Archives: Fast News

  • 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.

  • 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.