Mon, October 5

GameFi Platform Arcade Raises $3.2M Led by Crypto.com and Other Prominent Investors

The GameFi platform Arcade has secured $3.2 million in early investment for its mission to make web3 gaming accessible to everyone. Arcade’s notion of mass-market gaming in which anybody may earn monetary incentives attracted a number of industry giants and well-known investors. The seed round was led by Crypto.com and

October 19, 2022 2 mins read

Yield Monitor Integrates DeFiChain blockchain, Providing Exposure to On-Chain Metrics

In a recent announcement, Yield Monitor, a multi-chain portfolio tracker for DeFi investors, revealed that the DeFiChain (DFI) blockchain has been integrated into the Yield Monitor database. This is the platform’s second non-EVM mainnet integration. When it comes to providing users with access to decentralized financial apps and services, DeFiChain

October 19, 2022 2 mins read

Taco, an NFT Loyalty Automation Tool, Enables Tezos NFT Support on Shopify

The Taco app has integrated the energy-efficient, Tezos blockchain Support for Tezos NFTs has been added to Shopify through the Taco: NFT Loyalty Automation Tool Software development firm Taco Labs Inc. recently announced their programme “Taco: NFT Loyalty Automation” now supports Tezos NFTs on Shopify and has incorporated the energy-efficient Tezos

October 19, 2022 1 min read

Top 5 NFT Collections by Sales Volume

NFT sales rate was over $12 million with more than 35K buyers, in the last 24 hrs. Four belong to the Ethereum platform and one is based on the Solana network. The top 5 NFT collections ranked on the CryptoSlam based on the sales volume are as follows Sorare, CryptoPunks,

October 19, 2022 2 mins read

NFT Platform Azuki Introduces Physical Backed Token (PBT)

PBT is an open-source token standard that ties a physical item to a digital token on the Ethereum blockchain. As per Azuki, everyone is free to use the PBT standard to authenticate, verify, and build experiences. Azuki, the anime-based non-fungible token (NFT) project has recently launched a physical backed token

October 19, 2022 2 mins read

The Israeli Government Will Test Blockchain-Based Bonds With TASE

Israeli government and are collaborating with digital asset infrastructure firms. The participating banks will receive a new series of tokenized government bonds on their e-wallets. A blockchain-based digital state bond is about to be released by the Israel Ministry of Finance and the Tel Aviv Stock Exchange (TASE). To conduct

October 19, 2022 1 min read

Binance Launch $500M Lending Project to Aid Crypto Companies

Binance Pool has launched a $500 million leading project to aid crypto mining and startup firms. Binance sustains its expansion plans despite the market’s slump. Binance Pool, Binance’s mining division, has launched a $500 million lending project to support the crypto mining and startup industries. It will make loans to

October 19, 2022 2 mins read

Flipkart Introduced “Flipverse” a Metaverse-based Shopping Platform

Flipverse shopping will be available until October 23rd.  Flipkart’s metaverse-based shopping would support 15 brands. Flipkart, one of the largest e-commerce firms in India, has partnered with decentralized music and entertainment company eDAO to launch the “Flipverse”, a metaverse-based shopping platform. Customers will be able to make purchases using their

October 19, 2022 2 mins read

BNB Chain Member Covers Sustainability-Related Blockchain Changes

Blockchain industry has now shifted to renewable energy usage with major consensus changes. BNB Chain and others are also updating their technology to reduce emissions. The BNB Chain Investment Director, Gwendolyn Regina’s disquisition on “Blockchain Consensus Mechanisms and Their Role in Sustainable Blockchain Development”, has opened up the web3 initiatives

October 19, 2022 2 mins read

Federal Investigations Against Bankrupt Crypto Lender Celsius

The company has received inquiries from the SEC, CFTC and FTC.  A federal grand jury subpoena was issued to the firm. US federal investigations are being conducted into the bankrupt cryptocurrency lender Celsius Network as per the Bloomberg report. According to a document submitted by attorneys for Celsius’ committee of

October 19, 2022 1 min read