-, -, 14th April, 2022, Chainwire Oasis.app, the platform enabling DeFi users to borrow and multiply their exposure to cryptocurrencies, as well as earn on their assets, has raised $6 million in funding during a Series A funding round led by Libertus Capital. Other investors, including Road Capital and high profile angels in the DeFi […]
Becoming the largest shareholder of Twitter apparently wasn’t enough for Elon Musk. The founder and CEO of Tesla and SpaceX has offered to buy 100% of Twitter’s stocks at $54.20 per share, offering a 38% premium over the company’s April 1 close, a day before Musk was revealed to be the largest shareholder of Twitter
Luna Foundation Guard (LFG), a Singapore-based non-profit organization launched by Terraform Labs, has added another $100 million worth of Bitcoins to its UST reserves. With the latest addition, there are 42,410 BTC in LFG’s wallet, which makes it the 19th largest bitcoin holding wallet in the world. The foundation, founded by Terra’s co-founder Do Kwon,
Payments giant Mastercard and blockchain-based lending platform Nexo are claiming to jointly launch a “first-of-its-kind” crypto-backed Mastercard card. In addition to Mastercard, Nexo is also partnering with peer-to-peer payments app DiPocket as its official card issuer in the European market. “Launching the Nexo Card in Europe in partnership with Mastercard and DiPocket is a big
Cronos, an open-source Ethereum compatible blockchain, is looking to monitor high-risk transactions and enhance network security through its latest partnership with blockchain security firm Chainalysis. With the latest deal, Chainalysis has added Cronos’ native token CRO and all CRC-20 tokens to its KYT (Know Your Transaction) monitoring solution. The compliance solution will allow institutions, digital
In a major push towards wider crypto adoption, financial services company FIS is partnering with custody platform Fireblocks to offer its client base access to a host of cryptocurrency trading and lending services. FIS is a Fortune 500 technology provider that offers multiple kinds of financial services and products to its more than 6,400 client
Circle, the issuer of the second-largest stablecoin USDC, announced on April 12 that it has, so far, raised $400 million from its ongoing funding round. The round is expected to close in the second quarter of 2022. BlackRock, Fidelity Management and Research, Marshall Wace, and Fin Capital are some of the companies to participate in
More and more companies are benefiting from the soaring popularity of non-fungible tokens. Genies, an NFT avatar startup, has now hit unicorn status following its recent funding round that added another $150 million to the firm’s treasury. The Series C round, which took the company’s valuation to $1 billion, was led by private equity firm
Ignite (formerly Tendermint), the development team behind the popular blockchain project Cosmos, has taken another step to further its growth in the Web3 ecosystem. The company announced Tuesday that it has formed a $150 million accelerator fund to invest in early-stage startups building their projects in the Cosmos ecosystem. Joining the fund are some strategic
Crypto has risen in popularity for the extreme volatility which makes it possible to gain sky-high ROIs. Perhaps one of the most famous cases (aside from Bitcoin’s (BTC) bubbles throughout the 2010s) has been Shiba Inu (SHIB) – in which some lucky investors got to enjoy a colossal 121,000,000% ROI. However, while 62% of crypto
Global venture capital fund White Star Capital announced Monday that it has closed a $120 million round of its second Digital Asset Fund. With the new fund, the company seeks to invest in early-stage web3 companies with a focus on DeFi and the gaming sector. Per the press release issued Monday, the second Digital Asset
Bitcoin, the world’s largest cryptocurrency by market cap, is increasingly showing a tendency to move in the same direction with some of the world’s biggest tech stocks, a recent report by Bloomberg has revealed. Per the data reported by Bloomberg, the currency saw its highest 40-day correlation with Nasdaq 100 at 0.6945 on Friday. The
Singapore, Singapore, 11th April, 2022, Chainwire Digital Entertainment Asset Pte. Ltd. (DEA), the Singapore-based GameFi organization behind the PlayMining ecosystem, revealed that its native DEAPcoin (DEP) token will be listed across one new exchange, enlarging its accessibility across multiple regions. Per the DEA team, the platform’s DEP utility token will join the Singapore-based social trading
Singapore, Singapore, 10th April, 2022, Chainwire Play-To-Earn Game To Feature User-Customizable NFT-Based Characters Singapore-based GameFi platform Digital Entertainment Asset Pte. Ltd. (DEA) has revealed its fifth gaming title for the PlayMining ecosystem titled “Graffiti Racer.” Scheduled for a beta launch this summer, the new game invites players to accumulate and race Sheet NFTs, representing the
Singapore, Singapore, 10th April, 2022, Chainwire H.E. Justin Sun, Ambassador, Permanent Representative of Grenada to the WTO & Founder of TRON, has purchased the complete set of “Twelve Digital Zodiac Heads,” the one-of-a-kind NFT art collection, on March 31 for more than $1.5 million at the Twelve Digital Zodiac Heads Special Auction hosted by Metapoly
Venhuizen, Netherlands, 8th April, 2022, Chainwire The highly anticipated Bridge Network IDO will be partially conducted on the TDX launchpad as of April 8th, 2022. Bridge Network is developing the first cross-chain super dApp to allow for seamless transactions between blockchain ecosystems. The crypto world is all set for a remarkable journey as Bridge
Near Protocol, a layer 1 smart contracts platform, is planning to issue its own stablecoin called ‘USN’, crypto media The Block reported Friday, citing a source familiar with the matter. The report came as rumors surrounding the project were already circulating amongst the community. Zoran Kole, founder of the popular Telegram group ‘Crypto Insiders,’ recently
Following the heels of payments giant American Express, rival Mastercard has filed for 15 metaverse and NFT trademark applications with the US with the United States Patent and Trademark Office on April 4. The trademark filings were disclosed by trademark attorney Mike Kondoudis, who revealed the applications were related to NFT collectibles and marketplace, software
The conflict between the Russian Finance Ministry and the central bank is likely settled after Russian prime minister Mikhail Mishustin sided with the central bank’s views towards crypto assets. The minister has confirmed that the country is still against the use of cryptocurrencies as a payment method, per a report by state-backed news outlet RT.
Came bearing fruit, Robinhood announced Thursday that it has officially rolled out its digital asset wallet after months of building hype around the product. The popular investment app has initially launched the wallet for 2 million “eligible” users who applied for its waitlist in October last year. Robinhood beta tested the wallet on a limited
