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Fractional NFT Markets See Significant Growth in 2021 as Market Cap Surpasses $200 Million
13.12.2021
While the non-fungible token (NFT) economy has exploded in value, another sector of the NFT industry called fractionalization has seen immense growth. A bunch of projects today are dealing with fractional NFTs, which are basically NFT assets chopped into a number of pieces and shared among...
Axi’s UK Branch Ends FY21 with £1.9m Net Profit & 46% Growth
10.12.2021
AxiCorp Ltd, Axi’s London-based subsidiary, recently released its funds report for the fiscal year 2021. The report covered the period till June 30th and showed a whopping 46% growth. As a result, the company generated over 1.9 million pounds for business in the UK. Moreover, the company’s turnover...
Semiotic AI granted $60 million by The Graph Foundation to support ecosystem growth
9.12.2021
Semiotic AI will become the third core protocol developer to join the Web 3 network this year, and is set to enhance security, scalability and economic efficient on the platform through the use of emerging technologies
Experts Believe a Common African Cryptocurrency Can Boost Trade and Sustain Growth After Covid-19
9.12.2021
Some economic experts from Africa have suggested that the continent now needs a common cryptocurrency and an integrated capital market to boost trade and sustain growth. The Importance of a Common Crypto Experts on the African economy have argued that a common cryptocurrency along with...
Fundstrat’s Chief Strategist Predicts Bitcoin Still Has ‘Exponential Growth Ahead’
8.12.2021
Fundstrat Global Advisors’ head of research says bitcoin still has “exponential growth ahead” of it. While acknowledging recent price swings of the cryptocurrency, the strategist emphasized that bitcoin has so far regained its losses in short periods of time. Bitcoin Still...
We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block
6.12.2021
The amount of crypto donations through The Giving Block surged to $100 million this year from $4 million in 2020
Phemex Is Bringing Its Community’s Dreams to Life Celebrating Its Second Anniversary
6.12.2021
Singapore-based cryptocurrency exchange Phemex is celebrating its 2nd anniversary this November. It’s been an eventful couple of years for the derivatives platform, and with its Choose Your Reality event, this anniversary is going to be a memorable one. Phemex’s dedication to...
This Trend in Axie Infinity Raises ‘Sustainability Concerns’ Despite Strong Growth
2.12.2021
Many new players of the popular play-to-earn game Axie Infinity (AXS) join not through the standard procedure of buying the Axies they need in order to play, but instead by borrowing them from existing users, helping “the rich get richer” within the game, a new research claims....
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Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’
30.11.2021
Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business...
Watch: Concordium's Chairman on Digital Identity, Growth Plans, Crypto Trends, and More
30.11.2021
One of the most underdeveloped use cases of blockchain technology is digital identity and it could also help improve interoperability between different protocols, according to Lars Seier Christensen, Chairman of Concordium, an enterprise blockchain solution for businesses. ...
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Watch: CoinField's President on Their New Token, Growth Plans, and Competition
26.11.2021
Alex Lightman, Executive Chairman and President of a European crypto exchange CoinField that operates in 193 countries, claims that exchange tokens will outperform other cryptoassets as the company is now preparing to launch its own, somewhat unusual coin.
Per Lightman, this utility token aims...
Founder of Africa-Focused Media Firm Urges Continent’s Governments to Embrace Crypto
23.11.2021
The founder of Africa-focused media and investment company Footprint to Africa, Osita Oparaugo, has urged governments on the continent to embrace cryptocurrency. Africa Must Not Be Left Behind Osita Oparaugo, founder of Footprint to Africa, has argued that a timely embrace of cryptocurrencies...
How Solana and Cardano are paving new avenues for NFT growth
23.11.2021
With strong competition from networks like Solana and Cardano, will Ethereum’s dominance over NFTs hold much longer?
Third-Generation Blockchains Will Pick Up the Defi Slack Left by Ethereum
22.11.2021
With the ETH 2.0 upgrade still months, if not years, from a full launch, third-generation blockchain protocols are quickly racing up to dethrone Ethereum as the “go-to” hub for dapps and defi. Blockchain Metamorphosis to Catalyze Future Defi Growth Although many people may only...
Growth DeFi Announces a New Hybrid Bridge for Cross-Chain Decentralized Farming and Launches on Avalanche
22.11.2021
Growth DeFi, a cross-chain decentralized farming protocol, has launched on the Avalanche blockchain ecosystem. The DeFi ecosystem was launched on the 13th of November with its new and innovative Hybrid bridge system. The new hybrid bridge system aligns incentives between WHEAT holders on different...
Gemini Raises $400 Million in Growth Equity Funding Round; Metaverse Clash Incoming
20.11.2021
Gemini, the regulated cryptocurrency exchange founded by the Winklevoss Twins, has raised $400 million in its most recent growth equity funding round. This financial round gave it a valuation of $7.1 billion, being one of the most valuable exchanges in the crypto world. The financial round, led...
Ludena Protocol Chooses Enjin for Asian Blockchain Gaming Market Growth
17.11.2021
Enjin, the renowned NFT ecosystem, recently entered a partnership with Ludena Protocol. Joining hands with Korea’s biggest P2E (play-to-earn) social gaming platform is a massive boost for Enjin. In addition, the NFT ecosystem will allow Ludena Protocol to promote blockchain gaming across Asia. With...
The power of cheap transactions: Can Solana's growth outpace Ethereum?
16.11.2021
Solana has grown nearly 13,000% year-to-date and while adoption has been increasing, there may be more than meets the eye
Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now
16.11.2021
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at...
Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report
15.11.2021
This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop,...