$4B non-profit established to stabilize UST stablecoin

With a market cap of more than $170 billion, stablecoin adoption is exploding. The total market of stablecoins grew 450 percent in 2021 alone. Stablecoins are viable internet-native mediums of exchange between... Read more »

WAX announces a historic 10 million NFT drop to its blockchain accounts

Known as the ‘King of NFTs’ and the world’s leading entertainment NFT network, Worldwide Asset eXchange (WAX) will be celebrating its major milestones with a record-breaking 10 million NFT drop to WAX... Read more »

ESMA vice-chairman calls for ban on proof-of-work crypto mining

In an interview with Financial Times Vice-chairman of European Securities and Markets Authorities (ESMA) Erik Thedèen urged EU regulators to restrict the usage of the proof-of-work model while mining cryptocurrency.  Thèedeen further... Read more »

2021 was the year of institutional crypto adoption

Despite the volatility the crypto market experienced in 2021, the year turned out to be a net positive for almost every aspect of the crypto industry. The year saw several major developments... Read more »

Coinbase partners with Mastercard to simplify NFT marketplace purchases

On Tuesday 18th, Coinbase announced its partnership with payment giant Mastercard. As part of the agreement, Coinbase will allow users to purchase NFTs from its upcoming NFT marketplace via Mastercard debit and... Read more »

DeFi Risk Coverage Protocol Bridge Mutual Introduces its V2 Upgrade with Cheaper Coverage and Higher APYs

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research prior to taking any actions. Learn more › Bridge Mutual, a DeFi risk coverage application opens up the new... Read more »

Is the Crypto.com “unauthorized activity” event bigger than first thought?

Crypto.com CEO Kris Marszalek plays down Monday’s “unauthorized activity” event, saying more information will come following the results of an internal investigation. Some users reported suspicious account activity in the days preceding,... Read more »

Singapore prohibits crypto firms from advertising publicly

Authorities in Singapore have stepped up their regulatory oversight of the crypto industry, with new guidelines prohibiting crypto service providers from promoting their services and products to the public. Singapore bars public... Read more »

Bank of America calls Solana “Visa of the digital asset ecosystem”

A leading financial institution, the Bank of America, has predicted that Solana could become the “Visa of the digital asset ecosystem,” which would enable it to steal more of the market share... Read more »

Developers and users need to focus on the strengths of different blockchains to maximize benefits

Big names such as Bitcoin, Ethereum, Polygon, Polkadot, Avalanche, Algorand and Solana tend to crop up in any discussion about blockchain, but amid the technology’s rapid growth and the ever more competitive... Read more »