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After record growth, VC crypto investments decline 38% in May
2.6.2022
Venture capital investments in the crypto industry have almost doubled since last year, but are down 38.2% down since April
Nifty News: Prada launches new fashion NFT, P2E games witness growth in India
1.6.2022
Prada Timecapsule is set to launch on Thursday, Eurovision Winners Kalush Orchestra raised 50 ETH for Ukraine, P2E games see a rise in developing regions, and RTFKT's Loot Pod winners were announced
Crypto Should Move Away from Relying on ‘Endless Growth’, Vitalik Buterin Argues
27.5.2022
In order to ensure safety, crypto projects should move away from an attitude of relying on “endless growth,” despite the arguments that the fiat world works in the exact same way, Ethereum (ETH) co-founder Vitalik Buterin has stated....
Read More: Crypto Should Move Away from Relying on ‘Endless...
PM Says Web 3 Is an Opportunity for Japanese ‘Economic Growth’
27.5.2022
The Japanese Prime Minister has spoken to the nation’s parliament about Web 3, claiming that it will spark economic growth – a further indication that pro-business legal reform could be on the cards in the nation.
The Japanese media outlet CoinPost reported that the PM, Fumio Kishida, made...
Report: The Metaverse Might Contribute $320 Billion to Latam’s GDP in the Next 10 Years
25.5.2022
A new report indicates that the metaverse might be a significant factor in the growth of economies in Latam and the world in the coming decade. The study, issued by Analysis Group, estimates that Latam might benefit from a surge of $320 billion or an approximate 5% of its GDP, in the next 10 years....
Growth in Digital Assets Trade Puts the Spotlight on Blockchain Bridge Security Risks
20.5.2022
Adi Ben-Ari is the Founder and CEO of data security specialist Applied Blockchain. _______The exponential growth in the trade of digital assets across different blockchain platforms in recent years has been accompanied by the emergence of blockchain bridges, or token bridges, that create...
Dollar Slides After Two-Decade High as Focus Shifts to Growth
18.5.2022
The United States dollar seemed to keep to the downside for the third consecutive day on Tuesday. Investors cashed out and cut their bets on the US interest rate hike to push for further gains. The American dollar fell from the two-decade high of 105.010 and settled for 104.169 in the dollar index....
Fireblocks introduces Web3 Engine with developer tools to accelerate ecosystem growth
17.5.2022
This suite of tools is designed for developers to build products and services in the DeFi, GameFi, and NFT spaces
Core Scientific Cites Crypto Market Turmoil in Lowering Its Growth Outlook
13.5.2022
The miner is also being approached with potential M&A deals as some other miners are struggling to finance their growth
3 Coins for Potential Future Growth: Logarithmic Finance, Cosmos, & Monero!
10.5.2022
Cryptocurrencies are all the rage right now, and for a good reason! These digital tokens have the potential to revolutionize how we do business and interact with one another. If you’re interested in getting in on the action but don’t know where to start, this blog post is for you!...
BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market
10.5.2022
Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs), according to the latest survey by the Bank of International Settlements (BIS). Furthermore, “the emergence of stablecoins and other cryptocurrencies have accelerated the work on CBDCs.”...
LBank and Adanian Labs Kickstarts a ‘Crypto Accelerator Program’ in Kenya
8.5.2022
PRESS RELEASE. The blockchain ecosystem is growing exponentially. It has brought prosperity to most African countries by creating wealth for individuals and fast economic growth for their people. However, many believe that the region is yet to tap into its full potential, that is, leveraging...
SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue
8.5.2022
The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order and to pay a $5.5 million penalty. Nvidia Failed to Disclose That Crypto Mining Was a Significant...
Early Wyre Backer Launches $200M Fund for ‘Mid-Growth’ Crypto
5.5.2022
Blockchain Coinvestors has more than $450 million in assets under management
Dogecoin, Shiba Inu Underperform Broader Crypto Market Despite Fundamental Growth
5.5.2022
Adoption and usage of two tokens failed to move prices by much while the crypto market cap added 5%
Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease
4.5.2022
Bitcoin (BTC) rose by as much as 5% over the past 24 hours, tracking moves in stocks, as the U.S. Federal Reserve eased concerns about slowing economic growth. Wednesday's rate hike was expected by market participants
Fintech Study Estimates 4.4 Billion Global Users Will Adopt Mobile Wallets by 2024
3.5.2022
According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of...
ETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51%
2.5.2022
The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible token (NFT) marketplace sales, which rose by more than 19,000% during the period under review....
Liquidity has driven DeFi’s growth to date, so what’s the future outlook?
1.5.2022
On-chain liquidity was the catalyst of DeFi Summer 2020, but what will lead the DeFi markets to hit a trillion dollars within another year or two?
World Bank Predicts 3% Gold Price Growth, Expert Says a $3K per Ounce ‘Is More Likely Than Not’
30.4.2022
The World Bank has said it expects the price of gold to rise by 3% in 2022 but warned the price might fall sharply if the Russian central bank decides to offload large quantities of the commodity. The Russian Factor After the price of gold surged past the $2,000 mark in early March, a new […]