Crypto news

Kyber’s team stated that expensive gas fees and the network congestion on Ethereum left users, creating a need to solve it through Layer-2 scaling solutions such as Arbitrum. The main objective behind the multi-chain decentralized exchange (DEX) and aggregation platform – KyberSwap announcing its launch on the scaling solution – Arbitrum network – is to enable users to conduct faster and cheaper trades. KyberSwap on Arbitrum According to the official blog post, Arbitrum is...

Griffin Gaming Partners – one of the world’s largest gaming-focused venture funds – has raised $750 million to be focused on the industry, partially including the web 3 / blockchain-based gaming segment. Founding partner Nick Tuosto told Forbes that the fund’s definition of “gaming” includes gaming content creation, platforms for social communication surrounding games, and blockchain/ web 3 related titles. This second fund is far larger than the company’s first, which was...

India is likely making a big mistake considering a ban on crypto any further given that it’s people really seem to love the industry. India Has an Odd Relationship with Crypto Swati Daga is a businesswoman in India that first bought bitcoin in the year 2017. This was at a time when the currency was trading for under $3K. Her family did everything they could to try and convince her that investing her hard-earned cash in BTC or any other form of crypto was a bad idea, but...

Immutable X – a layer 2 NFT trading platform built on Ethereum – announced the closing of a $200 million Series C funding round on Monday. Led by Singaporean investment company Temasek, the round brings Immutable’s valuation up to $2.5 billion. Expanding the Team 5 other new investors also partook in the round, including Princeville Capital, Arrington Capital, ParaFi Capital, Mirae Asset, and Liberty Global. Meanwhile, existing investors such as Prosus Ventures, AirTree...

It’s always refreshing to see someone change their minds about crypto, and in the case of billionaire Ken Griffin, he has gone from a negative Nancy to a believer. Ken Griffin Stands Behind BTC It wasn’t long ago when Griffin was advising all his followers and listeners that bitcoin was a space to avoid. Not long ago, he purchased a copy of the American constitution for roughly $40 million and beat out Constitution DAO, a crypto group that sought to purchase the item...

Key Support level: $0.70, $0.58 Key Resistance levels: $0.86 XRP’s price managed to hold well above the key support at $0.70, and now the lower timeframes such as 4-hours are turning bullish, which can lead to a short relief rally. It is unlikely for the price to reach the key resistance at $0.86, but this is a good sign for bulls. Chart by TradingViewTechnical Indicators Trading Volume: The volume remains low, so it’s best to be careful during any relief rally as it may trap...

As the war continued to rage, ruble-denominated Bitcoin values rose sharply. Authorities are now looking for ways to minimize use in dodging financial sanctions. And while the recent activity demonstrated that a collapsing ruble might be driving Russians into Bitcoin, FTX CEO – Sam Bankman-Fried – believes the sanctions have made it difficult for them to access digital assets. In the latest interview with CNBC, SBF acknowledged witnessing an enormous amount of digital asset...

The US government and EU authorities said over the weekend that they are considering banning Russian oil imports. Shortly after, the ruble dumped by another 10%, while oil prices skyrocketed during early Monday trading hours. Ruble Dumps, Oil Soars Following President Putin’s “special military operation” against Ukraine, which became an all-out war between the two former Soviet states, the EU and the US began imposing sanctions against Russia instead of getting directly...

[PRESS RELEASE – Singapore, Singapore, 7th March 2022] Cartesi’s overall brand identity has been refreshed to match the company’s new strategy and promise. The new visual language, brandline, pay-off, photography, and videos demonstrate how The Blockchain OS should be an inclusive platform, a home for next-generation applications, and a home for what’s next. The Blockchain OS: Home to what’s next How do you transform a brand founded on complex technology for tech insiders...

[PRESS RELEASE – Please Read Disclaimer] SocialFi Pioneer, Torum has recently announced a partnership with DreamVerse, a VR Metaverse built with Unreal Engine 5, with over 100 world-class IPs, including but not limited to NBA superstar Tracy McGrady, Evgeni Plushenko (four-time Olympic medalist), Astro Boy, a part of Osamu Tezuka’s collection, EVA and The Wandering Earth. The scope of the collaboration includes DreamVerse allocating a piece of land for Torum to build a...