Acala Integrates Wormhole, Taking Polkadot Multi-Chain
Maticcrazy.com: Introducing a new hybrid ROI DApp project in the crypto world
admin2022-03-25T10:00:43+00:00Dapps or Decentralized Applications has become a buzzword in the crypto-world over the past 3 years. For the uninitiated, the term dApp refers to a blockchain-based application that runs on a decentralized network and uses its resources. Decentralized apps normally have no central point of failure, have open source code, and work with a decentralized consensus mechanism. The downtime of these decentralized apps is also eliminated. They are resistant to interference by individuals, corporations, or governments because they do...
Crypto Analysts Point to Key Levels Solana ($SOL) Must Surpass to Maintain Bullish Trend
admin2022-03-25T03:20:00+00:00Popular cryptocurrency analysts have been analyzing Solana’s price performance to determine key levels $SOL must surpass in order to maintain its bullish trend, and have shared their results on social media. The price of Solana has moved steadily upward over the last few days, with the smart contracts...
Creating a sci-fi NFT gaming ecosystem: An interview with Cryptomeda CEO Martin Jerabek
admin2022-03-24T13:50:12+00:00The NFT space has grown exponentially in the past few years with a total value reaching $17 billion in 2021. Although a lot of platforms offer NFTs and related services, one of the biggest problems in the space is the lack of a pivot marketplace and links between various communities. Cryptomeda is an NFT based ecosystem that aims to give users a chance to experience and own collectibles in the crypto space. The play-to-earn ecosystem consists of a marketplace, NFT collections, games, and staking...
Grayscale’s New Fund Includes Cardano ($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...
Sphere Finance gives users a chance to yield profits and join governance protocols
admin2022-03-23T11:45:09+00:002022 is the year of governance. With DeFi 3.0 right around the corner, AMMs are turning into multi-billion-dollar endeavors that build the infrastructure of financial instruments in DeFi. They are the roads that decentralized finance needs. Governance protocols in AMMs allow users to vote on LPs that the AMMs will invest in, with great allocations for those who hold immense votium. But, there is one issue – To be able to vote, you must lock your tokens for a...
Yuga Labs Raises $450M at $4B Valuation
admin2022-03-22T22:40:52+00:00
Key Takeaways
Yuga Labs has raised $450 million at a $4 billion valuation in a funding round led by Andreessen Horowitz. The creators of the Bored Ape Yacht Club will use the money partly to build its MMORPG, Otherside. Yuga Labs recently acquired the CryptoPunks and Meebits NFT collections from Larva Labs.Share this article
Yuga Labs, the company behind the Bored Ape Yacht Club, has reached a $4 billion valuation via a $450 million raise that was led by the venture firm...
AAVE V3 launch triggers a 40% rally in the token but will it sustain
admin2022-03-22T20:30:44+00:00One of the leading Decentralized Finance (DeFi) protocols on the planet AAVE last week expanded its horizon by introducing AAVE V3 to the world. The reaction to this launch has been exceptional to the extent where the Dapp brought back lost investors and pushed the altcoin beyond expectations.
AAVE reaches Stage 3
AAVE V3 was launched on 16 March and since then the DeFi token has rallied by over 40.41%. The latest version of the protocol brought a myriad of changes...
Coinbase Wallet Adds Support for Solana ($SOL) Ecosystem
admin2022-03-20T21:30:24+00:00Crypto exchange Coinbase has announced support for the Solana ecosystem on Coinbase Wallet’s desktop extension. According to the Coinbase’s blog post, “users can now manage their Solana (SOL) and Solana tokens (SPL) alongside their tokens held on all of Coinbase Wallet extension’s supported networks, including Ethereum, Avalanche,...
Ethereum: Assessing what exactly ETH has going on for itself
admin2022-03-20T19:30:15+00:00It hasn’t been the best of years for Ethereum [ETH], the world’s most popular altcoin. While its price action has often been found wanting, many in the community remain optimistic thanks to the hopes attached to the upcoming Merge. This optimism can be evidenced by Ethereum recording its largest single-day exchange outflows in 2022, according to a recent report by IntoTheBlock. Withdrawing a cryptocurrency from centralized exchanges has often led to price surges on the charts. It is a sign that...