Cryptocurrency Analysis and News Portal
“We believe that we are at the beginning of a digital renaissance in the world of art and content creation,” Visa’s Head of Crypto Cuy Sheffield wrote on Twitter. “New technologies emerging in the crypto ecosystem, like NFTs, have the potential to lower the barrier to entry for digital creators
Read More
Digital-asset platform SEBA Bank has introduced a product that will allow clients to earn yield on their crypto holdings.The Zug, Switzerland-based firm’s SEBA Earn will let institutions generate income from proof-of-stake protocols such as Polkadot, Tezos and Cardano, with other networks being added over time.The platform will also enable investors
Read More
Switzerland-based technology company Velas has allocated $100 million to startups building on top of the Velas blockchain, marking a sizable increase from its initial pledge of $5 million earlier this year. The grants program is designed to support the growth of the Velas ecosystem and expand its capabilities within Web 3.0,
Read More
Yield Guild Games (YGG), a decentralized gaming startup, said it invested $175,000 in Merit Circle to help “bring play-to-earn to the masses.”YGG said it will work with Merit Circle, also a decentralized autonomous organization (DAO) focused on gaming, to expand its play-to-earn scholarship model that is focused on developing countries.YGG
Read More
Unlike other layer-2 blockchain solutions, Aventus is enterprise-grade, having an agreement to onboard over 58 million transactions from a variety of clients across various sectors. The Aventus Staking Program is already 80% full and has begun processing the first of at least 58 million transactions. The publicly stated goal of the company
Read More
Avalanche-native decentralized exchange (DEX) Trader Joe announced Thursday the launch of a $20 million liquidity mining incentive program in collaboration with the Avalanche Foundation.The incentives will be applied “across the entire platform” but will focus in particular on “growth in native markets,” per a copy of the release provided to
Read More
“Long story short, Augur v2 (on Ethereum) had numerous problems in regards to the cost to use it, gas prices, and transaction times,” Tom Kysar, Director of Operations at Augur, said in a statement. “Augur Turbo on Polygon negates these issues, making it virtually free to execute trades and take
Read More
Axie Infinity, a play-to-earn NFT game based on the Ethereum blockchain, announced the launch of the staking program for its native token, Axie Infinity Shards or AXS. AXS holders can start staking their tokens while the rewards will be activated in 24 hours to ensure all time zones could stake beforehand,
Read More
The Nasdaq-listed cryptocurrency exchange Coinbase has dropped its plan to launch a lending program after the U.S. Securities and Exchange Commission (SEC) threatened to sue the company. Coinbase Will Not Launch Lending Program Coinbase announced Friday that it has decided not to launch the Lend program. The exchange wrote: Our goal is to
Read More
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
Read More