Leading virtual asset management firm Grayscale Investments expands its comprehensive suite of digital product offerings with its latest diversified fund. Dubbed Grayscale Smart Contract Platform Ex-Ethereum Fund, the service tracks projects in the burgeoning crypto space that are underpinned by smart contract technology. Grayscale Investments has launched a diversified product fund for investors interested in …
Monthly archives: March 2022
SWAK NFT Pulls the Rug, Investors Lose More Than Half a Million
SWAK was an NFT project that saw more than half a million invested in. The token had experienced more than 2,300% rise last month. Rug pulls continue to happen in the market, which is a stain on its legitimacy. The SWAK NFT project has executed a rug pull on its investors, leading to a theft …
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Gemini to provide e-wallet services in Ireland
Gemini has received an e-money license from the Central Bank of Ireland. With this highly-acclaimed approval, Gemini has emerged as the 18th crypto brand to earn the license from the banking regulator. The popularity of cryptocurrencies has witnessed a significant surge in the financial space with investors choosing crypto assets as a high potential investment …
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Naomi Osaka Joins as Brand Ambassador of FTX Exchange
Hailing as a top-tier cryptocurrency exchange offering a diverse portfolio of coins, FTX has approached globally-acclaimed tennis sensation Naomi Osaka as the brand ambassador for its global cluster. The endorsement deal will bestow several lucrative perks to the high-ranked tennis player including an equity share in the FTX ecosystem along with an undisclosed amount of …
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Decentraland Vs. Sandbox – Which Is Best?
Individuals interested in decentralized gaming portals are familiar with Decentraland and the Sandbox. Decentraland is the very first Ethereum-based virtual environment in reality. In Decentraland, people may develop, explore, and profit from their content and apps. This framework has a lengthy history in the business. It has also produced a metaverse that gamers, programmers, and …
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Ethereum (ETH), Avalanche (AVAX) and Three Other Altcoins Showing Strength in Sideways Market: Crypto Analyst
A closely tracked crypto strategist says smart contract platforms Ethereum (ETH) and Avalanche (AVAX) and three other crypto assets are flashing signs of strength in a market that’s trading in a narrow range. In a new strategy session, pseudonymous crypto analyst Cheds says that he sees Ethereum creating a bullish continuation pattern but notes that …
Four Under-the-Radar Altcoins Erupt 100% or More in Just Seven Days, Outshining Bitcoin and Crypto Markets at Large
Four low-cap altcoins are printing gains of 100% or more over the last week, massively outperforming Bitcoin (BTC) and the rest of the crypto markets. The top gainer in the bunch is STEPN (GMT), a project that encourages health and fitness by rewarding users for participating in outdoor activities. The move-to-earn protocol employs two crypto …
Tokens pose lesser risk than gold and oil for UK investors: Survey
A survey on investors across the United Kingdom has revealed a growing interest in the new asset classes that threaten to overshadow traditional finance — driven by factors such as ease of access and an adolescent crypto market. Among the 2000 UK residents that were surveyed by OnePoll via Tokenise, 81% of the responders chose …
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Lemonade partners with blockchain bigwigs to combat climate change
Insurance company Lemonade has partnered with prominent blockchain companies to form the Lemonade Crypto Climate Coalition (L3C) decentralized autonomous organization (DAO) to protect farmers from climate change by offering blockchain-based insurance. The insurance firm founded Lemonade Foundation, a nonprofit focused on creating social and environmental change with the use of blockchain-enabled technologies. The foundation will …
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Crypto tattoos to the moon! Bitcoin and Doge ink searches doubled last year
The crypto ecosystem houses some devoted followers who got the logo of their favorite cryptocurrency etched on their skin for life. According to the latest data from Crypto Head, more than 900 people worldwide have inked themselves with the Bitcoin (BTC) “B”, while Dogecoin (DOGE) tattoos and Ethereum (ETH) tattoos are on the rise. The …
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Fight for Bitcoin: Brazilian UFC star to receive fight earnings in BTC
Ultimate Fighting Championship fighter Matheus Nicolau is the latest world-famous athlete to opt to receive his fight earnings in the largest cryptocurrency, Bitcoin (BTC). The eighth-ranked UFC flyweight fighter, Nicolau received his first salary in Bitcoin on Monday through a deal assisted by Bitwage payroll service, according to a joint announcement shared with Cointelegraph. The …
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NeoNexus Team Abandons Solana NFT Project in Possible Rug Pull
Quick take: The founder of NeoNexus has announced that the team can no longer continue developing the Solana based NFT project Jack Shi cites the drop in Solana prices as the reason for the decision and proposed handing over the project to its community Crypto-twitter has responded by suggesting that the founder and the team …
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Aavegotchi’s Play-To-Earn Metaverse Launches Soon, Setting The Bar Higher Than Ever
Aavegotchi and the Gotchiverse Pixelcraft Studios, the team behind the digital pets that double down as yield generating NFTs known as Aavegotchis, is launching its play-to-earn metaverse on March 31st. The Gotchiverse is an immersive blockchain Role Playing Game (RPG) that will allow players to earn real money by simply playing the game. Pixelcraft Studios …
Bitcoin Impulse Wave Triggered Crypto Market Surge as Whale Closed $120 Million Short Position
The crypto markets kicked off the week in barnstorming fashion with broad-based gains across a plethora of tokens. A Bitcoin impulse wave sent the world’s largest cryptocurrency by market cap into the $43k region before a slight retrace back into the $42k range. One anonymous whale is said to have triggered the spike in BTC …
Struct Finance’s customizable DeFi products raise $3.9 million
Struct Finance offers a protocol where on-chain structured products can be composed, customized and invested in so that they are better suited to different profiles of investors. They collected a total of $3.9 million from 24 elite investors, including Avalanche’s 200 Million Blizzard Fund, Antler, Avalaunch, Infinity Ventures Crypto, Keychain Capital and 0xVentures. What are structured …
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