Comadran Studios Obtains a $50M Investment From Gem Digital Limited (“Gem”) And Releases the Play to Earn Game Medabots With the Medamon Token

Paris – New York – Bahamas // GEM Digital Limited is a digital asset investment firm that sources, structures, and invests in utility tokens listed on over 30 CEXs and DEXs globally. This substantial capital commitment will allow Comadran Studios to fulfill its upcoming projects. Comadran Studios is a pioneer in searching for the best entertainment paths, which made them […]

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Is There Such a Thing as a Bullish Rate Hike?

By Ben Small, Analyst at the publicly listed digital asset broker GlobalBlock  The crypto market has started the second half of this week on the front foot on the back of the latest interest rate decision in the US. Despite starting the week under plenty of pressure in the build-up to the decision, a sea of green is showing across digital assets since. […]

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GameFi industry to see $2.8 billion valuation in six years

A recent report from Absolute Reports projects massive growth for the GameFi industry within the next six years.  The research has the play-to-earn nonfungible token (NFT) game industry with an estimated value of $2.8 billion within the time span from 2022–2028. Moreover, the compound annual growth rate of the industry is 20.4% in the same six-year period. This forecast comes […]

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Crypto mining still profitable in the long-term, expert says

From the great migration to the bear market, crypto miners went through many challenges throughout the year including a shift in profitability. However, according to Steve Bassi, an expert in Bitcoin (BTC) and Ether (ETH) mining, crypto mining may still be profitable if we look at its long-term prospects.  As the costs of application-specific integrated circuit (ASIC) miners hover around […]

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Billionaire Mark Cuban Expects SEC to Impose 'Nightmare' Crypto Registration Rules – Regulation Bitcoin News

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has warned that the U.S. Securities and Exchange Commission (SEC) will come up with rules for token registration that will be “the nightmare that’s waiting for the crypto industry.” Mark Cuban Foresees SEC Coming Up With ‘Nightmare’ Crypto Regulation Billionaire Mark Cuban, the Shark Tank star […]

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Experts yet to explain massive spike in ETH active addresses

On-chain metrics firm Santiment says it is still investigating the cause of a sudden surge of ETH active addresses, which have eclipsed the previous ATH by a whopping 48% On July 27, the analytics firm tweeted that the number of daily active addresses on Ethereum had suddenly spiked to 1.06 million, shattering the previous high of 718,000 set back in […]

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EOS Price Analysis: Bulls Eye More Upsides

EOS price is rising above $1.15 against the US Dollar, similar to bitcoin. The price could gain bullish momentum if it clears the $1.28 and $1.30 resistance levels. EOS Price Analysis This week, EOS price started a fresh increase from the $1.05 zone against the US Dollar. The price gained pace and was able to clear the $1.10 resistance zone. […]

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Tether Denies Chinese Commerical Paper Holdings, Plans To Eliminate Short-term Debts By Q4 2022

Summary: USDT stablecoin issuer Tether cleared the air on its short-term debts, again. The digital asset company debunked rumors that claimed Tether holds a massive amount of Chinese commercial paper. The statement released today also addressed the threat of such misinformation to the broader crypto industry. CTO Paolo Ardoino stated that the firm’s commercial paper holdings have indeed dropped to […]

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