Magic Eden, created in September, was valued at $1.6 billion after the Series B round. Just three months ago, Magic Eden had announced a $27 million Series A round. NFT marketplace Magic Eden, which now controls the great bulk of the Solana market, is preparing for growth. The firm revealed
Amid a brutal bear market, blockchain games are the vertical maintaining pace with the rest of the industry. Illuvium’s Galaverse and new move-to-earn ventures keep interest in this vertical alive. The crypto market’s protracted bear season is affecting the dapp business, which is having its own difficulties. For the first
ISO has certified BTC Markets for information security management. BTC Markets has become an authorized representative. BTC Markets, a cryptocurrency exchange operating in Australia has become the country’s first crypto firm to be issued a financial services license. JUST IN: 🇦🇺 BTC Markets has become Australia’s first #crypto exchange to
BitOasis stated nine laid-off reflect nearly 5% of the company’s employment. Bybit joined the list by reducing its staff by 20% to 30%. On 19 June, Dubai-based cryptocurrency exchange BitOsasis the company, which has been serving the Middle East since 2015, announced the layoffs of 5% of its employees in
Major crypto exchanges are suspended due to Cloudflare outage. Popular internet services are also suffering from the existing issues. The Cloudflare team is fixing the ongoing issues for a smooth service. Cloudflare is a popular content delivery network which saves a lot of time routing to the most fast and
According to a recent policy change, the most popular Chinese social media platform, WeChat, now prohibits using any accounts that give access to crypto or NFT services. Cryptocurrency and NFT trading, issuing, and financing accounts will fall under the “illegal business” category under the new standards. The policy states: “Accounts
According to a Chainanalysis report, in the first half of 2021, Asia accounted for 28% of the overall $1.16 trillion global cryptocurrency transaction volume. Also, data from Messari shows Asian markets accounted for 43% of global cryptocurrency activities with $296 billion in transactions between June 2020 and June 2021. Last
Google search trends on the keyword “bitcoin” has achieved ATH in past 1 year. The restless investors and traders are the reason for the increase. The Bitcoin (BTC) search on Google has hit an All-Time High (ATH) in the last 12 months. This symbolizes the fear and anxiety among the
Cryptocurrency exchange LBank has continued to hire more crypto and blockchain talents as well as interns for its global offices. Against the backdrop of extreme volatility in the crypto market and investors dumping risky assets, as well as certain crypto firms laying off employees and freezing withdrawals, LBank makes a
As Bitcoin is slashed down reflecting a drastic price fall, investors are utilizing the chance to purchase BTC. So, even with their small amount of savings, users are eager to buy even less amounts of Bitcoin. Even though BTC holders are facing a huge loss in the market, the number
