Polkadot (DOT) price ticked higher in the past 24 hours on anticipations that its new cross-chain communications protocol would solve a long-standing problem in the blockchain sector. DOT price gains 12% on XCM launch Bulls pushed DOT’s price to $16.44 on May 5 from $14.72 a day before, gaining a little over 12% as they assessed the launch of XCM, a…
The industry’s largest cryptocurrency exchange, Binance, has committed $500 million to Elon Musk’s recent $44 billion bid to acquire Twitter, according to an updated 13D filing with the SEC. The filing indicates that Fidelity ($316 million), Sequoia Capital ($800 million), and many other investors also committed funds to the Tesla chief’s acquisition plans. List of equity investors backing Musk’s Twitter…
press release PRESS RELEASE. NAFSTARS, a Polygon-based play-to-earn [P2E] platform that allows users to collect artist branded cards from all around the globe and from every music genre, has announced a successful fund raise of $1.7 million in seed, token pre-sale, and NFTs. This announcement comes right after the Non-fungible Conference [NFC] in Lisbon, Portugal. Leveraging cutting-edge technology, NAFSTARS collects…
Bitcoin (BTC) marks a milestone mining journey on Thursday, crossing the halfway point on the way to its next halving. In Block number 735,000, mined at approximately 10:29 UTC, Bitcoin crossed the halfway point to the next halving. The block was mined by Poolin, earning 0.16215354 BTC ($6,402.45) in fees. Halvings occur every 210,00 blocks, and May 5 marks the cross-over…
Bitcoin (BTC) consolidated below $40,000 on May 5 after U.S. economic policy excitement saw a spike to one-week highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed sparks little crypto reaction Data from Cointelegraph Markets Pro and TradingView confirmed an overnight peak of $40,050 on Bitstamp following comments from the Federal Reserve and Chair Jerome Powell. The U.S. central bank had…
Several decentralized finance (DeFi) tokens, including Uniswap (UNI) and Anchor Protcool (ANC), posted double-digit gains in the last 24 hours. UNI, the governance token of the decentralized trading protocol Uniswap, rose nearly 10% to a daily high of $8.08 and is currently trading at $7.86, according to data from CoinMarketCap. With a market cap above $5.4 billion, UNI is now…
The Dubai virtual assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters in The Sandbox virtual world. By establishing a presence in the metaverse, the regulator said it hopes to make itself accessible to all stakeholders. World’s ‘Virtual Assets Capital’ Dubai’s digital assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters (HQ)…
The tokenization of global property markets has been an ambitious goal of the blockchain space and decentralized finance (DeFi) could offer a novel solution for the sector to pick up pace. Decentralized oracle network Chainlink (LINK) is set to power a tokenized real estate platform serving the Latin American property market. LaProp will allow investors to buy tokenized shares in…
Crypto-friendly browser Opera integrated BNB Chain, a decentralized blockchain ecosystem formerly known as Binance Smart Chain, to enable BNB Chain-based decentralized apps (DApps) on Android, iOS and desktop versions of its Crypto Browser. The integration will enable Opera’s 350 million users to purchase the BNB (Build N Build) token with fiat and send and receive it via the built-in Opera…
Brubank, one of the first Argentinian digital banks approved by the central bank of the country, is getting into the cryptocurrency business. The company announced it is now allowing customers to make cryptocurrency investments via its platform, giving them the ability to purchase crypto assets in its app. This is reportedly the second financial institution that is providing these services…
