GameFi studios are booming once again as crypto prices recover
New Web3 gaming projects continue to enter the sector as the price of cryptocurrencies surge.
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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Bitcoin Lightning nodes and channels hit record highs
The number of Lightning Network nodes has increased 160% over the past 12 months while the number of channels is up 170% since January. 267 Total views 28 Total shares The node count for Bitcoin’s leading layer-two solution, the Lightning Network (LN), has spiked to record levels following a surge of adoption.According to on-chain analytics…
Crypto Markets See Mixed Signals After Recent Downturn
Sunday, Nov. 8: crypto markets are seeing mixed signals after a recent downturn, with the top 20 cryptocurrencies mostly in the green, as data from Coin360 shows. Bitcoin (BTC) faces minor losses, while Stellar (XLM) is the only major coin to grow steadily throughout the weekend.Market visualization from Coin360Similar to most of the major currencies,…
US court gives Voyager green light to pay bonuses to key employees
Voyager Digital will pay $1.9 million in retention bonuses to key staff members to ensure the beleaguered cryptocurrency lender can continue operating through bankruptcy proceedings. 117 Total views 4 Total shares A New York bankruptcy court has given embattled cryptocurrency brokerage Voyager Digital the green light to pay retention bonuses to key staff members.The firm…
Dubai to Launch KYC-Focused Blockchain Consortium for Businesses in 2020
A new partnership between the Dubai International Financial Centre (DIFC), Mashreq Bank, and fintech firm Norbloc aims to launch a blockchain-based Know Your Customer (KYC) data-sharing consortium in 2020. The official UAE news agency, Emirates News Agency, reported on the new development on July 31.The DIFC, Mashreq Bank and Norbloc — a Stockholm-based blockchain project…
Crypto Mining Does Not Require Governmental Oversight, Ukrainian Regulator Says
Ukrainian authorities said that crypto mining does not require regulatory activity from governmental oversight bodies or other third-party regulations.In its manifest on virtual assets published on Feb. 7, the Ministry of Digital Transformation of Ukraine stated that mining does not require regulation by state authorities as this activity is regulated by the protocol itself and…
Marketing company wants 90% of Japanese population on Web3: KBW 2023
Ava Labs head of product Nick Mussallem explained how Japanese company Loyalty Marketing is aiming to introduce Web3 to its 100 million users. 141 Total views 2 Total shares Proof-of-stake (PoS) blockchain platform Avalanche is expecting 5-10 million transactions on a subnet as a Japanese loyalty program company that claims to have 100 million users
ConsenSys raises $450M in Series D funding, doubles valuation in four months
“Next round will be our Series ETH, where we will assist investors in getting fully crypto native,” says Joseph Lubin, founder and CEO of ConsenSys. 91 Total views 11 Total shares On Tuesday, ConsenSys, the leading Ethereum and decentralized protocols software company with product suites such as MetaMask, Infura and Truffle, announced the close of a…