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Blockchain
Ethereum Rival Avalanche (AVAX) Unveils $290,000,000 Program To Turbocharge Growth in Red Hot Crypto…
Avalanche Foundation, the non-profit fund for the smart contract platform Avalanche (AVAX), just launched a $290 million incentive program to support the development of popular sectors in the crypto space.
The Avalanche Multiverse program…
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Santander Launches Loans Backed by Tokenized Wheat and Corn
As announced on Monday, the Spanish banking multinational Santander Argentina partnered with Agrotoken to provide a token-backed lending service.
Agrotoken is an Argentina-based agricultural commodities tokenization platform. It is also the…
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Griffin Gaming Partners Raises $750 Million To Support Blockchain Gaming
Griffin Gaming Partners – one of the world’s largest gaming-focused venture funds – has raised $750 million to be focused on the industry, partially including the web 3 / blockchain-based gaming segment.
Founding partner Nick Tuosto told…
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NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in…
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Diagnoal Scores $2.5M Funding Led by Coinbase Ventures, Messari’s Ryan Selkis
Non-custodial protocol, Diagonal Finance has announced a $2.5 million pre-seed round. The main objective of the platform is to make the subscription process seamless for companies focused on Web 3.
Capital Infusion
According to the official…
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JPMorgan Doubles Down on Crypto by Investing in Blockchain Firm TRM Labs
Wall Street multinational giant JPMorgan Chase became one of the financial backers of TRM Labs. The latter provides blockchain intelligence services to monetary institutions and crypto-focused businesses.
Another Crypto Initiative
One of…
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Alex Lemberg CEO of Nimbus Explains the Significance of the Binance Investment in Forbes and More
E-Crypto News' update provides the latest articles on technology and cryptocurrencies.
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Continue reading Alex Lemberg CEO of Nimbus Explains the Significance of the Binance Investment in Forbes and More at E-Crypto News.
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Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion
Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so a fraction of gas is destroyed during…
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Team Behind Meta’s Diem Announces New Blockchain Project Called Aptos
The brains behind Meta’s former Diem project have unveiled plans to launch the blockchain network as a separate protocol with support for other web3 solutions. Also, the announcement includes a name change to Aptos.
Former Diem Developers…
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Weekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days
Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out of 12 different NFT-supporting blockchains, Solana was the only…
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