Tag: Klaytn

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Solana Ventures sets up $100M fund for GameFi and DeFi in South Korea

The new fund is intended to support the growth of NFT, gaming, and DeFi projects on Solana and to help keep former Terra developers on their feet following Terra’s fall. Solana Ventures and the Solana Foundation have formed a $100 million fund to help support the growth of nonfungible token (NFT), blockchain gaming and decentralized…
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NFT Marketplace Opensea to Add Credit Card, Apple Pay Support via Moonpay

According to the firm Moonpay, the non-fungible token (NFT) marketplace Opensea plans to accept credit card payments using the company’s payment infrastructure. The move follows Opensea gathering $23.5 billion in all-time sales volume, and the company’s recent Solana support announcement. Moonpay Reveals Opensea Users Will Soon be Able to Pay for NFTs With a Credit…
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Leading NFT Marketplace Opensea to Add Solana Support in April

The largest non-fungible token (NFT) marketplace Opensea has plans to add Solana support in April. The news follows an abundance of rumors that said the company would be adding Solana in the near future. Opensea Confirms Solana Support After a Myriad of Rumors and Speculation Opensea has confirmed it will be adding Solana (SOL) support…
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Klaytn token down 15% in a month, but network’s TVL shows resilience

KLAY’s market cap is roughly 70% below its all-time high, but the network’s TVL and DApp data hint that the service-oriented blockchain might bounce from its lows. Klaytn (KLAY) had a promising start in March 2021, reaching an impressive $11 billion market capitalization following its debut. However, investors have exaggerated their expectations as the token’s…
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KB Bank to launch South Korea’s first crypto investment fund

The investment fund will be the first offered by a bank in the country and is expected to include a type of crypto index and ETFs. Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors.  KB announced on Feb. 21 that it had formed a…
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Top 5 cryptocurrencies to watch this week: BTC, LEO, MANA, KLAY, XTZ

BTC continues to lose ground, but if the $40,000 level is reclaimed, LEO, MANA, KLAY and XTZ could be the first to recover. Russia’s massive build-up of soldiers, warplanes, equipment and extended military drills near Ukraine’s borders increased fears of a possible invasion within the next few days. That could have renewed selling in Bitcoin…
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South Korea’s leading blockchain facing greater competition in NFT market

South Korean blockchain platform Klaytn may see its domestic dominance dwindle if it cannot keep pace with competitors such as Polygon. South Korea’s nonfungible token (NFT) space has rapidly expanded throughout 2021 led by the growth of crypto and NFT services offered by Kakao, but competitors are entering the fray. The NFT market in South…
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Top 5 cryptocurrencies to watch this week: BTC, KLAY, VET, SOL, KSM

Bitcoin appears to be preparing for a move toward $60,000, while KLAY, VET, SOL and KSM are attempting to find bullish momentum. In trading, selling a position is as important as buying it at the right time. Therefore, the big question that could be troubling traders is whether or not Bitcoin (BTC) price will enter…
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