0x1d77
January 20th, 2022

“While still in its early stages, Sundaeswap’s debut as a pioneer DEX in the DeFi ecosystem launched by Cardano is a game-changer for crypto users looking to exchange tokens in a more scalable smart contract ecosystem By."

01Project name

Sundaeswap

0x1d77
January 19th, 2022

Unlike most Defi products, BLK whale has added virtual currency ETF derivatives to the Defi ecosystem. Will the birth of BLK whale push the Defi field to a new climax?

01project name

BLK whale

0x1d77
January 18th, 2022

"Based on Substrate development, it plans to bid for slots to become a Polkadot parallel chain, and can Acala, which provides DeFi infrastructure for the Polkadot ecosystem, become a one-stop Polkadot DeFi center? "

Author: XuanJin

01

Project Description

0x1d77
January 18th, 2022

" HAPEBEAST is leading the next generation of NFT fashion as a project led by members of the viral Boring Ape Yacht Club."

Cover: Hapebeast
Article: CryptoMonster

The community is hot, HAPEBEAST has a bright start

0x1d77
January 18th, 2022

The last time Tether froze an account was in late December.

(wir_sind_klein/Pixabay)

Stablecoin issuer Tether froze three Ethereum addresses on Thursday, holding over $160 million worth of USDT, according to data from Etherscan.

0x1d77
January 18th, 2022

The funding round was led by Animoca Brands and Galaxy Interactive and including participation from Polygon.

Indian Rupee (Shutterstock)

Indian gaming firm nCore Games has raised $10 million in a new funding round led by Animoca Brands and Galaxy Interactive, according to a report.

  • Polygon and Hyperedge Capital also participated in the round, according to a report by TechCrunch on Monday. The funds will be used to spearhead a push into Web 3 gaming.
  • Having developed a range of games that have attracted tens of millions of downloads, nCore's bigger focus is turning to the metaverse and launching its own non-fungible tokens (NFTs).
  • Despite India's size as a mobile gaming market, firms are struggling to monetize their users due to apparent resistance to the in-app purchase model.
  • nCore co-founder Vishal Gondal is however optimistic that Web 3 products can make inroads through additional incentives on offer. "Currently when you’re playing a game, the maximum upside for you was to become part of some community. Now while you’re playing the game, you also have the chance to own the value of the game,” he said to Tech Crunch.
  • Hong Kong-based Animoca Brands is an investor in NFTs and metaverse projects and has a majority stake in metaverse game The Sandbox. It received a valuation of $2.2 billion during a $65 million funding round in October.
  • Layer 2 Ethereum-scaling service Polygon is also no stranger to such ventures having created a $200 million initiative in December alongside Reddit co-founder Alexis Ohanian to invest in social media and Web 3-based projects.
  • Neither Animoca nor Polygon had responded to CoinDesk's request for comment at press time.
0x1d77
January 14th, 2022

In a research note, the bank said Solana and other blockchains could take Ethereum’s market share over time.

Bank of America told clients in a research note after hosting Solana Foundation member Lily Liu that theSolana blockchain could become "the visa of the digital asset ecosystem" as it focuses on scalability, low transaction fees and ease of use .

Solana has seen high adoption rates since its launch in 2020. It has settled more than 50 billion transactions (global payments giant Visa processed 164.7 billion in the year ended Sept. 30 ), with a total value locked of more than $11 billion, and was reported by analyst Alkesh Shah on Tuesday. Used to mint more than 5.7 million non-fungible tokens (NFTs), the published report reads. Solana is optimized for consumer use cases such as micropayments and gaming, the bank said.