The French game developer has doubled down on its cryptocurrency endeavors by backing a digital assets fund in fundraising that could go up to $120 Million. The fund will focus on small and medium-size crypto companies working towards the mass adoption of digital assets. Ubisoft Leads a Crypto-Centric Investment Ubisoft, the video game studio that...Read More
According to a recent research conducted by Nasdaq, 72% out of 500 financial advisors will be more likely to invest client funds in digital assets if the US watchdog greenlights a spot ETF. Among those already part of the market, 86% said they will increase their exposure over the next 12 months. Spot Bitcoin ETF...Read More
A series of cyberattacks breached multiple Twitter accounts associated with the administrative and legislative bodies of India in the past few days. NFT-related content that promoted a project called “Azuki” was posted on the compromised accounts, making people speculate that the hackers were conducted by the same individuals or entities. The most recent victim came...Read More
As Ethereum approaches its long-awaited transition to proof of stake, developers have launched the mainnet’s first “shadow fork”. Its purpose is to stress-test existing assumptions about testnests and the mainnet. Preparing for the Merge According to Ethereum Foundation Developer Parithosh Jayanthi, the fork adds merge related fields to the configs of existing testnets. “In doing...Read More
Starting immediately and as part of an effort to increase transparency by providing as much information symmetry as possible, Coinbase will be using this blog post as a pilot to communicate assets under consideration for listing in Q2 2022 (April 1st, 2022 to June 30th, 2022). April 1 — June 30 2022 Roadmap The following...Read More
[PRESS RELEASE – Please Read Disclaimer] EcoTerra proposes an environmental conservation movement by financial strategies through blockchain technology because of the powerful effects of climate change. They are launching a product that uses blockchain technology to help raise funds and make the fight against climate change transparent. Fighting for a Healthier Environment EcoTerra aims to...Read More
Cardano has long been one of the most heavily-discussed projects within the cryptocurrency space, and this became even more so once they launched smart contracts after years of peer review and development. This spurred serious activity on the network, and many projects came to light with teams trying to develop interesting and unique use cases....Read More
American asset management company Ark Invest has sold its holdings of fintech giant PayPal and backed Bitcoin-friendly Cash App. This comes after Cathie Wood, CEO of Ark Invest, revealed her preference for Block’s (formerly Square) Cash App over PayPal’s Venmo at the 2022 North American Bitcoin Conference in Miami. Backing Cash App Wood believes Cash...Read More
Ever since the Cryptocurrency market has entered the correction phase where Bitcoin, Ethereum and other altcoins have retraced back, investors and traders have started to question the market stability. With this ongoing surge and plunge game, Axie Infinity too has been dragged towards bearish market. Axie Infinity Drops By 30% Axie Infinity recently lost $625...Read More
An executives team from the Bank of America will run a development unit for Cooper Technologies as the latter wants to build prime brokerage platforms focusing on digital assets, citing enhanced demand from institutional investors. As reported by Bloomberg, the London-based digital asset custodian hired the former BofA executives to meet the growing demand from...Read More
KuCoin’s first IGO Pikaster’s round one presale for the Origin Eggs sells out in minutes. The 3000 Original Mystery Eggs sold out within minutes after going live earlier today, April 11th, at 12 PM UTC. The good news is, if you’re looking to get in on the hype, you still have time to join the...Read More
Arthur Hayes also believes that Ethereum’s price could fall to $2,500. The gradual uptick in the price of prominent cryptocurrencies from last month appears to have cooled amid the development of new regulations in both the UK and the US. BitMEX co-founder Arthur Hayes believes that another crypto carnage may just be around the corner....Read More
Called TONcoin Fund, the initiative will become the very first ecosystem fund that’s entirely dedicated to supporting founders who build on The Open Network. The raise saw participation from leading industry moguls like Huobi Incubator, Kucoin Ventures, the MEXC Pioneer Fund, TON Miners, 3Commas Capita, and Kilo Fund. The TON Foundation will be providing grants...Read More
Of late the crypto market is submerged into a bearish pull with Bitcoin retracing below $42,000. This has forced other altcoins too to follow Bitcoin. The global cryptocurrency market capitalization has drastically fallen below $2 trillion positioning at $1.88 trillion with a fall of 4.63% over the last 24hrs. Where Is Bitcoin, Ethereum & Ripple...Read More
Varun Paul – Head of the Fintech Hub at the Bank of England – parted ways with the institution after spending more than 13 years there. He will take a role at the cryptocurrency security company Fireblocks. Onto the Next Chapter In a recent post on LinkedIn, Paul announced he will leave the Bank of...Read More
Abstract We take a look at where we are in the Bitcoin mining cycle. We compare current market conditions to the gold mining industry in 2012 to 2014 and note the mad rush of capital flowing into the space. We project significant increases in both the network hashrate and financial failures in the mining space,...Read More
In an interesting twist of events, Tesla’s CEO – Elon Musk – decided not to join the board of directors of the social media platform Twitter. The company’s Chief Executive Officer – Parag Agrawal – claimed, “this is for the best.” Last week, Elon Musk purchased more than 70,000,000 Twitter shares or 9.2% of the...Read More
Three days after Coinbase launched trading services in India, claiming support for the popular payment instrument Unified Payments Interface (UPI), the firm disabled the function and virtually stopped offering users the option to buy on Sunday. The Coinbase app is, however, still allowing customers to sell through IMPS (Immediate Payment Service). Coinbase launched trading services...Read More
Polygon fans – this one’s for you. MATIC is arriving to the BitMEX ecosystem. We’re about to launch MATIC (ERC-20) support, meaning you will soon be able to: Buy MATIC with 36 fiat currencies. Convert Tether (ERC-20) into MATIC, and vice versa, with no hidden fees or the need to worry about slippage. Deposit and...Read More
Less than a month after receiving a limited crypto asset license in Dubai, the world’s leading cryptocurrency exchange obtained an In-Principle Approval from the Financial Services Permission of Abu Dhabi Global Market. The press release shared with CryptoPotato informed that the new licensing will allow Binance to operate as a broker-dealer for cryptocurrencies within the...Read More
The Luna Foundation Guard (LFG) pool has bought Bitcoin yet again. The pool currently holds almost 40,000 BTC, worth some $1.675 billion at the time of this writing. Luna’s LFG pool has added another batch of Bitcoin to its stash – over 4,000 BTC, to be precise, which is worth some $176 million at the...Read More
[PRESS RELEASE – Venice, United States, 7th April 2022] Algorand Foundation-backed project Smile Coin has released the public Testnet-version of their highly anticipated Web3 SDK. The SDK allows any Web2 platform to become a Web3 platform with only 10 lines of code. The SDK creates a payment gateway that enables gaming companies to accept payments...Read More
[PRESS RELEASE – Prague, Czech Republic, 6th April 2022] DAO Maker, the leading IDO and IGO launchpad for cryptocurrency projects, ventures into the world of NFTs. More specifically, the team is launching an NFT launchpad, with the first project being the Maradona D10S NFT collection. It is the first-ever Maradona-licensed collection to come to market,...Read More
Bitcoin was trading at its long-term support level during the prior day’s session, while the crypto markets continued to fall. This week, the price of bitcoin has dropped even further after a brief dip to $43,000 at the start of the week. As a result, unless Bitcoin price action can clearly rebound above $42,000, the...Read More
