October 13, 2021

The Company Behind the World’s First Bitcoin ETF Launches Mutual Crypto Fund Units

Purpose Investments – an asset management company with $12B+ in AUM – recently announced that mutual fund units would be available for its cryptocurrency exchange-traded funds (ETFs). These include its Purpose Bitcoin ETF and Purpose Ether ETF, each directly backed by BTC and ETH respectively. Purpose Investments Mutual Fund Units As indicated in a press...
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Polkadot Parachains Ready to Launch, Auction Dates Proposed

Polkadot was first introduced in a Whitepaper almost five years ago. Now, the heterogeneous multichain network announces a massive milestone – its parachains are officially ready to launch on the mainnet. Polkadot Parachains Greenlighted Polkadot’s parachains are one of, if not the most integral component of its network. They represent diverse and specialized blockchains that...
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Lepasa: Moving NFTs Byond GIFs and JPEGs

[Featured Content] Even though NFTs have been one of the largest real-world use cases of blockchain and smart contracts to date, their adoption has been unidimensional. NFTs have been restricted to GIFs and JPEGs in popular culture, failing to incorporate the vastness the technology is actually capable of. Lepasa is a project that aims to...
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Kawaii Islands – an NFT Play-to-Earn Game – Set to Launch its Anticipated IDO

[PRESS RELEASE – Tortola, British Virgin Islands, 12th October 2021] Kawaii Islands, an NFT play-to-earn game that launched in September of this year, will be conducting an IDO via the Polkastart platform at 13:00 UTC, Tuesday (October 12, 2021) and TGE on PancakeSwap at 14:00 UTC. The token’s initial market cap stands at around $800,000...
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After Lending, Now NFT’s, Will Coinbase Venture Into the Decentralized World?

Coinbase has been one of the prominent destinations for cryptocurrency exchange. And holds a major chunk of crypto investments. Coinbase has announced plans to launch a massive NFT marketplace. Users can now signup to a waitlist for early access. Reports suggest, the NFT marketplace to have boomed, with the sales volume topping $10 billion this...
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SEBA Bank Rolls Out Yield Earning Program For Holders of Cardano, Tezos, Polkadot

SEBA Bank, a fully regulated Switzerland-based financial institution that offers several crypto services to its clients, announced that customers will now be able to earn yield on their digital asset holdings. SEBA Launches Yield Earning According to an official press release, SEBA Bank has launched a new institutional-grade solution dubbed SEBA Earn, which will allow...
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YAY Games Partners with SmartEcoSystem for Their New Smartphone Release

[PRESS RELEASE – Moscow, Russia, 12th October 2021] With the mobile trend sweeping over the world, more and more internet users spend increasingly larger amounts of time on their smartphones and tablets. Mobile gaming, in particular, has been a driving force behind the growth of the gaming industry, being responsible for almost 50% of the...
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Litecoin Decadal Celebration Turns Out Special! Ethereum Lacks Behind LTC!

Bitcoin’s brother Litecoin turned 10 years old on October 13th, 2021. Prior to the decadal celebration, altcoin outpaced Ethereum in terms of address activity for just the third time this year. With no NFTs and no DeFi built on Litecoin’s on-chain report threatens Ethereum in many ways. Let’s dive and discover in detail! Litecoin Dominates...
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Coinbase Joins the NFT Craze: Plans to Launch Its Own Marketplace

The leading American cryptocurrency platform – Coinbase – said it will launch a peer-to-peer non-fungible token marketplace called Coinbase NFT. Users can join a waitlist for early access and regular updates. Coinbase Expanding into The NFT Universe In a recent blog post, one of the largest digital asset exchanges revealed it will enable its customers...
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Derived Finance Completes $3.3M Funding Round

[PRESS RELEASE – Delhi, India, 12th October 2021] Derived Finance, a Multi-Chain Synthetics Trading Platform, successfully completed a funding round that raised over $3.3 Million across more than 30 venture funds. Some of the biggest firms in crypto investment participated in the funding round, led by GSR and including AU21, Poolz, Nabais Capital, Dweb3, Occamfi,...
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Binance to Cease Chinese Yuan Trades and Restrict Access for Users From China

In an attempt to comply with local regulations, Binance has announced it will stop servicing OTC deals involving the yuan for Chinese users as of December 31st, 2021. Shortly after the statement, the price of BTC and most of the market dipped. In an October 13th post, Binance said it will cease servicing OTC trading...
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Bitcoin (BTC) $ 94,871.42 2.37%
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Tether (USDT) $ 0.998452 0.14%
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BNB (BNB) $ 645.72 2.18%
Solana (SOL) $ 178.99 1.28%
Dogecoin (DOGE) $ 0.308244 4.19%
USDC (USDC) $ 1.00 0.05%
Lido Staked Ether (STETH) $ 3,257.81 1.72%
Cardano (ADA) $ 0.876276 3.21%