Over the past couple of months, Polygon has become a hotbed for non-fungible tokens (NFTs), particularly those pertaining to the growing GameFi sector. The sales of unique digital items on the network nearly breached the 2 million mark in December after gaining considerable momentum throughout the second half of 2021.
Sygnum, a regulated digital currency bank based out of Switzerland has raised $90 million in a Series B financing round, which elevated the company’s valuation to $800 million. The funding round was led by prominent alternative investment firms, including Sun Hung Kai & Co., Animoca Brands, and SBI Holdings.
Bitcoin and other digital currencies have undergone a massive market pullback in the last 24 hours, which plunged virtually all coins in the red zone. The value of all digital assets in circulation has diminished by roughly 10%, leaving the total market cap standing at $2.09 trillion at press time.
Another step forward for blockchain domination by Orbs, who are swiftly partnering up with all the major Layer 1 and 2 chains and forming key integrations with many exchanges and platforms. The latest news comes from QuickSwap, which has launched a Dragon’s Syrup Pool for Orbs, which seems to be one of the sweetest things in the staking realm right now.
Singapore, Singapore, 5th January, 2022, StarSharks – an NFT-GameFi ecosystem built on the Binance Smart Chain – has officially launched its first game StarSharks.Warriors. It is a turn-based card game where the player’s goal is to eliminate all sharks of their opponents. Players can install the StarSharks.Warriors official version from the StarSharks homepage. The new…
Singapore, Singapore, 5th January, 2022, SYN CITY, the first-ever mafia metaverse, has selected Balancer’s user-friendly version, Copper Launch, to handle its upcoming token launch auction. SYN CITY is following in the footsteps of GuildFi and Merit Circle who both raised more than $100 million apiece during their respective token auctions on Copper Launch. SYN CITY’s…
Drone racing is a rapidly emerging form of entertainment that allows competitors to put their split-second decision-making to the test and use head-mounted displays to navigate their customized drones over a set course as quickly as possible. Drone Racing League (DLR) is reportedly partnering with Playground Labs to bring the popular concept to the metaverse.
On Monday, Vitalik Buterin appeared as a guest on the latest episode of the Bankless podcast, a Youtube series that explores the frontier of crypto money and finance. In the 2 hour talk, the founder of Ethereum and its head developer outlined the current state of the world’s second-largest crypto network and identified key obstacles standing in the way of “100% optimization.”
Munich, Germany, 5th January, 2022, Gains Network, creator of the next-generation decentralized leveraged trading platform gTrade, has applied for $750,000 in financing from the Polygon DeFi in order to hit the next two major milestones on its roadmap. Gains Network has unlocked an initial budget of $250,000 in MATIC tokens to help it hit four…