Sparkasse’s secret project was confirmed–the network of 370 savings banks across Germany is planning to give 50 million people exposure to crypto. The country’s leading banking group is working on enabling customers access to crypto–directly from their current banking account, Finanz Szene reported. Sparkasse’s crypto wallet project revealed According to the report, Spakasse’s crypto wallet…
The Swiss division of the Spanish banking giant, Banco Bilbao Vizcaya Argentaria (BBVA), recently expanded its crypto offering, announcing the addition of Ethereum to the bank’s investment portfolio. BBVA Switzerland made its Bitcoin trading and custody service available to all its private banking clients back in June. Hola, Ethereum By expanding its initial crypto offer,…
James Wo founded Digital Finance Group (DFG) in 2015. The firm is self-funded by James and currently it has assets under management of over $1 billion. DFG focused on blockchain equity and token investment– with a portfolio that ranges from Layer 1, Layer 2, Web3, CeFi, DeFi, NFTs, and beyond. DFG is among the first…
BlackPool, the first decentralised autonomous organisation (DAO) built exclusively for NFT gaming and trading, recently announced securing $6 million in funding led by DIGITAL. DIGITAL was joined by Bitkraft, Delphi Digital, Play Ventures, Backed and Cherry Ventures, while existing contributor Fabric Ventures doubled down on their commitment to the DAO. Taking on the NFT gaming…
As the market capitalization of Terra’s algorithmic stablecoin that tracks the value of the US dollar topped $8.5 billion–investors speculate what is driving the adoption and how exactly did UST manage to leave the competition lagging so far behind? While fueling the DeFi market, the decentralized stablecoin sector continues to rapidly grow. By leveraging unparalleled…
Blockchain platform Syscoin (SYS) announced the launch of its Network-Enhanced Virtual Machine (NEVM) upgrade that brings Ethereum Virtual Machine (EVM) smart contracts to the network’s ecosystem. According to the announcement, the pivotal upgrade will combine the best of Bitcoin (BTC) and Ethereum (ETH) in one platform, while enabling smart contracts to scale up for global…
With over 13,000 NFTs in its portfolio, the WHALE Vault was valued at over $100 million in the latest audit published by NonFungible.com. WHALE was launched in May 2020 as an ERC-20 token and is primarily backed by the NFT collection stored within The Vault. Based on market conditions and analysis, the popular NFT market…
Polkadot smart contract parachain Moonbeam recently announced the native integration of Chainlink Price Feeds on Moonriver, marking a pivotal moment for projects building in the Kusama ecosystem. Moonriver is a layer 1 Ethereum-compatible parachain connected to Kusama, and a permanently incentivized canary network of Moonbeam. Following the news that Chainlink Price Feeds officially went live…
The world’s largest digital currency asset manager, Grayscale Investments, recently announced the launch of its sixteenth investment product that will be tracking the performance of Solana. Often referred to as one of the “Ethereum killer” networks, the Proof of History (PoH) blockchain built by Solana Labs gained traction by leveraging fast transactions at low cost…
While Bitcoin and Ethereum prices successfully held their rebound from last week’s sell-off, Shiba Inu surged following Kraken listing. Crypto investment products recorded inflows totaling $306 million last week, as Bitcoin saw the largest inflows in five weeks, the latest report from CoinShares revealed. However, price pressures led total assets under management (AUM) to decrease…