Category: Altcoin

NFTs seen as investment opportunity by VCs

According to data from Messari, the NFT marketplace sales volume grew by 2,882% in February. It dwarfed the increase in monthly sales volume in any given month throughout the past three years. The fast growth of the NFT market follows high-profile auctions of nonfungible tokens led by Sotheby’s and other recognizable brands, such as Time

Jeff Garzik’s DeFi protocol Vesper Finance tops $1B TVL in six weeks

Vesper Finance, a recently launched DeFI yield suite co-founded by former Bitcoin core developer Jeff Garzik, has surpassed a TVL of $1 billion within six weeks of launching on mainnet. Garzik, also an executive of blockchain technology firm Bloq Inc, tweeted the news on March 23 while also revealing the team had open-sourced its smart

Uniswap V3 launches — UNI prices surges by 8% in minutes

UNI, the governance token of Uniswap, the most widely utilized automated market maker (AMM) in DeFi, has surged significantly after the launch of Uniswap V3 on March 23. At just over $35 per token, UNI has gained nearly 23% in the past week The Uniswap team said: “Today, we are excited to present an overview

Coinbase listing effect reemerges as Ankr, Curve (CRV) and Storj rally

On March 23 the Coinbase listing ‘bump’ reemerged as the exchange announced that it would list Ankr (ANKR), Curve DAO Token (CRV), and Storj (STORJ) on Coinbase Pro.   A blog post from the top U.S.-based cryptocurrency exchange stated that inbound transfers for ANKR, CRV and STORJ are available beginning March 23 with trading set to “begin on

Charles Hoskinson Blasts Cardano FUD, Says DeFi Projects May Move to ADA

Cardano creator Charles Hoskinson is addressing the fear, uncertainty, and doubt (FUD) surrounding the fifth-largest cryptocurrency by market cap amid its meteoric rise. In a new Periscope stream, Hoskinson blasts naysayers for spreading rumors that Cardano is a ghost chain or a platform without a use case. “Despite the fact that we don’t have full

Gambling tokens hit the jackpot as COVID-19 lockdowns drag on

Global developments over the past year have reshaped all aspects of daily life for most people and initiated some structural changes in how society operates. Lockdowns and travel restrictions have led to the rise of remote working and altered the way people make use of their free time.  The coronavirus pandemic essentially shut down travel

Bitcoin Billionaire Chamath Palihapitiya Says He’s Buying Crypto Art, Calls NFTs the Next Frontier of Digital Assets

Venture capitalist and Social Capital CEO Chamath Palihapitiya recently predicted the explosion of crypto art and non-fungible tokens (NFTs). In a recent interview with Bloomberg Markets and Finance, the billionaire posits that NFTs are the next frontier in the digital asset space. “I am building a fairly sizeable portfolio of what are called NFTs (non-fungible