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Investors Not Impressed by Polkadot's Parachains Launch
20.12.2021
Blockchain protocol Polkadot (DOT) failed to impress investors over the weekend as it launched its first set of parachains, or individual blockchains running in parallel within the Polkadot ecosystem.
While Polkadot's utility token DOT was relatively flat on December 18, the day of the launch...
Inside the blockchain developer’s mind: Proof-of-burn blockchain consensus
19.12.2021
Gaining a deeper understanding of a popular — but, meanwhile, widely misunderstood — concept in blockchain technology: the consensus algorithm
Crypto mainstream adoption: Is it here already? Experts Answer, Part 1
19.12.2021
What does mass adoption mean for the blockchain industry? Has it started yet? If not, what could get it going?
Invictus Capital Announces NFT Collection to Give African Artists Global Exposure
19.12.2021
Invictus Capital has unveiled its first non-fungible token collection, called “Out of Africa,” through the Invictus NFT Lab. Through this collection, Invictus Capital will showcase fine art via blockchain technology as well as connect artists from Africa with the rest of the world....
Binance Developing Crypto Exchange in Indonesia
19.12.2021
Binance has formed a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm. Binance aims “to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange.” Binance Building Cryptocurrency...
Swiss Bank Seba Launches Regulated Gold Token, Aims to Bolster ‘Digital Ownership of Physical Gold’
18.12.2021
On December 15, FINMA-licensed Swiss bank, Seba, announced the launch of a gold token that can be delivered in physical form, on-demand, at any time from the firm’s partner refineries. Seba believes the token can be leveraged as a compliant stablecoin “backed by responsibly sourced...
Cure for the itch: Deputizing blockchain to fight public corruption
18.12.2021
If corrupt government officials try to delete files on the blockchain, “any change will be noticed immediately by other participants.”
From DeFi year to decade: Is mass adoption here? Experts Answer, Part 1
18.12.2021
Decentralized technologies’ insiders shared their views on DeFi and on the role, achievements and challenges the space faced in 2021
Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols
18.12.2021
The independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon...
African Startup Raises $6 Million From Pre-Series A Funding Round
18.12.2021
Africa Blockchain Lab recently said it has raised $6 million from a pre-Series A investment round and will use the capital to fund the launch of a crypto wallet. Driving Adoption of Cryptocurrencies An African crypto startup, Africa Blockchain Lab, recently confirmed it has received $6 million from...
Cornell Professor of Economics: Defi Promise Is Real but Bitcoin May Not Last Much Longer
18.12.2021
A Cornell University economics professor says that the promise of decentralized finance (defi) using blockchain technology is real but bitcoin may not last that much longer. Nonetheless, he admitted bitcoin “has really set off a revolution that ultimately might benefit all of us either...
Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund
18.12.2021
The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement,...
Ubisoft Boss Tells Employees That NFTs Are Just The Beginning
17.12.2021
Ubisoft CEO Yves Guillemot held a video Q&A this week to try and reassure developers about the company’s controversial new push behind NFTs, according to multiple sources who were in attendance. But they said his answers were vague and leaned on buzzwords like “metaverse” and “web 3.0,” leaving...
YFI, HXRO and AR post gains even as Bitcoin price dips to $45.5K
17.12.2021
Yearn.finance, Hxro and Arweave managed to post positive gains even as BTC and ETH price saw sharp pullbacks
Genius Yield raises $118M via ISPO in first 48 hours
17.12.2021
The initial stake pool offering has seen significant uptake, with one of the four GENS pools being nearly fully committed in just two days
Blockchain Gaming Adoption Jumps, But Regulation & Education Obstacles Are High - Survey
17.12.2021
While fund flows and user adoption figures continue to skyrocket in the blockchain gaming industry, some of the main challenges that hamper the sector’s further growth include regulatory uncertainty, need for user-oriented education initiatives, and technology limitations, among others...
Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
17.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
Nansen Raises $75mn in First Stage Funding Led by Accel
17.12.2021
Nansen, a Blockchain analytics startup, secured $75 million in its new investment round headed by Accel with participation from Andreessen Horowitz and Tiger Global, a tech investor on this Thursday. The funds acquired in the round will be used to develop the functionality on the company’s...
Crypto Industry Insiders Share Top Ethereum, DeFi, Gaming, and TradFi Trends for 2022
17.12.2021
As the year is about to end, a number of companies working in the crypto space have shared with Cryptonews.com their predictions for 2022.
To help you understand what some of the major players in the space see for the next year, we decided to take a look at what topics are trending among those...
USDC Sees Native Launch on Avalanche
17.12.2021
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...