Non-custodial protocol, Diagonal Finance has announced a $2.5 million pre-seed round. The main objective of the platform is to make the subscription process seamless for companies focused on Web 3. Capital Infusion According to the official blog post, the funding round was led by Mechanism Capital. Other investors, such as Coinbase Ventures, MetaCartel Ventures, The...Read More
The global crypto market is on a quest for a moonish run. That would propel the digital assets from the industry to all-time highs. Where the crypto market’s valuation peaked at $3 trillion. Successively, folks from the crypto town have set their hopes on the star crypto Bitcoin. Which holds the potential to kickstart an...Read More
The crypto industry is awaiting a major bullish impetus, which could help the industry revive from fragile sentiments. The quest for a bull run could possibly materialize following an end to the industry’s long-standing torment. The pursuit could also transpire following a justification in Ripple vs SEC lawsuit. Advertisement The legal brawl between the U.S...Read More
Bitcoin price had recovered from the recent price slash that occurred due to the Russia-Ukraine conflict. The price had almost smashed $45,000 but failed to sustain above these levels and is currently feared to plunge below $41,000. While the bearish scenario is slowly getting intensified, yet possibilities of going parabolic are still high. However, the...Read More
The Department of Financial Services (DFS) will use blockchain analytics technology to build strengthen the enforcement of the sanctions against Russia. Specifically, the effort will be to detect if Russian individuals try to bypass the imposed penalties. Blockchain Technology to Help Monitor Sanction Enforcement The Department of Financial Services oversees numerous key programs and initiatives...Read More
The crypto-verse is circumscribed in optimism and thrill, as folks from the crypto town have pinned bullish hopes on a massive run. The growing optimism in the business comes as a courtesy from the impressive rebound exhibited by the digital assets. Wherefore, the market capitalization of the crypto industry has reclaimed its $2 T milestone....Read More
Bitcoin price briefly spiked up close to $45,000, maybe due to a huge trend reversal in a very short time. The crypto space recovered significantly since the beginning of March 2022 and turned most of the assets green. While bulls currently appear to hold the crucial support levels at $40,000, bears appear to wait for...Read More
Wall Street multinational giant JPMorgan Chase became one of the financial backers of TRM Labs. The latter provides blockchain intelligence services to monetary institutions and crypto-focused businesses. Another Crypto Initiative One of the leading American banks – JPMorgan – has not always been supportive of the digital asset industry. In fact, its CEO – Jamie...Read More
The brains behind Meta’s former Diem project have unveiled plans to launch the blockchain network as a separate protocol with support for other web3 solutions. Also, the announcement includes a name change to Aptos. Former Diem Developers to Relaunch Protocol Some members of the now-defunct Diem blockchain project have teamed up and announced plans to...Read More
As part of the partnership, NEAR users will be benefitted the full visibility of the blockchain across Elliptic’s wide range of product offerings. The focus will also be to improve security and on-chain forensics while letting users explore Web 3. Elliptic-NEAR Partnership The official announcement regarding the partnership revealed that the deal means both the...Read More
The collaboration will provide select artists of the WMG opportunities to create and develop unique, play-to-earn (P2E), arcade-style blockchain games. Warner Music Group Dives Into Blockchain Gaming American record label conglomerate Warner Music Group has joined forces with blockchain gaming developer Splinterlands. According to the official press release shared with CryptoPotato, the deal is Splinterlands’...Read More
The crypto business over the weekend has sailed through turbulence, which has pushed the numbers of the business. To a notable degree, prior to making its way to a new week. As a result, the market cap of the business has taken a dip to $1.87 Trillion. Which, however, has risen a marginal 0.4% over...Read More
The world of cryptocurrencies has come across another pullback, as the planet nears the weekend. Wherefore the market cap of the business has taken leave of 2.8% gains. Over the previous day, with current numbers hovering around $1.90 T. The digital assets have caught wind of the turbulence in the business, which has led BTC...Read More
Cosmos’ non-profit and steward, the Interchain Foundation (ICF), announced the launch of Interchain Accounts, an Inter-Blockchain Communication (IBC) based protocol. Largest Software Upgrade to Cosmos Ecosystem According to the official announcement shared with CryptoPotato, Cosmos’ latest update will enable an entire blockchain to control an account on a separate chain. The release of Interchain Account...Read More
An investor in non-fungible token (NFT) and metaverse projects, Animoca Brands, today issued a scam alert regarding a new ERC-20 token, dubbed “Animoca Brands Metaverse” on Uniswap V2. The Hong Kong-based firm said the asset fraudulently claims to be associated with it and uses the symbol “Animoca.” The Fraudulent Animoca Brands Metaverse Token According to...Read More
