Polygon Launches NFT Gaming Studio
Jul 19, 2021
Jeremy Parkinson
Cryptocurrency, No picture
The popular Ethereum scaling solution Polygon has announced the launch of a gaming and NFT studio called Polygon Studios. The initiative is aiming to strengthen the network’s fast-growing ecosystem. Polygon Eyes Gaming Space The market for crypto gaming is growing rapidly. In a Monday press release, Polygon announced the launch of a new gaming and […]
Grayscale Launches DeFi Fund for Institutions
Jul 19, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This news was brought to you by ANKR, our preferred DeFi Partner. Asset management giant Grayscale is doubling down on DeFi. Grayscale Unveils DeFi Fund Grayscale Investments is launching a new diversified fund focusing on DeFi. The firm’s CEO Michael Sonnenshein announced the update on CNBC’s Squawk Box Monday. He explained that the growing demand […]
Is TechLead Planning a “Billion Token” Rug Pull?
Jul 19, 2021
Jeremy Parkinson
Cryptocurrency, No picture
TechLead is back with a new cryptocurrency: Billion Token. TechLead Launches New Token TechLead, a YouTube influencer with over 1.1 million followers, has launched a new cryptocurrency token. “Billion Token” went live on Uniswap Monday, with trading opening at $0.001. Trading volume had hit $400,000 within two hours as the token price jumped to $0.0018. […]
Ethereum Movie with Vitalik Buterin Raises 1,036 ETH in Funding
Jul 19, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Crowdfunding for the feature-length documentary Ethereum: The Infinite Garden has ended, raising just under 1,036 ETH over two days. The First Feature-Length Ethereum Documentary Ethereum is set to hit the big screen in a feature-length documentary. The documentary, titled “Ethereum: The Infinite Garden”, sought to raise 750 ETH (around $1.4 million) to fund the project, […]
How the Sports World is Embracing Crypto
Jul 18, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Crypto has seen fast adoption throughout the sports world. High-profile sponsorships are giving crypto companies mainstream exposure. Crypto assets like NFTs and fan tokens are creating new value for sports organizations. Sports and crypto may seem like two unrelated worlds, but they have much to offer each other under closer inspection. Crypto Exposure […]
Aave May Build “Twitter on Ethereum”
Jul 17, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This news was brought to you by ANKR, our preferred DeFi Partner. Kulechov made the suggestion in response to Twitter founder Jack Dorsey’s plans to build a new platform for DeFi on Bitcoin. Aave Founder Hints at Social Media Plans Stani Kulechov has his eyes set on decentralized social media. The Aave founder shared his […]
U.S. Treasury’s Janet Yellen Will Discuss Stablecoins
Jul 16, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Janet Yellen will meet with the Working Group on Financial Markets to discuss stablecoin regulations in the U.S. next week. Yellen has historically been critical of cryptocurrency; however, she has also acknowledged its potential to improve finance. It appears that the upcoming discussion will concern commercial stablecoins, not government-backed CBDCs. This news was […]
China’s Digital Yuan Will Utilize Smart Contracts
Jul 16, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The People’s Bank of China (PBOC) stated in a new whitepaper that it is using smart contracts for its digital Yuan or e-CNY. Smart contracts supported by e-CNY will act as self-executing payments executed on “predefined conditions.” The whitepaper also discussed software wallets, hardware wallets, and matters related to transaction privacy. The People’s […]
Bank of America Reportedly Approves Bitcoin Futures Trading
Jul 16, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This news was brought to you by Phemex, our preferred Derivatives Partner. According to two anonymous sources, the Bank of America, the second-largest bank in the U.S, has started approving Bitcoin futures trading for some clients. The Bank of America Launches Bitcoin Futures Competition is increasing in Bitcoin futures trading. The Bank of America has […]
Pontem to Use Polkadot to Connect Diem and DeFi
Jul 16, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Pontem partners with Polkadot node provider to finalize experimental test network for Facebook’s Diem blockchain. The partnership with PinkNode means the Pontem team can deploy nodes on Kusama, Polkadot’s canary network. Pontem aims to help Diem introduce new features by testing them in the Polkadot ecosystem. This news was brought to you by […]