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Decentralized socialfi platform Boom has announced the launch of its application on the App Store and Google Play in addition to the Android version. For most Cryptocurrency projects, having to launch a mobile app is a huge accomplishment as it will attract a large number of users into the application, bringing the benefit of the application towards more users in the Web 3.0 social world. Whether you are involved in the NFT or Cryptocurrency market or not – there’s massive …

What if you don’t have to pay ~ $43,000 to stack 1 Bitcoin? If you are the owner of ~ 2,050 S19j pros (Bitcoin Miners), today you would mine 1 BTC and only pay $11,241.43 in electricity expenses (assuming a $0.075 per kWh hosting rate). How is this calculated? Daily revenue can be calculated by multiplying Bitcoin’s hash price by the number of TH a machine can produce. The current hash price is ~ $0.21. Hash price is determined by …

Everlens is pleased to announce that it has successfully launched its groundbreaking NFT platform for Instagram. Over 1.4 billion Instagrammers can now seamlessly connect to the Everlens NFT marketplace and turn their posts into tradable NFTs.  The Everlens marketplace aims to be the premier platform for social media users to mint, buy, sell and showcase their NFTs. From exclusive content to digital art, perpetual royalties, transferable VIP access, and more, NFTs allow communities to bond and create real-world value in …

In 2021, investment and financing returns in the crypto industry constantly broke record high. Among the records, 7 O’Clock Capital’s highest return investment reached an ROI of 10,733%. According to Chain Broker data, 7 O’Clock Capital was one of the top funds last year in terms of return.  2021 was a momentous year for the crypto industry, bitcoin reached an all-time high of $69,000, DeFi, Layer1, Layer2, NTF, GameFi, and Metaverse erupted alongside with record levels of investment and financing. …

Just four months since its public beta launch, the derivatives DEX is driving unprecedented growth by giving traders the freedom to list any trading pair.  As both retail and institutional traders get more involved in DeFi, crypto derivatives trading is also seeing increased interest. According to The Block Research, the combined trading volume of bitcoin (BTC) and ether (ETH) options increased 443% from 2020 to 2021. Other notable events, including Coinbase’s recent purchase of crypto futures exchange FairX, have further …

Post-trade in capital markets today operates primarily based on provision of balance-sheet to off-set counterparty risk, either directly or indirectly, via settlement agents, CCPs and CSDs etc.  The issues with this ‘hub and spoke’ model are well known, including the resulting massive duplication of data, bifurcated processes, concentration of risk and subsequent deployment of capital and resources that could be better utilized.  Furthermore, the way many markets operate today is slow, and ‘markets’ are fixed to ‘business hours’ with significant …

Sygnum Bank’s Digital Asset Outlook 2022 report analyses the developments that shaped the crypto industry in 2021, and lays out Sygnum’s strategic outlook for the market and its key sectors and trends for the year ahead. Read the full report here – key takeaways include: A tipping point has been reached where asset class maturity and regulatory clarity have passed the threshold for institutional investors to make significant allocations Innovations in decentralisation, scalability and security are driving growth in applications …

With more than $100 billion in market cap across all chains, it is likely that the DeFi market cap will grow to $200 billion by 2025. However, many users still face various technical barriers when using decentralised platforms to do on-chain farming, staking and trading, while off-chain solutions face liquidity issues, fiat restrictions and the lack of a central multichain to support crypto assets and institutional-grade custodians.  To accelerate the growth of mainstream user adoption and unlock the next trillion …

2021 is in the past and in this past year, DeFi gradually became the ‘old story’ in the blockchain world, and concepts such as NFT, GameFi, DAO and metaverse took turns to be the next new trend. With the rapid change in the industry, the development of the first generation of DeFi projects has attracted attention. MDEX, which is about to celebrate its first anniversary, is a prime example of how the first generation of DeFi has evolved with the …

WhaleFin, the flagship digital asset platform of Amber Group, announced a partnership with a leading non-profit organization, Whale and Dolphin Conservation (“WDC”). As part of the partnership, WhaleFin adopted a 46-year-old female humpback whale named Salt, widely known as the most famous whale in the world. This collaboration comes on the heels of Amber Group’s recent launch of WhaleFin, an “all-in-one” digital asset platform positioned to empower diverse market participants of all backgrounds to build and manage wealth in a …