Opinion: Of Course Yuga Labs Is Not “Web3”
South Korean Financial Giant SK Group To Issue Its Own Cryptocurrency
admin2022-03-24T10:00:13+00:00SK Group, South Korea’s third-largest conglomerate, said it will issue its own cryptocurrency through the firm’s investment arm, SK Square. SK Square is also preparing a blockchain service for its partners, to facilitate the crypto issuance. Both projects are still in their infancy, and the company is targeting a token rollout within the year, through an initial coin offering (ICO). While ICOs are banned in the country, newly-elected President Yoon Suk-Yeol has vowed to pass crypto-friendly rules, including the possible legalization...
U.S. Senate Will Vote on the ‘Accountability for Cryptocurrency in El Salvador’ Act, CZ Arrives in El Salvador
admin2022-03-24T09:30:41+00:00On Wednesday (March 23), U.S. Senator Jim Risch (R-Idaho) commented on the passage of proposed legislation on El Salvador out of the U.S. Senate Committee on Foreign Relations, which means that now the full U.S. Senate will need to vote on this bill. As you may remember, the...
Digital Wallet Protector’s NFTs are live bringing spiritual protection to the blockchain
admin2022-03-24T09:00:20+00:00In 2021, cryptocurrency addresses associated with criminal activities accumulated over $14 billion, according to Chainalysis, a blockchain data and analytics platform. The booming cryptocurrency space saw the cumulative market cap of all cryptocurrency projects rise to over $2.3 trillion. Concurrently, the economic activity of all blockchains rose to over $15 trillion from $2.3 trillion in 2020, providing an opportunity for malicious elements to take advantage of blockchains’ immutability to steal assets or scam unsuspecting cryptocurrency holders. Out of the...
Snoop Dogg & Wiz Khalifa Launch ApeCoin-Themed Music NFTs; APE Price Soars
admin2022-03-24T06:24:21+00:00Popular rapper Snoop Dogg on Thursday released new music as NFTS themed around ApeCoin (APE) and the Bored Ape Yacht Club (BAYC). The collection, titled “Ape Drops 03 : An 8th,” consists of eight tracks made in collaboration with fellow rapper Wiz Khalifa. APE prices soared after the move, trading 17% higher at $13.8. The token has been on an uptrend since Wednesday, following news that BAYC owner Yuga Labs raised $450 million in a funding round led by venture...
Beta Version of Gamestop’s NFT Marketplace Launches on Loopring ($LRC)
admin2022-03-24T03:20:00+00:00A beta version of GameStop’s non-fungible token (NFT) marketplace has been launched on Loopring L2 ($LRC), an Ethereum layer-two scaling solution that allows users to transaction for a fraction of the costs the layer-one has. According to n announcement published by Loopring’s Head of Growth Adam Browman, a...
AVAX’s price finally breaks out of a pennant; here’s what’s next
admin2022-03-24T02:30:42+00:00AVAX’s price coiled up for roughly two and a half months before breaching out of a technical pattern. This breakout, while bullish, faces a threat of undoing the gains registered over the past week. So, investors need to pay close attention to the price action over the course of this week to determine the future for Avalanche.
Bullish breakout, but threats persist
From 3 January to 18 March, AVAX’s price set up three distinctive lower highs and higher lows while converging...
StreamCoin Launched GaStream (GSTRM), a New Utility Token to Power Its Ecosystem and Reward Users –
admin2022-03-24T00:41:51+00:00The Moonshoot Finance team is pleased to announce its auto-staking and auto-compounding protocol that offers the higher revenue. While highlighting the benefits of the protocol, the developer team noted that it offers the following: • Fastest and highest fixed APY of about 383,025.80%.• Automatic staking and compounding in each user’s wallet.• 96 times rewards daily – every 15 minutes.• Fully KYC on Interfi and Pinksale.• No minting to a wallet.• Multiple use cases such as games, NFT, exchange, Launchpad, and...
Grayscale’s New Fund Includes Cardano ($ADA) and Solana ($SOL) as Top Holdings
admin2022-03-23T22:50:00+00:00Cryptocurrency asset manager Grayscale Investments has launched a new fund offering investors exposure to a variety of smart contract networks other than Ethereum ($ETH). The fund has Cardano ($ADA) and Solana ($SOL) as its top holdings. According to available data, the Grayscale Smart Contract Platform ex Ethereum Fund...
DeSantis: Florida May Soon Accept Crypto for State Business Taxes
admin2022-03-23T22:34:28+00:00