Despite the crypto bear market, demand is still fueling the expansion of the metaverse, as evidenced by the latest report from DappRadar, the global app store for decentralized apps. Summary Despite a 91.61% reduction to $90 million in trade volume for virtual worlds in the third quarter, the number of
ChainSafe is a leading blockchain firm, an early entrant of Web3 infrastructure has successfully raised $18.75M in Series A funding. The main aim to participate in the fundraising is to expand its presence in blockchain gaming and Web3 technology. Moreover, the fundraising sessions were led by popular companies in the
Funding will enable ChainSafe, an innovator in protocol engineering, to accelerate development of web3 infrastructure. TORONTO–(BUSINESS WIRE)–#blockchain—ChainSafe Systems, one of the world’s top blockchain infrastructure firms, announced today that it has secured US$18.75 million in an oversubscribed Series A funding round. The investment was led by Round13 with participation from
New Crypto SourceTM program extends Mastercard’s safe, secure and trusted services PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard today introduces Crypto SourceTM, a new program to enable financial institutions to bring secure crypto trading capabilities and services to their customers. The 2022 Mastercard New Payments Index reported that 29% of respondents globally hold cryptocurrency
High inflation has affected people in both nations as a result of the war’s economic toll. Ukrainian hryvnia-denominated trade volume increased by 121% to $307 million in March. There was a spike in crypto transactions between Russia and Ukraine shortly after hostilities broke out in late February. While Russian transactions
Alien Worlds became the first most-played blockchain game in Q3. Benji Bananas raised its daily UAWs by 2468% in September. The Blockchain Game Alliance and DappRadar, a global app store for decentralized applications, have released reports on blockchain gaming activity. The report revealed that Web3 engagement is being fueled by
$400,000 have been raised since the beginning of the invasion in February. The entity bought things like survival gear and ordinary military gear. According to an analysis by blockchain intelligence company TRM Labs, pro-Russian organizations are using crowdfunding campaigns. In order to raise a substantial quantity of Bitcoin and other
With a year-over-year increase of 120.9%, Morocco comes in at number two. transaction volume in Egypt tripled compared to the preceding year. Chainalysis reports that between July 2021 and June 2022, MENA consumers saw a 48% increase in crypto transaction volume, reaching $566 billion. Among the eight areas studied, this
LBank, a top crypto exchange, has been named the Most Trusted Crypto Exchange at the CryptoExpo Dubai 2022 event. Allen Wei, CEO of LBank said: “We are truly honoured to be recognised by Crypto Expo Dubai as the most trusted exchange. This award represents all LBank stands for, our commitment
Formerly, Russian citizens were permitted to hold up to 10,000 Euros in crypto. More billionaires, top military leaders, and propagandists have been sanctioned. The European Council of the EU issued the eighth round of sanctions on Russia on Thursday. All cryptocurrency wallets, accounts, and custody services are now illegal for
