Grayscale launches Pyth investment fund
The fund claims to offer “higher-beta” exposure to the growth of the Solana ecosystem as Grayscale continues to expand its suite of single-asset crypto funds.
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Chinese Officials Say Bitcoin Doesn’t Make the Top 10 Cryptocurrencies
Bitcoin ranks 12th in a recent blockchain evaluation index, as published by China’s Center for Information and Industry Development. 1044 Total views 14 Total shares China’s Center for Information and Industry Development, or CCID, revealed on June 18 its 18th CCID Global Public Chain Technology Evaluation Index. This index ranked 37 well-known global cryptos using…

‘Multichain was a big blow’, says Andre Cronje as Fantom TVL slumps
Fantom's TVL dropped from over $364 million in early May to about $70 million on July 14. At its peak in 2022, Fantom's TVL topped $7.5 billion. 121 Total views 1 Total shares Fantom's co-founder Andre Cronje classified Multichain's debacle as a "big blow" to the smart contract platform, which saw a sharp decline in…

Flamingo (FLM) TVL rises as Ethereum gas solutions remain elusive
Flamingo’s total value locked continues to rise as DeFi investors are attracted to the platform's zero-fee transactions and high-yield liquidity pools. 1189 Total views 14 Total shares Yield farming has grown in popularity over the past year alongside the rise of decentralized finance, but recently the ability to earn a good return has been limited…

Bitcoin recovery fizzles, but SOL, DOT, NEAR and KAS could rally
Buyers will need to keep Bitcoin above $53,500 to start a recovery in SOL, DOT, NEAR and KAS.

Bitcoin Returns Have Dwarfed Every Tech IPO Since 2010, New Data Shows
Bitcoin’s performance has outstripped mainstream investments in internet firms since 2010 by an almost unthinkable factor. Twitter user Crypto Godfather, CEO of blockchain-focused magazine Block Journal, shared data to corroborate this point on Aug. 27.Bitcoin price has exploded from a few cents to thousands of dollars The earliest price data for Bitcoin dates back to March 2010,…

Blockchain games take on the mainstream: Here’s how they can win
Gaming is now one of the most profitable sectors of the entertainment industry, with consumer spending in the United States growing 8% in 2021 to top $60.4 billion in revenue. Worldwide, the games market generated an estimated $180.3 billion in 2021, up 1.4%. Within that segment are the hugely popular play-to-earn blockchain-based games, which are…

Wall Street Blockchain Alliance Joins Enterprise Blockchain Consortium R3
The Wall Street Blockchain Alliance (WSBA) has joined blockchain consortium R3 to develop applications and solutions on their Corda platform, a Feb. 5 press release reports.According to a statement made by the CEO of R3, David E. Rutter, the WSBA and R3 will collaborate in order to “advocate a strategic approach to collaborating with regulatory…

Former Bithumb Chairman faces eight-year imprisonment
According to prosecutors, Lee Jeong-hoon intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations. Lee Jeong-hoon, the former chair of Bithumb, one of South Korea’s major cryptocurrency exchanges, is at the center of a legal battle and might be facing an eight-year prison sentence in the appeal whose verdict is scheduled