Tortola, British Virgin Islands, 7th April, 2022, Chainwire The Kingdom, the world’s first culture-led Metaverse, has secured $3.6 million in its private funding round. Numerous prominent investors took part in the round, catapulting the project to the forefront of Web3 development. The Kingdom will be an open-world Metaverse focusing on culture-led experiences through NFT collaborations, […]
SushiSwap (SUSHI) and Synthetix (SNX) received a heavy blow on Wednesday after Grayscale Investments removed their exposure from its DeFi Fund’s portfolio as part of its quarterly readjustments. The move came after the protocols’ market capitalization fell short of Grayscale’s minimum requirements. At press time, decentralized exchange SushiSwap and synthetic asset issuance protocol Synthetix have
San Francisco, CA, 7th April, 2022, — LOVO, a synthetic speech startup, has closed a $2 million extension to its pre-Series A round, which now totals $6.5 million. The extension was led by Hashed, a global crypto venture capital firm active in the blockchain gaming and NFT ecosystem, previously investing in Axie Infinity, The Sandbox
A new survey conducted by NBC News suggested that at least one in five adults in the United States have explored cryptocurrencies through trading and/or investing. Of the total 1000 respondents participating in the poll, 21% have “dabbled” in cryptocurrencies, demonstrating heightened interest in the space. The crypto industry saw significant growth in the year
Dapps 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
Trezor, a popular crypto hardware wallet, is likely suffering from a security breach as thousands of its users were targeted in a phishing attack. In a Tweet posted Sunday, the Prague-based company reported that it is investigating a “potential data breach of an opt-in newsletter hosted on MailChimp.” It has also warned users to not
Huobi Global, one of the world’s leading global exchanges, has unveiled a trading bot on its Huobi Global mobile app that will enable investors to capitalize on price volatility in the cryptocurrency market. The trading bot allows users to place buy and sell orders at certain regular intervals above and below the price of a
Popular NFT marketplace OpenSea has expanded its payment options to fiat by enabling transactions through credit cards. The company has partnered with payments infrastructure firm MoonPay to enable direct credit card payments. Specifically, OpenSea will leverage MoonPay’s new solution NFT Checkout which allows users to purchase an NFT instantly with a debit or credit card,
