The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
Footprint Analytics: A quick look at SocialFi
SocialFi has the characteristics of decentralization, openness and user control.
Dubai World Trade Centre is becoming a crypto hub, will rollout a new “world-class regulatory framework”
With the new initiative, the United Arab Emirates (UAE) continue ranking high on the list of crypto-friendly jurisdictions.
Ethereum-based liquid staking solution Lido announces the integration of Chainlink Price Feeds
Set to expand the utility of Lido’s staked assets, the platform announced the first in a row of Chainlink Price Feeds.
Coinbase defines its role in the Metaverse, saying keeping it free and open is its goal
Coinbase announces its plans to get involved with the Metaverse, and claims it's for altruistic reasons.
VCs invest $30 billion into crypto industry
If crypto investments would be used as a metric to gauge if crypto has finally gone mainstream, then one could argue that 2021 was the year that the industry finally gained acceptance from both investors and the general public.
Cardano users can now spend ADA at 40,000 US stores via Flexa network
Cardano (ADA) is now live on Gemini-backed crypto payments network Flexa.
Despite ban, China’s Bitcoin miners keep operating
Available report now shows that Bitcoin miners are still operating in China despite the crackdown.
Sanctor Capital wraps up another mentorship program for early-stage founders exploring Web3 and Metaverse
Project demos were followed up by four compelling panels that hosted some of the industry's top experts, who shared their stance and ideas regarding the future of Web3 infrastructure, NFTs, on-chain gaming, and finally, privacy and interoperability.
Voodoo confirms $200 million investment in blockchain gaming
Voodoo unveils plans to invest $200 million to power blockchain gaming projects and introduce blockchain gaming experience to the users globally.
Ethereum co-founder makes surprise visit to Argentina, what is Buterin planning?
Vitalik Buterin meets the former head of state who mentions "blockchain opportunities" in a tweet about the meeting.
Former electronics store, RadioShack, pivots fully into DeFi
A renowned American electronics store, RadioShack, has confirmed that it is switching its business model to focus fully on decentralized finance.
Polygon grows as network offers developers solutions to Ethereum’s problems
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.
HoDooi founder Matt Luczynski believes “NFT will be the key to unlocking Web3”
CryptoSlate talked to Luczynski about the future of NFTs, HoDooi’s recent growth spurred by bridging to Cronos, as well as what’s on the roadmap for 2022.
India’s top bank calls for complete crypto ban
The future of cryptocurrency in India continues to be debated as the Reserve Bank of India (RBI) has insisted that the country needs to ban crypto to protect its economy.
Internet vs. crypto adoption chart predicts 1 billion users by 2027
Although crypto users currently form only a small percentage of the global population, the rise of Web3.0 is expected to hasten adoption rates.