WazirX NFT marketplace introduces new features
WazirX NFT marketplace, the most trusted NFT marketplace for artists and creators from India’s leading cryptocurrency exchange & trading platform, introduced new features. These features allow users to collect & transfer NFTs at the WazirX NFT marketplace.
Avalanche creates $200-million fund to lure top crypto devs
The Avalanche Foundation unveiled a new $200 million fund this week aimed at expanding the liquidity potential of startup projects with its ecosystem building decentralized finance, nonfungible tokens, enterprise and cultural applications.
Bitcoin soft fork days away as Taproot upgrade closes in
The Taproot upgrade was set for deployment after achieving a 90% consensus among the Bitcoin miners (mining nodes). Taproot is Bitcoin’s first major upgrade since August 2017, which aims to improve the network’s privacy, efficiency and smart contracts capability.
Solana surpasses Cardano (ADA), Tether (USDT) to become fourth-biggest crypto worth $75 billion
Solana (SOL) surpassed Cardano (ADA) and leading stablecoin Tether (USDT) to become the fourth-largest cryptocurrency by market capitalization.
The net worth of total SOL tokens in circulation was a little over $75 billion, falling only behind Binance Coin’s (BNB) $106.6 billion, Ethereum (ETH) $558.9 billion, and Bitcoin’s (BTC) $1.23 trillion.
KardiaChain deploys One Billion KAI fund to support an open metaverse
KardiaChain announced the birth of KAI Treasury – a DAO to empower the community and support an open metaverse in the future. The first target of the Treasury is 1,000,000,000 KAI tokens in-vault. In the meantime, the KAI Treasury will be locked until reaching this target.
Axie Infinity Launches Katana DEX
Axie Infinity, the Ethereum-based crypto game built by Sky Mavis, has announced the launch of its own decentralized exchange, Katana.
The launch follows the development of its Ronin sidechain, which now also introduces a new ecosystem token, $RON. Now, Axie Infinity users will be able to swap tokens without connecting to and bridging with the Ethereum blockchain.
IoTeX is going to update to version 2.0 and launch MachineFi
IoTeX is going to update to version 2.0 and launch MachineFi. MachineFi will connect the real world to the metaverse and unleash a new decentralized machine economy.
Highlights of The Week
$SOL Ventures, FTX, and Lightspeed launch $100M Blockchain Gaming Fund.
$XTZ Music NFT Platform, OneOf, announces Grammy Awards partnership.
$ENJ is launching $100M Metaverse Fund.
$IOTX ships Pebble Tracker to CrowdSupply.
Solana Ventures, FTX, and Lightspeed launch $100 million blockchain gaming fund
Solana Ventures, Lightspeed Venture Partners, and FTX announced a $100 million fund to invest in startups focused on building blockchain gaming studios. Startups that were selected to invest include Epic Games, 1047 Games, TripleDot Studios and Faraway Games.
FTX bought and burned 7.9 million USD worth of FTT
FTT announced that they bought and burned 7.9 million USD worth of FTT this week. Specifically, 134.117 FTT have been burnt, equivalent to 7.960.000 US$.
See more details at: https://ftx.com/ftt