Immutable X, the scaling solution for layer-2 NFT protocol Immutable, has penned an agreement with Together Labs to integrate into the platform’s native social metaverse IMVU. The partnership will foster the creation and distribution of NFTs within the game’s virtual ecosystem.IMVU, pronounced “imm-view,” is a blockchain simulation game akin to The Sims or Second Life in which players can design,…
Changelly welcomes yet another token available for exchange on the platform — the WBTC token. Users can exchange WBTC for other digital assets at floating rates. Wrapped Bitcoin is a tokenized version of Bitcoin (BTC) that runs on the Ethereum (ETH) blockchain. WBTC is compliant with ERC-20, which allows it to be fully integrated into the latter’s ecosystem of decentralized…
Institutional investors are increasingly looking to move into cryptocurrency investment to grow their revenues in the long term, a new survey revealed.As many as 62% of global institutional investors with zero exposure to cryptocurrencies like Bitcoin (BTC) said they expect to invest in these for the first time within the next year in a new survey by European investment manager…
Bitcoin (BTC) might have outperformed traditional financial markets regarding investment returns, but the cryptocurrency still fell behind Bitcoin-related companies.The price of BTC climbed by about 290% year-over-year, wherein it surged from $10,695 to a little over $42,000. In comparison, shares of Marathon Digital Holdings (MARA), one of the largest North American crypto mining companies, rose by 1,641% in the same…
Bitcoin (BTC) analysts are eyeing short-term volatility as whales begin unprecedented behavior.Fresh data shows that whales have not only been highly active on the market — they’ve been moving record amounts of BTC.Whale activity beats Bitcoin all-time highsDespite BTC price action staying in a narrow, uninspiring range of around $40,000, large-volume Bitcoin investors are anything but calm.In recent weeks, these whales…
Cardano (ADA) reached a major milestone in its roadmap on Sep. 13 as its blockchain successfully launched Plutus-powered smart contracts as a part of the Alonzo hard fork. The Alonzo hard fork has been highly anticipated in the Cardano community as well as the cryptocurrency sphere at large.The smart contract functionality is meant to allow Cardano to become a platform on…
The investigation into the Russia-based crypto pyramid Finiko is growing with law enforcement officials in Samara region announcing they have launched eight criminal cases against Finiko associates. Authorities are also working to identify more victims of the Ponzi scheme, Russia’s largest in recent years. Finiko Members Under Investigation in Samara, Russia The Russian Ministry of Interior’s Main Department in Samara…
Social token infrastructure provider Roll raised $10 million in Series A funding, bringing the company’s total funds raised to $12.7 million to help creators tokenize their interactions with communities. Led by IOSG Ventures, the funding round saw participation from Animoca Brands, Alchemy, Huobi Ventures, Weekend Fund, Mischief Fund, Audacity and existing investors like Galaxy Interactive, Hustle Fund, Gary Vaynerchuk, Trevor McFederies,…
press release PRESS RELEASE. Triall launches its main utility token TRL on Uniswap following a successful token pre-sale that raised more than 2 million USD. AMSTERDAM, Sept 28, 2021 – Blockchain startup Triall launched its main utility token TRL in an initial DEX offering (IDO) on Uniswap at 13:00 UTC today, after raising more than 2 million USD in its…
Decentralized mortgage lender Bacon Protocol officially launched on Tuesday, allowing cryptocurrency investors to participate in the housing market through a new stablecoin that’s backed by USD Coin (USDC) and home loans. In addition to launching its protocol, Bacon announced Tuesday that it is holding a public sale of bHome token, which is described as a Stable+ Coin that’s backed “dollar for…
