Crypto News

Bridging assets could help solve issues like scalability, speed and high fees. Bridging means users can move their tokens between blockchain networks quickly and cost-effectively. The Polygon Bridge is used for cross-chain transactions between the Polygon (MATIC) and Ethereum (ETH) blockchains. It allows users to transfer ERC tokens and NFTs…

Japanese gaming giant Sega is looking at integrating cloud technology and NFTs as part of its new “Super Game” project to connect different games to each other. The news has caused a predictable backlash from the crypto-skeptic section of the gaming community, with many people voicing their frustrations at the…

Crypto venture capital firms have been investing at unprecedented rates recently and Andreessen Horowitz is one of the industry’s leaders making huge returns on their investments. Andreessen Horowitz (a16z) general partner Chris Dixon has topped the Forbes “Midas List” of the world’s best venture capital investors in 2022. Seldom does…

Celsius has been positioned as one of the leading yield-generating CeFi platforms on the market, battling neck-and-neck with other dedicated CeFi platforms such as BlockFi and Nexo. Their positioning is seemingly weakened this week, certainly with retail investors, as the platform sent out an announcement to all users and released…

Crypto trading company Currency.com has announced it halted operations for clients based in Russia following the country’s “violence and disorder” imposed on the people of Ukraine. In a Tuesday announcement, Currency.com said Russian residents would no longer be able to access its services following the platform’s decision to stop Russia-based…

Bored Apes take on the restaurant and movie business Bored Ape Yacht Club, or BAYC, NFT holders own the intellectual property rights to their specific ape and can use the likeness of their ape(s) for commercial purposes. One such BAYC member, Andy Nguyen, decided to open a Bored Ape themed restaurant…

Cryptocurrency mixers have been an interesting topic of discussion ever since the advent of cryptocurrencies and their adoption by retail investors around the world.  Cryptocurrency mixers are services that essentially focus on one feature of a blockchain network: privacy.  Cryptocurrency mixers, also known as tumblers, provide anonymity so no one…

Pledge, a fundraising platform, has created “PledgeCrypto,2/51” which allows non-profits to accept crypto donations in more than 130 cryptocurrencies, including Bitcoin, Ethereum, and Tether, and then turn them into fiat money. Fundraising platform Pledge has launched PledgeCrypto to allow nonprofits to accept crypto donations in more than 130 cryptocurrencies, including…

Fresh data on Indian crypto exchanges’ trading volume reveals a significant decline in trading practices among Indians just ten days after the tax rule implementation. India’s new 30% crypto tax rule came into effect on April 1, despite many stakeholders and exchange operators warning against its ill effects.  A research…

Tech venture capital firm White Star Capital has secured $120 million in funding for its second Digital Asset Fund (DAF II) to invest in crypto networks and early-stage blockchain and Web3 businesses. The fund is primarily backed by game publishing giant Ubisoft and will take a particular focus on decentralized…