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Near Foundation Raises $150 Million to Bolster Web3 Adoption


On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than...

Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022


In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this assertion, Reitz points to Kenya’s as position as the leader in the world’s peer-to-peer...

Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates at 58%


Four days ago, the total value locked (TVL) in decentralized finance (defi) was coasting along at $255.84 billion and since then, the TVL has dropped ​​8.55% in value. During the last 24 hours, the TVL has slid 2.80%, and Curve’s $23 billion locked today represents 9.84%...

Aurora and cBridge Collaborate to Facilitate Cross-Chain Bridges


cBridge has finally established bridging assistance for Aurora, an Ethereum Virtual Machine scalability connectivity that flows on NEAR Protocol with benefits from the many unique characteristics, such as sharding & speedy finality. Aurora combines the Ethereum 1.0 development experience with...

3 Best Cross-Chain Tools You Need NOW


Cross-chain tools for deployment in web3 projects are all the rave at the moment, and developers either deploy such tools or go the chain bridge development route. And that is a lot harder than it looks, and it’s all about blockchain interoperability. The web3 industry has grown beyond...

Terabethia Cross-Chain Bridges Gap Between Internet Computer and ETH


Terabethia, an asset mirror Tech Company, and cross-chain contract communication were created by Psychedelic, a Web 3.0 development firm that creates solutions exclusive for the Internet Computer. Users will be able to replicate and utilize any of the available Ethereum tokens, Nonfungible...

Cross-Border NHL Games Have Been Postponed Due to the Holiday Season


Due to a high number of COVID-19 infections mostly in the league, the NHL has delayed all cross-border matches until the beginning of the Christmas holidays on December 23rd. And the NHL’s chances of competing in the Olympics in Beijing seem to be fading. The NHL, as well as the National...

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