Over the past week, the Terra blockchain system had swayed away from the entire crypto market. Industry activists are emerging to provide extensive assistance to the community.  On Sunday, May 15, Ryan Wyatt, CEO of Polygon Studios, put forth his thought via Twitter that he will help various Terra projects migrate toward the Polygon blockchain network. He claimed that everyone […]

El-Salvador being the first country to Bitcoin adoption has now conducted a meeting to discuss financial inclusion and benefits of Bitcoin adoption in the countries. The Bitcoin adoption has followed a sequence one after the other, as the first country El-Salvador adopted Bitcoin to its family as legal tender after 12 years of Bitcoin’s introduction. The second country ‘The central […]

Crypto investment giant Grayscale is expanding operations by launching a new crypto-linked exchange-traded fund (ETF) in Europe. Grayscale officially announced its first European ETF, called Grayscale Future of Finance UCITS ETF, on May 16. The new investment product is getting listings on major European stock exchanges, including the London Stock Exchange, Borsa Italiana as well as Deutsche Börse’s electronic trading […]

In the last few years, the popularity of cryptocurrencies has skyrocketed. It all started with Bitcoin (BTC), but there are now over 18,000 different cryptocurrencies, at the time of writing. Early adopters of the nascent industry have benefited from this level of growth in such a short time. The rise of cryptos has also attracted a slew of new investors, […]

Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, is doing his best to quell concerns over a crypto market recession, saying that large corrections are routine for the industry.  In a video released on his YouTube channel on May 11, Hoskinson told viewers that long-time crypto […]

Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFT) into more game products as part of its medium-term business strategy in 2022. Square Enix (SE) is a Japanese game developer with $3 billion in assets under management according to its latest earnings report. The firm owns the Final Fantasy property and […]

Banking giants Goldman Sachs and Britain’s Barclays have joined a $70 million Series A funding round for the institutional crypto trading platform Elwood Technologies, founded by billionaire British hedge fund manager Alan Howard. Joining the round was crypto-friendly German bank Commerzbank, crypto investment manager Galaxy Digital, and Dawn Capital as reported by the Financial Times on May 15. The fundraising […]

As the dust settles from the Terra ecosystem crash, and the community decides what the next steps should be, the CEO of a validator runner in South Korea thinks the old Terra chain should be shut down permanently. Jiyun Kim, CEO of blockchain solutions company DSRV, wrote an opinion post on his own behalf, detailing how the Terra team tip-toed […]

Cryptocurrencies are sweeping the financial world, and the blockchain industry is exploding. As a result, cryptocurrency fans have a plethora of choices. However, they have all focused their efforts on one thing at the moment: decentralized finance, or DeFi. People are looking for new ways to examine their financial options, which has led to the emergence of DeFi. As a […]