The popular ecosystem for non-fungible tokens – Enjin – launched the first NFT parachain on Polkadot. Following the initiative, the former vowed to support CryptoBlades and its more than one million users. The First NFT Parachain Launched on Polkadot At the end of 2021, Enjin’s NFT project – Efinity – won Polkadot’s last parachain auction...Read More
Mark Zuckerberg – CEO of Meta (formerly Facebook; owner of Instagram) revealed today that Instagram will be integrating NFTs into its platform. Speaking at SXSW, the billionaire confirmed that the digital collectibles would come to Instagram “in the near term”. He shared little detail about what role NFTs would play on the platform, but suggested...Read More
Lack of expertise in blockchain and digital currencies is making investigations into fraud cases not only tricky but also susceptible to new scams. In one such case, the police in Indian city Pune have arrested two persons who were hired to help the probe into a crypto fraud case registered in 2018. What is the...Read More
Elliptic – a blockchain forensics firm – has reportedly given authorities information about a digital wallet that could possibly be linked to sanctioned Russian entities. It apparently stores “significant asset holdings,” amounting to millions of dollars worth of crypto. Caught Using Crypto? In an interview with Bloomberg on Monday, Elliptic co-founder Tom Robinson noted that...Read More
The global cryptocurrency market continues to spectate a host of events running across a plethora of protocols from its directory. This time around it is Polygon, which is back to talks amongst folks in the business. Folks from the business keen on the fast evolving world of technologies, are now looking forward to Polygon’s building...Read More
The Japanese authorities reportedly urged local cryptocurrency platforms to stop facilitating digital asset transactions subject to sanctions against Russia and Belarus. The Asian nation is among the superpowers that imposed financial penalties on the largest country by landmass. Previously, Japan froze the assets of nearly 50 Russian and Belarusian oligarchs alleged to be part of...Read More
Deloitte believes Bitcoin and cryptocurrencies can help deliver a payment system that is fast, secure, effective, can facilitate efficient cross-border transactions, but there are challenges to overcome first. In the latest study called ‘State-sponsored cryptocurrency,’ Deloitte provided a fresh perspective of a central bank’s digital currency by revamping the traditional fiat system and adapting Bitcoin’s...Read More
ConsenSys – a leading Ethereum software company – just announced another $450 million in Series D funding. This brings the company’s total valuation to over $7 billion. This more than doubles ConsenSys’s valuation since its $200 million Series C raise last November. According to a press release from the company, the funding will be used...Read More
The cryptocurrency platform – FTX – has reportedly received regulatory approval to establish a regional headquarters in Dubai. According to FTX Europe’s Head Patrick Gruhn, the biggest city in the UAE provides “certainty and credibility,” which were key factors for the company to choose this destination. In addition, the local watchdogs greenlighted Binance to set...Read More
Thorchain (RUNE) Thorchain price broke out from the descending trend since the beginning of the month as it received a huge influx of volume. The monthly kick-started with a huge bullish note as the asset rallied more than 100%, discarding all the odds. Moreover, the RUNE price is now displaying a huge possibility of continuing...Read More
Yield-Farming and High-APY tokens are some of the most popular niche projects in the crypto space. They offer exceptionally high compounding returns and usually generate a lot of hype from the crypto community. Today we take a look at the latest craze in crypto, RingFi, a Yield-Farming token recently listed on CoinMarketCap that gained over...Read More
Crypto mixer, which can obfuscate data linking a user to certain transactions, is designed to preserve privacy. But it also makes an obvious hotbed for all sorts of illicit activities. Hence, governments and regulators have expressed concerns over such protocols. The UK’s National Crime Agency (NCA) is the latest to call for regulating protocols that...Read More
A day after getting into a million-dollar worth bet against a cryptocurrency community member on where LUNA’s price will be in a year (lower or higher than $88), Terraform Labs CEO has doubled down by putting another $10 million in a new bet. As CryptoPotato reported yesterday, Do Kwon agreed to a $1 million bet...Read More
The world’s largest cryptocurrency exchange, Binance, has been awarded a crypto-asset service provider license from the Central Bank of Bahrain (CBB). As the company continues to face increased scrutiny from financial watchdogs elsewhere, CEO CZ stated that this license is a milestone in the platform’s “journey to being fully licensed and regulated around the world.”...Read More
[PRESS RELEASE – The British Virgin Islands, British Virgin Islands, 14th March 2022] Aboard exchange is now live on Arbitrum One, making it the first order book decentralized derivatives protocol on Arbitrum Mainnet. With L2 solutions and the order book mechanism, the Aboard exchange becomes one of the most efficient exchanges that provide a smooth...Read More
MakeMyTrip reportedly jumped on the crypto bandwagon by releasing a limited edition non-fungible token series. The digital collectibles will feature Indian landscapes as the proceeds from the sales will promote the local tourism sector. Joining the NFT Universe According to a recent coverage by Business Today, the Indian travel organization MakeMyTrip is the latest entity...Read More
