Skybridge Capital Applies For Cryptocurrency ETF And Accumulates $100 Million For ALGO Fund

A statement from Anthony Scaramucci has revealed the total crypto worth of an Alternative investment firm in Australia’s SkyBridge Capital. He stated that SkyBridge holds crypto worth $700 million presently. The alternative investment firm has filed for a cryptocurrency company ETF which simply means a crypto-based exchange-traded fund. Related Reading | New To Bitcoin? Learn To … Read moreSkybridge Capital Applies For Cryptocurrency ETF And Accumulates $100 Million For ALGO Fund

Polygon ’s Side Of The Story: Hard-Fork Resolved A “Critical Vulnerability”

The Polygon team promised an explanation and here it is. A few weeks ago, the Ethereum Layer 2 network hard-forked their blockchain, seemingly without explanation. As usual, NewsBTC got to the bottom of the case and presented all of the available information. The only piece missing was a promised official report from Polygon’s experts. Is … Read morePolygon ’s Side Of The Story: Hard-Fork Resolved A “Critical Vulnerability”

Zen Capital, Dust Ventures, Dib Ventures, and Scorpio VC are some of the Alf Protocol’s angel investors.

Alf protocol has lately signed several strategic partnerships with the VCs. Such partnerships will help drive the future development of the protocol. The Alf ecosystem will continue to improve with the team’s continued efforts, strategic partners, VCs, and the community working together. Alf is a protocol for capital deployment on Solana for the purposes of … Read moreZen Capital, Dust Ventures, Dib Ventures, and Scorpio VC are some of the Alf Protocol’s angel investors.

GreedSwap: Super Producers Cool And Dre Help Launch New Coin & Crypto Record Label

Grammy nominated super producer team ‘Cool and Dre’, and developer Peter Parente have introduced their latest project, GreedSwap ($GREED) – one that has a lot of eyes ready and wondering: what’s going on and what’s next? It was only a matter of time before music and the vastly growing cryptocurrency market came together to change the … Read moreGreedSwap: Super Producers Cool And Dre Help Launch New Coin & Crypto Record Label

Terra’s UST Becomes First Decentralized Stablecoin To Surpass $10B Market Cap

It’s safe to say that DeFi is booming lately – and Terra’s stablecoin UST has swiftly emerged as a powerhouse player in DeFi, swimming among of sea of centralized tokens such as Tether’s USDT and Circle’s USDC. DeFi is wholeheartedly embracing UST, and new protocol integrations are popping up faster than most can keep up … Read moreTerra’s UST Becomes First Decentralized Stablecoin To Surpass $10B Market Cap

ADALend CEO Kaspars Koskins : “We Are Building a Secure Lending Platform on Cardano”

Starting ADALend CEO Kaspars Koskins interview series, one of the most promising companies that is revolutionizing the lending industry by using blockchain technology to disintermediate the traditional middlemen – providing unprecedented access to loans for those ignored by the traditional banking system and providing high yields for investors in a persistently low-interest-rate environment. I hope … Read moreADALend CEO Kaspars Koskins : “We Are Building a Secure Lending Platform on Cardano”

IOTA to Release Smart Contract Network ‘Assembly’ And Distribute ASMB Token

The ledger IOTA aims to become “a fully decentralized, feeless multi-asset ledger” by launching Assembly in 2022, a governance layer one for permissionless smart contracts, along with the native token ASMB that will open the doors for the network’s main stakeholders, who would be democratizing Assembly. IOTA’s founders say the ledger is a “public permission-less backbone … Read moreIOTA to Release Smart Contract Network ‘Assembly’ And Distribute ASMB Token

Crypto Needs Regulation If It’s Going To Survive, Says SEC Boss

The Chairman of the Securities and Exchange Commission (SEC) has called for the crypto space to work with regulators. The Financial Times reported that Chairman Gary Gensler had asked Congress to empower his agency so they will be better able to govern the market. It is still not clear yet which agency has oversight of … Read moreCrypto Needs Regulation If It’s Going To Survive, Says SEC Boss

ERTHA is now available on KuCoin.

Ertha Metaverse, one of blockchain gaming’s most talked about metaverses has today announced the listing of their ERTHA token on one of the top crypto exchanges – KuCoin. With over 10 million users worldwide, KuCoin is a perfect partner for Ertha. In addition to being among the top exchanges for Altcoins, it also charges some … Read moreERTHA is now available on KuCoin.

