press

Facebook’s ‘Meta’ rebrand and how it can affect MANA & other alts

Source Node: https://ambcrypto.com/facebooks-meta-rebrand-and-how-it-can-affect-mana-other-alts/
Time Stamp: November 2, 2021 7:30 AM - Modified On: November 2, 2021 - Published By:
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Republished By Plato

MANA-mania swept the crypto-verse off of its feet after the token charted some unexpected gains on the back of Facebook’s ‘Meta’ rebrand. Decentraland, a decentralized 3-D virtual reality platform supported by the Ethereum blockchain, saw its native token MANA soar to an all-time high of $4.11 on 31 October.  With the crypto surging by 164% in just half a day, once again, the significant role played by bigger players in pumping cryptos was at the fore. So, how exactly did Facebook announcing its name change to Meta push the price

Metaverse Startup The Sandbox Closes $93M Series B Led by SoftBank

Source Node: https://www.bitcoinnewsminer.com/metaverse-startup-the-sandbox-closes-93m-series-b-led-by-softbank/
Time Stamp: November 2, 2021 5:38 AM - Modified On: November 2, 2021 - Published By:
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Republished By Plato

Metaverse startup The Sandbox closed a $93 million Series B funding round led by SoftBank, said a press release. The Sandbox is an Ethereum-based platform where players can “play, create, own, and govern a virtual world,” according to its site. Players can own in-game assets in the form of non-fungible tokens (NFTs), such as plots of land that they can build on. The Sandbox token, SAND, has a $2.46 billion market cap, according to data from intelligence platform CoinMarketCap. The startup’s majority stakeholder is Hong Kong-based gaming firm Animoca Brands,

Burger King partners with Robinhood Crypto to give away cryptocurrencies.

Source Node: https://chaintimes.com/burger-king-partners-with-robinhood-crypto-to-give-away-cryptocurrencies/
Time Stamp: November 1, 2021 8:07 AM - Modified On: November 1, 2021 - Published By:
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Republished By Plato

According to a press release, fast-food chain Burger King is partnering with Robinhood Crypto to give away a range of cryptocurrencies. The rewards on offer are 20 bitcoin, around $1.17 million, 200 ether $800,000, and 2 million Dogecoin ($472,000). The odds of winning a bitcoin prize, according to the release, are 100,011 to 1. Earlier, Robinhood reported a 35 percent yearly surge in its revenue. The cryptocurrencies will be given away to Burger King’s Royal Perks members. The cryptocurrencies will be given away to Burger King’s Royal Perks members, a

Total Crypto Market Cap Hits All-Time High of $2.6 Trillion

Source Node: https://beincrypto.com/crypto-market-cap-all-time-high-2-6-trillion/
Time Stamp: October 18, 2021 2:23 AM - Modified On: October 18, 2021 - Published By:
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Republished By Plato

Cryptocurrency markets have been climbing again to kick off the week and the total market capitalization has reached a record high. The market capitalization for all cryptocurrencies has reached an all-time high of $2.6 trillion according to CoinGecko.Sponsored Sponsored This has just surpassed the previous high of $2.55 trillion that was made on May 12 when many altcoins were notching up their own record highs. Total Crypto Market Cap – CoinGecko Rival token analytics platform CoinMarketCap is reporting a total crypto market cap of around $2.5 trillion which is about

Cypto and DeFi opportunities are a result of this

Source Node: https://ambcrypto.com/cypto-and-defi-opportunities-are-a-result-of-this/
Time Stamp: October 17, 2021 9:30 PM - Modified On: October 17, 2021 - Published By:
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Republished By Plato

Equating the early days of the internet with the crypto boom is now just a hackneyed adoption analogy. However, now that it is understood, investors can use it to diversify their portfolios.  Crypto evangelist Chamath Palihapitiya recently called “Bitcoin the most profound iteration of the internet that we’ve seen.” However, this time around it is “headless”. Palihapitiya explained that Google ruled the roost at the beginning of the internet boom. And, Facebook has dominated the industry for the last 15 years, he added. Therefore, current crypto and DeFi opportunities are

