Washington state passes bill aiming to expand local blockchain adoption
Washington State Governor Jay Inslee has signed a bill into law Wednesday that aims to expand the state’s adoption of blockchain technology across various financial and industrial sectors.
Washington is the latest among a number of U.S. states, including New York, Texas and Wyoming, to have embraced blockchain technology or cryptocurrency at large.
Alpha Finance Lab introduces Alpha Ventures DAO, partners with Terraform Labs
According to the official announcement shared by Alpha Finance Lab, it launches Alpha Venture DAO, a “Builders’ DAO” designed to supercharge young blockchain products and support them with funding and expertise.
Its consulting and mentorship initiatives will be coordinated by Terraform Labs, which is a partner of Alpha Venture DAO, and Alpha Network, a group of the 50 most influential opinion leaders in DeFi and Web3.
Fantom Foundation announces 335 million FTM incentive program
The Fantom Foundation announced a new 335 million FTM incentive program in collaboration with Gitcoin Grants.
The funding initiative aims to increase the variety of projects building in the Fantom Ecosystem, focusing on DeFi, Gaming, NFTs, education, and core blockchain architecture.
Samsung partners with Nifty Gateway to launch smart tv NFT platform
On March 30, Samsung Electronics announced a partnership with Nifty Gateway, a digital art auction platform offering a wide variety of NFT works, to develop the world’s ‘First-Ever Smart TV NFT Platform.’
Leveraging Samsung’s and Nifty Gateway’s technology, customers can seamlessly browse, display, and interact with NFTs from the comfort of their couch. In addition, customers will have access to more than 6,000 art pieces from emerging and top artists on the market.
BAKE rises 76.84% after 24h
BAKE, the governance token of the BakerySwap ecosystem, is currently leading the Top Gainers on ONUS. The asset has witnessed an outstanding growth rate of 76.84% and is trading at $1,503 with a trading volume of 424.57 million USD.
Wave Financial launches $100 million ADA fund to bolster Cardano DeFi ecosystem growth
The SEC-regulated digital asset management company Wave Financial unveiled – the “Wave ADA Yield Fund” with an initial amount of $100 million.
The main aim of the ADA Yield Fund is to provide liquidity and other resources to Cardano’s increasingly growing decentralized finance (DeFi) platform startups and also foster innovation in the overall crypto ecosystem.
Solana surges as NFT trading rises 80% following OpenSea reveal
Leading NFT marketplace OpenSea announced yesterday that it will add support for the Solana ecosystem in April.
Solana (SOL) jumped by nearly 12.54% today, pushing its price to over $125.85. That’s a 36% increase from just one week ago, and the highest that Solana has been since January 21.
Zilliqa (ZIL) skyrockets another 60%
On March 26, ZIL suddenly spiked more than 100% within a single day, despite the relatively sluggish performance of the broader cryptocurrency market. Despite facing some selling pressure, ZIL managed to maintain the rally, adding another 71% within the following three days.
It is worth noting that the rally came after Metapolis, a soon-to-be-launched Metaverse project powered by Zilliqa, announced its tie-up with global talent awards app Agora.
Bitcoin reaches historic moment indicating bullish sentiment
The number of Bitcoin addresses with a non-zero balance for the first time exceeded 40 million, confirming the growing interest in the cryptocurrency asset.
According to the analytical platform IntoTheBlock, on March 25, 40.25 million addresses were registered in the Bitcoin network. This is a historical maximum for the entire existence of the cryptocurrency.
Helium becomes Nova Labs after raising $200 million in fresh capital
Helium Inc., the company behind the fast-growing Helium blockchain, has rebranded as Nova Labs.
Nova Labs also confirmed earlier reports of a $200 million Series D funding round led by Tiger Global, with participation from Andreessen Horowitz (a16z), Deutsche Telekom (DTEGY) and others. The latest funding round brings the California-based company’s valuation to $1.2 billion.