NFT-based gaming giant, Axie Infinity has released its January journal on 16th January 2022, which teased some major updates. For one, the team is currently focused on building out the Project K trading feature that will facilitate players to trade various resources with one another. As per the blog post, the trading system will likely […]
Search Results for: avalanche
Binance Invests $12M in Woo Networks
Binance LAbs announced its strategic investment of $12 million in Series A+ round of WOO Networks. The two firms have had a long standing relationship and now join forces to expand their accord in a series A+ funding round . WOO Network is a liquidity platform that connects users to exchanges, institutions, and DeFi networks. […]
DeFi wallet DeBank secures $25M in equity round led by Sequoia China
Leading DeFi tracker protocol DeBank secured $25 million funds in an equity round spearheaded by US-based venture capital entity Sequoia China along with a host of several well-known crypto investment firms such as Dragonfly, Hash Global, and Youbi. The funding round also featured strategic investments from Coinbase Venture, Crypto.com, payment platform Circle, and crypto hard […]
Clover Finance unites with Standard Protocol to safeguard collateralized assets
Clover Finance, a decentralized infrastructure platform that’s focused on cross-chain compatibility for decentralized finance or DeFi applications has announced its partnership with Standard protocol, a collateralized stablecoin platform on the Polkadot chain. As per the blog, Clover is a substrate-based blockchain platform with a strong wallet suite that’s focused on cross-chain compatibility for decentralized applications […]
And that’s a wrap: Dapper labs & Flow Blockchain Year in review
As 2021 comes to an end, crypto gaming giant Dapper labs published an overall review of its several high-profile projects in the blog. One of its major creations is the NBA Top Shot which has grown more than 100x — from a mere 10k signups and around 1k active users last year to over a million signups […]
Bullish days ahead for Terra [LUNA]; Can LUNA make it to $100?
The bulls were slowly trying to exit the crypto market. Coins like Terra [LUNA], Solana [SOL] and Avalanche [AVAX] seemed to be the victims of the trend reversal. The other coins weren’t far behind as they sluggishly followed suit. Bitcoin’s aim to rise above $50k was once again disrupted by the bears. During press time, […]
Multichain secures $60M funding from Binance Labs to boost Web3 adoption
Multichain which was formerly named Anyswap, a cross-chain protocol raised a $60 million financing round worth $1.2 billion led by Binance Labs today. According to the press release, the series of rounds was joined by several other well-known investors such as Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive […]
Ethereum’s Lido Finance scores support of Chainlink Price Feeds
Ethereum’s [ETH] staking platform Lido Finance announced its support of Chainlink Price Feeds to expand stETH adoption across decentralized finance or DeFi protocols. For the uninitiated, stETH is a token that represents the staked ETH in Lido, combining the initial deposit value with rewards. Thus, the token enables users to earn DeFi yield rewards. According […]
Bulls bring in Christmas spirit into the Dogecoin [DOGE] market
With Christmas just days away, the crypto-verse was bringing in good news for all the crypto lovers. Meme coins like Dogecoin [DOGE] and Shiba Inu [SHIB] said better late than never as they traversed on to the bullish arena. Altcoins like Avalanche [AVAX] and Terra [LUNA] were running the show by bagging massive gains. Dogecoin […]
Bulls try to avenge Solana [SOL] back over $200
After a long and hard stay in the bearish arena, all the crypto assets were seen making their way over to the bullish colosseum. Solana [SOL], Terra [LUNA], and Avalanche [AVAX] seemed to be the bulls’ favorites. Amassing the most gains, the aforementioned assets were the stars of today’s market. While Bitcoin [BTC] was trying […]