Splinterlands ”Chaos Legion Pack” Sales Boom Shifts Millions of Items

Splinterlands, the most popular NFT-based play-to-earn card game on the web, has successfully begun its long-awaited general sale for its newest Chaos Legion card packs. The general sale phase officially began yesterday and a total of over 6 million packs in total have already been sold – over 40% of the 15 million packs available.  …

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Cryptocurrency is vital to the global economy—and cloud mining is no exception. Cloud mining involves earning cryptocurrency by renting processing power from a remote data center. By doing so, users can mine bitcoins or other cryptocurrencies without the need to manage the hardware themselves. But how can users make money with cloud mining? What is …

Binance is pursuing Thailand as the next location for crypto exchange expansion

Working as one of the world’s largest cryptocurrency exchange platforms, Binance is all set to mark its strong presence in Thailand with a strategic collaboration with Gulf Energy Development PCL. The integration will play a significant role in reinstating its powerful cluster of crypto tools and services for Thailand’s native crypto investors through its upcoming …

Central Bank of Malaysia Probes Into CBDC Research

Malaysia has emerged as the latest country to join the list of the countries looking forward to exploring the virtual currency space with a government-regulated CBDC project. The constant surge in the popularity of cryptocurrencies has made financial regulators and governments from across the globe give serious thought to a project that is a perfect …

OpenSea Surpasses $3.5B in Monthly Trading Volume with NFT Craze

Considering the whopping success of Non-Fungible Tokens since the start of 2022, it won’t be wrong to say that NFTs will soon emerge as the undisputed leader of the investment sector. The growing craze in digital collectibles has given a huge push to the business houses and firms involved in NFT trading like the globally-acclaimed …

Decoding VeChain Thor: Evolution of VeChain

VeChain is a blockchain-based innovation that may be used to help with a wide range of commercial tasks. VeChain, known for its blockchain-based supply chain management services, monitors each level of the chain to ensure that quality and compliance criteria are fulfilled. It tracks every step of the process using physical tracking sensors. Because records …

Four Under-the-Radar Altcoins Explode 113% or More in Just Seven Days As Bitcoin (BTC) and Ethereum (ETH) Trade Sideways

Four low-cap altcoins are erupting, printing massive gains this week as large-cap crypto assets Bitcoin (BTC) and Ethereum (ETH) continue to consolidate. One of the hottest altcoins this week is LOOKS, the token of community-first non-fungible token (NFT) marketplace LooksRare. LOOKS has a market cap of over $627 million and surged from a seven-day low …

NFT-focused Animoca Brands valued at $5B following $358M raise

Hong Kong-based software and venture firm Animoca Brands has secured $358.8 million in capital investments to fuel new acquisitions in the nonfungible token (NFT), gaming and metaverse sectors, further cementing crypto’s biggest trends in 2022.  The funding round was led by Liberty City Ventures and had participation from some of blockchain’s biggest venture funds, including …

UK Treasury wants to remove blockchain reference from crypto definition

The United Kingdom is actively looking to regulate the crypto market and has proposed many new policies to bring various crypto markets under the rule of law. However, among the various newly proposed suggestions, what turned many heads is the request to remove blockchain and Distributed Ledger Technology (DLT) references from the definition of crypto …

Multichain asks users to revoke approvals amid ‘critical vulnerability’

Cross-chain router protocol Multichain (formerly Anyswap) urges users to revoke approvals for six tokens to avoid loss due to a “critical vulnerability” that is currently being exploited by malicious individuals. Users who approved WETH, PERI, OMT, WBNB, MATIC and AVAX on the Multichain platform are now at risk, experts warn. To avoid loss, the Multichain …

Bitcoin miner Rhodium set for IPO, valued at $1.7 billion

The first IPO for the crypto industry in 2022 comes from a Texas-based Bitcoin (BTC) mining company, Rhodium Enterprises. In an SEC filing made last week, Rhodium plans to offer 7.69 million shares at $12-$14 each in an initial public offering (IPO). Trading under the ticker “RHDM” on Nasdaq, 56.8 million class A and 67.5 …

Is the Crypto.com “unauthorized activity” event bigger than first thought?

Crypto.com CEO Kris Marszalek plays down Monday’s “unauthorized activity” event, saying more information will come following the results of an internal investigation. Some users reported suspicious account activity in the days preceding, leading to the exchange suspending withdrawals. According to Bloomberg, tens of thousands of dollars were lost from Crypto.com accounts as a result. However, …

Onomy Protocol’s hybrid DEX and Forex marketplace comes to NEAR via Aurora

Onomy Protocol is proceeding with its plan of converging Forex and DeFi markets, announcing a collaboration with NEAR and Aurora. Through the use of stablecoins, Onomy plans to empower institutions to onboard their fiat exchange operations on-chain and, further down the adoption line, serve as the world’s decentralized reserve bank.  In line with this ambitious …

Bitpay Statistics Show the Use of Bitcoin for Payments Is Dwindling

The use of bitcoin as a digital currency for payments has gone down significantly, according to the numbers stemming from Bitpay, one of the leading cryptocurrency payments processors. While most of the purchases were made with bitcoin back in 2020, this dominance has dwindled, opening the space for other tokens and currencies, such as ethereum …

Crypto Job Postings Increased 400% in 2021 According to Linkedin

According to new data from Linkedin, a professional work-based social network, the number of cryptocurrency-related job postings soared in 2021. The increase was even higher than the general increase in tech-related job postings. The nature of these posts is also diversifying, with various industries requiring people with crypto know-how. Linkedin Says Crypto Jobs Are on …

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