Cross-chain bridge equipped altcoins rally higher despite China’s crypto ban

REN, CELR and CVC ignore the market’s bearish reaction to China’s new crypto ban by posting double-digit gains. The bullish momentum that had been growing across the cryptocurrency ecosystem over the past few days came to a screeching halt on Sept.

APENFT Announces Strategic Partnership With BAYCTron; Tron’s Justin Sun Follows Closely

After its highly anticipated marketplace launch, Bored Ape Yacht Club Tron and APENFT Foundation joined forces through a strategic partnership meant to incentivize further the development of promising NFT works on the Tron ecosystem.

LCX price rallies 300%+ after the launching DeFi Terminal 2.0

Increasing trading volume at Uniswap, a rising TVL and upgrades to its DeFi platform were followed by a new all-time high from LCX. The emergence of decentralized finance (DeFi) has reshaped the landscape of the cryptocurrency ecosystem, which was once dominated by centralized exchanges like Coinbase and Binance and helped to make it more accessible for users and projects seeking to gain access to the markets. As DeFi emerged as a cheaper, more accessible option for investors and projects, centralized exchanges saw their reserves of BTC and Ether dip and they began to compete for users as growing numbers of investors opted to give DeFi a try.

Crypto markets soar after Fed commits to printing and Evergrande plans to pay its debt

The crypto market staged a roaring comeback after Evergrande makes a deal to pay its debts and the Fed signals a continuation of its current monetary policy. The cryptocurrency ecosystem is showing signs of a recovery on Sept.

Mars4 Explodes on MISO Launchpad

Mars4 – centered ecosystem where you can explore a virtual Mars Metaverse, own and customize your land property with MARS4 dollars and even reap the rewards of the world’s first revenue-generating NFT! Attractive tokenomics of Mars4 leverages NFT Mars Land, Gamification and Token Redistribution.

10% of early-stage startups working on blockchain: GSER 2021

Blockchain-based startups continue to account for a significant proportion of newly established business entities across the globe. With venture capital funding seemingly prioritizing emerging technology, the blockchain industry experiences a significant influx of capital from corporate backers.According to the Global Startup Ecosystem Report 2021 published on Wednesday, blockchain-based businesses account for 10% of startups worldwide.The figure is part of a more significant trend that has seen emerging technology become a fast-growing sub-sector in terms of early-stage funding.

Why Bitcoin watchers need to pay attention to lost coins

The decentralized blockchain ecosystem comes with a catch: the risk of losing one's coins in diverse ways.

Sommelier partners with Mysten Labs to launch Cosmos smart contracts

Mysten Labs' engineers formerly created the blockchain network on Facebook's Diem and Novi crypto projects. Sommelier, a co-processing protocol to the Ethereum Virtual Machine, or EVM, has today announced a research and development partnership with Mysten Labs to increase liquidity transaction speeds and launch smart contract applications on the Cosmos blockchain.Founded in 2020 by Zaki Manian, a core developer on the Cosmos protocol, Sommelier is a test-net protocol designed to deliver enterprise-grade automated financial transactions such as limit orders, batched orders and portfolio rebalancing to decentralized finance, or DeFi, traders and liquidity providers, or LPs.The blockchain, which combines the Tendermint consensus layer, Cosmos Stargate SDK, and dual-way Ethereum bridge, will work with Mysten to implement Move smart contract programming to provide the entire ecosystem of Cosmos developers, as well as those on its Ethereum Gravity Bridge, with smart contract capabilities.

Mars4 explodes on MISO launchpad

Mars4 - centered ecosystem where you can explore a virtual Mars Metaverse, own and customize your land property with MARS4 dollars and even reap the rewards of the world's first revenue-generating NFTThe post Mars4 explodes on MISO launchpad appeared first on AMBCrypto.

Binance to cease these crypto-derivative offerings in Australia

Once upon a time, regulators around the world weren't confident about handling the crypto-ecosystem.

Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms

Layer-2-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s cross-chain bridge. In the increasingly competitive landscape of blockchain technology and cryptocurrencies, protocol innovation and the ability to solve the biggest problems facing the crypto community are necessary for any project that looks to have long-term success in the ecosystem. Recently, the emergence of layer-2 technology like Arbitrum, Optimism and a bridge to the Avalanche ecosystem is revolutionizing the way investors, builders and developers interact with various protocols because each facilitates fast, low-cost transactions that improve the fundamentals of the decentralized finance (DeFi) ecosystem while also making it easier for retail-sized investors to capitalize on opportunities.

Citibank Report: Crypto Is Redefining The Entire Payment Ecosystem

Citibank, the consumer division of the banking giant Citigroup, has issued a report offering guides to organizations looking to embrace cryptocurrencies.

El Salvador acts on Bitcoin price dip and buys 150 BTC

El Salvador didn’t miss the chance to buy the dip as the Bitcoin price fell back to $45,000 after a bullish week. Despite warnings from global agencies regarding its adoption of Bitcoin (BTC), El Salvador's government continues to seize market opportunities. As the Bitcoin price fell below $46,000 on Monday morning, Salvadoran President Nayib Bukele announced on Twitter that the country has “bought the dip.” With 150 new coins, the Central American government now holds 700 BTC, worth close to $32 million at the time of writing.In an obvious nod to the “not financial advice” disclaimers shown around the crypto ecosystem, Bukele shared his “presidential advice” by reminding that “They can never beat you if you buy the dips.”Presidential advice — Nayib Bukele (@nayibbukele) September 20, 2021 As reported by Cointelegraph, El Salvador bought another dip on the day BTC became legal tender in the country, when Bitcoin experienced a flash crash to below $43,000.El Salvador’s move toward adoption got the crypto universe excited, especially with the possible tax exemption for Bitcoin investors.

$4.5 Billion Allocated to Expand the Hedera Hashgraph Ecosystem

Hedera Hashgraph is hoping to strengthen the development of its ecosystem, launching a special fund worth over $4.5 billion, which is 20% of the total token supply.

NFT-based Fixed Lending Protocol Pledge Backed by Stanford Alumni Announces Successful Fundraise

PRESS RELEASE. Pledge Finance is launching a cross-chain decentralized finance ecosystem, purpose-built for the financial sector following a successful private round in which it raised more than $3 million.

Over 2,300 Cardano Smart Contracts Are Waiting in Timelock, ADA Price Slides 20% Over 2 Weeks

Following the successful Alonzo hard fork, the Cardano network now has a large swathe of new smart contracts.

Bitmart: Mainnet ecosystem projects continue to lead the market

When Bitcoin and Ethereum market present weak state and maintain wavering state, Mainnet ecosystem projects are exploding progressively on the market, such as Cosmos, Avalanche, and Near Protocol.

Avalanche (AVAX) just hit a new ATH, but what’s really behind the price surge?

AVAX price soared to a record high as heavy inflows enter the protocol through its cross-chain bridge and institutional investors pledge $230 million in funding for the rapidly expanding Avalanche ecosystem.

Avalanche Foundation raise $230M to support DeFi ecosystem

The smarts contract platform has made substantial progress within the DeFi space since its launch last year.

Hedera Hashgraph rallies 150% in a week as its ecosystem expands

New partnerships, NFT integration and a market-wide surge in altcoin prices back HBAR’s recent 150% rally.

Gate.io Launches OpenPunks, First-Ever Community-Driven NFT Collection

September 15, 2021 – Singapore, Singapore Global digital asset exchange Gate.io has announced OpenPunks, a community-driven NFT collection aimed to spark the creativity of its users, inspiring a deeply integrated community while promoting the NFT ecosystem.

ABEY ecosystem quadruples in the last month

ABEY is one of the fastest-growing blockchains in the world, having added 20,000 new addresses each week. ABEY developers say there are more than 120,000 active ABEY 2.0 addresses today, quadruplinThe post ABEY ecosystem quadruples in the last month appeared first on AMBCrypto.

