Ethereum deploys nearly $500M to ecosystem projects in 2022–2023: Report
The Ethereum Foundation said the ecosystem is supported by over $22 billion in treasury funds across Ethereum-based projects.
Related Posts
Crypto Collectible Game Announces New Battles. Players Get Paid If They Win
The crypto collectible game, Blockchain Cuties, has announced Raid Boss Battles, a new everyday server event. The game promises winners will get unique ERC-20 CUTE tokens as rewards, according to their input in winning.New game featuresIn the new battle, there is one common enemy which is a Raid Boss, a special powerful Cutie who has…
Major Consulting Firm McKinsey Finds Little Evidence of Practical Blockchain Use Cases
Major financial consulting company McKinsey & Company believes that there is little evidence of practical use for blockchain, according to an official post published on Jan. 4.McKinsey was founded in 1926 and has a reported revenue for 2018 over over $10 billion, with over 27,000 employees globally.The article, written by three McKinsey partners, notes that…
Facebook Releases Cryptocurrency White Paper for Libra Currency
Social media giant Facebook has released the white paper for its long-awaited cryptocurrency and blockchain-based financial infrastructure project today, June 18.According to the paper, Facebook’s global stablecoin, dubbed “libra,” will operate on the native and scalable Libra blockchain, and be backed by a reserve of assets ostensibly “designed to give it intrinsic value” and mitigate…
Apple’s 30% tax rules will stay for now, crypto and NFTs may have to wait
A Supreme Court judge has rejected a request from Epic Games that would've immediately loosened Apple's App Store payment rules, to the potential benefit of crypto and NFT apps. 37 Total views 1 Total shares Crypto app developers hoping for a loosening of Apple's App Store rules will have to wait longer after a United…
One in Four Trading Firms Have Adopted Crypto in Some Way
A report produced by derivatives analysis firm, Acuiti, has revealed a growing interest in listing crypto assets among institutions, despite lingering compliance concerns. The report was compiled in partnership with exchanges, Bitstamp, and the Chicago Mercantile Exchange (CME).The study surveyed 86 “senior executives from the buy-side, sell-side, and proprietary trading groups specialized in traditional derivatives…
Spot Solana ETF might 9X the price of SOL: GSR Markets
The crypto market maker’s forecast for Solana was based on a “blue sky” scenario, while its “bear” scenario only predicted a 1.4x increase in Solana’s price.
Rise of the exchange token: From utility coin to long-term investment?
Native exchange tokens have exploded in value in recent months, alongside the wider cryptocurrency markets, changing the narrative for what these tokens were originally meant for.Bitcoin (BTC), Ether (ETH) and other cryptocurrencies have seen exponential growth over the past six months. In part, this is due to major institutional investors finally entering the markets in…
Thai SEC bans exchanges from handling certain token types including NFTs
Local exchanges now have until July 11 to update their rules for listing tokens in order to be in compliance with SEC guidelines. 1687 Total views 1 Total shares Thailand’s Securities and Exchange Commission has approved guidelines prohibiting crypto exchanges in the country from supporting four different types of tokens in certain cases.In a Friday…