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Terra Launches New Chain Airdropping LUNA 2.0 Coins — Token Value Slides Over 70% From Price High
28.5.2022
On Saturday, May 28, 2022, LUNA classic and UST classic holders received an airdrop consisting of new LUNA 2.0 tokens based on two blockchain snapshots. The crypto asset’s first recorded value at 5 a.m. (ET), was $14.31 per unit and it hit an all-time high (ATH) roughly 20 minutes later...
A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities
28.5.2022
A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the development of Web3 startups. This fourth crypto fund from the firm, which will launch with a budget of $4.5 billion dollars, is set to focus on several key fields...
Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks
28.5.2022
Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks....
Bitrue Launches New Yield Farming Pools for Dogecoin and Shiba Inu
27.5.2022
The newsletter for six new Yield Farming pools on Bitrue was shared on Thursday. As per the announcement, the crypto exchange will dedicate these new pools to Shiba Inu and Dogecoin with a 7% annual percentage yield. The pools are slated to go live on May 27 at 13:00 UTC. Bitrue is one of...
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
26.5.2022
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 to...
Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon
26.5.2022
The announcement highlighted that this may spark the launch of more peso-backed stablecoins within the region
Chinese Indexes Company Launches Hang Seng Metaverse Index
26.5.2022
A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said. Rising Popularity of the Metaverse Hang Seng Indexes...
Singapore venture firm launches $100M Web3 and metaverse fund
25.5.2022
The startup fund, which is backed by Babel Finance and Huobi Ventures, will back emerging projects that are building for the Web3 and metaverse economies
Celestia Launches Testnet for First Modular Blockchain
25.5.2022
The “Mamaki” testnet could bring an end to what the project calls the “monolithic era” of layer 1 blockchains
Ariva Celebrates 1st Year Anniversary With Impressive Achievements in the Blockchain Industry
25.5.2022
PRESS RELEASE. Ariva, a next-generation tourism & travel blockchain protocol, celebrated the first anniversary of its launch on May 25, 2022. This development marks an impressive milestone for the blockchain project that has taken the tourism sector by storm in recent months. Ariva launches...
Swiss VC Launches African Blockchain Early Stage Fund
24.5.2022
Crypto Valley Venture Capital has announced the launch of an early-stage fund for African blockchain startups. Already, the venture capital firm has invested in 12 startups whose use cases go beyond crypto. Uses Cases Beyond Crypto The Switzerland-based venture capital (VC) firm, Crypto Valley...
Gamestop Launches Web3 Ethereum Wallet That Leverages Loopring’s ZK-Rollup Tech
23.5.2022
This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company’s self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now available via the firm’s web portal, in order to provide users with a wallet that stores...
Crypto Valley Venture Capital Launches African Blockchain Early-Stage Fund
23.5.2022
The venture capital investor wrote in a report that funding for African blockchain startups far outpaced investment in other venture funding
A16z Launches $600 Million Web3 Gaming Focused Fund
21.5.2022
A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming...
OpenSea launches 'Seaport' marketplace protocol allowing NFT bartering
20.5.2022
“OpenSea does not control or operate the Seaport protocol — we will be just one, among many, building on top of this shared protocol,” said the platform
Crypto Custody Firm Fireblocks Launches Web3 Services Suite
20.5.2022
Fireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This suite will allow customers to leverage liquidity from different exchanges, and mint NFTs. The service, which has already onboarded several names in the industry...
DeFi Protocol iZUMi Finance Raises $30M, Launches Exchange
20.5.2022
The funds were raised through the sale of bond vouchers and claims to back the new iZiSwap decentralized exchange
Vietnam Launches Blockchain Association to Conduct Research and Suggest Regulations
20.5.2022
A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world’s technology map. The organization looks to unite Vietnam’s experts in the field and seek cooperation with blockchain communities around the globe for...
FTX US Launches Zero-Commission Equities Trading Platform
19.5.2022
FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ETFs). The launch is currently in a private beta phase for select U.S. customers and equities can...
Tether launches crypto and blockchain education program in Switzerland
19.5.2022
"It is essential that educational institutions are put into place to help better inform not only traders and investors but future business owners," said Paolo Ardoino