Latest Market News
Solana Ventures has announced that it will be investing $150 million into gaming projects on the Solana blockchain alongside Forte and Griffin Gaming Partners. The new fund plans to back projects either by purchasing equity or participating in token rounds.
Even though the cryptocurrency market has been relatively quiet today, Dogecoin is ahead of the pack with a 21% price increase in the last 24 hours. If you’re looking for a reason why Dogecoin rallied today while the rest of the market remained flat, look no further than Tesla and its CEO Elon Musk. Earlier today, Musk tweeted that Tesla will accept Dogecoin payments for some of its merchandise.
Bitcoin has reached an interesting milestone, with 90% of the coin’s maximum supply now being in circulation. Even though 90% of all Bitcoin have already been mined now, miners aren’t panicking quite yet - the last Bitcoin is expected to be mined in 2140.
The Binance Singapore cryptocurrency trading platform says that it will be winding down its services by February 13, and plans to withdraw its efforts to become licensed with the Monetary Authority of Singapore (MAS).
The rapidly growing non-fungible token (NFT) platform Mintable has announced an integration with the Immutable X protocol to provide its 10 million monthly visitors with an opportunity to trade more than 24 million NFTs with zero transaction fees at near-instantaneous transfer speeds.
Historically speaking December has been one of the best performing months on cryptocurrency markets. While this year’s December is looking more like the exception that proves the rule, several cryptocurrency projects are aiming to make a breakthrough by releasing important updates or launching new features in the last days of 2021. Therefore, this article lists three projects that have important project development slated for last two weeks of 2021.
Facebook’s metaverse project Horizon Worlds no longer requires an invitation to enter. The social media giant has opened its virtual reality platform to anyone 18 and older, owning an Oculus VR headset from Canada and the United States.
Parallel Finance, a decentralized lending platform aiming to bring DeFi to the mainstream, has won the fourth parachain auction on the Polkadot. With support from 30,000 participants who have contributed 10.75 million DOT, worth more than $300 million, Parallel has raised the third most funds out of all projects participating in Polkadot auctions to date.
BitTorrent, a leading peer-to-peer (P2P) infrastructure provider, has announced it completed its first investment in the WOO Network as a part of the Series A funding round. The two blockchain companies will work together on providing liquidity to the decentralized ecosystem and on the BitTorrent Chain (BTTC).
Immutable, the creators of Immutable X, the first Layer-2 scaling solution for non-fungible tokens (NFTs) on Ethereum sporting zero gas fees and instant trades, have appointed three senior executives to manage the company’s expansion to new markets.
