Singapore, Singapore, 19th April, 2022, Chainwire TUSD celebrates its successful one-year introduction to the market. April 9 marked the first anniversary of the stablecoin’s deployment on the TRON blockchain. Since then, TUSD, the first fully-regulated USD-pegged stablecoin on TRON with real-time on-chain audit, has been on the growth upswing, attracting large numbers of users while […]
Perth, Australia, 18th April, 2022, –Envision, a Web3 Platform that’s enabling content creators to sell directly to buyers via a decentralized peer-to-peer exchange, has announced the launch of its VIS token presale for early investors on EktaChain, a rapidly growing Layer 1 ecosystem that aims to bridge blockchain with the physical world. The VIS Token
Tense Russia and Ukraine relations, soaring European commodities prices, inflation in Denmark hitting the highest level in nearly 40 years, and the price of Bitcoin falling below US$40,000 only to rebound. Volatility is the keyword of the day, making it hard for even a crypto veteran to judge where the cryptocurrency market is headed and
Cryptocurrency startup Fasset is looking to ramp up its expansion in the emerging crypto markets with its latest round of funding. The digital asset gateway has raised $22 million in a Series A funding round led by Liberty City Ventures and Fatima Gobi Ventures. The UK-based company also saw participation from Soma Capital, MyAsiaVC, and
Germany has now become the most cryptocurrency-friendly nation in the world, defeating some of its strongest contenders in the space, such as Singapore and El Salvador. The results were determined by crypto analytics platform Coincub in its Q1 International Crypto Ranking Guide 2022. Singapore, which was the most crypto-friendly country as of 2021, dropped to
The latest report by blockchain analytics firm Chainalysis has analyzed whether Russian oligarchs can use cryptocurrencies to evade sanctions placed by the United States and its allies. The report, which estimated the oligarch’s offshore funds to be around $800 billion, concluded that the cryptocurrency market does not hold sufficient liquidity to support extremely large sell-offs
ECommerce giant Amazon is not close to accepting cryptocurrencies as means of payment, CEO Andy Jassy told CNBC in an interview on Thursday. On the other hand, it’s possible that the company may sell NFTs in the future. “We’re not probably close to adding crypto as a payment mechanism in our retail business, but I
Ava Labs, the development team behind the popular Avalanche Foundation, is looking at a more than $350 million raise that would take the company’s valuation to $5.25 billion, Bloomberg reported Thursday, citing anonymous sources familiar with the matter Avalanche developer Ava Labs is raising $350 million at a valuation of $5.25 billion, Bloomberg reported. The
Ethereum Push Notification Service, or EPNS, a decentralized notification protocol, has raised $10.1 million in a Series A funding round led by Jump Crypto, the Jump Trading’s crypto arm. The round also saw participation from Tiger Global, ParaFi, Sino Global Capital, Polygon Studios, and Harmony Foundation, and more. The latest funding would push the protocol’s
-, -, 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
