According to some estimates, coronavirus-related strains may soon force upwards of one in every eight physical museums to permanently close — but despite the struggles, one Metaverse-native museum is raising funds to transition to a community-governed model.  The Museum of Crypto Art announced today the launch of the MOCA token, a Polygon-based governance and utility asset. The token will be […]

Pandora Finance has successfully closed their $2.4m seed round. Pledges were from some of the most visible investors within the crypto space, such as Genesis Block, Spark Digital Assets, AU21, A195, Protocol Ventures, Magnus Capital, Chain Asset Capital, and Master Ventures and accredited individual investors like Danish Chaudhari. Pandora Protocol is a hybrid Open Finance solution for problems faced by […]

After a week of steep volatility, altcoin prices appear to be stabilizing. Indeed, the seven-day charts of the largest altcoins by market cap are still seeing red. Chainlink (LINK) is down roughly 12 percent, Uniswap (UNI) is down by 8 percent; Polygon (MATIC) is down 5 percent. Binance Coin (BNB) and DogeCoin (DOGE) are down just over 10 percent. Bitcoin […]

South Korea is taking a step towards developing its central bank digital currency (CBDC) as it seeks a technology partner for the venture in its latest move. The country’s central bank intends to launch a digital won pilot in August 2021. Despite being a global tech leader, South Korea has moved cautiously on the CBDC front. However, in March, one […]

Ethereum extended its upward move above the $2,750 resistance zone against the US Dollar. ETH price is showing positive signs and it could rise towards $3,000 or even higher. Ethereum extended its recovery wave above the $2,650 and $2,750 levels. The price is now trading above the $2,700 support and the 100 hourly simple moving average. There was a break […]

Nonfungible tokens could become a bridge to connect the legacy financial system to the emerging fintech world in the near future. During a recent interview, Adrian Lai, CEO of Liquefy — an investment firm and an incubator for decentralized finance platforms — told Cointelegraph China that synthetic assets, NFTs and digital securities are redefining the way capital markets operate.  Lai especially […]

The U.S. Federal Reserve is digging deeper into the feasibility of a central bank digital currency (CBDC). In its latest statement, the Fed has confirmed that it’s publishing a discussion paper in the summer exploring the implications of the CBDC on the payments landscape. The announcement comes at a time when China has continued advancing its digital yuan which, according […]

Bitcoin price is attempting an upside break above $40,000 against the US Dollar. BTC must surpass $40,000 and $42,000 to start a strong upward move. Bitcoin Price Analysis Bitcoin price formed a base above the $31,000 and $31,500 levels. As a result, there was a steady recovery initiated above the $35,000 resistance zone. The price climbed above the $36,500 resistance […]