.7.2022
Federal Reserve Vice Chair Lael Brainard has stressed the importance of establishing sound regulation for the crypto financial system “now before the crypto ecosystem becomes so large or interconnected that it might pose risks to the stability of the broader financial system.”...
Former Tiktok Gaming Boss Launches Metao, a ‘Blockchain Agnostic’ Gaming Company
8.7.2022
Jason Fung, former head of gaming at Tiktok, the video-based social media, is launching a blockchain-based gaming startup. The company, called Metao, will focus on providing “blockchain-agnostic” solutions that will allow Web3 game creators to expand their reach and not be limited...
TON Foundation Raises $90M for New Ecosystem Fund
7.7.2022
The stewards of the TON have raised $90 million for a new ecosystem fund continuing its recent flurry of activity to get the Telegram-founded blockchain project back into gear
Solace Portfolio Insurance Going Live in the Aurora Ecosystem
5.7.2022
Solace Portfolio Insurance recently went live on the Aurora network, and the platform will now provide its decentralized insurance solutions to Aurora users. In addition, Aurora users can securely explore decentralized finance. SPI (Solace Portfolio Insurance) is the first-of-its-kind DeFi...
Multichain adds Rootstock to its blockchain bridge ecosystem
4.7.2022
The RSK sidechain is the first Bitcoin-based sidechain to be incorporated into Multichain
Core Everscale Developers Broxus to Host Elysium Hackathon in Belgrade and Online
1.7.2022
PRESS RELEASE. Broxus, the core development team behind many of the platforms that make up the Everscale network ecosystem, will be hosting its first-ever hackathon in Belgrade, Serbia from July 14-17. The hackathon is the latest development in what has been a remarkable 2022 for the Everscale...
Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M
25.6.2022
While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37%...
Cryptostone Announces CPS Token Launch Date for Its Revolutionary Financial Ecosystem
23.6.2022
PRESS RELEASE. Cryptostone, a genuinely anonymous, No-KYC blockchain financial ecosystem, has announced the token sale date for the CPS token. After a successful pre-sales round, which has raised over two million USD from thousands of followers, the token will be available for public sale from June...
Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing
21.6.2022
The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still...
USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged
21.6.2022
Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity,...
US Fed to Blame for Downturn, Large Crypto Players Have Responsibility Toward Ecosystem - FTX CEO
20.6.2022
With crypto prices continuing to slide, Sam Bankman-Fried, the outspoken CEO of major crypto exchange FTX, argued that the US Federal Reserve (Fed) is to blame for the ongoing downturn, but that large companies such as his have a responsibility to step in and make efforts to contain...
Revoland Holding IDO on EverStart
18.6.2022
PRESS RELEASE. EverStart, a DAO-controlled multi-chain launchpad built on the Everscale blockchain network and Revoland, a blockchain-based MOBA & Battle Royale video game, are partnering for an initial DEX offering. In the IDO, participants will be able to acquire REVO, a governance token...