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“# Wen Dogecoin moon? On-chain data and trading volumes suggest soon ” The cryptocurrency market has had a wild ride thus far in 2021 as multiple sub-sectors like decentralized finance (DeFi), NFTs, meme coins and layer-two solutions have seen their TVL and token values skyrocket to new highs. One of the biggest success stories of…
“# Mark Cuban likens shutting off crypto growth to stopping e-commerce in 1995 ” Leaders in the crypto industry continue to speak up as the bipartisan $1 trillion infrastructure bill, known for implementing tighter rules on crypto businesses and expanding reporting requirements for brokers, passed the United States Senate. Billionaire investor and Bitcoin (BTC) proponent…
“# Every dog has its day: Dogecoin and Shiba Inu fetch 50% gains as altcoins rally ” Momentum the wider cryptocurrency market appears to be on the upswing this week after bulls pushed Bitcoin price to the $46,700 and Ether price to $3,150 on Aug 9. The growing optimism has also translated into a bounce in dog-themed…
“# Nifty news: Polyient marketplace, Ronaldinho drop, and a ‘staggering’ $4800 NFT sale … ” Investment firm and development studio Polyient has unveiled an NFT marketplace with decentralized finance (DeFi) functionality. The marketplace dubbed “PolyientX” is set for a beta release in August on Ethereum, with an official launch targeted for sometime in the Fall….
“# Mintable platform raises $13M, will integrate ‘carbon neutral’ NFTs on XRP Ledger ” An oversubscribed funding round has netted the Mintable nonfungible token (NFT) minting platform and marketplace a cool $13 million. The Series A funding round for the Singapore-based startup included some big name participants including Ripple, mobile and blockchain gaming developer Animoca…
“# Iron Finance bank run stings investors — A lesson for all stablecoins? ” The cryptoverse has been overrun with negative events lately. One of the most recent ones was the Iron Finance bank run that occurred on June 16. Iron Finance is a multi-chain, partially collateralized stablecoin protocol with the main goal of providing…
“# Nifty News: Hot Wheels, NBA game ticket NFTs and Crypto.com invests in eBay for NFTs ” Crypto.com Capital has made a strategic investment into a multichain NFT marketplace aiming to be the eBay for NFTs, dubbed “Hodooi.com.” The platform is a new startup from Travala Founder Matt Luczynski and will officially launch on Binance…
“# Mark Cuban calls for stablecoin regulation in wake of Iron Finance ‘bank run’ ” Billionaire investor and DeFi proponent Mark Cuban has called for stablecoin regulation after losing money on what he dubbed as a “rug pull” on the Iron Finance protocol. According to Iron Finance, the partially collateralized stablecoin project was the subject…
“# Nifty News: Porsche enters NFT sector, Mark Cuban keeps investing, and Chainlink-powered NFTs ” Porsche unveils NFT subsidiary German sports car giant Porsche has drifted into the nonfungible token (NFT) market, with a June 14 announcement revealing the launch of an NFT collectible startup dubbed Fanzone. However, the car manufacturer will not be looking…
“# Mark Cuban officially backs Polygon ” Billionaire investor Mark Cuban has thrown his weight behind Polygon, according to a new disclosure on one of his websites, offering further evidence that wealthy investors are tapping into the digital asset market despite the recent turmoil. The addition of Polygon to the Mark Cuban Companies website appears…