Frax, an algorithmic stablecoin protocol, is mulling the idea of buying billions of dollars’ worth of native tokens of major blockchains to use as reserve collateral for its stablecoin. The sta...
Tag: Cryptos
LOVO Raises $6.5M Pre-Series A to Develop the Voice of Web 3.0
LOVO, a synthetic speech startup, has closed a $2 million extension to its pre-Series A round, which now totals $6.5 million. The extension was led by Hashed, a global crypto venture capital firm acti...
Bitcoin Has Increased Tourism by 30% in El Salvador, Says Tourism Minister
El Salvador, the first country to adopt bitcoin as a legal tender, has revealed that the cryptocurrency has bolstered its tourism sector by 30% since its recovery from COVID-19 pandemic. Bitcoin Boos...
World’s First IP Licensed Pistol NFT Developed Through Digital Arms & ZEV Technologies and What’s in Store for 2022
Digital Arms hosts exclusive IP rights to the world’s leading firearm brands along with the most popular AAA gaming firearms and is just days away from announcing their IDO launchpad partners for the ...
Top Predictions for Ethereum (ETH) & Cardano (ADA) Price, Cryptos Aim at a Bullish Weekly Close!
Ethereum(ETH) Price Analysis The bulls who entered expecting a significant surge in ETH price above $3500 appear to be pretty trapped at the moment. As the price currently has slashed below $3200 but...
Fastest Rising Cryptos for April: Decentraland (MANA), Aave (AAVE), and Logarithmic Finance (LOG)
In a rapidly growing market, a range of platforms have established themselves as central players in the cryptoverse, whilst others are just entering the scene. Will the newcomers be able to match the ...
Nigeria Fines Four Local Banks for Facilitating Crypto Payments
The Central Bank of Nigeria (CBN) has imposed financial penalties on four commercial banks in the country for facilitating crypto-related transactions, Bloomberg reported on Wednesday. The sanctioned ...
Cryptos You Can’t Resist – Parody Coin (PARO), Tezos (XTZ) and Filecoin (FIL)
Losing money is not something you have to worry about when investing in the Digital Economy and when we take a look at how far crypto market has come, we see it has already pushed beyond the $2 Trilli...
PARSIQ ($PRQ) Lands on the CryptoCom Exchange
PARSIQ has announced that its native token $PRQ will be listed on the trading platform CryptoCom starting April 7th. PARISIQ, the Web3 monitoring, and data-automation platform have announced that user...
Audius Down by 15% as ANC Gains Massive Boost.
The last 24 hours have been one of the most dreaded for Audius and the rest of the crypto market. It lost more than 5% during this period as most cryptocurrencies tanked. Having surged above $2 trilli...
South Korea’s ‘Kimchi Premium’ Evaporates; Major Cryptos Tumble on Fed Minutes, Continued Global Uncertainty
In an interview with CoinDesk TV’s “First Mover” program, Scott Freeman, co-founder and partner of financial services firm JST Capital, suggested the global unrest was hurting bitcoi...
Binance US Raises $200M Seed Funding at a $4.5B Valuation
Binance US, the United States-focused arm of leading cryptocurrency exchange Binance, has raised more than $200M in a just-concluded seed funding round. Binance US Hits $4.5B Valuation The fundraisin...
Sky Mavis Secures $150M to Compensate Victims of the $625M+ Ronin Bridge Hack
Sky Mavis, the developer of popular NFT-based game, Axie Infinity, today announced it has raised $150 million in a recent funding round. The fundraiser was led by leading cryptocurrency exchange Binan...
Great cryptos to grab this week: Logarithmic Finance (LOG), Solana (SOL), and Polkadot (DOT)
There isn’t a day without a new digital currency joining the crypto market. With so many cryptocurrencies available, recognising potential winners may have become more difficult for some new investors...
Bridge Network Raises $3.8M to Build Better Cross-Chain Experiences With Backing From FTX Ventures
Bridge Network, a cross-chain communication protocol, has closed its $3.8M funding round with backing from FTX Ventures, MEXC Global, Master Ventures, Blockfinex, Croc Capital, and others. The protoco...
Why Going with Node Providers is a Better Solution Than Setting Up Your Own Node?
Nodes are one of the most important parts of blockchain networks and yet, they are a concept that many people are unfamiliar with. Some of us haven’t even heard about them up until this point. A block...
A Dummies Explanation With Examples
Key Takeaway Crypto coins and tokens are not the same. Coins usually have their own blockchain, but tokens live on another coin’s blockchain. Tokens can become coins. Bitcoin and Ether are examples of...
This is why 2021 was crypto’s breakout year
The world is marching on toward the mass adoption of cryptocurrencies. This is evident in almost every metric one can look at when analyzing the crypto market, even in volatile times and during sharp ...
MicroStrategy Adds 4,167 BTC ($195M) to Bitcoin Stash
Leading global business intelligence software company MicroStrategy has yet again purchased more bitcoins, through its subsidiary MacroStrategy, a few days after obtaining a loan using its Bitcoin por...
‘Only a few’ cryptos should avoid SEC oversight, Chairman Gensler says
The vast majority of crypto tokens in circulation are securities that should be overseen by the Securities and Exchange Commission, Chairman Gary Gensler said in a speech Monday. “The fact is, most cr...
U.S. Lawmakers Propose New Bill to Tackle El Salvador’s Bitcoin Move
U.S. representatives, Congresswoman Norma J. Torres and Congressman Rick Crawford, on Monday proposed a companion bill titled “Accountability for Cryptocurrency in El Salvador (ACES) Act.” The bill is...
US DOJ Seizes $34M Worth of Crypto Linked to Dark Web Fraud
The United States Department of Justice (DoJ) has recently seized hold of cryptocurrency to the tune of $34 million traced to illicit dark web activities by a South Florida resident whose identity rem...
ETH, SOL & CLX – Top Cryptos to Earn Long-term Gain
Do you want your crypto investment to provide you with a consistently stable stream of passive income to last a lifetime? According to the experts, the key is to identify a strong brand with long-term...
Singapore Passes Bill to Tighten Regulations for Crypto Firms
Singapore has now passed a Financial Services and Markets bill that will tighten regulations for crypto firms across the country, Bloomberg reported on Tuesday. The bill, which was passed on Tuesday, ...
Crypto Investors Store 40% of Assets on a Single Exchange
A Yearly Crypto Security Self audit report published by crypto security company NGRAVE shows that a significant number of cryptocurrency investors still store their assets on a single exchange platfor...
Why 2021 was crypto’s ‘breakout year’ & which countries are leading ownership
You may have seen analysts, traders, and builders boldly claiming that 2021 was crypto’s “breakout year.” It’s certainly hard to deny, when considering the explosion of press and memes that came with ...
5 Top Cryptos to Buy This Week – Aprill 2022 Week 1
Cryptocurrencies are a reliable long-term means of storing value. With their limited supply, their value can’t be diluted through inflation. Are you looking for the top crypto to buy? This article exp...
FTX in Negotiation for Possible Investment in Indian Mobile Gaming Startup MPL, Coinbase CEO Bullish on Crypto’s Future in India – crypto.news
Indian Mobile Premier League, MPL, is making progress in its push for web3 integration. According to media sources, the platform is seeking to raise funds from various investors including crypto giant...
Crypto’s Coming Shock
Digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin on display in Paris, France in 2018. (Photo Illustration by Chesnot/Getty Images) Getty Images The crypto world heaved a ...