Cryptocurrency Analysis and News Portal
Blockchain has caused a paradigm shift that is redefining trust building and top-down business operations. And it comes along at the same time as other disruptive technologies such as artificial intelligence and the internet of things. As organizations and businesses adapt, they will face big issues that will require even
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The Osmosis Foundation has closed a $21 million token sale from its treasury to help expand the Osmosis automated market maker (AMM) protocol. Paradigm led the foundation’s first fundraising with participation from Robot Ventures, Nascent, Ethereal, Figment and Do Kwon, Terraform Labs’ CEO. Source
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“We love the team and think the concept of AI characters as collectibles is ingenious. We’re excited to see how crypto and game mechanics can help drive forward innovation and reward researchers in artificial intelligence,” said Dan Robinson, head of research at Paradigm, in a statement to CoinDesk. Original Source
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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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Nonfungible tokens, or NFTs, are digital records of the ownership of assets. The asset types most commonly associated with NFTs are digital assets, such as artwork like memes, GIFs, or gaming characters or properties. Assets represented by NFTs, however, may be digital, physical, tangible or intangible. Examples of asset types
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At their 2021 peak, stablecoins were settling between $10 billion and $30 billion in transactions each day, data from Coinmetrics reveals. Therefore it’s fair to say, these digital assets are becoming more relevant for the crypto industry. However, there are many blind spots and concerns with some of the most popular
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Decentralized trading platform Synthetix has raised $12 million from venture capital firms Coinbase Ventures, Paradigm and IOSG. The raise looks to be a rare occurrence of VCs investing through the purchase of a platform’s native token directly from its treasury rather than wiring funds to its founders.Synthetix is run by
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The Synthetix DAO has added some new, perhaps surprising voices to its governance. Today the synthetic asset protocol announced a $12 million dollar fundraise led by venture capital firms Paradigm, Coinbase Ventures, and IOSG. The funds purchased SNX tokens directly from the DAO treasury, and “will contribute where possible by providing
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It’s hard to do justice to the symbolism and significance of the Reddit-Robinhood-GameStop drama of this past week.That’s not to say it hasn’t been overblown in some quarters. I’ve heard it compared to the Capitol riots – no, that was sedition, this is rebellion, very different. I’ve seen calls for
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Less than two weeks after the price and trade volume of Dogecoin (DOGE) exploded following a get-rich-quick TikTok challenge that went viral, the meme coin has been making headlines again. This time, Elon Musk’s humorous tweet briefly reversed the downward trend that the asset had entered since the TikTok boost
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