The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
Enjin announces $100 million fund to support a crypto metaverse
Competition for building the next generation internet hots up as Enjin makes its play.
‘Unique’ NFT buying activity is increasing on dApps like OpenSea and SuperRare
Despite the dwindling sales volume of the NFT space, there are now more new buyers in the market than ever before.
Indian unicorn Paytm could soon offer Bitcoin (BTC) payments
Paytm might consider launching Bitcoin offerings in the country if the Indian authorities manage to eliminate all the regulatory stress surrounding cryptocurrency trade in the region.
‘Serum Markets’ launches for easy market analytics on the Solana blockchain
The new protocol allows Serum users to better analyze data and funds from their various end-users on the burgeoning Solana DeFi ecosystem.
‘Wrapped’ XRP is coming to the Ethereum (ETH) blockchain
XRP holders can now enjoy DeFi services with their token as it would now be hosted on the Ethereum blockchain.
Crypto holders earning less than $50,000 are quitting work in droves
The poorest workers are quiting work thanks to crypto gains during this bull run.
US legislators ask SEC to approve a Bitcoin spot ETF
US lawmakers ask why the SEC have approved two futures-based Bitcoin ETFs but still refuses to approve a spot-based ETF,
Chainlink now secures over $75 billion on supported dApps
Price feeds powered by the world’s largest decentralized oracle network are now securing smart contracts across numerous leading blockchains.
New Coinbase feature allows Bitcoin as collateral for up to $1 million cash loan
Coinbase users can borrow $1 million on the exchange using their BTC as collateral whilst paying as little as $10 monthly.
How Pollen DeFi’s community curated Asset Index embodies ‘DeFi 2.0’ and creates ‘Crypto Meritocracy’
Pollen DeFi aims to push ‘DeFi’ into the ‘DeFi 2.0’ era by moving beyond institutional imitation and removing centralized middlemen.
Binance funds a $116 million initiative aimed at developing a crypto ecosystem in France
Crypto exchange Binance, in association with France Fintech, a non-profit company, will aid in the expansion of French and European blockchain networks and the emerging crypto ecosystem in the region.
Binance to track scammers behind Squid Game token that fell 99%
Binance, the largest cryptocurrency exchange in the world is actively investigating the squid game token scam.
Institutional investments into cryptos like Solana, Cardano, and Bitcoin is already 30% higher than 2020
Institutional investors have already invested over $8 billion into the crypto industry in this year alone.
Shiba Inu and Dogecoin emerge as the most traded cryptos on Indian exchanges
The meme coins have attracted a sizable trading volume in the country compared to other mainstream cryptos like Bitcoin and Ethereum.
Jungle Freaks NFT sparks racism issues as social groups get offended
Jungle Freaks NFTs are being sold in throngs due to the ties of its artist to racism leading to the price crash of the token.