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“This round is a major milestone that helps us deliver on our vision of growth in Web 3 through better infrastructure, improved tooling, and greater accessibility across all blockchains,” QuickNode vice president Amol Shah told CryptoX in an email. Source
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Recently, as the crypto market gradually rebounds, the expected latter half of the bull market has arrived. With a dazzling array of new projects, the rapid growth of the sector has attracted much attention. Many investors see great opportunities from the promising investment potential of the blockchain industry, with possible
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Polkadot (DOT) founder Gavin Wood has unveiled a $777 million development fund ahead of the network’s parachain lease auctions. Wood tweeted on Oct. 17 that Polkadot’s treasury has allocated more than 18.9 million DOT (worth roughly $777 million at the time of writing) to a development fund that will be
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While China is trying harder than ever to stomp the cryptocurrency industry out of existence, national and provincial authorities are looking for new ways to grow blockchain, its underlying technology. The Central Cyberspace Affairs Commission and 17 other central agencies — including banking, education, prosecutorial, legal, health, energy and foreign exchange
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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International Monetary Fund, or IMF, managing director Kristalina Georgieva said more than half of all central banks in the world are exploring how to launch digital currencies.Speaking at a virtual conference hosted by Bocconi University on Oct. 5, Georgieva said the IMF was looking at central bank digital currencies, or
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The crisis of 2020 led to the fact that many countries lowered the refinancing rate in order to provide their economies with cheaper loans. The economy needs money, cheap and affordable loans. All this has led to the fact that even countries with negative refinancing rates have appeared. Negative rates mean free
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Leading wealth management platform Abra completed a Series C funding with participation from the Stellar Development Foundation. The company raised $55 million in the round led by major players in the industry, such as IGNIA and Blockchain Capital. The Stellar Development Foundation was one of the new investors in the company
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Play-to-earn gaming is one of the hottest trends in crypto these days. Decentralized finance (DeFi) was the breakout blockchain champion of summer 2020, and NFTs have been exploding in popularity since the spring, but what’s leading the crypto charge this fall is a concept that combines both DeFi and NFTs
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President of Ukraine Volodymyr Zelensky has highlighted the importance of launching a legal digital assets market in his country during a working visit to the U.S. The Ukrainian head of state met with top investors including from the cryptocurrency industry. President Zelensky Highlights Importance of Ukraine’s Virtual Assets Market Speaking to
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