Archives: Fast News

  • Cosmos, Solana Ventures Join $725M Series B for Crypto Gaming Platform Forte

    Cosmos, Solana Ventures Join $725M Series B for Crypto Gaming Platform Forte

    Cosmos, Solana Ventures join $725M Series B for crypto gaming platform Forte

    Crypto gaming startup Forte today announced it has taken in $725 million in Series B financing, adding to its haul of $185 million from a Series A round this May.

    Sea Capital and Kora Management led the funding round, with recognizable players such as Andreessen Horowitz, Animoca Brands, and Warner Music Group also participating. In a sign of Forte’s multichain ambitions, Cosmos, Polygon Studios and Solana Ventures—the venture wing of Solana Labs—all took part in the Series B.

  • ADALend: Announcing Imminent Cross-Platform Development

    ADALend: Announcing imminent cross-platform development

    ADALend, a decentralized lending protocol governed by the Cardano system, is currently in the process of developing a decentralized financing (DeFi) project.

    The team has just announced its plans to start the development of its cross-platform integrations very soon. The integrations will simplify and allow access to decentralized financial services by a larger segment of users around the globe.

  • Binance is potentially worth $300B

    Binance is potentially worth $300B

    Binance is potentially worth $300B

    According to former Binance executives, the crypto exchange could be worth $300 billion if it decides to go public.

    In addition, at $300 billion, Binance surpasses other notable unicorn companies. They include media powerhouse Walt Disney Co, oil and gas mainstay Exxon Mobil Corp, and sports apparel giant Nike Inc.

  • Highlights of the week

    Highlights of the week

    Tether Stablecoin launches natively on $AVAX.
    $ZEC and Agoric to bring composable smart contracts to DeFi and NFTs.
    $ICX 2.0 mainnet launches with focus on DeFi and interoperability.

  • Top 3 Trending Assets

    Top 3 Trending Assets

    Top 3 Trending Assets

    $MANA: 103,870 views
    $IOTX: 59,767 views
    $SAND: 45,527 views

    The recent strong growth of MANA, IOTX, and SAND has continuously attracted significant interest from traders. MANA has led the top Trending with 103,870 views, an outstanding achievement that is comparable to Bitcoin’s performance a few days ago.

  • Only 12.9% of BTC supply remains on exchanges

    Only 12.9% of BTC supply remains on exchanges

    Since August, when BTC’s price started gaining upward momentum, the percentage of coins on exchanges started dropping. Currently, just 12.9% of Bitcoin’s circulating supply ($163 billion) is sitting on cryptocurrency exchanges.

    When investors keep their coins on trading platforms it is often a sign that they are preparing to sell their BTC or other crypto. Moving BTC off of these platforms usually means they’re ready to hold onto their coins for longer periods. This reduces available supply and is viewed as bullish for the price.

  • SKALE and Ideasoft announced Integration Partnership

    SKALE and Ideasoft announced Integration Partnership

    As a SKALE partner, IdeaSoft’s blockchain development team will offer a deep understanding of the SKALE Network in order to successfully help companies integrate SKALE into their Dapps and projects, while also providing a host of deployment services.

  • La Haus accepts Bitcoin for property purchases

    La Haus accepts Bitcoin for property purchases

    La Haus, a Latin American proptech company, is now accepting bitcoin for home purchases through on-chain transactions and the Lightning Network.

    This is part of La Haus’ strategy to provide consumers with a variety of payment options and maintain the company’s position as the market leader.

  • Additional 31 billion SHIB are being accumulated

    Additional 31 billion SHIB are being accumulated

    According to WhaleStates, a trader accumulated 31.3 billion SHIB, equivalent to around $1.73 million. This transaction brought the trader’s cumulative complete to practically 863 billion SHIB, worth over $47.4 million.

  • HBAR Foundation supports Akt.io to launch first DeFi project

    HBAR Foundation supports Akt.io to launch first DeFi project

    Akt.io, the innovative platform bridging DeFi, wealth management and payment services, announced today its partnership with the HBAR Foundation to support their launch of the first DeFi app on Hedera Network.

    Their forthcoming app will enable users to automate investments with intelligent algorithms, generate income with digital assets and be seamlessly connected to the akt.io Wealth Card, an internationally recognized payment card that will allow for direct payments with invested capital.