NFT trade volume increased by $99 million in October compared to the previous month, according to a research issued by crypto analytics company DappRadar, suggesting that the NFT market is bouncing back. However, there has been significant reductions in staff at renowned NFT marketplace OpenSea as announced on Friday. According
Cryptocurrencies have gained significant attention owing to their growing utilization across different sectors and digital services. The cryptocurrency landscape is marked by its diverse array of opportunities, with numerous crypto projects accessible for investment and practical use, some of which have proven highly profitable for their early backers. Zeebu (ZBU)
Georgetown, Cayman Islands, November 2nd, 2023, Chainwire Injective, a Cosmos Layer-1 blockchain designed to power next-generation DeFi applications, has selected the Kava Chain’s Native USDT for their Perps trading. The Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability
Chiliz, a leading blockchain provider for the sports industry, recently announced its SportFi ecosystem now consists of more than 25 partners spanning diverse categories. The goal is to blend sports and decentralized technologies to transform fan engagement and business models. With over 2 million users on its Socios.com platform, Chiliz
According to a recent announcement by Ripple, the XRP token has been approved by the Dubai Financial Services Authority (DFSA) as part of its virtual assets regime. According to the press release by Ripple, licensed enterprises in Dubai International Financial Centre (DIFC) may now include XRP into their virtual asset
The U.S SEC has issued a subpoena against payment processing behemoth PayPal in relation to its stablecoin pegged to the U.S. dollar. On November 2nd, PayPal publicly stated in its Q3 financial report with the SEC that it had received a subpoena from the SEC’s Enforcement division over its PYUSD
Injective (INJ) has displayed a significant surge of over 517% in the past year, reaching a 17-month high of $15.72. This price rally comes in the wake of a strategic collaboration with the Kava Network, aiming to expand access to stable assets like USDt. Injective has officially integrated @KAVA_CHAIN to
St. Galler Kantonalbank (SGKB), Switzerland’s fifth-largest cantonal bank, has made headlines by deciding to broaden access to crypto services. SGKB is planning to provide Bitcoin (BTC) and Ethereum (ETH) trading and custody services to customers in Switzerland in partnership with SEBA Bank, a digital asset specialist licensed by the Swiss
The U.S. authorities said in a filing on Wednesday that a revised bankruptcy plan submitted by cryptocurrency lender Genesis last week marks a substantial change of intentions. Instead of reorganizing, the lender is now trying to sell off its assets. The filing by U.S. Trustee William Harrington said that the
There is a direct correlation between the ecosystem’s total value locked (TVL) and the current spike in Cardano prices. According to the latest figures from DefiLlama, Cardano’s TVL has risen by 28.14% over the previous two weeks, to $210 million. $97.88 million of this TVL comes from the two major
