The cryptocurrency shiba inu has managed to capture the 18th position in terms of crypto market valuations. The token has gained 230% during the last seven days and year-to-date, SHIB has gained a whopping 24,177,682%. SHIB’s Value Swells After Whale Buys $43 Million Worth of Tokens The popular meme-based crypto-asset shiba inu (SHIB) has seen massive gains this year and…
Bitcoin (BTC) faced stiff resistance near previous highs on Oct. 8 as a fresh push over $56,000 quickly ended.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuying the dip? $53,000 is “logical”Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it came off four-month highs of $56,150.The area near $58,000, which had proved a sticking point for bulls earlier in the…
As the decentralized finance (DeFi) market continues to pique the interest of investors across the globe, a few incidents have shone a major spotlight on the vulnerabilities various platforms operating within this space are continually exposed to. For example, it has recently been unveiled that due to a buggy system upgrade, prominent DeFi money market Compound had put approximately $150 million…
The Bitcoin.com Team is excited to announce support for Ethereum-based DApps in the Bitcoin.com Wallet via WalletConnect. Earn interest on your cryptoassets, trade using decentralized exchanges, participate in NFT marketplaces and more. What is WalletConnect? WalletConnect is a bridge that securely connects DApps to crypto wallets. Once you’ve approved the connection between your wallet and a DApp, the DApp can…
This month, Cointelegraph Research will release a comprehensive report on nonfungible tokens, discussing NFTs in detail and providing a detailed guide to getting into this market. In collaboration with multiple partners — including Enjin, NFTBank, The Sandbox and others — the report will evaluate the technology behind NFTs, their regulatory challenges, and their prospective growth and current market positions. The report…
According to the findings of a study by Afriwise, Kenya, Nigeria, and South Africa have the most developed fintech ecosystems on the continent. The study points to early regulation as one of the reasons for the industry’s success in these countries. Regulated Fintech Ecosystems Attract Investors Explaining the key role that regulation has played in the growth of the fintech…
Indian short-video sharing platform Chingari is preparing to launch its own blockchain network and social token.Chingari has completed a $19-million funding round to launch its mainnet and conduct a token sale for its Solana-based GARI token in November, the firm announced on Friday.Chingari co-founder and CEO Sumit Ghosh said that the token sale is scheduled for Nov. 2, while the…
Dapper Labs, one of the most successful companies in the NFT space, has partnered with Chainalysis, a blockchain intelligence company, to increase its compliance profile in the NFT business. The company will use Chainalysis insights to have a better understanding of each one of the transactions that users make with their products and the purpose of each transaction. This will…
GameFi is one of the booming trends of 2021 on the crypto market. People became fond of blockchain-based online crypto games that encompass a combination of decentralized finance and non-fungible tokens. This year, GameFi has introduced a new model that is gaining momentum. This concept is called “play-to-earn”, or p2e, and it totally overtakes the old one — play-to-win. The…
E-sports investment platform Bitkraft VC has established a $75 million token fund for investing in blockchain gaming and digital entertainment.The fund uses a “stage-agnostic” strategy, meaning that it will put money in companies and startups at any business development stage. Apart from equity investment, the token fund will also invest in cryptocurrencies and nonfungible tokens (NFTs). In order to provide…
