Robinhood acquires British crypto firm Ziglu to push expansion plans

Robinhood, a major cryptocurrency-friendly stock trading app, is pushing global expansion by acquiring the United Kingdom-based crypto asset firm Ziglu. Robinhood officially announced Tuesday that it signed a deal to acquire Ziglu, subject to regulatory approvals and other closing conditions. The firm declined to disclose the size of the deal to Cointelegraph. “Subject to regulatory […]

Skynet Trading Launches $40M Fund to Support Elrond Network’s DeFi Push

“The Elrond blockchain architecture has been designed from scratch to evolve beyond the current scaling limitations of, say, Bitcoin or Ethereum,” Elrond co-founder and CEO Beniamin Mincu told CoinDesk in an email, touting the network’s high transaction capacity. Source link

MetaMask’s Institutional Arm Makes Push for DAOs With New Custody Deals

MetaMask has seen tremendous growth in the last year through the acceleration of Web 3 adoption globally, tripling its million monthly user count in the last year. In March, parent company ConsenSys closed a $450 million funding round, with MetaMask and Infura being widely seen as the Ethereum venture studio’s crown jewels. Source link

Kava turns bullish as Ethereum Co-Chain launch initiates push toward EVM compatibility

Protocols in the Cosmos ecosystem have seen a significant amount of growth in 2022 due to the intensifying focus on blockchain interoperability and compatibility with the Ethereum network.  One protocol that has seen a buildup in momentum since the middle of March is Kava, a project that is developing a co-chain architecture for the Cosmos […]

CEEK VR gains 100%+ as push toward virtual reality and Metaverse development intensifies

Nonfungible tokens (NFTs), decentralized finance (DeFi) and the Metaverse are three of the hottest trending topics in the cryptocurrency ecosystem and each is helping the world slowly move toward the mass adoption of blockchain technology.  One project looking to capitalize on these trends is CEEK VR (CEEK), a entertainment and creator-focused platform aiming to use […]

Interoperability push puts attention back on Polkadot

The Polkadot ecosystem sorely underperformed compared to other layer-1 networks in 2021, while the slow roll-out of parachain auctions and mainnet launches left the network playing catch-up in 2021. It appears that this trend came to an end in mid-March when numerous projects in the Polkadot ecosystem saw their prices climb higher after users began […]

SiennaSwap adds Bitcoin, Monero trading pairs in push for privacy-focused DeFi

Cross-chain DeFi protocol Sienna Network has enabled Bitcoin (BTC) and Monero (XMR) trading pairs on its decentralized exchange, giving users the ability to transact privately in two of the world’s most recognizable cryptocurrencies.  Effective immediately, users of the privacy-focused SiennaSwap DEX will have the ability to trade BTC and XMR against the protocol’s native Sienna […]

Anthony Pompliano Continues Push for Pension Fund Crypto Allocation

As pension funds struggle with their funding, Morgan Creek Digital co-founder Anthony Pompliano continues to press them into adding more Bitcoin into their portfolios.  In a letter to investors, Pompliano said pension funds like the California Public Employees’ Retirement System (CalPERS) will do well to invest in Bitcoin instead of increasing their allocations of illiquid […]

Biggest Crypto Exchanges Push for Global Presence

Cryptocurrency exchanges have an important role in driving adoption around the world, but even the biggest operations face significant challenges when trying to expand their services. The advent of Bitcoin (BTC) and the subsequent development and launch of numerous other cryptocurrencies have changed the way people look at transacting across the world. Dependency on traditional […]