Global gaming revenues are booming, with mobile games surpassing 75 billion U.S. dollars in annual revenue, which accounted for 43 percent of the global gaming market in 2020 (Source: Statista). While purchasing the game used to be the main monetization method of games, today, the reality is much different. Subscription services, paid downloads of additional…
Details
Though decentralized finance is one of the dominant uses for blockchain technology today, it can be easy to forget that the industry is still in its very earliest stages of development. After all, just three years ago, automated market makers (AMMs), yield farms, algorithmic stablecoins, and more, were essentially non-existent. But now, thanks to the…
Details
The rug was just pulled across crypto, wiping out gains from the past week and then some. Bitcoin is now back at prices from March, and is at risk of falling deeper into a bear phase according to a fractal found in the recent price action. What’s notable, is that the same fractal suggests that…
Details
Many blockchains have gained traction in the world of decentralized finance. Although Cardano is not often mentioned in this context, that situation may come to change soon. Decentralized smart order routing engine deFIRE has completed its $5 million pre-IDO funding round. Building The Cardano DeFi landscape At its core, the Cardano ecosystem lends itself well…
Details
GoodFi, a not-for-profit organization created by Radix with the mission of getting 100 million people into DeFi by 2025, announced today the addition of 22 executives to its advisory board from DeFi industry leaders such as Chainlink, Aave, Sushiswap, Avalanche and mStable. The addition of the Board of Advisors, who meet monthly to tackle the…
Details
Elon Musk has released a statement saying Tesla will no longer accept Bitcoin as payment for its electric vehicles. The firm said the decision was based on the increasing use of coal in Bitcoin mining. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the…
Details
A month after its Alpha launch, the reputation based online social platform for crypto communities, Coreto has entered Phase II and is in the process of receiving a huge upgrade. As a part of this new development, the community-driven, crowdsourced crypto information platform is implementing Coreto Design Language (CDL) – a design language system optimized…
Details
Everyone knows about Miami’s famous Art Basel, but the NFT craze has opened the doors for a new kind of exhibition. Wealth management platform Elitium and blockchain investment firm GDA Capital have teamed up for the first-ever physical NFT showing of its kind. NFT BAZL promises to be a game-changing event for both the blockchain…
Details
More and more people are deciding to move away from the jurisdiction of bricks-and-mortar banks as they want more control over their money. Unbanking is a growing movement, but people aren’t storing their cash under their mattress anymore—they’re holding crypto. Specifically decentralized finance coins (DeFi). Getting full control of your money and operating with DeFi…
Details
Ethereum started a major decline from well above $4,000 against the US Dollar. ETH price is now correcting losses from $3,500, but it could struggle near $4,050 and $4,100. Ethereum topped near the $4,375 before staring a downside correction. The price declined heavily below $4,000 and the 100 hourly simple moving average. There was a…
Details
