Non-Fungible Tokens (NFTs) (often called NFT coins by beginners) have recently experienced a steady rise in popularity, strengthening the ongoing boom in Decentralized Finance (DeFi). At the time of writing, 652,082 NFTs are in circulation, representing the vast diversification of blockchain technology’s scope. Over the years, experts at Airdrop Alert have written substantially on the […]
Announcing a $10.5 Mn Fund from 0x and Polygon to Bring 1M Users to Polygon and Ethereum
Coinspeaker Announcing a $10.5 Mn Fund from 0x and Polygon to Bring 1M Users to Polygon and Ethereum Polygon has announced a goal to bring 1M users to Polygon with 0x, the framework powering decentralized exchange on Ethereum. Together, the teams are committing a total of $10.5 mn via the 0xDAO to further support Developers […]
Hardware Wallet Manufacturer Foundation Devices Raises $2 Million In Seed Round
Bitcoin hardware wallet manufacturer Foundation Devices has raised $2 million in a seed round led by venture fund Bolt. Foundation Devices, a bitcoin hardware wallet manufacturer, has announced it has raised $2 million in a seed round led by early-stage venture fund Bolt. Along with the round, Tyler Mincey, a partner at Bolt who previously […]
Former Bank Of China Deputy Governor Slams El Salvador; Faces Flak
Former Deputy Governor of Bank of China, Wang Yongli, criticized the recent move by El Salvador to grant legal tender status to Bitcoin. His comments have faced heavy fire from several industry bigwigs from China, who have come out in contradiction to his statement. El Salvador Becomes First Country To Legalize Bitcoin On June 9th, […]
Coinbase Expands Bitcoin-collateralized Loans, Signs 401k Investment Deal
Coinbase, a publicly traded cryptocurrency exchange, announced today that it will expand its Bitcoin-collateralized loans for 17 more states in the U.S.The expansion of the exchange’s Bitcoin-collateralized loans now also allows customers to borrow up to 40% on their Bitcoin holdings. The expansion will now be offered as fixed-term BTC collateralized loans to Alaska, Arkansas, […]
MXC Exchange Rebrands to MEXC Global As Part of Its Globalization Strategy
Singapore, 10 June 2021 — ZEXPRWIRE, On June 8, Singapore Standard Time, the MXC Exchange officially rebranded to MEXC Global. The brand upgrade is a vital part of the exchange’s strategy to reach global adoption. The rebranding seeks to deepen the platform’s global compliance strategy and adapt to changing markets. Since its launch in 2018, MEXC has been […]
MOV JieDai Protocol Explained
What is MOV JieDai protocol? The MOV JieDai protocol is a crypto asset rate protocol based on the Bytom mainchain and Bytom layer2 sidechain Vapor. Simply speaking, MOV actually realizes the lending service like a bank through rate algorithm model based on smart contract. Users can deposit, withdraw and lending to obtain interest. Of course, […]
XCarnival Secures $2 Million Seed Investment
Synthetic assets open up several opportunities for investors by not confining them to a specific location. If the concept excites you, there’s good news from XCarnival. Recently, XCarnival announced it has secured a two-million US dollar seed investment in its quest to reinvent synthetic assets in crypto. This investment was led by top crypto funds […]
China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds
Chinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. Crackdown on Telecom Fraud Using Cryptocurrency for Money Laundering The Ministry of Public Security of the People’s Republic of China […]
MahaDAO to Launch World’s First Valuecoin on Polygon
Coinspeaker MahaDAO to Launch World’s First Valuecoin on Polygon MahaDAO is preparing to launch what it calls the world’s first valuecoin on June 22nd. The asset, ARTH, will initially go live on the Polygon network. A fractional reserve stablecoin fully backed by collateral, ARTH is also set to be deployed on Ethereum, Binance Smart Chain […]