Blocto, a multichain wallet has announced the launch of a $3 million Aptos Ecosystem Fund whose objective is to help onboard new users to Aptos. Besides financially supporting projects, the Aptos fund will be used to back standout projects when they get to the “user acquisition phase.” Access to Aptos’ in-House and External Investor Base …
Monthly archives: November 2022
Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand its footprint into additional client verticals.” Bakkt to Expand Client Verticals With Different Offerings …
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Little-Known Altcoin Erupts 244% After Receiving Surprise Boost From Crypto Giant Coinbase
The price of a Solana (SOL)-based crypto asset is surging after getting support from US-based digital asset exchange Coinbase. Coinbase says its customers can now trade the altcoins Marinade (MNDE) and Marinade Staked SOL (mSOL) on its platforms following an earlier announcement that it will add these low-cap coins to its catalog of supported cryptocurrencies. …
Bitcoin Will Explode by Over 4,600%, According to Ark Invest CEO Cathie Wood – Here’s Her Timeline
The founder and CEO of investment management firm ARK Invest, Cathie Wood, is doubling down on her fiercely bullish forecast for Bitcoin (BTC). Asked in a new Bloomberg interview whether ARK Invest is still “holding on to the $1 million forecast,” Wood answers in the affirmative. According to Wood, Bitcoin could go above $1 million …
Circle starts pouring money into its Reserve Fund, aims to fill it in 2023
Circle, the issuer behind USD Coin (UDSC), announced that it has now begun to invest part of its funds in Circle Reserve Fund, created earlier in a partnership with the world’s largest asset manager, BlackRock. The move came as a part of Circle’s effort to minimize risks and guarantee its holders the redeemability of their coins. …
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DappRadar Notes An 18% Monthly Increase In Unique NFT Traders: Is Crypto Winter Finally Warming Up to NFTs?
DappRadar’s report outlines an 18% increase in the unique NFT trader count. The positive metrics denote that the NFT sector is still experiencing an influx of new people, proving that NFTs are still in great demand. NFT analytics firm DappRadar has documented an increase of 18% in monthly unique NFT traders. The report further stated …
Learn Why Tora Inu is Going to Lead the Next Generation of Meme Tokens
Meme tokens are dominating headlines, with Elon Musk’s acquisition of Twitter spurring a wave of investments in these tokens. Most dog coins – DOGE and […] Go to Source
Moonvember kicks off with sweeping staff layoffs across crypto
The crypto and tech industry has seen a slew of staff cuts this week against a backdrop of difficult market conditions, though on a positive note some are bucking the trend. Crypto companies, including crypto exchanges, venture capital firms, and blockchain developers, have been forced to reduce headcount in order to stay nimble amid the …
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‘Everything is fine’ — Gala Games calls for calm after fears of multi-billion dollar hack
Blockchain gaming company Gala Games urged its community for calm after misplaced fears of a multi-billion dollar rug pull or hack caused the GALA token to temporarily crash 25.6%. The initial panic, which Gala Games later implied was unfounded, came after a single wallet address appeared to mint over $2 billion GALA tokens out of …
NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar
October may have seen a decline in nonfungible token (NFT) trading volume and sales, but analytics firm DappRadar says an 18% growth in monthly unique NFT traders shows the market is still in “great demand.” According to a Nov. 3 report from DappRadar, the number of monthly unique NFT traders in October reached 1.11 million, …
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You have our swords: 12 independent entities pledge legal support for Ripple
Fintech firm Ripple is garnering more support from the crypto and finance industry in its ongoing battle with the United States Securities and Exchange Commission (SEC). On Nov. 4, Ripple chief executive Brad Garlinghouse proudly tweeted that the number of companies, developers, exchanges, associations, and investors officially supporting the firm has reached 12. The pile …
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Dogecoin Price Prediction Today, November 4, 2022: DOGE/USD Pushes Higher from 38.20 Fib Level
Dogecoin has created a significant opportunity for new traders to join the train and as well make a good profit from their trading. This can […] Go to Source
Lucky Block Price Prediction: LBLOCK Acquires Upside Steam
Price movements in the LBLOCK/USD market seem to have gained significant upside momentum. This can be perceived as price action sets sail towards higher resistance […] Go to Source
Coinbase burns $546M of USD resources as it reports another quarter in the red with a 55% revenue decline
Coinbase reported its third-quarter earnings after the bell on Nov. 3, revealing a decline of 55% in revenue year-over year as Q3 revenue came in at $590.3 million, down from $1.31 billion in Q3 2021. The company’s also recorded a net loss of $540.6 million, or $2.43 per share, versus net income of $402.3 million, …
CryptoSlate Wrapped Daily: Nigeria’s CBDC deemed a failure; Korea gathers more proof on Do Kwon
The biggest news in the cryptoverse for Nov. 3 includes the private conversation Korea obtained that proves Kwon purposely manipulated the LUNA price, the reveal of China’s $6 billion worth of crypto reserves, and Stripe’s decision to downsize by 14%. CryptoSlate Top Stories Korean authorities reportedly have proof of Kwon’s LUNA price manipulations Korean prosecutors …