Digital Currency Group (DCG), Multicoin Capital, Reciprocal Ventures, and other investors introduced a $205 million ecosystem fund to support developers building on The Graph. The protocol currently powers numerous decentralized applications built on Ethereum, NEAR, Polygon, Avalanche, Fantom, Binance Smart Chain, and more. The Joint $205M Fund According to a document seen by CryptoPotato, several...Read More
The folks from the world of digital assets are rigorously analyzing the trends in the industry. As the business has experienced a slight pull-back following healthy numbers. As a result of which, traders are now burning the midnight oil for a thesis to stick on for greener gains. Whilst investors have been diversifying their portfolio...Read More
Animoca Brands, the Hong Kong-based game software and venture capital company behind The Sandbox, has announced the launch of the Guild Accelerator Program in partnership with the global venture accelerator, Brinc. Fostering P2E Ecosystem According to the official press release, the Guild Accelerator Program will focus on developing the emerging play-to-earn (P2E) guild ecosystem across...Read More
Polygon in recent times had shown a notable strength and displayed the possibilities of attaining $2 levels at the earliest. Woefully, the asset took a serious u-turn and reversed the trend finely. Currently after hitting the monthly highs above $2, quickly flipped and maintained a serious descending trend. The constant lower highs and lows which...Read More
“The Enigma” – a billion-year-old black diamond considered to be the largest cut in the world – was sold for a whopping $4.3 million worth of digital assets. The owner of the jewelry is now the American entrepreneur Richard Heart who renamed it the “HEX.com diamond” after his blockchain organization. Sotheby’s Diamond Bought for Millions...Read More
The ever-curious crypto folks who fail to resist over the future prospects of the coin market. Have set their radar on Polygon, which has been on a constant uphill trek. With its growing count of utility, developments, initiatives, and metrics. This time around, Polygon is the talk of the town with talks revolving around Hermez...Read More
The global cryptocurrency market is a cloud that holds numerous networks. While a majority of the networks have been far off the glimmer of the industry. Advertisement Notable ones in the industry, have managed to establish their reign, with distinct and exclusive traits. One such protocol is Polkadot, which has garnered the interests of the...Read More
UK-based blockchain company Millicent has received government funding in the form of a UK Research, and Innovation (UKRI) Innovate UK Smart Award. The project aims to assist in the nation’s strives to launch a central bank digital currency. Millicent’s UK Funding Based in London, England, Millicent is a blockchain-powered firm promising to rewrite “the code...Read More
Dune Analytics – a free blockchain research tool – recently announced an additional $69 420 000 in funding. The round was led by Coatue – a global investment manager focused on tech. According to an announcement from Dune’s blog, the funding will be used to empower another generation of “Dune Wizards” – aka Web 3...Read More
Alexis Ohanian – co-founder of Reddit – recently raised $500 million for his venture capital firm 776 Management LLC. He said that the new funds will primarily be used to “double down” on investment in crypto startups. More Money Towards Crypto As reported by Wall Street Journal, Ohanian showed confidence in the growing entrepreneurial and...Read More
Chainlink price was trading within a range-bound level for quite a long period and later sliced through the consolidation to hit the immediate resistance levels around $17. The asset comfortably hovered within these areas for a couple of hours. Further, the selling volume began to accumulate and currently the bears appear to have capitulated the...Read More
The folks from the global crypto market have been on a probe to make the most out of the year. As the year is yet to open the doors for the bulls, for a lunar odyssey. While top-tier assets are always under the active consideration of investors and traders. The sixth-largest crypto Cardano has been...Read More
Google Cloud, Google’s online data storage services division, is increasingly focusing on decentralized technologies and announced the creation of a team to focus on building products on the blockchain. There are already other initiatives currently using blockchain technology to offer cloud storage with Filecoin and Sia at the forefront. Both use a blockchain protocol to...Read More
The blockchain infrastructure firm – Blockdaemon – raised $207 million in a Series C funding round led by Tiger Capital and Sapphire. Following the investment, the company increased its post-money valuation at $3.25 billion. Blockdaemon’s Expansion The California-based organization finished 2021 on a positive net income trend and recently hired 150 full-time employees – mainly...Read More
Secret Network – a privacy-based blockchain built using Cosmos CDK – recently revealed details pertaining to its “Shockwave” growth initiative. The network accumulated $400 million in funding across its ecosystem fund and accelerator pool. Secret Network’s New Plans Secret announced its newly acquired funding in a blog post from its site earlier today. Over 25...Read More