Whole Bitcoin Ecosystem Flashing Signs of Bullishness, According to On-Chain Analyst Willy Woo

Top on-chain analyst Willy Woo says the entire ecosystem of Bitcoin buyers is telling him that the BTC market remains largely bullish.

KICK.IO’s Token Will Be Available on ExMarkets LaunchPad, 15th September

As the $ADA bull market continues to gather steam – with new price records set each month – many within the Cardano community are asking, what’s next? The limitless possibilities within the Cardano ecosystem offer many opportunities for both project creators and their investors.

EY Adopts Polygon Protocol & Framework on Ethereum Solution

Accountancy and consulting firm Ernst & Young (EY) announced Tuesday to provide blockchain solutions on the public Ethereum (ETH) blockchain ecosystem by utilizing Polygon protocol and framework. (Re

3 reasons why Elrond (EGLD) price is hitting new daily highs

An expanding ecosystem and the full launch of Elrond’s DeFi capabilities back EGLD’s rally above $300. DeFi-focused protocols are seeing a sustained upward move and the the momentum appaers to be picking up pace now that the NFT sector has cooled off over the past two weeks.  Since the beginning of August, Elrond (EGLD), a scalable and secure blockchain platform designed for distributed apps and enterprise-level businesses has been in a strong rally.

India’s Income Tax Department may soon target crypto trades and ecosystem

Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments. As the Income Tax Department of India reportedly considers taxing crypto traders and crypto exchanges soon, experts believe investors should rest assured.According to ET Now’s report, the tax department, which operates under India’s Ministry of Finance, has signaled interest to tax crypto earnings through trade and exchanges.

$300M incentive program backs 100% rally in Harmony (ONE) price

ONE price gained more than 100% after announcing plans to launch a $300 million ecosystem development fund. Protocol and community development initiatives have become the latest trend in the cryptocurrency market after a number of projects have launched multi-million dollar funds aimed at enticing builders and investors to make the cross-chain migration into the layer-2 ecosystem.The latest project to capitalize on this trend is Harmony (ONE), a blockchain protocol that boasts a 2-second transaction finality and offers cross-chain bridges to a handful of layer-one protocols, including Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT) and the Binance Smart Chain (BSC).

Novi-FT? Facebook’s NFT support may not drive crypto adoption

Facebook is exploring NFT-functionality in its Novi–Diem ecosystem, but how will the technological solution measure up to existing platforms? Nonfungible tokens (NFT) have enjoyed quick adoption across the entertainment, media and sports space as the biggest brands, companies and individuals look to gain first-mover advantage in creating their own digital collectibles.These have come in myriad forms, and much like blockchain technology was touted to be pliable to any industry’s needs and problems, the imagination is the only limit when it comes to NFTs that are being created and traded around the world.Social media has made people more connected than ever before, and these various platforms have played a role in the introduction and proliferation of NFTs among distinct audiences.However, industry-leading behemoths like Facebook and Twitter have not quite onboarded blockchain technology into the inner fabric of their underlying systems.

Panther Protocol Partners with the Decentralized VPN Ecosystem Sentinel

[PRESS RELEASE – Midtown, Gibraltar, 9th September 2021] Panther Protocol, a decentralize d privacy meta-protocol enabling confidential, trusted transactions, and interoperability with DeFi has now joined forces with Sentinel, a powerful protocol that enables the development of third-party and white-label decentralized Virtual Private Network (dVPN) services, interoperably with DeFi and Sentinel.

AAX Launches AAXSeeds Listing Project with 4,000,000 SAMO to Be Airdropped to Participants!

[PRESS RELEASE – 10 September 2021 | Singapore] Continuing their support of the Solana ecosystem, crypto exchange AAX has launched the AAXSeeds project.

Mastercard Attains CipherTrace to Boost Security and Fraud Detection in the Crypto Ecosystem

Payment giant Mastercard announced the acquisition of CipherTrace to offer businesses powerful intelligence about the crypto economy as digital assets continue becoming more intertwined with daily activities.

Payments Giant Mastercard Acquires Blockchain Intelligence Firm Ciphertrace

Mastercard, the American multinational financial services corporation, announced the company is dipping further into the digital asset ecosystem by acquiring the blockchain intelligence firm Ciphertrace.

