Russia’s central bank granted the country’s largest lender Sberbank a license to issue and exchange digital assets. The latest move opens new avenues for the nation’s economy hammered by western sanctions. The Approval According to the official statement, local companies will be able to issue their own...
The price of AAVE – the token behind the popular DeFi lending protocol – has seen a major price pump in the past few days after the launch of Aave V3. Whales have contributed to these gains, accumulating over 70,000 AAVE in the last 2...
This week was action-packed, and even though the broader cryptocurrency market managed to recover some of the losses from the previous period. Bitcoin maintains relative stability around $40K and seems to have reclaimed the level. Let’s unpack. Bitcoin was sitting at around $39,000 this time last...
[PRESS RELEASE – Dubai, Dubai, 17th March 2022] Itheum is pleased to announce an investment from Elrond, Mechanism Capital, and other crucial investors in the crypto and blockchain space. The funding extends the earlier $1.5 million round funded by Morningstar Ventures which incubated Itheum via their...
The use case of blockchain has gone beyond just being the backbone of cryptocurrencies. The technology is disrupting many industries, such as the online video gaming field. For nearly 50 years, gamers were at the mercy of conventional corporate structures as they only played games for...
The world’s largest cryptocurrency exchange – Binance – has reportedly forbidden users in Ontario, Canada, to open new accounts on the platform. The tension between the company and the local financial regulator peaked last summer when the former quit the region. Restrictions for Ontario Clients In June...
[PRESS RELEASE – Please Read Disclaimer] Singapore, March 17, 2022 – Startup Trailblazer Games has closed an $8.2M seed round led by Makers Fund, including Play Ventures, Fabric Ventures, and a roster of prominent industry leaders in gaming and blockchain. Trailblazer is leading the evolution of...
Ripple’s price is facing some technical challenges on the way up. It did not live up to expectations, and the recent positive news failed to help much in pushing the price up. The volume is still low, and it seems that investors’ confidence has not...
[PRESS RELEASE – Please Read Disclaimer] With the immense rise of the entire cryptocurrency industry led to the creation of countless innovative and beneficial micro-industries that allow users to earn tokens while using certain platforms. The growth of such protocols caused substantial competition to attract customers,...
Ethereum scaling solution, Optimism has raised $150 million in Series B funding, co-led by Andreessen Horowitz and Paradigm. In the latest blog post, the blockchain startup revealed that it is currently valued at $1.65 billion. The fresh round of funding will be directed towards expanding its...