Will Cryptocurrency Mining Withstand Another Government Crackdown?

bitcoin mining

Crypto mining has been an environmental  issue that cant be over looked; World governments have tried to put a lid on it but still have an uphill battle as the popularity of crypto grows. Will crypto be mining be able to last if the technology still impacts the earth on high levels ? Or will it mold with the time and adapt with the land before governments continue to attack Crypto currency. Related Reading |Elevate Brands Offering Bitcoin Payouts on Coinbase Prime Crypto War With  Mining …   China has been in the for front of crypto bans and the war between the two parties only grows and gets more harsh. China slapped a ban on Bitcoin (BTC) mining, trading and crypto services,The Chinese government’s given reason for the Bitcoin crackdown is to reduce its well-documented climate impact. A-lot speculation on other to follow such as turkey and India but one thing we know is china is a huge influencer impact on the way some countries operate to have them ban this is only going to inspire more to follow. The problem with crypto mining is the carbon footprint it leaves on this planet and how it impacting the natural resources we have left.Currently, less than one-third of global electric power is sourced from renewables. If this share went fully toward cryptocurrency mining, perhaps it could lend it a semblance of sustainability, but it would be little more than a fig leaf.   BTC: BTC is currently the largest crypto BTC-USD on TradingView.com Grabbing At The Gold… After chinas ban it didn’t take long for the US to become one of the leaders in crypto mining with Russia and many to follow, This could stem from each countries hunger to become the world leader and first on the crypto train. The…

OpeanSea Transaction Volume Shows That NFTs Are Not Slowing, Here Are Some Projects To Consider

We’ve only been in the new year for a few days, and OpenSea is proving to be NFT’s open sea. On the second day of 2022, the NFT marketplace, which features some of the biggest blockchain-based collectibles from Bored Apes to CryptoPunks, announced $243 million in sales. The figure went up significantly during new year’s … Read moreOpeanSea Transaction Volume Shows That NFTs Are Not Slowing, Here Are Some Projects To Consider

This Crypto Collaboration Aided Health Staff Beaten By Venezuelan Regime

As Venezuelans have struggled to survive the pandemic during times of dictatorship, the crypto company Circle collaborated last year with the countries’ opposition to financially aid healthcare workers who were abandoned to a broken-down system with almost no proper medical equipment and a discouraging $15 a month salary. Today $1 equals 45,000,000,000,000,000 bolivars –although it … Read moreThis Crypto Collaboration Aided Health Staff Beaten By Venezuelan Regime

Nexo Eyes SEC Broker Dealer License While U.S. Competitors Face Regulatory Pressure

There’s truly never a dull moment in DeFi. Reports have emerged this week that interest-yielding platform Nexo is pursuing an acquisition of an SEC licensed broker dealer with the intent to offer a “modified version” of the company’s products. How this would impact their current offering is unclear. The move comes at a time of … Read moreNexo Eyes SEC Broker Dealer License While U.S. Competitors Face Regulatory Pressure

Terra Announces Non-Profit ‘Luna Foundation Guard’

terra announces non profit luna foundation guard

Terra Luna’s ‘lunatics’ have had their sights set on a multi-part announcement that is set to unveil, and this week the first piece of the puzzle has come to life. This week, Terra announced the formation of a new non-profit organization, the Luna Foundation Guard (LFG), that is “dedicated to supporting the advancement of open-source … Read moreTerra Announces Non-Profit ‘Luna Foundation Guard’

Australian Super Rest Retirement Fund To Invest In Cryptocurrencies

Australia remains outstanding with its increased swing and adoption of cryptocurrencies by the populace. Despite its volatility, the popularity of digital assets has triggered more investment moves towards this financial asset. Joining in the train of crypto investment within the country is the Retail Employees Superannuation Trust (Rest Super). By its indication to invest superannuation … Read moreAustralian Super Rest Retirement Fund To Invest In Cryptocurrencies

Spellfire was oversubscribed twice, raising a staggering $3.8 million.

Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million. Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital, Terranova ventures, x21 Digital and others who initially funded the project, and … Read moreSpellfire was oversubscribed twice, raising a staggering $3.8 million.

Which Cryptocurrencies Have Seen the Worst Drop Since All-Time Highs?

Cryptocurrencies all across the market have been suffering major downside since the crash. The crypto market saw a couple of hundred billions shaved off its market cap following this. Bitcoin, Ethereum, and others have all seen their value decline significantly in the space of a week. However, in all of this, some digital assets have … Read moreWhich Cryptocurrencies Have Seen the Worst Drop Since All-Time Highs?

Vitalik Buterin, the founder of Ethereum, is looking forward to another crypto winter.