Panther Protocol Partners With the Decentralized VPN Ecosystem Sentinel

September 9, 2021 – Midtown, Gibraltar Panther Protocol, a decentralized privacy meta-protocol enabling confidential, trusted transactions and interoperability with DeFi, has now joined forces with Sentinel, a powerful protocol that enables the development of third-party and white-label ‘decentralized virtual private network’ (dVPN) services, interoperably with DeFi and Sentinel.

Mastercard Purchases Crypto Intelligence Company CipherTrace to Boost Security

The payment processing giant intends to ensure a “trusted and safe” digital asset ecosystem.

El Salvador adoption a ‘coming of age’ for Bitcoin, says Fidelity exec

Fidelity's Jurrien Timmer believes that the significance of El Salvador’s Bitcoin move is “a little bit overplayed.” El Salvador’s adoption of Bitcoin (BTC) as legal tender is widely celebrated across the crypto ecosystem, but one expert believes the importance of the rollout was a little bit exaggerated.Speaking to CNBC, Fidelity Investments director Jurrien Timmer said that the significance of El Salvador’s Bitcoin move is “a little bit overplayed.”“Because it’s not like El Salvador has dropped the US dollar as its peg,” Timmer explained.

dYdX exchange releases governance token, making its airdrop worth up to $100K

The DYDX governance token becomes the latest airdrop to surpass $100,000 for the most active users, and the DEX's transaction volumes highlight the rising popularity of layer-2 platforms. Airdrops have been a fan-favorite in the cryptocurrency ecosystem for years because they offer projects a way to reward early adopters and increase token distribution.

Stablecoins: crypto house of cards?

In our latest video report, Cointelegraph addresses the systemic risk posed by stablecoins. In Cointelegraph's latest video report, we discussed the systemic risks posed by stablecoins to the stability of both crypto and traditional markets. Stablecoins have become the backbone of the crypto ecosystem, as they play a crucial role in the functioning of crypto trading and decentralized finance.

Revive Project to Revolutionize Crypto Investments and NFTs With Unique Ecosystem

PRESS RELEASE. The Revive Project’s Unique ecosystem offers the crypto community a chance to be a part of and benefit from its unique investment platform and NFT marketplace.

Revive Project’s Pulse Token Public Sale is On Until September 30th

[PRESS RELEASE – Please Read Disclaimer] September 8th, 2021, Zug, Switzerland — The Revive Project is a revolutionary platform, and unique ecosystem that will allow the blockchain community to come together to invest in crypto and develop exciting NFT projects.

SolRazr Raises $1.5M to Build Decentralized Developer Ecosystem for Solana Blockchain

[PR – Singapore, Singapore, 8h September, 2021] Solana based venture platform SolRazr has unveiled the first decentralized developer ecosystem for the Solana blockchain, comprising Launchpad, Accelerator, and Developer Tools.

Cardano: IOG officially confirms Alonzo upgrade date for mainnet

Following clouds of FUD, noise, and speculations against Cardano and its ecosystem over the past few weeks, smart contracts may soon take flight.

Hoskinson says FUD-storm 'nothing new' for Cardano

Two things don't change in the Cardano ecosystem.

SolRazr Raises $1.5 Million To Build First Decentralized Developer Ecosystem for Solana Blockchain

September 7, 2021 – Singapore, Singapore Solana based venture platform SolRazr has unveiled the first decentralized developer ecosystem for the Solana blockchain, comprising launchpad, accelerator, and developer tools.

Safety DeFi: A multi-network ecosystem

Safety is proud to be a pioneer in developing and creating a multi-network ecosystem.

ZKSwap offers Single Token Staking at Sofaswap

ZKSwap announces its partnership with SofaSwap as part of its expansion plans in the DeFi ecosystem.

