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Crypto News

Top 10 VC firms have ownership in 38% of all unicorns

In a bid to answer the question of where does big venture capital money go to, a new analysis looked at the most recent data on unicorns. The overall number of companies that exceed $1 billion in valuation has doubled in the past year alone, with venture capital money responsible for most of that growth. …

Crypto News

Asian crypto technology solutions firms ChainUp and HS88 team up to grow market » CryptoNinjas

ChainUp, an end-to-end blockchain technology solutions provider, today announced the signing of a Memorandum of Understanding (MoU) with Korean blockchain company HS88. Both parties will join forces in blockchain technology development and provide mutual network support for market expansion. MoU: ChainUp + HS88 Headquartered in Singapore, ChainUp offers a complete suite of blockchain solutions including digital …

NFT

New Japanese Regulations will allow Japanese Trust Banks to Manage Cryptocurrencies

Key Takeaways: Japanese trust banks will be able to manage cryptocurrencies owing to new regulations in Japan. The amendment is anticipated to go into effect this fall after a roughly one-month public comment period, the FSA announced. Stablecoins backed by the Japanese yen will be available for issuance by banks, fund transfer businesses, and trust …

NFT

NFTs to appear on Facebook, cross-post with Instagram as Meta Web3 expansion continues

Nonfungible tokens will be found under a tab on creators’ Facebook timelines in a gradual rollout starting in the United States. Facebook will support nonfungible tokens (NFTs) with a “digital collectibles” tab on creators’ timelines to display their work. Meta technical program manager Navdeep Singh displayed screenshots of NFTs and a creator’s page Thursday on …

Crypto News

Zcash Shows No Positive Indications; Should You Still Hold ZEC?

Zcash is a decentralized open-source cryptocurrency that offers privacy and selective transparency of transactions. It was developed on the findings and observations of peer-reviewed cryptographic research that was further secured on an open-source Bitcoin code. Zcash differs from Bitcoin in the ability to shield transactions from the public blockchain. At present, Zcash offers four different …

Crypto News

Which Companies Have Been Hit by the Crypto Liquidity Crisis?

Crypto companies have responded to harsh market conditions by reducing their services. Can they make a comeback? Over the course of May and June, Bitcoin prices plummeted from above $39,000 to below $18,000. As result, many crypto companies have begun to face a liquidity crisis as their crypto holdings have potentially lost roughly half of …

NFT

Facebook launches NFT Testing in the US

Key Takeaways  According to Meta, no fees or any charge will be associated with posting or sharing a digital collectible on the platform. The digital collectibles support on Facebook is rolled out only for select creators in the US.  Meta has announced the launch of digital collectibles support on Facebook with select creators in the …

NFT

Top 3 Metaverse Tokens on The Solana Blockchain

The Solana blockchain ecosystem pushed fairly a motion in 2021. In expansion to DeFi and NFTs, Metaversum tokens are now also being designed on the rapid Solana blockchain. This article is all about the top 3 Metaverse tokens to invest in that are presently running on the Solana Blockchain. Let’s take a look at it in more …

NFT

MATIC Price Prediction: Polygon Outlook Amid the Sell-Off (July 1st 2022)

Upon the pump that occurred last week following the release of Polygon ID, Polygon is also declining. The coin’s value increased at that time by almost 100%. One of the few things the network provides in its ecosystem is Polygon ID. After the debut, the price of MATIC skyrocketed. This is consistent with how other …

NFT

Youth is Preferring Crypto More Than Mutual Funds

People living in the United States were recently interviewed by the investment firm Alto to learn more about their investing inclinations. Based on the findings, more youngsters between the ages of 25 and 40 are trading in cryptocurrencies than investing in mutual funds. Almost 40% of young respondents, according to the survey titled “How Millennials …