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Tag: massive growth

NFTs See Massive Growth Despite Crypto Market Downturn

Non-fungible tokens (NFTs) are seeing a wave of growth while the overall crypto markets continue a rather devastating, multi-month downtrend. At the time of writing, Bitcoin is down over 51% down from its all-time high while Ethereum trades 55% down. All other majors are down 25-50% in the last seven days, according to data from […]

The post NFTs See Massive Growth Despite Crypto Market Downturn appeared first on Coin Bureau.

Crypto trading is a ‘clear growth area,’ says Jane Street Group

Jane Street actively trades global equities, exchange-traded funds (ETFs), bonds, and options. Global market…

The post Crypto trading is a ‘clear growth area,’ says Jane Street Group appeared first on Coin Journal.

Crypto Aside, DAOs, DeFi, NFTs, And CBDCs Could Dominate The Stage In 2022

"The Metaverse Promises To Be Much More Interoperable" - Mark Zuckerberg On NFTs, DeFi, And Crypto
It is undeniable that 2021 was the grand year of crypto with most cryptocurrencies recording massive growth thanks to increased demand from both retail and institutional investors. However, some of this success seemed to have hit a wall towards the end of 2021 and part of 2022 with most cryptocurrencies showing signs of capitulation thanks to […]

Citizens of Georgia Made to Take An Holy Oath Not to Mine Crypto

Citizens of Georgia Made to Take An Holy Oath Not to Mine Crypto

Free energy is available in certain regions of Georgia’s Svaneti mountains. This year’s consumption was 237% more than in previous

The post has appeared first on thenewscrypto.com

Phemex to List Smooth Love Potion (SLP) As Their Latest Metaverse Endeavor

Crypto trading and investment platform Phemex is making strides to deliver on its mission to build and support the metaverse. The full-service crypto exchange was launched in 2019 and has already built out a bevy of tools. In a short amount of time, Phemex is already approaching 100 total spot and contract pair offerings. Now, the platform continues to show its support of the metaverse by listing the Axie Infinity-based token SLP. In addition, Phemex is hosting a special Metaverse edition of their popular Grab a Coin Campaign where users can join to win SLP. The platform’s latest “Choose Your Reality” campaign kicked off its focus on metaverse-related projects. Now Phemex expands upon that initiative by listing the Axie Infinity-powered token, Smooth Love Potion (SLP). The move comes after Phemex already introduced support for two other metaverse-based tokens in recent months: native Axie Infinity platform token AXS, and Decentraland’s MANA token. The exchange has also introduced their own virtual reality GameFi product and hosts a deep-dive brief on everything you need to know about Axie Infinity on the Phemex Academy. The announcement to support SLP shows Phemex’s prolonged interest in metaverse-based products and platforms. SLP is an ERC-20 token that is earned by playing Axie Infinity and winning battles against other players. It can be used to breed new Axies. Additionally, SLP can act as incentives for Axie Infinity players who reach certain levels, and SLP can also be used to buy and sell items outside of Axie Infinity. While SLP had to be previously earned through in-game battles, increased accessibility of SLP courtesy of Phemex will allow the Axie environment to grow and develop even further. Axie Infinity has served as the ‘face’ of play-to-earn thus far, as the landscape continues to grow and expand. 2021 proved to be a massive growth year for Axie Infinity and many other play-to-earn and metaverse products. This bodes well for the longevity and innovation in our constantly-growing digital worlds. Through its SLP listing, Phemex shows clear belief in the emergence of the metaverse, as well as other relevant initiatives like GameFi, play-to-earn, and NFTs.    

Most Defi Hacks in 2021 Had to Do With Centralization Issues, According to Certik

certikCertik, a blockchain security and auditing firm, has reported that the most common attack vector for hacks in decentralized finance (defi) protocols had to do with centralization in 2021. This data is present in Certik’s latest report, where the company also examines the growth of defi in 2021, and how other chains such as Avalanche […]

Solana could become the ‘Visa of crypto’, says Bank of America

Solana will curve off Ethereum’s market share to see Visa-like transactions, says BofA strategist…

The post Solana could become the ‘Visa of crypto’, says Bank of America appeared first on Coin Journal.

JPMorgan clients Bitcoin could end 2022 at or above $60,000.

Ethereum is more valuable than Bitcoin, according to Kenneth Worthington, a financial analyst at JPMorgan. The US bank’s clients are of the opinion that Bitcoin could end 2022 at or above $60,000 based on a recent report. In a recent report, JP Morgan had asked clients where they see Bitcoin trading at the end of […]

Play-To-Earn and NFTs: The Future of Gaming? What you NEED to Know!

As a gamer myself, I spend a lot of time (too much probably) imagining what the future of gaming will look like. I do have to admit that I have been very disappointed in the slower than expected advancement of gaming technology over the past 20 or so years. I remember playing Super Mario 64 […]

The post Play-To-Earn and NFTs: The Future of Gaming? What you NEED to Know! appeared first on Coin Bureau.

Role of Rising NFT & DeFi Hacks in the Evolution of Cryptocurrency Industry

Decentralized finance, popular as DeFi, has massively revolutionized traditional finance by creating a decentralized space for users to interact with various financial elements while maintaining control over their finances and privacy. Built on the foundations of decentralization and immutability, DeFi has now pulled in millions of users. This has caused the market to experience a […]

The post Role of Rising NFT & DeFi Hacks in the Evolution of Cryptocurrency Industry appeared first on Quillhash Blog.

ADA Finance Wins “Best DeFi Project of the Year” at AIBC Summit, Roger Ver Joins as Investor

ADA-Finance-2

Press Release: ADA Finance has become the first-ever Cardano-based project to win the “Best Defi project of the year”, at AIBC Summit 2021, as investor Roger Ver joins a growing list of big-name influencers.    17th November 2021, Mahe, Victoria, Seychelles — Cardano, and Avalanche-powered DeFi ecosystem ADA Finance has been announced as the winner […]

The post ADA Finance Wins “Best DeFi Project of the Year” at AIBC Summit, Roger Ver Joins as Investor appeared first on Bitcoin PR Buzz.

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