The private equity firm’s latest move demonstrates that traditional investment firms have started buying Web.3.0 projects as part of their investment thesis. A growing interest in a decentralized internet built on blockchain networks continues to incentivize big money to bet on small and medium-sized crypto firms. Silver Lake, the tech investment firm managing over $90...Read More
Blockchain gaming platform, Animoca Brands, has completed the acquisition of French game developer – Eden Games. The latter is the publisher of popular racing games including Need for Speed: Porsche Unleashed, F1® Mobile Racing, and the franchises Gear.Club, Test Drive, and V-Rally. The focus will be to capitalize on enhancing its REVV ecosystem while introducing...Read More
The United States continues its exploration of a central bank digital currency (CBDC) as the main processor for US securities said it is developing a prototype for studying how such an asset can work in reality. The main goal is to examine how real-time transactions through cash-like tokens can pass through in the clearing and...Read More
Sky Mavis – the company behind Axie Infinity – is offering up to $1 million to anyone that can identify major security vulnerabilities in its platform. This comes after the company was struck by the largest defi hack in history, with over $600M being drained from Ronin bridge. A Call to Whitehats According to the...Read More
Uniswap Labs – the organization behind the popular DeFi exchange – announced the launch of Uniswap Labs Ventures. As such, it intends to “bring millions of people into the emerging Web3 economy” and invest in additional crypto enterprises. Enter Uniswap Labs Ventures In a recent blog post, the company said it is “proud of the...Read More
The Metaverse crypto coin gaining the most price today is none other than Monavale (MONA). Gaining over 54% in the past 24 hours, it’s clear that the market is excited about this token. Let’s look at Monavale and its token MONA and see why the price is rising so much today. What Is Monavale (MONA)?...Read More
Early today Bitcoin had plunged below $40,000 trading around $39,000. But the flagship currency has gained back its $40,000. Since the Federal Reserve started increasing interest rates in reaction to high inflation and continued geopolitical instability, Bitcoin, Ethereum, and the entire Cryptocurrency market declined in recent weeks. At the time of reporting Bitcoin Price is...Read More
[PRESS RELEASE – Please Read Disclaimer] We’re thrilled to announce that you can now find PIE on Bitmart. We have listed on our first crypto exchange and you can now trade your PIE on Bitmart. Our token was also audited by Haken to ensure the security of the Pie token. To align all of these...Read More
[PRESS RELEASE – Singapore, Singapore, 7th April 2022] MOBLAND, the first-ever Mafia-themed Metaverse has announced a partnership with Wormhole, the largest cross-chain interoperability protocol to build GameFi 2.0 cross-chain bridging solution. All the while, MOBLAND’s Mafia-as-a-DAO governance system has been the #1 NFT collection on Binance NFT (all-time volume) for 4 months running. The cross-chain...Read More
[PRESS RELEASE – Singapore, 11th April 2022] Singapore, April 12, 2022 – TiTi protocol announces a successful fundraising round of $3.5 million, led by The Spartan Group, with participation from SevenX Ventures, Incuba Alpha, DeFi Alliance, Agnostic Fund, Fourth Revolution Capital (4RCapital), Solidity Venture, and other institutions, as well as other individual investors including 0xb1...Read More
By George Liu and Matthew Turk In part one of this quant research piece, we introduce the decentralized finance (DeFi) collateralized lending platform known as Compound Finance and discuss its use case for stablecoins, in comparison to the notion of a “risk-free” interest rate from traditional finance (TradFi). Our goal is to tie these concepts...Read More
Crypto research and portfolio tracker, CoinStats, raised $3.2 million in the latest funding round led by Alex Pack’s Hack VC. Other participants also included a myriad of other funds, including Mike Dudas’s 6th Man Ventures. The funding will be deployed to develop new features to expand DeFi to millions of users. CoinStats’ DeFi Expansion As...Read More
Asset manager IDEG has unveiled Ethereum Enhanced Portfolio as part of its new TIMES suite of products with Coinbase Prime as its strategic partner. The new fund will be part of the “TIMES” suite of products, which stands for – Trust, Interest, Mining, Yield Earnings, and Structured Solutions. TIMES Suite of Products The new actively...Read More
The Japanese multinational video game and entertainment company – Sega Corporation – revealed it will launch its “Super Game” initiative. The latter will encompass several different games, as some of them will include NFT technology, producer Masayoshi Kikuchi said. Sega Joining the NFT League During the last several months, non-fungible tokens have emerged as a...Read More
Avalanche (AVAX) Price The recent price slash pushed the AVAX price beneath the strong support line which indicated a bearish outlook. Moreover, the asset showcased a considerable drop in the buying pressure in the past week which hampered the volatility of the asset. And hence when the price was all set to test the higher...Read More
Underscoring the role of India in web3 and the metaverse, Binance Founder and CEO Changpeng Zhao said the nation is a “natural frontrunner” in the evolution of the next generation of blockchain applications. “India is a huge market, as well as a leader in technology, and therefore will be a natural frontrunner for web 3...Read More
Sony and KIRKBI, the company behind The LEGO Group, are teaming up to fund Epic Games’ new venture focused on the metaverse. On April 11, Epic Games, an American video game development company, announced the raising of $2 billion —1 Billion USD from Sony and 1 Billion USD from KIRKBI — to build a metaverse....Read More
