Archives: Fast News

  • WAXP witnessed significant growth after 24h

    WAXP witnessed significant growth after 24h

    WAXP witnessed significant growth after 24h

    WAXP has grown by over 44%, with a trading volume tripling in the last 24 hours.

  • Indian Crypto Exchange WazirX Says User Base Has Grown Tenfold in 2021

    Indian Crypto Exchange WazirX Says User Base Has Grown Tenfold in 2021

    Binance-owned Indian cryptocurrency exchange WazirX said its user base has grown by over 10 times this year to 10 million.

    WazirX recorded a trading volume of over $38 billion year to date, equating to average monthly growth of 44%.

  • Fintech investments in ASEAN surge to 424% in 2021

    Fintech investments in ASEAN surge to 424% in 2021

    Fintech investments in ASEAN surge to 424% in 2021

    According to FinTech in ASEAN 2021 report by UOB, investments in Fintech firms witnessed an ATH of $3.5 billion in the first nine months of 2021.

    This was more than three times compared with 2020. This marked a 424% hike as compared to the previous year.

  • Ethereum is expected to hit $8,000 by the end of 2021

    Ethereum is expected to hit $8,000 by the end of 2021

    According to Goldman Sachs’ Managing Director, the rising inflation can push Ethereum’s price to $8,000 before the end of 2021.

  • Polygon leads NFT gaming growth while Axie Infinity, Decentraland retain “powerhouse” status

    Polygon leads NFT gaming growth while Axie Infinity, Decentraland retain “powerhouse” status

    Polygon leads NFT gaming growth while Axie Infinity, Decentraland retain “powerhouse” status

    According to DappRadar report, Polygon’s unique active wallet (UAW) connected to games increased by 242% month-over-month (MoM), and by 982% when compared to August. With over 125,000 daily UAW, game transactions doubled in October when compared to last month.

    In addition, The Sandbox and Decentraland were gearing up to become true powerhouses of the game dApp ecosystem. Both of the games’ respective tokens tripled since Facebook announced its rebranding to Meta Platforms.

  • Top 3 Loser Tokens

    Top 3 Loser Tokens

    Top 3 Loser Tokens

    $CHR: -15.3%
    $MANA: -11.86%
    $ARPA: -8.9%

    After strong gains, digital assets often go through a period of correction before falling back to more stable prices. After a 274% growth compared to the previous month, CHR fell by 15.3% to 26,135 VNDC.

  • Convex Finance integrates the $OUSD pool

    Convex Finance integrates the $OUSD pool

    Origin Protocol announced that Convex Finance, one of the largest DeFi platforms, has integrated the Origin Dollar (OUSD) pool on Curve into their platform.

    Liquidity providers for the OUSD pool on Curve can now stake their LP tokens on Convex to earn boosted CRV, CVX, OGN rewards and base trading fees.

  • 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.