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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,...
Litentry Blockchain Offers Massive Potentials to Crowdloan Investors
14.11.2021
PRESS RELEASE. The blockchain industry is an ever-evolving world and Litentry is at the forefront of this revolution. Litentry intends to create a truly decentralized identity aggregation solution that will power web 3.0 applications. Its blockchain architecture is advanced and has witnessed...
Gaming Still Drives Blockchain Dapp Industry Growth
11.11.2021
Last month, the number of daily unique active wallets (UAWs) connected to blockchain dapps (decentralized applications) reached an all-time high, exceeding 2m per day on average, according to a report by dapp information provider DappRadar. Despite a robust surge in the use of decentralized finance...
Alexis Ohanian, Solana Ventures launch $100M Web3 growth fund
9.11.2021
Venture capital funds are eyeing Web3-powered social networks as the next major growth vector in crypto and blockchain
The Crypto Economy Soars Past $3 Trillion — Momentum of Value Grew Much Faster Than Apple’s Market Valuation
8.11.2021
On November 8, 2021, the cryptocurrency economy’s market capitalization reached the $3 trillion mark after gathering significant value over the course of 12 years. The overall value of the 10,464 crypto-assets in existence is now larger than Microsoft’s market valuation at $2.52...
Q3 NFT Report Shows Non-Fungible Token Markets ‘Are in Phase of Dynamic, Unstoppable Growth’
6.11.2021
Non-fungible token (NFT) assets have seen significant demand since the beginning of 2021 and third quarter statistics show that key indicators have continued to rise. Just recently nonfungible.com published its Q3 2021 NFT Quarterly Report which shows active wallets increased, the number of...
Digital Asset Manager Bakkt Reveals Plans to Provide Ethereum Services
6.11.2021
On November 5, Bakkt Holdings announced that the firm will soon let customers buy, sell, and store ethereum after offering bitcoin only since the company’s launch. The firm notes that adding ethereum comes at a time when digital currency interest and adoption continue to see significant...
Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency Exchange
3.11.2021
Siam Commercial Bank, one of the largest banks in Thailand, is acquiring a 51% stake in a cryptocurrency exchange. The acquisition will help the bank “create new growth value in the long term amid a new financial world,” said the CEO of the bank. Major Thai Bank Becoming Majority...
PAX South Canceled Indefinitely Due To Lack Of Growth And Covid-19
30.10.2021
Yesterday, ReedPOP announced that it was indefinitely canceling PAX South with no plans for when or if it will return. The organizers blamed a lack of growth and the ongoing covid-19 pandemic.Read more
Travala’s 2021 Q3 Report Shows Crypto Adoption ‘Offset the Negative Impact of the Pandemic’
29.10.2021
The crypto-friendly travel company Travala published its third-quarter 2021 report showing the firm has grown significantly alongside the growth of crypto adoption. In fact, cryptocurrency adoption has “more than offset the negative impact of the pandemic,” the company said as Travala...
Supply chain woes and the growth of Web 3 back OriginTrail’s fresh ATH
28.10.2021
A decentralized focus on supply chain logistics and the growing popularity of Web 3 applications back TRAC’s move to a new all-time high
PlanetWatch Announces Listing of PLANETS Token on Bitmart
27.10.2021
PRESS RELEASE. PlanetWatch, a French start-up which decentralizes and incentivizes environmental monitoring, announced that its utility token, PLANETS, will be listed on Oct. 22 on Bitmart. Claudio Parrinello, PlanetWatch’s CEO said: “PlanetWatch is experiencing explosive growth. With...
Nifty News: The rise of environmentally-focused NFT collections
25.10.2021
WWF Germany are raising awareness for the 10 most endangered species through an NFT auction, while HapeBeast's NFT project has influencers prospecting blue-chip status
FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation
22.10.2021
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21,...