Polygon Unveils Supernets, $100M Grants Package
Goons of Balatroon, a 2D/3D hybrid metaverse featuring Play 2 Earn card strategy gaming and land ownership built within the Elysium ecosystem, has just closed their most recent funding round with $2.46M in seed and private financing. The funding included backers such as Merit Circle, Jun Capital, Vulcan Forged, Faculty Group, Maven Capital, and Bullperks, alongside a handful of founders of companies including the HUSL, Lovelace, and Rarestone Capital. The flagship product, a Trading Card Game (TCG), is unique...
On Wednesday (April 20), Dr. Ryan Clements, who is an assistant professor at University of Calgary’s Faculty of Law, explained why he remains wary of decentralized algorithmic stablecoin TerraUSD ($USDT) even though it is now partially collateralized by the “forex reserves” (denominated mostly in Bitcoin) of Luna...
Tron (TRX) token price surged on Friday after founder Justin Sun announced plans to launch a new stablecoin based on the blockchain. The token, called USDD, will be a decentralized token. TRX token prices surged 10% in the last 24 hours, reaching a three-week high of $0.074. While most altcoins followed Bitcoin’s (BTC) lead lower, TRX managed to decouple from this sentiment. Bitcoin is trading at an average price of $40,700, down by 2% in the last 24 hours. Total crypto...
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The race for greater crypto adoption often leads to competition between so-called developed countries and developing countries. While economies in which crypto helps unbanked people often see high levels of adoption, residents in the Global North enjoy easier – and often, legal – access to crypto-based services. However, according to a study by Chainalysis, one country definitely made a killing in terms of crypto gains in 2021.
The world’s largest cryptocurrency Bitcoin (BTC) has been showing greater volatility around $40,000 levels. As of press time, the BTC price has corrected 2.85% and is currently trading at $40,546 levels with a market cap of $771 billion. On-chain data provider Santiment reported whales have been accumulating during the recent price drop under $40,000. It noted: Bitcoin whale addresses holding 100 to 10k $BTC have collectively accumulated 18,104 more $BTC since the April 10th price drop below $40k....
The CEO of cryptocurrency lending platform Celsius Alex Mashinky has revealed he believes that the price of the flagship cryptocurrency Bitcoin (BTC) will surpass its previous all-time high this year, as will the second-largest cryptocurrency by market capitalization, Ethereum ($ETH). During an interview with Cointelegraph during the Paris...