Two blockchain entrepreneurs have launched a new cryptocurrency fund designed to bootstrap promising Web 3 startups, sending a strong signal that venture capital is eyeing the next builders of the decentralized internet. On Friday, Kevin Chou and Mahesh Vellanki unveiled SuperLayer, a crypto venture studio building Web 3 projects directly on the Rally network, a …
Continue reading “Rally founders launch crypto venture studio backed by a16z partner”
The promise of a longer and healthier life has dominated both cultural and medical discourse for centuries. From the first accounts of Nicolas Flamel’s philosopher’s stone granting immortality to the latest superfood that promised to reverse aging, we are captivated by the idea of a longer and more vibrant life. Encouragingly, the longevity sector has …
Continue reading “The future of longevity lies with digital currency visionaries”
Ubisoft, one of the world’s largest video game companies — responsible for creating popular franchise games such as Assassin’s Creed, Far Cry and For Honor — hosted its Q2 earnings call this week, where blockchain was a key topic of discussion. Alongside reporting a 15% increase in unique active players in the first half of …
Continue reading “Ubisoft will seek to invest in and create blockchain games”
Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter. The DeFi space was full of fundraising this week. Read on to discover where the venture capital firm led by Reddit’s co-founder is making notable investments. What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s …
Continue reading “Finance Redefined: Near’s $800M fund, Miami embraces crypto, Oct. 22–29”
A survey poll conducted on 1004 young adults (aged 18-29) by the University of Chicago, has found that approximately 34% of traders were people of color who had actively purchased crypto in the past 12 months. African-Americans and their inclination towards crypto Many African Americans have dived deep into the world of cryptocurrency to search …
Continue reading “African-Americans are leading cryptocurrency investments, study shows”
WOO Network today announced WOOFi, a new capital-efficient DEX powered by institutional hedging and market-making techniques, would be used alongside Chainlink to create institutional-ready market data oracles. Since Spring of 2021, the WOOFi Swap proof of concept on BSC and Polygon has traded nearly $4 billion in volume, demonstrating the effectiveness of the market-making algorithm …
Continue reading “WOO Network will use Chainlink to launch customized institutional oracles”
Step Finance, the so-termed front page of Solana, has launched the industry’s first farm creator where projects can seamlessly create emissions pools from Step’s website, creating a level playing field for big and small projects and bringing high DeFi yield and earning opportunities to all Solana projects. Easier DeFi on Solana DeFi opens up opportunities …
Continue reading “Permissionless staking and farming comes to Solana (SOL) with Step Finance”
On October 29, the total value locked (TVL) in decentralized finance (defi) protocols is around $243 billion with Curve capturing 7.76% of the dominance. Meanwhile, as ethereum has the largest dominance of TVL in defi, a number of alternative blockchains are seeing significant increases every week. Moreover, the TVL in cross-chain bridge technology has reached …
The NBA team Dallas Mavericks has partnered with crypto platform Voyager and is offering its fans a $100 bonus in bitcoin to sign up and trade crypto on the partnered platform. “We’re going to come up with new ways to introduce Mavs fans to cryptocurrency and help them understand it,” said Mark Cuban, the owner …
Nine days ago, bitcoin reached a new all-time high (ATH) and now the second leading crypto asset ethereum has tapped an ATH on Friday morning. Ethereum reached a high of $4,416 per unit and has since retreated around 2% down from that price position. Ethereum Reaches New All-Time Price High The second-largest crypto market capitalization …
Continue reading “Ethereum Captures New All-Time Price High — ETH Market Cap Surpasses $510 Billion”
The head of research at blockchain analytics firm IntoTheBlock is giving his perspective on what the brand new Ethereum (ETH) upgrade will mean for crypto traders. In part two of his in-depth analysis on the transition to Ethereum 2.0, blockchain researcher Lucas Outumuro shares his thoughts on Ethereum’s Altair upgrade that officially launched on October …
A new token, Squid Game (SQUID), inspired by the eponymous Netflix show, has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token. “We have received multiple reports that the users are not able to sell this token in Pancakeswap. Please exercise caution while trading,” …
Continue reading “Users unable to sell Squid Game token clocking 45,000% gains”
Facebook’s decision on Oct. 28 to rebrand itself to Meta — to indicate its plans to build an avatar-filled metaverse — helped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects. Decentraland, a virtual place with its own economy, currency (MANA) and social events — accessible to anyone with a web browser — saw …
Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from launching such tools. Tinkoff Investments head Dmitry Panchenko claimed that the bank’s brokerage portal is considering projects related to cryptocurrency investment, but it’s too early to discuss specific ideas. The …
Continue reading “Major Russian bank explores crypto investment amid strong demand”
Major cryptocurrency exchange Huobi ended futures and other derivatives trading in mainland China on Friday, as planned. Earlier this month, the cryptocurrency exchange announced on its website that it would settle all futures contracts and other derivatives activities for all Chinese consumers on Friday as part of the larger plan to cease operations in the …
Continue reading “Huobi closes crypto derivatives as part of wind-down for Chinese traders”
