As 2022 gets underway, the decentralized finance (DeFi) sector of the cryptocurrency ecosystem appears to be gaining momentum in what could be an echo of the bullish market seen in seen in early 2021. Data from crypto market intelligence firm Messari shows that over the past 30 days, five out of the top 10 DeFi …
Continue reading “3 key metrics show DeFi’s TVL on the verge of a new ATH”
Banca Generali, an Italian bank offering private banking and wealth management financial services to high-net-worth individuals, will enable its customers to buy and sell Bitcoin (BTC). According to a We Wealth report, Banca Generali, which boasts approximately $87 billion in assets and over 300,000 customers, is partnering with Bitcoin mobile wallet Conio to offer the service …
January 5, 2022 – Hong Kong, China TDX Strategies has today announced the closing of a Series A funding round led by Transcend Capital Partners. Gobi Partners, Baboon VC and Double Peak Group, as well as numerous individual strategic investors, also participated in this round. Existing investors include Alameda Ventures and IWM Ventures. This new financing …
Long-term holders bought into Bitcoin (BTC) in a huge way last year, according to crypto analytics firm Glassnode. In a new report, the firm notes long-term holders (LTHs) of BTC, entities that have kept their Bitcoin dormant for 155 days or longer, went through a “massive accumulation phase” in 2021, buying up more than 2.42 …
Bitcoin (BTC) and most major altcoins are stuck in a tight range with bulls buying near the support and bears selling at resistance levels. Usually, such tight ranges are followed by an expansion in volatility. Although a few analysts have not ruled out a quick drop to low $40,000s, most traders expect Bitcoin to rebound …
Continue reading “Price analysis 1/5: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE”
Binance Smart Chain-based yield farming protocol Arbix Finance was identified by blockchain security company CertiK as a rug pull. According to the firm’s incident analysis, there were several reasons why the project was flagged. The security firm states that “The ARBX contract has mint() with onlyOwner function, 10 million ARBX tokens were minted to 8 …
Continue reading “CertiK identifies Arbix Finance as a rug pull, warns users to steer clear”
Cryptocurrency had a thrilling year in 2021, particularly with Ethereum and other altcoins. Now it looks like Estonia will be adding cryptos to its official regulations. Ethereum witnessed a considerable increase, making it the leading position in the crypto market. For the year ahead, there are some predictions regarding actions from governments. 2022 is expected …
Continue reading “Estonian Government Plans To Legalize Cryptocurrency”
There is no doubt that 2021 was a great year for the crypto industry as the space witnessed a level of interest never seen before in its entire history. This could be seen with the level of institutional interest and investment in the space which rose massively within that period. Crypto institutional investments top $9 …
Online vacation rental marketplace Airbnb may soon be adding crypto as a payment option. Soon after the new year, CEO Brian Chesky asked Twitter, “If Airbnb could launch anything in 2022, what would it be?“ Chesky whittled down the 4,000 comments to derive the six most common suggestions. Top of the pile was bringing crypto …
Continue reading “Airbnb CEO hints heavily at adding crypto as a payment option”
Towards the end of last year, the total value of assets locked in decentralized finance plunged to around $230 billion. However, since that low, the space has seen a steady rise of up to 12% in its TVL, with the first four days of this new year accounting for 4% of the rise — an …
Continue reading “DeFi starts year strongly, TVL rises by 4%”
Zebec, a programmable cash stream protocol, has partnered with Visa to join the exclusive Visa Fintech Fast Track Program. According to a press release shared with CryptoSlate, Zebec is the first Solana-based project accepted to the Visa program, which supported companies such as Stripe, Chime, and Crypto.com. Continuous payments are coming to Solana and Visa …
Continue reading “Visa onboards first Solana project to its Fintech Fast Track program”
The Animoca Brands subsidiary and blockchain-based virtual world, The Sandbox, has announced the firm has made multiple partnerships in Hong Kong, and has plans to create a “Mega City” in the metaverse. Partners who acquired land in The Sandbox to build Mega City include Hong Kong tycoon Adrian Cheng, professional services firm PWC Hong Kong, …
Leading non-fungible token (NFT) marketplace Opensea announced the firm has raised $300 million in a Series C funding round led by Paradigm and Coatue. Opensea’s latest capital raise has propelled the company to a $13.3 billion post-money valuation. Opensea Raises $300 Million, Commands Post-Money Valuation of $13.3 Billion In mid-November, a report authored by theinformation.com’s …
press release PRESS RELEASE. Blockchain history was made earlier this week. Thanks to more than 2,560 DAO votes in a Snapshot proposal, the Panther Protocol was voted to be launched in a private, decentralized manner. This constitutes the very first event of its kind, a feature that sets Panther a step towards its mission to …
The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply. Kosovo Authorities Ban Crypto Mining to Save Needed Energy The …
Continue reading “Kosovo Halts Cryptocurrency Mining Amid Energy Crisis”
