Japan’s most popular social media application – Line – released a non-fungible token marketplace called Line NFT. Even though the company provides its services in numerous countries in Asia, the opportunity will first be available only to Japanese users. Japan’s Top Social Media Goes Into NFTs LVC Corporation (LVC) – the operator of Line’s blockchain...Read More
Circle Internet Financial, the issuer of USDC stablecoin, is planning to apply for a crypto bank license in the US in the near future. According to co-founder and CEO Jeremy Allaire, the company has been in talks with regulators on the issue since August 2021, when it first revealed plans to convert into a bank,...Read More
Five-time Super Bowl winner – The Dallas Cowboys – introduced the cryptocurrency platform BlockchainCom as its sponsor. The collaboration will roll out numerous experiences to fans, such as trips to away games and events hosted by the players. ‘America’s Team’ and BlockchainCom The cryptocurrency industry continues to engage with the US National Football League, with...Read More
Tesla CEO Elon Musk has offered to completely buy out Twitter with a $43 billion offer, in the name of free speech. He’s offering $54.20 per share for all 800,641,166 shares of Twitter’s common stock. However, one crypto investment firm doesn’t believe this is a meaningful development for freedom, given the inherent weaknesses of centralization....Read More
Andy Jassy – CEO of Amazon – recently told CNBC that the company could sell Non Fungible Tokens (NFTs) in the distant future. However, he said that the company won’t begin accepting cryptocurrency payments anytime soon and that he doesn’t personally hold any Bitcoin. Jassy’s interview took place shortly after releasing his first annual shareholder...Read More
Two of India’s largest crypto exchanges – CoinSwitch Kuber and WazirX – have halted deposits in Indian rupees citing regulatory problems, triggering a wave of angry protests by investors on social media. It comes two days after Coinbase halted deposits in Indian rupees on Sunday, barely 3 days following its launch in India on April...Read More
Metaverse coins continue their bullish momentum this week as many projects show double-digit percent price gains. Let’s look at the top three Metaverse coins gaining the most price today and see why the price is rising. Note: The list below is ordered by 24-hour growth, lowest to highest. 3. CEEK VR (CEEK) +10.79% Launched in...Read More
As per the press release shared with CryptoPotato, 1inch Network announced the expansion of the 1inch Aggregation Protocol and the 1inch Limit Order Protocol on Fantom. The move will help users access deeper liquidity and more alternatives for efficient and cheap swaps. Expansion to Fantom With 1inch’s expansion on the scalable, EVM-compatible Layer 1 blockchain...Read More
Cryptocurrency exchange Bitfinex, in collaboration with USDT issuer Tether, recently launched a digital asset fund and donated over $1 million in bitcoin to assist families in El Salvador affected by the ongoing gang violence in the country. Crypto Relief Fund Initiative is Bootstrapped With 25 BTC Bitfinex chief technology officer (CTO) Paolo Ardoino revealed that...Read More
Cardano‘s price after the recent flip from the lows around $0.91 is trying very hard to keep up the bullish momentum to achieve the immediate resistance at $1. However, the constant interruption of bears does hinder the rally, but it appears the asset may have made up the mind to go parabolic soon. The Cardano...Read More
Yes, after the pandemic digital currencies have gained a lot of attention, especially in the Cryptocurrency market. But no one can deny the fact that this growing crypto market is the most volatile currency. After a series of downfalls over the past few weeks, the cryptocurrency market has tried to stabilize today as the world’s...Read More
BlockchainCom Co-Founder Nicolas Cary called out Cathie Wood’s positions having been trimmed off 50% after Wood implied the crypto exchange’s valuation was unjustifiable. Last month, the company raised another round of investment led by Lightspeed Venture Partners and Baillie Gifford, putting its valuation at $14 Billion, more than doubling from its prior fundraising round. “Her...Read More
New York-based blockchain company, Ava Labs, which leads the development of the Avalanche network, is reportedly raising $350 million at a $5.25 billion valuation. The latest talks about capital infusion come amidst the market threatening lower price levels demonstrating a modest volume of profit-taking by investors. As per Bloomberg’s sources, the new valuation would make...Read More
The investment fund focused on growing the Elrond network – “Skynet EGLD Capital” – raised more than $40 million to further accelerate the development of the ecosystem. Financial backers were leading industry companies, including Binance Institutional, Huobi Global, Morningstar Ventures, Spark Digital Capital, and more. Top Companies Flocking to Invest in Elrond Network A document...Read More
Terra seems nowhere near concerned regarding the ongoing crypto dip. Instead, it topped up its bitcoin reserves with an additional purchase of $100 million worth of the asset. Earlier this year, Do Kwon – Founder and CEO of Terraform Labs – revealed the company’s intentions to introduce a stablecoin (UST), which will be backed by...Read More
Tether’s chief technology officer, Paolo Ardoino, said the company will reduce its commercial debt holdings, speaking to CNBC on April 13 at the Paris Blockchain Week Summit. The world’s largest stablecoin is currently backed by a mixed bag of commercial debt holdings, cash, and cryptocurrencies, but it has yet to produce a full official audit...Read More
Shark Tank’s Kevin O’Leary is a crypto bull, with cryptocurrencies accounting for 20% of his running companies’ assets. The millionaire owns 32 cryptocurrencies and has stated that he is bullish on Avalanche, Solana, and MATIC. O’Leary’s crypto bets Kevin O’Leary, a Canadian entrepreneur and investor, told Cointelegraph in an interview at Bitcoin Miami that he...Read More
On April 12, Charles Hoskinson, founder of Cardano, posted a “recap video” on his YouTube channel, explaining the new update that will make Cardano better after the “Vasil” hard fork. At the beginning of the video, Hoskinson mentioned that he was preparing for the upcoming Consensus 2022, which will take place in Austin, Texas, from...Read More
