In January of this year, DefiLlama reported that DeFi TVL had reached $250 billion. Despite the decrease in TVL, August saw a 3.7% increase in activity based on DeFi. Current findings from DappRadar indicate a 10.47% decrease in the total value locked (TVL) throughout the DeFi ecosystem in August. At
A prospectus for MicroStrategy was filed with the SEC on Friday. The company has contracted investment bank Cowen & Co to sell $500M stocks. MicroStrategy (MSTR), a publicly listed software firm, now has over 129,000 BTC in its reserves, making it the biggest corporate holder of Bitcoin. One month after
Cardano’s new version of the Daedalus wallet would remove older Daedalus executables. Cardano (ADA) has price surged by more than 19% in 14 days. The eighth-largest cryptocurrency Cardano (ADA) community released the most recent version of the Daedalus wallet with significant updates. The Cardano community keeps releasing development updates to
NFTs are an integral part of China’s strategy to combat copyright infringement and internet piracy. The East Asian nation has seen a rise in the amount of piracy committed online, particularly in the form of NFTs made from pirated digital content. In response, the Chinese government has launched a new
Terra (LUNA) is getting close to the $10 goal thanks to the efforts of the Terra Community. The low for the last 24 hours is $1.90, and the high is $6.91. The price of Terra (LUNA) has nearly reached $7, a rise of almost 200% in a matter of hours.
The business has funded more than 300 startups, including Web3 and NFT firms. A $359 million deal in January gave it a valuation of more than $5 billion. Institutional investors Temasek, Boyu Capital, and GGV Capital spearheaded the $110 million investment round for Animoca Brands, a major investor in NFT
Approximately $40 million of the new capital will be used towards the purchase. Skybridge assured that there was no chance of any assets being liquidated. Sam Bankman- Fried’s FTX Ventures, a cryptocurrency venture capital company, has recently made a splash in the market by acquiring a 30% stake in fellow
The 1.2% taxation process is expected to start functioning from Sept 20th. Major exchanges like Binance, Kucoin, and Huobi have expressed support. Terra Classic’s (LUNC) new features of 1.2% tax burn and distribution of v22 update, proposals named 3568 and 4195 respectively are the talk of the town currently. The
Following a successful fundraising campaign that attracted industry heavyweights like Tim Draper’s Draper Associates, BPMT Trading Ltd, and the Holdun Family Office, blockchain-powered cybersecurity startup Naoris Protocol closed an additional round, bringing the total capital raised to date to $31 million. Both BPMT Trading Ltd and Holdun Family Office have
To illustrate how blockchain gaming has emerged as the frontrunner of the next web3. DappRadar is the global app store for decentralized applications has released its Blockchain Games Report #7. Which focuses on the most noteworthy recent advancements in the space. As per the report, the average number of Unique
