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Aurora launches a $90M token fund

Aurora has recently marketed a token fund of $90 million. For those unaware, Aurora is an EVM (Ethereum Virtual Machine) designed by the Near protocol team. The purpose of Aurora is to provide turn-key solutions for the running of Dapps on an Ethereum-supported, scalable and secure platform with minimum service charges for its users.   The…

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Newly-Found Moonbirds NFT Project Fetches $290M in Sales

Soaking in the newly-found success within the Non-Fungible Token industry, newbie NFT platform Moonbirds has announced to generate a whopping $290M from sales. With this achievement, the Ethereum-supported digital collectibles project has managed to climb up the trade volume charts quickly while giving stiff competition to the existing firms from the NFT sector. What makes…

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Monero Community Passes Consensus for Hard Fork Upgrade in July

With a view to strengthening the core channel of its popular privacy-centric interface, the Monero (XMR) community has successfully passed a consensus for the upcoming July hard fork. The popular virtual currency cluster is looking forward to a significant improvement in its operational capacity with the scheduled upgrade of its powerful decentralized ecosystem. The development…

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Terra’s UST Defeats BUSD & Becomes The Third-largest Stablecoin Project

Working as a top-tier decentralized channel, Terra has taken the crypto industry in a storm by successfully placing Terra USD (UST) as the third-largest stablecoin in the market space. The popular stablecoin has recorded a whopping 15% rise in its market capitalization in the past 30 days to reach a value of $17.5 billion at…

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KILT Unveils Revolutionary Tool for Digital Credentials For Users

Thriving as a popular identity protocol empowered with blockchain technology, KILT has included a new product called ‘Web3name’ (w3n) in its diverse ecosystem. With this new application, KILT is looking forward to helping customers enjoy access to a new interface of digital credentials and identities. The new highly-anticipated solution will facilitate exposure to improved transparency…

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Grayscale CEO Looks Forward To SEC’s Take on Spot Bitcoin ETF

As cryptocurrencies continue to take a sweep across the global financial space, industry veterans are showing keen interest in experimenting with new products. The latest buzz from the sector is coming for the launch of the spot Bitcoin ETF which has been a hot topic of discussion for investors and crypto firms. Recently, the long-awaited…

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Lightning Network Records 410% Rise in Payments Volume

Working as Bitcoin’s L2 scaling protocol, the Lightning Network has witnessed a striking surge in the level of payments volume by a stunning 410% as it garners attention from the industry. In a recent report, the growth in popularity of the Lightning Network was highlighted citing the channel’s unprecedented competence in executing and processing transactions…

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Pantera Capital Plans to Close $1.3B worth Blockchain Fund in May

Pantera Capital, the renowned investment firm involved in crypto projects is closing its first blockchain fund called the ‘Pantera Blockchain Fund’ in the coming weeks. Launched in May 2021 with high hopes, the Pantera Capital Fund is settling for its wrap-up post its success in achieving the pre-determined target of $600 million raise from the…

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MoonPay Raises $87 Million from Global Celebrities

Walking down the crypto path, you know you can expect anything and everything, starting from the most bizarre to the most exciting, within a flash of a second. The billion-dollar industry gave a thrilling surprise to crypto payment firm MoonPay by earning it the necessary support from the biggies of the entertainment, music, and sports…

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Sega’s Super Game Natural Extension plans to add NFTs

Working as a multinational video game and entertainment firm hailing from Japan, Sega is gearing up to take a strategic step involving NFTs within its new ‘Super Game’ initiative. Amid the growing craze for digitalization, Sega has planned to integrate support for cloud technology and Non-Fungible Tokens to enhance the potential of its highly-anticipated Super…