Adoption
DeFi
Ocean Protocol jumps 27% in the past day, what’s behind the rise?
An open-source protocol that allows projects to exchange and monetize data, has seen a soar in demand with an increase of 27% in 24 hours.
Web3
Mina ecosystem raises $92M to build the lightweight blockchain for Web3
As a Layer-1 blockchain Mina is supporting zero knowledge smart contract technology that may pave the way for increased adoption.
Payments
Tech giant Stripe takes the plunge into crypto
Stripe is bringing its highly-regarded payments infrastructure to all crypto businesses with support for exchanges, wallet providers and NFT marketplaces.
Payments
MoonPay suspends operations in Ukraine, Russia and Belarus
Leading crypto payments services provider, MoonPay, has suspended its operations in Ukraine, Russia and Belarus.
NFTs
Dapper Labs named in Fast Company’s list of most innovative companies
NFT giant Dapper Labs has been listed in Fast Company’s Most Innovative Companies and #1 Most Innovative Gaming Company this year.
Metaverse
The Sandbox expands the metaverse of K-Pop with this key partnership
The Sandbox partners with Cube Entertainment to expand business in the metaverse with a K-culture complex created in LAND owned by Cube
DAOs
BitDAO allocates $633 million in funding for Innovative DAOs
BitDAO has announced an allocation of $633 million in funding for different projects across the blockchain ecosystem that will support blockchain gaming, infrastructure and education.
Investments
JP Morgan invests in Blockchain Intelligence Platform TRM Labs
JP Morgan Chase has expanded its interest in the blockchain technology space with an investment in TRM Labs, a well known blockchain analytics firm.
Partnerships
Multichain partnering with NEAR Protocol to enable communication with other networks
Multichain has announced that it is working with NEAR protocol to enable multi-chain assets and communication to easily bridge between NEAR and other networks
Exchanges
Coinbase launches a trading platform allowing users to convert crypto into Mexican pesos
US exchange Coinbase has announced that it has launched a trading feature that enables crypto recipients in Mexico to cash out their funds in pesos.
Regulation
Senate Approves Bill seeking to legalize cryptocurrencies in Brazil
The Economic Affairs Commission (CAE) in Brazil approves the project that regulates the rules for the cryptocurrency market.
Exchanges
Crypto firm Amber Group hits $3 billion valuation in funding round
Singapore crypto firm Amber gets funding led by Temasek, helping them to hire and expand their institutional business.