Ethereum blockchain co-founder and prominent leader in cryptocurrency Vitalik Buterin said that investors might be experiencing a “crypto winter,” but it’s not all bad news for them. He went on to say this could lead up into another digital asset universe as prices are currently low enough, which would give opportunities with significant gains potential when things pick back up again like before. In an interview with Bloomberg, Buterin said; A lot of people who are deep into crypto and especially make things welcome the bear market. They welcome the bear market because when prices go up so much in the long run – it’s obviously a lot of people rejoice – but it invites a very short period of time. Speculative attention. Related Reading | Bullish: Signals Suggest That Ethereum Might Make A Break Above $3,085 The cryptocurrency market took a plunge after reaching an all-time high in early November. Owing to investors’ and speculators’ expectations of positive economic news coming out of Covid. As a result, the Bloomberg Galaxy Crypto Index fell about 45% from its peak, with Ether declining by 40%. With the recent rise in prices, many people have seen their assets increase exponentially. CoinGecko is tracking 12,588 different tokens and reminds us all that this isn’t just a bull market. It’s been one for cryptocurrency as well. However, fraud and manipulation in this market can hurt you if used incorrectly or blindly follow leaders like sheep.  And to get a rich quick scheme without understanding what they are getting into. Pumps & Dumps occur when traders try to gain money off others’ losses by pumping up prices before selling off at lower levels, creating fear amongst investors who think it might happen again soon, thus driving them towards safety. Crypto Winters As An Opportunity According…

Dfinity Foundation Launches $215 Million Grant To Boost Developer Ecosystem

Dfinity Foundation is boosting its developer ecosystem with a $215 million grant. This is to help further the development of decentralized applications (DApps) on the Internet Computer blockchain. Over 115 teams have benefitted from this grant and more are expected to do so as time goes by. NewsBTC sat down with Lomesh Dutta, Vice President … Read moreDfinity Foundation Launches $215 Million Grant To Boost Developer Ecosystem

Stellar Development Foundation Takes Part In Abra $55 Million Series C Funding

Leading wealth management platform Abra completed a Series C funding with participation from the Stellar Development Foundation. The company raised $55 million in the round led by major players in the industry, such as IGNIA and Blockchain Capital. The Stellar Development Foundation was one of the new investors in the company alongside Kingsway Capital and … Read moreStellar Development Foundation Takes Part In Abra $55 Million Series C Funding

Solana: A Quick Review And Look Ahead

Solana has had an amazing past 2 years as it became one of the fastest growing altcoins; in 2022, we see how they are doing what many tokens couldn’t and won’t be able to do. Few fall in the same category as Solana, so let’s take a look at what’s taken the token here, and … Read moreSolana: A Quick Review And Look Ahead

A Novel NFT Economy Can Benefit Wizardia’s Players and Investors

As the NFT and Metaverse gaming space continues to make leaps and bounds in 2022, we are slowly witnessing the evolution of the gaming space – not only in terms of story, character and gameplay but also the underlying economies which form the financial foundations of a given project. One example of this is Wizardia. Wizardia is an upcoming play-to-earn fantasy Metaverse game where players take on the role of unique wizards represented by NFTs and battle each other in a bid to earn valuable resources and level up their NFT avatars. Wizardia is built atop the Solana (SOL) blockchain, a low-fee Proof-of-Stake (PoS) network that rose to become one of the most popular destinations for developers to set up dApps in 2021. Conceptual Art – The Battle Arena While Wizardia gives players the chance to increase the value of their NFTs through standard gameplay, another aspect of the game’s NFT-based economy has drawn attention in recent weeks for the way it generates royalties over time. Earn Royalties for the Game’s Duration Comprising a two-NFT economy, Wizardia’s in-game Wizard NFTs are accompanied by Arena Genesis NFTs – tokens that give holders exclusive rights to earn royalties from all future battles and transactions conducted in the game’s Battle Arena. In essence, this means early investors can purchase Arena Genesis NFTs and sit back and collect ever-increasing royalties as more and more players enter the game world and engage in Arena battles. Notably, holders of Arena Genesis NFTs don’t even need to participate in gameplay, instead, the NFTs are staked in the platform and owners will reap rewards in the form of tokens.                Arena Genesis NFT (1st round) That investment is one that promises to pay off for the duration of the game’s existence. Much like profits generated from the successful…

Plutus: ADALend’s Decentralized Application Backend

Plutus Application Backend (PAB) provides developers with a quick way to create decentralized financial applications. Plutus will make it easy to focus on the frontend and business logic of your application. By taking care of the backend infrastructure, Plutus frees up developers’ time to focus on application development. This is possible thanks to the features … Read morePlutus: ADALend’s Decentralized Application Backend

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