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“# Nifty News: Ulbricht’s NFT bids top 261 ETH, Irishman producer funds movies with NFTs ” Silk Roads lead to nonfungile tokens Bidding for a 1/1 NFT auction created by imprisoned Silk Road founder Ross Ulbricht has surpassed 261 Ether (ETH), $1.17 million at the time of writing. The NFT depicts a hand-drawn illustration from…
“# Polygon’s expanding ecosystem backs MATIC’s rise toward a new all-time high ” Layer-two (L2) solutions for the Ethereum network have become a popular topic of discussion and speculation on their associated tokens backed the massive rally seen in many of the protocols this year. The parabolic growth of the decentralized finance (DeFi) and nonfungible…
“# 3D metaverse marketplace MetaMundo aims for 2022 launch with new funding ” MetaMundo, a virtual nonfungible token (NFT) marketplace focused on the metaverse, has announced the completion of a seed funding round of $2.7 million. Led by Animoca Brands, MetaMundo’s debut funding further included Hypersphere Ventures, Digital Currency Group, OP Crypto, Metacartel Ventures, and…
“# Top 5 cryptocurrencies to watch this week: BTC, AVAX, MATIC, EGLD, MANA ” Bitcoin (BTC) is witnessing a tough tussle near the $58,000 mark but that has not stopped select altcoins from hitting a new all-time high. This shows that traders are watching the fundamental developments on individual coins. One of the recent top…
“# South Korea’s leading blockchain facing greater competition in NFT market ” South Korea’s nonfungible token (NFT) space has rapidly expanded throughout 2021 led by the growth of crypto and NFT services offered by Kakao, but competitors are entering the fray. The NFT market in South Korea could be on a path for even more…
“# Airdrop rumors result in a swarm of activity on MetaMask Swap and Polygon ” Five to six-figure-size airdrops have become the new norm in the crypto sector and a growing number of analysts believe there are more to come. In September dYdX distributed a massive airdrop to early users and last week the Ethereum Name…
“# Portal partner with Polygon to advance DeFi on Bitcoin ” Decentralized exchange, or DEX, and self-custody wallet platform, Portal, has announced a strategic partnership agreement with layer-2 blockchain network, Polygon to advance Bitcoin functionality in the decentralized finance, or DeFi, market. Portal currently offers fully decentralized on-chain spot and options trading, as well as…
“# Metaverse gaming tokens Ethverse and Axie Infinity avoid crypto downtrend ” Metaverse gaming tokens Ethverse (ETHV), The Sandbox (SAND), GameSwap (GSWAP), Yield Guild Games (YGG) and Axie Infinity (AXS) are the few cryptocurrencies seeing gains on Nov. 17 with Bitcoin (BTC), Ether (ETH) and most of the market in the red. Best-performing crypto sector…
“# Polygon launches a zk-STARK scaling solution for DApp deployment ” Polygon, a layer two scaling solution for Ethereum compatible blockchains, stated in a press release provided to Cointelegraph that it has launched its zk-STARK powered Miden Virtual Machine for the development of decentralized applications, also known as DApps. 1/7 We are proud to reveal…
“# Synthetic asset protocol for Polygon raises $1.5M from major investors ” Polysynth, a Polygon-based synthetic asset platform, has secured investments from a number of DeFi venture capital firms and angel investors. The team announced a $1.5 million funding round as part of its seed round on Nov. 15, revealing participation from Jump Capital, DeFi…