Author Archives: Cryptodaily.co.uk

Allbridge, a cross-chain bridge platform, has announced its integration with the open-source, energy-efficient Tezos blockchain. This bridge is a mutual collaboration by the Allbridge and MadFish.Solutions teams. Now 16 blockchains will be integrated with Tezos, bringing more liquidity to its ecosystem. At launch, the following tokens will be bridged to Tezos and available on QuipuSwap DEX: In[Read more…]

Meta is pulling in all the stops to expand into the crypto ecosystem. The social media platform announced that it would soon have NFT creation and trading tools built-in, allowing creators to seamlessly mint and sell Polygon-based NFTs.  However, according to Meta, in-app purchases will be subject to the respective store app fees. Marketplace On[Read more…]

Major Asian financial institution DBS Bank has applied decentralized finance (DeFi) technology to trade foreign exchange and state securities.  FX Trading On Private DeFi Pools Singapore’s leading financial services group, DBS Bank, is applying DeFi technology for a project backed by the region’s central bank. The project includes a trading test of foreign exchange (FX)[Read more…]

With stagnant prices that have left many investors of Polygon (MATIC) And Ethereum (ETH)  feeling bearish about the future of the cryptocurrency industry, it is easy to forget that there are still plenty of projects out there working hard to innovate and bring new solutions to the table. One such project is the Orbeon Protocol (ORBN),[Read more…]

Solana (SOL) and Polygon (MATIC) reported losses for the day. Both of the tokens’ prices were predicted to decrease, as well. As American jobs data revealed a stubbornly strong labor market, the cryptocurrency market corrected. This economic indicator reaffirmed the US Federal Reserve’s intention to raise interest rates aggressively, which would cause a rapid decline[Read more…]

Although the cryptocurrency sector is rapidly increasing, one of the main drivers of this growth is the value that each project’s supporting infrastructure initiatives provide. Polkadot (DOT) and Polygon (MATIC), two cryptocurrency initiatives that have developed their blockchains, are undoubtedly dominating the market. However, the blockchains built by new cryptocurrency ventures like Flasko are more[Read more…]

The trading volumes of Reddit’s NFT marketplace have been on an upward trend as the number of total wallet holders hit the 3 million mark.  Record-Making Numbers Both Polygon and Dune Analytics have reported surmounting trading volume numbers of the Reddit avatars. In the past 24 hours itself these avatars gained another $1.5 million in[Read more…]

The advent of cryptocurrency-based game economies has many people excited. However, striking a balance between emissions and supply reductions is crucial. ICE Poker recently introduced a core change that excites players and shows why play-to-earn games aren’t the best model.  ICE Poker Pivots From Play-To-Earn Nearly all blockchain games on the market today embrace(d) the[Read more…]

SushiSwap has attracted a lot of negative attention this week after bizarre allegations emerged against its newly appointed head chef, Jared Grey. Let’s take a deep dive into some notable crypto news from this week.  Bitcoin Renowned investor Bill Miller has said he remains bullish on Bitcoin, claiming that cryptocurrencies are “misunderstood.” He believes there[Read more…]