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“# India’s largest crypto exchange launches NFT marketplace after 2,000% token surge ” India’s largest cryptocurrency exchange, WazirX, has launched a nonfungible token marketplace for the exchange of digital art, assets, intellectual property and more, reports India’s Economic Times. The launch comes hot on the heels of a month when WazirX’s in-house exchange token, WRX,…
“# Tether’s stablecoin set to land on Polkadot and Kusama ” Polkadot and Kusama users will benefit from a direct integration with Tether’s USDT when common good parachains launch. As announced by Tether on Tuesday, the stablecoin will launch both on Polkadot and Kusama, its cousin network. Tether is the oldest stablecoin to reach significant…
“# WHALE and RALLY dominate social token scene with $240m market cap ” Two social tokens are shining brighter than the rest with a combined market capitalization of $240 million. Research compiled by crypto data aggregator Messari has revealed the WHALE token is the most valuable social token with a market capitalization of $136 million….
“# Celebrity VC fund unveils $1m NFT contest judged by Snoop Dogg and Mark Cuban ” Sound Ventures, a venture capital fund comprising celebrities, musicians, and a billionaire, are offering at least $1 million for the “most innovative” idea for a nonfungible token, or NFT over the next week. Announced on April 5, the event…
“# New milestone reached as 100 cryptocurrencies reach a $1B market cap ” In the last two months, the number of cryptocurrencies with a $1 billion market cap has doubled since the last time Cointelegraph reported on the milestone. As things currently stand, there are 100 projects that have reached a $1 billion market capitalization….
“# Bancor releases no-liquidation lending with Vortex as AMMs continue diversification ” Automated market maker exchange Bancor has rolled out a new mechanism that allows users to increase their capital efficiency while providing liquidity in its pools. Called Vortex, the solution allows users providing liquidity in BNT, Bancor’s utility token, to borrow funds while continuing…
“# No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption ” Shark Tank and Dragon’s Den personality Kevin O’Leary is taking a stand against what he terms “blood coin,” that being Bitcoin (BTC) mined in China. The investor declared that he would only deal with “clean coin” — coins mined…
“# Renowned stock picker believes Bitcoin will eclipse gold’s $10T market cap ” Ark Invest believes Bitcoin’s (BTC) market capitalization will one day “comfortably eclipse” that of gold, and exceed $10 trillion, reports the London Times. Headed up by veteran stock picker Cathie Wood, analysts at Ark believe Bitcoin’s $1 trillion value is set to…
“# Bank of Japan begins first digital currency proof of concept ” The Japanese central bank has launched a proof of concept for its central bank digital currency, or CBDC, according to an official announcement on Monday. Following initial preparations to test the technical feasibility of core CBDC functions and features in early 2021, the…
“# DeFi aggregator raided by five hackers on launch day ” Fledgling decentralized finance protocol ForceDAO has had a rough start, with several incursions from hackers taking place just hours after it launched. The Ethereum-based yield aggregator had only just launched its airdrop campaign on April 3 when four malicious “black-hat” hackers managed to drain…