Tag: Blockchain

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Nexo dodges $219M bullet just days before FTX’s solvency crisis

The firm withdrew its remaining balance from FTX at the 11th hour and topped weekly fund outflows from the troubled exchange. According to a Nov. 8 tweet, crypto lender Nexo currently has net zero exposure to the ongoing crisis embroiling cryptocurrency exchange FTX and crypto trading firm Alameda Research. Nexo also explained that it withdrew its…
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Polygon Beats Estimates As MATIC Registers 26% Weekly Gain

Polygon (MATIC) surpassed expectations with regards to its trading price as it ended up being the top gainer in a seven-day period right now among the top 15 cryptocurrencies in terms of market capitalization. Trading at $1.11 according to latest tracking from Coingecko at press time, the altcoin managed to climb by 26% for the…
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Gamefi Project Oasys Aims to Grow Blockchain Gaming in Japan Through YGG Partnership

Oasys, a gaming-oriented, Japan-based Web3 project, is partnering with YGG, a blockchain gaming guild, to grow blockchain gaming in Japan. The partnership encompasses the use of YGG resources to promote gaming projects built on top of the Oasys ecosystem, giving developers from all over the world an opportunity to get into Japan’s gaming market. Oasys…
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Payment Firm Circle to Bring Euro Coin to Solana in Early 2023

Circle, the US-based payments company that issues the stablecoin USD coin (USDC), announced its plans to bring its Euro Coin and cross-chain transfer protocol to Solana (SOL) in early 2023. In a Sunday press release, the company said that it aims to expand native support of Euro Coin and access to its new permissionless cross-chain infrastructure on…
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Crypto hits the main stage at Web Summit in front of record crowds

Web Summit attracted over 71,000 attendees to Lisbon for the renowned technology summit, with cryptocurrency and blockchain taking a more central role in 2022. Portugal’s capital city of Lisbon has established itself as the spiritual home of one of the world’s largest technology events. Web Summit has called the Altice Arena home since 2016 and…
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Square Enix Announces Symbiogenesis, a Story-Driven NFT Interactive Experience

Square Enix, the Japanese AAA game developer and publisher, announced the launch of a new NFT-based gaming franchise, titled Symbiogenesis. The experience, which will be built on top of Ethereum, will leverage the use of NFTs (non-fungible tokens) as art that users can set as profile pictures and use in a separate NFT market. Square…
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What are crypto whale trackers and how do they work?

Crypto whale action can affect the price of cryptocurrencies and tracking these whales can offer invaluable and timely insights into price movements. What are the common crypto whale tracking tools? Whale tracking tools like Whale Watchers, Whale Bot Alerts and others can help investors spot whale action and make quick and timely decisions. Whale tracking…
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Vietnam Businesses Urge for Blockchain Training of Students and IT Specialists

Members of the expanding blockchain sector of Vietnam have called on government and educational institutions to turn more attention to the deficit of talent. With the shortage of qualified personnel being a global challenge, they say the country needs to address the lack of training. Industry Players Highlight Growing Need for Blockchain Experts in Vietnam…
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What is Humanode human-powered blockchain?

Humanode is the decentralized crypto-biometric network based on 1 human = 1 node = 1 vote ethos that brings Sybil resistance to the crypto space. The future of blockchain and biometrics merge The merge of blockchain and biometrics has cogent potential. A new emerging ecosystem based on it is here to improve human life as…
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Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round

Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was part of a $46 million investment round, that also saw the participation of two more companies: Shinhan Asset Management and Kiwoom Securities. Microsoft Backs Korea-Based Gaming…
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