Crypto exchange FTX launches NFT marketplace for US-based customers

Crypto exchange FTX has introduced a native NFT marketplace designed to capitalize on the sector’s parabolic growth over the last year. After witnessing the parabolic growth of the nonfungible token (NFT) ecosystem since the turn of the year, popular cryptocurrency exchange FTX has become the latest crypto platform to announce the launch of a native NFT marketplace.Exclusive for United States-based customers, the platform will enable users to mint, buy and sell NFTs — all traded cross-chain across the Ethereum and Solana blockchains.

eFIN All Set to Launch Its eFIN Bridge on Sep 6, 2021

Like a phoenix rising from the ashes, eFIN is back stronger than ever with new services and products that add value to a next-gen, decentralized ecosystem.

These are the reasons behind Solana, Polkadot achieving 'escape velocity'

There is no doubt that Ethereum was the premier in bringing smart contracts and DeFi to the cryptocurrency ecosystem, firmly establishing its rank as the most used blockchain in the world.

NFT projects and high yield opportunities back Zilliqa’s strong rebound

A rapidly expanding ecosystem, lucrative staking opportunities and support for NFTs back the strong rebound in ZIL price. One of the most important factors in the long-term success of a blockchain platform is having an active community of supporters and developers that work to showcase the capabilities of the network by creating new products and interacting with projects on the protocol. Zilliqa (ZIL) is one project that saw its price surge throughout August as developers built out its ecosystem and made improvements to the protocol.

DeFi literacy: Universities embrace decentralized finance education

A small number of universities are beginning to offer DeFi courses to help students and the general public better understand the technology. Decentralized finance, or DeFi, has become one of the fastest-growing sectors within the cryptocurrency ecosystem.

​​Cream Finance will integrate with Polkadot blockchain using Moonbeam

Kusama and Polkadot users will be able to use Cream’s services to deposit digital assets as collateral or lend them out. Decentralized finance project ​​Cream Finance will bring its lending and borrowing services to Moonbeam, a smart contract platform on Polkadot. In a Thursday announcement, the Moonbeam network said Cream Finance would be integrating with its ecosystem starting with its parachain on Kusama, Moonriver, and then on Polkadot.

Crypto exchange OKEx launches DeFi hub and NFT marketplace

OKEx is expanding its decentralized finance footprint with a DeFi Hub and a marketplace for creating and selling NFTs. Global crypto exchange OKEx is ramping up its decentralized finance (DeFi) efforts with the introduction of the DeFi Hub, a decentralized digital asset ecosystem that includes a marketplace for nonfungible tokens (NFTs). According to a Sep.

Why The Terra Ecosystem Delayed A Major Mainnet Upgrade For Late September

After a 130% rally over the past month, Terra (LUNA) is one of the best-performing assets in the crypto market.

Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH

FTT price soared to a new all-time high after FTX exchange added LedgerX to its ever-expanding list of acquisitions and partnerships. Real-world adoption and brand awareness are one of the best ways for a blockchain project to increase its value and attract new users to users to its ecosystem. One project that has seen massive growth throughout 2021 thanks to its increasing public exposure and exciting protocol launches and partnerships is FTX, a crypto-derivatives trading platform founded by Sam Bankman-Fried and Gary Wang.

Orion Protocol Establishes the First and Only Decentralized Gateway to the Entire Crypto Market

The cryptocurrency ecosystem has grown significantly over the last few years.

Become a part of the NFT ecosystem with Calypso

Non-Fungible Tokens (NFTs) have seen a boom in recent times, from being a niche market to finding wider appeal among people in the crypto space.

Dvision Hosts Metaverse Conference for BSC’s Anniversary

PRESS RELEASE. The Dvision Network team is hosting an augmented reality metaverse conference to commemorate the first anniversary of the Binance Smart Chain (BSC) ecosystem next month.

Bitcoin and Ethereum, perhaps, but can whales manipulate NFTs

The digital asset ecosystem is widely regarded as the next generational form of wealth.

RocketDoge: Transforming a meme token into a decentralized ecosystem

RocketDoge promises to be a coin that brings a lot of value in the future.

Wanchain Taps Moonbeam to Enhance Polkadot’s Kusama DeFi Ecosystem

Wanchain has announced an integration with Polkadot-based Moonbeam to boost the DeFi ecosystem on Kusama.

Tennis star Naomi Osaka shows interest in Dogecoin, launches NFT

Osaka has been in talks with her agent about cryptocurrencies after reading about Dogecoin on Twitter. Naomi Osaka, a top tennis player from Japan, has been open about diversifying her investments in cryptocurrency after noticing the hype around Dogecoin (DOGE), which was primarily led by Elon Musk.In a recent Bloomberg interview, Osaka revealed that she has been in talks with her agent about cryptocurrencies after reading about Dogecoin and its possibility to “pop up.”The tennis legend attributed Twitter’s crypto ecosystem to be the primary source of her interest in Dogecoin investments, way before she spoke to her agent about it.

Why investing in these DeFi tokens, in addition to Ethereum, Solana, make sense

The DeFi ecosystem has been garnering a lot of attention of late.

Leading DeFi projects launch $100M global adoption initative

The initiative — built on the Celo ecosystem — identified the lack of inclusivity and accessibility in the traditional financial markets. A consortium of leading decentralized finance (DeFi) protocols today announced a collaborative $100 million financial inclusion venture titled “DeFi for the People.”The DeFi applications involved in the project — AAVE, SushiSwap, Curve, 0x and PoolTogether, amongst others — will together provide up to $100 million in educational initiatives, grants, and incentives in an effort to educate individuals globally about decentralized finance.

XinFin (XDC) hits a new ATH after fresh partnerships and exchange listings

XDC price soared to a new all-time high shortly after a round of new partnerships, protocol integrations and exchange listings. Enterprise adoption of blockchain technology is an important long-term goal of the cryptocurrency community because the integration of digital currencies with daily business activities will bring new users into the ecosystem and provide a boost to on-chain activity.One protocol that has been gaining traction on the enterprise adoption front is XinFin Network (XDC), an enterprise-ready hybrid blockchain solution specifically designed to optimize international trade and finance.

IPFS Harbor: “We Are Aiming to Become the World Leading Storage Ecosystem Service Provider”

New technologies will change not only the way we communicate or process payments but also our cities, transportation system and many other spheres.

Cosmos (ATOM) rallies after launching a cross-chain bridge and wrapped Bitcoin

ATOM price booked triple-digit gains after the network built out its DeFi ecosystem and works on cross-chain bridges for ETH and BTC. Momentum for the top layer-one protocols has been on the rise throughout August as the highly anticipated rollout of the London hard fork on the Ethereum (ETH) network has done little to address the network's high transaction fees and delayed confirmations. One of the biggest beneficiaries of the quest to find a more welcoming smart contract environment has been Cosmos (ATOM), a project focused on interoperability that has set out to become the “internet of blockchains” thanks to its Inter-Blockchain Communication (IBC) protocol.Data from Cointelegraph Markets Pro and TradingView shows that the price of ATOM rallied 180% from a low of $8.87 on July 20 to a high of $24.77 on Aug.

Bitcoinmarket Global: Helping users choose the right exchangers

The crypto ecosystem has a ton of exchanges and exchangers that can confuse novice and beginner traders.

Composable Finance Seeks Crowdloan to Build DeFi’s Interoperable Future

Composable Finance, an innovative blockchain protocol, is running ahead of schedule in its development of an interoperable ecosystem for decentralized finance (DeFi), which can be broadly defined as the use of blockchain to power financial tools.

Why this British billionaire's family office wants more Bitcoin, crypto-investments

The growth of institutional investments in the mainstream cryptocurrency ecosystem, as well as in DeFi, has been phenomenal over the past year.

Bitcoin ATM Operators Joins Forces to Float New Compliance Cooperative

A group of crypto industry Bitcoin ATM operators and firms have floated the Cryptocurrency Compliance Cooperative to bolster regulatory compliance.

Analysts say Bitcoin price pullback and profit-taking at $50K ‘was expected’

Traders say a correction to lower support levels and standard profit-taking was expected after Bitcoin’s swift ascension to $50,000. The euphoria seen across the cryptocurrency ecosystem over the past couple of weeks was tampered down on Aug.

