Cryptocurrency Analysis and News Portal
Nonfungible tokens (NFT) continue to be one of the hottest sectors of the cryptocurrency market in 2022 despite the overall multi-month weakness seen in Bitcoin (BTC) and other large-cap crypto assets.One project that has benefited from the persistent bullishness in the NFT space is ImmutableX (IMX), a layer-two scaling solution
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Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with the layer two (L2) Ethereum scaling project, Immutable X. The two teams have also established a $100 million
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Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream adoption of DeFi solutions. The new lending marketplace, which is offered on unsecured lending protocol TrueFi, gives independent financial institutions the ability to design,
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The gaming retail giant said Thursday it tapped the layer 2 system, to be used atop Ethereum, because of Immutable's “zero gas fees for trading and minting NFTs in a carbon-neutral environment,” according to a press release, referring to non-fungible tokens. Original Source
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Kaddex, the powerful, gas free DEX on the Kadena blockchain, have launched their public pre-launch sale on Tokensoft (@TokensoftInc) on February 1st, 2022 at 14:00 UTC,
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The BGFOF index was launched in January in conjunction between the two firms and tracks the performance of 22 financial services companies in the digital economy. The list of companies includes Silvergate Capital (SI), PayPal (PYPL), Coinbase Global (COIN), Block (SQ), Robinhood Markets (HOOD), Argo Blockchain PLC (ARB) and more.
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Institutional bitcoin broker NYDIG has launched an employee benefit program allowing workers of participating companies to convert a percentage of each paycheck into bitcoin.Employees that are enrolled in the Bitcoin Savings Plan can choose what percentage of their pay they would like to auto-convert to bitcoin, and the crypto is
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On Monday, VanEck, a financial institution with close to $82 billion in assets under management with exchange-traded funds, or ETFs, mutual funds and institutional accounts, announced the launch of its first cryptocurrency fund. The fund is listed as an exchange-traded note, or ETN, on the Deutsche Borse Xetra and SIX
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Arcade says it currently has more than $15 million locked up in blue chip NFTs and $6 million in loan volume, with average loans being around $350,000, a representative told CryptoX. (Blue chip NFTs are considered to be those among the highest valued in the market, like Bored Ape Yacht
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“It's important that Ronin has shared ownership by the community that builds and uses it. In the first month of Ronin, Axie experienced a 300% increase in monthly NFT trading volume and a 131% increase in daily active battlers,” said Jeff Zirlin, Sky Mavis growth lead and co-founder. Source
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