Search
DeFi Kingdoms Integrates Ramp to Take in-Game Payments to the Next Level
30.3.2022
PRESS RELEASE. London, UK: 30 March 2022 – Play-to-earn game, DeFi Kingdoms, has partnered with crypto payments infrastructure platform, Ramp to bring an even greater in-game payment experience to players. For one week only* players can enjoy zero fees when purchasing AVAX through Ramp. DeFi...
Report: Digital AUM Surged to $48.7 Billion in March, Average Weekly Flows Turn Negative
28.3.2022
The total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell by 29.6% to $259 million during this period. BTC...
Web3: Onboarding the next billion users — The road ahead
27.3.2022
Polarization in public discourse is increasing, and to stop it, the world desperately needs the next generation of the internet: a decentralized Web3
Luna Foundation’s Bitcoin Reserve Wallet Now Holds $1.1 Billion in BTC
26.3.2022
During the last week, the cryptocurrency community has been discussing the bitcoin purchases made by Luna Foundation Guard (LFG), as onchain data shows LFG’s bitcoin wallet currently holds 24,954.95 bitcoin worth $1.1 billion. LFG’s Gnosis safe address shows over the last four days...
Onchain Data Shows Terra’s Luna Foundation Continues to Stack Bitcoin
24.3.2022
This week there’s been a lot of talk about Terra’s Luna Foundation purchasing bitcoin to hold in its reserves pool. Onchain data shows the organization’s wallet has transferred at least three tranches of tether worth $125 million each. Furthermore, reports show that the Luna...
Japanese Cryptocurrency Exchange Coincheck to Go Public on Nasdaq in $1.25 Billion Deal
23.3.2022
A major crypto exchange in Japan is going public in the U.S. in a $1.25 billion merger deal. Coincheck is regulated by the Financial Sevices Agency (FSA). It will be listed on Nasdaq under the symbol “CNCK.” Japanese Crypto Exchange Coincheck to List on Nasdaq Japanese cryptocurrency...
Crypto investor Katie Haun raises $1.5 billion for Web3 venture fund
23.3.2022
The largest-ever venture fund for a solo female partner will invest in Web3 projects through two funds, a $500 million early-stage fund, and a $1 billion acceleration fund
Terra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC
22.3.2022
Just recently, Terra founder Do Kwon hinted at purchasing $3 billion in bitcoin to bolster the protocol’s reserves and according to a number of reports and blockchain analysis, Terra purchased $125 million worth of bitcoin on March 21. The following day, bitcoin’s fiat value jumped...
$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months
21.3.2022
This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since August 5, 2021. Metrics show the crypto network has a 24-hour burn rate of 1.74 ether per minute, which equates to roughly $5K worth of ether destroyed every...
Terra Founder Hints at $3 Billion BTC Purchase, Explains New Bitcoin-Linked Tokenomics
21.3.2022
Terra founder Do Kwon hinted at a future purchase of $3 billion worth of bitcoin to supply the reserves of the protocol in a recent Twitter Space shared with bitcoin enthusiast Udi Wertheimer. In the same Space, Do Kwon explained the new mechanics that the Terra ecosystem is introducing in order...
Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%
20.3.2022
As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today...
Ripple to give out 1 billion XRP in developer grants
17.3.2022
The first two waves of the XRPL grant have offered $6 million in funding to 50 open source projects built on the XRP ledger
Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion
15.3.2022
The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November....
Report: Africa Fintech Startups Raised $2 Billion in 2021
15.3.2022
Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the continent’s fintechs in 2021. 2021...
Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country
15.3.2022
Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at...
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
15.3.2022
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s...
More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols
14.3.2022
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized...
Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
12.3.2022
The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency...
Terraform Labs Donates 12 Million LUNA to Luna Foundation Guard
12.3.2022
Terraform Labs, the company behind the creation of Terra, has announced a new donation to support the ecosystem of the terra (LUNA) token. Do Kwon, CEO of Terraform Labs, announced that the company has donated 12 million LUNA (approximately $1.2 billion) to the Luna Foundation Guard (LFG) with...
Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether
11.3.2022
The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors...