While non-fungible token (NFT) assets have been raking in millions, numerous NFT projects like Cryptopunks, Meebits, and Bored Ape Yacht Club (BAYC) have been outpacing the competition. The BAYC NFT collectibles is a collection of 10,000 Bored Ape NFTs and just recently the project sales volume has risen exponentially as it rests just below Cryptopunks …
Monthly archives: August 2021
Soccer Giant AC Milan Seals Sponsorship Deal With Crypto Exchange Bitmex
Italian soccer club AC Milan and Bitmex have reached a long-term partnership agreement that will put the logo of the cryptocurrency exchange on Milan’s jerseys. As part of the sponsorship deal, Bitmex will become Milan’s ‘official sleeve’ and ‘crypto trading’ partner. Bitmex Brand to Feature on Sleeves of Milan Playing Kits Bitmex, a leading crypto …
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Yearn Finance Price Jumps 7% to $38,101 – Where to Buy YFI
The cryptocurrency market has done quite well in the past weeks. However, some stagnation in this price trend has led to BTC retreating below the $45K significant mark created at the beginning of the week. However, this slight decline has not prevented altcoins from making their gains. Yearn Finance is trading at $38,101 at the …
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TRON Price Gains 8.1% to $0.0861 – Where to Buy TRX
The TRON coin has been among the best gainers in the cryptocurrency market. TRX, just like most altcoins, has been on a steady uptrend since late July. The uptrend has led to the altcoin making new highs and breaking significant barriers. TRON is trading at $0.0861 at the time of writing after an 8.1% gain …
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Ripple Price Gains 9.3% to $0.981 – Where to Buy XRP
Ripple’s XRP is one of the greatest beneficiaries of the recent crypto market bulls. The coin has managed to go to new monthly highs, with this uptrend causing a surge in XRP’s market cap, which is now above $45 billion. Ripple is currently ranking sixth in market cap, and it is among the best-performing tokens …
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BitTorrent Price Up 15.3% to $0.00461 – Where to Buy BTT
The cryptocurrency market rebounded in late July, and many coins have made significant gains. BitTorrent, one of the popular altcoins, has also made similar gains and has managed to go up by a significant percentage compared to what it was trading at on July 19, when the market had a sudden pullback. BTT is trading …
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Litecoin, Chainlink, Uniswap Could All Be Ready for Fireworks, According to Crypto Analyst Nicholas Merten
Crypto analyst Nicholas Merten is bullish on the altcoin market at large. The popular trader tells his 465,000 YouTube subscribers that altcoins have room to regain some dominance after Bitcoin’s big move to a recent high of about $46,500. ADVERTISEMENT “If you are in the belief that we’ve just gone through a mid-cycle correction, …
Crypto and blockchain investments have already doubled 2020: KPMG report
Crypto and blockchain investments continue to grow thanks to the ever-rising investor interest, according to a new report from Big Four accounting firm KPMG. Titled “Pulse of Fintech H1 2021,” the study covers global investment activities in different financial technology verticals for the first half of the year. It details 2,456 investment deals worth $98 billion made …
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Ethereum network congestion temporarily shuts down crypto gaming casino
Congestion on the Ethereum network has forced an online casino to close shop. The development came into light after KingTiger Casino’s official website announced the company’s temporary closure of services. According to KingTiger’s statement: “We have had to temporarily close our casinos due to the Ethereum network congestion, making it impossible to run our games …
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Alex Saunders sued for $350K by Nuggets News follower
Australian crypto influencer Alex Saunders is being sued by a disgruntled follower of his YouTube channel and advice service Nuggets News. The plaintiff, New Zealand-based Ziv Himmelfarb, filed a formal written order on Aug. 11 in the Victorian Supreme Court demanding that Saunders repay 479,270 Australian dollars ($353,027) in losses and damages for unpaid loans …
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SushiSwap CTO reveals why the project isn’t scaling on Optimism anytime soon
The chief technology officer of the SushiSwap decentralized exchange has revealed why the protocol is no longer keen to scale using layer two solutions from Optimistic Ethereum. The layer two solutions provider OΞ whitelisted several projects last year including Uniswap and Synthetix, granting them preferential access to its platform as it was being built. SushiSwap …
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Uniswap has now generated more than $1B in fees for liquidity providers
Leading decentralized exchange, Uniswap, has become the first DeFi protocol to generate more than $1 billion worth of platform fees for liquidity providers. On August 10, Lucas Outumuro, head of research at crypto data aggregator IntoTheBlock, shared a chart to Twitter showing that the combined fee revenues of Uniswap’s v2 and v3 Ethereum mainnet deployments …
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Chilean Peso stablecoin goes live on Stellar Network
A new stablecoin pegged to the value of the Chilean Peso is now live on the open-source Stellar payments network — but is yet to prove popular with users. Chile-based firm CLPX Inc launched what it describes as the first-ever Chilean Peso pegged stablecoin dubbed the “CLPX” token. According to the public ledger on Stellar …
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Dutch Bitcoin family reveals how they safeguard a fortune in crypto
A family that went all-in on Bitcoin back in 2017 has revealed their secrets to safeguarding the asset now that it has increased in price by around 5,000%. The Dutch family of five’s storage plan includes a series of secret locations spread across four different continents. In 2017 the ‘Bitcoin family’ liquidated all of their …
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Ripple (XRP) will now scale remittances between Korea and Thailand
A major South Korean remittance service provider partnered up with Ripple in a bid to power up payments between the country and Thailand. Set to expand into additional remittance corridors, GME Remittance joined a flock of Korean financial institutions and money transfer companies already on RippleNet, as the blockchain-based payments company continues bolstering its presence …
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