Bitcoin battered and bruised – but is it beaten?

Elon, then China, then regulatory jurisdictions around the world have all taken their turns to put the boot into Bitcoin. The number one cryptocurrency is on the precipice. Strong support at $30,000 is being approached again. Is this the time for Bitcoin to fall over the edge, or will we see a huge Bitcoinesque rally?  It’s quiet in […]

TotemFi announces their roadmap to Mainnet

This week TotemFi, the staking-based prediction market platform, revealed their roadmap to the Mainnet launch of their collaborative, non-punitive predictions platform. Commenting on the launch, CEO Jolyon Layard Horsfall stated: “looking back on our TGE less than three months ago, and at all the work which it took to get us to this point, we’re […]

Thales Uses DAO-first Round to Raise $2.5 Million

In an important development, Thales has successfully raised $2.5 million through an investment round led by the Apollo Capital and Framework Ventures. The company has also expressed its gratitude to LD Capital, ChainCatcher, Zee Prime Capital, and Honey DAO for providing their valuable logistical support during the process of this money-raising exercise. It is a […]

Polygon Adds the 1st Non-Cash Base Token, WMATIC

While the crypto sector is facing some troubles, Polygon is shining through its partnerships and product launches. Now the network is adding the first non-cash base token, WMATIC. In addition, Deri Protocol, the novel derivative protocol on the Polygon network, is adding the token. Deri Protocol supports multiple base tokens to offer liquidity to LPs […]

China shuts down crypto mining in Anhui province

The Anhui government is addressing growing electricity demand by shutting down local crypto mining operations. The Chinese government continues cracking down on the cryptocurrency mining industry by suspending crypto mining operations in another province. Authorities at Anhui, a small province in eastern China, have announced a set of measures to tackle growing electricity demand and […]

Cryptocurrency Trading Volumes Decreased 40% in June

Cryptocurrency trading volumes decreased significantly in June according to data from Cryptocompare, a price and volume tracking organization. Volumes traded diminished by at least 40% month-on-month, with spot and derivatives trading both suffering due to the mining and trading crackdown in China, amongst other factors. The resulting volatility seems to have made many traders lose […]