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ADALend Sign the Contract With Robatz Network for the Cardano Native Decentralized Lending Protocol Development
4.2.2022
PRESS RELEASE. ADALend and Robatz Network sign the contract for development of the decentralized lending protocol. Robatz Network and ADALend represents a significant milestone for developing the lending protocol and will allow both companies to work together to further the development of...
Crypto Asset Manager Grayscale Launches ‘Future of Finance’ ETF in Partnership With Bloomberg
4.2.2022
Grayscale Investments has launched its first exchange-traded fund (ETF). The Grayscale Future of Finance ETF “seeks to invest in the companies and technologies shaping the ‘future of finance.'” Grayscale’s First ETF Grayscale Investments, the world’s largest...
Microstrategy CEO on Mainstream Bitcoin Adoption: ‘I See Evidence of a Lot More Institutional Adoption’
4.2.2022
The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Turkey, South America, and Africa — “all of these things...
SEC Commissioner: New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms
4.2.2022
A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give the securities regulator new powers to regulate cryptocurrency platforms and decentralized finance (defi) protocols. New SEC Proposal Could Hurt the Crypto Industry...
Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit
4.2.2022
On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said...
Yield App Assets Grow 40% Over Q4 as Platform Passes Armanino Audit
3.2.2022
PRESS RELEASE. ESTONIA — 03 FEBRUARY 2022 — Yield App, a FinTech company and digital asset wealth management platform, has published its 2021 Q4 report, showing the firm continuing on a strong growth trajectory that saw its managed assets grow by 40% from Q3 to reach $475 million....
Kazakhstan Extends Power Cuts for Cryptocurrency Miners
3.2.2022
Crypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points to ongoing difficulties with electricity supply as the main reason for the measure, which was supposed to expire at the end of January. Mining Facilities...
Coachella Music and Arts Festival Partners With FTX US to Issue Solana-Based NFTs
3.2.2022
The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the festival’s official Twitter account. Coachella partnered with the crypto exchange FTX US, and the NFTs are minted on the Solana blockchain. Coachella Partners With FTX...
Technical Analysis: Gamestop Partnership Sends IMX 35% Higher
3.2.2022
Immutable X avoided Thursday’s red wave, and was one of this week’s biggest crypto gainers, following news of a partnership with Gamestop. IMX climbed by over 35% today, with QNT also extending recent gains. As of writing, crypto markets were almost 4% lower. Biggest gainers Despite...
Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund
3.2.2022
Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with the layer two (L2) Ethereum scaling project, Immutable X. The two teams have also established...
India’s Prime Minister Modi: Digital Rupee Will Strengthen Digital Economy, Revolutionize Fintech
3.2.2022
India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The digital rupee will also revolutionize the fintech sector by creating new opportunities and lessening the burden of handling, printing, and the logistics of cash...
Bitcoin, Ethereum Technical Analysis: Ethereum Down 6%, Crypto Red Wave Returns
3.2.2022
Bitcoin and ethereum saw recent losses extended on Thursday, as global cryptocurrency markets declined during today’s session. Solana was also in the red, trading nearly 15% lower today. Bitcoin Following Wednesday’s drop in prices, BTC/USD declined for the second consecutive session...
Coinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs
3.2.2022
Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for $342 per share on April 16, 2021. Since then, Coinbase shares have dropped by close to half that value and today, COIN is swapping for more than 45% lower at $187...
GensoKishi Online Initiates First NFT Auction
3.2.2022
PRESS RELEASE. GensoKishi Online Metaworld is a GameFi and metaverse incarnation of GensoKishi Online, which received the ‘Game of the Year Gold Award’ in Taiwan 10 years ago. The game leverages blockchain technology to build a digital world ecology, and GenoKishi Online Metaworld...
South African Regulator Urges Public to Be More Cautious When Dealing With FTX, Bybit
3.2.2022
The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms FTX and Bybit. The FSCA alleges that neither entity has been licensed to trade in Contracts for Difference (CFD) or to provide financial advisory...
TVL on IoTex Increases 15 Fold Since Start of 2022
3.2.2022
Now ranked 22 on DeFi Llama, IoTeX’s total value locked (TVL) by users has increased nearly 15-fold since the start of this year, signaling the significant interest and trust crypto holders have in the leading multi-chain platform. At the start of the year, TVL on the IoTeX network was about...
Duchařský horor Ghostwire Tokyo vyjde na konci března
3.2.2022
Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report
3.2.2022
Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office is one of the proposals in a regulatory roadmap drafted by the government in Moscow. Cryptocurrency...
LABEL Foundation Looks to Revolutionise the Entertainment Industry in the Era of Web 3.0
3.2.2022
PRESS RELEASE. As the first month of 2022 draws to a close, many would agree that NFTs became a brand new way of ownership of an asset on the internet space. As groundbreaking a year for NFTs as 2021 was however, it does beg the question as to what the future of this sector will […]
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise
3.2.2022
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been...