The NYM Innovation Fund will support research on mixnets and privacy-enhancing technologies. Swiss privacy startup Nym Technologies announced it has secured $300 million in commitments from venture capital partners in support of the NYM Innovation Fund. Nym intends to issue grants to developers and incentivize them to build on top of Nym’s decentralized infrastructure. This...Continue Reading

Approximately $3.8 million has been created or returned to the BTC network by whale addresses since the Russian-Ukrainian war began. Bitcoin (BTC) topped out at around $46,000 on April 4 before freefalling back to $38,000, causing much frustration among crypto traders who have been so used to the market’s unreal returns in the past two...Continue Reading

According to the exchange, users will not incur any gas fees for trading NFTs custodied with Kraken — only transferring tokens and NFTs off the platform. Crypto exchange Kraken has opened a waitlist for its nonfungible token, or NFT, marketplace in beta more than four months after CEO Jesse Powell announced the initiative. In a...Continue Reading

ALGO price struggles to clear technical resistance despite the ongoing Algorand-FIFA partnership hype. Algorand (ALGO) prices rallied higher on May 3 after becoming FIFA’s official blockchain solution provider. Nonetheless, the ALGO/USD pair continues to face selloff risks. High-profile partnership ALGO’s price jumped 20% to $0.74, its highest level since April 22. Its move upside came...Continue Reading

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the most bullish cryptocurrencies at the moment. The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss what they believe are the top three most bullish coins one should take a closer look at. But first,...Continue Reading

SALT’s Crypto Bahamas brought together traditional financial players with crypto companies and industry experts to discuss the future of digital assets. The crypto community and Wall Street converged last week in Nassau, Bahamas, to discuss the future of digital assets during SALT’s Crypto Bahamas conference. The ​​SkyBridge Alternatives Conference (SALT) was also co-hosted this year...Continue Reading

“You can’t think of a worse macro environment” than right now, Tudor Jones tells mainstream media ahead of the Fed’s presumed rate hike confirmation. Bitcoin (BTC) kept investors guessing on May 3 as markets awaited May 4’s Federal Reserve comments. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tudor Jones says “no thanks” to stocks, bonds...Continue Reading

Gaming is now one of the most profitable sectors of the entertainment industry, with consumer spending in the United States growing 8% in 2021 to top $60.4 billion in revenue. Worldwide, the games market generated an estimated $180.3 billion in 2021, up 1.4%. Within that segment are the hugely popular play-to-earn blockchain-based games, which are...Continue Reading

ApeCoin DAO board member Yat Siu said that there is currently “no discussion” regarding an exclusive chain for APE. ApeCoin (APE) announced its integration with Ethereum (ETH) sidechain Polygon after the recent Yuga Labs’ Otherdeeds nonfungible token (NFT) minting incident that led to speculation on a new chain for APE. One of the world’s largest...Continue Reading

Strong ADA accumulation among whales is also in progress, according to on-chain data. Cardano (ADA) price has been rebounding after falling to the worst levels since February 2021. Meanwhile, a technical fractal suggests that ADA’s upside retracement could continue in the coming weeks. Can ADA price extend the recovery? ADA’s price has started bouncing after...Continue Reading