Key takeaways: On the heels of a recent Coinbase listing, GALA has become the best performing blockchain gaming token of 2021 in terms of price value The crypto gaming sector has experienced exponential growth due to new monetization mechanics and metaverse hype Certain gaming tokens are reaching market capitalizations larger than their more established non-blockchain…
Throughout Week 46 bearish conditions prevailed on most cryptocurrency markets. This caused the total cryptocurrency market capitalization to drop by over $400 billion compared to the ATH market valuation of $3.03 trillion that was set on November 10. Nevertheless, there was one crypto sub-group that managed to defy the general downward trend. These were the coins and tokens associated with blockchain gaming sector, which is still gaining momentum following Fecebook’s rebrand into Meta. Several tokens, including the MANA (Decentraland) and SAND (The Sandbox), which we wrote about in our previous articles, surged towards their new ATHs. But which coins have the best potential to do the same in Week 47? Well, this might just be the best place to find out…
After years of anticipation, the first batch of parachains auctions was successfully completed on Thursday. The first-ever parachain auction slot winner with 32M DOT staked is Acala, popular decentralized finance (DeFi) hub for Polkadot. Acala came out ahead in a neck and neck race with multi-chain protocol Moonbean.
After buying a one-ounce Btcioin physical coin with a denomination of 1,000 Bitcoin (BTC) in 2011 for $4,905, the anonymous investor couldn’t possibly have predicted that he would be in possession of the most valuable numismatic item just ten years later.
The US financial industry watchdogs are preparing a joint statement with new regulatory guidelines applicable to the cryptocurrency industry. As reported by Bloomberg, the Office of the Comptroller of the Currency (OCC) is close to issuing a review of the blockchain sector, and the conclusions are likely to be unfriendly to crypto.
Singapore, Singapore, 19th November, 2021, DoraHacks, a decentralized global developer community and open-source incentive platform, has secured $8 million in strategic investment from Binance Labs, the venture capital arm and innovation incubator of Binance. DoraHacks is a global hackathon organizer and one of the world’s most active Web3 developer communities. It provides Web3 native on-chain…
Neuchâtel, Switzerland, 18th November, 2021, European privacy startup Nym Technologies has successfully closed its third investment round. Led by Andreessen Horowitz (a16z Crypto), this $13 million financing round included participation from leading venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures, Hashkey, and Fenbushi. Following a Polychain-led round and hiring Chelsea Manning as a…
Binance, the largest cryptocurrency exchange, recently issued a list of 10 fundamental rights for crypto users, a cryptocurrency bill of rights of sorts, calling on industry leaders and policymakers to work together to produce a regulatory framework for the future of crypto.
Avalanche (AVAX) has become the ninth blockchain platform to support the world’s largest stablecoin. Users of the high-performing and easily scalable network can now use Avalanche-native Tether (USDT) to gain access to the most liquid stablecoin in the industry.