Blockchain Financial News

29.07 / 11:47

Blockchain Stablecoin defi Hackers Exploit Solana-based stablecoin NIRV drops 85% following $3.5M exploit

Solana-based algorithmic stablecoin NIRV has become the latest stablecoin to fail after dropping 85% from its United States dollar peg following a hack on adaptive yield protocol Nirvana Finance on Wednesday.

29.07 / 11:41

Blockchain Adoption Bitcoin Crypto use in emerging markets driven by necessity: KuCoin Labs head

The proliferation of cryptocurrencies around the world has been driven by different use-cases, with key differences becoming apparent between developed and emerging market environments.

29.07 / 11:41

Blockchain Altcoin Strategy Bitcoin end Is the end of this crypto winter in sight? | Find out now on Market Talks with Ted Warren and Mark Yusko

In this week's episode of Market Talks, we welcome the founder, chief investment officer and managing director of Morgan Creek Capital Management, Mark Yusko.

29.07 / 11:41

Blockchain Adoption DApp shopping Solana Spaces store to bring 100K people to Solana per month — CEO Vibhu Norby

Solana Spaces CEO Vibhu Norby said the new physical Solana stores will introduce up to 100,000 people per month to the Solana ecosystem while also signaling plans to open a virtual storefront in the near future.

29.07 / 11:40

business Blockchain After weeks of rumors, Thai crypto exchange Zipmex files for debt relief in Singapore

In a document dated Wednesday, July 27, Thai cryptocurrency exchange Zipmex said that its solicitors in Singapore, Morgan Lewis Stamford LLC, filed five moratorium applications, or legal authorization to debtors to postpone payment, under Section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018 on behalf of the company. Zipmex seeks to protect itself against third party actions, claims, and proceedings for a period of six months while the filing is active. The announcement came just one week after its CEO and co-founder Marcus Lim publicly denied the firm was facing financial troubles. Rumors have been circulating in the past month that the cryptocurrency exchange was insolvent after a proposed acquisition by Coinbase fell through.

28.07 / 19:32

Blockchain Digital CEO Adventure Comadran Studios Gets Token Subscription of 50M USD From GEM Digital

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

28.07 / 19:08

Blockchain Technology Adoption How to build your first blockchain on Substrate?

When Ethereum was launched in July 2015, the world was introduced to the concept of smart contracts that hoped to revolutionize the blockchain space and allowed anyone from developers to enthusiasts to deploy decentralized applications (DApps) on the Ethereum mainnet.

28.07 / 19:07

business Blockchain Adoption Binance Binance jumps into NFT ticketing after UEFA League fiasco

Following the chaos caused by counterfeit tickets in the UEFA Champions League 2022, crypto exchange Binance has launched the pilot of its nonfungible token (NFT) ticketing solution with football club Società Sportiva Lazio for the 2022 to 2023 season.

28.07 / 19:03

Blockchain Adoption Amazon education Power Decentralized storage providers power the Web3 economy, but adoption still underway

The promise of owning and managing one’s own data is revolutionary, creating increasing interest in Web3 platforms and applications. For instance, recent findings show that the Web3 market was estimated to be worth around $2.9 billion last year, yet this number is expected to reach $23.3 billion by 2028. Web3 is also capturing the interest of venture capitalists, as Cointelegraph Research found this sector to be the most sought-after investment deal in 2022.

28.07 / 19:03

Blockchain defi Gaming events Condense to live stream IRL events into the metaverse

The Metaverse infrastructure company closed a seed funding round to continue the development of 3D live streaming technology. Condense raised $4.5 million in a round led by LocalGlobe, 7percent Ventures and Deeptech Labs.

28.07 / 17:57

Blockchain Ethereum ETH Santiment Ethereum: Reasons why ETH is highest gainer among top ten coins

The Federal Reserve has hiked interest rates by another 75 basis points. The rate hike comes after the Consumer Price Index revealed that inflation had hit a fresh 40-year high of 9.1% in June.

28.07 / 14:15

Blockchain Gaming play-to-earn play Play-to-earn mania has cooled, but this new game spots a big opportunity

The world of play-to-earn games is changing.

28.07 / 14:15

Blockchain Bitfury Research Bitcoin Future Critic of Bitcoin’s ‘one-percenters’ still positive about future of digital assets

A future without digital assets is hardly imaginable but Bitcoin (BTC) is far from being perfect by design, according to a finance professor at the London School of Economics (LSE).

28.07 / 14:15

business Blockchain Ethereum Bitcoin Crypto mining still profitable in the long-term, expert says

From the great migration to the bear market, crypto miners went through many challenges throughout the year including a shift in profitability. However, according to Steve Bassi, an expert in Bitcoin (BTC) and Ether (ETH) mining, crypto mining may still be profitable if we look at its long-term prospects.

28.07 / 13:05

Blockchain Ethereum BLOCK Harmony Plans to Mint billions of New ONE Tokens for Reimbursement

Harmony is planning a hard fork to mint billions of new harmony (ONE) tokens to reimburse victims of its bridge hack last month.

28.07 / 12:35

Blockchain Career Racing Discover Features PolkaFantasy's New NFT Marketplace aimée Features Exclusive Collection from Mega Man’s "Beastroid"

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

28.07 / 10:34

Blockchain Twitter Reddit Critique on Helium’s $6.5K monthly revenue causes a stir

A recent critique from author and entrepreneur Liron Shapira on the Helium blockchain project has caused a strong debate over the long-term prospects of the company.

28.07 / 09:07

Blockchain Digital Platform StarCard Sports Games Launches “Legends” Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

28.07 / 02:35

business Blockchain Adoption Square Enix to launch FF7: Nifty Newsletter, July 20–26

In this week’s newsletter, read about how game developer Square Enix plans to launch Final Fantasy VII digital collectibles. Check out the new Open Metaverse Alliance for Web3 and how NFT sales will fund artwork restoration efforts in Ukraine.

28.07 / 02:35

Government Blockchain Art censorship Cuban NFT artists say they face censorship within the crypto market

Cuba’s art market shut down completely during the pandemic, leading the community to turn to digital markets for survival. However, artists say that they remain censored due to the United States sanctions against Cuba, with US based platforms like Open Sea going to the extremes of deleting content and accounts linked to the country itself.

27.07 / 22:13

Blockchain NFT Metaverse Tron producer Donald Kushner creates Web3-inspired Cryptosaurs NFT collection

It's been 40 years since the classic sci-fi adventure film Tron hit movie screens around the world. Produced by Donald Kushner and released by Walt Disney Productions, its highly original futuresque concept made history by revolutionizing the use of computer animation in film while introducing audiences to one of the earliest interpretations of a digital metaverse.

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