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The firm says it has already invested in 11 companies and Web3 protocols such as Aave, MakerDAO, LayerZero, and others, with plans to participate in the governance systems of some projects. Popular decentralized exchange (DEX) Uniswap has announced the formation of Uniswap Labs Ventures (ULV), a venture capital fund focused on investing in Web3 companies...
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Traders say the threat of a lengthy bear market is heightened after BTC price drops to $39,200. The cryptocurrency market took a turn for the worse on April 11 after concerns related to rising inflation, the prospect of several more interest rates by the U.S. Federal Reserve and fear of a global food shortage led to...
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Blue Chip NFT collections such as Azuki, Clone X and Doodles are leading the growth of the steady growth of a market that has traded over $17 billion. On Tuesday, blockchain data analytics platform Nansen released its quarterly report on the state of nonfungible tokens, or NFTs. The report highlighted the rapid growth of the NFT market...
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KAVA price continues to trend upward as excitement builds over the upcoming launch of Ethereum and Cosmos Co-Chains. Protocols in the Cosmos ecosystem have seen a significant amount of growth in 2022 due to the intensifying focus on blockchain interoperability and compatibility with the Ethereum network.  One protocol that has seen a buildup in momentum...
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The shadow fork, which is intended to test the next phase of Ethereum’s configuration, has no impact on the existing mainnet. Ethereum developers implemented the network’s first-ever “shadow fork” on Monday, marking an important milestone in the ongoing shift to proof-of-stake (PoS) consensus.  The shadow fork provides a venue for developers to stress test their...
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The creators of Crypto Raiders explain how blockchain gaming is revolutionizing the entertainment industry and shepherding new entrants to Web3. At the height of the nonfungible token (NFT) rally in 2021, Sky Mavis, the creator of Axie Infinity, rolled in like the Trojan horse and coined the term play-to-earn (P2E) for blockchain games. Axie Infinity...
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“The vast majority of advisors we surveyed either plan to begin allocating to crypto or increase their existing allocation to crypto,” said Nasdaq’s Jake Rapaport. While the United States Securities and Exchange Commission (SEC) has yet to approve a spot Bitcoin exchange-traded fund, a recent Nasdaq survey suggested that the offering could lead to greater...
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BTC and altcoins broke below their lower support levels, signaling that further downside is the most likely short-term outcome. Bitcoin (BTC) and most major altcoins have broken key support levels to start the week on a weak note. The crypto markets seem to be following the U.S. equity markets, which are being pulled down as...
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The Treasury admits there’s not much crypto-aided sanctions evasion going on, stablecoins attract regulatory attention, and a fourth futures-based BTC ETF secures approval. Last week, there was a lot of regulatory talk about crypto-related risks. While this is very common in itself, some angles and proposed solutions to such risks came across as novel. In...
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Multiple factors are pushing BTC price below $40,000, but derivatives data shows pro traders are neutral, and holding out hope for a quick trend reversal. On Monday, Bitcoin (BTC) dropped to $40,500, reaching a crucial level that erased the gains from the previous three weeks when the price peaked at $48,200 on March 28. According...
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