Axie Infinity Leads In-Game NFT Boom, DappRadar Q3 report

Source Node: https://beincrypto.com/axie-infinity-leads-in-game-nft-boom-dappradar-q3-report/
Time Stamp: October 17, 2021 9:30 AM - Modified On: October 17, 2021 - Published By:
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This report contains many interesting facts on blockchain gaming, with the overall trend to take away being that the industry is growing fast in many areas. Additionally, this report shows that various key players and sub-categories of revenue within the blockchain gaming sector are beginning to emerge.Sponsored Sponsored DappRadar has released the full version of the Q3 2021 edition of its ‘Blockchain Game Report’, a series of studies into the statistical facts and trends found within this fast-growing sector. Previously, only a limited ‘overview’ version of the report had been

Solana’s growth has been more than organic, but here’s a word of caution

Source Node: https://ambcrypto.com/solanas-growth-has-been-more-than-organic-but-heres-a-word-of-caution/
Time Stamp: October 9, 2021 3:30 AM - Modified On: October 9, 2021 - Published By:
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Republished By Plato

The third quarter of the year was both exciting and nerve-wracking for most in the crypto-community. And, while both Bitcoin and Ethereum saw positive quarters, the big winners were actually newer protocols. In fact, a significant surge in smart contract platforms outpacing the larger market was noticeable with the rise of projects such as Solana, Avalanche, and Terra. All of the aforementioned gained by at least 300% on the charts.  Even though the Ethereum network had a burst of new user adoption, mostly due to the rapid rise of NFTs,

AXS has gained by >150% in 12 days, but is this rally too good to last

Source Node: https://ambcrypto.com/axs-has-gained-by-150-in-12-days-but-is-this-rally-too-good-to-last/
Time Stamp: October 2, 2021 6:30 AM - Modified On: October 2, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice To say that Axie Infinity has been on a bull run is an understatement. Its price rose from $48 to an all-time high of $120, marking a jump of over 150% in just 12 days. Spot volumes across exchanges clocked in at $5.6 billion, making AXS the fifth most-traded crypto (excluding USDT) over the last 24 hours. Meanwhile, the play-to-earn giant has been building its community presence via huge

Yeahka Ranks First among Non-bank Independent Institutions in QR Code Payment Acquiring Services

Source Node: https://www.acnnewswire.com/press-release/english/69972/
Time Stamp: September 30, 2021 12:53 AM - Modified On: September 30, 2021 - Published By:
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HONG KONG, Sept 30, 2021 - (ACN Newswire) - Yeahka Limited ("Yeahka" or the "Company") (Stock Code: 9923), a leading payment-based technology platform in China, has surpassed others to become one of the most-used aggregate payment service providers by merchants in China.Yeahka's interim results show, as of the first half of this year, the total number of active merchants using the Company's payment services has reached 6.13 million, up 30.8% year-on-year ("YoY"). Its daily peak count of QR code payment transactions has reached 42 million, compared to 30 million at the end of last

Kawaii Islands Taps Polkastarter for its KWT IDO on October 12

Source Node: https://cryptopotato.com/kawaii-islands-taps-polkastarter-for-its-kwt-ido-on-october-12/
Time Stamp: September 28, 2021 3:08 AM - Modified On: September 28, 2021 - Published By:
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[PRESS RELEASE – Tortola, British Virgin Islands, 27th September 2021] Kawaii Islands, the Anime Metaverse gamifying DeFi mechanism, is pleased to announce its Initial Decentralised Offering (IDO) on Polkastarter. The token sale goes live on October 12, and users can start registering for the whitelisting process shortly. Blockchain gaming with a play-to-earn model keeps gaining global momentum. Kawaii Islands is the first Anime Metaverse on a large scale to create a simulation world for players to immerse themselves into. Players can explore customization options, including crafting, decorating homes, styling their

Litecoin’s comeback is possible provided this happens

Source Node: https://ambcrypto.com/litecoins-comeback-is-possible-provided-this-happens/
Time Stamp: September 27, 2021 7:30 AM - Modified On: September 27, 2021 - Published By:
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Republished By Plato

Litecoin’s price has seen its own share of ups and downs this month. However, of late, the downs have been more prominent than the ups on the charts. Inevitably, the alt’s market cap shrank. As a result LTC has slipped on CoinMarketCap’s rankings chart as well. The alt that was once a part of the top 10, occupied the 16th position at the time of writing. Barring one instance since 7 May, LTC was evidently trading below $200. In fact, its press time state was even worse with the alt