Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
25 April 2024 – Today marks the completion of a US$1.8 million investment round for Anichess, the progressive chess-based online strategy game created in collaboration with Magnus Carlsen, the five-time World Chess Champion, and Chess.com. Sfermion and Amber Group led the round, and additional participants included SNZ Capital, Aspen Digital, Fenbushi Capital, and others. The … Read more
NodeMonkes recorded sales of over US$1.05 million on Thursday, propelling the company to the top of the non-fungible token (NFT) market. NodeMonkes’s all-time sales volume reached US$205.01 million, making it the 30th largest NFT collection, thanks to its market-leading sales volume. In terms of overall sales volume for a collection based on Bitcoin, it is … Read more
Three user groups that were “eligible for Round #1 of Starknet Provisions but had trouble claiming” will now be able to submit STRK airdrop claims, according to a statement released by the Starknet Foundation on Wednesday. In February, the foundation carried out a significant STRK airdrop, giving out over 700 million tokens to close to … Read more
The cryptocurrency trading website Blocktrade revealed that in the three months since its launch, more than one million gameplays have taken place on its Arcade function. This significant achievement highlights the Arcade’s instant appeal to customers who value its unique blend of trade and gaming excitement. A Gamified approach to trading By adding captivating gamified … Read more
Hedera’s (HBAR) price has risen sharply in the short run, with triple-digit gains recorded in the last day due to rumors of ties to BlackRock, the largest investment firm in the world (NYSE: BLK). Hedera’s announcement that BlackRock’s ICS U.S. Treasury money market fund would be tokenized in collaboration with Ownera and Archax set off … Read more
Artificial intelligence-powered virtual personal assistants are proliferating across digital platforms; large tech companies are incorporating AI into their offerings, and thousands of niche firms are breaking into the market. Although they are incredibly helpful, Google experts warn that people may grow overly connected to them, which might have a number of detrimental societal effects. Advanced, … Read more
The DePIN player Roam has received an undisclosed funding from Samsung Electronics subsidiary Samsung Next. According to Global Economic, a South Korean media outlet, Roam would use the funds to develop a global network of WiFi roaming stations. The company, run by MetaBlox, is also developing an ecosystem for DeWi, or decentralized WiFi. A Samsung … Read more
The decentralized cloud computing platform Akash Network saw a spike in value of its token, AKT, to nearly $7 on Tuesday following its listing on the Upbit exchange in South Korea. After trading consistently at $4 for the previous week, AKT surged by more than 50% in the last 24 hours. In terms of trading … Read more
Today, Uniswap, a trailblazing decentralized exchange (DEX), is showcasing its accomplishment as it marks a significant turning point in the use of multichains. As per a posted update on X, the number of users utilizing Uniswap multichain protocols stands at precisely 3,271,574. Ethereum, Arbitrum, Celo, Binance Coin (BNB), Base, Polygon, and Avalanche are the precise … Read more
An agreement was recently signed by Animoca Brands Japan, a division of Animoca Brands, and Square Enix to assist in the marketing of Animoca Brands’ upcoming game SYMBIOGENESIS and related NFT collection. In case you didn’t know, Square Enix is the firm responsible for the well-known Kingdom Hearts and Final Fantasy series. This firm also … Read more