Web3 Enabler Startup ‘nealthy’ gets a pre-seed $ 1.3M Funding

Web3 Enabler Startup 'nealthy' gets a pre-seed $ 1.3M Funding

Web 3.0 firm nealthy, which helps people invest in cryptocurrencies and NFTs, has announced (1) the successful completion of a $1.3 million pre-seed funding round. ‘DonGeraldo,’ a crypto celebrity, and several other Web3 investors participated in the investment round. Web3 is an Ethereum-based firm that provides investors with risk profiles for their NFT and cryptocurrency … Read more

Esports Major TSM Joins Hand with Avalanche for its Gaming Subnet Launch

Esports Major TSM Joins Hand with Avalanche for its Gaming Subnet Launch

The cryptocurrency engagement of the esports organization TSM is not yet finished. TSM is still focused on the bigger picture despite the strong esports player being in the middle of the aftermath of the FTX scandal late in the previous year. The organization is entering into a new business arrangement with blockchain Avalanche, which will … Read more

Ethereum L2 Solutions Provider Scroll Raised $50M Funds

Ethereum L2 Solutions Provider Scroll Raised $50M Funds

More than $50 million was raised in the most recent investment round for the Ethereum Layer-2 network Scroll on Monday, March 6. This network makes use of a mechanism known as zk-roll-ups. Polychain Capital, Sequoia China, Bain Capital Crypto, Moore Capital Management, Variant Fund, Newman Capital, IOSG Ventures, and Qiming Venture Partners were among the … Read more

Brazil Launches Beta CBDC, Full Launch by 2024 End

Brazil Launches Beta CBDC, Full Launch by 2024 End

To improve access to financial services throughout the South American nation of Brazil, the country’s central bank has formally introduced a prototype form of central bank digital currency (CBDC). Also, the bank has high expectations that the Brazilian CBDC would achieve the same level of success as Pix, the immediate payment system used in Brazil. … Read more

World’s First Bitcoin NFT ‘TwelveFold’ is a Roaring Success! Yuga Labs Richer by $16.5M!

World's First Bitcoin NFT 'TwelveFold' is a Roaring Success! Yuga Labs Richer by $16.5M!

Yuga Labs has officially finished bidding for the TwelveFold collection, which was the company’s first Bitcoin-based non-fungible token (NFT). During the auction, which lasted for a whole day, there were 288 successful bidders who could take home as many items from the library. In addition, the company claims (1) that it has made a profit … Read more

Smart Money Moving Towards Decentralized Finance (DeFi)

Smart Money Moving Towards Decentralized Finance (DeFi)

In the year 2022, virtual asset financial firms contributed more than $2.7 billion to decentralized finance projects. Since 2021, the investments have climbed by 190, while investing in centralized finance projects has decreased by 73, resulting in a decrease of 4.3 billion dollars over the same period. Even though total crypto financing dropped to $18.25 … Read more

No, Ripple Case Judge in Not part of a ‘Deep State

No, Ripple Case Judge in Not part of a 'Deep State

While the Judge in the lawsuit between Ripple Labs and the SEC continues to wait for a ruling from the US Southern District Court of New York, the XRP community has started circulating rumors that the Judge in charge, Analisa Torres, is a member of the “deep state.” Because of this, proponents of the theory anticipate … Read more

Binance Execs Knew Their Plan to Bypass Regulations Could Cause ‘Nuclear Fallout’ for Company

Binance Execs Knew Their Plan to Bypass Regulations Could Cause 'Nuclear Fallout' for Company

The most recent study published by the Wall Street Journal has once again caused widespread upheaval in the bitcoin industry. As per their sources, Binance, the most significant participant in the business, has been formulating a plan to avoid the possibility of being prosecuted by the relevant authorities in the US. In 2019, the company … Read more

Amazon to Launch its NFT Platform on April 24th?

Amazon to Launch its NFT Platform on April 24th?

According to recent reports, the e-commerce behemoth Amazon Inc is getting ready to roll out its NFT platform very soon. According to the details, the debut is scheduled for April 24th of the following month. Amazon is reportedly (1) getting ready to start selling non-fungible tokens (NFTs) on its website, as revealed in an exclusive … Read more

EOS Blockchain Looking at a New Innings, to Launch New EVM in April

EOS Blockchain Looking at a New Innings, to Launch New EVM in April

According to a report (1), the monetary reward that is being considered for developers who create applications compatible with EVM and deploy them on the EOS blockchain would vary anywhere from $5,000 to $50,000. The reward amount will be determined by the magnitude and scope of the project. EOS is among the legacy protocols that … Read more