How much is too much if Cardano's price action does step down

"It has to stop somewhere right?" This is the question most of the crypto-ecosystem has been asking since Cardano breached $2.

Budweiser Purchases Rocket NFT — ‘King of Beers’ Buys Beer.eth ENS Name for $96K

A variety of well-known brand names have joined the cryptocurrency space and the budding non-fungible token (NFT) ecosystem.

Orbs Offers Ecosystem Grants to Nurture Developing Blockchain Teams

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Tel Aviv, Israel, 26th August, 2021, Orbs is pleased to announce the second round of the Orbs Ecosystem Grant Program.

Billionaire Simon Nixon’s venture capital to increase crypto allocation

A new report suggests that 4% of the total Bitcoin supply — 816,379 BTC — is owned by 14 Bitcoin fund issuers and asset managers. English billionaire and Moneysupermarket.com founder Simon Nixon has plans to increase his crypto investments through his London-based venture capital firm.According to a Bloomberg report on Thursday, Adam Proctor, managing director for Nixon’s investment firm Seek Ventures, said that the company intends to increase the “allocation to crypto as we feel it is an important area for the future.”Furthermore, Proctor said that Seek Ventures is currently on the lookout for an analyst who can lead this crypto-focused effort.Digital currencies are drawing the interest of family offices, according to Goldman Sachs, which stated that half of the family offices it does business with are interested in adding crypto to their portfolios.The Bitcoin (BTC) ecosystem has seen the steady involvement of billionaires, including Carl Icahn, who recently said he may invest up to $1.5 billion into crypto, stating, “Bitcoin to me is just a store of value.”Moreover, the recent temporary downfall of Bitcoin’s price to below $30,000 was seen as an investment opportunity for Alameda Research, a Hong Kong-based firm led by FTX CEO Sam Bankman-Fried.Related: Asset managers and companies accumulate 1.2M Bitcoin worth $57 billionA new report suggests that 4% of the total Bitcoin supply — 816,379 BTC — is owned by 14 Bitcoin fund issuers and asset managers, currently representing $40.1 billion.

Huobi Wallet launches one-click function for claiming staking rewards

Huobi Wallet, the professional, multi-chain light wallet of the Huobi ecosystem, announced the launch of HClaimer, a new feature that will enable users to collect their staking rewards from DeFi projeThe post Huobi Wallet launches one-click function for claiming staking rewards appeared first on AMBCrypto.

Fox Corporation backs Eluvio's $100M raise as part of its content plan for NFTs

Fox Corporation is diving deeper into the NFT ecosystem with its latest partnership.

New Cardano sidechain project might spur entry into the DeFi space

Cardano is trying to revolutionize its blockchain into an interoperable one and compete with Ethereum's decentralized finance [DeFi] ecosystem.

Kraken, Synthetix etc. donate $1.5M to fund Ethereum 2.0

Ethereum and its ecosystem have been seeing groundbreaking developments and innovations of late.

NFT Social Platform DeFine Integrates With TRON, Introducing Its Social Profile System Into TRON’s Ecosystem

On August 24, 2021, TRON announced on Twitter that the NFT social platform DeFine has given support to TRC721, marking its integration with the TRON ecosystem.

NFT Platform DeFine Integrates with TRON, Introducing Its Social Profile System into TRON

[Press Release – Singapore] On August 24, TRON announced on Twitter that the NFTsocial platform DeFine has given support to TRC721, marking its integration with the TRON ecosystem.

EverRise Releases the Kraken

Crypto volatility is a much-feared aspect of the crypto ecosystem, majorly responsible for slow crypto adoption.

Solana Continues Bullish Trend, Becomes The 10th Largest Cryptocurrency

Solana, with its fast-growing ecosystem, has found a position at the forefront within the crypto space.

Native Crypto Exchange Tokens in July: KuCoin Ahead of The Competition

Cryptocurrency exchanges are fundamental infrastructure elements that play an important role in the cryptocurrency market ecosystem.

