Jeff Zirlin runs the largest NFT project ever created. His monster battling game, Axie Infinity, boasts 1 million users and has generated $2.1 billion in sales, and it costs about $1,500 just to buy enough monsters required to …
More
Cardano developers can now leverage Chainlink for better smart contracts
Cardano is scaling up its decentralized finance (DeFi) smart contract development with a new partnership with Chainlink who will be providing the upgraded crypto asset with its oracle integration services for …
More
Cardano (ADA) to enable new DeFi stablecoin with Coti
A new stablecoin is arriving on the Cardano blockchain to provide a tool for decentralized finance (DeFi) operations and avoid transaction fees. Cardano’s payment gateway provider, Coti, will be the …
More
Cardano (ADA) ecosystem receives $100 million to fund DeFi, NFTs
Emurgo has announced it will contribute $100 million to a fund focused on DeFi, NFTs, and education for the Cardano blockchain. Emurgo, the commercial arm of Cardano, will invest $100 …
More
Cardano’s DeFi ecosystem receives the first fiat on-ramp with stablecoins
As Cardano-based DeFis are taking their first baby steps, their customers need secure and decentralized on-ramps and off-ramps for fiat money and stablecoins. According to the official announcement by COTI Network (COTI), a digital …
More
Ukraine to join the comity of crypto-friendly nations with new regulation
The legal status of cryptocurrencies remains a mixed bag of regulatory positions, depending on the jurisdiction being considered. While some countries move toward blanket prohibitions or stringent regulations, others elect …
More
25% of Salvadorians downloaded the Bitcoin wallet dissolving fears of a revolt
Despite the latest Bitcoin dip, President Nayib Bukele tweeted that 1.6 million Salvadorians now use the Chivo Wallet. With a population of 6.5 million, this figure constitutes a quarter of the country’s population. …
More
Investment giant Invesco plans to launch a crypto ETF in the US
Invesco, the investment giant with over $1.3 trillion in assets under management and one of the largest exchange-traded funds providers in the United States wants to launch a series of …
More
Cardano (ADA) to host storefront for developers to upload their DApps
With the Cardano blockchain now supporting smart contract capabilities, developers will soon be able to upload their decentralized applications (DApps) and make them available to others through a Plutus dAppStore, according to a blog post by …
More
Cardano (ADA) plans to make “industry-defining announcements” this weekend
The much anticipated Cardano Summit 2021 fixed for 25-26 September has been billed to be the biggest ever and most exciting event yet hosted by the organizations behind the development …
More