Latest Market News
Cros Network is introducing the first of its kind metaverse-specific advertising solution, which will enable businesses to advertise their products and services to customers in the vast metaverse.
UniX Gaming, a gaming guild that focuses on blockchain-powered games, has announced a partnership with The Sandbox. Through the partnership, UniX Gaming has become an ecosystem developer within The Sandbox.
We’re starting to see a shift in sentiment in the cryptocurrency space recently. And while it’s way too early to call it a bull market, we can keep our eyes peeled for projects that have important developments coming up soon and could benefit if the positive momentum continues. Here’s three cryptocurrency and blockchain projects worth watching in the following days.
It’s no secret that 2022 hasn’t been a great year for Bitcoin so far. The world’s biggest cryptocurrency has been in a downward trend, recording a 22.1% price drop since January 1. Regardless, there’s still plenty of positive signs that suggest Bitcoin has the potential to make a turnaround.
Wormhole, a protocol that allows users to bridge tokens between Solana and other blockchains like Ethereum, has been exploited to the tune of 120,000 wETH (about $312 million at the time of writing).
With the broader cryptocurrency market still in an uncertain position, we've taken a look across the crypto top 100 to find three projects that have interesting developments and trends happening at the moment. Here's our top 3 coins to watch this week.
ARK Invest says that Ethereum, currently the second largest cryptocurrency by market capitalization, could achieve a market cap of $20 trillion and above within the next ten years. ARK says that ETH could see such explosive growth thanks to on-chain financial services taking market share from existing financial intermediaries.
Popular content sharing and discussion platform Reddit is testing the usage of NFTs as profile pictures, according to a TechCrunch report.
Fintech company Ripple is valued at $15 billion after buying back shares from investors in its Series C round, according to Ripple CEO Brad Garlinghouse.
Diem, the stablecoin project that was initially announced in 2019 by Facebook under the name Libra, might be coming to an end. A new report by Bloomberg states that Diem is exploring ways to sell off its assets and help its developers find new employment opportunities. The sale of the project’s intellectual property would help Diem return capital to its investors.
