News and Articles by Anahit

Toronto-based medical website "Ask the Doctor", which previously added 31 billion Shiba Inu (SHIB) tokens to its balance sheet, said today that it had eliminated all its SHIB tokens. Also, the company called SHIB the biggest scam in crypto, and its founder, with the pseudonym Shytoshi...

Popular crypto ecosystem Binance revealed having signed an agreement document with the world's leading business event center venue DWTC. The news comes a day later after the Dubai government revealed the DWTC becomes a place and regulator for virtual assets and cryptos. Binance CEO Chaopeng Zhang...

Leading international bank JP Morgan is partnering with the largest industrial manufacturing firm in Europe Siemens. JP has created a structure for the manufacturer’s payments. A release by Financial Times, says the institutions presented a first-of-its-kind app. The system is being used for...

On Dec. 17, major sportswear company Adidas presented 30.000 "Into the Metaverse" NFTs. The assets that will allow purchasers to be a member of a fan club, and acquire special merch drops were minted and sold out in hours. The cost of one NFT was 0.2 Eth, which is around $754 at current...

Today, December 20, the government of Dubai published a press release, saying that the Dubai World Trade Centre (DWTC) will turn into a comprehensive zone and regulator for digital assets and crypto. As the government said the statement includes digital assets, products, operators, and exchanges....

The first 5 projects winning Polkadot Parachain auctions, Acala, Astar, Clover, Moonbeam, and Parallel Finance were officially launched on the network. They are focused on DeFi and will serve to enhance Polkadot’s scalability. In the blog post published on Dec. 18, the Polkadot team said that the...

Terra blockchain protocol has overtaken Binance Smart Chain by total value locked (TVL) in its smart contracts. According to data tracker DeFi Llama, the total volume locked in Terra currently stands at around $17.3 billion. The amount went up by over 36% in the last 7 days. Now, Terra is the...

Ethereum is the most used blockchain protocol as of December 2021. However, as the network is heavily congested, it faces difficulties such as high transactional costs and delayed operations. Meanwhile, alternative blockchain ecosystems continue to grow, making the competition stronger. At the...

Entrepreneur, Reddit co-founder Alexis Ohanian, and Polygon Network have built a $200 M initiative to drive the growth of web3-based projects. Ohanian's VC firm Seven Seven Six and Polygon will back the projects representing the industry. The Polygon blockchain will deliver the infrastructure for...

Optimism, one of Ethereum’s off-chain scaling solutions, that uses rollups techniques revealed, removing its whitelist. Now, anyone can deploy applications to the Optimism mainnet. Originally Optimism launched with a whitelist, and only projects included in it could deploy smart contracts on the...

The founder of the crypto platform Tron, Justin Sun announced that he had received the invitation to become the Ambassador of the Grenadian Government to the World Trade Organization in Geneva, Switzerland. I have accepted the invitation and appointment of the Grenadian Gov. to officially serve as...

Russia’s Central Bank considers forbidding crypto investments, two financial market sources standing close to the institution told Reuters. As the report informs, the regulator assumes that an increasing number of crypto transactions presents risks to financial stability. In 2020, Russia gave...

Data from blockchain analytics platform, Santiment show that the supply of the stablecoin Tether (USDT) on exchanges reached its 6-month high. Since mid-June, the amount went up by 22.5% and currently stands at around $8.99 billion. The analysis indicates that there is a high interest in buying...

Melania Trump, the former first lady of the US, presented her NFT platform MelaniaTrump.com. As the office of Melania Trump said, the platform will introduce NFTs regularly. It uses the Solana blockchain and is powered by social networking service Parler. Users can make purchases with Solana's...

On-chain data provider startup Nansen announced raising $75 M in Series B. The round was led by the venture capital firm Accel. Among the participants were GIC, Andreessen Horowitz, Tiger Global, and a subsidiary of Siam Commercial Bank (SCB), SCB 10X. We’re excited to announce that Nansen has...

Binance collaborates with Telekomunikasi Indonesia Tbk (Telkom Group), the largest telecommunication network in Indonesia to release a crypto exchange. Telkom is a state owned enterprise, with 52.09% of its shares belonging to the government. Binance has built a joint venture together with a...

Block CEO Jack Dorsey revealed who the selected members of the ₿trust Board are. ₿trust is a BTC endowment. Dorsey and famous rapper Jay-Z started the program to support BTC development in India and Africa. Dorsey and Jay-Z contributed 500 Bitcoins to the initiative. The aim of ₿trust is to...

Social news and discussion website Reddit announced filing for an Initial Public Offering (IPO) of its common stock with the US SEC. As the company mentioned in a tweet, the number of shares and the price aren't determined yet. The IPO is supposed to be held after the SEC's review, subject market,...