Cross chain DeFi hub Umee’s token sale on Coinlist has broken the record for user interest on the platform and concluded with nearly $32 million raised. Coinlist reported that more than 922,000 Coinlist accounts had registered for options 1 and 2 of the UMME token sale, which is the highest number ever for a token …
Continue reading “Cross chain DeFi hub Umee raises $32M with Coinlist token sale”
Rocket Pool, a decentralized Ethereum 2.0 staking platform has surpassed $350 million worth of total value locked (TVL) within five weeks of its official launch. The project aims to remove the barriers to entry for Eth2 stakers and node operators. It allows any user to run a node for 16 ETH ($59,000), which is half …
Continue reading “Eth2’s Rocket Pool reaches $350M TVL and 635 node operators in five weeks”
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. As the calendar year comes to an end, Cardano’s personable leader Charles Hoskinson shares a message of optimism, unity and collaboration for the future of crypto. As a gesture of goodwill for the holiday season, this week our long-form DeFi newsletter will be published in …
Efinity joins the league of Polkadot parachain slot auction winners–Acala, Moonbeam, Astar, Parallel Finance, and finally, Clover Finance. In order to win the auction, contributors and investors vote by staking Polkadot’s native cryptocurrency–DOT. The sixth parachain slot goes to Efinity According to Enjin’s Twitter announcement, Efinity won its slot with 7.7 million DOT contributed by …
Continue reading “Efinity becomes the winner of Polkadot’s sixth parachain auction”
Mid-December saw Nike announce the acquisition of RTFKT Studios, which they describe as “a leading brand that leverages cutting edge innovation to deliver next-generation collectibles that merge culture and gaming.” The sporting goods giant did not disclose the terms of the deal. But given RTFKT’s track record in the NFT space, almost everyone agrees this …
Continue reading “Nike makes crucial Metaverse move following acquisition of NFT collectibles firm”
YetAi, an unprecedented NFT collection consisting of 8.888 unique collectibles with more than 90 traits recently announced its decision to bring artificial intelligence (AI) to the Solana blockchain. The NFT project is the first of its kind–with all NFTs being entirely generated by AI. Official launch TBA “Releasing these well-crafted, unprecedented, and super rare NFTs …
The Securities and Exchange Board of India (SEBI) has reportedly asked mutual fund companies not to get involved or invest in any type of crypto asset-based investments until the Indian government has come up with cryptocurrency legislation. SEBI Asks Mutual Fund Companies to Wait for Crypto Legislation The chairman of the Securities and Exchange Board …
Tesla and Spacex CEO Elon Musk says dogecoin is “fundamentally better than anything else” he has seen while he criticizes bitcoin. He also discussed the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, and the official currency of Mars. Elon Musk Discusses Crypto, Dogecoin, Bitcoin, Mars’ Currency, and Who Satoshi Nakamoto Is Elon Musk shared his …
By Surojit Chatterjee, Chief Product Officer 2021 proved to be a breakout year for crypto with BTC price gaining almost 70% yoy, Defi hitting $150B in value locked, and NFTs emerging as a new category. Here’s my view through the crystal ball into 2022 and what it holds for our industry: 1. Eth scalability will improve, …
Continue reading “10 Predictions for Web3 and the Cryptoeconomy for 2022”
Bitcoin has had a favorable year in 2021 but the altcoins have dominated the market. The advent of the alt seasons this year had seen multiple altcoins rally towards new highs even when market-mover bitcoin had remained stagnant at times. This move, coupled with the growth and adoption that rocked the crypto space this year, …
Continue reading “The Year Of Alt Season: Altcoins Dominate Market In 2021”
Cardano (ADA) experienced a major downtrend in the past months as the crypto market took another swing for the lows. The sixth cryptocurrency by market cap has seen a year in the green as it managed to complete several upgrades on its mainnet. Related Reading | Biggest Cardano Based Cross-Chain NFT Marketplace Verlux kicks Off …
Continue reading “Why 2022 Could Be The Best Year For Cardano, Top Bullish Predictions”
Data shows that Bitcoin has increasingly behaved like a risk-on asset in the year 2021 as its price movements have reacted to the VIX volatility index. Bitcoin Cements Itself As A Risk-On Asset During The Year 2021 As per the latest weekly report from Arcane Research, BTC has behaved like a risk-on asset this year …
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Facebook’s name change to Meta, and the announcement of its strategic pivot to becoming a Metaverse company, have sent shock-waves through the tech community. Metaverses are already considered to be the next technological great leap forward, and potentially far bigger than the internet revolution. They can be defined as a combination of multiple elements of …
Continue reading “Secretum – The Messaging and Trading App For The NFT Metaverse Era”
The argument on who really benefits from bitcoin is a long one in the making. For those who have been invested in the digital asset for a couple of years, they have obviously been making the most profit given the recent rallies in the market. However, there is still a lot of BTC that remains …
Continue reading “Bitcoin Only Works For The Wealthy, Senator Elizabeth Warren”
Some crypto market analysts are highlighting the potential for a green first week on the crypto markets in January as part of what economist and trader Alex Krüger calls the “first week of the year effect.” Krüger pointed out in a Dec. 29 tweet that for the past four years straight, Bitcoin (BTC) has enjoyed …
Continue reading “Bitcoin has risen 7% to 36% in the first week of January each year since 2018”
