Technology

Terra’s Cross-Chain Bridge Now Supports Solana, Avalanche, Fantom, Moonbeam, Osmosis

Coins Legend April 13, 2022 0

Terra Bridge, the cross-chain bridge protocol now supports Solana, Fantom, Moonbeam, Osmosis, and Avalanche according to Terraform Labs CEO Do Kwon. “Easiest way to move funds in crypto,” the Terraform Labs CEO explained in a tweet. Terra Bridge Adds 5 New Chains On April 12, 2022, Terraform

Finance

Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days

Coins Legend April 11, 2022 0

Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion. The value locked in defi protocols shed 4.40% of that value during the last 24 hours. Value Locked in Defi Shudders This Week While the […]

Technology

Total Value Locked in Defi Nears Lifetime High, Ethereum’s TVL Dominates by 54%

Coins Legend April 3, 2022 0

On Sunday, April 3, the total value locked (TVL) in decentralized finance (defi) has risen to $231 billion. The TVL is nearing the all-time high (ATH) of $256 billion recorded on December 2, 2021, as it’s only 10.82% under the TVL’s ATH. Additionally, while Curve Finance continues to dominate in terms of TVL, the defi […]

News

EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space

Coins Legend April 1, 2022 0

Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be coordinated with other European institutions, aim to introduce restrictive measures for transactions involving privately managed crypto wallets. EU Parliament Moves to Introduce

News

Citi Predicts Metaverse Could Be $13 Trillion Opportunity With 5 Billion Users

Coins Legend April 1, 2022 0

Citi has predicted that the total market for the metaverse economy could grow to between $8 trillion and $13 trillion by 2030. In addition, the global bank expects that the number of metaverse users could be as many as five billion. The Metaverse Is Potentially an $8 Trillion to $13 Trillion Opportunity, Says Citi Citi […]

News

Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country

Coins Legend March 31, 2022 0

The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued and extended use of cryptocurrencies might bring different kinds of risks to the 12% […]

Uncategorized

Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups

Coins Legend March 31, 2022 0

On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital Reveals Fund II — Firm Will Invest $110 Million Into early-Stage Blockchain Startups The

News

DeFi Kingdoms Integrates Ramp to Take in-Game Payments to the Next Level

Coins Legend March 30, 2022 0

PRESS RELEASE. London, UK: 30 March 2022 – Play-to-earn game, DeFi Kingdoms, has partnered with crypto payments infrastructure platform, Ramp to bring an even greater in-game payment experience to players. For one week only* players can enjoy zero fees when purchasing AVAX through Ramp. DeFi Kingdoms has been wildly popular, generating more than $1.6 billion […]