Ethereum layer two TVL reaches all-time high
Layer 2 TVL has more than doubled over the past couple of months, hitting a new all-time high of $5.64 billion. The total value locked (TVL) on Ethereum layer two…
Bitcoin (BTC) Price Prediction: Bitcoin Hovers above $55.6k as Bitcoin Looks Oversold
BTC/USD Makes Gradual Decline as Bitcoin Looks Oversold -November 22, 2021 BTC/USD is still in a downward correction as Bitcoin looks oversold. Bitcoin bulls were repelled after two attempts to…
RPG adventure game Illuvium boosted by $2M gaming guild fundraise
Polemos plans to expand into the burgeoning P2E gaming landscape with a strategic funding round dedicated to the launch of its Illuvium RPG game. Polemos, a play-to-earn (P2E) gaming guild…
Animoca Brands raises $5M for NFT marketplace, Quidd
The big funding came via private sale, pre-sale, and the token’s IDO, which sold out in under an hour. Quidd, a marketplace for digital collectibles and a subsidiary of Animoca…
Australian Senator says DeFi is ‘not going away any time soon’
The Liberal Party Senator commented that DeFi “presents huge opportunities” for Australia to cement its place as a “front-runner for innovation.” Senator Jane Hume has stated that decentralized finance (DeFi)…
Fund Managers Increasingly Prefer Bitcoin Over Gold — Say It’s a Better Store of Value
A growing number of fund managers and institutional investors now prefer bitcoin over gold. They see the cryptocurrency as a better store of value and a better inflation hedge. “I…
IRS Expects to Seize Billions of Dollars in Cryptocurrency Next Year — More Than $3.5 Billion in Crypto Seized This Year
The Internal Revenue Service (IRS) has revealed that $3.5 billion in crypto was seized during the fiscal year 2021. This represents 93% of all funds seized by its criminal investigation…