The Newest Generation Of DEX Has Arrived

The text below is an advertorial article that was not written by Cryptonews.com journalists. The ABEY foundation has added XSWAP, a fully-decentralized cryptocurrency exchange, to the ABEYCHAIN 2.0 ecosystem.

DAO VC Conducts a Lottery for Participants in the Closed AMA

 [PRESS RELEASE – Please Read Disclaimer] On Thursday, August 26th, 2021, the decentralized autonomous venture ecosystem DAO.VC will hold a private AMA session, during which it will raffle prizes for $5,000.

Xfinite’s Mzaalo dApp Launches Blockchain-Based Rewards Ecosystem

[PRESS RELEASE – Please Read Disclaimer] Mumbai, India, August 23rd, 2021.

DAO.VC Conducts a Lottery For Participants in The Closed AMA

Disclaimer: The text below is a press release that was not written by Cryptonews.com. On Thursday, August 26th, 2021, the decentralized autonomous venture ecosystem DAO.VC will hold a private AMA session, during which it will raffle prizes for 5,000 USD.

Three Ways to Benefit from Polkadot’s Expanding Ecosystem

Sharded blockchain Polkadot recently set tongues wagging after confirming the next batch of parachain auctions on its experimental network Kusama.

Bitcoin Supply Held by Long-Term Holders Hit ATH as BTC Exchange Outflows Dominated

Long-term holders have emerged to be significant players in the Bitcoin ecosystem as their accumulation continues to scale the heights.

Altcoin Roundup: Here’s a few things to consider when buying NFTs

The dawn of the Metaverse is upon us, and NFTs are forming the foundation of a new economy where users easily store assets and transfer value. The nonfungible token (NFT) sector of the cryptocurrency ecosystem has made waves that splashed across the headlines of even mainstream news outlets in 2021.

3 reasons why Avalanche (AVAX) price is up 200% this month

A rapidly expanding DeFi ecosystem and a new low-cost bridge to the Ethereum network are just a few reasons why AVAX price is up 200% in August. Layer-one blockchain networks like Bitcoin (BTC) and Ethereum (ETH) form the foundation of the cryptocurrency ecosystem and enable smart contract functionality that has allowed the creation of new industries like decentralized finance (DeFi) and nonfungible tokens (NFT).Avalanche (AVAX) is a relatively new layer-one solution that has recently seen a significant increase in price and adoption as the dominant smart-contract platform (Ethereum) continues to struggle with high transaction costs and slower processing times than its competitors.

Polygon Network Contemplating the Idea of Creating DAOs

Polygon is looking to build a DAO to harmonize its growing ecosystem.

Polygon will create a decentralized autonomous organization

"As the Polygon ecosystem grows, the committee members have a front-seat opportunity over others to increase cross-collaboration for their products,” said the platform. Ethereum scalability infrastructure developer Polygon said it will form a decentralized autonomous organization, or DAO, for all of its community members as well as projects in decentralized finance. In a Thursday announcement, Polygon called on its members to express their views on the platform forming a DAO.

Utopia P2P Introduces Anonymous USD Stablecoin Backed by DAI

The text below is an advertorial article that was not written by Cryptonews.com journalists. Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant communication and finance, this month launches Utopia USD stablecoin; UUSD. The UUSD stablecoin is built

AAX Exchange Introduces Crypto Saving Rates: Up to 20% APY

[PRESS RELEASE – Please Read Disclaimer] Asia-based cryptocurrency exchange, AAX is launching its crypto savings platform offering the highest APY to savers across the centralized crypto exchange ecosystem.

Utopia P2P introduces anonymous USD stablecoin backed by DAI

Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant The post Utopia P2P introduces anonymous USD stablecoin backed by DAI appeared first on AMBCrypto.

A Practitioner in the Blockchain World: ViaBTC Continues to Lay out the Entire Ecosystem

The blockchain industry has never been short of topical issues.

Digital payment ecosystem MobileCoin raises $66M

Venture capital continues to back promising blockchain and crypto plays.