Blocto, a crypto ecosystem, and multichain wallet has announced the creation of a $3 million Aptos Ecosystem Fund to assist projects in bringing new users to Aptos. In the wake of Blocto’s Aptos integration, which saw 300,000 new Aptos wallets created in the first week, this is encouraging. Blocto and the Aptos
One of the top brokerages in the world has launched a revolutionary new product for trading cryptocurrencies. For retail customers, Fidelity Investments is introducing commission-free cryptocurrency trading. This trading firm has over $9.9 trillion in assets under management and has now revealed a waitlist for its new crypto service. The
Seed fundraising for Elusiv, a Zero-Knowledge compatible privacy protocol, totaled $3.5 million, with LongHash Ventures and Staking Facilities Ventures serving as the round’s lead investors. The funds raised will be used to hire more developers, pay for security audits, and adapt the product for usage with many other blockchains. Several
The bank issued its own stablecoin in 2019. The Union Bank of the Philippines has started a trial operation. One of the Philippines’ biggest banks has introduced crypto investing services. The Union Bank of the Philippines now allows its clients to trade cryptocurrencies, starting with Bitcoin and Ethereum. In addition
The rebranding of the Rootstock brand will take place during the next Rootstock Summit. Important announcements about Rootstock and its expanding ecosystem will be made during the event, which will bring together key influencers and ecosystem members. This year’s Rootstock Summit will be held in Sans Souci, Buenos Aires, Argentina,
There has been an uptick in the notion of allowing cross-border crypto. The liberal New People group proposed mining measure, but it was shot down. Russia’s legislators are going to look at a new bill that would make cryptocurrency mining legal. This sector has been expanding rapidly over the last
Genesis saw a precipitous 44% drop in spot trading volume. There were a total of $4.9 billion in active loans in the 2022 third quarter. Genesis Trading, a cryptocurrency brokerage, has released a new analysis detailing the effects of the current market drop on the cryptocurrency loan sector. Genesis originated
USPTO-licensed trademark attorney Mike Kondoudis revealed details. Trademark applications 97643605 and 97643607 were submitted on October 22. Visa has filed two trademark applications in an effort to develop a crypto and NFT services platform and signal its intent to completely immerse itself in the cryptocurrency and NFT market. Both the
El Salvador plans to build a “Bitcoin office” in Lugano. Tether has launched a project dubbed “Plan B” to turn Lugano into a crypto center. A memorandum of understanding on economic cooperation between El Salvador and the city of Lugano, Switzerland, was signed with the goal of increasing Bitcoin use
Bitcoin price increased by around 7% in the last 7 days. Ethereum climbed by over 21% with a market cap of 193 $billion. The king of cryptocurrency Bitcoin (BTC), surged beyond $20,000 and fueled the bullish in the crypto market. Following that, the global cryptocurrency market is in a gradual
