The idea of Non Fungible Tokens or NFTs emerged back in 2012-13 in the form of a colored coin and was initially issued on the revolutionary blockchain of Bitcoin. Since then, the technology and the concept has evolved drastically with the advancements that have been made in the blockchain space. NFTs have transformed the art …
Continue reading “The Last Raptor: Redefining NFT from the scratch”
The world is abuzz as the metaverse goes mainstream, and one blockchain-based game is taking its unique proposition right to the bank. Metahero (HERO) utilizes 3D-scanning technology to create hyper-realistic avatars of people so that players can actually upload digital versions of themselves into the gaming environment. The project is built on the Binance Smart …
A Miami-based venture capital (VC) firm is investing $500 million into an Ethereum (ETH) competitor’s ecosystem. Blockchain VC firm Borderless Capital says the investment will go towards digital assets powering decentralized applications (DApps) built on Algorand (ALGO), a payments and decentralized finance (DeFi)-focused blockchain network. Borderless Capital previously launched a separate ALGO fund in 2019 …
Bitcoin (BTC) is in a tight battle between bulls and bears and the network is now reacting, data shows. Trackers reveal that this week, Bitcoin difficulty snapped an 18-week green streak to post its first decrease since July. Difficulty adjusts to 20% BTC price dip Amid cyclical short-term price action, concern remains that Bitcoin is …
United States-based companies are increasingly listing cryptocurrency-based investment products in Europe, with asset manager WisdomTree getting another listing for its crypto basket exchange-traded product (ETP). On Dec. 2, WisdomTree listed its Crypto Mega Cap Equal Weight ETP on Euronext exchanges in Paris and Amsterdam. Trading under the ticker symbol MEGA, the investment product is backed …
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Bitcoin Capital AG released two new exchange-traded products on the SIX Swiss Exchange: the FiCAS Active Bitcoin ETP (BTCB) and FiCAS Active Ethereum ETP (ETHB), which are actively managed by FICAS AG. Institutional investors, professional, and private investors in Switzerland, Liechtenstein, and the European Union (excluding Hungary) can now invest in the new offerings via their …
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In an interview held with News18, Subhash Garg, the former finance secretary of India, said that the news regarding India imposing a blanket ban on private crypto might be misleading considering the bill which has not yet been discussed in the parliament or has received any governmental input. Garg further stated that the proposed bill …
There is still no consensus about the best method of creating a stable currency on the blockchain. While USDT is the most popular stablecoin, many believe it is a giant house of cards capable of crashing the whole system. On the other hand, the major decentralized stablecoin, DAI, has its own set of problems, such …
Continue reading “How Abracadabra became one of the fastest-growing decentralized protocols”
SolChicks, a play-to-earn fantasy game built on Solana, has become the talk of the town after it was revealed that 113 different venture capital funds have invested in the project. Death by VC for the new Solana game? A new play-to-earn fantasy game launched on Solana caused a stir in the crypto community on Wednesday, …
Continue reading “Solana NFT platform SolChicks is backed by…113 VC funds”
South Korea’s crypto tax plans appear to have hit a snag as the country’s National Assembly has passed a bill pushing the implementation of the tax bill into 2023. South Korea’s crypto tax bill get 2023 date In one of CryptoSlate’s previous reports, it was stated that the country had proposed to impose a 20% …
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Leading cryptocurrency exchange Coinbase is all set to acquire a cryptographic security company called Unbound security, an Israel-based firm that offers a protected multi-party computational technology. The exchange is also looking forward to establishing its independent research facility in the region. Coinbase’ new acquisition offers secure crypto transactions As per the official blog post, Coinbase …
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The Nervos Network is an open Blockchain platform for innovators to build applications that are decentralized, autonomous and universally accessible. They want to create an all-encompassing architecture that allows dApp developers to build once and reach all of these users, everywhere using layer 1 + Layer 2 solutions. Ben Morris is the Director of Business …
Investments in alternative assets such as cryptocurrencies account for over half of the portfolio of non-qualified Russian investors, a recently held survey has indicated. Almost half of them consider digital currencies like bitcoin as a potential hedge. Cryptocurrencies Outperform Traditional Currencies and Stocks in Russia Alternative investments like crypto, real estate, and antiques constitute more …
On November 30, the crypto firm Blockchain.com announced it acquired the Argentina-based investment platform Sesocio. According to the firm, the acquisition will give the company’s global workforce an aggregate headcount of 400 Blockchain.com employees worldwide. Blockchain.com’s Global Headcount Grows to 400 After Acquiring the Crypto Investment Platform Sesocio At the end of March, Blockchain.com raised …
Continue reading “Blockchain.com Acquires Latin American Crypto Investment Platform Sesocio”
Popular crypto analyst Jason Pizzino is detailing which altcoins he believes are primed to surge over the next few months. First on Pizzino’s list is Curve Dao Token (CRV), the governance token for Curve Finance, a decentralized exchange for stablecoins. Pizzino tells his 244,000 YouTube subscribers that CRV’s Bitcoin chart looks bullish. “Will it pump …
